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
Over the years, I have always thought that the left's obsession with global warming was really just an excuse to push through a fully socialist economic agenda. After all, the radicalContinue...Read More
"As a peace gesture we are releasing the Indian pilot tomorrow," Prime Minister Imran Khan said to a joint session of parliament.Continue...Read More
Monthly European alloy surcharges for stainless steel products will increase sharply for March, largely because of resurgent nickel prices. This week's announcements by European stainless mills will mark the first time surcharges have not decreased for seven months. Alloy surcharges are designed to account for the non-ferrous component of various stainless steel grades, with the pri...Read More
While historically there have been three major events that altered political history, everyone on the left are cheering Cohen for what they hope will be the fourth. Continue...Read More
"Tonight a dude was creepily (and obviously) taking a picture of me while pretending he wasn't and I had to break his imaginary fourth wall and say 'Hi! I'm a person! This is weird!'" Continue...Read More
"The National Bank of Romania can deposit gold from the established reserve abroad exclusively for the purpose of Continue...Read More
Any impact to Chinese nickel pig iron (NPI) production from an expected power shortage in Inner Mongolia during April and May is likely to be limited, according to market participants.The city of Ulanqab in China's autonomous region of Inner Mongolia is expected to experience a severe power shortage in April and May, market sources told Fastmarkets, citing an unconfirmed announcement issued by cit...Read More
Vancouver-based ATAC Resources has laid out the first phase of its 2019 exploration program at the Rau project. Rau is located at the western end of the company's Rackla property 55 km northeast of Keno City.Exploration will follow-up on high grade gold, copper and silver results from last year with ground geophysical surveys, prospecting, mapping, soil sampling, and drilling at priority targets."...Read More
There are short- and long-term reasons why Barrick Gold Corp.'s latest approach to Newmont Mining Corp. has fallen on deaf ears.The short-term one is straightforward. As my colleague Liam Denning wrote on Monday, even if you believe some rubbery synergy estimates, the $17.8 billion deal just didn't look very generous to the shareholders of Colorado-based Newmont that Barrick Chief Executive Office...Read More
Canada's mining sector is going through dramatic change, but the industry remains bullish on growth, KPMG International's latest Global Mining Risk Report finds.While recent merger and acquisition transactions have raised concerns about the future of Canada's mining sector, domestic firms remain optimistic about growth opportunities. Canadian stock exchanges are the global leader in mining financ...Read More
Paul Crowley, CEO of First Vanadium, speaks with Peter Epstein of Epstein Research about the vanadium market and his company's plan to fast-track its flagship project in Nevada. First Vanadium Corp. (TVAN:TSX.V; FVANF:OTCQB) is one of the better known vanadium companies. Its CEO, Paul Cowley, can be seen in a number of video clips that I linked to at the bottom of the page. Despite being a blue c...Read More
This company is transforming the model for mineral exploration in the Western United States. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) has turned the parameters and expectations of a typical project generator around by substituting the traditional joint venture business model with its Option/Royalty Model. Trey Wasser, Ely Gold's President and CEO, told Streetwise Reports, "In just three y...Read More
With two large copper projects under its belt, one in the U.S. and one in Colombia, and with an Inferred resource of nearly 8 billion pounds of copper, this explorer is now taking on a copper-gold project in British Columbia's Golden Triangle. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB ) is a young company, having been formed in 2016, and since then it has been busy acquiring assets. The first...Read More
These new findings at the high-grade gold project are improved over last year's. Kerr's Copperstone projectKerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release it achieved gold recoveries of 97% during metallurgical testing at its Copperstone mine in Arizona. This compares to the 95% achieved in its 2018 prefeasibility study results.Testing also resulted in lower reagent con...Read More
Assays are back for the first 21 holes of a 61-hole drill program completed at Monarques Gold Corp.'s (TSX: MQR; US-OTC: MRQFR) McKenzie Break project and have extended the deposit laterally and at depth.The best intercept from the project, 35 km north of Val-d'Or, Quebec, was 61.20 grams gold over 2.6 metres starting from 254.8 metres downhole, including 265 grams gold over 0.6 metres in drill ho...Read More
A BMO Capital Markets report reviewed the firm's recent performance numbers and 2019 estimates. In a research note on Feb. 20, analyst Andrew Kaip reported that BMO Capital Markets upgraded Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) because it continues to successfully emerge from a transition year.Now rating it Outperform, BMO increased its target price on Osisko to CA$17 per share from CA$13,...Read More
The scope of the permit is described in this Haywood report. In a Feb. 20 research note, analyst Mick Carew reported that, in an "important milestone," Liberty Gold Corp. (LGD:TSX) received the plan of operations (POO) for Black Pine, a "highly prospective project similar to Goldstrike."Carew relayed the POO allows the company to drill year-round. As such, it will start a reverse circulation dril...Read More
The new resource numbers and expectations for 2019 are summarized in a CIBC report. In a Feb. 21 research note, Cosmos Chiu reported Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) released a company-wide resource update, in which total reserves expanded 24% to 5.75 million ounces (5.75 Moz). "Overall, our net asset value per share increases to $18.11 from $17.23 on the increased reserves and guidance...Read More
Para Resources Inc. (the "Company" or "Para") is pleased to announce the successful re-start of the Gold Road mill and CIL plant. Low-grade inventory is being used for the initial feed in order to properly balance the system. Higher grade production from current mining faces will be fed to the plant once steady state conditions are achieved, expected within several weeks. The full circuit, includi...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that a merger of the companies is the best, or the worst, option for them.Barrick launched its hostile bid for Newmont on Monday, and updated its presentation on Thursday, adding more information on the expected synergies and benefits of the deal.Barr...Read More