Emgold has completed the acquisition of 100% ownership of 21 patented and 60 unpatented mineral claims of the New York Canyon Property.Read full newsRead More
Best results include 0.5m core length grading 1584g/t silver and 5.56g/t gold from hole LV20-219Read full newsRead More
"Many #gold companies are taking action in the face of #COVID19 - read our list to see what explorers and producers are doing. https://t.co/f5YZXGQoNW #mining #investing #coronavirus"Read full newsRead More
The coronavirus outbreak has not spared anyone. It’s not just growth stocks; defensive stocks such as utilities and consumer staples have also been equally weak in the last few months. However, in my view, the last reliable resort to take shelter in these uncertain times is the traditional safe haven: gold.The TSX Composite has fallen more than 25% so far this year, while gold has rallied mo...Read More
Havieron project. (Image: Greatland Gold.) Australia's largest gold producer, Newcrest Mining (ASX: NCM) confirmed Wednesday that it has now reached its Stage 2 farm-in milestone at the Havieron project. Newcrest has earned a 40% interest in the project and gave notice to Greatland Gold that it is proceeding to Stage 3. The Havieron Project is operated byNewcrest under a farm-in agreement with G...Read More
Publisher's Note: We've been cranking out the content for you during this pandemic. Infection rates, deaths, markets... and governments' response to it are still changing in real time. All members of our paid services have been receiving briefs like these from our editors.I did one for you last week that you can find here. And because developments are happening so rapidly, I thought it best to sen...Read More
Image: Rio Tinto Oyu Tolgoi. Copper bounced on Tuesday after a rebound in Chinese manufacturing activity, but analysts cautioned that the market is far from returning to normal levels.Copper trading in New York rose by more than 4% to $2.248 a pound ($4,955 a tonne) on course to contain its first-quarter losses to below 20%. Two weeks ago the bellwether metal briefly traded below $2.00, levels la...Read More
Image from Transmountain. Neither the Trudeau government nor the BC public health officer appear inclined to shut down pipeline construction in Canada.Construction on the $12.6 billion Trans Mountain pipeline continues, and Alberta Premier Jason Kenney announced Monday that construction will start on the Canadian portion of the Keystone XL pipeline as well in April.The Kenney government announced...Read More
Aerial view of the Springpole project camp in winter. Image courtesy of First Mining. First Mining Gold has released an update on the progress of a prefeasibility study (PFS) and permitting at its 419-sq.-km Springpole gold project in northwestern Ontario. The company now expects results of the PFS to be released early next year. The document was previously expected to be complete this year. Ear...Read More
MinVu Shift Manager, RPMGlobal's intra-shift software solution, has received a major overhaul with the launch of the MinVu Shift Manager app.MinVu Shift Manager is a short-term planning and execution solution. The tool is a unique, industry-built software solution that enables users to collaborate and communicate through a single, integrated plan to drive more effective on-shift decision support...Read More
If your upbeat on gold juniors these days, then your probably hunting for sold off bargains that might have happened in the last weeks. I mean pretty much any of the juniors who might have been riding high have been knocked off their high horse and are back to 52 week lows or worse. So sifting through the wreckage can be not only time consuming but with this virus issue going on, a lot of potentia...Read More
Weekly Reports |Mar 31 2020The spot uranium price leapt 13% last week as around the globe miners announced temporary shutdowns for the sake of worker safety.-Cameco shuts up shop-Other uranium miners/developers follow suit-Worker safety paramountBy Greg PeelOn a directive from the Canadian and Saskatchewan governments, Cameco last week shut down its 50% owned Cigar Lake uranium mine - the world's...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 31.Please click...Read More
The closure of borders and reduced port operations across African countries have led to month-long delays of copper cargoes, while suppliers have raced to re-route goods over the past week. "We are now stressed out trying alternative routes. But the problem is even if the cargoes can depart from other ports, their port capacities are significantly lower. We are talking about delay in terms of mont...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More
(Adds recent repo program)By Jonnelle MarteMarch 31 (Reuters) - The Federal Reserve has moved intooverdrive to try to keep the U.S. economy from suffering lastingdamage from the coronavirus pandemic, announcing an emergencyinterest rate cut on March 3 and rolling out new efforts almostweekly since, including slashing rates to zero and relaunchinglarge-scale asset purchases.The U.S. central bank, a...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 31, 2020Gold is majestically postured now, because America’s government and central bank continues to borrow, spend, and print money with surreal intensity.The light at the end of the tunnel is a stagflationary freight train.Pleaseclick here now. Double-click to enlarge.A beaut...Read More
The closure of borders and reduced port operations across African countries have led to month-long delays of copper cargoes, while suppliers have raced to re-route goods over the past week. "We are now stressed out trying alternative routes. But the problem is even if the cargoes can depart from other ports, their port capacities are significantly lower. We are talking about delay in terms of mont...Read More
"Copper jumped, while the other LME metals were a mixed bag on Tuesday, after Chinese manufacturing activity recovered sharply in March," Marex Spectron's Anna Stablum said from the LME desk (Singapore).However, she said some analysts believed the worst was yet to come as the survey only asked how business compared to the previous month, which showed the deepest contraction since at least 2005.Mor...Read More