Chaarat Gold Holdings (LON:CGH) disclosed Tuesday its unsolicited bid for Centerra Gold's (TSX:CG) Kumtor mine in Kyrgyzstan valued the operation, the Asian country's largest gold mine, at $800 million (about Cdn $1.025 billion at today's exchange rate).The miner, which is developing the Chaarat project in Kyrgyzstan, said the proposed acquisition of Kumtor included $400 million in cash plus th...Read More
Supply constraints affecting cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars, could slow production rates of such power storage units in the near term, Moody's Investors Service has warned."Declining ore grades for copper, continued lack of investment in new mines and the time required to bring new discoveries to production will constrain metal avai...Read More
Botswana Diamonds (LON:BOD) is expanding its operations from its base country to neighbouring Zimbabwe by teaming up with Vast Resources (LON:VAST) to jointly explore for diamonds in that country.The memorandum of understanding signed Tuesday sees the two companies exchanging past exploration information on areas prospective for diamonds in Zimbabwe. It also says the parties will set up a jointly...Read More
Pacific Ridge Exploration (TSXV: PEX) announced today that it is planning to buy the Spius porphyry copper project, located 40 kilometres southwest of Merritt, British Columbia.In a press release, the Vancouver-based miner whose assets span from Yukon to B.C., said that the Spius property was explored for its porphyry potential in the 1960's and early 1970's. However, most of the records from that...Read More
Following an operation against illegal mining in the north-central Carabobo state, General Juan Carlos Du Boulay Perozo, Commander of the Carabobo Defense Operating Zone No. 45, said that illegal miners in Venezuela have created "unions" in charge of controlling gold trading activities. In the region under Du Boulay's oversight, such illicit organizations operate in an area called Negra Matea, whe...Read More
David Garofalo, president and CEO of Goldcorp, joins BNN Bloomberg to discuss the latest on the company's Coffee project in the Yukon.Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Ken Hoffman, senior expert of Basic Materials Practice, McKinsey & Company, discusses his outlook for metals used in electric car batteries.Read full newsRead More
Gold mining earnings for Q1 remained moderate yet ETFs managed to stay in the green.Read full newsRead More
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.Read full newsRead More
At press time, Bitcoin (BTC) Bitcoin has fallen to US$8,919 as hopes of a return to US$10,000 are once again dashed. Ethereum (ETH) prices also took a hit Tuesday after a report that US regulators are exploring whether it and other cryptocurrencies should be treated like securities.E...Read full newsRead More
https://www.northernontariobusiness.com/Greater Sudbury's internationally acclaimed environmental regreening effort to heal its industrially-scarred landscape has hit the 40-year mark.The program, launched in 1978, put the city on the map as an environmental leader in miraculously transforming the area from a mostly tree-less moonscape to a lush landscape.In that four-decade span, more than 3,400...Read More
For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold.Read full newsRead More
His water-driven Sluice Goose machine separates gold particles with what he claims is 100% accuracyRead full newsRead More
Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, US Dollar Index Futures, Gold Futures. Read Chris Vermeulen's latest article on Investing.comRead full newsRead More
The U.S. Army Corps of Engineers issued its long-anticipated approval Friday, April 27, on the Final Environmental Impact Statement for the big Donlin Gold Mining Project near the Kuskokwim River.Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Mexico raked in $718 million in foreign investment in 2016 - up from $3 million in 2015. And no, we didn't leave out any numbers.Read full newsRead More
OSPREY GOLD DEVELOPMENT LTD. (TSXV:OS) (OTCQB:OSSPF) (the 'Company' or 'Osprey') announces that it has appointed John Eric Wenger as a director of the Company.Read full newsRead More