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 Metals Focus, a leading independent precious metals research consultancy, gold production from 16 biggest gold miners has become more energy, carbon, water and land intensive since 2014.In...Read More
Mr. Peter Dembicki reportsTIER ONE SILVER INTERSECTS 4 METRES OF 211 G/T SILVER EQUIVALENT AND ENHANCES DRILL TARGETING AT CURIBAYATier One Silver Inc. has provided results from drill holes 2 and 3, both of which were drilled prior to recent targeting advancements that are based on newly identified feeder structures and channel sample results. Drill hole 3 intersected several zones of mineralizati...Read More
Mr. Darwin Green reportsHIGHGOLD COMMENCES DRILL PROGRAM AT MUNRO-CROESUS PROJECT, TIMMINS AREA, ONTARIO AND ACQUIRES ADDITIONAL TIE-ON CLAIMSHighgold Mining Inc. has started a phase 1 3,000-metre drill program at its Munro-Croesus project located in the Timmins gold camp, Ontario, Canada. The program will follow up on encouraging results at vein targets identified peripheral to the historic Croes...Read More
(Kitco News) More Americans are quitting their jobs as they cite "financial freedom" gained from their crypto investments, according to a recent survey.A Civic Science poll showed that 4% of 6,471 respondents resigned from their jobs in the past 12 months, citing "financial freedom" due to their crypto investments.Another 7% of the respondents answered that they knew someone who had quit their job...Read More
Mr. Darren Hall reportsCALIBRE REPORTS STRONG THIRD QUARTER AND YEAR-TO-DATE 2021 RESULTS, ON TRACK TO ACHIEVE UPPER END OF 2021 PRODUCTION GUIDANCE, ADVANCING ACQUISITION OF FIORE GOLD CREATING A DIVERSIFIED, AMERICAS-FOCUSED, GROWING MID-TIER GOLD PRODUCERCalibre Mining Corp. has released its financial and operational results for the three and nine months ended Sept. 30, 2021. The interim consol...Read More
Sandstorm Gold Royalties Announces 2021 Third Quarter Results and Initiation of Dividend ProgramCanada NewsWireVANCOUVER, BC, Nov. 3, 2021Read More
(Kitco News) - The Federal Reserve announced it will be windingdown its bond-buying program later this month. The process will involve a $15billion monthly reduction from the current $120 billion a month the Fed isbuying currently. "The bull market is going to crack eventually because theconsecutive monthly tapering is going to hurt the markets the most," AlasdairMacleod, Head of Research at Gold...Read More
Mr. Raphael Gaudreault reportsARIANNE PHOSPHATE FURTHERS ITS WORK ON ADVANCED BATTERY TECHNOLOGIES Following preliminary test work, conducted in collaboration with several battery industry participants, Arianne Phosphate Inc. will now be sending out its high-purity phosphate concentrate for a more detailed analysis.This next stage of testing has been designed to meet specifications provided by a m...Read More
Mr. Bob Willis reportsSUN SUMMIT APPOINTS SHARYN ALEXANDER AS PRESIDENT AND PROVIDES UPDATE ON ITS EXPLORATION DRILL PROGRAM AT BUCKSun Summit Minerals Corp. has provided a corporate update and inform shareholders on drilling progress at its 100-per-cent-controlled Buck property in central British Columbia. Two drill rigs are currently operating on site.HighlightsStrengthens executive team by appo...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 gold market is once again in striking distance of $1,800. Newmomentum could propel it higher as markets could readjust their expectationsregarding potential interest rate hikes from the Federal Res...Read More
Mr. Michael Bennett reportsALTAMIRA GOLD INTERSECTS DISSEMINATED SULPHIDE MINERALIZATION IN INITIAL DIAMOND DRILL HOLES AT THE APIACAS PROJECTAltamira Gold Corp. has provided an update regarding drilling at the central part of the Mutum target area in the Apiacas project area, which historically produced an estimated one million ounces of placer gold. The project is located within the Alta Florest...Read More
(Kitco News) The gold market is stuck in a Groundhog Day time loop, with prices trading in a narrow range between $1,750-$1,800 an ounce, according to MKS PAMP GROUP.There is no driver strong enough to push gold below $1,750 an ounce or above $1,800 an ounce, said MKS PAMP GROUP head of metals strategy Nicky Shiels."There's certainly an apprehension to sell gold post the Powell presser for fear 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) - Gold and silver prices onThursday recovered all of Wednesday"s sharp losses. It appears metals traders werepreparing for a hawkish FOMC statement and tone from Fed Chairman Jerome PowellWednesday afte...Read More
Here are five Fastmarkets stories you might have missed on Thursday November 4 that are worth another look.The agreement reached between the United States and the European Union regarding the replacement of Section 232 tariffs will support domestic prices for flat steel in Europe but...Read More
Bob Moriarty ArchivesNov 4, 2021Granite Creek Copper (GCX-V) has 100% ownership of a 176 square km copper/gold/silver property named theCarmacks project located in the Minto Copper Belt in the Yukon. The high-grade copper project is on trend with the Mintocopper mine. We shall see why that is very important to the future of the company shortly.The project hadcompleted a 43-101in 2018 showing an M&...Read More
Major companies in logistics and heavy industry have come together as part of an initiative launched by the World Economic Forum at the the 2021 United Nations Climate Change Conference - COP26 - in Glasgow to create a critical mass of demand for low carbon technologies aimed at decarbonising heavily polluting sectors.The First Movers Coalition, announced on November 4, is a partnership between th...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 gold market is seeing a modest push higher, unfazed bysteady positive momentum in U.S. labor market.Thursdaythe U.S. Labor Department said that weekly jobless claims fell to a new pandemiclow, dropp...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 Bank of England kept rates on hold 7-2 vote split. Big surprise for investors, many of whom had assumed it would hike rates. QE carries on as planned (up to £895bn). Inflation is now forecast...Read More
Base metals prices on the London Metal Exchange were down across the board at the 5pm close on Thursday November 4, with strength in the United States Dollar supporting price weakness across the complex.The US Dollar Index was most recently at $94.39 after hitting an intraday high of $94.47, the highest level since October 13, with base metals trading downward as a result. The three-month alu...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) - First Majestic Silver Corp's plan to stockpile its silverdidn't pan out as expected after the company reported a 1% drop in revenues inthe third quarter.Thursday, ahead of the North American equity ope...Read More