Gold Fields hopes to reach full production at its only gold mine in South Africa by the end of May, its chief executive said on Thursday, as it forecast limited impact to its global output from the coronavirus pandemic.Read full newsRead More
"Roughly 10 million ounces of #gold production have been impacted by #COVID19 slowdowns and shutdowns, said Ken Hoffman of @McKinsey at the #WorldGoldForum. https://t.co/Oy5b9XT6O0 #investing #coronavirus"Read full newsRead More
"Rokmaster Resources Corp. (TSX-V: RKR) is a Canadian mineral exploration company focused on developing its new massive sulphide #gold & #polymetallic Revel Ridge and #zinc-#lead-#silver Duncan Lake Projects, both located in BC. https://t.co/4yyO2xXc0t @Rokmaster_RKR"Read full newsRead More
"Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade #Cobalt, #Silver and #Nickel ???(C)??',#CanadaCobaltWorks $CCW #Gowganda #MomentumStockshttps://t.co/rg11fqsfR3"Read full newsRead More
Energy has been a hot sector since the March 23rd lows. Within the sector, the uranium group has led the way, and today INK Research takes a look at a company that invests strictly in physical uranium. In this report, INK references an enlightening Real Vision interview with Arthur Hyde from Segra Capital Management on April 15th who clearly explains the state of the uranium industry and why COVI...Read More
Australia's largest gold refinery has ramped up production of one kilogram bars to ease the supply squeeze in the U.S. that helped propel a surge in the premium for New York futures.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") reports that the Company will release its results on or before May 29th, 2020 and will host an investor conference call and CEO Q&A at such time to discuss the results.The Company remains an essential services business with sales and large scale trials for first responders, military and defense cont...Read More
Illegal gold mining led to deforestation of thousands of hectares of forests inside indigenous reserves in the Brazilian Amazon, according to new satellite image analysis by the Monitoring of the Andean Amazon Project (MAAP). Mongabay had exclusive access to the report prior to its release.Read full newsRead More
Gold prices dropped nearly 2% to a near two-week low on Tuesday as investors scuttled for cash to cover losses in other asset classes driven by a crash in oil markets as the coronavirus outbreak wrecks economies. Spot gold slipped 1.3% to $1,671.68 per ounce, having earlier hit a low since April 9 at $1,659.68. U.S. gold futures settled 1.4% lower at $1,687.80. Gold price witnessed a low of $1,57...Read More
Gold stocks have been among the strongest performers on the TSX during the market crash. The yellow metal has long been a bastion of safety. But some names have exploded during the health crisis.A growing trend in gold dividends has enjoyed some extra exposure amid the extreme frothiness of the markets. The following four names are among the top Canadian gold stocks to buy for this type of passive...Read More
Gold stocks are safe havens. When economies and stock markets are spiraling downward, gold and gold stocks tend to shine. As the ultimate store of value, the price of gold is expected to rally big in this economic downturn. In fact, the price of gold has already rallied 15% in 2020 and 36% since the beginning of 2019.The SPDR Gold Trust ETF (NYSE:ETF) also shows rapidly increasing investor interes...Read More
Image courtesy of Pixabay The Society for Mining, Metallurgy & Exploration (SME) announced Friday it will present the International Conference on Ground Control in Mining (ICGCM), to be held July 28-30, 2020 in Canonsburg, Pennsylvania.The three-day symposium will be attended by practitioners from across the globe.Dr. Syd S. Peng created the ICGCM in 1981 to provide a forum to promote communicati...Read More
Bloom Lake Mine. Image by Champion Iron. Champion Iron (TSX: CIA) has announced it will gradually ramp up operations at the Bloom Lake mine in Quebec after the provincial government declared mining to be a "priority service."On March 24, Champion announced the ramp down of operations following restrictions imposed by Quebec, now lifted. "The company continues to work with the surrounding First N...Read More
Rio remains the industry leader in technology. Image from Rio Tinto. Mining companies' will be able to weather the year despite the covid-19 pandemic, owing to having vastly streamlined their operations, cut debt and expenditures, and increased production efficiencies, Fitch Solutions forecasts in its most recent report. Fitch anticipates most metal prices faring worse than in 2019 and the glo...Read More
PHIL Rear Eject Body Credit: Philippi-Hagenbuch Philippi-Hagenbuch, a global leader in off-highway truck customization, has announced production of its patented Rear Eject Body will begin in Brazil in the second quarter of this year. The company's line of Rear Eject Bodies offers an ideal solution for challenging hauling applications in construction, mine reclamation, and underground hauling sett...Read More
Tesla CEO Elon Musk at groundbreaking ceremony at the Tesla Shanghai Gigafactory in January 2019. Credit: Tesla. China on Thursday announced changes to purchase incentives for electric and hybrid cars, locally referred to as new energy vehicles (NEV), which earlier this month was extended for two years until the end of 2022. Under the modified policy, subsidies are reduced year-on-year through t...Read More
4/24/20Gold MinersOn a technical note, GDX, GDXJ, and SIL (silver miners), put in a bearish "doji" yesterday on the daily charts. The "wick" that you can clearly see, most times indicates we've hit a temporary top in the larger gold and silver miners. I don't expect much of a pullback, but if you're looking to buy into producers that you missed much cheaper, you may get a slight discount from here...Read More
No uptick required for short selling! It's total insanity..... Shorting with no uptick required...creating chaos and damaging marketsThis first paragraph is a letter we received from a professional investor and money manager for many decades. As follows:The question is and always has been are the stock markets primarily for the investing public or for the banks' and brokerage houses' pr...Read More
New World's first drilling at the project was headlined by 5.5m grading 2.5% copper and 11.8% zinc, and 3.9m at 4.2% copper and 11.Read More
March quarter production was 91,911 tonnes of copper, down 24% quarter-on-quarter, and 52,957t of zinc.Copper production was impacted by a 28% drop in output at Las Bambas in Peru to 73,319t due to operational challenges and community blockades which temporarily restricted inbound and outbound logistics.The site faced additional disruptions to mining and production activities due to maintenance re...Read More