Tanami was Australia's fifth-largest gold producer in 2017, delivering 419,000 ounces of gold, just as Newmont completed the US$125 million Tanami Expansion 1 to add 80,000oz per year between 20...Read More
Microcap drillers Cabo Drilling and Energold - both Toronto Venture exchange listed - were among the handful of METS companies to finish with a higher share price than a year earlier.Cabo appears to be turning into an industrial minerals miner in Mongolia under a proposed reverse takeover arrangement with Mongolian businessman Khurlee Ankhbayar's Phoenix Capital Enterprises, though stalwart Cabo c...Read More
The 670 metre adit at the Pinargozu zinc mine in Turkey, Source: Pasinex Resources Ltd.Pasinex Resources Ltd. [PSE-CSE; PNX-FSE] said Friday December 7 that it has retracted a technical report for its Pinargozu zinc mine in Turkey following a review by the British Columbia Securities Commission (BCSC).The company said it has been advised by the BCSC that the December 20, 2017 technical report does...Read More
Diamond Drill Hole 18-SD - 421-545 metres showing chalcopyrite (copper) mineralization from the Stardust Project. Source: Sun Metals Corp.Sun Metals Corp. [SUNM-TSXV] said Friday DEcemver 7 that it is raising $5.16 million by way of a private placement to fund exploration at the Stardust polymetallic project in British Columbia.The company said it has struck a deal with PearTree Securities Inc., w...Read More
Markets around the world extended their losses this morning as trade tensions between the United States and China flare up.Just two weeks ago, the Federal Reserve warned that trade disputes and geopolitical uncertainty could result in a "particularly large" drop in the stock market.In the Fed's first-ever Financial Stability Report, the agency said:An escalation in trade tensions, geopolitical unc...Read More
Leagold Mining (TSX: LMC, OTCQX: LMCNF) is a mid-tier gold producer, with a focus on Latin America. Leagold owns four gold mines and two development projects in Mexico and Brazil. We learned from Meghan Brown, Vice President of Investor Relations at Leagold Mining, that their four mines, in total, produced 93,000 ounces of gold in the third quarter for revenue of $111 million and net income of $15...Read More
Gran Colombia Gold Corp. (TSX: GCM) is currently the largest underground gold and silver producer in Colombia, with several underground mines in operation at its Segovia and Marmato properties. The company's 2018 gold production is expected to surpass 210,000 ounces. We learned from Mike Davies, the CFO of Gran Colombia, that the high grade Segovia operations were recognized as one of the top five...Read More
Hugh Miller, associate professor of mining engineering at Colorado School of Mines, has been awarded the 2018 Medal of Merit by the Mining Foundation of the Southwest.Miller was honored during the 36th American Mining Hall of Fame Awards Banquet on Dec. 1 in Tucson, Arizona.A Mines alumnus, Miller earned his PhD, MS and bachelor's degree from the university. He joined the Mines faculty in 2005 aft...Read More
Nordic Gold (TSXV: NOR; US-OTC: FIEIF) recently poured first gold at its restarted Laiva gold mine in central Finland. Roughly 25 people attended the event where the company poured 1,234 ounces of dor?(C)."We were very happy with the results that we got," Nordic Gold president and CEO Michael Hepworth says in a telephone interview with The Northern Miner. "The previous operator, when they were in...Read More
Check this out…Nasdaq is getting killed, lately…And this…Ok, let’s not get ahead of ourselves now…But things are certainly getting interesting, wouldn’t you agree?General equities falling.Inverted yield curve.Rate hikes… for how much longer?Everyone and their mother hating gold…Etc.In any event, if/when the next gold bull run (or rally) ever does ens...Read More
In Daytona Beach, Florida, a 23-year-old burglar was spotted pacing around someone's pool. When two police officers arrived on the scene, he bolted. And he almost got away.Almost.The suspect darted towards a neighboring house and climbed on top of a shed. From there, he made it onto the roof of the house. And then in a Bond-villain-style escape, he leapt from roof to roof and tree to tree, eluding...Read More
Montan Mining Corp. (TSXV:MNY, FSE:S5GM, SSE:MNYCL) (Read full newsRead More
Maritime Resources (TSXV: MAE) announced it has just started a drill program on the Whisker gold project in Newfoundland and Labrador, Atlantic Canada.In detail, the project is located some 10 kilometres from the Hammerdown gold deposit, which sits within Maritime's 100%-owned Green Bay property and is expected to produce 180,000 ounces of gold over a 5-year life.According to the Vancouver-based c...Read More
"The exploration of gold in Beatty, Nevada is set to become a main focus of Nevada's gold industry. https://t.co/N41hBWG8zW #exploration #gold #investing"Read full newsRead More
"FPX Chairman Peter Bradshaw has received the @AME_BC 2018 Gold Pan Award for exceptional meritorious service to mineral exploration.Read full newsRead More
CloseGain/LossGold $1238.30+$0.10Silver$14.48-$0.04XAU66.35+0.28%HUI150.05+0.46%GDM547.61+0.20%JSE Gold1201.22+52.17USD96.74-0.26Euro113.86+0.46Yen88.79+0.05Oil$51.49-$1.4010-Year2.887%-0.025T-Bond143.5625-0.21875Dow24947.67-0.32%Nasdaq7188.26+0.42%S&P2695.95-0.15% The Metals: Gold chopped near unchanged in low volume trade yesterday before it fell back to $1234.90 in Asia today and then c...Read More
- What are "Fake Markets" and will they lead to another global financial crisis? - What do fake markets mean for stock and bond market performance in the future? - Is this the right time to re-balance portfolios and hold more cash and gold?In episode 9 of the Goldnomics Podcast, Stephen Flood GoldCore CEO talks to Francesco Filia CEO of Fasanara Capital and regular contributor to CNBC about his...Read More
Lots and lots of US economic data releases are there today and till 14th December. Most traders believe that the trend of metals and the US dollar Index will be set after the release of US nonfarm payrolls tomorrow. I do not think so. Next week also there can be trend changing US economic data releases like retail sales and GDP numbers. Physical demand of silver is there in India and Asia. But q...Read More
ELKO - Venture underground to see a gold mine through the eyes of Nevada leaders, browse winning photos in the Mining Landscapes photo contest and peruse industry news in theRead full newsRead More
The Loma Larga gold mining project in Ecuador is anticipated to yield 2.6 million gold equivalent ounces over a 12-year period of extraction beginning in 2021.Read full newsRead More