Salt Lake City, Utah: 28 March 2018 - Boart Longyear announces it is adding new exploration drill rigs to its Drilling Services fleet around the world to meet the demand of expanding exploration budgets.Latin AmericaIn Chile, a brand new LF?,,?160 top-drive coring rig is being added to a current customer project where two LF160 rigs are already working onsite. The LF160 rig paired with the FL262 F...Read More

Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More

Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More

Randgold Resources' Chief Financial Officer, Graham Shuttleworth, announced today that since the company declared its maiden dividend for the 2006 financial year, its dividends have increased by 1,900%. "Randgold Resources had one of the best years in its history of achievement and delivery in 2017, posting another production record of an already high base and pruning the cost of production to its...Read More

March 29 (Reuters) - London-listed Vedanta Resources said on Thursday it would likely record an impairment charge of up to $600 million following the closure of its iron ore business in India's southwestern Goa state.In February, India's Supreme Court quashed all iron ore mining permits and mining was ordered stopped from March 16 in Goa, one of the country's top producing states for the material...Read More

Last week we noted that Gold's quarterly close would be a key marker for Gold's immediate breakout potential. Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz. Hence, an imminent break to the upside is unlikely and gold watchers will have to remain patient. It's not yet Gold's time. It will be soon enough.One cata...Read More

The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an eye on silver miners' fundamen...Read More

Gold is significantly higher than it was a year ago, but for the most part, gold stocks have not benefitted from the surge in the yellow metal.Let's take a look at the current situation in the market to see if one might be an attractive pick right now.Gold marketA year ago, gold traded for US$1,245 per ounce. Today the precious metal is fetching US$1,330, which is down from the recent high of US$...Read More

Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) has a rocky history, but the stock can deliver big returns to investors when they get the timing right.Let's take a look at Canada's largest diversified mining company to see if it deserves to be in your portfolio today.Volatile stockAnyone who has owned Teck in the past decade will tell you that the stock isn't ideal for investors who prefer a conservat...Read More

Buying unloved stocks at the right time can result in oversized gains when better days finally arrive, or when the market decides the selloff has gone too far.Let's take a look at Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if it deserves to be in your contrarian portfolio today.Tough timesAt the beginning of 2011, uranium sold for US$70 per pound, and Cameco traded at $40 per share. Then the tsunami...Read More

There is great potential for market-beating capital gains on investments in gold miner B2Gold Corp.'s (TSX:BTO)(NYSE:BTG) equity and in oil and gas growth stock Parex Resources Inc. (TSX:PXT) at current trading levels. These two firms are poised to realize significant top-line growth, increase their profitability levels, and generate growing free cash flows going forward.Here is a closer look at e...Read More

Last week we noted that Gold's quarterly close would be a key marker for Gold's immediate breakout potential. Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz. Hence, an imminent break to the upside is unlikely and gold watchers will have to remain patient. It's not yet Gold's time. It will be soon enough.One cata...Read More

The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an eye on silver miners' fundamen...Read More

LAGOS, March 31 (Reuters) - Nigeria's foreign exchangereserves stood at $46.2 billion as of March 28, up 8.8 percentfrom a month earlier, central bank data showed on Saturday.Successful debt sales, including a eurobond offering lastmonth, have helped the government accrue billions of dollars inforeign reserves, although they remain far from the peak of $64billion in August 2008.The government rais...Read More

Maybe I’m the dumb one for not understanding what this lecture was supposed to be about. The description on the University of Texas at Austin’s website says:In the wake of renewed attacks on Muslim and Muslim-adjacent communities, the hijab and turban continue to be enveloped as important material objects in the racialization of Muslim and Sikh bodies.Okay, so far I think I understand....Read More

Click Here to Listen to the InterviewAmong the items discussed over the course of the interview:the long-term significance of yuan-denominated crude oil futuresFed policy and long-term interest ratesthe US trade deficit and its impactthe possibility/likelihood of a Russian "silver ruble"what impact de-dollarization may have upon US expats living abroadthe definition of the term "global reset"and m...Read More

David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More

Precious metals expert Michael Ballanger finds that lots of quotes from classic films apply to silver and gold's current situation.Read More

The world of gold and silver in cinema...Being somewhat of an old movie buff, it is astounding how the writers of screenplays could create dialogue that remains at once both timeless and relevant, regardless of the current geopolitical or economic backdrop. This remains true today with particular emphasis on the precious metals markets where a perfect storm for gold and silver ownership has been b...Read More

In Chris Powell's recent response to my article, he has again done what GATA does best - massage the facts to fit their narrative. So, while GATA admittedly will be unable to tell you where the market is heading next, they certainly know how to spin what people say to try to explain why they have no clue where the market is going.So, in this rebuttal, I will address each of Mr. Powell's points."We...Read More