Shares in Nubian Resources (TSXV: NBR) shot up 40% on Friday as it said Sprott intended to acquire "the entirety" of its C$4.2 million offering priced at 42c per unit."Nubian management appreciates Eric Sprott's support, not only for our own company but his unmatched commitment to support the mineral exploration industry," president and CEO Martin Walter said.The company has a silver project in Pe...Read More

The potential for import duties has already tightened supplies with importers likely to seek alternative offshore supplies to fill potential supply gaps.Read More

The resolutions passed through both the state Senate and Assembly and constitute a first step to increasing taxes on mining.Read More

Share this articleThe Grosso Group is the management company for Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; GAC-FSE]. Founded in 1993, it is recognized as an early mover in mineral exploration in Argentina. The discovery of three multi-million ounce precious metal deposits and partnerships with industry majors such as Barrick, Viceroy/Yamana, Teck and Rio Tinto makes it clear Argentina h...Read More

Share this articleTORONTO - Barrick Gold Corp. reported a second-quarter profit of US$357 million, up from $194 million in the same quarter last year, as its realized gold price climbed 30 per cent.The Toronto-based gold miner, which keeps its books in U.S. dollars, says it earned 20 cents per share for the quarter ended June 30 compared with a profit of 11 cents per share a year ago.Revenue tota...Read More

This is Dr. Allen Alper, Editor-in-Chief of Metals News, interviewing Dr. Caigen Wang, Managing Director of Tietto Minerals (TIE.ASX), who has a 2.2-million-ounce gold resource in the Abujar, Cote d'Ivoire project in the central west of Ivory Coast. The Company has been rerated because of a major increase in the resource and grade that was based on September 2019 drill results. They recently concl...Read More

Gold is hot. Record-breaking prices and demand for gold bullion have thrust the yellow metal back into the media spotlight.With renewed attention to gold, discussions and fears have resurfaced over government confiscation. Do an internet news search for the term "gold confiscation" and you'll find many recent articles exploring the subject.Many of these articles claim the U.S. government could con...Read More

Vox Royalty sees its intellectual property and years of experience in the royalty industry as major competitive advantages. Vox Royalty Corp. (VOX:TSX.V) has been around since 2014 and went public in May, and it has moved quickly to amass a precious metals weighted portfolio of 42 royalties and streams, 37 of which were acquired over the last 18 months across 16 separate transactions."We set abou...Read More

The recent revisions Laurentian Securities made to its model on Troilus Gold are presented and the effects are described in a report from the financial services firm. In an Aug. 6 research note, analyst Jacques Wortman reported that Laurentian Securities revised its model on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) in anticipation of the preliminary economic assessment (PEA) on the Troilus proje...Read More

A Haywood Securities report states GoldMining's management "continues to impress with its ability to attract high-profile talent." In an Aug. 5 research note, Haywood analyst Colin Healey reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) appointed a new chairman and CEO for its royalty subsidiary, Gold Royalty Corp.David Garofalo, a highly visible and successful executive who has overseen the...Read More

The anomaly's features make it a high priority drill target for Generation Mining. Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB) announced in a news release preliminary results from the recent SPARTAN Magnetotellurics (MT) survey of the prospective parts of the 22,000-hectare Marathon project near Marathon, Ontario, "which are believed to have provided a favorable environment for enriched pallad...Read More

If you have been following our research into Gold and Silver over the past years, then you were already prepared for the recent rally that has taken many investors by surprise.  This year, 2020, Gold and Silver are set up to have their best year of price appreciation over the past 40+ years.  It is no consequence that this is taking place right now.  Our cycle research and our predi...Read More

There is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating... by Steve St Angelo of SRSrocco ReportThere is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating. We can see this in the falling Commercial net short position trend as the silver price continues to rise. Typically in the p...Read More

Time is money, and money is time. Over the past decade we've all read countless articles with headlines like "$10,000 Gold" and "$1,000 Silver"...submitted by Matt OrloffTime is money, and money is time. Over the past decade we've all watched and read countless articles with headlines like "$10,000 Gold" and $1,000 Silver", Why $700 Silver is Possible, and "The Curious Case for $936 Silver.I consi...Read More

Silver could go to triple-digits by the end of this year, and then in 2021, silver turns into rocket fuel in the real bull market we are waiting for...Bo Polny interviewed on USA Watchdog by Greg HunterCycle expert and financial analyst Bo Polny says, "Silver is still a steal. I think silver could go to $65 per ounce, and we could see that as early as September, but surely before the end of the ye...Read More

RAPAPORT... Alrosa has recovered a 236-carat, intense-yellow-brown diamond, the largest natural colored diamond found in Russia.The stone, which the miner recovered from its Ebelyakh deposit in Yakutia, is an estimated 120 million to 230 million years old, Alrosa said last week. The company's United Selling Organization unit is currently studying and evaluating the diamond to decide whether it wil...Read More

RAPAPORT... The question of how to tackle the hardships facing informal diamond miners is as pressing today as it was when it first arose nearly 20 years ago.It was first touted as an issue that perhaps the Kimberley Process (KP) could incorporate into its mission. But the KP was not equipped - or mandated - to meet the challenge, even if the sector represented an Achilles heel for a body tas...Read More

(IDEX Online) - Alrosa today reported another month of weak sales, with rough and polished totaling just $35.8m for July, down 79 per cent on last year.The Russian state-owned miner is widely reported to be seeking another rescue deal to sell up to $1bn of rough to Gokhran, the finance ministry's precious metals and gems repository.Alrosa negotiated a similar deal, also for $1bn,  during...Read More

(IDEX Online) - Sales of custom-made jewelry have spiked since COVID-19 lockdown, says a cutting and polishing firm in South Africa.Nungu Diamonds has experienced unprecedented demand for engagement and wedding rings since restrictions were imposed in March, according to a Reuters news agency report.Sales are up 60 per cent and June was its best month in a year.Kealeboga Pule, founder of the compa...Read More

(IDEX Online) - Fugitive diamond billionaire Nirav Modi is to appear at a five-day hearing in London next month, when a judge will decide whether he should be extradited to India for trial.   The 49-year-old jeweler is alleged to have defrauded the Punjab National Bank out of out of $1.85bn by persuading corrupt workers to approve low-rate loans for importing foreign goods, which he used to p...Read More