Yellowknife Women's Society's covid-19 isolation shelter. Image from Rio Tinto. Rio Tinto is partnering with the Yellowknife Women's Society in Canada's Northwest Territories to support their covid-19 isolation shelter with a C$150,000 contribution, the company announced this week. As part of Rio Tinto's worldwide community investment in covid-19 relief initiatives, this funding will provide accom...Read More
Olympias tailings area in rehabilitation. (Image courtesy of Eldorado Gold) Eldorado Gold (TSX:ELD)(NYSE:EGO) announced on Friday a Q2 2020 preliminary production of 137,782 ounces of gold, a 50% increase over Q2 2019. Gold production at Kisladag mine in western Turkey increased by 130% over Q2 2019, and 19% over Q1 2020. Increased production was due to higher grade and tonnes of stacked ore an...Read More
Drill core. Image by QMX Gold. Infill drilling at QMX Gold's Bonnefond deposit in Quebec has intersected near-surface, high-grade gold. The company has released six drillhole assays from the eastern half of this deposit, which targeted shear zones around a deeper intrusive unit.The drill highlights include 4 metres of 6.02 g/t gold starting at 131 metres and 4.5 metres of 21.29 g/t gold startin...Read More
Midwest Resource Finance Group, whose sole director and shareholder is AustSino executive chairman Chun Ming Ding, has agreed to subscribe for 7.7 billion shares in AustSino at 1.3c each.Read More
Sales of rough and polished diamonds amounted to US$31.3 million in June, down 22% on the May figure. The company's monthly sales totalled just over US$400 million in January."June sales were expectedly low, as we continue making every effort to maintain stability of the diamond industry and support our customers," said Alrosa's deputy CEO Evgeny Agureev.Alrosa has been offering flexible sales ter...Read More
Revolution's flagship Schedule Optimisation Tool is said to be the industry's only financial optimisation tool for underground mines that lets mine planners improve productivity and profitability by optimising the net present value of the mine schedule.SOT came out of research by the Mining Innovation, Rehabilitation and Applied Research Corporation, a not-for-profit company of Laurentian Universi...Read More
Anaconda Mining Inc. (TSX:ANX, OTCQX:ANXGF) a production, development, and exploration Company, with mining and milling operations, in the prolific Baie Verte Mining District of Newfoundland, which includes the fully-permitted Pine Cove Mill, tailings facility and deep-water port, as well as ~11,000 hectares of highly prospective mineral lands, including those adjacent to the past producing, high-...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) has served a dispute notice to the Papua New Guinea (PNG) government over the country's refusal to renew a licence for the Porgera mine.The world's second-largest gold producer says that PNG's decision to reject the application for the lease extension violated a bilateral investment treaty between the country and Australia, as well as international law governing...Read More
TMX Group - TSX30 and Ivanhoe MinesRead More
I spent the 4th of July surrounded by ghosts...No, I'm not talking about the Founding fathers or the American revolutionaries who lost their lives in the fight for Independence.I'm talking about the "Ghost Fleet of Mallow Bay".I woke up early Saturday morning to trek down to the Potomac River in Southern Maryland. My friends and I own a bucolic compound nearby, where we planned to spend the holida...Read More
Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More
RambusTonight I would like to finish up with the long term secular bull market we discussed in the Weekend Report for the US stock markets. Long term secular bull markets just don't begin and end for no good reason. There has to be a catalyst that drives the markets higher over a long period of time.When the previous secular bull market began at the 1974 bear market low no one could have imagine...Read More
Dave Kranzler, Mining Stock JournalThe monetary "gods" at the Federal Reserve have created the perfect monetary policy recipe to fuel gold, silver and mining stocks to new all-time highs and beyond. While the bubbleheads in the financial media have been garishly cheerleading the general stock market as it heads to an extreme overvaluation that will not end well, the mining stocks have outperform...Read More
Ira EpsteinGold in a vertical price rise, resistance at the upper Bollinger band:Read More
MacDonald Mines Exploration Ltd. announces a non-brokered privateRead full newsRead More
GOLDEN RIDGE RESOURCES LTD. is announces it has increased its preRead full newsRead More
Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.Read full newsRead More
QMX Gold Corporation is pleased to release further assay resultsRead full newsRead More
Steppe Gold Ltd. (TSX:STGO) (Read full newsRead More