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
Lundin Gold beat guidance and produced a record 476,329oz of gold in 2022 from its Fruta del Norte mine in Ecuador. "For the second year running, Lundin Gold has beaten its production guidance.Read More
"We are pleased to receive positive recommendations from ISS and Glass Lewis, which reaffirm our strategic rationale for the Arrangement and the resulting benefits to shareholders," said MichaelRead More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingStreamsong Resort, one of the world's leading golf destinations, and approximately 7,000 acres of land in which i...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming Threats to local wildlife and plants are rapidly again dominating news headlines, court time, and local protest...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingThe shift in sentiment is evident in two investment bank research reports circulated earlier today (Friday) with...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 34 points in pre-opening trade. Delta Airlines dropped $1.49 to $38.11 after the company reported lower than consensus fiscal first quarter earnings. JP Morgan slipped $0.14 to $139.49 after reporting less than consensus fourth quarter earnings. Virgin Galactic added $0.55 to $5.17 after the company affirmed commercia...Read More
Two weeks ago, Southwest Airlines had a massive meltdown but they weren't the only airline affected. Flight delays ruined vacations and travel plans for millions the world over. It was never clear why.Oh sure, blame the weather but that has become a strangely opaque excuse. You look outside and the weather seems fine but then someone snaps at you: Can't you see that the snow is bad in Buffalo?So o...Read More
Touch off the rockets. Light the sparklers and raise a joyous toast...For the experts have been proven correct - finally and for once. NBC News:Price growth in the United States cooled in December as the economy continued to show signs of weakening. Inflation landed at 6.5% compared to the 12 months prior.That figure was in line with analysts’ expectations, and a decrease from the 7.1% seen...Read More
With renewed interest in the discovery potential of the eastern Yukon and the western Northwest Territories, accomplished mineral explorer and mining financier Simon Ridgway Rackla Metals (TSXV: RAK) CEO is returning to his roots with a focus on the region's Tombstone Gold Belt.Throughout his colourful career, broadly entailing playing poker by night and researching or 'kicking rocks' by day, Ridg...Read More
High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says.Protectionism from some countries has been a wakeup call to the global community, spurring it to work towards ensuring food security needs are met amid a tightening of fertilizer supplies, says CEO Matt Simpson in an intervie...Read More
There's no denying the world is an entirely different place compared with a year ago, says Cambridge House International's president and CEO, Jay Martin, as more than 300 mining juniors prepare to attend the Vancouver Resource Investment Conference (VRIC) on Jan. 29-30."The era of trust is over," he declares. "We are entering a new era of de-globalization. The trust that allowed for global trade o...Read More
Saudi Arabian state miner Ma'aden inked a major new deal with the kingdom's sovereign wealth reserve the Public Investment Fund (PIF) at the Future Minerals Forum 2023 in Riyadh this week.The deal was among more than 20 agreements and memoranda of understanding signed between the state mining entity and other international companies at the three-day summit, Ma'aden said in a news release Thursday....Read More
Saudi Arabia aims to start construction by December on the world's first integrated battery metals complex built and fed with raw materials by the same company.Perth, Australia-based EV Metals Group, which is controlled by Saudi Arabia, wants to construct the battery metals complex on a 1.3-sq.-km plot in Yanbu on the Red Sea about 1,000 km west of Riyadh, EVM chief executive officer Michael Naylo...Read More
Space never ceases to fascinate, whether it is our reaching the extra-terrestrial or the extra-terrestrial reaching us.We experienced a taste of the former on Jan. 9, when the U.K. Space Agency initiated a new era of domestic spaceflights with the first orbital mission from a British spaceport. The 'Start me up' program (named after the 1981 Rolling Stones hit) plans to make Britain the first nati...Read More
Record fourth-quarter production brought total annual output last year to 460,400 oz. of gold for Alamos Gold (TSX: AGI; NYSE: AGI), with its three mines in Canada and Mexico expected to produce between 480,000 and 520,000 oz. this year and should remain at similar levels in 2024 and 2025.In the fourth quarter, Alamos produced 134,200 oz. of gold, a 9% increase from the third quarter, the miner sa...Read More
Taseko Mines (TSX: TKO; LSE: TKO) has secured US$25 million in additional financing to pay for the solvent extraction and electrowinning (SX/EW) plant for its Florence copper commercial production facility in Arizona.The latest funding agreement, with Bank of America Leasing & Capital LLC, follows an initial investment of US$50 million made recently by Japan's Mitsui for construction of the in-sit...Read More
Eurasian Resources Group has signed deals to explore in Saudi Arabia with a Mars rover-like sampler as it helps prepare a passport for electric vehicles showing their battery mineral sources.The Luxembourg-based company, which is 40%-owned by the Kazakhstan government, agreed on Wednesday with Saudi state-owned miner Ma'aden to search for copper, nickel, lead, zinc and rare earths, chief executive...Read More
Joint-venture partners Iamgold (TSX: IMG; NYSE: IAG) and Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF) have boosted the total metal content by 63% at their Nelligan gold project in central Quebec.Iamgold and Vanstar currently own 75% and 25% of Nelligan, respectively, after signing an option agreement in 2014. The latest resource estimate updates the first resource that was completed in 2019...Read More
EV Nickel (TSXV: EVNI) has announced 12 additional assay results near its Carman-Langmuir area in northern Ontario confirming it as a potential large scale nickel prospect. Also referred to as the "CarLang area," the nickel target lies near the miner's Shaw Dome project southeast of Timmins, Ont. and assay analyses of 23 holes and core logging of five other holes confirmed that every hole of th...Read More
Diversified explorer Arkle Resources (AIM:ARK) said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in southeastern Ireland.Of 34 rock chip samples taken from the site late last year, six returned lithium grades of more than 0.02%, with one returning 0.09%, said the company, which until 2019 was known as Connemara Mining. The six samples that showed elevat...Read More