Recent News

Gold Markets Break Major Resistance as Bullion Rally Continues

July 10, 2020

Gold markets continue their bullish run with a major push higher during the trading session on Wednesday. Gold price surged all the way towards the $1825 level rather early in the session, showing a clear break out of the massive barrier underneath. Analysts have spent months predicting if and when the $1800 level would be reached, but now that the price of gold has cleared it, it is likely...Read More

Record gold price forecasts boost prospects for Canadian junior gold mining companies

July 02, 2020

2020 has been a bullish year for gold up to this point with gold prices headed for seven-year highs over US$1,750 per ounce. On Monday, Canada’s main stock index future rose, supported by firmer gold prices against global concerns related to rising coronavirus cases. Gold futures rose as much as $1,767.6 an ounce, hitting a one-month high, as investors were drawn to safe-havens. Although g...Read More

Canada's top 10 royalty and streaming companies

June 29, 2020 / www.northernminer.com

The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of late-June 2020.1. Franco-NevadaMarket capitalization: US$26.40 billionFranco-Nevada CEO David Harquail speaks at the 2019 Canadian Mining Symposium, in London, United Kingdom. Photo by Martina Lang for The Northern Miner.Franco-Nevada (TSX: FNV; NYSE: FNV) continues to hol...Read More

Canadian junior gold miners advance on insider trading

June 24, 2020

  Canada's main stock index future rose on Monday with support by firmer gold prices against the backdrop of global concerns related to rising coronavirus cases. Gold futures GCc2 rose as much as $1,767.6 an ounce, hitting a one-month high, as investors were drawn to safe-havens. As the yellow metal is slowly seeing some safe haven interest again, it is now finally and comfortably through...Read More

Gold ETFs on course for nine-year highs as junior miners race to get hands on prospective ground

June 17, 2020

This year gold prices have rallied as a result of disrupted supply chains and closed down economies due to the global coronavirus pandemic and increasing possibility of a new trade way between the US and China. Now, gold ETFs are gaining momentum as a hedge against the potentially overbought stock market, some traders say. Since late March, total ETF holdings have grown 14%, while long positions...Read More

Investors turn towards gold mining companies as gold prices rise

June 10, 2020

Gold is attempting to make a comeback as it emerged above $1,700 at the beginning of the week. With the market mood worsening the S&P 500 corrected lower after previously erasing its gains for 2020. All data points to the precious metal continuing to attract buyers. Although the global pandemic and growing concerns regarding a new trade way between US and China may have thrown major stock mar...Read More

Sprott backs Pure Gold with $10.7 million investment

June 07, 2020 / dlvr.it

Pure Gold's mine in Red Lake is on track for its first pour this year.Read full newsRead More

Gold price edges higher as U.S.-China tensions keep demand afloat

June 03, 2020

The price of gold has shown signs of reversing course ahead of the May low ($1670) as it extends the series of higher highs and lows from the previous week. The precious metal attempted to test the 2012 high ($1,796) as the Federal Reserve prepares to have the Municipal Liquidity Facility along with the Main Street Lending Program up and running in June. Analysts expect this to fuel a bullish mar...Read More

NV Gold $NVX $NVGLF Enters into Strategic Data Relationship in Nevada with @GoldspotD $SPOT

June 02, 2020 / bit.ly

NV Gold Corporation is pleased to announce the Company has entereRead full newsRead More

Canadian company positions for mining ban lift in Argentine province

June 02, 2020 / dlvr.it

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Jordan Roy-Byrne: Textbook Bullish Setups in Gold & Gold Stocks

May 30, 2020 / marketsanity.com

Whether the current correction lasts another two weeks or seven weeks (pick a random number) it will not change the larger bullish setup that is in place for Gold and especially the gold stocks. Continue...Read More

Canadian company positions for mining ban lift in Argentine province

May 30, 2020 / dlvr.it

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Gold prices fall as experts advise investors to 'buy on dips'

May 27, 2020

Gold prices edged lower on Tuesday after a long winning streak since the start of 2020. As riskier assets like gold stocks gained traction, Canadian junior gold miners have a reason to be optimistic.   Gold prices moved lower, and continued to trade sideways unable to break down, after reaching a 7.5-year high last week. Prices fell below support near the 10-day moving average at $1732, whi...Read More

Gold continues its upward journey on bleak economic outlook

May 20, 2020

News of more tensions between US and China and a potentially new trade war sent waves through international markets at the beginning of the week. The two world leaders are currently locked in a battle of trying to pinpoint the origin of the coronavirus that shut down whole countries, disrupted supply chains and brought to halt entire sectors, causing an economic slowdown similar to the one during...Read More

Explained: The factors affecting gold prices

May 16, 2020 / dlvr.it

A weak rupee vis--vis the US dollar can increase domestic gold pricesRead full newsRead More

Canada's Next Gold Mine on Track for First Gold Pour in Q4

May 17, 2020 / dlvr.it

Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) ("PureGold" or the "Company") is pleased to report mine construction activities at its PureGold Red Lake Mine in Ontario are on schedule for first gold pour before the end of the year.Work to date has proven we have a clear and precise understanding of theRead full newsRead More

Teck increasing QB2 workforce but still unclear when ops will return to normal, CEO says

May 13, 2020 / www.metalbulletin.com

Teck Resources is starting to increase the number of workers active at its Quebrada Blanca Phase 2 (QB2) project in northern Chile but is still uncertain when it will be able to resume normal activities at the site. Around 1,100 employees are now active at the project, according to Don Lindsay, chief executive officer of the Canada-based company, noting that employment at the site had dropped...Read More

Junior Gold Miners Profits Jump on Higher Gold Prices

May 12, 2020

Canada’s main stock index rose on Tuesday, steered by energy stocks and the materials sector, which added 0.7% as gold futures rose 0.3% to $1,700 an ounce. U.S. gold futures rose 0.9% to $1,713.20 per ounce. The most heavily traded shares by volume were Freegold Ventures Ltd, down 5.9%; B2gold Corp while Canadian Natural Resources Ltd, which rose 3.4%., was among the largest percentage gai...Read More

Gold continues to push against seven-year highs

May 08, 2020

In the first week of May, gold prices continue to hover near $1,705, hinting at a strong probability that the yellow metal could advance towards $1800 over the coming months. Crashing oil prices and the global coronavirus pandemic have created an opportunity for stronger Gold demand amid increased economic uncertainty and market volatility. Tuesday’s trading session saw gold prices head for...Read More

Potash majors squabble as market weakness persists

May 05, 2020 / www.mining-journal.com

BPC said last week it had agreed a contract price of US$220/tonne with a consortium of Chinese buyers for potash to be supplied in 2020.Read More