Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has named former BHP executive Darryl Cuzzubbo as the company's new boss, as the junior works to improve relations between the board and its largest shareholder.Cuzzubbo, who will take over on December 1, previously served as chief manufacturing supply officer at explosives maker Orica, where he moved in 2015 after a 24-year career at BHP.He is replac...Read More
NorthWest Copper (TSXV: NWST; US-OTC: NWCCF) has released the latest results from five drill holes into the high-grade copper-gold porphyry deposit of the Kwanika project, further extending the high-grade core.The news sent the British Columbia-focused explorer's Toronto-quoted equity soaring more than 13% at market open on Tuesday, given that the results demonstrate the wide distribution of high...Read More
ScoZinc Mining (TSXV: SZM) has released a prefeasibility study for its Scotia zinc-lead mine at Gays River, Nova Scotia. Using an 8% discount rate, the prefeasibility study gives the project an after-tax net present value of $128 million and an internal rate of return of 65%.The pre-production capital requirement is $30.6 million for a mine with a life of 14.3 years. Payback of the investment woul...Read More
This week's episode features Agnico Eagle Mines' Q3 conference call with CEO Sean Boyd, who discusses the company's recent merger with Kirkland Lake Gold, which he describes as a "regional consolidation opportunity." He also comments on record Q3 production, rising mining costs and the company's aggressive exploration strategy. All this and more with host Adrian Pocobelli.Music Credits:"Rattlesna...Read More
With the recent completion by Fission Uranium (TSX: FCU; US-OTC: FUCCF) of a 72-hole geotechnical summer program at the flagship Patterson Lake South (PLS) project in Saskatchewan, on schedule and with all goals successfully met, president and CEO Ross McElroy tells The Northern Miner the work required to complete a feasibility study is off to a "very strong start."The Kelowna, British Columbia-ba...Read More
Some Chinese regions could face tight gas supplies during peak demand periods this winter, with overall supply and demand finely balanced, but coal supply will be assured, the state planner said on Tuesday.Read full newsRead More
Sarama Resources Ltd. (Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce assay results fRead full newsRead More
Kitco News talks to Peter Schiff, one of the staunchest detractors of Bitcoin, and Alex Mashinsky, a pioneer in the crypto space and a top Bitcoin proponent, live on YouTube.In this special LIVE interactive debate moderated by Kitco News Editor-in-Chief Michelle Makori, we tackle the toughest arguments for and against Bitcoin and cover your questions on which assets offer the best wealth protecti...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 arehigher in midday U.S. trading Wednesday. Bulls stepped in to buy Tuesday's dipsin the metals' prices, which is a sign of strong markets. Gold and silver as aninflation hedge...Read More
I'm not going to lie...I'm a little frustrated right now.Maybe you are, too.Because maybe, like me, you can't really afford things right now.Maybe you've felt that way for a while and worried it'd get worse, and then it did.And maybe, like me, you and your feelings were dismissed by policymakers, politicians, and talking heads.You see, I've been warning about inflation for a year and a half now, a...Read More
(Kitco News) If stagflation is in the cards for next year, stocks could drop up to 50%, according to a simulation run by UBS.With inflation running hot globally and COVID-19 numbers still spiking across the globe, markets are starting to fear stagflation — a period described by high price pressures and slower economic growth.Latest inflation data out of the U.S. showed the consumer price ind...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 global silver market will see demand reach 1.29 billionounces this year, the first time it has breached 1 billion since 2015,according to the latest report from the Silver Institute.Wednesday, in it...Read More
Mr. Thomas Larsen reportsCHANNEL SAMPLING AT PORCO ADIT RETURNS 103M STRIKE LENGTH GRADING 521 AG EQ/T (INCLUDING 117 G AG/T, 1.44 G AU/T, 0.54% CU AND 0.66%SN) AT ISKA ISKA SILVER-TIN POLYMETALLIC PROJECT, POTOSI DEPARTMENT, BOLIVIAEloro Resources Ltd. has provided an update on its Iska Iska silver-tin polymetallic project in the Potosi department, southern Bolivia. To date, the Company has comp...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) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have...Read More
Dr. Michael Gunning reportsVR REPORTS 299 METRE INTERSECTION OF CRITICAL METALS AND REE'S IN THE FIRST OF FIVE DRILLS HOLES COMPLETED IN OCTOBER AT HECLA-KILMERVR Resources Ltd. has provided new data from the first of five holes completed in October at its Hecla-Kilmer (H-K) project in Northern Ontario. A 299-metre intersection in drill hole HK21-005, starting near surface, confirms the discovery...Read More
By David LawderWASHINGTON, Nov 16 (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday extended a deadline for a potential U.S. government default to Dec. 15 from Dec. 3, giving Congress more time to raise the federal debt ceiling as lawmakers also consider a massive social spending and climate bill.Yellen said in a letter to congressional leaders that the adjustment was "based on our most...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 arehigherin early U.S. trading Wednesday after hitting a three-week low overnight. A priceuptrend in place on the daily bar chartis in jeopardy and the bulls need to show m...Read More
Mr. Steve Parsons reportsGOLDSOURCE ANNOUNCES INFILL DRILL RESULTS FOR EAGLE MOUNTAIN, NEAR SURFACE HIGH-GRADE INTERCEPT OF 14.2 M (ETW) GRADING 20.0 GPT AUGoldsource Mines Inc. has released additional infill and expansion drill results for the company's 100-per-cent-owned Eagle Mountain gold project in Guyana, South America. Newly reported results are for 29 core holes totalling 3,269 metres from...Read More
Mr. Marcel Robillard reportsPUMA EXTENDS MINERALISED ZONE WITH HIGH-GRADE SAMPLES UP TO 46,8 G/T AU, INCREASING GOLD POTENTIAL AT THE WILLIAMS BROOK GOLD PROPERTYPuma Exploration Inc. has discovered nine new gold-bearing quartz veins along the O'Neil gold trend (OGT) and reports surface samples grading up to 46.8 grams per tonne gold, extending the gold mineralized corridor over a continuous dist...Read More