88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesMining is a tough business. With so many required steps from exploration to production, each needing to be taken in...Read More

Auryn Resources (TSX: AUG; NYSE: AUG) is acquiring Eastmain Resources (TSX: ER) in an all-share deal valued at C$121 million. The transaction will create a new firm, Fury Gold Mines, as well as two independent spin-out entities that will hold Auryn's Peruvian projects. The deal was announced on July 29."Fury Gold will combine the high-grade gold projects: Committee Bay in Nunavut, Homestake Ridge...Read More

The London Court of International Arbitration (LCIA) has recently rendered a final award in favour of Canadian uranium miner Denison Mines (TSX: DML) for the previously disclosed arbitration proceedings between the company and Czech-based firm Uranium Industry (UI).In November 2015, Denison completed the sale of its mining assets and operations located in Mongolia to UI pursuant to an amended...Read More

Probe Metals (TSXV: PRB; US-OTC: PROBF) has entered into a joint venture (JV) agreement with Midland Exploration (TSX: MD) on the Detour Gaudet-Fenelon project, located 75 km northwest of Matagami, Quebec.Under the agreement, Probe and Midland will each have a 50% participating interest in the JV project, with Probe as the project's operator and each party funding its proportionate share of the...Read More

Rio Tinto (ASX, LON, NYSE: RIO) is once again discussing the development of the controversial large-scale Simandou iron ore project in Guinea, as half-year earnings support an investment case for the steel-making material.Iron ore, once again, made the lion's share of the world's second-biggest miner's profits for the first half of the year. The commodity has defied pessimistic predictions, climbi...Read More

Agnico Eagle Mines (NYSE, TSX: AEM) reported on July 29 a near four-fold increase in quarterly profit, owing to a surge in gold prices and a reduction in exploration costs during the second quarter of 2020.For the three-month period ended June 30, the Canadian gold miner posted a net income of US$105.3 million, or 43 ? per share, compared to US$27.8 million, or 12 ? per share, a year earlier.Accor...Read More

Jul 31, 2020 Guest(s): Jim Rickards Best-selling Author Peter Schiff CEO, Euro Pacific Capital The Federal Reserve has gone past the point of no return and is unlikely to be able to unwind their balance sheet in the foreseeable future, according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital.In this second segment of the three-part interview, Rickards and Schif...Read More

More than 90% totalling $4.2 billion was paid in Brazil, where the bulk of its operations are located.The company said the total amount paid corresponded with more than 10% of its total economic contribution last year, estimated at about $31.8 billion, besides operational costs, salaries and employee benefits, among others.The report sets out the principles behind Vale's approach to tax and invest...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesHeadline earnings per share for the June quarter came in at C1c, above consensus estimates.Revenues jumped 84% sequentially to $91.1 million, resulting in positive cash flow of $41.5 million and adjusted EBITDA of $15.7 million.Artemis all set thanks to unique approachSPONSOREDartemis resourcesRevenues benefited from the positive m...Read More

CEO John McCluskey this week characterised the June quarter as one of the "most challenging" to date, given the COVID-19 pandemic's various impacts. However, the company had "adapted well" and by June both Island Gold, in Ontario, and Mulatos, in Mexico, had safely returned to normal operating levels.Headline earnings for the three months ended June 30 fell 45% year-on-year to US$9.8 million, or 3...Read More

I'm not a gold bug...I've always operated by the old Mark Twain quote that the definition of a gold mine is "a hole in the ground with a liar standing at the top."When I used to think of gold investing, I imagined an old prospector panning for it in a shallow creek, wearing a ragged hat and muddy overalls. I pictured end-of-the-world preppers screaming about burying gold in your backyard before th...Read More

Gold has jumped above $1,850 amid expectations of new stimulus, worries about the pace of economic recovery, and concerns about rising tensions between the U.S. and China. Houston, we have a problem! Please take a look at the chart below that presents the U.S. initial jobless claims. What do you see? Yes, you are right! The number of people claiming unemployment benefits has recently risen. To be...Read More

RAPAPORT... Revenue at Gem Diamonds fell in the first half of the year amid a temporary shutdown of its mine and weak demand due to the coronavirus.Sales of rough diamonds from the Let??eng mine in Lesotho dropped 22% to $74 million by value, and also fell 22% by volume to 43,384 carats in the six months ending June 30, the miner reported Thursday. The average price inched up slightly to $1,7...Read More

RAPAPORT... Hong Kong's retail market took a turn for the worse this month amid the coronavirus's resurgence, reversing a slight improvement in June, the government cautioned Thursday.The municipality has entered a third wave of infections, prompting authorities to shut parts of the economy this week in an effort to contain the outbreak. "With inbound tourism remaining at a standstill and loc...Read More

Gold has jumped above $1,850 amid expectations of new stimulus, worries about the pace of economic recovery, and concerns about rising tensions between the U.S. and China. Houston, we have a problem! Please take a look at the chart below that presents the U.S. initial jobless claims. What do you see? Yes, you are right! The number of people claiming unemployment benefits has recently risen. To be...Read More

Gold has jumped above $1,850 amid expectations of new stimulus, worries about the pace of economic recovery, and concerns about rising tensions between the U.S. and China. Houston, we have a problem! Please take a look at the chart below that presents the U.S. initial jobless claims. What do you see? Yes, you are right! The number of people claiming unemployment benefits has recently risen. To be...Read More

Joining us on our show today is Bruce McLeod, President and CEO of Sabina Gold & Silver. Bruce is a mining engineer with over ...Read More

NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More

Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More

(Denver, Colorado - July 29, 2020) GoldSeek.com is pleased to announce that it will be launching its new website in the coming days. This will be the third major revision to the GoldSeek website over the past 25-years.In the next version of GoldSeek.com, we are excited to announce the following features:Live Gold Prices - streaming live gold prices & charts Mobile Friendly - smartphone &...Read More