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
Imagine all the people… living life inthe Metaverse. Once we immerse ourselves in the digital sphere, gold may go outof fashion. Or maybe not?Do you already have your avatar? If not,maybe you should consider creating one, as the Metaverse is coming! What is the Metaverse? It is a digital,three-dimensional world where people are represented by avatars, a network of3D virtual worlds focused o...Read More
Regardless of how unpleasant the past few weeks have been, events are mostly playing out as forecast, and in reality, silver is acting just as predictably as gold... by Craig Hemke via Sprott Money NewsRegardless of how unpleasant the past few weeks have been, events are mostly playing out as we forecast back in January. So, with this in mind, it's time for an update.We've gotten accustomed to wr...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpThe consolidated indicated resource now totals 4.27 million ounces and 7.5Moz inferred, which is a 70% increase in to...Read More
"We've gone full bore in this last year and this year 2022, and have conducted about 140,000m of drilling. We are seeing a weighted average grade of 9.Read More
In 2021, the company increased its throughput from 3,500 tonnes per day to 4,200tpd and it anticipates being able to get to 4,500tpd via debottlenecking this year.Read More
Stronger anticipated output and ongoing cost management to minimize the impact of inflationary pressures would reduce costs, Torex Gold said.Read More
Around 20 tonnes of tellurium will be produced annually through a new US$2.9 million circuit built at the Kennecott refinery, Rio Tinto said.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsAustralian Labor Party (ALP) trade and resources spokesperson Madeleine King outlined a "transfor...Read More
News: Market sentiment mixed as summer wedding season begins. US 8.3% April inflation fuels caution but positive retail momentum continues with jewelry sales +33%, Mastercard reports. Alrosa cancels rough sales, continues supplying Russia's Gokhran. Shortages anticipated. De Beers scales up Tracr blockchain as crisis accelerates traceability efforts. Savvy dealers seeking ethically sourced goods....Read More
RAPAPORT... US e-commerce spending fell in April to its lowest this year amid rising interest rates and continued inflation, according to Adobe Analytics."As the cost of borrowing and economic uncertainty rises for consumers, we are beginning to see the early impact on both online inflation and spend," said Patrick Brown, vice president of growth marketing and insights for Adobe.Shoppers shelled o...Read More
RAPAPORT... A 228-carat stone made history as the largest white diamond ever to sell at auction, raking in nearly $22 million at Christie's Magnificent Jewels in Geneva.The pear-shaped, 228.31-carat, G-color, VS1-clarity diamond, called The Rock, fetched $21.9 million at the May 11 auction, within its presale estimate of $20 million to $30 million, Christie's said Wednesday. It beat the previous r...Read More
(IDEX Online) - The largest white diamond ever auctioned sold yesterday for $21.9m at Christie's Magnificent Jewels sale in Geneva.The 228.31-ct G/VS1 pear-shaped gem, called The Rock, beat its low estimate of $20m, but fell short of the $30m high estimate.The record auction price for a white diamond remains with a 163.41-ct D/IF Type IIa rectangular cut-cornered diamond, which sold at Christ...Read More
(IDEX Online) - Pandora today announced plans to build a $100m factory in Vietnam, as part of a plan to boost its total production capacity by 60 per cent.It will create 6,000 jobs, producing up to 60m jewelry items a year.The Danish jeweler, best known for its charm bracelets, aims to double revenue in the US and treble it in China (both from 2019 levels). The new factory in Vietnam will su...Read More
(IDEX Online) - A pure platinum coin weighing 1kg, and set with 462 fancy vivid pink diamonds (6.5 tcw) from the Argyle mine is to be auctioned.The one-off creation is the highlight of the Royal Canadian Mint's Opulence Collection, featuring gems from the iconic Australian mine that closed in November 2020.There are 436 coins altogether, using a total of 46.7 carats of Argyle pinks.The Ultima...Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe International Council on Mining and Metals (ICMM) 28 member companies are pioneering the init...Read More
U.S. equity index futures were lower at 7:30 AM EDT. S&P 500 futures were down 17 points in pre-opening trade.April Producer Price Index to be released at 8:30 AM EDT is expected to increase 0.5% versus a gain of 1.4% in March. On a year-over-year basis, April Producer Price Index is expected to increase 10.7% versus a gain of 11.2% in March. Excluding food and energy April Producer Price Inde...Read More
Africa is home to bountiful reserves of metals such as gold, copper, and lithium. The continent also offers mineral exploration and development companies with large areas of underexplored terrain as well as several mining-friendly jurisdictions looking to harness mining revenues for development purposes. Here are eight miners active within Africa.ASANTE GOLDThe mill at the Bibiani gold mine, in Gh...Read More
Vale, one of the world's biggest producers of iron ore and nickel, has been in the news a lot lately. The Brazilian miner has been making strikes towards "green" credentials on the nickel side - making deals to supply low-carbon nickel to Sweden's Northvolt and to EV market leader Tesla. On the iron ore side, it's building a "green" pig iron plant in Brazil that will be the first to use its Tecno...Read More
Anglo American (LSE: AAL) has inked a joint venture deal with base-metals focused junior Arc Minerals (LSE: ARCMA) to explore for copper and cobalt in Zambia, marking the first new investment the global miner makes in the country in about two decades.Arc Minerals said Anglo American will take 70% of the JV for an aggregate investment of up to US$88.5 million, including a cash consideration of up t...Read More
Manganese X Energy (TSXV: MN; OTC: MNXXF) has delivered a positive preliminary economic assessment (PEA) for its wholly-owned Battery Hill project located near Woodstock, N.B., demonstrating the potential for a low-capital, long-life manganese mine operation in North America.The study expects the project to produce about 68,000 tonnes of high-purity manganese sulphate over a 47-year mine life. At...Read More