Drilling at Callinex Mines' 118-sq.-km Nash Creek project has encountered a new zone of silver mineralization, 9.6 km away from the current deposit, as well as a new area of near-surface zinc and lead, 1.3 km to the west of existing resources.The company has released the results of five drill holes: NC19-306 returned 19 metres of 36.53 g/t silver, 0.38% zinc and 0.52% lead starting at a depth of...Read More
Centerra Gold's Mount Milligan mine. (Image courtesy of former owner, Thompson Creek Metals).Canada's prolific geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects. A fall in the value of the Canadian dollar over the past few years, coupled with a recent upswing in the gold price, make gold...Read More
Kakula copper mine, DRC. Image from Ivanhoe. Ivanhoe Mines (TSE: IVN) co-chairs Robert Friedland and Yufeng Sun announced this week that underground development at the Kakula copper mine in the Democratic Republic of Congo (DRC) continues to advance ahead of schedule, with more than 15.4 kilometres (9.5 miles) now complete, or 4.7 kilometres (2.9 miles) ahead of plan.In May, the mining team set i...Read More
(Image courtesy of Vale) Vale has received a preliminary license for the expansion of the Serra Leste iron ore mine, in Par??, Brazil.Located 50 km from Curion??polis and 5 km from Serra Pelada, Serra Leste Mine has an estimated reserve of 307.4 million metric tonnes, with average iron content of 65.4%.The company plans to increase the production from the current 6 million tonnes per year to 10 m...Read More
The company announced a placement to new and existing institutional investors to raise up to £16 million. The issue price is 21.5p, a discount to its Thursday closing price of 24p.Read More
The proposals for NEVs, which encompass electric vehicles, came from a number of delegates attending the 13th sessions of the National People's Congress (NPC) and Chinese People's PoliticalRead More
Magnets...They're pretty much the most boring thing on Earth. They're about as exciting as waiting in line at the post office.But magnets are a huge part of modern life. In fact, you likely rely on high-powered magnets every moment of your day.As the world continues to modernize, more and more of these high-powered magnets will be needed to satisfy the demand for new technologies. And that creates...Read More
Papua New Guinea (PNG) has threatened Barrick Gold (TSX: ABX; NYSE: GOLD) with criminal proceedings, claiming the company's joint venture in the country was planning to illegally export US$13 million in silver and gold to Australia.The country's mining regulator said that Barrick Niugini Limited (BNL) asked earlier this week for clearance to ship precious metals to the Perth Mint.The move, the Min...Read More
Gold-backed ETFs added 154 tonnes for net inflows of US$8.5 billion across all regions in May, boosting global holdings to a new all-time high of 3,510 tonnes, according to new data from the World Gold Council.Year-to-date, inflows of 623 tonnes, representing a value of US$33.7 billion, now exceed what was initially the highest level of annual inflows of 591 tonnes in 2009.During May, North Americ...Read More
BloombergNEF, the primary research service for Bloomberg, is forecasting an 18% drop in electric vehicle (EV) sales this year due to disruptions to battery metals supply chains from the COVID-19 pandemic.It has lowered its forecast for EV sales this year to 1.7 million vehicles, a 27% drop from its earlier forecast.The decrease in EV sales will result in a 10% drop in demand for lithium-ion batter...Read More
Back in 2015, my hometown of Baltimore was convulsed by riots in the wake of Freddie Gray's murder. You may remember he was the gentleman who was rattled around in a police transport until his neck snapped. Finally fed up with decades of police brutality and abuse, thousands of my fellow citizens took to the streets in protest, myself included.But then, something strange happened...The Mayor of B...Read More
NEW YORK, June 2, 2020 /PRNewswire via COMTEX/ --NEW YORK, June 2, 2020 /PRNewswire/ -- In times of financial crisis, there's no safer investment than gold....Read full newsRead More
Is There An Appetite For These Gold Stocks? Jun 01, 2020 (GoldStocks.com via COMTEX) --The gold sector has many companies that mine and refine gold and...Read full newsRead More
RambusFrom the March 23rd low in the PM complex we've enjoyed the first easy part of this rally that should have many years to run yet. Every bull market will consist of an impulse move followed by a consolidation period, rinse and repeat until the bull market ends with some type of reversal pattern. Normally in a secular bull market the turning points will generally be very large to buildup the...Read More
By: Ira EpsteinGold still not in a new trend short-term, higher high and lower low. If sell-off continues, the 100 DMA is near $1,655:Read More
Paul & Lawrence from Auramex (TSXv : AUX) present the Georgie River Prospect in the original 1800s gold-rush district of the Golden Triangle in BC, Canada. T...Read full newsRead More
Western Copper and Gold Corporation announces its 2020 exploratioRead full newsRead More
The current situation with Middle Eastern oil producers of low production and low prices is not sustainable according to Warren Pies, chief energy strategist for Ned Davis Research. In a must watch interview for oil patch investors, Pies pictures an oil market that remains under stress despite the recent rally. He also updates his playbook as crude oil demand recovers from its lows. He continues...Read More
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"Corvus Gold Evaluating Production ScenarioMining Journal's Paul Harris is joined by Corvus Gold CEO & President & Director, Jeffrey A. Pontius for a comprehensive market update: https://t.co/VCWEmJcT2C#Miningjournal #corvusgold #KOR #CORVF #Nevada #development #Gold #mining"Read full newsRead More