South African gold producers are expected to sing this week a settlement in a lawsuit over fatal lung disease and tuberculosis miners contracted while working for them, ending this way the country's largest ever class action against mining companies.Speaking to Reuters, lawyer Richard Spoor, who represents about half a million workers and their families, said the companies would sign the out-of-...Read More

The Atacama Desert has drawn a lot of investment attention in recent years with the Lithium Triangle's domination of the global lithium market.Read full newsRead More

GREAT PANTHER SILVER LIMITED (TSX:GPR) (NYSE American:GPL) ('Great Panther'; or the 'Company') today reported financial results for the Company's three months ended March 31, 2018.Read full newsRead More

Cache Exploration (TSXV:CAY) is pleased to report that the TSX Venture Exchange has approved the Company's purchase of a 100%-interest in the Deep Lake Project located near Saint John, New Brunswick in consideration of the issuance of 800,000 common shares of Cache to Horizon Cobalt Corporation.Read full newsRead More

Gold fell to a six-week low as the dollar strengthened ahead of a Fed policy meeting, causing the yellow metal to break through key support levels.Read full newsRead More

Morning Market Breakdown, May 2: As the TSX attempted to find gains on Wednesday morning, both the Dow Jones and S&P 500 struggled in the red.Read full newsRead More

Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners to act as lead agent (the 'Lead Agent'), on its own behalf and on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc.Read full newsRead More

Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) ('Signature' or the 'Company') is pleased to announce that preliminary interpretation of the recently completed Terraquest airborne geophysical survey shows that the gold mineralized zones at Lingman Lake display correlation to both the magnetic and electromagnetic components of the survey.Read full newsRead More

Glencore Plc's clash with former partner Dan Gertler over unpaid royalties at a key Congolese copper mine deepened as the legal battle spread to a London court.The Swiss miner was on Tuesday granted a temporary injunction against the Israeli billionaire after petitioning the London court to rule against a Congolese judge's decision last week to freeze assets at its Kamoto Copper project, people fa...Read More

Mongolian Copper Corporation (MCC) is considering international arbitration ahead of an expected government appeal against a court ruling the state's attempt to buy MCC's stake in one of Asia's biggest copper mines is illegal, the company said.The corporation has been fighting for more than a year to stave off the Mongolian government's push to gain full control of the Erdenet mine by buying MCC's...Read More

Today marks the first day that Nova Scotia mining companies can apply for fuel tax rebates for fuel consumed at mines, quarries and pits."Getting the rebate is a tremendous win for Nova Scotia's mining industry and a clear indication of the government's support of our industry," said Sean Kirby, Executive Director of the Mining Association of Nova Scotia (MANS). "This policy change sends a signa...Read More

Canada's StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) said Wednesday it has agreed to buy fellow junior Skeena Resources' (TSX-V: SKE) historic Porter Idaho silver property located near Stewart, in British Columbia's prolific Golden Triangle.As part of the deal, Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based up...Read More

Vedanta Resources' Zinc International unit said it was exploring the feasibility of developing and constructing a smelter to process zinc mined from its flagship Gamsberg project in South Africa.The global mining conglomerate said in February it may accelerate expansion of its African zinc operations to take advantage of a surge in prices of the metal.Zinc prices have rallied to their highest sinc...Read More

Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018.In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of gold, including attributable p...Read More

Mr. Nelson Baker reportsMINERAL MOUNTAIN CONFIRMS PROOF OF CONCEPT IN THE HOMESTAKE GOLD BELTMineral Mountain Resources Ltd. and its subsidiary, Mineral Mountain Resources (SD) Inc., have received the analytical results for the initial three of the planned 12 NQ diamond drill holes --ST18-001, ST18-002 and ST18-003 -- totalling 1,322 metres on the company's Standby mine target in the Rochford dist...Read More

Gold continues to gyrate wildly, as geopolitical crises and economic risks weigh on the outlook for financial markets. After dipping sharply in recent days, the lustrous yellow metal has bounced back, rallying by just over US$10 per ounce since the start of May 2018 to be trading at US$1,313 an ounce. This is good news for beaten-down junior gold miner Pretium Resources Inc. (TSX:PVG)(NYSE:PVG), w...Read More

Mr. Antonio Berlanga reportsTELSON ISSUES TAHUEHUETO Q1 2018 PREPRODUCTION RESULTS FOR MINING, CONCENTRATE PRODUCTION & METALLURGICAL BALANCESTelson Mining Corp. has provided the results of first quarter 2018 preproduction toll milling at its 100-per-cent-owned Tahuehueto mine development project located in Durango, Mexico. Preproduction toll milling from Tahuehueto processed 9,503 tonnes of o...Read More

May 03, 2018 Guest(s): Gerald Celente Publisher, The Trends Journal Equity markets are overvalued and overleveraged, and a crash on the scale of the last recession could be on the horizon, said Gerald Celente, publisher of the Trends Journal. Celente told Kitco News that one possible trigger for such a crash could be an escalating war in the Middle East. "If we have a war that involves Iran, kis...Read More

(Kitco News) - Korean janitor hit a jackpot as he uncovered seven gold bars while cleaning out a garbage bin in South Korea’s biggest international airport.An unnamed male cleaner found $325,000 worth of gold bars on Thursday in Incheon International Airport located in South Korea’s capital Seoul.Each gold bar weighed 1 kilogram and was wrapped in a newspaper.After looking into the mat...Read More

(Kitco News) - Before I lay out to you why gold will hit new highs inthe coming years, I want to first thank you and all of my loyal Kitco readerswho have followed my daily reports for so many years. I have a lot of irons inthe fire, but writing for Kitco, and you, is one of my very favorite dailychores. I hope you continue to follow me in the coming years.If you know me well by having read my Kit...Read More