Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries.Read full newsRead More
Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening fuel demand in the United States and beyond supported prices.Read full newsRead More
Highlights: Pit-Constrained Indicated Mineral Resource Estimate of 5.0 Mt grading 2.49 g/t AuEq and Inferred Mineral Resource Estimate of 13.7 Mt grading 2.24 g/t AuEq; Out-of-Pit Inferred Mineral Resource Estimate of 1.7 Mt grading 3.06 g/t AuEq; and The last exploration drilling campaign expanded a high-grade zinc-gold zone which intersected 4.67m of 15.05% Zn, 4.37 ... Continue readingRead full...Read More
Interview with Cole Evans, President & CEO of Enduro Metals (TSX-V:ENDR)Our previous interview: https://youtu.be/FdW6WM8Vb7EEnduro Metals holds one of the la...Read full newsRead More
TheNewswire - October 25 th 2021 - Opawica Explorations Inc. is pRead full newsRead More
Yesterday inflationary fears stoked the fires of gold bulls taking the precious yellow metal above $1800 for the first time since the middle of September. Although rising inflationary concerns did not diminish, a robust U.S. stock market coupled with dollar strength took gold lower, back below $1800. As of 5:45 PM EDT gold futures basis, the most active December 2021 contract is currently trading...Read More
Last time Bitcoin hit an all-time high in 2017, the price corrected and stayed flat for 2 years before regaining momentum in 2020. Lyn Alden, founder of Lyn Alden Investment Strategy, said that there are too few historical precedents to draw from in order to conclude that this time will be the same. "[A crypto winter] certainly could happen. There are a couple of factors that I think are different...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - The gold market remains in a long-term uptrend. Still, it needsto get through its current consolidation period, according to one investmentfirm.In a report published Tuesday, analysts at Haywood Securi...Read More
By Eric Onstad LONDON, Oct 26 (Reuters) - About $1.5 trillion of investmentis needed to decarbonise electricity supplies used to makealuminium so the sector can start meeting United Nations climategoals, an industry group said on Tuesday. But that huge investment is only a portion of the fundsneeded so output of aluminium, one of the most energy intensemetals, can cut emissions by 2050, the Intern...Read More
(Kitco News) The fiscal and monetary disorder will trigger a move into alternative assets, and silver has the most "explosive" upside potential, said Tavi Costa, Crescat Capital portfolio manager."Silver is the cheapest metal on earth. And I will continue to buy it because it doesn't deserve the sub $30 an ounce price tag. We're going to see flows of capital coming into the space. It's a very th...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices arelower at midday Tuesday, on some normal backing and filling on the chartsfollowing recent gains. Both metals' bulls remain comfortable at present, asnear-term price uptrends...Read More
I'm increasingly sure that what we're seeing in the labor market will define the next several decades.I'm already convinced that what we're seeing is something none of us, especially those in any position of power, are equipped to handle.This is nothing short of a war of attrition. Can the fringes of the labor market affect real change? Can businesses rein in, or even just define, the profound mi...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Although Bitcoin remains an attractive momentum play with pricestrading just off last week's all-time highs, gold investors shouldn't see the digitalcurrency as competition, according to one precious m...Read More
Mr. Carl Lofberg reportsFIREFOX GOLD IDENTIFIES NEW DRILL TARGETS AT UTSAMO AREA, JEESIO GOLD PROJECT, FINLANDFirefox Gold Corp. has provided the results of its recently completed base-of-till (BOT) sampling program at the Utsamo prospect in the northeast part of the company's 100-per-cent-owned Jeesio gold project. The data include strong gold and multielement anomalies associated with multiple i...Read More
(Kitco News) Gold was trading down 1% on the day as the U.S. new home sales beat expectations in September with an advance of 14%. The prior month's number was revised down. New home sales were at a seasonally adjusted annualized rate of 800,000 homes in September, the U.S. Commerce Department said on Tuesday. August's sales were revised down to a rate of 702,000 units.The market consensus calle...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold prices continue to struggle to find new bullish momentum, falling further below $1,800 an ounce as optimism among U.S. consumers rises higher than expected in October.Tuesday, the U.S. Conference B...Read More
Mr. Eric Fier reportsSILVERCREST LAS CHISPAS PROJECT CONSTRUCTION REMAINS ON SCHEDULE AND BUDGETSilvercrest Metals Inc. has provided an update on construction activities at the company's Las Chispas project, located in Sonora, Mexico. All currency amounts herein are presented in United States Dollars, unless otherwise stated. Highlights Construction Remains on Schedule {ౢ –} At...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD CLOSES FIRST TRANCHE RAISING $2,242,851 Further to its news release of Sept. 30, 2021, Klondike Gold Corp. has closed the first tranche of its non-brokered private placement financing, raising $2,242,851.25 of which $1,935,000 is flow-through funds. The company anticipates to close the balance of the financing in the coming weeks.In closing the first tranche,...Read More
Ballarat, Australia, Oct 26, 2021 - (ABN Newswire) -White Rock Minerals Limited (ASX:WRM) (OTCMKTS:WRMCF) is pleased to announce the start of surface diamond drilling to test multiple mineralised quartz reefs within the Dickenson South target area at the underground Morning Star gold mine. Key Highlights - A 3,000 metre diamond drill program from surface has commenced at the Morning Star gold mine...Read More
Mr. Chris Taylor reports GREAT BEAR REPORTS 95.2% TO 99.2% GOLD RECOVERIES IN PRELIMINARY LP FAULT METALLURGICAL TESTS - GOLD IS FREE MILLING AND READILY SOLUBLE AT ALL GRADES Great Bear Resources Ltd. has released gold recovery test results from its 100-per-cent-owned flagship Dixie project, in the Red Lake district of Ontario.Chris Taylor, president and chief executive officer of Great Bear, sai...Read More