The Peruvian Ministry of Energy and Mines' latest statistical report reveals that, in the 10th month of the year, the country's gold output fell by 6.3% when compared to October of 2017. This, despite the fact that Minera Yanacocha, which is the main producer of the yellow metal, grew its output by 8.1%.Copper production, on the other hand, fell by 3.8% in October when compared to the previous yea...Read More
The Peruvian Ministry of Energy and Mines' latest statistical report reveals that, in the 10th month of the year, the country's gold output fell by 6.3% when compared to October of 2017. This, despite the fact that Minera Yanacocha, which is the main producer of the yellow metal, grew its output by 8.1%.Copper production, on the other hand, fell by 3.8% in October when compared to the previous yea...Read More
Despite its best efforts, the "most likely scenario" is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM; NYSE: HBM) says.While the company has extended the life of its 777 mine from 2019 to 2021, the memo notes, its efforts to find new sources of ore from 777 "did not turn out as we hoped."That means that the Flin Flon mill...Read More
Greetings and salutations from Mandaluyong! In case you were wondering, although I’m still in Metro Manila, I recently moved away from Bonifacio Global City (BGC) over to Mandaluyong (only a stone’s throw away, but still takes an eternity to get to during rush hour traffic) in an attempt to try something new…Well, I’ve got my reasons for being here…Anyway, I realize t...Read More
Joint venture partners Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) and SSR Mining (TSX: SSRM; NASDAQ: SSRM) have begun commercial production at their Chinchillas silver-lead-zinc mine in Argentina's Jujuy province.SSR Mining and Golden Arrow formed the 75-25 joint venture, called Puna Operations, in March 2017 following a pre-feasibility study for Chinchillas. The study outlined a US$178 mil...Read More
Publisher's Note: We're fortunate enough to have access to the legendary Mr. James Dines and his renowned research. Mr. Dines is "The Original Pot Bug." His early stance against use but in favor of investments led to massive gains for the readers of The Dines Letter.This excerpt from his newsletter is practically required reading for investors who have been on the fence regarding pot stocks....Read More
"Is there still gold in them there valleys? Company is planning to relaunch mining in Wales with experts examining 20 mile stretch of 300 closed sites https://t.co/JvToUpszuY"Read full newsRead More
"Gold inched up on Thursday (November 29) following Federal Reserve Chair Jerome Powell's remarks which implied that the central bank would go slow on interest rate hikes in 2019. https://t.co/POqVOcNBYI #investing #preciousmetals #gold"Read full newsRead More
Editors note: I am not sure what to make of being called "Ireland's Mr Gold" but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather it has been about the benefit that gold provides to our clients, their families, their companies and the wider society.This benefit is not just in terms of hedging, financial...Read More
CloseGain/LossOn WeekGold $1221.70-$2.20-0.09%Silver$14.17-$0.13-0.49%XAU64.46-0.52%-1.24%HUI145.04-0.93%-1.88%GDM531.74-0.56%-1.54%JSE Gold1098.81-25.26-3.68%USD97.19+0.41+0.29%Euro113.20-0.69-0.08%Yen88.21-0.09-0.62%Oil$50.93-$0.52+1.01%10-Year3.002%-0.027-1.22%Bond140.71875+0.59375+0.49%Dow25538.46+0.79%+5.16%Nasdaq7330.54+0.79%+5.64%S&P2760.16+0.82%+4.85% The Metals: Gold fell $7.20 to...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort156,779154,90865,544172,358188,458394,681408,910Change from Prior Reporting Period -8,727-1,702-49,840-28,901-35,941-87,468-87,483Traders139101865152239199 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,12033,891442,801 4,3294,344-83,139 non reportable positionsC...Read More
"Deutsche Bankers are worried about their bonuses https://t.co/82qIBHjWlk"Read full newsRead More
anRead full newsRead More
"Surge Acquires Copper-Gold Mineral Mountain Property in the Omineca Mining Division in North Central British Columbia https://t.co/22wj9GKBiK"Read full newsRead More
"Is there still gold in them there valleys? Company is planning to relaunch mining in Wales with experts examining 20 mile stretch of 300 closed sites https://t.co/3HdZVKuroB"Read full newsRead More
TheRead full newsRead More
"Stay tuned to @ArcticStarExpl - This could be Finlands premier diamond play -right in the same crater as the grib! https://t.co/zjgIWY6yBz#ArcticStar $ADD $ADD.CA $ADD.V #Finland #Diamond #Mining #smallcap #momentumstocksUnderstanding diamond clarity: https://t.co/NV5KdhHdvj"Read full newsRead More
Researchers with the University of Western Australia ran some calculations and determined that, although violent, the Big Bang slowly created base and precious metals. According to professors Snezhana Abarzhi and Annie Naveh from UWA's School of Mathematical Sciences, although the supernova explosion was violent it wasn't as turbulent and quick as previously thought."It is traditionally considered...Read More
Mr. Joseph de la Plante of Osisko reportsOSISKO GOLD ROYALTIES LTD.: EARLY WARNING NEWS RELEASEOsisko Gold Royalties Ltd. has completed the previously announced conversion of a secured debenture having a principal amount of $7-million purchased from Falco Resources Ltd. into 12,104,444 units of Falco, with each unit comprising one common share of Falco and one-half common share purchase warrant of...Read More
Satellite image taken 1991 (left) and 2018 (January) show SQM and Albemarle solar evaporation ponds in Atacama, Chile. Source: Landsat 8 via United States Geological SurveyDiminishing fears of a flood of new supply from South America halts lithium price slide, but industry is shifting rapidly to hard rock miningOne of the most read articles on MINING.com in 2018 is headlined: This is the only char...Read More