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
(IDEX Online) - Botswana is aiming to further expand its diamond production as Russia faces global sanctions, says the country's president Mokgweetsi Masisi.He hopes Botswana, currently the world's second-largest producer by volume, will "play a more prominent role in the industry," according to a report by Bloomberg News on an interview her gave in Nairobi, the Kenyan capital.Botswana p...Read More
Companies working in the mining sector in Chile see little chance that the proposal will prosper and make it to the final draft constitution given that it has already been rejected once for inclusion by the plenary session of the Constitutional Convention. A second rejection by the plenary session will see the proposal be dropped for good."The environment committee is one of several committee's ma...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherAnalysts were right, until they weren't; and even President Putin couldn't be blamed because investor priorities had started to change well before the invasion of U...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 77 points in pre-opening trade. Booking gained $66.47 to $1,966.00 after Oppenheimer upgraded the stock from Perform to Outperform.Campbell Soup slipped $0.10 to $42.20 after reporting less than consensus fiscal second quarter revenues. General Electric advanced $1.49 to $89.64 after the company announced a share buyba...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherThe southern Africa-focused miner had initially expected the Congolese Kamoa-Kakula mine - which began commercial production in July last year - to sell 95,000t of...Read More
The adjusted net income per share was US$0.65 on a diluted basis, up 62% from US$0.40 per share in the same quarter a year earlier. "The company [is] in a strong position to execute on initiatives targeting approximately 100,000 tonnes of annual copper production and 60,000 ounces of annual gold production by 2025," said chief executive David Strang. ASCI gold costs increased 50% t...Read More
There's no doubt that the financial sanctions put on Russia by the U.S., the U.K., EU members and others are the most severe ever imposed. The U.S. Treasury has announced 15 separate sanctions programs in recent days and no doubt more are on the way.The targets of these sanctions include Russian banks, Russian stocks and bonds and various payment channels. Most significantly, the U.S. froze the ac...Read More
The company recently obtained a US$10 million credit facility and a non-binding financing proposal from the lender to finance La Plata construction against future off-take as it works to complete aRead More
Jetti's technology integrates with existing leach technology to recover copper in ore which was previously not considered for traditional processing including waste piles, low grade stockpiles andRead More
With the aim to supply raw materials for about half a million electric vehicles annually by 2025, Frontier Lithium (TSXV: FL; US-OTC: LITOF) has stepped up its pace by quadrupling indicated resources at its Spark deposit in northwestern Ontario. Spark now hosts 14.4 million tonnes grading 1.40%, up from the previously estimated 3.3 million tonnes grading 1.59%, after the...Read More
De Beers, the world's top diamond producer by value, saw sales jump by 18% in the second cycle of 2022 compared to the same period last year, attesting to the industry consolidated recovery from the first pandemic-induced shutdowns.The Anglo American unit sold $650 million of diamonds between Feb. 21 to Feb. 25, down $10 million from the first cycle of the year, but higher than $550 million it so...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF), citing significant investor demand, has amended the terms of its earlier agreement with a syndicate of underwriters led by Red Cloud Securities to increase the size of its public offering from $25 million to $45 million.Under the revised offering, the underwriters will purchase for resale the following equity securities of the company on a bought d...Read More
Skeena Resources (TSX: SKE) has received the final drill results from its 2021 regional and near-mine exploration programs at the Eskay Creek gold-silver project. This drilling was designed to follow up on the company's resource category conversion drilling performed in early 2021.The new results were highlighted by exploratory drill hole SK-21-997, which returned high-grade gold mineralization av...Read More
Toronto's Kinross Gold (TSX:K; NYSE: KGC) has poured its first gold bar since the restart of mining at La Coipa 1,000 km north of Santiago, Chile, in the Atacama region.Commissioning the mine and mill began in early February, on schedule and under budget. The plant is expected to reach full capacity by mid-year. Annual production is expected to be about 250,000 oz. of gold.Two years ago, Kinross g...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has reported a substantial increase in mineral resources at its Indin Lake property located 200 km north of Yellowknife, Northwest Territories, further demonstrating the potential for a future large-scale, higher-grade, open pit project in the district.Indicated resource for the open pit was 121% higher than its previous estimate, now standing at 46.4 milli...Read More
Jamie Dimon may not believe in bitcoin, but he sure believes in bailing out Chinese commodity tycoons in need.Read full newsRead More
TRU Precious Metals Corp. announces new assay results from an additional 4 of 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland.Read full newsRead More
Dear Outsider,An unmistakable neon glow emanates from an abandoned storefront in Philadelphia's University City. As part of a massive real estate investment, Drexel University acquired an old Firestone car repair shop and turned it into a pop-up art gallery, complete with retro neon signs, some dating back to the 1950s. It gives students a glimpse into Philadelphia's past as they work toward a bet...Read More
According to all the vitriol on social media, high gas prices are the result of one of the following reasons...Joe Biden is weak.Donald Trump enabled Putin.Both of these are highly inaccurate.High gas prices are actually the result of something far more inconvenient.It's something few of us want to admit because it places the blame on our collective inability to accept an awkward truth: We've take...Read More
WallStreetPro - Twitter, Released on 3/10/22Kamala Harris just kicked off her tour in Poland and Romania. She is there to negotiate with our allies to prevent nuclear Armageddon. Does this video inspire confidence? This is the person Biden has chosen to represent America in these perilous times. "I am here. Standing... here... (**checks notes)." Is she high? ?????EUR??(TM),?,? pic.twitter.com/U1m3...Read More