Popular News

Mine disruptions escalate as virus rips around globe

March 26, 2020 / www.northernminer.com

On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the spread of COVID-19.With governments from Africa to Latin America issuing lockdown orders, disruptions to operations and supply chains are affecting the outlook for industrial and precious metals. Most of the majors have now announc...Read More

Bank of America revises real GDP growth targets

March 26, 2020 / www.northernminer.com

The coronavirus pandemic "has morphed into a credit crisis and economic recession," Bank of America (B of A) outlined in its World at a Glance report released Thursday, noting that "the current sudden stop of the real economy on a global scale is unprecedented and the risk is that this crisis may end up even worse than the 2008-09 crisis," making "the market very challenging to forecast."B of A fo...Read More

DynaCERT says new technology can lower diesel emissions

March 26, 2020 / www.northernminer.com

DynaCERT (TSX: DYA), a Toronto-based company, has developed a technology called HydraGEN that could significantly reduce emissions by improving the performance and fuel efficiency of diesel engines used in mining machinery and equipment.The HydraGEN technology is about the size of a suitcase for use in trucks, with larger models for use in more significant mining machinery and equipment, and the c...Read More

Facts 'n' figures: Gold prices swing as markets sell off

March 26, 2020 / www.northernminer.com

The following is an edited report from the World Gold Council, release on March 19, 2020. For the full report visit www.gold.org.Like most asset classes, gold is being affected by the unprecedented economic and financial market conditions in play around the globe. We believe that recent volatility in the gold price has been driven by massive liquidations across all assets, and likely magnified by...Read More

Miners face altered obligations

March 26, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe convenience of one provider with pay-as-you-need flexibilitySPONSOREDmicromineWithin barely a few weeks, even some hitherto fervent small-government adherents have turned full circl...Read More

Coronavirus curbs Mountain Province revenue

March 25, 2020 / www.northernminer.com

Unlike many other mines in Canada and around the world that have been put on care and maintenance in the last week because of the global COVID-19 pandemic, De Beers' (51%-owned) and Mountain Province Diamonds' (TSX: MPVD; US-OTC: MPVD) (49%-owned) Gahcho Ku?(C) mine in the Northwest Territories is so far continuing to operate. However, Mountain Province has been forced to indefinitely postpone dia...Read More

Gold is on its way higher: Sprott CEO

March 26, 2020 / fw.to

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

A Record 3.3 Million Americans Just Filed For #Unemployment Benefits

March 26, 2020 / www.zerohedge.com

...what we are now witnessing is completely unprecedented.Read full newsRead More

Glencore shutters Quebec mines; operations in Sudbury continue #nickel

March 26, 2020 / www.thesudburystar.com

Glencore said Thursday its Raglan nickel and Matagami zinc operations in Quebec will be on care and maintenance for the next three weeks.Nickel from Raglan is shipped to Glencore's Sudbury op...Read full newsRead More

Coronavirus may prevent Codelco from re-gaining world's top #copper miner spot

March 26, 2020 / bit.ly

Delays in upgrades and expansion projects due to measures to stop the spread of covid-19 will negatively tip the scale, say experts.Read full newsRead More

German cathedral dusts off relics of St Corona, patron of epidemics

March 26, 2020 / reut.rs

Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More

The Gold Market Is Being Tested Like Never Before

March 26, 2020 / dlvr.it

(Bloomberg) -- From South Africa's ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main-street sellers of coins: the global gold market is being tested like never before.The cracks are starting to show.Worldwide panic over the coronavirus outbreak andRead full newsRead More

RT @miningstocks: Gold is on its way higher: Sprott CEO

March 26, 2020 / fw.to

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

Gold is on its way higher: Sprott CEO

March 26, 2020 / fw.to

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

German cathedral dusts off relics of St Corona, patron of epidemics

March 26, 2020 / reut.rs

Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More

RT @MarketWatch: Stocks rally as investors parse $2 trillion coronavirus relief package

March 26, 2020 / on.mktw.net

U.S. stocks moved higher at the start of trade Thursday, following the Senate's approval the massive stimulus bill late Wednesday night. The Dow Jones...Read full newsRead More

INVESTORS: Listen up! These guys had 2 huge #Silver finds at the beginning of the year and for the obvious reason,...

March 26, 2020 / twitter.com

"INVESTORS: Listen up! These guys had 2 huge #Silver finds at the beginning of the year and for the obvious reason, had a recent pullback.BUT... its time for the turnaround! Don't miss out!#Stillaffordable ??"^??"???',$CCW #Canadacobaltworks #Gowganda #Silvermine #MomentumStocks"Read full newsRead More

Ariana Resources receives landmark ?1.6 million Kiziltepe dividend

March 26, 2020 / ow.ly

Ariana Resources (LSE:AAU) enjoyed a 10% lift on Thursday morning after announcing a watershed dividend payment from one of its subsidiaries. The Turkey-fo...Read full newsRead More

RT @proactive_UK: $AAU Ariana Resources receives ?1.6mln in dividends from Turkish gold mining operations

March 26, 2020 / tinyurl.com

Ariana has built up a track record of successful operations in TurkeyRead full newsRead More

Gold Stocks Might Be Next in Line for Dividend Cuts

March 27, 2020 / www.fool.ca

The COVID-19 pandemic is wreaking havoc on the economy. Very few industries are able to weather the storm. Even gold stocks aren’t immune, which has investors perplexed. Despite significant volatility, however, the price of gold is flat over the past month. In comparison, the iShares S&P/TSX Global Gold Index ETF (TSX:XGD) has lost approximately 8% of its value. Although much better...Read More

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