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China approves 10th round of scrap metal import quotas

July 28, 2020 / www.metalbulletin.com

China has issued its 10th round of scrap metal import quotas for 2020, marking its second batch for the third quarter.The latest batch permits 1,110 tonnes of aluminium scrap to enter China, in addition to the 209,660 tonnes allowed in the ninth round of quotas announced on July 6, the China Solid Waste & Chemicals Management Bureau said on Friday July 24.So far in 2020, China has allowed importer...Read More

Gold price hits record high as US dollar drops

July 27, 2020 / www.northernminer.com

Gold continued its upward climb today and made history by touching record prices as worries over the coronavirus pandemic and intensifying U.S.-China tensions weighed on investor sentiment.Spot gold surged 2% to US$1,940.96 per oz. by 11:15 a.m. EDT. Earlier in the day, the spot price set an all-time high by trading at US$1,945.10 per ounce, topping the previous high set in September 2011.Gold fut...Read More

Rare earths outshine gold

July 27, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesGold's rise has been well-reported but to refresh it is all about a combination of falling U.S. interest rates, and...Read More

Chile's Maricunga belt set to revive country's gold industry

July 27, 2020 / www.northernminer.com

A wave of new mines in the pipeline on Chile's Maricunga gold belt are advancing towards construction just as the price of the precious metal hits its highest level in almost a decade.Gold Fields (NYSE: GFI), Kinross Gold (TSX: K; NYSE: KGC), Rio2 (TSXV: RIO; US-OTC: RIOFF) and Kingsgate Consolidated (ASX: KNC) of Australia are all pushing projects that could enter production by the middle of the...Read More

ETFs drive gold price in Q2 as physical demand falls: Refinitiv

July 27, 2020 / www.northernminer.com

As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming from - and where it's falling.The review shows that as uncertainty around the Covid-19 pandemic has boosted investor demand for gold in some regions, the rising price has made the yellow metal more expensive in local curren...Read More

Golden Star sells stake in Bogoso-Prestea gold mine

July 27, 2020 / www.northernminer.com

Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million and contingent payments of up to another US$40 million.The mine is 40 km from Golden Star's Wassa gold mine, and the sale will allow the company to accelerate the growth and development of its Wassa's resource bas...Read More

Iamgold resumes operations at Rosebel after coronavirus outbreak

July 27, 2020 / www.northernminer.com

Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down their tools in response to workers testing positive for the coronavirus.The Toronto-based miner said operations resumed on July 24 after it received confirmation and advice from the country's Covid-19 outbreak management team that...Read More

Pentagon contracts Lynas to design rare earths facility in Texas

July 27, 2020 / www.northernminer.com

Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas.The facility would process heavy rare earths from the company's Mt. Weld mine in Western Australia.In April, the Pentagon awarded Lynas and privately held MP Materials funding for rare earths separation facilities in Texas and California...Read More

Teranga Gold says Senegal mine a 'top tier' asset

July 27, 2020 / www.northernminer.com

Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a "top tier mine" asset, the company says.The Toronto-based miner bought Massawa from Barrick Gold (TSX: ABX; NYSE: GOLD) in December 2019. After completing the US$380 million-acquisition earlier this year, Teranga began integrating the asset with its fla...Read More

Canada Nickel aims for zero-carbon emissions at Crawford

July 27, 2020 / www.northernminer.com

On Tesla's second quarter conference call last week, Elon Musk entreated the industry to: "Please mine more nickel - Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way."Musk's comments couldn't have come at a better time for Mark Selby, president and CEO of Canada Nickel (TSXV: CNC), which owns 100% of the Crawford...Read More

Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

July 27, 2020 / www.cnbc.com

Gold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.Read full newsRead More

Shining brightly - Unusually, copper and gold prices are rising in tandem

July 27, 2020 / www.economist.com

An uncertain and uneven recovery explains their skyward leapRead full newsRead More

'Safe Haven' Gold Has A Rich 3,000-year History

July 27, 2020 / dlvr.it

Gold struck a record high of $1,944.71 in Asian trading on Monday as traders piled into the \Read full newsRead More

RT @GreenlaneBiogas: The #GreenlaneDigest for July 24th ????,? [

July 27, 2020 / www.greenlanerenewables.com

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Equity Guru's sub $20M Exploration Co. shortlist: Mining Microcaps that are fit to follow.

July 27, 2020 / ow.ly

As promised, part two of our sub-$20M ExploreCo shortlist. The junior sector is on a serious tear. Clearly, we areRead full newsRead More

RT @granadagold: "One of the key bubbles is fiat currency, and one clear anti-bubble in this system is gold,"

July 27, 2020 / ow.ly

Diego Parrilla, heads of Quadriga Igneo, says gold could rise to $3,000-$5,000 in the next three to five years due to unprecedented monetary stimulus.Read full newsRead More

What takes silver to $50?

July 27, 2020 / www.kitco.com

Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.Read full newsRead More

Gold price makes history, hits all-time high and analysts still looking for more --

July 27, 2020 / www.kitco.com

(Kitco News) - The juggernaut that is the gold market remains unstoppable it started the week hitting an all-time high against the U.S. dollar.Read full newsRead More

.@FireFoxGoldCorp $FFOX Engages Goldspot Discoveries for Target Generation Program

July 27, 2020 / bit.ly

FireFox Gold Corp. is pleased to provide an update on its summerRead full newsRead More

.@GoldspotD $SPOT Signs Agreement with Firefox Gold Corp.

July 27, 2020 / bit.ly

GoldSpot Discoveries Corp. has been engaged by FireFox Gold Corp.Read full newsRead More

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