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
(IDEX Online) - A ruby and diamond bracelet made by Van Cleef and Arpels for screen icon Marlene Dietrich is to sold by Christie's New York with an estimate of $2.5m to $4.5m.She bought the high glamor piece in 1937 and wore it in Alfred Hitchcock's 1950 movie Stage Fright and to the Academy Awards ceremony a year later.It will be auctioned as part of collection owned by philanthropist a...Read More
(IDEX Online) - Brave jewelers Malcolm Abelson, 78, and his wife Elise, 73, saw off a raider armed with a hammer who tried to steal merchandise from their store in Manchester, England.The couple were unhurt after grappling the man, who fled empty-handed.He claimed he was interested in a necklace and three diamond bracelets for his girlfriend but snatched them from Ms Abelson and tried to run off.&...Read More
(IDEX Online) - Burgundy's $136m deal to buy the Ekati diamond mine, in Canada, is likely to extend its life "significantly", says Kim Truter, the company's CEO.The purchase, announced last week, from Arctic Canadian, should be concluded next month, pending financing and shareholders' approval."The real advantage is it's a tier-one asset in a tier-one country," Truter told CBC...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 8:30 AM EDT. Concerns about Credit Suisse' viability was relieved after UBS acquired the company for $3.2 billionCF Industries slipped $0.43 to $70.50 after announcing acquisition of an ammonia plant in Louisiana for $1.675 billion.Foot Locker added $0.03 to $42.29 after reporting higher than consensus fourth...Read More
Money is all theoretical... until it's not.Paper money is bad enough, as France learned under the tutelage of the rascal John Law in the early 1700s. The nation was broke, exhausted by foolish wars, and heaped under unbearable debt.Monsieur Law, a Scottish genius-wizard (the Jerry Lewis of political economy), landed in Paris, cast a spell on the regent Duc d'Orl?(C)ans, set up a magic credit engin...Read More
Spread the lovePRIVATE BLOG - Gold & the BreakoutPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Bank of America Securities has flagged Iamgold (TSX: IMG; NYSE: IAG), New Gold (TSX: NGD) and Kinross Gold (TSX: KGC) as having the most torque, given gold's 6% surge to US$1,982 per oz. on Mar. 10, a report noted Monday.Gold miners with a higher cost base and those with more debt relative to net asset value on the books had the greatest torque to rising prices, argues research analyst Lawson Wind...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.New Found Gold (TSXV: NFG) shares popped this week after announcing on Mar. 13 a high-grade intercept drilled below its recent Iceberg discovery at its Queensway gold project in Newfoundland. Hole NFGC-23-1120 returne...Read More
First Majestic Silver (TSX: FR; NYSE: AG) is taking action to reduce overall costs by temporarily suspending all mining activities and reducing its workforce at the Jerritt Canyon gold mine in Nevada, effective immediately.Shares of First Majestic were down 16.1% in afterhours trading Monday on the latest development, taking the precious metals miner's market value to US$2 billion in New York.The...Read More
New figures showing more than twice the potential gold in Thor Explorations' (TSXV: THX; LSE: THX) Douta project in Senegal means "greater confidence" it will be the company's second mine in West Africa, analysts said. Douta holds an indicated resource of 20.2 million tonnes grading 1.3 gram gold per tonne for 874,900 oz. contained metal and an inferred resource of 24.1 million tonnes grading 1...Read More
Golden Minerals Co. (TSX: AUMN; NYSE-AM: AUMN), has released an initial resource estimate for its Yoquivo silver-gold project, in northwest Chihuahua state, Mexico. The project hosts an inferred resource of 937,000 tonnes grading 410 grams silver per tonne and 2.1 grams gold for 12.3 million oz. of contained silver and 64,000 oz. of contained gold."We are very pleased to announce the first minera...Read More
The Canadian Mining Hall of Fame has issued its 2024 call for Nominations. Each year, the CMHF reaches out through its network in search of outstanding individuals for consideration by the board for induction into the Canadian Mining Hall of Fame.Through their leadership and achievements, individual nominees must have shaped Canada's global leadership in mining, embodied the important role mining...Read More
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of US$596 million.Most of the projects, or 39 of them, focus on copper mining and represent an investment of US$284 million. The red metal is followed by gold, with 18 projects and an investment of $220 million. Zinc occupi...Read More
Eric Desaulniers, CEO and president of Nouveau Monde Graphite discusses the Matawinie project in Quebec, the Uatnan JV with Mason Graphite following a positive economic assessment in January, and its plans for 2023. Desaulniers spoke with Northern Miner production editor Blair McBride at PDAC in Toronto in March 2023.Read More
Why Natural Gas Prices are Rising, 45% Free Cash Flow Yields, Increasing Dividends, Zero Debt & What it Means for Energy ShareholdersRead full newsRead More
Jamie Beck, president, CEO and director of Filo Mining, joins BNN Bloomberg to talk about copper, silver and gold exploration at the Filo Del Solo project. He says despite the complexity of the altitude and remoteness, it's an excellent place to put a big copper mining production.Read full newsRead More
The negative global banking news flow dragged down FLIN ETF in recent weeks. See why I view current levels as a compelling entry point.Read full newsRead More
Upwork plans to expand its growth into the enterprise and has already worked with over 30% of the Fortune 500. Read more to see why UPWK stock is a Buy.Read full newsRead More
IAT invests in regional bank stocks within the United States. Read more to see my thoughts on the ETF and what prompts my Hold rating.Read full newsRead More
Liquidity in treasury futures has evaporated, making the latest short squeeze painful. Read why we think interest rates should rise sharply.Read full newsRead More