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
This week, the global elite descended private jets to their version of winter ski-camp - the lifestyles of the rich and powerful version. The World Economic Forum's (WEF) five-day Continue...Read More
Many people are expecting some degree of approaching collapse - be it economic, environmental and/or societal - thinking that they'll recognize the danger signs in time. Continue...Read More
Owen Shroyer is on the ground at Roger Stone's home in Florida for exclusive coverage of his wrongful persecution by Mueller's FBI and the media.Continue...Read More
"Sales in Asia/Pacific declined due to lower demand in China, partially offset by higher demand in a few other countries in the region," the company said in a statement.Continue...Read More
The Kibali gold mine produced 807,2511 ounces of gold in 2018, above its target of 750,000 ounces and 35% higher than its output the previous year. This was achieved on the back of the successful ramp-up in underground production and a steady improvement in the processing plant recovery and throughput.Barrick president and chief executive Mark Bristow told a media briefing here today that the reco...Read More
"The world is going to end in 12 years if we don't address climate change...this is our World War 2."Read More
The price of ammonium paratungstate (APT) continued its downward trend last week amid weakening demand, while Fanya stock fears re-appeared following news the failed exchange is releasing some indium stocks for auction. APT price falls in China; spot activity picks up in Europe but sentiment still bearish Concentrate price stable amid slow trading European ferro-tungsten edges down on...Read More
A golden cross occurs when the 50-day moving average crosses above the 200-day moving average.Continue...Read More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
The crypto market selloff has changed the investment climate, CEO of Van Continue...Read More
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent oz. in 2019 compared to 2018.The company, which is currently merging with Newmont (NYSE: NEM), produced 630,000 oz. gold in 2018's fourth quarter at $850 per oz. gold all in sustaining costs (AISC). In 2018, it produced 2.29 million oz. gold, and expects to produce a similar amount of gold in 2019.The compan...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More
Russia's GV Gold is a step closer to becoming one of the country's top five producers after posting Monday an increase in output of more than a third helped by two newly launched mines in East Siberia.The miner churned out 304,400 ounces of gold last year, 36% more than a year earlier and a whooping 85% increase when compared to 2017, when it became Russia's No. 7 producer of the yellow metal.GV G...Read More
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) will not proceed with the construction of its C??t?(C) gold project, in Ontario, as it's waiting for improved market conditions before going ahead with the $1.15-billion investment, it said Monday.Chief executive Steve Letwin said his company had substantially de-risked the project, located in the Abitibi gold belt, and that it cont...Read More
Shares in Condor Gold (LON:CNR) climbed as much as 5.8% on Monday morning after it increased the mineral resource estimate at its 100%-owned La India gold project in Nicaragua, noting the potential for an expansion.The mineral resource update totalled 9.85 million tonnes at 3.6 grams per tonne of gold for 1.14 million of indicate ounces, a surge of 57,000 ounces from the previous update.The gro...Read More
A Haywood report reviewed recent data from this Australian asset. In a Jan. 23 research note, analyst Pierre Vaillancourt reported Haywood increased its recommendation on RNC Minerals (RNX:TSX) to Buy from Hold after the release of "encouraging" initial drill results from Beta Hunt and in advance of a more comprehensive report in mid-February.These new data from the Australian gold project are f...Read More
Money manager Adrian Day takes a look at the latest mega-merger in the gold industry. . .and is distinctly underwhelmed. Goldcorp Inc. (G:TSX; GG:NYSE, US$10.80)) is being acquired by Newmont Mining Corp. (NEM:NYSE) in an all-share transaction (0.3280 of a Newmont share for each GG share), at a modest 13% premium. The shares jumped $0.70 on the news. The combined company will be the largest gold...Read More
Sector expert Michael Ballanger reflects on financial and precious metals market fluctuations over the past month, as well as the status of one particular gold company. It was one month ago, on Christmas Eve, that Zero Hedge ran over three dozen articles on the crashing stock markets with a decidedly bearish bias to every single one of them. Stocks put in what is now seen as an historic bottom. W...Read More
Both companies are facing headwinds in ChinaDow Jones Industrial Average (DJI) futures are sharply lower, with the index set to give back all the gainsfrom Friday's temporary government shutdown relief. Investors still remain wary of political gridlock, after President Donald Trump told the Wall Street Journal on Sunday that another government shutdown is "certainly an option." Also pressuring m...Read More
CAT and NVDA blamed slowing China demand for their weak forecastsStocks dropped out of the gate, on dismal guidance from construction heavyweight Caterpillar (CAT) and chipmaker Nvidia (NVDA), with both citing weak demand out of China. Sinking oil prices and reports of massive lost revenue for the U.S. because of the government shutdown only added to the risk-off backdrop. At the close, the Dow, S...Read More