German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle (EV) market.Tesla's gigafactories and battery technology have long given it an edge in the EV market (Northvolt was started by two former Tesla executives), but wh...Read More
Scorpio Gold (TSXV: SGN) is acquiring land in Nevada's Manhattan mining district that adjoins the southwestern boundary of its Goldwedge property and includes two past-producing mines.The acquisition of the Manhattan project property claims from Round Mountain Gold and KG Mining will give Scorpio Gold control of land around its Goldwedge project, which contains a fully permitted underground mine a...Read More
Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More
Executive Fireside ChatSean Boyd, Vice-Chairman and CEO, Agnico Eagle Mines LimitedMODERATOR: Anthony Vaccaro, Group Publisher, The Northern Miner GroupRead More
As a relatively rare and expensive heavy metal, cobalt serves as a vital but costly part of today's lithium batteries, not just in terms of dollars but also for the environment and well-being of those tasked with mining it. A new battery design from the University of Texas at Austin may help...Read full newsRead More
Oilfield services firm BJ Services filed for Chapter 11 bankruptcy protection early on Monday, following a severe cut in demand and cash crunch due to the coronavirus pandemic.Read full newsRead More
VANCOUVER, British Columbia, July20, 2020(GLOBE NEWSWIRE) -- Prime Mining Corp. (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW) ("Prime" or t...Read full newsRead More
ABUJA, Nigeria President Muhammadu Buhari said Thursday that the government is set to reform gold mining that will produce a revenue of $500 millionRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Market Nuggets compiles all of the day's top expert analysis on the gold market. They offer a short synopsis of bank forecasts, and the outlook of famed economists like Dennis Gartman and Nouriel Roubini. Kitco Nuggets are constantly updated throughout the day.Read full newsRead More
Rock Samples Grade up to 7.8 g/t GoldRead full newsRead More
Examples of commodities are oil, wheat, and beef. These are products that are essential to everyday life. However, once these products are used, they can’t be reused. For example, once a person eats a steak, the steak is gone. You would need to go out and buy more steak for tomorrow.However, there are some reusable commodities like gold and silver. These commodities can be crafted into jewel...Read More
An interesting trend is emerging, which suggests that a recovery is baked into the markets. Few investors can have missed the fact that the TSX rallied last week. The cause? A potential vaccine breakthrough south of the border. The good news lifted industrials and materials — two areas most heavily impacted by the pandemic. Gold also continued to trend higher.A recovery is baked in at this s...Read More
Portal at Snip. Image from Skeena. Skeena Resources has released a maiden underground resource for its wholly owned Snip gold project, within the province's prospective Golden Triangle in British Columbia.The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000 indicated tonnes grading 14 g/t gold, containing 244,000 gold oz., as well as 942,000 inferred tonnes, at...Read More
Editor's Note: I first introduced you to Reconnaissance Energy Africa a little over a month - and 70% - ago (interview here). Founder Craig Steinke calls it "the highest-impact oil and gas play in the world right now." His company is about to ship a rig to the Kavango Basin in Namibia, which it entirely controls. It'd be like if one company controlled the entire Eagle Ford. I recap recent explorat...Read More
A worker in the core shack at the Troilus gold project. Image from Troilus. Troilus Gold has added 230 sq. km of land holdings, or 422 claims, to its Troilus project in the province's Frotet-Evans greenstone belt, Quebec, increasing its land position to a total of 1,073 sq. km."These new acquisitions, coupled with additional staking by our team, further consolidates our position at a minimal cos...Read More
The numbers are coming in and they are grim.We already know that second-quarter earnings results are going to be a disaster, yet we'll get the "better than expected" bumps.It's absurd when profits are plunging into steep losses, but earnings hype has always been a charade.What I want to highlight are the "big picture" numbers emerging and, boy, are they scary.While we're talking about what corpora...Read More
Temperature distribution in Leapfrog Geothermal Credit: Seequent Seequent, a geoscience software company, is accelerating its development of cloud-based Seequent Central to allow organizations to continue their work on large-scale projects amid the covid-19 pandemic.Central works alongside Seequent's other products and gives users in any location the ability to visualize, track and manage geol...Read More
Callinex Pine Bay project in Manitoba Image from Callinex. Callinex Mines (TSXV: CNX) announced on Tuesday that it has commenced its 2020 summer drilling campaign at its Pine Bay project in Manitoba.The campaign will complete up to 1,500m of drilling at the project to test two newly identified Borehole Pulse Electromagnetic anomalies ("BPEM").The anomalies are interpreted to be off-hole from sulp...Read More
Vale do Rio Doce, Minas Gerais, Brazil Credit: Wikipedia. High prices of iron ore and gold will help the mining industry in Brazil to keep revenues in 2020 similar to 2019, despite the impact of the novel coronavirus, according to the Brazilian mining association (Ibram).In Q2 2020, mining companies reached a production value of R$39 billion ($7.5 billion), an increase of 9% over Q1. Iron ore rep...Read More