Recent News

Sprott Money News Weekly Wrap-Up - 3.8.19

March 08, 2019 / www.youtube.com

Eric Sprott discusses the latest US jobs numbers as well as other global factors that are driving gold and silver prices.Read More

INN VIDEO - Brian Leni, Founder of Junior Stock Review: M&A is Good for the Market, Here's Why. Watch the interview...

March 09, 2019 / twitter.com

"INN VIDEO - Brian Leni, Founder of Junior Stock Review: M&A is Good for the Market, Here's Why. Watch the interview at https://t.co/P0xrxNS02N @Junior_Stock #preciousmetals #gold #investing"Read full newsRead More

Statement by Ontario and Saskatchewan on the Canadian Minerals and Metals Plan

March 03, 2019 / news.ontario.ca

Today, Greg Rickford, Minister of Energy, Northern Development and Mines, and Bronwyn Eyre, Saskatchewan's Minister of Energy and Resources, have issued the following statement on the release of the Canadian Minerals and Metals Plan:"The federal government has released its Canadian Minerals and Metals Plan (CMMP) to identify opportunities for the Canadian mining industry, with the goal of position...Read More

Shanghai #nickel rises on restocking demand expectation

March 04, 2019 / reut.rs

China's nickel futures rose more than 2 percent on Monday alongside steel p...Read full newsRead More

Anaconda Mining Intersects 59.39 G/t Gold Over 7.0 Metres And 6.17 G/t Over 8.0 Metres at Argyle; Provides Infill D...

March 04, 2019 / twitter.com

"Anaconda Mining Intersects 59.39 G/t Gold Over 7.0 Metres And 6.17 G/t Over 8.0 Metres at Argyle; Provides Infill Drilling and Development Update https://t.co/sKIkc7hM8E"Read full newsRead More

Canada Mining Boom as Gold Giants do Battle

March 01, 2019

The M&A battle among the world’s biggest gold diggers intensified this week, with Barrick bearing its teeth in a US$18 billion hostile bid for arch rival Newmnont.   The move was immediately blasted as “desperate” and “bizarre” by Newmont’s CEO, Gary Goldberg. He suggested the “at market valuation” offer - actually a discount to recent sha...Read More

Barrick Gold CEO: Newmont merger would deliver 'real value' in Nevada

March 01, 2019 / dlvr.it

Jim Cramer talks with Barrick Gold CEO Mark Bristow about his company's bid for Newmont Mining.Read full newsRead More

NEWS! Metallurgical testing at our PEA-stage Baptiste deposit achieves significant improvements in recovery and gra...

February 25, 2019 / twitter.com

"NEWS! Metallurgical testing at our PEA-stage Baptiste deposit achieves significant improvements in recovery and grade, including the production of a 72% #nickel concentrate and 64% Fe iron ore by-producthttps://t.co/JHZnO4CKbE"Read full newsRead More

Eramet plans new measures for #nickel unit as losses continue

February 21, 2019 / reut.rs

France's Eramet said on Wednesday it would make a fresh effort this year to...Read full newsRead More

Canada's gold production to grow robustly in 2019 - Report

February 24, 2019 / www.mining.com

Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More

Nickel Miners Boosted as Copper and Gold Shine

February 22, 2019

Talk that nickel stocks are being run down gave a boost to some of the nickel mining companies in a week where gold and copper posted high points.   Ambitious Canadian explorer FPX Nickel Corp (FPX.V) shared an infographic by commodities giant Glencore, which projected likely inventory drawdowns for nickel, zinc and copper for 2019. In the case of nickel and zinc, inventory declines were fo...Read More

Informative graphic from @Glencore showing 2013-18 CAGR demand for base metals, predicting continued inventory decl...

February 20, 2019 / twitter.com

"Informative graphic from @Glencore showing 2013-18 CAGR demand for base metals, predicting continued inventory declines even in the unlikely event of demand contraction in 2019 #nickel https://t.co/t7tLFk0720"Read full newsRead More

Peru raids biggest illegal mining zone to stem Amazon gold rush

February 20, 2019 / www.mining.com

Peru moved to shut down a major illegal gold mine hub deep in the Amazon after years of expansion destroyed pristine rain forest and polluted rivers with mercury.The government deployed 1,500 agents from the police and armed forces to La Pampa in the Madre de Dios region of southeast Peru on Tuesday to begin closing down mine operations. The crackdown will last two weeks and aims to eradicate mini...Read More

Glencore will 'vigorously contest' $680m tax demand

February 20, 2019 / www.mining.com

Glencore on Wednesday said it would "vigorously contest" a $680 million tax demand from the British authorities linked to transfer pricing.The Swiss-based mining and trading company has offices in London and is London-listed. The British tax authorities issued formal transfer pricing, permanent establishment and diverted profits tax assessments for the 2008 - 2017 tax years, amounting to $680 mill...Read More

Kinross Gold posts $23.6M loss for 2018

February 17, 2019 / www.northernminer.com

Kinross Gold (TSX: K; NYSE: KGC) produced 2.45 million gold-equivalent ounces last year with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and forecasts company wide production this year will be similar to 2018.The company reported an attributable all-in cost per oz. sold on a by-product basis of US$1,287, down from US$1,308 per oz. in 2017.The Toronto-he...Read More

Copper cops play game of cat and mouse around desert convoys

February 18, 2019 / www.mining.com

By Laura Millan Lombrana(Bloomberg) - Just weeks after the police unit was formed, they caught their first glimpse of the copper thieves - the silhouettes of a group of men on a hill overlooking the rail lines - triggering a car chase at the dead of night across Chile's Atacama desert.While the pursuit ended in failure, with the gang disappearing into the dark at full speed, at least the police ha...Read More

AI and an eye for proven junior gold stocks: this week's tips on riding the gold train

February 16, 2019

The interest in gold mining stocks intensified this week as analysts saw further reasons to believe the precious metal itself can sustain its current form and pointed to junior stocks as the best way to benefit should a sustained rally materialise.   Stewart Thomson suggested on Goldseek that the latest, tiny “price correction” in the precious metal may already be done, and gave...Read More

Pierre Gratton, president and CEO of the Mining Association of Canada, discusses why he believes Bill C-69 could ac...

February 12, 2019 / twitter.com

"Pierre Gratton, president and CEO of the Mining Association of Canada, discusses why he believes Bill C-69 could actually help the Canadian mining sector https://t.co/GwCVnfPI7G"Read full newsRead More

Gold pares gains, but notches second straight winning session

February 13, 2019 / www.marketwatch.com

Gold futures finished higher for a second consecutive session on Wednesday, but pared much of their earlier gains as traders tracked moves in the benchmark dollar index, the latest developments in the U.S.-China trade dispute and efforts to avoid another partial U.S. government shutdown. "The 'risk-on' vibe sweeping across global markets and the stabilizing U.S. dollar are bad news for gold which...Read More

Dundee ups 2018 revenue, net earnings

February 13, 2019 / www.mining.com

Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659. (All monetary figures are U.S. dollars.)For the full year, metal production totaled 201,095 oz. of gold and 36.7 million lb. of copper. The s...Read More