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
Zacapa Resources Ltd. recently replaced its CEO with its founder. Now the company is poised to drill three major gold projects over the remainder of the year. Zacapa Resources Ltd. (ZACA:TSX.V) is a Canada-based mineral exploration company holding a portfolio of porphyry copper and epithermal gold projects in the U.S. states of Nevada, Arizona, California and Idaho.The company's Pearl project...Read More
Once nameplate capacity is reached there, expected this year, costs should decrease and cash flow generation should increase, noted a Canaccord Genuity report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Q1/23 was notable for both financial and operational hits and misses in terms of expected performance, reported Canaccord Genuity analyst Michael Fairbairn in a May 10 research note."It was a m...Read More
This Canadian company operating in Brazil offers investors attractive return potential and is a Buy, noted a Research Capital Corp. report.Jaguar Mining Inc. (JAG:TSX) posted a Q1/23 that met expectations, reported Research Capital Corp. analyst Stuart McDougall in a May 11 research note."We have updated our model for the results and continue to recommend purchase as a Buy," McDougall wrote.122% P...Read More
Reporting its March quarter results, the company said it had paused all detailed engineering and economic studies while the evaluation takes place.Read More
Highlights at PDA included 14.15m grading 20.95 gpt gold, with the company stating that the deposit has already surpassed La Yaqui Grande in terms of resource size.Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe company is in discussions with license holders and county governments in Kenya and hopes to make quick announcements on copper projects, sa...Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDNewmont has entered into a binding agreement to acquire Newcrest for US$17.8 billion to become the world's largest gold producer with some 8Moz...Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDNewmont successfully completed just over four weeks of due diligence and the two have signed a scheme implementation deed. Newcrest shareholder...Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDChina's Ministry of Ecology and Environment (MEE), last week confirmed that a new, more rigorous, set of emissions standards will go nationwide...Read More
The Spain-focussed company outlined in its January-quarter results that it had benefitted from improved electricity prices, which had impacted its bottom line.Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelUnique in every aspect, the Mint has been a feature of the Australian gold industry for more than 120 years, churning out bars and coins as wel...Read More
(IDEX Online) - Plans to revive the mothballed Ellendale mine - once the world's largest producer of fancy yellow diamonds - have been boosted by "excellent" valuations of bulk samples, says owner Gibb River Diamonds.An independent appraisal of diamonds from the Ellendale 9 Lights stockpile, one of four bulk samples, averaged US$1,443 per carat.The company said updated valuations across a num...Read More
(IDEX Online) - Lab growns over 10 carats are to be auctioned in what's being described as the first sale of its kind.Hundreds of stones will be offered for sale in The Size Matters online event by Virtual Diamond Boutique (VDB), the sourcing and trading app.It says it's the "first-ever auction dedicated to laboratory-grown diamonds of such rare and large sizes".Among the vendors in...Read More
(IDEX Online) - Lucara reported a drop of almost 40 per cent in its Q1 sales of diamonds from its Karowe mine, in Botswana.The Canadian miner said rough revenue fell from US$67.2m in Q1 2022 to $41.3m, but it sold more carats - up from 80,295 to 83,374, a reflection of ongoing weakness in the market."As anticipated, Q1 delivered lower revenues than in the comparative period, owing to the change in...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT.Index futures weakened following release of the May Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was a drop to -2.00 from +10.80 in June. Actual was a drop to-31.8. Magellan Midstream Partners advanced $8.39 to $63.80 after Oneok offered to acquire the company in a cash and share...Read More
The "X-Date" is the day the U.S. Treasury goes broke. It's not the same as the debt ceiling but it is a consequence of the failure of Congress to raise the debt ceiling.Right now, the Treasury is at the debt ceiling. That means it has no legal authority to issue net new debt. It can issue new debt if old debt is maturing. That keeps the total debt unchanged; you're just rolling over maturing debt...Read More
"I'll do the deed first," said the president of the United States, Woodrow Wilson. "And then I'll have something to say."President Wilson signs the Federal Reserve Act. Painting in 1923 by Wilbur G. Kurtz; courtesy of Woodrow Wilson Presidential Library and Federal Reserve Bank of St. Louis.With a gold pen in hand, Wilson signed his first name, "Woodrow."He set that pen down and picked up another...Read More
In this interview pro mining investor David Erfle provides his commentary on the gold price and junior gold stock sector.Read More
Vice Media has filed for Chapter 11 bankruptcy protection in order to sell the company and secure its future. A group of creditors ...Read More
Twitter is blocking certain tweets in Turkey ahead of the country's election. Critics accuse CEO Elon Musk of caving in to demands ...Read More