Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year. Copper concentrate imports 21.77 million tonnes, down 1% year on year China's imports of copper concentrate, a major feed for primary smelting, dropped marginally in 2020...Read More
Newmont (TSX: NGT; NYSE: NEM) has reported its 2020 year-end reserve and resource update, and its 94.2 million oz. of attributable gold reserves are the largest in the industry, the gold miner says. In addition, over 90% of the reserve inventory is in 'top-tier' jurisdictions, with an operating reserve life of over 10 years and at an average grade of 1.03 grams gold per tonne. Approximately 35% o...Read More
Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) plans to begin early construction works at its Matawinie graphite project in Quebec in the second quarter, after receiving a key authorization from the province.With the issue of an environmental decree from the Quebec government, the junior says it now has the operational criteria and final design parameters to launch construction activities. Full...Read More
Exploration and development company Bacanora Lithium (LSE: BCN) has begun initial site activities at its flagship Sonora lithium project in Mexico.The company is developing the mine with strategic partner Ganfeng Lithium, which recently increased its stake in the Mexican project from 22.5% to 50%, injecting US$65 million into Bacanora's coffers.Production of battery grade lithiumis scheduled for...Read More
Bowing to public pressure, Alberta has reversed course on its decision last May to rescind the province's 1976 policy governing coal exploration and development in the Eastern Slopes region of the Rocky Mountains.At the time when it lifted the policy, it framed the action as a modernization of regulations.However the move alarmed multiple groups - including ranchers, environmental and First Nation...Read More
Zinc premiums were flat across Asia, Europe and the United States in the week to Tuesday February 9, while the ongoing supply tightness for lead in the US has allowed those who have material available to "name their price." Widening arbitrage loss and low demand due to Chinese New Year keeps Shanghai, Southeast Asia zinc premiums flat. On-warrant inventory in Singapore and Port Klang, Malaysi...Read More
The coronavirus outbreak triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money.Read full newsRead More
The company has an acquisition option on the former Kenville gold mine, which produced 65,236 ounces of gold, and 27,686 ounces of silver...Read full newsRead More
/PRNewswire/ -- Peru's mining industry has been on the upswing in recent years and is headed higher still as investors continue to pump money into projects....Read full newsRead More
SKRR Exploration Inc. is pleased to announce that it has intersecRead full newsRead More
Scottie Resources Corp. is pleased to report drilling results onRead full newsRead More
IMetal Resources Inc. is pleased to announce the acquisition of aRead full newsRead More
Libero Copper & Gold Corporation is pleased to announce that dueRead full newsRead More
Gold stocks like Barrick Gold (TSX:ABX)(NYSE:GOLD) have fallen from their 2020 highs. This makes sense, as gold prices have also fallen and as the pandemic crisis fears have been replaced with hope — hope for vaccines, for a return to normalcy, and for economic growth in 2021. But is this optimism sustainable? Let’s look at Barrick Gold and Agnico-Eagle Mines (TSX:AEM)(NYSE:AEM) s...Read More
Got a few dollars to spare? Invest in these five high-growth Canadian stocks trading under $20 for outsized growth in the long run. Kinross GoldGold and silver mining company Kinross Gold (TSX:K)(NYSE:KGC) is an attractive investment for long-term investors. Its stock has delivered exceptional returns over the past several years, thanks to the increased average realized prices and h...Read More
Warren Buffett is a wildly successful investor whose name is now synonymous with Wall Street genius, if not the GOAT of investing. However, the man himself would not measure his success by prosperity or wealth like how people would generally do. He once said, “By far the best investment you can make is in yourself.”Buffett’s quote refers to communication skills. The legendary inv...Read More
A few weeks ago, I wrote about the Capitol Hill riots and the role facial recognition technology played in identifying perpetrators.You see, the FBI collected more than 100,000 digital images from the January 6 insurrection, and they've played a vital part in the more than 70 arrests that have since taken place.That's because local police departments and citizen sleuths have been able use advance...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday February 11 that are worth another look.Luxembourg-based steelmaker ArcelorMittal has decided to resume its galvanizing capacity expansion project in southern Brazil in response to fast-growing demand in the country, the company stated in its fourth-quarter earnings report published on Thursday. The project aims to increase col...Read More
The zinc futures contract had the biggest increase among base metals on the London Metal Exchange, and lead surpassed the $2,100-per-tonne mark at the close on Thursday February 11.The rest of the base metals held around their recently established highs.Zinc's three-month price climbed 2.4% on Thursday to $2,789.50 per tonne from its closing price of $2,725 per tonne on Wednesday February 10. Its...Read More
A steady stream of unfunded yet highly prospective opportunities in the battery minerals space led Sir Mick Davis to form investment company Vision Blue Resources (VBR) earlier this year. After raising $60 million in the first few weeks, it has already made its first investment and more will soon follow, Davis told Fastmarkets. The former chief executive of Xstrata Plc said in an interview that ma...Read More