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

'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Sa...Read More

(IDEX Online) - A student has been charged over a $500,000 credit card scam at the jewelry store where she worked in Burlington, Massachusetts, USA.Police allege Ariel Foster, 19, spent over $35,000 on a Tesla car, almost $6,000 with Delta Airlines, more than $20,000 on an hotel in Maui, Hawaii, and almost $5,000 in Louis Vuitton purchases.Their investigation found items scanned at the register ha...Read More

(IDEX Online) - Dubai is to host its first LGD Symposium in a bid to drive the sector's long-term success.Global leaders in the lab-grown and technology space, including industry, retailers, financial institutions, governmental stakeholders, growers and manufacturers will converge on 10 July.Organizers DMCC (Dubai Multi Commodities Centre) says it is a "critical moment to address unique chall...Read More

(IDEX Online) - Gold sovereigns with fake hallmarks have been seized in Kochi, in the south-west Indian state of Kerala.Officials from the Bureau of Indian Standards (BIS) said the 118 gold coins, weighing 948 grams, were worth over $58,000.They were being sold without hallmarking and with spurious use of the hallmark, the BIS said, and were seized form Thiru-Kochi Gold and Diamonds, Elamkunnapuzh...Read More

'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Th...Read More

"Panama is very aware of the copper and gold potential we have. Right now, we are only focused on the final administrative steps to make sure this contract gets into law.Read More

Azerbaijan-focused Anglo Asian Mining has identified significant copper mineralisation at its Xarxar asset.Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade.Index futures weakened despite regulatory authorities taking control of Silicon Valley Bank after the bank experienced a run on its assets. First Republic Bank plunged $49.26 to $32.50 on solvency concerns. Seagen advanced $31.79 to $204.40 after Pfizer offered to acquire the company at...Read More

When depositors worry about a bank's ability to make good on its deposits, it can quickly become rational to panic, move deposits out, and ask questions later. We have the FDIC to guarantee the value of deposits smaller than $250,000, so there is no need to run if you're under that limit.But if you're a business with a very large bank balance that you're using to fund payrolls or other operating e...Read More

The financial world is today reeling from the failure of Silicon Valley Bank (SVB). SVB was an FDIC insured commercial bank regulated by the State of California and the Federal Reserve System.On Friday, March 10, the FDIC abruptly closed the bank, moved some deposits to a newly created bank controlled by regulators, wiped out large deposits, and began a process of selling bank assets and gradually...Read More

Realists who question received wisdom and conclude the status quo is untenable are quickly labeled pessimists because the zeitgeist expects a solution is always at hand - preferably a technocratic one that requires zero sacrifice and doesn’t upset the status quo apple cart.Realists ask “what if” without selecting the “solution” first.The conventional approach is to se...Read More

Spread the loveCOMMENT: Marty; Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious metals markets, the US Department of Justice announced. Of course, —- —–, which is forever bullish metals, claims they moved the metals in the “direction they wanted from 2008 to 2014.” It just seems that people claim...Read More

Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence. A project from Down Under topped two from the Americas in results for the Mar. 3-10 period. Great Boulder Resources (ASX: GBR) led the chart with an assay from its Side Well project in Australia followed by Torex Gol...Read More

Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) says it has successfully recovered lithium in black mass recycling trials conducted at its refinery north of Toronto. Electra launched its black mass demonstration plant at the end of December 2022 and has processed material in a batch mode, successfully extracting lithium, nickel, cobalt, manganese, copper, and graphite. Electra says the r...Read More

On Mar. 2, Stockholm Precision Tools (SPT) launched a new corporate identity to reflect its significant structural changes and its commitment to environmental, social, and governance (ESG) issues. The company, founded in Stockholm in 1996, is the leading global designer and manufacturer of borehole survey tools. Starting in the oil and gas sector, it has expanded its operations to serve the minin...Read More

Stocks fell Mar. 6-10 as investors shifted from concerns over inflation to the outlook for the economy after regulators shut California-based Silicon Valley Bank following losses that prevented it from maintaining enough capital.The Dow Jones Industrial Average fell 1,481.33 points or 4.4% to 31,909.64 and the S&P 500 dropped 184.05 points or 4.5% over the week to 3,861.59.Two companies seen as pr...Read More

The S&P/TSX Venture Composite Index retreated by 31.49 points or 4.9% over the Mar. 6-10 trading session, ending at 611.49.Artemis Gold was the week's top value gainer, adding 48 ? to close at $4.88 on Friday. On Mar. 9, Artemis announced the approval of its B.C. Mines Act permit for the Blackwater gold project in central B.C., the final step required to allow the company to begin major constructi...Read More

Over the Mar. 6-10 trading period, the S&P/TSX Composite Index fell a substantial 806.66 points or 3.9%, to 19,774.92. The S&P/TSX Global Mining Index lost 8.65 points or 7.5% to 106.48, and the S&P/TSX Global Base Metals Index fell 24.48 points or 11.6% to 186.46. The S&P/TSX Global Gold Index contracted by 9.17 points or 3.34% to 265.27, and spot gold ended the week US$20.10 per oz. higher, or 1...Read More

Wesdome Gold Mines (TSX: WDO) has provided an updated mineral resource and reserve estimates for its two high-grade underground assets: the 100% owned Kiena mine complex in Val-d'Or, Quebec, and the Eagle River mine near Wawa, Ontario.As of Dec. 31, 2022, the Toronto-based gold miner's combined proven and probable mineral reserves totalled 2.4 million tonnes grading 12.9 grams gold per tonne, for...Read More

In mid-February, Ford Motor Company (NYSE: F) announced a US$3.5-billion investment to build a battery plant in Michigan that will help it reach its target of producing 2 million electric vehicles a year by 2030. The battery cells will use technology and expertise provided by China's Contemporary Amperex Technology, the world's biggest manufacturer of batteries for EVs. The announcement follows F...Read More