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

Enough is enough. No market can decline without correcting every nowand then. And both gold and the USDX point to an upcoming reversal.Let’s start with gold.IsIt Over? Looking at its price from ashort-term point of view, we see that it paused for a brief moment at its 38.2%Fibonacci retracement level. And then – after the pause – golddeclined.Not only that – it declined bel...Read More

The two global crude benchmarks are stillenjoying momentum that began on Thursday – despite larger-than-expected UScrude inventories – following reports from the financial press that Russia willcut oil exports from its western ports by 25% per month in March compared toFebruary in response to Western sanctions.These claims, however, have not yet beenconfirmed by the Russian Ministry of...Read More

"Central banks are so confident that gold prices will continue rising that they are..."Central banks have been scooping up gold with a vengeance.Here's a Jan. 31 Financial Times headline:'Colossal' central bank buying drives gold demand to decade highInterestingly, just a few days later on Feb. 3, the precious metal dropped by more than 2%. But setting aside near-term price moves in gold, what yo...Read More

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsInglis said rapidly evolving digital tools would remove much of the mundane graft of exploration...Read More

Cabacal will produce an annual 131,100ozpa gold equivalent at an all-in-sustaining cost (AISC) of $671/oz during the first five years of a 22.3-year mine life.Read More

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe $10.Read More

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metals Newrange's current focus is gold exploration ground in the Red Lake area of north-western Ontar...Read More

The company, a subsidiary of the Grosso Group, acquired a 100% interest in 460.5 hectares of the mid-grade Rincon West lithium resource at the Rincon Salar in Salta Province in 2021, with a further 3,282 hectares of claims available. Drilling began last year, with an initial programme of nine diamond drills, which have produced ever more positive lithium brine values, including a 153m interval ran...Read More

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe deal, inked on March 6 by UK business and trade minister Nusrat Ghani and Canadian minister...Read More

Zenith Minerals executive chairman David Ledger tells Mining Journal the company is leveraging its pedigree in exploration, with progress at its lithium assets, gold and base metals deposits, zinc joint venture and new project.Read More

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsFor the small army of investors that backed Sirius, there may one day be a silver lining, assumi...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Traders are waiting for testimony on U.S. monetary policy in front of the U.S. Senate Banking Committee by Federal Reserve Chairman Jerome Powell starting at 10:00 AM EST. Dick's Sporting Goods added $6.66 to $138.80 after reporting higher than consensus fourth quarter revenues and earnin...Read More

Remember Modern Monetary Theory or "MMT"? I first sounded the alarm back in 2018 and then again in 2021.At the time, MMT was all the rage among monetary and fiscal policy wonks. It seemed to offer the best of all possible worlds. You can spend as much as you want without any downside.The main tenets of MMT are that debt and deficits don't matter because the Fed can monetize the debt by printing mo...Read More

Canada is considering how to match funding opportunities by the United States for critical mineral projects while balancing national security with the need for Chinese investment, Natural Resources Minister Jonathan Wilkinson says. Ottawa announced plans last year to spend $3.8 billion in a critical minerals strategy to 2030 while the U.S. Inflation Reduction Act (IRA) is allocating about US$36...Read More

Prices and supplies of critical metals will increasingly hinge on government policy and geopolitical tensions, three of Canada's top bankers said Monday at PDAC.Speaking on a panel moderated by Northern Miner Group president Anthony Vaccaro, part of the "Peaks and valleys in mineral sector financing" session on the second day of the conference, executives from three of Canada's five major banks s...Read More

The creation of a lithium cartel in South America could drive away investment, according to Ana Cristina Cabral-Gardner, CEO of Sigma Lithium Resources (TSXV: SGML).Argentina, Chile, Bolivia and Brazil are analyzing the creation of a group in charge of expanding South America's processing capacity, turning more of their mined lithium into batteries, and tapping into the electric vehicles manufac...Read More

This week's episode features Dean McPherson, head of business development for global mining at TMX Group, in conversation with Northern Miner host Adrian Pocobelli. Dean explains why Canada continues to remain the preeminent jurisdiction for mining companies to both base their headquarters and be listed as public companies. He also describes how companies graduate from the TSX Venture Exchange to...Read More

Ottawa awarded six critical minerals companies a total of $14 million on Tuesday to help them develop technologies to mine or process metals bound for electric vehicles. East Coast rare earths explorer Search Minerals (TSX.V: SMY; OTC: SHCMF) gets $5 million; about $3.5 million is for Alberta-focused E3 Lithium (TSXV: ETL; OTC: EEMMF), which got $27 million from federal innovation funding last...Read More

The global transition to clean energy is creating unprecedented demand for minerals the sector produces. Minerals such as lithium, silicon, copper, and cobalt are vital if the world is to power electric vehicles, build wind turbines, scale-up solar photovoltaics, create new power grids, and energy storage. Emerging technologies in hydrogen fuel cells and carbon capture may boost demand for platinu...Read More

Multinational miner Vale (NYSE: VALE) and University of Toronto have launched what they describe as a first-of-its-kind partnership aimed at developing more sustainable mining solutions and the talent needed to create them.To support the partnership, which will focus on decarbonization and the energy transition, the base metals miner will contribute $1.6 million over the next three years to the un...Read More