NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More
Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More
Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More
Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More
Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More
NV Gold Corporation is pleased to announce that the Company, furtRead full newsRead More
Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More
The Canadian stock market made a remarkable rebound in the last four months after bottoming out in March. While the recovery was primarily due to government support, chances are pretty high that the equity market could crash again before the pandemic is gone.One could infer from the weak economic indicators, high unemployment rate, and continued increase in coronavirus infections that another stoc...Read More
There should be little doubt that investors should be leafing through their recession playbook right about now. Investors buying shares in gold miners have a playbook of their own. Today, let’s consider a few ways to make that long-term position in gold miners really pay off.The return of value investing2020 was a bad year to start buying shares in gold miners if decent value for money forms...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Rio Tinto set on building long-delayed Simandou - Read moreForget the gold price, copper was most profitable covid-19 trade - Read moreUS moves to boost domestic production of strategic minerals - Read moreNew Century, Vale delay nickel mine deal - Read moreGiant Alaska copper-...Read More
If you have invested in gold, you have reasons to be happy, as the precious metal has gained about 30% this year. It should hit US$2,000 very soon. The party is expected to go on for a long time, as Bank of America predicts the yellow metal will hit US$3,000 an ounce over the next 18 months.Fears about the economy are driving the yellow metal rallyInvestors are pouring their money in the precious...Read More
Publisher's Note: Today we're bringing you an excerpt from The Dines Letter.You'd be hard-pressed to find a more experienced market analyst than Mr. Dines, and it'd be even harder to find one as accomplished. Read on for an important message we should all keep in mind from the "Original Goldbug".Call it like you see it,Nick Hodge While we still favor some precious metals, ________ is a different...Read More
Image courtesy of Kirkland Lake Gold via Flickr. Kirkland Lake Gold (TSX, NYSE: KL) (ASX: KLA) on Thursday reported strong financial and operating results for the second quarter of 2020 despite disruptions caused by covid-19.Adjusted net earnings came to $219.3 million ($0.79 per share), double the Q2 2019 level of $109.8 million ($0.52 per share) and 22% higher than the $179.2 million ($0.70 per...Read More
Denison Mines' flagship Wheeler River project in Saskatchewan. Image courtesy of Denison Mines The London Court of International Arbitration (LCIA) has recently rendered a final award in favour of Canadian uranium miner Denison Mines (TSX: DML) for the previously disclosed arbitration proceedings between the company and Uranium Industry (UI).In November 2015, Denison completed the sale of its mi...Read More
Image courtesy of Pixabay. While gold has been on a generally positive trend for the past few years, the onset of the global pandemic has made bullion's relevance as a hedge even more apparent - and accelerated its price performance.During the first half of 2020, the price of gold increased by 17%, followed by an additional 10% gain for the month of July, outpacing all major assets.Spot gold set...Read More
Nevada operations. (Image courtesy of Newmont | Flickr) Newmont (NYSE: NEM, TSX: NGT) said on Wednesday that higher gold prices helped generate significant free cash flow in the second quarter.The world's largest gold miner's adjusted net income for the June quarter was $261-million, or $0.32 per diluted share, compared with $92-million, or $0.12 per diluted share, in the prior-year quarter. Th...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 30 that are worth another look.Brazil's largest flat-rolled steel producer by capacity, Usiminas, is looking to correct the current domestic price discount to imports in the short term, commercial vice-president Miguel Homes said on July 30....Read More