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GoldMining reports 1M oz. resource at Almaden in Idaho

June 03, 2020 / www.northernminer.com

GoldMining (TSX: GOLD; US-OTC: GLDLF) has reported a mineral resource estimate for its wholly owned 17.2-sq.-km Almaden project, 140 km north of Boise in Idaho.The pit-constrained estimate includes 43.5 million indicated tonnes grading 0.65 gram gold per tonne for a total of 910,000 contained oz. with a further 9.2 million tonnes inferred at 0.56 gram gold containing 160,000 gold ounces. The resou...Read More

Atlantic Nickel hits milestones at Santa Rita in Brazil

June 03, 2020 / www.northernminer.com

The Santa Rita mine in Brazil - one of the largest open-pit nickel sulphide mines in the world - remains fully operational with limited disruptions to the supply chain, owner and operator Atlantic Nickel reported on June 2.By the end of the first quarter, the mine completed its second and third shipments ahead of schedule, following its first shipment earlier in January.To date, the company has pr...Read More

Belgium expands probe into zinc miner Nyrstar

June 03, 2020 / www.northernminer.com

Belgium's Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September 2019 into zinc firm Nyrstar NV that is looking into possible ties between the company and Trafigura, the world's number two metals trader.Geneva-based Trafigura took control of Nyrstar in early 2019 as part of a restructuring process that all but wiped out other shareholders. Investors ended up...Read More

Still a place for 'cheap and cheerful' in mining?

June 03, 2020 / www.mining-journal.com

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMy family and I are regular users of Gumtree, both as buyers and sellers.Read More

Tension With China on the Rise: Gold Stocks to Buy Now to Hedge Downside

June 03, 2020 / dlvr.it

24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More

RT @INN_Australia: .@CometResources Acquires Santa Teresa Gold Project and Stream Financing up to US$20M

June 04, 2020 / bit.ly

Comet Resources Ltd (ASX:CRL) is pleased to announce that it has executed a binding heads of agreement (HOA) with privately owned El Alamo Resources Limited (EARL) for the proposed 100% acquisition (Acquisition) of the Santa Teresa Gold Project (Project), and concurrently executed a non-binding term sheet with Raptor Capital International Limited (Raptor) for a gold streaming and royalty financing...Read More

Welcome to the Investing News Network @FENXGold and @japangoldcorp

June 03, 2020 / bit.ly

We are proud to present several companies which are new to the Investing News Network.Read full newsRead More

$NSG Northstar Intersects 18 g/t #Gold Over 3.89 Metres and Discovers New Zones

June 03, 2020 / bit.ly

Northstar Gold Corp. is pleased to report recently received assayRead full newsRead More

Book excerpt: "How Much of These Hills Is Gold" by C. Pam Zhang

June 03, 2020 / dlvr.it

An acclaimed debut novel of two orphaned children of Chinese immigrants struggling to survive during the Gold Rush days of the American WestRead full newsRead More

Buy These Stocks to Access a $1 Trillion Industry About to Take Off

June 04, 2020 / www.fool.ca

The space industry is yet to become a major mainstream investment theme. However, there are numerous reasons why this is potentially the biggest growth sector imaginable. Space investing belongs in the realm of thematics, which are investment areas covering high concept movements.Other thematics include AI, the Internet of Things, and electric vehicles. As momentum in these other areas has shown,...Read More

MINING.COM MINUTE: Biggest stories of the week

June 05, 2020 / www.mining.com

MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories: Copper price rally builds as China's spending balloons - Read the story here. Bidding war for Guyana Goldfields heats up - Read the story here. Guinea approves SMB-Winning deal for Simandou - Read the story here. Novagold on defen...Read More

YMP launches C$61.5K scholarship fund, including new lottery scholarship

June 04, 2020 / www.mining.com

Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. Credit: Young Mining Professionals. The Young Mining Professionals (YMP) has announced the 2020 launch of its...Read More

A Revival in Gold: One Stock to Watch

June 01, 2020 / www.outsiderclub.com

Publisher's Note: Our gold recommendations around here are starting to take off in a big way. Some, like these here, have doubled or tripled over the past month.As the gold price continues at seven-year highs, many companies are now being re-rated higher. Especially those with established resources - Tier 2 resources - in safe jurisdictions.Revival Gold is one such company that Gerardo and I have...Read More

British Columbia to extend mineral exploration Notice of Work permits till end of 2021

June 04, 2020 / www.mining.com

Northern British Columbia landscape. (Image by werner22brigitte, Needpix). The Association for Mineral Exploration (AME) announced Thursday that the Government of British Columbia is moving forward on one of AME's key recommendations related to the covid-19 outbreak - the extension of mineral exploration Notice of Work (NoW) permits to December 31, 2021. Any permits with an active authorization...Read More

Gold price back above $1,700 as 2020 ETF inflows surpass any calendar year

June 04, 2020 / www.mining.com

(Image: Generation Grundeinkommen) The gold price jumped by almost $30 an ounce on Thursday clearing the $1,700 an ounce level as retail and institutional investors continue to pile into the metal seen as a safe haven in times of turmoil. Gold for delivery in August was trading at $1,723 an ounce in New York, logging gains in excess of $200 an ounce so far in 2020. Continuing the recent growth st...Read More

O3 Mining triples Quebec drill program, stock up

June 04, 2020 / www.mining.com

O3 owns 435,000 hectares of ground in Qu?(C)bec, including 61,000 hectares in Val d'Or. (Image by Tobie Charette, Wikimedia Commons) O3 Mining (TSXV:OIII) announced Thursday it has expanded its current drill program in Val d'Or, Qu?(C)bec, by 200%, which include the Malartic, Alpha and East Cadillac properties.So far, the company has drilled approximately 26,000 metres as part of a 50,000-metre p...Read More

IN CASE YOU MISSED IT: 5 key stories from June 4

June 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday June 4 that are worth another look.Workers of Tata Steel Netherlands have voted in favor of industrial action to protest planned redundancies, trade union FNV Metaal said on June 4.Russian President Vladimir Putin has declared a state of emergency after an accident at a plant operated by a subsidiary of top nickel and palladi...Read More

Covid-19 breaking supply chains, encouraging reshoring, GSA says

June 05, 2020 / www.metalbulletin.com

The recent tariffs and trade wars had already stretched global supply chains to breaking point, but the Covid-19 pandemic broke those chains, according to a report by Gold Street Advisors (GSA).In a wide-reaching analysis on the impact of the pandemic on metals markets and what will change in its aftermath, the New York, United States-based asset management and risk advisory firm said that going f...Read More

LIVE FUTURES REPORT 04/06: LME copper price clears $5,500 in steady recovery; lead's rise tops complex

June 05, 2020 / www.metalbulletin.com

The three-month copper price on the London Metal Exchange was higher at the close of trading on Thursday June 4, recovering from a morning slump to breach nearby resistance levels amid low turnover.Meanwhile, a weaker US dollar index and continued buying interest from Asia kept the base-metals complex supported through the afternoon.This came despite a broad downward revision of the European Centr...Read More

Katanga now wholly-owned by Glencore in deal to take company private

June 05, 2020 / www.metalbulletin.com

Katanga Mining has been taken private by Glencore International AG after shareholders voted overwhelming in favor of a definitive agreement to amalgamate the company with 836074 Yukon Inc, a wholly-owned Katanga subsidiary. A special meeting of shareholders was held on Tuesday June 2, with the deal - recommended by the Katanga board - getting 99.9% approval during a vote. The result of the vo...Read More

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