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
The group stopped a train operated by FCAB on Saturday near Lata to the southeast of Antofagasta and stole copper cathodes using trucks equipped with cranes.Read More
(IDEX Online) - Jeweler Stephanie Gottlieb has created a one-off popcorn-shaped diamond engagement ring. The 3.66-carat VVS-clarity natural stone was specially cut from an 11-carat rough diamond and set in simple yellow gold "bathtub bezel".It is designed to intensify the hue of the stone, which has been graded as Y-Z - near to fancy yellow on the official GIA color scale."The idea was...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmg A former broker explained how at one time major European trading houses weren't averse to quietly withdrawing copper from LME warehouses only t...Read More
(IDEX Online) - Diamond tech firm Sarine has filed a series of lawsuits in and around Surat for alleged piracy of its mapping software.Raids were carried out at eight locations in India's cutting and polishing capital last Wednesday (18 May) after a court granted the company ex-parte orders.Sarine was unable to provide details, but said: "It is believed that the court commissioners were able...Read More
Base metals prices on the London Metal Exchange were mainly weaker on the morning of Tuesday May 24, while those on the Shanghai Futures Exchange were more mixed.• United States President Joe Biden considers easing tariffs on China• Japan’s flash manufacturing purchasing mangers’ index (PMI) dips to 53.2, from 53.5• Bank of Japan’s core consumer price index (CPI) clim...Read More
AISC costs were already driven higher in the first quarter of this year by a combination of factors, including higher energy, labour, and equipment costs in a higher inflationaryRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 46 points in pre-opening trade. Zoom gained $4.21 to $93.54 after first quarter results beat consensus estimates. The company also offered positive second quarter guidance. Best Buy added $3.41 to $76.00 after reporting higher than consensus first quarter revenues. Snap plunged $6.96 to $15.51 after the company lowere...Read More
Shares of Filo Mining (TSX: FIL) reached an all-time high as the company reported its best hole yet in terms of copper-equivalent and intercept length, drilled at its Filo del Sol project, which straddles the Argentina-Chile border. Highlights from the latest drill results from its ongoing program included drill hole FSDH055C from the Breccia 41 zone, which cut 1,337.5 metres grading 0.66% coppe...Read More
Mining and commodities trader Glencore (LSE: GLEN) has settled probes into bribery and market manipulation in the U.K. and U.S. that have hung over the company for years.The company, which in February announced it had set aside US$1.5 billion cover the costs of settlements in the U.S., U.K. and Brazil, confirmed on Tuesday it would appear in court in the U.S. today in connection with "proposed re...Read More
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold Fields fell 1.2% to US$11.44. The company, which is already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile is now facing?EUR?potential sanctions?EUR?fr...Read More
The S&P/TSX Venture Composite Index eked out a gain of 5.44 points over the May 16-20 trading week to end at 702.09.Los Andes Copper saw the biggest share price gain over the session, rising $1.30 or 9.2% to end at $15.45. On May 16, the junior reported new assays from its Vizcachitas copper project in Chile, including 152 metres of 1% copper equivalent (0.94% copper, 122 parts per million molybde...Read More
Over the May 16-20 trading period, the S&P/TSX Composite Index fell 8.8 points to 20,197.61. The S&P/TSX Global Mining Index increased 3.64 points or 3.3% to 109.01 and the S&P/TSX Global Base Metals Index rose 6.71 points or 3.6% to 188.24. The S&P/TSX Global Gold Index rose 6.85 points or 2.3% to 301.40 and spot gold ended the week up 1.3%, or US$24.7 per oz. higher, at US$1,834.20 per ounce. S...Read More
This week's episode features geopolitical and natural resource commentator 'Paul' from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses global energy supplies and the vulnerability of European nations in the context of the Russia-Ukraine war, as well as precious metals, rare earths, and what will likely be an increasing competition for resources between the West and the...Read More
BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz's empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, and international tribunal has ruled.The World Bank's International Centre for the Settlement of Investment Disputes (ICSID) "forcefully" rejected the mining company's claims against Guinea for billions of euros for having been str...Read More
FPX Nickel CEO, Martin Turenne, joins Trevor Hall to discuss the drilling campaign slated for next month which looks to expand the Van Target discoveries made last season. Martin also shares some thoughts on the latest nickel market developments. Read full newsRead More
As the race to meet supply chain needs in the booming green metals marketplace continues to accelerate, mining exploration companies are scouring the globe to find new, reliable, and cost-effective sources of the one metal that really matters the most: lithium. The reason...Read full newsRead More
The bear is stirring. And why not? The scent of blood is in the air, after all.The Nasdaq tripped out of the gate to start the year. More than a bear market, tech stocks are down 28% YTD. Now the Dow and S&P are faltering, too, on the brink of bear territory with respective declines of 14% and 18%.It's hard to watch. No one likes to see their stocks go down. But on the other hand, we all knew th...Read More
Share this article VANCOUVER - Osisko Development Corp. [ODV-TSXV] has released a preliminary economic assessment (PEA) for its flagship Cariboo gold project in British Columbia that targets an initial gold pour in the first quarter of 2024.The PEA illustrates potential economics for a low cost, large scale underground gold mine, with industry-leading operating costs. It envisages total gold pr...Read More
Try to think where you were exactly one year ago. Perhaps you were caught up in the red-hot tech boom that had been raging for more than a decade. Watching the Nasdaq climb 385% between May 2012 and May 2021 would've been quite fruitful for your portfolio. Little did you know that the crash was about to begin just six months later. What didn't pique your interest was the fact that WTI oil was t...Read More
The Jay Martin Show, Released on 5/25/22Legendary resource investor and CEO of Fiore Financial, Frank Giustra joins the show to give his thoughts on the future of the gold market. Frank emphasizes that investors need to have patience above all, and he lays out a scenario where central banks could revalue gold.00:00 Introduction01:46 How is Frank Investing in this Environment?03:44 Bitcoin VS Gold0...Read More