Wolfden Resources (TSXV:WLF) has released new resource numbers for its Pickett Mountain base metal project in Penobscot Cty., Maine. Both indicated and inferred resources have been significantly increased by 22% and 57%, respectively, from a previous estimate completed in 2020.The indicated resource is now 2.7 million tonnes averaging 8.91% zinc, 3.83% lead, 1.22% copper, 97.2 grams silver per t...Read More

Zijin Mining, China's No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold and silver.Speaking at the CGS2021 conference in Medellin, the CEO of the local subsidiary, James Wang, said the goal was to rise throughout to 4,000 tonnes per day from the current 3,000-3,300 tonnes per day and add a flo...Read More

Canada's largest diversified miner Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK), says the unprecedented rain and flooding in British Columbia has disrupted the supply chain between west coast terminals and its BC-based operations.Two days of torrential rain across BC caused significant flooding and mudslides. They shut rail routes operated by Canadian Pacific Rail (TSX: CP) and Canadian N...Read More

TORONTO, Nov.17, 2021(GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX.Read full newsRead More

The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group executive said on Wednesday.Read full newsRead More

Canada's annual inflation rate accelerated again in October, matching a February 2003 high, led by sharp rises in gasoline and housing prices, data showed on Wednesday, with analysts expecting more heat ahead.Read full newsRead More

Sarama Resources Ltd. (Read full newsRead More

This upcoming Thanksgiving will be the most expensive ever, and inflation will continue to be a serious concern for investors, said Gary Wagner, editor of TheGoldForecast.com who advocates that gold is still the ultimate store of wealth.On a technical basis, gold is still in its consolidating phase, Wagner told David Lin, anchor for Kitco News. "A break above $1,880 [gold price] would really signa...Read More

I can't remember the last time I got a McDonald's ice cream.I've never liked it, probably because it's called an "ice cream product."So I didn't think much of it when I started seeing videos and memes going around the internet about how the McDonald's ice cream machines are always broken.Customers were even seen attacking McDonald's employees over this nonsense.But after the Federal Trade Commissi...Read More

(Kitco News) Despite worrying inflation levels, gold is not likely to surge over the next few years as the U.S. Federal Reserve begins to tighten its monetary policy stance, according to a report by Capital Economics."While our forecast that high inflation in the U.S. will be more persistent than the markets expect should ultimately mean that investors demand higher inflation compensation, we also...Read More

Since November 11 gold began to consolidate after completing the current leg of the most recent rally that began on November 4. The rally started one day after the conclusion of the November FOMC meeting. They announced that they would begin to taper their $120 billion asset accumulation later in the month. They announced that they would have a monthly reduction totaling $15 billion and continue t...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 continues to trade near a five-month highand despite its recent breakout rally, one international bank said that currentprices are still disappointing.In a report published Thursday, ana...Read More

By Tom WilsonLONDON, Nov 18 (Reuters) - Fraud and theft at decentralised finance platforms has totalled $10.5 billion so far this year, research showed on Thursday, laying bare the risks in the fast-growing but still mostly unregulated area of cryptocurrencies.So-called DeFi platforms allow users to lend, borrow and save - usually in cryptocurrencies - while bypassing traditional gatekeepers of fi...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 are moderately lower in midday U.S. trading Thursday, on routinedownside corrections and light profit taking from the shorter-term futurestraders. December gold was last down $7.7...Read More

Mr. Michael Hudson reports HANNAN ANNOUNCES AGM RESULTSHannan Metals Ltd. has released the results from its annual general meeting of shareholders held on Thursday, Nov. 18, 2021, in Vancouver, B.C.Shareholders holding a total of 22,654,988 common shares were represented in person or by proxy at the AGM, representing 24.84 per cent of the votes attached to all outstanding common shares of the comp...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 is in a sweet spot and has the potential to hit$1,950 an ounce as inflation pressures continue to build, according to analystsat CIBC.Not only has the gold market broken out of a five-mo...Read More

Mr. Jeffrey Wilson reportsPRECIPITATE IDENTIFIES MULTIPLE PRIORITY TARGETS AT MOTHERLODE GOLD PROJECT IN NEWFOUNDLAND CANADA WITH COMPREHENSIVE DATA COMPILATIONPrecipitate Gold Corp. has released the latest target refinement results derived from an expanded compilation and review of historical data from the company's Motherlode gold project within the Burin peninsula of Southern Newfoundland, Can...Read More

(Kitco News) The initial weekly jobless claims declined by 1,000 to 268,000 in the week to Saturday, slightly disappointing market expectations but still marking a new pandemic low.Economists' consensus calls projected for initial claims to come in at 260,000 following the revised level of 269,000 reported in the previous week. Gold rose from daily lows following the data release, with December C...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) - Commerzbank commodities analyst Daniel Briesemann has picked up a narrative that some had been wondering about since the whole meme stock fiasco. The Reddit trading group did start to look at silv...Read More

2022 is just around the corner and with tax loss selling in Canada, investors and traders will be wondering what sectors will be in the money next year. One of the commodities that a lot of metal watchers and analysts these days are talking about is silver. One reason is that silver is the most undervalued commodity and according to many it is also the most suppressed commodity. Looking forward th...Read More