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
Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.Import prices for rebar in Singapore continued to rise in the week to October 25 amid a surging ferrous scrap market upstream.A combination of hurdles to a recovery...Read More
An anonymous director reports I-80 ANNOUNCES FILING OF THE LONE TREE PROPERTY TECHNICAL REPORTi-80 Gold Corp. has filed a technical report prepared for the Lone Tree property, in accordance with Canadian Securities Administrators' National Instrument 43-101. The report may be found on the company website and under the company's profile on SEDAR. The independent report, dated Oct. 21, 2021 (effecti...Read More
An anonymous director reports I-80 ANNOUNCES FILING OF THE RUBY HILL PROJECT TECHNICAL REPORTi-80 Gold Corp. has filed a technical report prepared for the Ruby Hill project, in accordance with Canadian Securities Administrators' National Instrument 43-101. The report may be found on the company website and under the company's profile on SEDAR. The independent report, dated Oct. 22, 2021 (effective...Read More
Sibanye-Stillwater is in talks to buy the Santa Rita nickel and Serrote copper mines in Brazil from affiliates of funds advised by Appian Capital Advisory LLP, the company said.The South African miner is predominantly a precious metals company, although it produces nickel and copper as by-products and has copper exploration projects in Canada and Argentina."Sibanye-Stillwater hereby advises its sh...Read More
Equinox Gold Files Technical Reports for Fazenda and RDM MinesCanada NewsWireVANCOUVER, BC, Oct. 22, 2021Read More
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen has named Janis Bowdler, a Latina activist and former head of the philanthropic arm of JP Morgan Chase, as the first-ever counselor for racial equity at the Treasury Department, a Treasury official said on Monday.The move comes after a racial equity review at Treasury during the first 200 days of the Biden administration showed the need f...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Brazil's Vale today announcedthe resumption of conveyor belt operations at Salobo, that was halted for 18days due to a fire that partially affected the conveyor. The causes of the fire arebeing investi...Read More
Base metals on the London Metal Exchange closed the session higher on Monday October 25, but market participants expect further weakness in coming sessions.The three-month copper price led the base metals uptrend, closing at $9,867.50 per tonne, up 1.68% from the close of $9,704 per tonne on Friday October 22. Market participants continued to focus on dwindling copper stocks in LME sheds, wit...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Today, the Saudi ArabianMining Company (Ma'aden) announced that in Q3 2021, its net profit was 1,271,851,410Saudi Arabian Riyals (~$340 million), an increase of 19,549% compared to Q32020.The company e...Read More
Mr. Peter DembickireportsTIER ONE SILVER APPLIES FOR DRILL PERMIT FOR ADDITIONAL 200 DRILL HOLES AT CURIBAYA PROJECTTier One Silver Inc.has applied for an extension of its drill permit at the Curibaya project in southern Peru to include the Cambaya target, where the best channel sample results have been received to-date (see Oct. 14, 2021, news release). The target is located northeast of the prev...Read More
Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.Import prices for rebar in Singapore continued to rise in the week to October 25 amid a surging ferrous scrap market upstream.A combination of hurdles to a recovery...Read More
NEW YORK (Reuters) - Cryptocurrency products and funds had record inflows last week to the tune of $1.5 billion, their 10th straight week of investments, as optimism soared with the trading of bitcoin exchange traded funds, a report from digital asset manager CoinShares showed on Monday.Inflows so far this year hit $8 billion, far exceeding the record set for the whole of 2020 of $6.7 billion, the...Read More
Bob Moriarty ArchivesOct 25, 2021On the strength of a 4 million ounce gold resource, a company formerly known as East Asia Minerals, now Baru Gold (BARU-V) shot to a high of an adjusted $87 a share in 2010.Eric Sprott was the biggest investor,holding 18% of the company and saying, "Gold deposits of consequence are very hard to find today, and it's rare for an exploration company to return suc...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - South African platinum groupmetals producer Royal Bafokeng Platinum (JSE: RBP) announced today that notwithstandingthe ongoing impact of the COVID-19 pandemic and the protracted third wave,which reache...Read More
PLAINFIELD, N.J., Oct 25 (Reuters) - U.S. President Joe Biden on Monday held out hope for an agreement on his major spending plans before attending a climate summit in Scotland, while the White House said Democratic negotiators were closing in on a deal.Biden visited New Jersey to sell his "Build Back Better" agenda after talks on Sunday with moderate Democratic Senator Joe Manchin, whose vote is...Read More
The latest data for the global manganese ore market for the week ended Monday October 25.Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Calibre Mining (TSX: CXB)announced Monday that it has entered into a definitive arrangement agreementwith Fiore Gold (TSXV: F), whereby Calibre will acquire all of the issued andoutstanding common shar...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Russian mining company Petropavlovsk(LSE: POG), one of the largest gold producers in Russia, announced today thatin Q3 2021, the company's total gold production amounted to 111.6 koz, a 2%decrease comp...Read More
(Updates prices)* Investors await BoJ, ECB policy meetings due this week* Palladium, platinum rise more than 1% eachOct 25 (Reuters) - Gold prices rose about 1% on Monday, as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings this week.Spot gold was up 0.9% at $1,807.66 per ounce by 11:39 a.m. ET (1539 GMT). U.S. go...Read More
Lithium producer Orocobre (ASX: ORE) was up about 4% in morning Australian trade.Gold, often used as a hedge against inflation, has risen above US$1,800 an ounce on the spot market as talk continues about inflationary pressures in the US.Copper, aluminium and nickel advanced on Monday as China urged local governments to speed up bond issuances, often used for infrastructure projects, to meet this...Read More