Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced.The restart of the mine, which has been placed on care and maintenance since March 23, will be dependent on several factors, the company said, including its ability to establish safe and stable operating protocols, as well as the availability of...Read More
Harte Gold's (TSX: HRT) Sugar Zone mine is back up and running, following a temporary shutdown at the end of March due to the Covid-19 pandemic.According to the company, longhole blasting and ore haulage rates underground are improving, and development and backfill activities are meeting or exceeding expectations. With a mill restart planned for August, Harte has built up a stockpile of feed for...Read More
Chile's Chamber of Mines and unionized workers have rejected a proposal put forward by parliament members to sell state-owned Codelco, the world's largest copper miner, in order to finance the country's response to the coronavirus pandemic.The plan, laid out in an internal memo to members of the Independent Democratic Union (UDI) party, triggered stern criticism from both sector representatives an...Read More
Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More
NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More
Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More
Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More
Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More
Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More
NV Gold Corporation is pleased to announce that the Company, furtRead full newsRead More
Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More
The Canadian stock market made a remarkable rebound in the last four months after bottoming out in March. While the recovery was primarily due to government support, chances are pretty high that the equity market could crash again before the pandemic is gone.One could infer from the weak economic indicators, high unemployment rate, and continued increase in coronavirus infections that another stoc...Read More
There should be little doubt that investors should be leafing through their recession playbook right about now. Investors buying shares in gold miners have a playbook of their own. Today, let’s consider a few ways to make that long-term position in gold miners really pay off.The return of value investing2020 was a bad year to start buying shares in gold miners if decent value for money forms...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Rio Tinto set on building long-delayed Simandou - Read moreForget the gold price, copper was most profitable covid-19 trade - Read moreUS moves to boost domestic production of strategic minerals - Read moreNew Century, Vale delay nickel mine deal - Read moreGiant Alaska copper-...Read More
If you have invested in gold, you have reasons to be happy, as the precious metal has gained about 30% this year. It should hit US$2,000 very soon. The party is expected to go on for a long time, as Bank of America predicts the yellow metal will hit US$3,000 an ounce over the next 18 months.Fears about the economy are driving the yellow metal rallyInvestors are pouring their money in the precious...Read More
Publisher's Note: Today we're bringing you an excerpt from The Dines Letter.You'd be hard-pressed to find a more experienced market analyst than Mr. Dines, and it'd be even harder to find one as accomplished. Read on for an important message we should all keep in mind from the "Original Goldbug".Call it like you see it,Nick Hodge While we still favor some precious metals, ________ is a different...Read More
Image courtesy of Kirkland Lake Gold via Flickr. Kirkland Lake Gold (TSX, NYSE: KL) (ASX: KLA) on Thursday reported strong financial and operating results for the second quarter of 2020 despite disruptions caused by covid-19.Adjusted net earnings came to $219.3 million ($0.79 per share), double the Q2 2019 level of $109.8 million ($0.52 per share) and 22% higher than the $179.2 million ($0.70 per...Read More