The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

VANCOUVER, British Columbia, June18, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling at the Madsen Gold Projectcontinues to establish the Wedge area as an important... | juin 18,2018Read full newsRead More

The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

Indonesia's state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday.Situated in Indonesia's eastern-most province of Papua, Grasberg, the world's second-largest copper mine, is owned and operated by Freeport Indonesia (PTFI), a subsidiary of U.S.-based Freepo...Read More

Peru's National Institute of Statistics and Informatics released a preliminary report stating that in May 2018 and for the third month in a row, the mining and oil sectors continued to grow.According to Reuters, both sectors showed a 1.86 per cent interannual growth which was driven by increased production of oil, natural gas, zinc and tin.In detail, the oil sector showed an interannual growth of...Read More

Sienna Resources(TSXV: SIE) announced that it has started an extended sampling and geophysical program on the Sl??ttberg nickel-copper cobalt project, located 25 kilometres northwest of Falun, Sweden.In a press release, the Vancouver-based company explained that the historic mining camp hosts cobalt-nickel-copper rich massive sulfide mineralization. Therefore, its engineers will be taking samples...Read More

It's been a long time coming.The Food & Drug Administration - for the first time ever - has approved a marijuana-derived drug.There is plenty to unpack and ponder here, so let's start with the essentials, directly from the FDA's press release:The U.S. Food and Drug Administration today approved Epidiolex (cannabidiol) [CBD] oral solution for the treatment of seizures associated with two rare and s...Read More

Jul 02, 2018 Guest(s): Mickey Fulp Editor, The Mercenary Geologist Metals prices are going to rise in the near future, and the Yukon's assets are well positioned to benefit from a rally, this according to Michael S. "Mickey" Fulp, editor of the Mercenary Geologist. "Metal prices are going to go higher at some point, and these projects should be well positioned at that time for financing and deve...Read More

(Kitco News)- The second largest bank in America seesfurther upside potential in the U.S. dollar, but it is also not changing itsforecast for gold or silver.In a report Monday, analysts at Bankof America Merrill Lynch (BAML), reiterated their forecast for gold prices toaverage the fourth quarter around $1,400 an ounce. At the same time, the banksees silver prices averaging $17.50 in the final thre...Read More

Getty ImagesAmerican manufacturers grew in June at the fastest pace in four months, but it'sharder to get supplies delivered on time owing to recent Trump administration tariffs. The numbers: American manufacturers grew in June at the fastest pace in four months, but they're running into trouble getting supplies delivered on time owing to recent Trump administration tariffs as well as transporta...Read More

(Kitco News)- Gold and silver prices are solidly lower and trading near their daily lows in early-afternoonU.S. trading Monday. Gold hit a 12-month low and silver futures hit a seven-monthlow. A higher U.S. dollar index is a negative for the precious metals to startthe trading week. August gold futures were last down $10.00 an ounce at $1,244.40.September Comex silver was last down $0.303 at $15.8...Read More

Jul 02, 2018 Guest(s): Matt Turner CEO, Rockhaven Resources A higher gold price is simply not enough to push investors back into precious metals, according to Matt Turner, CEO, Rockhaven Resources.Turner told Kitco News on the sidelines of the Yukon Mining Investor Conference in Dawson City that more exploration from miners is also needed to bring interest back into the space. "I think continued...Read More

(Kitco News)- The amount of gold and silver transferred between accounts of London Bullion Market Association members fell during May, the organization reported Monday.The LBMA releases clearing statistics each month showing the net volume of gold and silver transferred between accounts of members, essentially providing a snapshot of the amount of trading activity.The average number of gold ounces...Read More

Asian buying of gold has picked up lately as the price hasfallen, and this may slow any further price declines in the precious metal,says Mitsubishi. “With gold prices down at six-month lows, Chinese buyers havebeen very assertive of late,” the firm says. Turnover on the Shanghai GoldExchange’s gold contract has been 11.5% higher in the last 10 days, compared tothe same period in...Read More

(Kitco News)- Money managers have reversed to atiny net-short position in gold futures, the first time they have not been netbullish in more than two years, according to the most recent weekly data fromthe Commodity Futures Trading Commission.During the week-long period toJune 26 that was covered by the report, Comex August gold fell by $18.70 to$1,259.90 an ounce, while July silver lost 7.3 cents...Read More

The International Energy Agency (IEA) has held a high-level meeting to identify the key issues faced by nuclear energy and to explore its future. Under current policies, together with limited investment in new reactors, nuclear's contribution to the energy mix in developed economies is set to decline significantly, the meeting heard.Attendees at the IEA high-level meeting (Image: IEA)"For more tha...Read More

A team of International Atomic Energy Agency (IAEA) experts has completed a review of the United Arab Emirates' overall nuclear energy infrastructure, the first ever Integrated Nuclear Infrastructure Review (INIR) conducted for a country in the final phase of the Agency's Milestones approach to infrastructure development.Kovachev, on the left, and FANR Deputy Director of Operations Raoul Awad (Ima...Read More

LONDON (Reuters) - The dollar edged higher on Monday, closing in on last week's one-year high, as investors ramped up bets that escalating trade tensions between the U.S. and its trade partners will hurt the world's biggest economy the least for now.Tension is growing ahead of a July 6 deadline when Washington is due to impose $34 billion of tariffs on Chinese exports, with two surveys of Chinese...Read More

July 2 (Reuters) - The Perth Mint's sales of gold products increased about 14 percent in June, from an over one-year low in May, while silver sales dived about 60 percent, the mint said on Monday.Sales of gold coins and minted bars climbed to 16,847 ounces in June, up from a 13-month low of 14,800 ounces reported in May, the mint said in a blog post.Gold sales in June were, however, down 12.5 perc...Read More

Nickel prices on the London Metal Exchange fell over 2% by the close of trading on Monday July 2, topping broad losses across the complex while escalating trade tensions and dwindling equity markets weigh on commodities.Reaching a high of $14,940 per tonne over the day, nickel's three-month price fell sharply during afternoon trading, drifting back to the $14,500 per tonne region. "If Chinese...Read More