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
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) a leading creator and publisher of counter culture mobile games, launched "Cheech & Chong Bud Farm" on April 20, 2020 (4/20) and it has hit #1 in the USA for installs of free and free simulation games in the "Green" or cannabis themed game category.Cheech and Chong Bud Farm is also the Top 3 Grossing "strategy game" in "Green" or cannabis genre categ...Read More
24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More
Comet Resources Ltd (ASX:CRL) is pleased to announce that it has executed a binding heads of agreement (HOA) with privately owned El Alamo Resources Limited (EARL) for the proposed 100% acquisition (Acquisition) of the Santa Teresa Gold Project (Project), and concurrently executed a non-binding term sheet with Raptor Capital International Limited (Raptor) for a gold streaming and royalty financing...Read More
The space industry is yet to become a major mainstream investment theme. However, there are numerous reasons why this is potentially the biggest growth sector imaginable. Space investing belongs in the realm of thematics, which are investment areas covering high concept movements.Other thematics include AI, the Internet of Things, and electric vehicles. As momentum in these other areas has shown,...Read More
Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. Credit: Young Mining Professionals. The Young Mining Professionals (YMP) has announced the 2020 launch of its...Read More
Northern British Columbia landscape. (Image by werner22brigitte, Needpix). The Association for Mineral Exploration (AME) announced Thursday that the Government of British Columbia is moving forward on one of AME's key recommendations related to the covid-19 outbreak - the extension of mineral exploration Notice of Work (NoW) permits to December 31, 2021. Any permits with an active authorization...Read More
(Image: Generation Grundeinkommen) The gold price jumped by almost $30 an ounce on Thursday clearing the $1,700 an ounce level as retail and institutional investors continue to pile into the metal seen as a safe haven in times of turmoil. Gold for delivery in August was trading at $1,723 an ounce in New York, logging gains in excess of $200 an ounce so far in 2020. Continuing the recent growth st...Read More