(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More

(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More

Emgold Mining Corporation is pleased to announce that it will conRead full newsRead More

Gold prices surged to a nine-year high on Tuesday while the dollar weakened after European Union leaders reached an unprecedented $2 trillion stimulus package agreement. This boosted investor sentiment as the unprecedented stimulus package is likely to push real interest rates even lower, fueling a boom for non-yielding assets such as gold. A new surge in COVID-19 cases threatens to derail the ec...Read More

Precious metal stocks can be great, albeit volatile investments to add to your portfolio. As a store of wealth, precious metals such as gold tend to rise along with market volatility. It’s no surprise then that gold is now trading at over US$1,850 per ounce. Gold now trades near the US$1,900-per-ounce level that it was a decade ago, when a deep-multi-year crash began. That crash left gold pr...Read More

Precious metals are on a tear. All you have to do is look at the iShares S&P Global Gold Index (TSX:XGD) versus the NASDAQ index to see how well precious metals are doing. The XGD is up over 100% since its March low of just over $10 a share. In contrast, the NASDAQ is up much less than that. Yet barely anyone is talking about precious metals. Furthermore, fundamentals are firmly on the si...Read More

Geologists study drill core at Endeavour's Hounde mine in Burkina Faso. Photo Credit: Endeavour Mining. Endeavour Mining (TSX: EDV) has announced an increase of 554,000 oz. of gold resources at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the capital Ouagadougou.The updated mineral resources now stand at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45...Read More

The price of gold recently surged past US$1,840 per ounce, hitting a nine-year high and closing in on the 2011 record above US$1,900.Analysts widely expect gold to top US$2,000 in 2020. A run to US$2,500 might even occur. This has investors wondering which gold miners might be top picks to add gold exposure to their TFSA or RRSP portfolios.Recent rallyGold bulls definitely have momentum on their s...Read More

Jul 22, 2020 Guest(s): Marc Chandler Chief Market Strategist, BannockBurn Global Forex Gold prices have seen an incredible surge of momentum with prices pushing to a fresh nine-year high above $1,850 an ounce and one market strategist sees gold prices moving higher through the rest of the year.Marc Chandler, chief market strategist at Bannockburn Global Forex has been bullish on gold since the s...Read More

Marathon Gold geologists examining quartz-tourmaline-pyrite-VG veining at the Frank zone at Valentine Lake. Credit: Marathon Gold. Step-out drilling at Marathon Gold's Valentine gold project in Canada's Newfoundland province has extended the Berry zone to the northeast, to a drill-tested strike of 450 metres.The company's latest release includes the assays from 10 holes completed at the Berry a...Read More

On April 15, 1998, I got in a terrible car crash...It was a beautiful Spring day and I was driving home from school in my prized 1994 Ford Probe. In what seemed like slow motion, a classmate's red Chevy Camaro blew past a stop sign and directly into my path. There was no time for me to even hit the brakes, so I T-boned him at full speed - shattering his tibia and sending his four seatbelt-less pas...Read More

Workers in the core shack at the Namdini gold project. Credit: Cardinal Resources. Australia-based Cardinal Resources (ASX, TSX: CDV) announced on Wednesday it has received an improved takeover offer from China's Shandong Gold.The new proposal from Shandong Gold follows a recent takeover bid launched by Russia's Nordgold, whose chairman is currently Cardinal's largest shareholder. The Russian min...Read More

Recessions are scary. It makes it even more so that this one is triggered by a contagious virus that affects the whole world. Further, no one knows how long the pandemic is going to affect the economy, our lives, and our livelihoods.Canada’s unemployment rate was higher than 12% last month. If you count the people who wanted to work but gave up looking and those who are working less than the...Read More

Pure Gold's Red Lake mine site. Image from Pure Gold Mining. Pure Gold Mining has received an amended air and noise permit for its mine in Red Lake, Ontario, which features a processing production limit of up to 1,089 tonnes per day.The amended environmental compliance approval specifies the air and noise limits for mining and milling operations at PureGold's site."Since first acquiring the proj...Read More

Workers at El Teniente, Chile. Image from Codelco. No large-scale industry operates in quite as far flung and remote locations as mining does, which increases the potential of the pandemic to significantly impact global metal and mineral supply chains.A new report by management consultants PwC says the global mining industry "managed to weather the first phase of the crisis relatively unscathed":...Read More

Jul 22, 2020 Guest(s): Carley Garner Co-founder, DeCarley Trading Gold and silver markets are surging higher with prices hitting fresh nine-year and six-year highs, respectively, and one market analyst sees room for silver to surpass gold through the rest of the year.In an interview with Carley Garner, founder of the commodity brokerage firm DeCarley Trading, she said that she continues to pay a...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 22 that are worth another look.Russia's largest steelmaker, Novolipetsk Steel (NLMK), has suspended rolling operations at its subsidiary in the Ural region due to a flood, the company said earlier this week.Rio Tinto has formally complained...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday July 22.Please click...Read More

Bob Moriarty ArchivesJul 22, 2020Blackrockannounced the first drill results from their latest program at their 100% controlled Tonopah West silver project in Nevada.Hole TW20-001 showed two massive silver intercepts. The highest grade was the 2,198 g/t Ag over 3.04 meters.(Click on images to enlarge)Another layer that was the actual target of the drill hole reported 29 meters of 965 g/t Ag where i...Read More

Despite the worsening effects of the Covid-19 pandemic, Western participants in the global nickel markets saw hopeful signs, while a lack of arbitrage kept Chinese trading at a low level.Some "desperate" selling in the United States was considered to be isolated.European market participants expected a post-summer pick-up, and a boost from nickel briquettes being listed on the Shanghai Futures Exch...Read More