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
Mexican ferrous scrap prices posted widespread declines in the week ended on Friday September 17 despite steady demand in the country.Almost all scrap buyers reduced their prices during the week, with most reductions ranging from 300-500 pesos ($15-25) per tonne, market participants said.The movement was believed to be a lagged response to lower ferrous scrap prices in the United States due t...Read More
Commenting after Chesapeake announced plans to buy Vine Energy in a cash-and-stock deal which values the Blackstone Group-controlled E&P at around US$2.2 billion, analysts from natural resources consultancy Wood Mackenzie said: “We were confident 2021 would be a big year for Haynesville consolidation.“This deal really picks up the pace after Southwestern Energy/Indigo just tw...Read More
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage.In a paper published in the journal Nature Sustainability, the scientists explain that approximately 183 square kilometres of forest would be lost to new mines while an additional 7,626 square kilometres of forest would be lost as a conse...Read More
Greenland has become a hot topic ever since Donald Trump mentioned he'd like to buy it. At the same time, Greenland Resources Inc. (MOLY:CBOE; GRLRF:OTC) is advancing its molybdenum and magnesium project in Greenland with a new advisory hire, a 30-year license, and key EU supply chain breakthroughs. Read more about the strategic developments.Greenland Resources Inc. (MOLY:CBOE; GRLRF:OTC) has appo...Read More
Precious Metals traders have been hanging on every turn in the markets over the past 2+ years. The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals. Remember, 2016 was a very big US Presidential election year. 2020, being the next big US Presidential election year, is only a...Read More
Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More
Following up our detailed overview of AZS several weeks ago with V.P. Greg Hahn, I'm joined in this quick update by the ...Read More
"Gold is doing well, it will drag silver up," he said. "Silver has become a bit of a different market since the advent of the cryptocurrencies... once monetary demand comes back, you'll see silver accelerate because it's a small market." David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that cover...Read More
"Stay tuned to @ArcticStarExpl - This could be Finlands premier diamond play -right in the same crater as the grib! https://t.co/zjgIWY6yBz#ArcticStar $ADD $ADD.CA $ADD.V #Finland #Diamond #Mining #smallcap #momentumstocksUnderstanding diamond clarity: https://t.co/NV5KdhHdvj"Read full newsRead More
CNBC, Released on 10/21/21"These tough new rules raise the bar high in order to assure the public we serve that all of our senior officials maintain a single-minded focus on the public mission of the Federal Reserve," Fed Chairman Jerome Powell said in a statement.Continue... Fed to ban policymakers from owning individual stocks & bonds, restrict trading following insider trading scandal added by...Read More
U.S.Representative Alex Mooney (R-WV) introduced legislation this week to providefor the first audit of United States gold reserves since the EisenhowerAdministration.The Gold Reserve Transparency Act (H.R. 2559) – backed bythe Sound Money Defense League and government accountability advocates –directs the Comptroller of the United States to conduct a “full assay,inventory, and a...Read More
Tanzanian Gold (TSX: TNX; NYSE:TRX) has updated the resource estimate for its Buckreef gold project, about 110 km southwest of the city of Mwanza in north-central Tanzania.The Buckreef shear zone now contains 40.99 million tonnes grading 1.73 grams gold per tonne for 2.27 million oz. contained gold, up from a 2018 estimate of 21.99 million tonnes grading 1.54 grams gold per tonne for 1.09 million...Read More
shorts @MrBeast Channel is Worth At Least $20 Billion? - PBD Explains #mrbeast #pbdpodcast #valuetainment.Read More
Global demand for lithium is expected to rise from an estimated 47,300 tonnes in 2020 to 117,400 tonnes in 2024, according to a GlobalData report.Vinneth Bajaj, a senior mining analyst for GlobalData, said the increased demand would drive a corresponding upturn in lithium production over the same period."Lithium metal production is expected to reach 134,700 million tonnes versus 58,800 million ton...Read More
* India premiums at $3 versus discount last week* Premiums in China, Hong Kong edge higherMUMBAI/BENGALURU - Gold is trading at premium in India for the first time in more than two months on robust demand following a busy festival week, while a dip in global prices earlier this week helped bullion's appeal in some Asian hubs.Dealers in India, the world's second biggest gold consumer after China, w...Read More
The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More
Global ferrous scrap prices surrendered to the downward pressure created by weak mill demand and tepid finished steel sales during the working week from Monday November 12 to Friday November 16, with the exception of those in India.Turkish import scrap prices fell, with only four cargo bookings made during the week. Import prices in Taiwan and Vietnam also continued to trend downward. India's impo...Read More
Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More
OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More
Gold Fields Ltd. is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.Small teams of essential workers are using secret entrances to enter the mine and sometimes have to be smuggled in during the night to pump water, monitor equipment and undertake general maintenance...Read More