As if there weren't enough upheaval in the markets. Now Canada's Bank of Nova Scotia (Scotiabank) - one of the world's biggest lenders to the physical precious metals industry - has apparently told staff that it plans to close its metals business. Reuters, quoting two sources, reported last week that the bank will unwind its precious metals trading business in early 2021. Scotiabank has been invol...Read More

This episode features an interview with Northern Miner editor-in-chief Trish Saywell on the latest news in the mining industry, including the impact of the coronavirus on commodities and the economy. She also discusses Barrick and Zijin Mining's clash with the Government of Papua New Guinea over the Porgera mine.All this and more with editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Rai...Read More

First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America's only primary producer of the key ingredient for the batteries that power electric vehicles (EVs) and high-tech devices.The Toronto-based company said the expansion of its refinery in Ontario, which it is carrying out in partnership with mining and commodities...Read More

Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has announced a $30 million (upsized from $26 million) bought deal. The net proceeds will be spent on permitting, development and exploration at its Valentine gold project in Newfoundland.The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets. The underwriters have agreed to purchase 20 million units at...Read More

Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has released drill results from its wholly owned 91.4-sq.-km Dixie gold property in Ontario.Of the 17 holes reported, highlights include hole BR-118, which returned two notable mineralized intervals: a standout 104 metres of 2.67 grams gold per tonne from 127.2 metres, as well as 57 metres of 3.18 grams gold per tonne starting at 30 metres. In additi...Read More

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereAfter production contracted 1.9% in 2019 to 20.6 million tonnes due to lower ore grades and production disruptions, copper production was initially expected to rebound st...Read More

The company also reported that is on track to meet its full-year production guidance of between 80,000 ounces and 85,000 ounces of gold.Read full newsRead More

Gold prices in 2020 have jumped higher. As a result, the top gold mining stocks are moving higher as well. It'd be good to watch these three gold companies.Read full newsRead More

AUPLATA MINING GROUP SA:Read full newsRead More

Part two of this series explores RNG pricing and market trends in the transportation fuel and utilities markets.Read full newsRead More

"Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade #Cobalt, #Silver and #Nickel ???(C)??',#CanadaCobaltWorks $CCW #Gowganda #MomentumStockshttps://t.co/rg11fqsfR3"Read full newsRead More

Talisker Resources is pleased to announce results from the second drill hole at the Bralorne Gold ProjectRead full newsRead More

Brixton Metals Corporation is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More

With a global recession almost certainly in full swing, investors are showing renewed interest in gold. According to GoldPrice.org, gold was going for $1,703 on Monday, a 31.5% increase over the same day a year before. That’s an impressive gain. And it’s not only the commodity itself that’s seeing a boost.Gold stocks are also rising, with Barrick Gold up 47% year-to-date. In...Read More

Energy and airline stocks have been some of the hardest-hit sectors amid the recent market rout. Utilities and telecom stocks largely tracked the broader markets. But one segment that went through the roof and notably outperformed TSX stocks at large is the gold miners.TSX gold miner stocks have stayed notably strong so far this year, even during the COVID-19 crash in March. While rallying physica...Read More

Image from Modular Mining. Modular Mining announced on Wednesday it has launched its Modular Mining Public Application Programming Interface (API). The API is designed for integration and increased openness amongthird-party technologies and Modular Mining's IntelliMine portfolio,including the DISPATCH fleet management and ProVision machineguidance systems.Through the Public API infrastructure,...Read More

Jacobina gold mine is s located in the east central section of Bahia state of Northern Brazil. (Image courtesy of Yamana Gold) Yamana Gold (TSX: YRI; NYSE: AUY) said on Wednesday that the Phase 2 expansion of its Jacobina mine in Brazil could lead to significant increases in production and cash flow generation, reaffirming the mine as a "low-cost and long-life asset."The Phase 2 expansion project...Read More

Detour Lake mine, a large-scale open pit mine in northeastern Ontario. (Image courtesy of Detour Gold) Kirkland Lake Gold (TSX:KL, NYSE:KL) announced on Wednesday results for the first quarter of 2020 with strong year-over-year growth in net earnings and record levels of gold sales.The company reported production of 330,864 ounces, a 43% increase from 231,879 ounces in Q1 2029 and 18% higher than...Read More

Publisher's Note: Today we're bringing you a pair of excerpts from Mr. James Dines' Interim Wealth Bulletin, a weekly, in-depth companion service for The Dines Letter.Mr. Dines has long warned about the dangers of infectious diseases, the building currency crisis, and how a massive gold spike and bull market were building. Now we're seeing all three pan out at the same time. Read on for Mr. Dines'...Read More

At Torex Gold's El Limon Guajes mine in Mexico. Image from Torex. A "wild swing" in the Mexican peso weighed on Torex Gold's (TSE: TXG) first quarter, despite solid production of 108,537 ounces of gold at the company's El Limon Guajes mining complex in Guerrero state.In a release, Torex president and CEO Fred Stanford noted that accounting changes in the treatment of stockpiled ore and the depre...Read More