Australian diversified major Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with the United States Geological Survey (USGS) to hunt for critical minerals beneath the Continental Divide near Montana's Boulder Batholith.For the first time, the USGS has partnered with a resource company to fly airborne geophysical surveys in areas of interest in 2022 as part of its Earth Mapping Resources In...Read More
NorthWest Copper (TSXV: NWST) has hit the highest-grade copper-gold interval ever intersected at Kwanika, one of the two deposits at the company's advanced-stage copper-gold exploration project in British Columbia.The high-grade interval consists of massive to semi-massive copper and gold mineralization at a moderate depth in the western half of the deposit. It expands the high-grade portion of th...Read More
More than 10% of the global container fleet is waiting for berths to become available around the world, with effective capacity being "severely limited by port congestion," shipping giant Maersk said this week.While all vessels have been deployed, 12.5% of capacity has been removed while effects of vessel delays continue to worsen, it said, quoting Sea-Intelligence Maritime Analysis.Trade growth m...Read More
VANCOUVER, British Columbia - October 27, 2021 /CNW/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or [...]Read full newsRead More
The company is currently focused on developing a heap leach mining operation (HLMO) at the project - where exploration confirmed broadly...Read full newsRead More
Raiden Resources Limited (ASX: RDN) (Read full newsRead More
(Kitco News) Commodity supercycle or not, copper has one of the "most bullish cases" around, said Lobo Tiggre of The Independent Speculator.No matter the general sentiment around commodities, the copper supply-side ensures price gains in the future."I like copper a lot. It is one of the most solid bull cases. And even if the commodity supercycle does roll over, I could see copper keep on going," T...Read More
The coronavirus pandemic sharply altered the way we interact with media. You may think we now consume more broadcast TV, streaming content, or online news. But a funny thing happens when people lose trust in the media and get tired of seeing mass murder on the newest Netflix special.We've thankfully turned to books and other forms of media that make us feel human again, that connect us to one anot...Read More
The world's largest gold miner, Newmont (TSE:NGT), said today it produced 1.45 million attributable ounces of gold during Q3. The all-in-sustaining-cost was $1,120 per ounce. The company said it generated $1.1 billion of cash from continuing operations and $735 million of free cash flow.Gold production in Q3 was the same as the prior quarter, but down from a year ago due to "... lower throughput a...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) - Gold pricesare mildly higher in midday trading Thursday, on a choppy and two-sided tradingday. Solid losses in the U.S. dollar index today are prompting some buyinginterest in the precious metals mark...Read More
(Kitco News) The U.S. economy slowed sharply in the third quarter, the U.S. Bureau of Economic Analysis reported on Thursday. The advance estimate showed that the U.S. Q3 GDP rose 2% versus the market's expectations of a 2.7% increase. In the second quarter, the U.S. GDP came in at 6.7%."The increase in real GDP in the third quarter reflected increases in private inventory investment, personal con...Read More
WASHINGTON, Oct 28 (Reuters) - U.S. President Joe Biden said on Thursday he had secured a new $1.75 trillion framework for economic and climate change spending that could pass the Senate, and expressed confidence it would win the backing of all wings of the Democratic Party."Today I'm pleased to announce after months of tough and thoughtful negotiations, I think we have, I know we have a historic...Read More
Mr. Tyler Hill reportsI-80 GOLD INTERSECTS HIGH-GRADE GOLD IN UNDERGROUND DRILLING AT GRANITE CREEKi-80 Gold Corp. has released positive initial assay results from the continuing underground drill program at the company's Granite Creek propertylocated in Humboldt county, Nevada. High-grade results from drilling from the 4740 level targeting mineralization in the Otto and Adam Peak fault horizons p...Read More
Mr. Quentin Yarie reportsRED PINE ANNOUNCES COMPLETION OF SALE OF ALGOMA-TALISMAN PROPERTYFurther to its press release dated Aug. 20, 2021, Red Pine Exploration Inc.has completed the sale of all of Red Pine's Algoma-Talisman gold prospective property, located in Newton township, Ontario, to Newton Gold Corp. for a total purchase price of$1.05-million.Red Pine has now received the remaining$500,000...Read More
(Kitco News) The initial weekly jobless claims declined 10,000 to 281,000 in the week to Saturday, beating market expectations and marking a fresh pandemic low.Economists' consensus calls projected for initial claims to come in at 290,000 following the revised level of 291,000 reported in the previous week. The four-week moving average for new claims - often viewed as a more reliable measure of th...Read More
EMERYVILLE, Calif., Oct. 28, 2021 /PRNewswire/ -- Amyris, Inc., (Nasdaq: AMRS), a leading synthetic biotechnology company active in the Clean Health, Beauty and Wellness markets through its consumer brands and a top supplier of sustainable and natural ingredients, today announced that it will issue its financial results for the third quarter ended September 30, 2021 after the close of the financi...Read More
Gold, Silver and Platinumhave been setting up for a much bigger move. The recent price action has beenwild enough to make traders and investors want to pull out their hair. Fromlast Friday'shard sell-off from up 30.00 to yesterday's whip around theunchanged line.The metals look to gohigher, possibly a significant move. We are long and can only see one level ata time. Making a dramatic prediction i...Read More
Mr. David Wolfin reports AVINO ACQUIRES NEIGHBORING LA PRECIOSA PROJECT; ADDS SIGNIFICANT PRODUCTION POTENTIAL TO GROWTH PROFILE, AND SUBSTANTIALLY ENHANCES ITS MINERAL RESOURCES Avino Silver & Gold Mines Ltd. has entered into a share purchase agreement to indirectly acquire through the purchase of the shares of certain holding companies, the La Preciosa property from Coeur Mining Inc. (NYSE:...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) - The European Central Bank have kept rates and asset purchase unchanged. This was widely expected but questions remained about if the statement would include any details on rising inflation an...Read More
Mr. John Williamson reportsBENCHMARK DRILLS 30 METRES OF 2.81 G/T GOLD EQUIVALENT AND DELINEATES 400 METRES STRIKE-LENGTH OF MINERALIZATION IN NEW ZONEBenchmark Metals Inc. has released new results from exploration drilling at the Marmot zone, including 30 metres (m) core length of 1.93 grams per tonne (g/t) gold and 70.33 g/t silver or 2.81 g/t gold equivalent* (AuEq) in drill hole 21MLDD004. The...Read More