Shares of Unigold (TSXV: UGD) rose 46%, or 14.5 ?, to 46 ? per share following positive drill results from its Candelones Extension deposit, which is part of the company's 210-sq.-km Neita Concession in the Dominican Republic.Recent drilling was designed to test potential epithermal feeder systems at Targets B and C of the deposit. The first hole to test post-mineral mafic dikes intersected a high...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) has been granted 10 new exploration licenses in Tanzania, where, until recently, it was locked in a three-year conflict over taxes and mine ownership.The Toronto-based miner, which operates three mines in the African country through Twiga Minerals, added it would spend US$8 million carrying out exploration in Tanzania this year.Twiga Minerals was born last year...Read More
Canada's Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world's largest gold and silver streaming companies, said today it has been approved by the U.K. financial regulator to list on the London Stock Exchange (LSE).The Vancouver-based firm, which already trades in Toronto and New York, will make its debut on the LSE on Oct. 28 under the ticker WPM.The move will make Wheaton the largest...Read More
O3 Mining (TSXV: OIII) completed a preliminary economic assessment (PEA) of its Marban gold project in Quebec after only four months, and is on track to start a prefeasibility (PFS) study in 2021 and complete it by 2022.The company, which was spun out from Osisko Mining (TSX: OSK) in early 2019, was able to fast-track Marban because more than $60 million had been invested in the asset before Osisk...Read More
The MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including plug-in hybrids) around the world, continued to recover month on month in July, after dropping to its lowest level since January 2018 in April.With the exception of cobalt, there was a modest sequential uptick in battery raw material deployed in August, but year on year growth is ac...Read More
QMX Gold (TSXV: QMX) has drilled 44.4 grams gold per tonne over 2 metres from 170 metres downhole at its River Target, 1 km west of the past-producing Herbin mine and 16 km northwest of the junior's Bonnefond deposit. The Lac Herbin underground mine produced about 172,650 oz. gold between 2008 and 2016.The interval came from a second mineralized zone within drill hole 17421-20-056, which also retu...Read More
Polyus PJSC, Russia's largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world's biggest reserves.Read full newsRead More
Alianza Minerals Ltd. (TSXV:ANZ) (OTC:TARSF) (Read full newsRead More
Even Warren Buffett, one of the greatest investors of our time, bought some gold for his portfolio. Specifically, in the second quarter, he invested approximately US$565 million in Barrick Gold (TSX:ABX)(NYSE:GOLD) through Berkshire Hathaway. Since then, the gold miner stock has only appreciated about 7%.Usually, Buffett doesn’t trade in and out of stocks quickly. He would potentially sell h...Read More
LONDON, 9 October 2020 - BullionVault is today called a "pioneer" in physical gold investment by Handelsblatt, the No.4 top-selling newspaper in Germany.Comparing different ways of buying precious metals for investment, ownership of large gold bars stored in specialist vaults is now available from 1 gram at a time, the newspaper explains."The pioneer is the British supplier Bullionvault."Handels...Read More
LONDON, 28 September 2020 - Comment from BullionVault features in today's 'big read' in the Financial Times, looking at how 2020's surge in gold investing demand has offset the collapse of consumer purchases amid the global virus pandemic."Asian buyers [tend to] put a floor under the market," the FT says, quoting Adrian Ash, director of research at BullionVault."But with demand being so abject in...Read More
LONDON, 27 September 2020 - Demand to buy silver on BullionVault last week outstripped gold demand for the first time reports today's Sunday Times, reaching a total of ?22.9 million against ?20.6m.Also quoting BullionVault analysis as well as its trading data, "Silver, like gold, acts as a safe haven asset and store of value," says the UK's best-selling Sunday broadsheet.Read the full story in t...Read More
LONDON, 3 August 2020 - BullionVault analysis features today in Die Welt reporting on the outlook for industrial precious metals led by silver.With gold prices setting new all-time highs this week, "In the coming months strong industrial demand for silver could have a positive impact on its price," says Germany's 5th best-selling daily newspaper, quoting BullionVault's Adrian Ash.Read the full sto...Read More
LONDON, 29 July 2020 - Fear of inflation is not the prime motivation for people investing in gold reports finance-professionals site Citywire today, quoting a survey of BullionVault users.Instead, 61% of the 1,300 respondents to BullionVault's twice-annual poll this month believe bankruptcies and defaults due to the Covid pandemic now pose the largest threat to global financial stability.Read the...Read More
LONDON, 29 July 2020 - BullionVault is named today as a way for private investors to buy physical silver by the UK's Daily Telegraph.Subscribers can read the full story here:Forget gold, silver is rising faster and will continue its run Read More
LONDON, 28 July 2020 - Comment from BullionVault features today in a report on 2020's surge in demand for physical gold storage from today's New York Times.Investors face "a multitude of options," says the 3-page report, "from burying in the backyard to posh steel-lined vaults." Read the NYTimes story in today's edition or online here:Where Is All That Gold Being Stored? 2020-07-28 15:01:06 Read More
LONDON, 28 July 2020 - BullionVault director of research Adrian Ash was a guest today on Sky News' flagship lunchtime business show.Explaining what is driving the gold price to new all-time highs, Adrian also discusses the surge in physical bullion trading during the Covid Crisis so far, plus the outlook for gold-mining shares and output.Watch the full 5-minute interview with Sky News' anchor Ian...Read More
LONDON, 24 July 2020 - BullionVault features today in Germany's best-selling broadsheet newspaper, Frankfurter Allgemeine Zeitung, reporting on the boom in silver investment."The number of people seeking stability and diversification from precious metals investing has never been greater," FAZ quotes Adrian Ash, director of research at the online provider.Quoted alongside other experts in the marke...Read More
LONDON, 13 July 2020 - Comment and data from BullionVault features today in a report on the rising price of silver from major US investment news-site MarketWatch."The number of private individuals seeing stability and diversification with precious metals has never been greater," the report quotes Adrian Ash, director of research, adding that client holdings of the grey precious metal have now grow...Read More
Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More