The Santa Rita mine in Brazil - one of the largest open-pit nickel sulphide mines in the world - remains fully operational with limited disruptions to the supply chain, owner and operator Atlantic Nickel reported on June 2.By the end of the first quarter, the mine completed its second and third shipments ahead of schedule, following its first shipment earlier in January.To date, the company has pr...Read More
Belgium's Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September 2019 into zinc firm Nyrstar NV that is looking into possible ties between the company and Trafigura, the world's number two metals trader.Geneva-based Trafigura took control of Nyrstar in early 2019 as part of a restructuring process that all but wiped out other shareholders. Investors ended up...Read More
NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMy family and I are regular users of Gumtree, both as buyers and sellers.Read More
24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More
Comet Resources Ltd (ASX:CRL) is pleased to announce that it has executed a binding heads of agreement (HOA) with privately owned El Alamo Resources Limited (EARL) for the proposed 100% acquisition (Acquisition) of the Santa Teresa Gold Project (Project), and concurrently executed a non-binding term sheet with Raptor Capital International Limited (Raptor) for a gold streaming and royalty financing...Read More
We are proud to present several companies which are new to the Investing News Network.Read full newsRead More
Northstar Gold Corp. is pleased to report recently received assayRead full newsRead More
An acclaimed debut novel of two orphaned children of Chinese immigrants struggling to survive during the Gold Rush days of the American WestRead full newsRead More
The space industry is yet to become a major mainstream investment theme. However, there are numerous reasons why this is potentially the biggest growth sector imaginable. Space investing belongs in the realm of thematics, which are investment areas covering high concept movements.Other thematics include AI, the Internet of Things, and electric vehicles. As momentum in these other areas has shown,...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories: Copper price rally builds as China's spending balloons - Read the story here. Bidding war for Guyana Goldfields heats up - Read the story here. Guinea approves SMB-Winning deal for Simandou - Read the story here. Novagold on defen...Read More
Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. Credit: Young Mining Professionals. The Young Mining Professionals (YMP) has announced the 2020 launch of its...Read More
Publisher's Note: Our gold recommendations around here are starting to take off in a big way. Some, like these here, have doubled or tripled over the past month.As the gold price continues at seven-year highs, many companies are now being re-rated higher. Especially those with established resources - Tier 2 resources - in safe jurisdictions.Revival Gold is one such company that Gerardo and I have...Read More
Northern British Columbia landscape. (Image by werner22brigitte, Needpix). The Association for Mineral Exploration (AME) announced Thursday that the Government of British Columbia is moving forward on one of AME's key recommendations related to the covid-19 outbreak - the extension of mineral exploration Notice of Work (NoW) permits to December 31, 2021. Any permits with an active authorization...Read More
(Image: Generation Grundeinkommen) The gold price jumped by almost $30 an ounce on Thursday clearing the $1,700 an ounce level as retail and institutional investors continue to pile into the metal seen as a safe haven in times of turmoil. Gold for delivery in August was trading at $1,723 an ounce in New York, logging gains in excess of $200 an ounce so far in 2020. Continuing the recent growth st...Read More
O3 owns 435,000 hectares of ground in Qu?(C)bec, including 61,000 hectares in Val d'Or. (Image by Tobie Charette, Wikimedia Commons) O3 Mining (TSXV:OIII) announced Thursday it has expanded its current drill program in Val d'Or, Qu?(C)bec, by 200%, which include the Malartic, Alpha and East Cadillac properties.So far, the company has drilled approximately 26,000 metres as part of a 50,000-metre p...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 4 that are worth another look.Workers of Tata Steel Netherlands have voted in favor of industrial action to protest planned redundancies, trade union FNV Metaal said on June 4.Russian President Vladimir Putin has declared a state of emergency after an accident at a plant operated by a subsidiary of top nickel and palladi...Read More
The recent tariffs and trade wars had already stretched global supply chains to breaking point, but the Covid-19 pandemic broke those chains, according to a report by Gold Street Advisors (GSA).In a wide-reaching analysis on the impact of the pandemic on metals markets and what will change in its aftermath, the New York, United States-based asset management and risk advisory firm said that going f...Read More
The three-month copper price on the London Metal Exchange was higher at the close of trading on Thursday June 4, recovering from a morning slump to breach nearby resistance levels amid low turnover.Meanwhile, a weaker US dollar index and continued buying interest from Asia kept the base-metals complex supported through the afternoon.This came despite a broad downward revision of the European Centr...Read More
Katanga Mining has been taken private by Glencore International AG after shareholders voted overwhelming in favor of a definitive agreement to amalgamate the company with 836074 Yukon Inc, a wholly-owned Katanga subsidiary. A special meeting of shareholders was held on Tuesday June 2, with the deal - recommended by the Katanga board - getting 99.9% approval during a vote. The result of the vo...Read More
Flows in the region are historically more correlated with gold's price behaviour and while much of the March volatility has receded, many of the same price drivers remain in place, including new ones such as questions over how the lower, or negative, rate environment, coupled with a quick uptick in inflation expectations, augurs for gold.Also impacting demand is the continued social and economic u...Read More