Recent News

Auryn finds copper zone at Sombrero in Peru

January 11, 2019 / www.northernminer.com

Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main target on its Sombrero North copper property in Peru. Rock samples it collected at the 1.2 km by 500 metre Milpoc graded as high as 8.75% copper and 101 grams silver per tonne. Auryn optioned the 1,200 sq. km Sombrero copper-gold project in July 2016 fro...Read More

LME #nickel enjoying strong trading session, +2% for the day, +6% for the week. Inventory drawdown continues apace,...

January 11, 2019 / twitter.com

"LME #nickel enjoying strong trading session, +2% for the day, +6% for the week. Inventory drawdown continues apace, with global reported stocks now at lowest level since Q3 2013. Graphic courtesy Scotiabank"Read full newsRead More

Newmont cuts 120 jobs at Nevada gold mining operation

January 13, 2019 / dlvr.it

Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs a...Read full newsRead More

Gold Discoveries and Mergers on the Cards for 2019

January 12, 2019

  The gold sector has been the talk of the town this week, as a series of bullish New Year’s predictions for the yellow metal coincided with heavyweight players predicting M&A activity among miners.   With 2018 ending in a rout for markets and the gold price already gathering pace, talk of an up-cycle is hardly surprising. But, most commentators pointed to gold equities havi...Read More

Pan American Silver shareholders approve Tahoe Resources acquisition

January 08, 2019 / www.mining.com

Pan American Silver (TSX: PAAS) announced Tuesday that shareholders overwhelmingly (98%) approved the resolution to increase the maximum number of authorized shares of Pan American and the resolution to issue up to 72,533,152 Pan American shares in connection with the proposed plan of arrangement that Pan American will acquire all of the issued and outstanding shares of Tahoe Resources.Tahoe share...Read More

Ascot Resources to Acquire IDM Mining in Golden Triangle Deal

January 08, 2019 / bit.ly

Ascot Resources and IDM Mining say the merger will create aRead full newsRead More

Silver Price Trend Analysis 2019 Video / Commodities / Gold & Silver 2019

January 05, 2019 / www.marketoracle.co.uk

This is the 3rd video in a series of 4 that concludes in a trend forecast for the Silver price 2019. Silver Price Trend Forecast 2018 ReviewGold - Silver RatioSilver Price Trend Analysis 2019Silver Price Trend Forecast Conclusion for 2019 The whole of this analysis was first been made available to Patrons who support my work.So for immediate First Access to ALL of my analysis and trend forecasts (...Read More

Bloomberg out with a bullish take on 2019 metals price performance. "Our analysis of demand : supply for copper, al...

January 03, 2019 / twitter.com

"Bloomberg out with a bullish take on 2019 metals price performance. "Our analysis of demand : supply for copper, ali, #nickel & zinc show the ratio improving above par & for the longest period in the database since 1995." https://t.co/Ydx235Vca0"Read full newsRead More

Venezuela and Turkey Unite to Profit from Amazonian "Blood Gold"

December 25, 2018 / dlvr.it

Dozens of massacres and a sprawling organized crime structure are behind a recent alliance between the governments of Venezuela and Turkey to extract, refine and market the "blood gold" that leaves the Amazon and supplies cross-border illegal economies. During a recent visit to Venezuela, President Recep Tayyip Erdogan ratified the leading role of Turkey in ...Read full newsRead More

Kirkland Lake finds visible gold at Fosterville in Australia

December 17, 2018 / www.northernminer.com

Kirkland Lake Gold (TSX: KL; NYSE; KL) has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in Victoria, Australia.The company says results from 47 new drill holes, totaling more than 17,000 metres of underground drilling outside the current measured and indicated Swan resource, are confirming its geological model. It ha...Read More

New British Columbia Geological Survey report highlighting the crucial role played by the BC mining industry in a l...

December 12, 2018 / twitter.com

"New British Columbia Geological Survey report highlighting the crucial role played by the BC mining industry in a low-carbon economy. FPX's Decar #nickel project highlighted in this handy map of BC mines/projects https://t.co/DRT1H0MJgB"Read full newsRead More

Mining company pays millions for gold dug from mine dumps

December 18, 2018 / dlvr.it

BUTTE, Mont. (AP) - One man's trash is another man's gold.Read full newsRead More

FPX Chairman Peter Bradshaw has received the @AME_BC 2018 Gold Pan Award for exceptional meritorious service to min...

December 06, 2018 / twitter.com

"FPX Chairman Peter Bradshaw has received the @AME_BC 2018 Gold Pan Award for exceptional meritorious service to mineral exploration.Read full newsRead More

Philippines #nickel production will fall to 215kt in 2018 from 370kt in 2017. In 2019, nickel output will fall to 1...

December 06, 2018 / twitter.com

"Philippines #nickel production will fall to 215kt in 2018 from 370kt in 2017. In 2019, nickel output will fall to 150kt.https://t.co/W3P9vqTHxj"Read full newsRead More

Vale reduces 2019 #nickel production guidance and announces investments to sustain its Sudbury and New Caledonia o...

December 05, 2018 / twitter.com

"Vale reduces 2019 #nickel production guidance and announces investments to sustain its Sudbury and New Caledoniaoperations https://t.co/jdgEeJ8mYY"Read full newsRead More

Delrey expands portfolio with BC vanadium properties

December 08, 2018 / www.northernminer.com

Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More

Flin Flon mining to stop in 2021, Hudbay memo says

December 01, 2018 / www.northernminer.com

Despite its best efforts, the "most likely scenario" is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM; NYSE: HBM) says.While the company has extended the life of its 777 mine from 2019 to 2021, the memo notes, its efforts to find new sources of ore from 777 "did not turn out as we hoped."That means that the Flin Flon mill...Read More

Drill success continues in Newfoundland for Marathon

December 03, 2018 / www.mining.com

Assays from holes drilled into the southwestern part of the Marathon deposit intersected intervals of high-grade gold over wide intervals at open-pit depths, Marathon Gold Corp. (TSX: MOZ) reports.Highlights include 17.39 grams gold over 5 metres from 213 metres downhole including 1.9 metres of 42.76 grams gold in drill hole MA-18-343, and 19.63 grams gold over 2.3 metres from 67 metres downhole,...Read More

Liberty Gold expands mineralized footprint in Utah at Goldstrike

November 25, 2018 / www.mining.com

Shallow infill and step-out drilling - 250 metres south of the main deposit at Liberty Gold's (TSX: LGD) flagship Goldstrike project in Utah - suggests that oxide gold-bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone has starter-pit potentia...Read More

ANALYSTS TOTALLY WRONG ABOUT GOLD: Top Gold Miners Production Cost Still Provides Floor In The Market Price

November 26, 2018 / news.goldseek.com

By Steve St. AngeloWhile the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price. Or rather, a basic minimum price level. I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-$700. For the gold price to fall back to $450, then we would need to lose 95+% of global gold mine supp...Read More