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
Sierra Madre is looking to revive the La Guitarra Mine. Read on to see why analysts like this company's stock.According to a press release from the company, Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) is hoping to begin operations of the La Guitarra project again.Gregory K. Liller, the Executive Chairman and CEO of Sierra Madre, commented, "We are very pleased with the progress at La...Read More
Global Analyst Adrian Day discusses the recent offer by Metalla Royalty for Nova Royalty Co.Nova Royalty Corp. (NOVR:TSX.V) board has accepted an offer to be acquired by Metalla Royalty & Streaming Ltd. (MTA:TSX.V; MTA:NYSE American) following an M&A process sparked by the sudden departure of founding CEO Alex Tsukernik. Metalla is a related party being instrumental in founding Nova.MTA's CEO Bret...Read More
Analyst Update This rare earths company has announced an updated Mineral Resource Estimate (MRE) for its British Columbia project. Find out why one analyst says it's a great time to seek exposure.Analyst Update: Analyst Mark Reichman of Noble Capital Markets called Defense Metals Corp.'s (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) updated Mineral Resource Estimate a "significant upgrade" in an updated res...Read More
The company is guiding 2023 production at 145,000-155,000oz at an all-in-sustaining cost of US$1000-1180/oz. "Switching to grid power will make us $100/oz cheaper," said Downey.Read More
The company is developing a proprietary alkaline leach to heap leach the refractory ore. The company has previously proven its approach works and aims to increase the recovery it obtains.Read More
Wheaton Precious Metals will provide $5 million of the financing, with management and directors the rest, as the culmination of a series of transactions that saw the company repurchase a 0.Read More
Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals However, with optimism drooping following a Chinese financial-stimulus plan that failed to deliver, how stocks are likely to perform towards the year's end has become anyone's guess.Read More
Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumStuart expects the company to raise US$180-200 million in equity, once the debt component and permitting are completed, with the hope the company's share price would be at a much higher level afterRead More
Bristow said that the substantial growth in copper production, combined with the output from Barrick's gold portfolio, is expected to increase the miner's attributable production to 6.Read More
(IDEX Online) - De Beers today said it will no longer sell lab grown engagement rings, after a three-month trial reinforced its belief that they are "unsustainable" as a commercial proposition."Retailers already need to double the number of LGD carats sold every two years just to maintain a flat absolute gross profit," the company said.Lightbox, the De Beers lab grown division, dipped its toe into...Read More
(IDEX Online) - Five men have been charged with using companies based in New York City's Diamond District to process over $600m in illegal money transfers.They are accused of using numerous diamond, gold, and jewelry companies as fronts to conduct hundreds of millions of dollars in illegal financial transactions for customers - including converting cash to checks or wire transfers - in exchan...Read More
(IDEX Online) - Greenland's only ruby mine has closed, after reportedly running up $74m of debts.Greenland Ruby, which started production of rubies and pink sapphire mining in 2017, has laid off its remaining staff and put the mine, at Aappaluttoq, in the southwest of the country, on care and maintenance.The company, owned by Norway-based LNS Group, originally predicted a 10-year life for the...Read More
(IDEX Online) - Israel is to host its second annual Diamond Conference next April, together with a three-day Diamond Exhibition.Both events are part of the International Diamond Week, hosted by the Israel Diamond Exchange (IDE), in Ramat Gan.The inaugural Israel Diamond Conference, which took place in March, was the country's first international event since the Covid pandemic.It brought toget...Read More
The London-listed miner, which operates base metals projects in Kazakhstan and North Macedonia, declared a 9p per share, down from 10p at the same time last year, but still ahead of analystRead More
The company completed an infill drilling programme in April for the indicated resources, with infill drilling now focused on upgrading resources to the measured category.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDT.Index futures were unchanged following release of the U.S. August Consumer Price Index report at 8:30 AM EDT. Consensus was an increase of 0.6% versus an increase of 0.2% in July. Actual was an increase of 0.6%. On a year-over-year basis, consensus was an increase of 3.6% versus a gain of 3.2%...Read More
On Sept. 30... in a mere 17 days...The United States government will "shut down" barring fresh congressional funding.Uncle Samuel's doors will swing shut and Pandora's notorious box will swing open.Horror upon horror will ensue.The ranger patrolling the National Park of American Samoa will be thrown into idleness...The Federal Theatre Project will be thrown into darkness...And the visiting seven...Read More
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