GoviEx Uranium (TSX-V: GXU) says it will appeal Zambia's decision to terminate its Chirundu mining license.The company acquired the permit in 2017 from African Energy Resources, and it includes the Njame and Gwabe deposits. Both assets, GoviEx said, were subsequently included in the preliminary economic assessment (PEA) for the company's Mutanga uranium project.Due to the smaller scale and higher...Read More
Battle North Gold (TSX: BNAU; US-OTC: BNAUF), previously Rubicon Minerals, has released an updated resource estimate for its flagship Bateman gold project, formerly known as Phoenix, which grows the measured and indicated tonnes by 18% with no major changes in grade.The latest estimate features 4.6 million tonnes in the measured and indicated category, grading 6.63 grams gold per tonne, for a tota...Read More
MINING.COM's ranking of the world's 50 largest mining companies based on market value shows an industry clawing back most of the Covid-19 related losses by the end of the second quarter.The top 50 most valuable mining companies added $249.5 billion in market capitalization over the three months to end June, thanks to surging gold and silver prices, iron ore prices in triple digits, and a late reco...Read More
Nokia Remarks - Use Cases for Creating Safer, More Sustainable, Efficient and Productive MinesMarc Jadoul, Strategic Marketing Director, NokiaRead More
TMX Opening RemarksDean McPherson, Head of Business Development, TMX GroupRead More
PearTree Remarks in FrenchAlbert Labelle, Partner/Associ?(C), PearTree FinancialRead More
A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.Read full newsRead More
U.S. electricity consumption will collapse by a record 4.3% in 2020 due to business closures for coronavirus-linked lockdowns, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short Term Energy Outlook (STEO).Read full newsRead More
Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said.Read full newsRead More
First Mining is beginning to make waves on international equity marketsRead full newsRead More
History repeats itself with staggering similarity. The Crises of the 3rd Century and today have much in common. All empires have the seeds of their own destruction within them. So if we look back a...Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.Read full newsRead More
Back in the early spring, investors were reeling from one of the fastest retreats into bear market territory in modern history. At the time, I’d suggested that Canadians should look to stock up on precious metals stocks. The COVID-19 pandemic has led to economic devastation worldwide, prompting many investors to run to safe havens.However, the bullish conditions for gold and silver were appa...Read More
Treaty Creek project. (Image courtesy of Tudor Gold).Tudor Gold has reported its best intercept yet from drilling at its Treaty Creek project in B.C.'s Golden Triangle - a 973-metre interval grading 0.85 g/t gold-equivalent (or 0.775 g/t gold, 3 g/t silver and 0.02% copper).The intercept, starting at 34.5 metres depth in hole GS-20-57, included a shorter 217.5-metre section grading 1.4 g/t gold-...Read More
Stock image. Royal Helium (TSXV: RHC) closed on Thursday its oversubscribed private placement first announced in June. Royal raised proceeds of C$1 million through the issuance of 20,000,000 units at a price of $0.05 per unit.Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a...Read More
I'll be the first to admit when I'm wrong. (Sometimes the second, if you ask my wife...)But, I must say that I've been very wrong about Donald Trump and cannabis.When he ran for the presidency, I thought it would be a boon for marijuana stocks. I naively assumed that the Donald only cared about the green: money. I thought that he was politically agnostic when it came to making billions of dollars....Read More
Alacer Gold's Copler gold mine in east-central Turkey. Alacer and SSR Mining announced an at-market merger of equals in May 2020. Credit: Alacer Gold. The total transaction value of mergers and acquisitions in the second quarter of the year reached $2.86 billion in twelve deals, with Chinese buyers acquiring gold assets and smaller companies joining forces to become mid-tier producers, the Bank o...Read More
(Reference image courtesy of Great Thunder Gold). Haywood Securities has raised its gold price forecast for the second half of 2020 from $1,650 per oz. to $1,800 per oz.Next year the broker-dealer believes gold will average $1,700 per oz., up from its earlier forecast of $1,600 per oz., while 2022 should see the precious metal average $1,650 per oz., up from an earlier estimate of $1,550 per oz."...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Gates, Bezos-backed firm searching for cobalt in Canada - Read moreGold price builds base above $1,800 with record in sight - Read moreMonster rally adds $250 billion to global top 50 mining companies - Read moreIn copper country, they're using the metal to fight virus - Read m...Read More