Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Developer Sabina Gold & Silver (TSX: SBB) has announced a $35-million bought deal financing led by BMO Capital Markets. The underwriters have agreed to purchase 18 million common shares of the company at a price of $1.95 per share; the underwriters also have the option to purchase up to an additional 15% of the shares issued for 30 days following closing.The deal is expected to close around March...Read More
Recent drilling has defined a strike length of over 2.5 km at the East Bull palladium deposit, 90 km west of Sudbury, Ont. The property, on which Canadian Palladium Resources (CSE:BULL) holds a 100% option, hosts near-continuous disseminated sulphide mineralization with palladium, platinum, rhodium, gold and base metals.The company recently released assays from five recent drill holes between the...Read More
Sphinx Resources (TSVZ:SFX) is buying 100% interest in the former New Calumet zinc-lead-silver mine in the Pontiac district of Quebec, about 10 km northwest of Bryson. The property, consisting of 14 claims, is being purchased from a pair of prospectors for 7.5 million common shares of Sphinx and a 1% net smelter return, subject to a buyback option.The purchase consolidates Sphinx's claims in the d...Read More
The first keynote address of this year's Prospectors and Developers Association (PDAC) of Canada convention was particularly germane given that PDAC is the world's largest mining conference, most publicly listed mineral companies are Canadian, and the majority of these have gold mining operations.The talk, entitled The fate of gold deposits, was delivered by Douglas Silver, CEO of Flydentity LLC....Read More
Coal exports from Australia's Queensland state remained in a downtrend in February, falling by 7% on the year and dropping by 5% month on month, according to data from the North Queensland Bulk Ports Corp and Gladstone Ports Corp.Queensland, Australia's metallurgical coal hub, exported 15.47 million tonnes of coal - including small volumes of thermal coal - last month, compared with 16.65 million...Read More
Trade, regulatory framework to elicit higher standardsRead full newsRead More
Goliath stronger in TorontoRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, is pleased to report on a numbeRead full newsRead More
Crew and Equipment Mobilized for 500m Short-Hole Drill ProgramVicRead full newsRead More
Pacific Empire Minerals Corp. is pleased to announce the appointmRead full newsRead More
Tarku Resources Ltd is pleased to announce that at its Annual GenRead full newsRead More
Arizona Gold Corp. is pleased to provide initial underground drilRead full newsRead More
Metals Creek Resources Corp. is pleased to announce, further to iRead full newsRead More
Mar 11, 2021 Revival Gold (TSXV:RVG) is an exploration and development company, which is advancing the Beartrack-Arnett gold project in Idaho.CEO Hugh Agro spoke to Kitco in early March. Agro has several years of executive experience with stints at Kinross and Placer Dome.Beartrack-Arnett is the largest past producing gold mine in the state, hosting a multi-million-ounce resource of gold with lots...Read More
The list of problems exposed by the cold snap in Texas last month is long and depressing.From a billing system being blamed for doing exactly what it was designed to do with variable pricing... to normally grandstanding politicians squabbling over who should take the blame... to energy generation and transmission systems that were revealed to be flawed about a decade ago and never improved.Never o...Read More
More than 25% of all U.S. dollars in circulation right now were printed in the past 12 months.Think about that for a moment...For every three dollars that existed this time last year, four are now in circulation.And that's not even considering the broadest definition of money. As measured by M1, the Federal Reserve has increased the supply of greenbacks by 350% in the past year!U.S. Dollar Supply...Read More
Here are five Fastmarkets stories you might have missed on Thursday March 11 that are worth another look.Europe's proposed Carbon Border Adjustment Mechanism (CBAM) has been approved by a firm majority in the European Parliament and is expected to help to preserve the region's steel supply chain, industry...Read More
Small and medium-size recycling companies would lose their ability to hedge if the London Metal Exchange changes its margin methodology, an executive at metal recycling company European Metal Recycling (EMR) said. According to Murat Bayram, EMR managing director for non-ferrous Europe, the proposed change from a Discounted Contingent Variation Margin (DCVM), which realizes forward profits on the s...Read More
Key proposals in the London Metal Exchange's discussion paper will likely weaken the link between metals pricing and the physical market and lead to price distortions, the president of Hong Kong-based trader Global Metals Network Ltd said. These proposals include the permanent closure of the LME ring, the incentivization of electronic trading and a switch in margin methodology, Mark Sellier&n...Read More
Metal markets are still yet to see the major flows of institutional capital into commodities that characterized past "super-cycles", fund managers told attendees of the virtual Fastmarkets Copper Seminar on Thursday March 11.Commodities from oil to grains and metals have seen prices rise sharply since the start of the year, with bank analysts and executives like Goldman Sachs' Lloyd Blankfein call...Read More