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
Canada's Denison Mines (TSX: DML) is ready to resume the formal environmental assessment (EA) process for its 90%-owned Wheeler River project in Saskatchewan, which is poised to be the country's first in-situ recovery uranium mine.Denison had paused the process in March, due to restrictions related to Covid-19 measures. President and chief executive David Cates said the company would give formal n...Read More
First Cobalt (TSXV: FCC) is planning to alter its prior arrangement with global miner Glencore (LSE: GLEN) and sign a a long-term feed purchase contract instead of the original tolling contract. First Cobalt owns North America's only permitted cobalt refinery.Securing feed material under a long-term cobalt hydroxide purchase contract would allow its refinery in Ontario to be "an active market par...Read More
Precious gemstones miner Gemfields Group (LSE: GEM; JSE: GML) says it is unable to say when it might be able to host its next auction, or generate meaningful revenue from sales, due to the "severe" impact of Covid-19 restrictions.The company, which returned to the London Stock Exchange's market for juniors this year, has only been able to host one auction so far in 2020. Held in February in Lusak...Read More
This week's episode features the launch of The Northern Miner's Global Mining Symposium virtual mining conference, with opening remarks by group publisher Anthony Vaccaro. As well, the news section tackles the latest developments on the trade tensions between Australia and China.All this and more with online editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky",...Read More
Explorer and developer Bluejay Mining (LSE: JAY) has inked a joint venture and earn-in agreement with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to advance the Enonkoski nickel project, in Finland.The deal could see Rio progressively earn up to a 75% interest in the project by injecting US$20 million into it either by covering expenses or paying cash equivalent amounts, over three stages.In the fir...Read More
Ferro-alloy markets should pick-up in early 2021 following the recovery in the global downstream steel industry, delegates heard at the International Ferroalloys Conference 2020 on November 9.Amy Bennett, principal consultant at Fastmarkets, expects global ferro-alloys markets to find support early next year amid the recovery in global steel markets, though there has been some disparity in regiona...Read More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Straightup Resources or theRead full newsRead More
Novo Resources (TSXV:NVO) is a gold exploration and development company with a pipeline of conglomerate gold projects in Australia's Pilbara gold region.Read full newsRead More
African Gold Group, Inc. is pleased to provide an update on its cRead full newsRead More
Portofino Resources INC. announces that further to its previouslyRead full newsRead More
K9 Gold Corp. is pleased to update the 2020 exploration program fRead full newsRead More
Gold stocks have done remarkably well this year during the COVID-19 pandemic. The price of gold hit 10-year historic highs earlier this year. Not only are investors attracted to the safety of gold during uncertain economic times, but central banks are committing to low interest rates.Low interest rates drive concerns about inflation, further sparking interest in gold to protect the store of value...Read More
Many investors may naturally avoid crashing shares when deciding where to invest their retirement portfolios. Their uncertain near-term outlooks and unpopularity among other investors may mean that assets such as Bitcoin and gold have more appeal following their recent price rises.However, ignoring other investors and focusing on high-quality businesses that trade at low prices could be a sound re...Read More
It’s earnings season and a great opportunity to pick up stocks after evaluating them on how well they have managed to weather two quarters of businesses getting impacted by the pandemic. There is a very real danger of the second wave of the pandemic keeping the whole world locked indoors for another round, and it makes sense to look at companies that are well placed to weather the second sto...Read More
Gold stock Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) is not the stock to buy when the economy is booming and/or recovering. So as the market soared as it digested the exciting coronavirus vaccine news out of pharmaceutical giant Pfizer on Monday, gold stocks like Barrick got hit hard.Down 12% in the last few days, is Barrick Gold stock headed even lower? Is it time to abandon the safety of gold stock...Read More
The drama. It's almost too much to bear. And we knew it would be.We all knew the 2020 presidential election would be a doozy.We knew we couldn't trust the polls predicting a runaway win for Joe Biden. We knew it'd be close. We knew Donald Trump wouldn't go quietly if he lost. We knew our inefficient and outdated voting procedures would be tested by the pandemic that's knee-capped our country, a...Read More
Nov 11, 2020 Guest(s): Peter Grandich petergrandich.com "The stock market is nothing what it was when I started 36 years ago. Back then, 90% of the trading was general public, people bought it because they wanted to be part owner of a company. Now, in my opinion, the stock market has become a very sophisticated, highly technology-driven casino," said Peter Grandich, founder of Peter Grandich &am...Read More