Ichthys LNG project in northwestern Australia. Credit: Total SA Australia has officially become the world's largest exporter of liquefied natural gas (LNG) on an annualized basis, overtaking the previous titleholder Qatar.According to figures released by Australian-based energy consultancy EnergyQuest, the country shipped 77.5Mt of locally produced LNG in 2019 - an 11.4% increase over the previou...Read More

Superior Industries, a U.S. based manufacturer and global supplier of bulk material processing and handling systems, will showcase a newly configured portable wash plant during CONEXPO-CON/AGG 2020 in Las Vegas. It's one of a dozen new products the company will introduce during the March trade show.Capable of producing as many as five products, the Portable Spirit Wash Plant carries a 6 ft. by 20...Read More

Image by Banyan Gold Banyan Gold has released diamond drill results from the Airstrip target at its 92 sq. km Aurex-McQuesten project which increase the zone's strike length to over 1 km.Drill highlights include:76.9 metres of 0.61 g/t gold starting at 3 metres;33.7 metres of 0.4 g/t gold starting at 13.5 metres;23.2 metres of 0.39 g/t gold starting at 5.7 metres."Combined historic and contempora...Read More

A drill site at Ascot Resources' Premier project. Credit: Ascot Resources The latest results from the Silver Coin deposit at Ascot Resources' Premier gold project continue to suggest presence of high-grade mineralization at this zone.Drill highlights include:6.69 metres of 30.81 g/t gold;3.2 metres of 28.96 g/t gold;4.59 metres of 12.24 g/t gold."The new intercepts underpin a better understanding...Read More

Pe??asquito gold mine in Mexico. (Image: Newmont Goldcorp via Flickr) Newmont (NYSE: NEM) (TSX: NGT), the world's No. 1 gold miner, said on Monday it would bump its annual dividend up 79%, effective in the first quarter of 2020, subject to board approval.The increase brings the Greenwood Village, Colorado-based miner's quarterly divvy to 25 cents per share and comes the same day gold prices surg...Read More

Non-precious metals small-cap miners can expect to see target share prices climb by upto 90% on current levels over the next 12 months, Peel Hunt said in its 2020 outlook, publishedRead More

The two operations produced over 49,000 carats to achieve combined sales of US$55 million.The 70%-owned Mothae kimberlite mine in Lesotho realised record tonnes processed and grade in the December quarter to produce 167 stones grading more than 4.8ct and 46 stones at more than 10.8ct.Its first full year of operations in 2019 produced more than 30,000ct, about 45% ahead of plan.The 40%-owned Lulo a...Read More

Provincial governor Rodolfo Suarez issued law 9209 to reform water protection law 7722 of 2007, which effectively prohibited mining through banning the use of cyanide (used in gold processing) and sulphuric acid (used in copper processing).Suarez also announced his support for 19 mining projects including those seeking to exploit uranium, copper, gold, lead, silver, zinc and iron ore, which he sai...Read More

Today is Monday, January 6, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,565.40. It's up 0.84% from yesterday and up 21.8...Read More

Today is Monday, January 6, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Marathon Oil Corporation (NYSE: MRO), Pioneer Natural Resources (NYSE: PXD), and Valero Energy Corporation (NYSE: VLO).Marathon Oil Corporation (NYSE: MRO)Marathon Oil Corporation (NYSE: MRO) is an $11.08 billion company today with a one-year return of -5.95%. Let's look at its pri...Read More

Oil and gold have rallied amid steaming tensions between the United States and Iran.Crude for forward-month delivery has increased by almost 5% to more than $63 per barrel, while gold has risen by over 3% to more than $1,580 an ounce since news of the Soleimani assassination broke.But there's another very special commodity that's rallying even more while quietly sitting in the background: rhodium....Read More

Strengths? The top performing precious metal for 2019 was palladium, gaining 54.20 percent. In a weekly Bloomberg survey of analysts and traders, gold sentiment remained marginally bullish the first days of the New Year. The survey showed eight bullish, two bearish and seven neutral. At week-end, gold advanced toward a six-year high, climbing 1.5 percent to $1,551 an ounce in Lon...Read More

Dear Friend of GATA and Gold:Our friend B.A. tonight challenges optimism among gold and silver investors that the latest crisis in the Middle East will explode Western central banking's longstanding gold price suppression policy.Ordinarily your secretary/treasurer would agree with him and change the channel from news to anything promising comic relief. After all, these geopolitical crises never...Read More

Gold faces big resistance between $1590-$1610 zone. Only a break of this zone will result in $1707.50 and $1822 in the near term. Short term hot money will flow into gold if it rises this week. Gold could be a Las Vegas if it rises this week. The quicker the pace of rise, the more will be short term volatility in gold. I will be closely watching the pace of rise and not the actual rise. Silver i...Read More

Technical analyst Clive Maund discusses the effects of geopolitics on the price of gold. Gold barsIn this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian general and its potential implications for the gold pric...Read More

Bob Moriarty of 321gold discusses the highly anticipated drill program at the Pueblo Grande property. We are in the best time of the year to be invested in resource stocks. That is from late December into perhaps March. Add to that a quite insane U.S. President eager to accelerate the start of World War III for Israel and you have what at least will be an interesting environment until the U.S. ei...Read More

Technical analyst Clive Maund discusses recent movements in the price of silver. Unlike gold, which has forged ahead, there has been very little change in silver since the last update. This is not surprising because gold is stronger than silver during the earliest stages of a new bull market, while silver performs the strongest during the late stages of a bull market as investors "throw caution t...Read More

Another year of covering commodities and select junior mining stocks is all but done and dusted.  We’ve seen palladium prices more than double those of platinum, its sister metal, on tight supply and high demand for catalytic converters in gas-powered vehicles, as smog-belching diesel cars and trucks get phased out to meet tighter air emissions standards particularly in Europe...Read More

We often cover the ongoing JPMorgan silver bullion saga here. It seems we have a new twist in the ongoing story since JPMorgan's takeover of the bankrupt Bear Sterns short silver position in early 2008.Late last year, in early November 2019, CBS’ 60 Minutes show did a puff Public Relations piece for the CEO of the world’s largest and Global Systematic Important Bank.Here we see 60 Minu...Read More

Gold miners’ stocksblasted higher this past week, breaking out of their correction downtrend.  Rapidly-improving psychology fueled suchstrong upside momentum that sector benchmarks are challenging months-old upleg highs.  Most traders assume this is righteous, that goldstocks’ next upleg is starting to accelerate. But key indicators argue the contrarian side, that this b...Read More