Pretium Resources' (TSX: PVG; NYSE: PVG) Brucejack underground mine, 65 km north of Stewart, B.C., produced 90,419 oz. gold in the second quarter, close to the previous year's figure of 90,761 oz., in spite of the Covid-19 pandemic.The company, which has not seen any significant interruptions so far from the pandemic, reiterated its production guidance issued in February of 325,000-365,000 oz. gol...Read More
Australian iron ore major Fortescue Metals Group (ASX: FMG) said today it would reevaluate an expansion plan at one of its iron ore mines in the Pilbara region, after an Indigenous group said the project threatened sacred sites, including a 60,000-year-old rock shelter.Fortescue's decision comes after fellow miner Rio Tinto (NYSE: RIO; LSE: RIO), the number one iron ore producer, blew up a 46,000-...Read More
U.S. miner Albemarle (NYSE: ALB), the world's top lithium producer, said this week it would temporarily shut two operations due to weaker demand for the commodity used in batteries that power electric vehicles (EVs).The decision affects portions of the Silver Peak lithium mine in Nevada and Kings Mountain lithium hydroxide production facility in North Carolina starting this September.The company p...Read More
The Federal Reserve has two objectives: 1) promote employment and 2) stabilize prices.Well in the next few weeks, it's going to abandon the second. And gold is going to surge to unforetold heights as a result. This isn't just some wild prediction. It's coming from the Fed itself. You see, all the way back in November 2018, the central bank announced a broad review of the strategy, tools, and m...Read More
The AI-Powered Search Engine Promises to Bolster Analog Gold's Growth in 'Undervalued' Mining MarketFORT LAUDERDALE, Fla. and NASHVILLE, Tenn., Au...Read full newsRead More
Northstar Gold Corp. provides the following exploration update foRead full newsRead More
Steppe Gold Ltd. is pleased to announce that the previously annouRead full newsRead More
Gold79 Mines (TSXV:AUU) has launched its campaign on the Investing News Network's resource channel.Read full newsRead More
Diego Parrilla, portfolio manager and author of "The Anti-Bubbles", likens portfolio construction to putting a soccer team on the field. In the coming decade he sees equities as being the strikers and options as being the goal-keeper. On Real Vision today, he explains his approach which includes using options to get defensive exposure to assets like Treasuries. He believes the 60/40 balanced pa...Read More
VanGold Mining Corp (theRead full newsRead More
SUDBURY - The Ontario government is providing more than $1 million to help two companies in Sudbury develop new treatments, devices and technologies to support the health sciences sector. The funding will be delivered through the Northern Ontario Heritage Fund Corporation (NOHFC) and create eight new jobs."Supporting the health sciences sector across Northern Ontario is an important part of our go...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that it has closed the non-brokered private placement financing of units of the Company (the "Units") at a price of $1.00 per Unit (the "Offering") for gross proceeds of $8,000,000. Participation in the Offering included a lead order of $5,000,000 from Mr. Eric Sprott.Each Unit...Read More
Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes and create 250,000 jobs, President Muhammadu Buhari said on Thursday.Read full newsRead More
The gold price broke past US$2,000 on Tuesday, an important psychological and monetary threshold for the metal.Read full newsRead More
Creating wealth or attaining financial security in your retirement days doesn’t require self-deprivation. Even a modest $200 weekly savings can go a long way. Does that sound unreal? It’s not.A weekly savings of $200 will help you accumulate $208,000 in 20 years. However, if you regularly invest these savings in TSX stocks offering an annual return of 10%, you’ll have $664,000 an...Read More
Gold has seen one of the best moves so far this year in decades. It is up more than 30% in 2020, and interestingly, the rally seems far from over. Market pundits see this movement lasting at least through 2020 due to the broader economic picture. But how can investors play this potential rally with an attractive risk/reward balance?Many TSX gold stocks have rallied more than 60% this year on the b...Read More
Donlin gold project. (Image courtesy of Novagold.)Barrick Gold (TSX: ABX) (NYSE: GOLD) and Novagold Resources (TSX: NG) (NYSE: NG) announced Thursday an update and drill results on their 50/50 co-owned Donlin gold project in Alaska.The 2020 drill program is currently advancing with four drills turning at the site, and all are operating within the framework of stringent safety measures, which incl...Read More
Teranga's Wahgnion open-pit gold mine in Burkina Faso. Image from Teranga Gold. Teranga Gold (TSX: TGZ) has provided an updated life of mine (LOM) plan and issued new 2020 guidance for its Wahgnion gold operation in Burkina Faso as a result of the mine achieving higher than planned production.Since commercial production began in November 2019, Wahgnion's processing plant has performed approximate...Read More
Photo by Bullion Vault, Flickr. Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging coronavirus cases continue to pummel the global economy.Spot gold rose 1.0% to $2,060.01 per ounce as of 1:00 p.m. EDT after reaching an all-time high of $2,069.21 earlier in the day. US gold futures also rose 1.1% to $2,073.40 per ounce.Gold has rallied m...Read More