88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsWilson is not shy in putting forward an investment case for Legend.Read More
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company's operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday.The "very tangible actions" to be announced on Sept. 10, are part of the world's largest miner's broader commitment to become carbon-neutral by 2050.Henry told shareholders he would also announce concrete steps towards...Read More
SilverCrest Metals (TSX: SIL) has acquired a 100% interest in the 71-sq.-km El Picacho property, located 40 km northeast of its flagship Las Chispas silver-gold development project in the state of Sonora, Mexico.SilverCrest paid US$1.6 million to American Metal Mining (a private company) and its affiliate, in addition to the required taxes to bring the 11 mining concessions to good standing.Ther...Read More
Australia's Danakali (ASX, LON: DNK) said it plans to spend the rest of the year raising funds to bring its Colluli potash project in Eritrea closer to construction.Reporting on the first two quarters of 2020, the Perth-based miner said it's considering a range of options to fund work at Colluli, which is a 50-50 joint venture between the company and the Eritrean National Mining Corporation (ENAMC...Read More
Copper was once again approaching the psychologically important US$3 per lb. level on the back of falling inventories, booming Chinese demand and pandemic hit supply from South America, the U.S. and Africa.On Aug. 26, Copper for delivery in December trading in New York jumped 1.5% to US$2.9965 per lb. ($6,605 a tonne) in afternoon trading, bringing gains in 2020 to more than 7%, and 50% since the...Read More
Berkshire Hathaway's only new purchase in the second quarter was Barrick Gold, which doesn't indicate confidence in a quick economic recovery. Read full newsRead More
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Read full newsRead More
Not for dissemination in the United States or through U.S. newswires Gatekeeper Announces $5 Million Financing at $1 per Unit...Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - August 27, 2020) - FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) is...Read full newsRead More
Sienna Resources is pleased to announced that it has entered into an option agreement with EMX Royalty Corporation to acquire theRead full newsRead More
FenixOro Gold Corp is pleased to announce that it has received thRead full newsRead More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Gold climbed as investors weighed the impact of the Federal Reserve's new approach to setting U.S. monetary policy, with a more relaxed stance on inflation.Read full newsRead More
Warren Buffett buying a gold stock is one of the most shocking pieces of news I have heard in quite some time. Over time, I read books that stated his views on gold. He has criticized it as being a non-producing asset, which it certainly is, that does not produce a yield over time. He is not wrong in this assessment, of course, but gold isn’t held because of its yield.Furthermore, Buffett is...Read More
It’s no secret that gold’s been rallying for the past few months. After its recent pullback, though, investors may be wondering if it’s reached its high.Since the start of the pandemic, it was clear the economic toll would be massive. This resulted in governments moving swiftly to provide stimulus and prop up economies that were falling off a cliff.While this was crucial in stopp...Read More
TFSA savers have a lot to lose by sitting around on the sidelines, as they witness TSX Index continue its march towards pre-pandemic highs. Sure, the COVID-19 pandemic has decimated the world economy, and it could get a whole lot worse, so it may be smart to have some dry powder on the sidelines.Given the unprecedented monetary stimulus to combat this COVID-19 crisis, however, investors need to be...Read More
While the stock market is at all-time highs, gold is right up there near them as well.This may seem counter-intuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we're seeing is the formation of a long-term trend both in underlying causes...Read More
Aug 28, 2020 Guest(s): Peter Hug Global Trading Director, Kitco Metals Despite Thursday's precious metal sell-off, conditions have not changed for gold and silver, said Peter Hug, division head for precious metals at Kitco.Speaking to Kitco News on Thursday, Hug said conditions are positive for gold due to the amount of fiscal support provided by banks."The macro picture has not changed. [Every]...Read More
Aluminium billet premiums inched higher in Germany, Spain and Brazil on Friday August 28 as demand in those countries improved, while premiums in the United States, Italy and Thailand were steady.Some European premiums rise ahead of Q4 talks Several billet premiums in Europe rose on Friday, with demand starting to increase and sentiment turning slightly more bullish as a result. The uptrend c...Read More
Three-month prices for all base metals on the London Metal Exchange except lead rose on Friday August 28, with nickel leading the rally.Fastmarkets analyst Andy Farida attributed Friday's rally to market reaction to a speech by US Federal Reserve chairman Jerome Powell on Thursday August 27. Powell signaled to the market that the US Federal Reserve will relax its inflation target of 2% in a bid to...Read More