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#Yuan Crashes To Record Lows, #Stocks Tank As Chinese Megacap Delistings Loom

May 27, 2020 / www.zerohedge.com

Is the move a precursor to Chinese company delistings from US exchanges.Read full newsRead More

RT @GreenlaneBiogas: Greenlane (#TSXV: $GRN) announces Q1 results [

May 27, 2020 / www.greenlanerenewables.com

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

Barrick (GOLD) Resumes Gold Concentrate Shipments from Tanzania

May 27, 2020 / dlvr.it

Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility.Read full newsRead More

Accredited Investors Can Now Invest In Bitfury's Bitcoin Mining Farms

May 27, 2020 / dlvr.it

The program, which gives investors alternative exposure to Bitcoin via mining hardware, is available to accredited investors around the world.Read full newsRead More

.@NewrangeNRG Initiates Drill Program at Pamlico

May 27, 2020 / bit.ly

Newrange Gold Corp. is pleased to announce that a drilling contraRead full newsRead More

Buy This Gold Miner to Today and Profit in 2021

May 28, 2020 / www.fool.ca

Canadian gold stocks after the end of the Great Recession were under significant pressure, as the price of gold nosedived. The yellow metal has been one of the few assets to have performed strongly since the start of 2020. Some analysts are tipping that gold could soar to as high as US$3,000 an ounce. This optimistic outlook is a boon for gold miners, despite the operational impact of the cor...Read More

Relationship Between Gold and Oil Prices: Why There’s a Big Disconnection in 2020

May 28, 2020 / www.fool.ca

There’s an interesting relationship between gold and oil prices. According to Market Realist, which provides institutional-quality market research, more than 60% of the time, gold and crude oil have a direct relationship.This means that when gold prices rise, crude oil prices also tend to rise, and vice versa.Right now, there’s a big disconnect between gold and oil prices. The gold pri...Read More

Wesdome Gold Mines announces PEA for Kiena mine complex in Quebec

May 28, 2020 / www.mining.com

Aerial view of the Kiena mine complex in the Province of Quebec. Photo Credit: Wesdome Gold Mines.Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly-owned Kiena mine complex, about 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The PEA estimated a mine life of eight years producing an average of 85,931 oz. of gold annually at...Read More

Endeavour gets shareholder nod for Semafo merger

May 28, 2020 / www.mining.com

Endeavour's flagship Hound?(C) mine in Burkina Faso. (Image courtesy of Endeavour Mining) Endeavour Mining (TSX:EDV) shareholders on Thursday voted overwhelmingly in favour of the previously announced acquisition of fellow Canadian gold miner Semafo (TSX: SMF) in a deal worth C$1 billion.Pursuant to the agreement, Endeavour will indirectly acquire all Semafo common shares on the basis of 0.1422...Read More

It's All Fun and Games (and Profit)

May 23, 2020 / www.outsiderclub.com

There's no market quite like a captive market. That's something the video game industry has learned well over the past few months. People are stuck indoors. There are only so many times one can stream reruns of The Office before wanting something else to distract them. So, over the past few months, when Americans weren't on social media, sleeping, or baking (if they could find yeast), they've be...Read More

Yamana closes $65m royalty sale to Nomad

May 28, 2020 / www.mining.com

Gualcamayo mine, Argentina. Image courtesy of Image courtesy of Image courtesy of The Northern Miner. Yamana Gold (TSX: YRI; NYSE: AUY) has completed its previously arranged sale of a portfolio of royalty interests to Nomad Royalty Company for total consideration of $65 million.The sale agreement also includes the contingent payment to be received upon declaration of commercial production at the...Read More

Endeavour Silver reopens Mexico mines

May 28, 2020 / www.mining.com

El Cubo project. (Image courtesy of Endeavour Silver.) Canada's Endeavour Silver (TSX: EDR) (NYSE: EXK) has resumed operations at its three underground silver-gold mines in Mexico, following approvals from the country's health authorities.The Vancouver-based silver producer noted its mines and plants were ramping up to achieve normal operations. It also said exploration crews would restart ma...Read More

Pacific Empire to acquire Jean Marie project in BC

May 28, 2020 / www.mining.com

The Jean Marie project is located 180 kilometres north of the city of Prince George, pictured here. (Image by Eurydemus, Wikimedia Commons). Pacific Empire Minerals (TSXV: PEMC) announced it has entered into an option agreement to acquire a 100% interest in the Jean Marie project in central British Columbia, Canada.To become the sole owner of Jean Marie, Pacific Empire has to make a total cash pa...Read More

IN CASE YOU MISSED IT: 5 key stories from May 28

May 29, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday May 28 that are worth another look.Japanese carmaker Nissan intends to close three plants at its Nissan Barcelona operations in Spain from December 2020, the company said on May 28. The units affected will be at Zona Franca, Montcada and Sant Andreu.The Canada Border Service Agency (CBSA) has begun an anti-dumping investigation in...Read More

LIVE FUTURES REPORT 28/05:LME copper price passes $5,300/t in 1.3% rise

May 29, 2020 / www.metalbulletin.com

The LME three-month copper price was again trading above the psychological $5,300-per-tonne level on Thursday May 28, ending the day up 1.3% day on day at $5,322.50 per tonne, buoyed by the fresh cancelation of 19,000 tonnes earlier in the day.Copper futures extended their gains today with support from a considerable fresh cancelation of 19,975 tonnes from warehouses at Busan in Sou...Read More

Alcoa brings consultation for collective dismissal at San Cipri??n smelter

May 29, 2020 / www.metalbulletin.com

Aluminium producer Alcoa said it has started a consultation period for a collection dismissal process for staff, as well as the possible shutdown, of its San Cipri??n aluminium smelter in Spain."Alcoa met today with the representatives of the workers of San Cipri??n to inform them of the serious circumstances and of the unsustainable situation that the aluminium plant is going through due to inher...Read More

Blackrock Drilling for Bonanza Grade Silver in Nevada

May 28, 2020 / www.321gold.com

Bob Moriarty ArchivesMay 28, 2020When all the stock markets in the world collapsed in mid-March they dragged down all of the metals as margin clerks made investors dump everything they could to meet margin calls. That took the metals and mining shares down in an instant to the horror of investors. I smiled. Ipredicted it on February 27 and I was ready.Much to even my great surprise, silver literal...Read More

Alcoa brings consultation for collective dismissal at San Cipri??n smelter

May 29, 2020 / www.metalbulletin.com

Aluminium producer Alcoa said it has started a consultation period for a collection dismissal process for staff, as well as the possible shutdown, of its San Cipri??n aluminium smelter in Spain."Alcoa met today with the representatives of the workers of San Cipri??n to inform them of the serious circumstances and of the unsustainable situation that the aluminium plant is going through due to inher...Read More

RBC on AngloGold London listing: 'Don't assume Randgold 2.0'

May 28, 2020 / www.mining-journal.com

"London is the right location," Bell said in a note on Wednesday, pointing to the lack of large scale, listed precious metals businesses "and the city's familiarity with more "challenging" jurisdictions".However, Bell told readers: "Don't assume "Randgold 2.0"."Randgold Resources traded at a +30% premium to immediate peers prior to its merger with Barrick so some may extrapolate this to AngloGold....Read More

Court orders Vale to set aside $1.5B

May 28, 2020 / www.mining-journal.com

Minas Gerais Public Prosecutor (MPMG) said in a translated statement the injunction represented the highest amount ever recognised in a lawsuit of this nature in Brazil.The judge's decision had been made without the miner's prior knowledge, Vale (BZ: VALE3) said in a statement yesterday.It understood the lawsuit alleged Vale had, through its employees' actions, hindered the inspection activities o...Read More

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