The gold producer completed a A$1 billion placement to institutional investors in late April, and launched a $100 million SPP.Read More
The update has the potential to extend Santa Rita's life to more than 26 years and includes an indicated resource of 54.6 million tonnes grading 0.61% nickel sulphide, 0.2% copper and 0.Read More
The country's mining sector has recorded 411 confirmed cases and one death due to the global pandemic, according to the Minerals Council South Africa, from more than 218,000 employees screened and 6,528 tested.Sibanye-Stillwater (JSE: SSW) confirmed last week 51 employees had tested positive for COVID-19 at its Thembelani mine at its Rustenburg platinum group metals operation, taking its total to...Read More
Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) is a Canadian mining company focused on developing the advanced iron oxide copper-gold (IOCG class) NICO Project, which is comprised of a proposed mine and concentrator, up in the Northwest Territories, and a refinery in Southern Canada to produce cobalt, gold, bismuth and copper. We learned from Robin Goad, President and CEO of Fortune Minerals, t...Read More
Flagship Project: Cerro Bayo | Country: Chile | Commodity: Gold and Silver Company Overview:Equus Mining is progressing a dual-track project strategy of becoming a near-term gold-silver producer, targeting a JORC compliant resource at the Taitao Pits by Q3 2020, while simultaneously exploring for greenfields discoveries from targets throughout the Cerro Bayo claim area. During PDAC 2020, we talked...Read More
Osisko Mining (TSX: OSK) has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to purchase, on a bought-deal private placement basis, 41.1 million units of the company at $3.65 each for gross proceeds of $150 million.Each unit consists of one share and half of a warrant. The underwriters will also have the option to purchase...Read More
This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Trent discusses how there will be an 'avalanche' of demand for cobalt from the electric vehicle market, and what it's like to work with Glencore at First Cobalt's cobalt refinery in northern Ontario. He also discussed...Read More
Genesis Metals (TSXV: GIS) has released assay results for four holes completed at its 290-sq.-km Chevrier gold project near Chibougamau, Quebec.The drill highlights include 20 metres of 1.36 grams gold per tonne starting at 75 metres, 7 metres of 1.79 grams gold starting at 223 metres, as well as 3 metres of 3.99 grams gold. The first two intercepts included higher-grade intervals: 1 metre of 10.2...Read More
When my colleagues and I at the Far Eastern Economic Review and other news organizations covered Hong Kong's return to Chinese rule on July 1, 1997, many of us were cautiously optimistic that China would keep its promise under the Basic Law that the former British colony would retain its autonomy under a system of 'One Country, Two Systems'.That confidence began to erode last year when millions of...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has apologized for accidentally blowing up a 46,000-year-old sacred indigenous site with dynamite while carrying out work to expand its iron ore operation in Australia's Pilbara region.The world's second-largest miner destroyed two ancient caves last week in Juukan Gorge, 1,075 km north of Perth. The rock shelters contained artifacts considered evidence of habitatio...Read More
Centerra Gold (TSX: CG) has declared commercial production at its ?-ks? 1/4 t mine in Turkey, four months after it poured first gold at the operation.The Toronto-based company now has three producing mines, including Kumtor in the Kyrgyz Republic and Mount Milligan in British Columbia."Commercial production at ?-ks? 1/4 t marks a major milestone for the company. ?-ks? 1/4 t was delivered on time a...Read More
I've been trading stocks and writing about the market for over 25 years. And I have never seen an extreme disconnect between market values and reality.There are 36 million unemployed. GDP will fall 30% and earnings will drop by 20%. There is a renewed trade war with China and a simmering Cold War. The Fed has digitally printed $7 trillion. The difference between work from home people and those...Read More
The modern American caste system is rarely this exposed.While the markets hover 10% away from all-time highs, everything else is in a downward spiral.One in four American workers are collecting, or still simply trying to file for, unemployment.One in three renters didn't make a full payment last month. It will be worse this month. Plus eviction and mortgage protections soon expire and courts are o...Read More
Raoul Pal on global market insolvency and Bitcoin at one million dollars. When Raoul talks, investors listen and today is no ...Read More
Steve Kerr saw the positives in the Warriors' organization long before he was hired as the team's head coach.Read full newsRead More
StrengthsThe best performing precious metal for the week was silver, up 3.78 percent on stronger industrial demand. After a slow start to the week, gold and silver were moderately higher in midday U.S. trading Thursday as haven demand returned due to China's security law imposition on Hong Kong. The move by China ratcheted up tensions with the U.S. Gold rose Friday morning as investors awaited P...Read More
By: Ira EpsteinGold monthly is favorable, momentum and bias is up. For the week, gold had a higher weekly close. It was a strange week..Read More
It's the state's secondnd large utility to?EUR...consider pursuing sources.Read full newsRead More
Getchell Gold Corp. is pleased to announce it has closed the non-Read full newsRead More