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
Schiff Gold, Released on 3/13/23The failure of Silicon Valley Bank and Signature Bank reminds us of a very important truth - if you can't hold it in your hand, you don't really own it.Continue... If You Can't Hold It, It's Not Really Yours added by Herman James on 03/14/2023View all posts by Herman James ?+'Read More
Having just returned from two large mining conferences, global analyst Adrian Day reviews results from some large gold and silver companies, as well as news on an exciting project. He plans to catch up with a couple more bulletins in the coming days. For the most part, gold company results were affected by higher costs and some operational hiccups. However, Day believes there have been some positi...Read More
LONDON, 10 March 2023 - Comment from BullionVault leads today's gold-market report from MarketWatch, the highly popular US finance and investing news site.While the latest US jobs data was solid, posing a risk to gold prices, "the shock from the crash in shares of Silicon Valley Bank parent company SVB Financial Group SIVB has proven much stronger," says the report, quoting BullionVault director o...Read More
LONDON, 8 March 2023 - Analysis from BullionVault features today at Vietnam's Saigon Times in a report on how comments from US central bank chief Jerome Powell about needing to raise interest rates further to defeat inflation have hit financial markets from stocks to bonds and gold."With the shock of inflation and war in Europe now long faded as a reason to buy gold, the precious metal currently l...Read More
'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Th...Read More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Iris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limited'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesBu...Read More
'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Wo...Read More
Southern Silver's VP of operations Robert McDonald talks to Mining Journal about the progress of drilling at its flagship and the potential for new discoveries in New MexicoRead More
The report calls for the UK government to "clearly explain the connection between critical minerals with climate change and outline its commitment to supporting responsible supply chains to raiseRead More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Iris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limited'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesLo...Read More
(IDEX Online) - Belgium's imports of Russian diamonds in January rose by 36 per cent year-on-year, according to the government-run Belgian Foreign Trade Agency (BFTA).Rough imports were ???EUR? ?132m ($141m) in January 2023, compared with ???EUR? ?97m ($104m) in January 2022, just before Russia invaded Ukraine.The US imposed sanctions on Russian diamonds but the 27 EU nations did not, and Bel...Read More
(IDEX Online) - Former billionaire diamantaire Nirav Modi can't afford the legal bill for his failed appeal against extradition.He appeared via videolink at a court in London last week over non-payment of $180,000 for his legal representation.Last November, Modi, 51, (pictured) lost his last-ditch appeal against extradition to India, where he is accused of fraudulently using letters of undert...Read More
Mongolian prime minister Luvsannamsrain Oyun-Erdene joined Rio chief executive Jakob Stausholm 1.3km underground yesterday to celebrate the milestone. Rio recently paid US$3.Read More
It's often said that the Fed raises interest rates until something breaks. Well, something has broken.The collapse of Silicon Valley Bank (SVB) has really thrown Jay Powell and the Fed for a loop.Just last week, Powell issued some very hawkish testimony before Congress about the need to maintain an aggressive stance against inflation. Markets were even factoring in an 80% chance of a 0.50% rate hi...Read More
I began my trading week by waking up to a long list of banks plummeting into the abyss as a whiff of panic spread beyond the walls of the Silicon Valley Bank implosion.Everyone's still groggy from the weekend time change - but that hasn't stopped friends and relatives from blowing up my phone with countless market meltdown questions...Are stocks going to crash?What happens next?What should I do?Th...Read More
This week's episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul explains why the Global South is becoming increasingly skeptical of Western positioning and policies and how this fits into a larger global trend toward de-dollarization. He also discusses the bankruptcy of Silicon Valley Bank and how it feeds into...Read More
A month after Newcrest Mining (TSX: NCM; ASX: NCM) rejected a US$17-billion takeover bid from Newmont Mining (TSX: NGT; NYSE: NEM), the two are to discuss a potential deal, Australian Financial Review reported on Monday.The two gold miners reportedly signed non-disclosure and standstill agreements, enabling the companies to meet in person and consider the price required for a deal to get off the g...Read More
Burgundy Diamond Mines (ASX: BDM) is buying debt-burdened Arctic Canadian, owner of Canada's largest gem workings, the Ekati mine, to become one of the world's biggest diamond operations. The purchase price is US$136 million, composed of US$21 million in stock, US$15 million in cash, and Burgundy will cover US$100 million in debt owed by Arctic Canadian, it said in a news release on Tuesday. Th...Read More
Volkswagen, Europe's largest automaker, announced Monday its plans to set up an electric vehicle (EV) battery manufacturing plant in St. Thomas, Ont.The facility will be established by Volkswagen's battery maker subsidiary PowerCo, the Wolfsburg, Germany-headquartered company said in a news release.The plant will be PowerCo's first cell factory in North America and its third worldwide behind facil...Read More
New Found Gold (TSXV: NFG, NYSE-AM: NFGC) has added vertical dimension to the new Iceberg discovery at its 100%-owned Queensway project in Newfoundland with a high-grade intercept of 49.7 grams gold per tonne over 29.9 metres drilled below the discovery holes.Shares of New Found Gold soared nearly 17% by market close Monday following the news. The company has a market capitalization of $998 millio...Read More