In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already own in an all share deal.Dundee acquired the shares for about 80 ? - a 63% premium to INV Metals' closing price on the Toronto Stock Exchange on May 28. Iamgold (TSX: IMG; NYSE: IAG), INV's largest shareholder at...Read More

Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal.Makosa contains 15.3 million inferred tonnes grading 1.5 grams gold per tonne for 730,000 oz. of contained gold. The estimate was based on 35,728 metres of drilling. The Makosa resource encompasses the Makosa, Makosa North and Makos...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering.The smelter will be the most extensive of its kind in Africa and one of the largest single-line flash smelters in the world.The US$700 million project is expected to speed along Ivanhoe's ambition to produce environm...Read More

The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into the green energy and electric vehicle era. Meanwhile, industry discourse surrounds the recognition that for full electrification the world is going to need to mine a lot more - and a lot smarter.A new Edumine course: 'What is Mining' answers the ques...Read More

Chinese nickel sulfate producers face difficult annual contract negotiations for 2022, with upstream miners taking an aggressive stance while downstream battery precursor material producers are hinting at lower demand amid plans to implement integrated operations.The Chinese nickel sulfate price has undergone considerable volatility in 2021, climbing in August to its highest since Fastmarkets bega...Read More

TheNewswire November 18th, 2021 - Opawica Explorations Inc. engagRead full newsRead More

Medallion Metals Limited (ASX:MM8, theRead full newsRead 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) - Metals Focus, a leading independent precious metals research consultancy, estimated that gold jewelry market in the United States has remained robust through 2021, despite the slump in consumer confide...Read More

(Kitco News) According to analysts, with all eyes on the U.S. President Joe Biden's Federal Reserve Chair pick, gold is waiting for its next catalyst to take it to $1,900 an ounce, with markets eyeing year-end volatility.Gold is wrapping up this trading week down 1%, with December Comex gold futures last trading at $1,848.60, down 0.69% on the day.One of the main events the market is watching very...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) - According to data by the Australian Government Department of Industry, Science, Energy and Resources (DISER), in 2021, world gold supply is forecast to increase by 2.7% to 4,840 tonnes, driven by highe...Read More

(Kitco News) - Although many Wall Street analysts expect gold prices to remainabove their breakout levels, sentiment has fallen from last week as theprecious metal is likely to consolidate in the near term.The gold prices didn't see much follow-through following theprevious week's breakout rally. However, many analysts have said that they areencouraged because prices have held well above critical...Read More

WASHINGTON, Nov 19 (Reuters) - President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change passed the U.S. House of Representatives on Friday, sending it to the Senate where negotiations will continue.The House passed the measure in a 220-213 vote, which was postponed after an overnight speech by the chamber's top Republican opposing the measure.Its fate is...Read More

Inflation has been building for many months, said Thorsten Polleit, chief economist at Degussa.In November Polleit spoke to Kitco at the Deutsche Goldmesse show in Frankfurt, Germany.Last week the the U.S. Labor Department said headline inflation rose 6.2%, the largest yearly increase in headline inflation since November 1990.The Biden administration and Fed officials have stated that inflationary...Read More

It was 1:30 p.m. on a lazy Sunday. The sun was out and the weather was perfect, and so I settled back into my chair to enjoy a glass of spiked iced tea. But before I could finish a single sip, the 71,000 strangers sitting around me suddenly leapt to their feet, screaming at the top of their lungs, the air reverberating around me with a thunderous roar. My moment of peace was interrupted. So what e...Read More

Last weekwas pivotal for the precious metal's complex, with the gold price breakingthrough key resistance at $1840. Inside of a run that saw the safe-haven metalmove higher on seven consecutive trading sessions, it was last Wednesday'sprice action that finally broke this level, closing the session on a strongmove higher with excellent volume. Afterpassing the $1,840, which was also downtrend line...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) - Bitcoin-U.S. dollar prices are nearsteady in early U.S. trading Friday, after hitting a five-week low overnight. Aprice uptrend?, on the daily bar chart hasnow been negated. That?? EUR (TM)s bearish...Read More

One thing we know for absolute certainty: trading is difficult. We have challenges everywhere, from opinions that control our trades to lousy trading conditions and emotions. These are the facts traders battle every day, the biggest being their emotions.Based on our algorithms and what we can see as traders, the trend is higher in gold, silver and platinum. However, we can also see the sellers try...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) - Switzerland has exported more gold to China in the month of October more than in any month since June 2018, according to Swiss customs data. The data showed that shipments of gold to India fa...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) -Goldprices are modestly higher in early U.S. trading Friday, as some keeneruncertainty has entered the marketplace late this week, to support the safe-havenmetal. However, a slumping crude oil market is...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) - Russian bank VEB.RF (VEB) announced today the signing of a loan agreement with the Uzbek Almalyk Mining and Metallurgical Plant JSC (AMMC), pursuant to which VEB will provide a loan to AMMC in the amou...Read More