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
With a resource estimate for the Berry zone at Marathon Gold's (TSX: MOZ) Valentine gold project underway, the company recently released assay results from its 2021 drilling for seven holes drilled within the 1.5-km target.The latest results included a deeper drillhole assay from the less-explored central portion of Berry that returned 22 metres of 6.57 grams gold per tonne starting at 232 metres....Read More
Sudan is moving forward with plans to reopen a network of mines that at one stage produced a third of the nation's gold and that were until last year linked to the family of the country's most powerful militia leader.The Mining Ministry said on March 15 that it had sent a team from the General Authority for Geological Research to determine how soon the North Darfur mines can resume production.The...Read More
Fortescue Metals Group (ASX: FMG), the world's fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its closest rivals BHP, Rio Tinto and Vale.The Australian miner said its subsidiary Fortescue Future Industries (FFI) will be a key enabler of the new target through the development of green electric...Read More
Newmont (TSX: NGT; NYSE: NEM), the world's No. 1 gold miner, is acquiring all the shares it doesn't already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal valued at about US$311 million ($393 million).The transaction will see the U.S. mining giant buying the remaining 85.1% of common shares of GT Gold it doesn't already have for $3.25 per share in cash. The figure represents a 38%...Read More
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase warrants.As part of the deal, Sprott Mining President Eric Sprott will complete a US$30 million private placement investment in First Majestic.The Canadian miner said it had identified opportunities to enhance the mi...Read More
Davis' SPAC is eyeing minerals needed for shift to green economyRead full newsRead More
'What a difference a year makes'Read full newsRead More
February 18, 2021- New Gold Inc. (Read full newsRead More
Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More
Sixth Wave Innovations Inc. is pleased to announce the appointmenRead full newsRead More
TSXV: LMS) announces that it has received an option exercise notiRead full newsRead More
HighlightsHeadline assay of 4.6 gt Au 1.7 m consists of two adjacRead full newsRead More
ALX Resources Corp. is pleased to announce that a diamond drillinRead full newsRead More
Empress Royalty Corp. reports that in connection with its agreemeRead full newsRead More
Aben Resources Ltd. announces that it has granted 3,398,384 incenRead full newsRead More
Searchlight Resources Inc. is pleased to announce that the planneRead full newsRead More
The Canadian stock market could continue to remain volatile in the short term. However, the long-term growth story remains intact, reflecting economic expansion and recovery in demand. Thanks to the favourable long-term outlook, it’s prudent to invest in fundamentally strong stocks trading at attractive valuations and have strong potential for growth. Let’s take a look at five suc...Read More
If not for the pandemic oil might have been the biggest financial story of 2020. As you might remember, just before everything went to hell in a hand basket, Saudi Arabia and Russia got into a huge pissing match. Instead of cooperating to stabilize oil prices as they had for so long, they flooded the market and slashed their oil prices in an effort to drive higher-cost producers from the market....Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 16 that are worth another look.Russian metallurgical coal producer Sibanthracite Group intends to ship more than 1 million tonnes of coal in Capesize-class vessels from the Black Sea port of Taman in 2021, it said on March 15.Treatment and refining...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 16.Read More