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 has fallen victim to what economists call the middle-income trap. Economists consider a low-income country to have around $5,000 annual income per capita. Middle-income countries have between $8,000 and $15,000 annual income per capita. High-income countries begin at around $20,000 annual income per capita.China's per capita annual income is $12,970 - solidly in the middle income category. B...Read More
I'm currently exploring Antarctica, faraway from all the world's turmoil. My expedition just doesn't want to end up like the people on the Titanic! This iceberg was a bit too close for comfort: But this isn't a travelogue and you want to know what's happening in the fields of finance, economics, politics, geopolitics and more. So let's dig in...I've been writing a lot lately...Read More
CHEYENNE, Wyo., Feb. 14, 2023 /PRNewswire/ -- U.S. Gold Corp. (the "Company," "we" or "our") (Nasdaq: USAU) is pleased to announce that it will be presenting and exhibiting at the Mines and Money Miami 2023 Conference (the "Conference"). The Company's management invites shareholders and all interested parties to attend; admission to the Conference is free for qualified investors.The Conference wi...Read More
Keith Barron, president and CEO of Aurania Resources, discusses the junior's Lost Cities gold project in Ecuador. Barron, who was a principal of Aurelian Resources, which made the Fruta del Norte gold discovery in Ecuador, spoke with Northern Miner staff reporter Henry Lazenby at the Vancouver Resource Investment Conference in January.Read More
Alaska-focused developer Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has released an updated feasibility study for its Arctic copper-zinc-lead-silver-gold project in the Ambler mining district, outlining slightly weaker economics amid an inflationary backdrop.Trilogy, which has a 50% stake in Ambler Metals, a joint venture with South32 Ltd. (LSE: S32; ASX: S32; JSE: S32), outlined a 10,000-tonne-per-d...Read More
This week's podcast features interviews from the Vancouver Resource Investment Conference, featuring Keivan Hirji of Newmont's Sustainability and External Relations Team for North America; Kai Hoffman, Founder and Managing Director of Soar Financial Partners; Rick Rule, CEO of Rule Investment Media; and Andy Wurst, Global Chief Geoscientist with Barrick Gold. The interviews were conducted by North...Read More
Ivanhoe Electric (TSX: IE) has provided an updated mineral resource estimate for the Santa Cruz copper project located west of Casa Grande, Ariz., which now includes the first resource for the East Ridge deposit directly adjacent to the Santa Cruz deposit and for the Texaco deposit 1.6 km to the northeast.This resource update is based on much higher cut-off grades than the 0.39% used in the Decemb...Read More
Veronique Noll, vice-president of products and solutions with PhotoSat discusses her company's work using satellite imagery to produce geospatial surveys and maps for mining clients. Noll spoke with Northern Miner staff reporter Henry Lazenby at AME in January.Read More
Despite tight restrictions, an Australian junior is planning to begin construction of Chile's first new lithium project in decades. Home to the world's largest lithium reserves, Chile's exports of the mineral have soared in recent years as producers Albemarle (NYSE: ALB) and SQM (NYSE: SQM) have rushed to expand capacity to meet red-hot demand from the electric vehicles industry. Exports rose 47%...Read More
Explorer and developer Bluejay Mining (LSE: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary Disko Exploration, as previously announced.Executive chairperson Robert Edwards, who joined the Bluejay team in October, said that after completing a strategic review, the company has concluded a demerger was not the best way forward. The junior had annou...Read More
Africa-focused Gemfields (LSE: GEM; JSE: GML) said on Tuesday it had suspended operations and was evacuating personnel from its Nairoto exploration camp in Mozambique following an attack on a nearby village.The company's project is located in the resource-rich northern Cabo Delgado province, which has become the epicentre of Islamic extremist insurgency.The violent rebellion, locally known as al...Read More
The Toronto-quoted equity of explorer ATAC Resources (TSXV: ATC) jumped about 38.5% on Monday following the weekend announcement by Victoria Gold (TSX: VGCX) of a takeover bid at an 85% premium.While the all-scrip deal values ATAC at 12 ? per share, implying a value of $25 million, ATAC's board has rejected the unsolicited offer, prompting Victoria on Monday to extend the offer to Feb. 17 to give...Read More
Unrealistic expectations for the energy transition could undermine the bullish demand scenarios currently accepted as the norm as the energy transition unfolds, Capitalight Research MD Tom Brady says.For example, global automotive market sales are expected to more than double to nearly 125 million by 2030, with 'base case' scenarios pointing to 35% PEVs in the mix. By 2050, most scenarios have the...Read More
Kinross Gold (TSX: K; NYSE: KGC) says the first mineral resource for its billion-dollar Great Bear project in northwest Ontario shows potential to be a world class asset. The open-pit indicated mineral resource shows 33.1 million tonnes grading 2.6 grams gold per tonne for 2.7 million oz. contained metal, Kinross said Monday in a news release. The total open-pit and underground inferred resourc...Read More
Stephen Desposito, founder and CEO of Regeneration discusses his company's work helping placer miners in Yukon and Alaska re-mine gold from old tailings, restoring habitat and selling the gold to corporate customers. Desposito spoke with Northern Miner staff reporter Henry Lazenby at AME in January.Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's best drill assays come from Australia and Canada. Red 5 (ASX: RED) announced on Feb. 7 that hole KHRD0868 at the King of the Hills project had returned 50.5 metres grading 15.9 grams gold per tonne from 14...Read More
During the Feb. 6-10 trading week, the Dow Jones Industrial Average fell 56.7 points or 0.17% to 33,869.3 and the S&P 500 fell 46 points or 1% to 4,090.5.Among this week's top-traded stocks was major Barrick Gold, which saw at least 31 million shares change hands by market close on Friday. The company's equity added US62 ? to end the trading week at US$23.94. The company made headlines this week a...Read More
The S&P/TSX Venture Composite Index retreated by 6.7 points or 1.1% over the Feb 6-10 trading session, ending the week at 613.42.Callinex Mines was the week's top value gainer, adding 71 ? per share to close at $3.35 apiece on Friday. On Feb. 6, the company announced it had appointed former Hudbay Minerals CEO Peter Jones to its technical team. Jones is credited for playing a pivotal role in devel...Read More
Over the Feb. 6-10 trading period, the S&P/TSX Composite Index rose by 146.22 points or 0.7% to 20,758.34. The S&P/TSX Global Mining Index gained 3.34 points or 2.9% to 116.22 and the S&P/TSX Global Base Metals Index ended 10 points or 4.9% higher at 202.37. The S&P/TSX Global Gold Index gained 9.47 points or 3.3% to 290.92 and spot gold ended the week flat at 1864.82 per oz., down just US93 ?. T...Read More
Vulcan Energy Resources (ASX: VUL), one of the very few lithium miners in Europe, said on Monday it plans extract enough lithium to supply up to 500,000 electric vehicles (EVs) a year to help the local industry transition from combustion engine to battery power.The Australian miner now aims to produce 24,000 tonnes of lithium hydroxide monohydrate (LHM) per year by 2027, according to the definiti...Read More