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

As investors and others continue to jockey for position in order to announce that “the bottom is in for gold” or that “gold owners received an early Christmas present” or “crypto failures will translate to higher prices for gold”, it is clear that most of them are thinking that increased demand for gold will drive its price higher.That is not the way it works....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 company, previously known as BlackEarth Minerals, said its preliminary work suggested a BAM operation that co...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"As the minister of finance of Saudi Arabia said, mining in Saudi Arabia is an economic play. It's not a fiscal p...Read More

Hecla and the United Steelworkers (USW) Union Local 5114 have agreed to a 6-year contract.Read More

Last year's gold production was around 1% lower than the 4.2M oz of gold produced in 2021 and the third straight year of an annual decline in output.Read More

Interest in gold has been muted in recent quarters compared to other asset classes, partly because rising real rates and a stronger US dollar offered no incentive to increase exposure to gold.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 & streamingTake Anglo's ESG credentials. One view holds that Anglo is probably ahead of the curve on matters green. In a rec...Read More

(IDEX Online) - Petra Diamonds announced yesterday that it had taken the "difficult decision" to put its loss-making Koffiefontein mine, in South Africa, on care and maintenance as it prepares for complete closure.The UK-based miner said it had failed to find a buyer for the underground deposit, which dates back to 1880 and which was expected to reach the end of its life in 2025."Production at Kof...Read More

(IDEX Online) - Exhibitors booked $3.7bn of orders at India's flagship trade show, the IIJS Signature, according to initial estimates by the GJEPC (Gem & Jewellery Export Promotion Council).Over 20,000 visitors attended the four-day India International Jewellery Show at the Bombay Exhibition Centre, in Mumbai, down on the 32,000 forecast by organizers. All but 800 were from India."The rec...Read More

(IDEX Online) - Rio Tinto has lowered the 2023 production forecast for its Diavik diamond mine, on the edge of Arctic Circle, in Canada. It now expects to produce 3.0m to 3.8m carats, compared with a 2022 forecast of 4.5m to 5.0m carats. Actual production for last year was on target, at 4.7m carats. Rio Tinto, the world's second-largest metals and mining corporation, gave no explanation for t...Read More

(IDEX Online) - Petra Diamonds says it's considering "additional financing options to provide support" while its Williamson mine is out of action.It also says it's talking to the government of Tanzania about the sale of a long-disputed diamond parcel that was confiscated in September 2017.A breach of the mine's tailings storage facility last November released 12.8m cubic metres of m...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 & streamingBHP Xplor is an exploration accelerator established in August 2022, designed to support junior explorers and come...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 & streamingResearch published last year by advisory group GlobeScan positioned mining dead-last in a table of 20 industries...Read More

Cobre Panama had a strong quarter, with copper volumes increasing from 80,000t in 4Q21 to 90,000 in 4Q22 despite a  sharp deterioration in relations between the two sides in December last year.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 & streamingRio shipped 321.6 million tonnes, on a 100% basis, unchanged from 2021 and at the bottom end of 2022 guidance of...Read More

Rio Tinto has developed the Nuton technologies, an extensive portfolio of advanced copper heap leaching technologies targeted at primary sulfide minerals including lower grade minerals, which couldRead More

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. The Canadian Dollar added 0.09 to US74.561 cents following release of Canada's December Consumer Price Index at 8:30 AM EST. Consensus was a decrease of 0.5%. Actual was a decrease of 0.6%. On a year-over-year basis, consensus for December CPI was an increase of 6.4% versus a gain of 6....Read More

What if the “black swan” of 2023 is the Federal Reserve succeeds? Two stipulations here:1. “Black swan” is in quotes because the common usage has widened to include events that don’t match Nassim Taleb’s original criteria/definition of black swan; the term now includes events considered unlikely or that are off the radar screens of both the media and the alt-med...Read More

Goldshore Resources (TSXV: GSHR) reported the assay results for seven infill holes drilled in the centre portion of the QES Zone in the current Moss Lake resource outline in Ontario.The best intercept from hole MQD-22-072 highlighted a broad zone of mineralization grading 1.03 grams gold per tonne (cut) over 116.6 metres (true width). Within this intercept was a high-grade core of 1.76 grams gold...Read More

Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold's (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on the back of several operational issues.Barrick reported a 13% sequential recovery in gold output for the December quarter to 1.12 million oz., bringing the full-year total to 4.14 million oz, 1% less than fo...Read More