World manganese ore output rose by around 4% in July from the prior month due to higher production across most global regions, the latest data from the International Manganese Institute (IMnI) shows. Global ore supply climbed to about 1.93 million tonnes of manganese units in July, marking increases of 4.2% month on month and 0.4% year on year respectively, according to IMnI data. Supply...Read More
Global silico-manganese output recorded a month-on-month increase of 2.7% to 1.45 million tonnes in July, with all regions monitored by the International Manganese Institute (IMnI) gaining on a monthly comparison. On an annual comparison, world supply of silico-manganese fell by 7.3%, data from IMnI showed. Of total supply, output in Asia and Oceania - the largest producing region - hit around 1.2...Read More
The latest data for the global manganese ore market for the week ended September 1, 2020.Read More
The first thought leadership panel of the Global Mining Symposium was focused on sustainability and the importance of the shift from commitments to action by the mining industry. Moderated by Henry Stoch, Deloitte's Canadian sustainability and climate change leader, the panel featured Marcia Smith, senior vice president, sustainability and external affairs with Teck Resources (TSX: TECK.B; NYSE: T...Read More
The Northern Miner's three-day Global Mining Symposium kicked off on Tuesday with a one-on-one interview with Paul Brink, president and CEO of Franco-Nevada (TSX: FNV; NYSE: FNV).The Northern Miner's Group Publisher, Anthony Vaccaro, chatted with Brink for nearly an hour about his plans for the company, his view on the mining industry, the gold market, Franco-Nevada's energy assets and the challen...Read More
This week's episode features the launch of The Northern Miner's Global Mining Symposium virtual mining conference, with opening remarks by group publisher Anthony Vaccaro. As well, Rio Tinto responds to last week's podcast - we examine what was said and take another look at where things stand.All this and more with online editor and host Adrian Pocobelli.Gord SusinskiThis episode's Mining Minute...Read More
The Northern Miner kicked off its inaugural Global Mining Symposium on Tuesday, with mining leaders, influential investment professionals, and forward-thinking innovators from around the world. The three-day event includes panel discussions, fireside chats, and company presentations and covers the financial, technological, and operational developments that guide the global mining and mineral expl...Read More
A preliminary economic assessment (PEA) for Troilus Gold's (TSX: TLG; US-OTC: CHXMF) namesake project in Quebec has outlined a 22-year, 35,000-tonne-per-day open pit and underground mine, with the 9,000 tonne-per-day sub-surface portion starting up in the eighth year.The resulting operation would produce an average of 220,000 gold oz. per year over the first five years of operation, and 246,000 go...Read More
Evolution Mining (ASX: EVN) has released an updated resource for its recently acquired Red Lake gold project, which the company says is materially higher than the figures estimated during its due diligence of the acquisition.The Sydney, Australia-based gold miner acquired the northern Ontario operations from Newmont Mining (TSX: NGT; NYSE: NEM) in a US$475-million deal that closed earlier this yea...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released an updated resource for the Getchell gold project in Nevada. Last month, the company announced a definitive purchase agreement for the asset with Waterton Global Resource Management.Measured and indicated resources at Getchell consist of 21 million tonnes at 2.16 grams gold per tonne for 1.5 million oz. gold, with an additional 2.8 million i...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) will take a dispute over mining rights for the Porgera gold mine in Papua New Guinea (PNG) to the country's Supreme Court after a minor court dismissed the Canadian company's attempt to regain the licence.The world's second-largest gold producer and its Chinese partner, Zijin Mining, became embroiled in a dispute with the PNG government in April, when Prime Mini...Read More
Scorpio Gold (TSXV: SGN) has granted an option to Titan Mining (TSX: TI) to earn an 80% interest in the Mineral Ridge property in Nevada.The terms of the agreement require Titan to spend US$35 million in staged expenditures over a period of five years to earn an 80% ownership interest in Mineral Ridge Gold LLC, an indirect subsidiary of Scorpio Gold which holds all of the mineral rights and water...Read More
A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth rate of 2.5%.According to the report, this result would be an acceleration from the average growth of just 1.2% over 2016-2019.In the market analyst's view, Russian gold production will lead the rise with gold output jumping from...Read More
With the current supply chain of cobalt under scrutiny, companies and governments are striving to find new sources of cobalt beyond the Congo.Read full newsRead More
AngloGold Ashanti and Barrick Gold will sell their effective 80% stake in the Morila Gold Mine in Mali, the miners said on Monday, as political crisis grips the West African nation after soldiers seized power in a coup.Read full newsRead More
Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.Read full newsRead More
VVC Exploration Corporation announces the following. ShareholdersRead full newsRead More
Puma Exploration Inc., (TSXV:PUMA), (the "Company" or "Puma") is pleased to announce the initial results of its summer exploration program conducted on the Williams Brook Property of its flagship Project; The Triple Fault Gold, in Northern New Brunswick, an Atlantic Province of Canada.Read full newsRead More
Warren Buffett just turned 90 last month. In his 75 plus years in the investing world, the Oracle of Omaha has become the third-richest man in the world. It’s no easy task to build a net worth of US$86 billion and grow it. Just last quarter, his company Berkshire Hathaway reported a net investment loss of US$54.5 billion during the March market crash. He was criticized by many analysts for s...Read More
If we say that Warren Buffett has avoided investing gold for a long time, you might get the wrong impression that Buffett simply doesn’t consider the metal a worthy investment. But Buffett’s gold prejudice runs deeper than that, or at least it did until a few months ago. He was always vocally against the metal that “doesn’t do anything but sit there and look at you.”B...Read More