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

"Mundus vult decipi, ergo decipiatur" - the world wants to be deceived, so let it be deceived.This wisdom of the ancient world is the wisdom of the modern world. And we suspect greatly it will be the wisdom of the future world.That is, the world wishes to be eternally and infinitely deceived.Why else - sisters, brothers, countrymen - do people attend magic shows... solicit psychics... read Paul Kr...Read More

Man alone is the thinking animal of Earth, the sky-scraping summit of all its fauna, its high king.This unlikely creature splits the atom in two. He sends disinformation ricocheting around the world in fractions of seconds. He catapults himself into space.Through his astounding astronomical binoculars he lays his eyes on the remotest precincts of this universe, billions of years distant.Of these f...Read More

China's domestic magnesium price dived in the week to Friday October 29, with the market responding to declining upstream coal prices amid the country's attempts to stabilize prices and supply of the energy feedstock.Fastmarkets' weekly price assessment for magnesium, 99.9%, exw China, was 35,000-36,000 yuan ($5,466-5,623) per tonne on Friday October 29, a decrease of 11,000 yuan per tonne (23.7%)...Read More

China produced 23.83 million tonnes of crude stainless steel in the first nine months of 2021, according to data released by the China Stainless Steel Council (CSSC) at the end of last week.This is 1.89 million tonnes - or 8.6% - higher than an adjusted figure of 21.94 million tonnes a year earlier, it said.China's apparent stainless steel consumption...Read More

This week's episode features the Decarbonization Panel from the Canadian Mining Journal's ReImagine Mining Symposium, featuring Emily Thorn Corthay, Founder and CEO, Thorn and Associates; Mark Fellows, Co-founder, Director, Commercial, Skarn Associates; Luke Mahoney, Head of Technology and innovation, Vale; Maarten van Koppen, VP, Product Management, MacLean Engineering; Brian Huff, VP of Product...Read More

Canada's Centerra Gold (TSX: CG; NYSE: CGAU) says the Kumtor mine the Kyrgyz government had expropriated in May has underperformed the 2021 mine plan for June through September by 24%.According to Centerra, Kyrgyz officials and the government-imposed 'external management' continue to claim that Kumtor operates normally, but the numbers tell a very different story."In particular, gold output plunge...Read More

Neal Froneman seems laid-back but he's a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold producer, is driving the precious metals giant into the green energy metal space at a pace that makes your head spin.The South African mechanical engineer has orchestrated four major acquisitions of cobalt...Read More

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year's budget is now US$163 million, compared to US$113 million in 2020. The exploration work is focused on expanding reserves and resources at operating mines and pipeline projects. New target areas at LaRonde, Kittila, East Gouldie, Santa Gertrudis, and Hope Bay will also see exploration...Read More

A rising wave of anti-mining protest in Peru, which has paralyzed several operations in the world's second largest copper producing country in the last few months, is already affecting investors' perceptions, authorities warned Tuesday.Julio Velarde, Peru's central bank president, said the country's image as a safe investment destination is at stake. Swearing-in as the bank's leader for five years...Read More

Well before Wyloo Metals began its fight with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for Noront Resources (TSXV: NOT), the Australian company signed a definitive agreement with Toronto-based junior Orford Mining (TSXV: ORM) for its West Raglan nickel project in Quebec's Nunavik region.The deal, signed in January, sees Wyloo earning up to 80% of the West Raglan project by spending $25 million on explo...Read More

Sue joins Steve & Jay for some Cryto talk. #BTC #ETH #CryptoRead full newsRead More

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to share news the company has released the results of new testing which seems to demonstrat...Read full newsRead More

Companies focus on reducing debt and rewarding shareholders amid growing pressure over fossil fuelsRead full newsRead More

The Fed announced Wednesday plans to begin tapering its asset purchase program later in November, with a $10 trillion reduction in Treasurys and $5 billion reduction of mortgage-backed securities.Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the impact this decision will have on the gold price. "It is our national debt that has grown substantially. I...Read More

I don't know if you saw it or not, but over the summer China conducted a pair of hypersonic weapons tests that reportedly left Department of Defense officials "stunned."General Mark Milley, the chairman of the Joint Chiefs of Staff, called it a "Sputnik moment."Of course, none of this came as a surprise to me, or my readers, because I've been talking about hypersonic weapons for years. I even wrot...Read More

As expected, today, after the November FOMC meeting, boththe statement and press conference by Jerome Powell acknowledged that they willbegin the process of tapering their monthly asset purchases this month.Starting this month, they will reduce their monthly purchases of U.S. debt by$10 billion each month and reduce their monthly purchases of MBS(mortgage-backed securities) by $5 billion monthly....Read More

(Kitco News) - With the advent of blockchain technology, it is now possibleto "tokenize" assets and create digital trading vehicles that trackthe underlying asset.Atomyze is one such company doing exactly that, and thefirst asset class they are tokenizing will be commodities, and in particular,metals.Jeanine Hightower-Sellitto, CEO of Atoymze, discusses withDavid Lin, anchor for Kitco News, how t...Read More

(Kitco News) - Investors are still weighing the risk of inflation, whichhas tapped the breaks on gold's rise, said Agnico Eagle (TSX:AEM) CEO SeanBoyd. Boyd spoke to Kitco on Tuesday. The company released its Q3this week. In the spring gold traded above $1,900 oz but this fall isstruggling to stay above $1,800 oz. "Gold is stuck right now because investors are still tryingto determine what inflat...Read More

(Kitco News) Gold pared some of its losses, rising from daily lows as Federal Reserve Chair Jerome Powell talked about inflation uncertainty but stressed that it is "premature to raise rates today.""Inflation has come in higher than expected. Bottlenecks have been more persistent and are on track to persist well into next year. I don't think we are behind the curve. The policy is well-positioned t...Read More

Gold production in Q3 was up sharply at McEwen Mining (TSE:MUX). Results were announced this afternoon. Gold production was up 40% to 32,100 oz compared to the same period a year ago. McEwen traded up 4.4% today to $1.41 a share. The stock is up 8.57% year-to-date while the GDXJ has dropped 25% over the same period. The company said it is on track to meet its 2021 production guidance of 141,000...Read More