Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More

Canada's TSX stock index edged higher on Tuesday, boosted by major and junior gold miners after prices of the yellow metal climbed further this week after a much needed healthy correction during last week’s Friday session.  Gold process rose more than 1% on Tuesday and climbed back above the $2,000 level breached earlier this month. As a whole, the materials sector added 0.9% as gold f...Read More

NORTH BAY - The Ontario government is investing $5 million in Norgalv to help the steel galvanizing company open a new plant in North Bay. The funding is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC) and will be used to build a new facility, purchase equipment and establish a single production line, creating 45 new full-time jobs."We are proud to support the expans...Read More

SK Innovation will commercialize the world's first nickel cobalt manganese (NCM) batteries that contain 90 percent nickel, according to industry sources on August 10. ?EUREURThe South Korean battery maker will supply lithium-ion batteries that contain 90 percent nickel, 5 percent cobalt and 5 percent manganese inside cathodes to Ford F-150 electric pickup trucks set for release in 2023, they said....Read More

Gold miners remained one of the biggest coronavirus beneficiaries.Read full newsRead More

BOISE, Idaho (AP) - The U.S. government on Friday released a draft environmental report on the potential effects of three open-pit gold mines in salmon habitat in central Idaho proposed by a Canadian company. The U.S. Forest Service will take comments for 60 days on the documents involving British Columbia-based Midas Gold's plan that includes restoration work in the already heavily mined area. Mi...Read More

Gold prices continue climb towards all-time record highs with December gold futures reaching an astounding $2,027 on Tuesday.  The gold frenzy driven in part by the weakening dollar and the global pandemic is good news for Canadian junior gold miners and mid-tier gold exploration companies, particularly those in prolific gold regions across Canada. Although some mining regions faced setbacks...Read More

Gold at $3,000 an ounce sounds like an optimistic tip, but there are two reasons to take that price seriously.Read full newsRead More

What factors influence the gold price today?Read full newsRead More

The gold price broke past US$2,000 on Tuesday, an important psychological and monetary threshold for the metal.Read full newsRead More

Gold futures broke a considerable line on Tuesday as they edged higher, driven by a weakening US dollar and fears of a second wave of coronavirus infections. As government bond yields headed lower, the precious metal to make an assault on a record close above the $2,000 threshold. Analysts are optimistic about bullion surging by 50% over the next 18 months to around $3,000 an ounce and see other...Read More

After gold prices skyrocketed past their 2011 all-time highs of $1,920, gold’s spot price slid back to $1,930 in Thursday’s trading session, down 0.6% from its earlier closing price of $1,940, as gold bulls took a pause before another attempt to push the precious metal higher off its record levels. The growing concerns regarding the course of the US economy persist, so is unlikel...Read More

Gold prices surged to a nine-year high on Tuesday while the dollar weakened after European Union leaders reached an unprecedented $2 trillion stimulus package agreement. This boosted investor sentiment as the unprecedented stimulus package is likely to push real interest rates even lower, fueling a boom for non-yielding assets such as gold. A new surge in COVID-19 cases threatens to derail the ec...Read More

Gold prices finally edged lower on Tuesday, still remaining above the threshold of $1,800 they were able to break last week. As the U.S. dollar strengthened, although worries over surging coronavirus cases globally and US – China tensions remain, spot gold was down 0.1% at $1,801.11 per ounce by 0647 GMT. U.S. gold futures fell 0.6% to $1,804. "We are seeing pressure on risk assets given th...Read More

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

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

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

  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

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

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