As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming from - and where it's falling.The review shows that as uncertainty around the Covid-19 pandemic has boosted investor demand for gold in some regions, the rising price has made the yellow metal more expensive in local curren...Read More

Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million and contingent payments of up to another US$40 million.The mine is 40 km from Golden Star's Wassa gold mine, and the sale will allow the company to accelerate the growth and development of its Wassa's resource bas...Read More

Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down their tools in response to workers testing positive for the coronavirus.The Toronto-based miner said operations resumed on July 24 after it received confirmation and advice from the country's Covid-19 outbreak management team that...Read More

Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas.The facility would process heavy rare earths from the company's Mt. Weld mine in Western Australia.In April, the Pentagon awarded Lynas and privately held MP Materials funding for rare earths separation facilities in Texas and California...Read More

Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a "top tier mine" asset, the company says.The Toronto-based miner bought Massawa from Barrick Gold (TSX: ABX; NYSE: GOLD) in December 2019. After completing the US$380 million-acquisition earlier this year, Teranga began integrating the asset with its fla...Read More

On Tesla's second quarter conference call last week, Elon Musk entreated the industry to: "Please mine more nickel - Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way."Musk's comments couldn't have come at a better time for Mark Selby, president and CEO of Canada Nickel (TSXV: CNC), which owns 100% of the Crawford...Read More

Jul 28, 2020 Guest(s): Steve Hanke Professor of Applied Economics, Johns Hopkins University As China closed down a U.S. consulate in Chengdu last week, everyone is watching rising geopolitical tensions between the world's two largest economies.Steve Hanke, professor of applied economics at Johns Hopkins University, said that relations between the U.S. and China are not going to improve in the sh...Read More

Jul 28, 2020 Guest(s): Peter Grosskopf CEO, Sprott Momentum in the gold market is slowing down after its historic run to new all-time highs at the start of the week. According to one fund manager, while gold has room to move higher, it is starting to overheat and could be due for some consolidation.In an interview with Kitco News, Peter Grosskopf, chief executive officer at Sprott Inc, said that...Read More

RAPAPORT... The Gemological Institute of America (GIA) has teamed up with IBM Research to develop an automated system for grading the clarity of a diamond.The artificial intelligence (AI) technology uses data from tens of millions of diamonds GIA laboratories have examined in the past, applying the institute's existing grading standards. It's already in limited use at the GIA's New York and C...Read More

RAPAPORT... Baselworld owner MCH Group has established Houruniverse, a new trade fair for the watch, jewelry and gemstone industries that will run virtually throughout the year and feature an annual live event.Buyers and sellers can use the show's website to network and exchange information during the year. The live event, which will replace the canceled Baselworld show, will take place in Ap...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesJetti's patented technology makes it possible to extract copper from low-grade primary sulphides, such as chalcopyrite, using a catalytic technology which disrupts the sulphur metal bond of theRead More

PRIVATE BLOG - Gold Making New HighPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling...Read More

We tend to spend a lot of timelooking into the rearview mirror, especially when under duress.Connected to this is somethingpsychologists call "recency bias." This simply means that what hashappened in the near to intermediate past tends to inform and influence us asto how we should behave in the future.The 2011 to early 2019 precious metals bear saga was broken only by a six-month bullhi...Read More

With gold hitting all-time highs (in U.S. dollars) today there is a lot of upside left in what I believe will be a generational opportunity to increase your wealth. That also means that several sectors and opportunities are being overlooked as everyone pivots to the flavor of the month.Here at the Outsider Club, we pride ourselves on finding hidden gems (pun intended) in the space that present com...Read More

The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling...Read More

We tend to spend a lot of timelooking into the rearview mirror, especially when under duress.Connected to this is somethingpsychologists call "recency bias." This simply means that what hashappened in the near to intermediate past tends to inform and influence us asto how we should behave in the future.The 2011 to early 2019 precious metals bear saga was broken only by a six-month bullhi...Read More

The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling...Read More

We tend to spend a lot of timelooking into the rearview mirror, especially when under duress.Connected to this is somethingpsychologists call "recency bias." This simply means that what hashappened in the near to intermediate past tends to inform and influence us asto how we should behave in the future.The 2011 to early 2019 precious metals bear saga was broken only by a six-month bullhi...Read More

Local indigenous groups oppose the project.Read full newsRead More