Mr. John Williamson reportsBENCHMARK DRILLS 3.05 METRES OF 57.65 G/T GOLD EQUIVALENT WITHIN 68.58 METRES OF 3.22 G/T GOLD EQUIVALENT AT CLIFF CREEKBenchmark Metals Inc. has released new results from infill drilling at the Cliff Creek Mid zone, including 3.05 metres core length of 56.65 grams per tonne gold and 79.75 g/t silver or 57.65 g/t gold equivalent* within 68.58 m core length of 3.07 g/t go...Read More
Mr. Alastair Still reports GOLDMINING REPLACES EXISTING NET PRODUCTION ROYALTY ON THE CACHOEIRA PROJECT WITH NET SMELTER ROYALTY WITH BUY-BACK OPTION BRI Mineracao Ltda., a wholly owned subsidiary of Goldmining Inc., has completed a transaction to replace the remaining 1.33-per-cent net production royalty on the company's Cachoeira project in Brazil, with a 0.5-per-cent net smelter return royalty,...Read More
WASHINGTON, Nov 8 (Reuters) - Randal Quarles, who served as the U.S. Federal Reserve's vice chair for supervision and most powerful bank regulator until last month, announced Monday he will step down as a bank governor at year's end, closing a four-year term during which critics said he was too friendly towards Wall Street.Quarles's exit also will open up another slot for President Joe Biden to fi...Read More
Mr. Guy Goulet reportsCERRO DE PASCO RESOURCES TO ACQUIRE TREVALI'S SANTANDER MINECerro de Pasco Resources Inc. has entered into a share purchase agreement with Trevali Mining Corp., pursuant to which it will acquire Trevali's Santander mine, located approximately 215 kilometres northeast of Lima, Peru, and comprising an underground mine, a 2,000-tonne-per-day processing mill, a conventional sulph...Read More
NEW YORK, Nov 8 (Reuters) - Inflows into bitcoin products and funds have hit a record $6.4 billion so far this year, data from digital asset manager CoinShares showed, as investors bought the cryptocurrency on more widespread government acceptance and positive momentum.Bitcoin inflows totalled $95 million last week, representing the largest inflows of all digital assets, while inflows during an ei...Read More
Mr. Mac Balkam reportsESKAY MINING ENCOUNTERS BROAD INTERCEPTS OF PRECIOUS METAL RICH STOCKWORK FEEDER MINERALIZATION AT TV INCLUDING 47.8M GRADING 5.2 GPT AU EQ WITHIN 140.3M GRADING 2.6 GPT AU EQ AND 44.4M GRADING 4.7 GPT AU EQ WITHIN 92.3M GRADING 2.7 GPT AU EQEskay Mining Corp. has released the first assay results from its 2021 diamond drill campaign at its 100-per-cent-controlled Consolidated...Read More
Mr. Quentin Yarie reportsRED PINE INTERSECTS 3.08 G/T GOLD OVER 55.66 METRES AT ITS NEW DISCOVERY ON THE WAWA PROJECTRed Pine Exploration Inc. has released results froma significant gold intersection from its 2021 drilling program in the Surluga South discovery area of its Wawa project in Ontario.The Surluga South discovery is now extending up to 500 metres downdip from the boundary of the current...Read More
WASHINGTON (Reuters) -U.S. Federal Reserve officials on Monday turned their focus towards a debate over interest rate policy that is likely to intensify in coming months, with one top official saying the conditions for a rate hike could be met next year with job growth expected to continue and inflation already pushing beyond comfortable levels.Fed Vice Chair Richard Clarida said that while the Fe...Read More
Mr. Quentin Yarie reportsRED PINE ANNOUNCES CHANGES TO MANAGEMENTRed Pine Exploration Inc. has made changes to its leadership. Administration Effective immediately, Greg Duras, chief financial officer, will be leaving Red Pine Exploration. The company would like to thank Mr. Duras especially for his efforts during the acquisition of the company's joint venture partner, which occurred earlier this...Read More
ReutersSYDNEY, Nov 8 (Reuters) - Bitcoin rallied toward its all-time high on Monday and ether climbed to a fresh record as cryptocurrencies rode a wave of momentum, flows, favourable news and inflation fears.Bitcoin jumped more than 4% to as high as $66,170, approaching the unprecedented $67,016.50 level reached on Oct. 20, while ether - which underpins the ethereum network - sat at a record top o...Read More
Gold, silver and platinum appear to be on the launching pad, ready to blast off to the upside. All three are pushing through their resistance levels, making a run to the upside a high probability. The pattern should start has become increasingly bullish. We must remember that nothing in trading is 100%, but all signs point higher. The next major levels to watch are gold $1,835 December future...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - AngloGold Ashanti, one of the largest gold producers worldwide, today reported that its Q3 2021 production of 613,000oz was down 17% year-on-year, excluding Obuasi, which resumed underground mining act...Read More
EMERYVILLE, Calif., Nov. 8, 2021 /PRNewswire/ -- Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biotechnology company accelerating the world to sustainable consumption through its Lab-to-MarketTM operating platform, today announced it has entered into a 50:50 joint venture arrangement with ImmunityBio, Inc. (Nasdaq: IBRX), a clinical-stage immunotherapy company, to accelerate the commercializat...Read More
Here are five Fastmarkets stories you might have missed on Monday November 8 that are worth another look.The United States is looking carefully at steel projects in Southeast Asia in which China has invested, after US trade representative Katherine Tai said that she supported updating US trade laws to combat the circumvention of...Read More
StrengthsOf the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Doge Universe (SPACEXDOGE), rising 511,160.61%.New York City Mayor-elect Eric Leroy Adams said he would take his first three paychecks in Bitcoin. He tweeted the news on Thursday and mentioned that “NYC is going to be the center of the cryptocurrency industry.”Compounding and saving in Bitcoi...Read More
Modest gains were seen in base metals futures prices at the 5pm close of trading on the London Metal Exchange on Monday November 8 because of a weaker US Dollar Index, which supported price increases.Aluminium led the gains, its price increasing by almost 2% to $2,605.00 per tonne, up from $2,556.50 per tonne at Friday's 5pm close. This rise followed a 5% decline in the three-month price for the l...Read More
The publication of Fastmarkets' monthly blister copper refining charge for October was delayed due to a reporter error. Fastmarkets' pricing database has since been updated with the following price, originally scheduled to be published on last working day of October. Fasstmarkets' price assessment for opper blister 98-99% RC spot, cif China was $150-170 per tonne on Friday October 29 and as u...Read More
NIAMEY, Nov 8 (Reuters) - At least 18 people were killed onSunday in an artisanal gold mine collapse in southern Niger, thelocal mayor said on Monday.The disaster took place in the southern Maradi region, nearthe border with Nigeria. The death toll is likely to rise, saidAdamou Guero, mayor of the commune of Dan Issa."When we arrived at the site yesterday, people were stillsearching for bodie...Read More
Here are five Fastmarkets stories you might have missed on Monday November 8 that are worth another look.The United States is looking carefully at steel projects in Southeast Asia in which China has invested, after US trade representative Katherine Tai said that she supported updating US trade laws to combat the circumvention of...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Russia's Polymetal said today that its Board has approved a US$ 447 million investment in the 4.0 Moz Veduga gold project, a high-grade refractory gold deposit located in a prolific Northern Yenisey go...Read More