A preliminary economic assessment (PEA) for Troilus Gold's (TSX: TLG; US-OTC: CHXMF) namesake project in Quebec has outlined a 22-year, 35,000-tonne-per-day open pit and underground mine, with the 9,000 tonne-per-day sub-surface portion starting up in the eighth year.The resulting operation would produce an average of 220,000 gold oz. per year over the first five years of operation, and 246,000 go...Read More

Evolution Mining (ASX: EVN) has released an updated resource for its recently acquired Red Lake gold project, which the company says is materially higher than the figures estimated during its due diligence of the acquisition.The Sydney, Australia-based gold miner acquired the northern Ontario operations from Newmont Mining (TSX: NGT; NYSE: NEM) in a US$475-million deal that closed earlier this yea...Read More

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released an updated resource for the Getchell gold project in Nevada. Last month, the company announced a definitive purchase agreement for the asset with Waterton Global Resource Management.Measured and indicated resources at Getchell consist of 21 million tonnes at 2.16 grams gold per tonne for 1.5 million oz. gold, with an additional 2.8 million i...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) will take a dispute over mining rights for the Porgera gold mine in Papua New Guinea (PNG) to the country's Supreme Court after a minor court dismissed the Canadian company's attempt to regain the licence.The world's second-largest gold producer and its Chinese partner, Zijin Mining, became embroiled in a dispute with the PNG government in April, when Prime Mini...Read More

Scorpio Gold (TSXV: SGN) has granted an option to Titan Mining (TSX: TI) to earn an 80% interest in the Mineral Ridge property in Nevada.The terms of the agreement require Titan to spend US$35 million in staged expenditures over a period of five years to earn an 80% ownership interest in Mineral Ridge Gold LLC, an indirect subsidiary of Scorpio Gold which holds all of the mineral rights and water...Read More

A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth rate of 2.5%.According to the report, this result would be an acceleration from the average growth of just 1.2% over 2016-2019.In the market analyst's view, Russian gold production will lead the rise with gold output jumping from...Read More

With the current supply chain of cobalt under scrutiny, companies and governments are striving to find new sources of cobalt beyond the Congo.Read full newsRead More

AngloGold Ashanti and Barrick Gold will sell their effective 80% stake in the Morila Gold Mine in Mali, the miners said on Monday, as political crisis grips the West African nation after soldiers seized power in a coup.Read full newsRead More

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

VVC Exploration Corporation announces the following. ShareholdersRead full newsRead More

Puma Exploration Inc., (TSXV:PUMA), (the "Company" or "Puma") is pleased to announce the initial results of its summer exploration program conducted on the Williams Brook Property of its flagship Project; The Triple Fault Gold, in Northern New Brunswick, an Atlantic Province of Canada.Read full newsRead More

Warren Buffett just turned 90 last month. In his 75 plus years in the investing world, the Oracle of Omaha has become the third-richest man in the world. It’s no easy task to build a net worth of US$86 billion and grow it. Just last quarter, his company Berkshire Hathaway reported a net investment loss of US$54.5 billion during the March market crash. He was criticized by many analysts for s...Read More

If we say that Warren Buffett has avoided investing gold for a long time, you might get the wrong impression that Buffett simply doesn’t consider the metal a worthy investment. But Buffett’s gold prejudice runs deeper than that, or at least it did until a few months ago. He was always vocally against the metal that “doesn’t do anything but sit there and look at you.”B...Read More

Warren Buffett just turned 90 last month. He is the most decorated value investor, with more than 75 years in the investing world. Over the last few months, the stock market has been rallying even though the gross domestic product (GDP) contracted. If we go by the Buffet indicator, which is calculated by dividing market capitalization with GDP, the equities are overvalued by 80%.Does this mean ano...Read More

Sep 02, 2020 The junior mining sector has seen record capital inflows in capital, but one mining executive warns of the risk of intense, sudden interest in the space. "The amount of money being raised and the consistent pattern of upsize in capital raises due to over commitment or the size of the deal having so much interest that people are fighting to get placed, that is pushing a wealth of risk...Read More

Society has a trust issue. It's why people stick with their tribe of choice on social media. It's why politics has become an "us or them" team sport over these past two decades or so. And it's why a growing number of people seem to treat scientific fact more like a suggestion. Increasingly, it's why gold is seeing a surge in popularity while everything else collapses around it. According to a...Read More

I've heard plenty of people say that 2020 is a year to remember - but for many more, it's going to be a year to forget...The COVID-19 pandemic has already cost us thousands of lives, millions of jobs, and added trillions to our national debt. In a heated election year, politicians from every side are scrambling to figure out how to repair the damage that the virus has done to the United States.We'...Read More

Sep 02, 2020 Guest(s): Tom Palmer CEO, Newmont Corp. Gold pushing to all-time highs above $2,000 has been a significant boon for the mining sector; however, companies still have to focus on growth and delivering value to shareholders, according to the CEO of the world's biggest mining company.In an interview with Kitco News, on the sideline of the Mines and Money Online Connect global virtual mi...Read More

Weekly Reports |Sep 01 2020The uranium price continues its slide as nuclear plant decommissions in the US and Scotland are planned.-Exelon Generation decommissions two plants due to falling energy prices-Weekly spot price declinsd over one percent -Australian state backs away from lifting ban on uranium miningBy Mark WoodruffThe news that Exelon Generation would decommission its Dresden and Byron...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 2 that are worth another look.The premium for direct-reduced (DR) iron ore pellet for the third quarter of 2020 fell by 12.9% due to lower demand in the period, and market participants said the premium could fall...Read More