The Massawa gold project (pictured) is 20 km away from Teranga's flagship Sabodala mine, in Senegal. (Image from archives via Randgold Resources.) Barrick Gold (NYSE:GOLD, TSX:ABX) has completed the recently announced transaction of combining its Massawa gold project in Senegal with Teranga Gold's (TSX:TGZ) Sabodala gold mine. Barrick and its Senegalese partner held a 90% interest in the Massawa...Read More

Gosowong gold mine, Indonesia. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is payable in 18 months. NSH owns 75% of PT Nusa Halmahera Minerals (PT NHM), which operates the Gosowon...Read More

PDAC 2020 (Credit: PDAC) Attendance at the 88th Prospectors & Developers Association of Canada (PDAC) 2020 Convention totaled 23,144, 10,4% less than in 2019, as the conference was impacted by the coronavirus outbreak.In 2019, PDAC hosted 25,843 attendees. The annual PDAC Convention in Toronto is the world's premier industry event, bringing together investors, analysts, mining executives, geolog...Read More

The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada's oil and gas industry, says an industry analyst."Our conversations with institutional investors had begun to put 'regulatory hurdles' lower on the list of concerns when looking at the Canadian energy sector," said...Read More

Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but some analysts say the announcement is a minor step towards helping the mining industry achieve climate goals.Delivering full-year results for 2019, in which the company recorded its highest profit in eight years, CEO Jean-S?(C)bastien...Read More

Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023.The world's No. 2 miner continues drilling and geophysical testing at the asset, which could be its next major copper project, and is progressing discussions with land owners to keep moving forward.Chief executive officer Jean-S?(C)bastien Jacque...Read More

To underscore the volatility of this past week, consider the price action in Silver. Silver, days ago, had a chance to make its highest monthly Continue...Read More

At the second Resource Maven Financing Opportunities conference on February 13, 2020, CEO David Hottman of Orestone Mining presents the tight share structure and an exciting upcoming financing opportunity. -------------------------------------------------------------------------------------------------------------------------- About the conference: At the start of a new gold bull market, experienc...Read More

Indonesia's coordinating minister overseeing maritime resources and investm...Read full newsRead More

Silver is no longer acting like a safe-haven asset, at least not this week. The market is trading the metal more like an industrial metal this week.Continue...Read More

"China's January #nickel production was down 17% YoY. On the backdrop of the epidemic, smelters in Gansu and Xinjiang are operating as previously planned, while those in Shandong and Tianjin have swung to low gear and those in other regions remain closed https://t.co/bTSGhsAd0X"Read full newsRead More

Gold saw a slight rally in the first month of 2020 going from $1520 to breifly go past $1600 on the Iran issue, then leveling off in the upper $1,500 range. Silver is pretty much unchanged however platinum and palladium both showed great gains in the first month of the year. Most miners and explorers have showed little reaction to this price movement. Infact although gold is at historic highs in a...Read More

Rally car (Credit: Pixabay) Prices for March palladium went 1.18% up in late afternoon on Friday as the metal was trading at $2,634 an ounce on the Comex market in New York. Earlier in the week, palladium futures for March delivery climbed 7.8% at $2,497.60 an ounce on the New York Mercantile Exchange on Wednesday and prices kept rising after the market closed, touching $2,504.50, the highest in...Read More

"We think it is still early days for this virus and the potential implications," RBC said overnight.Read More

* No cases of coronavirus at Indonesia Morowali Park -spokesmanRead full newsRead More

China imported 1,623 tonnes of cobalt metal in 2019, up 54.6% from 1,050 tonnes in 2018, according to official but unconfirmed data seen by Fastmarkets. Fourth-quarter shipments totaled 527 tonnes, up 24.3% from 424 tonnes in the third quarter and up eightfold from 58 tonnes in the fourth quarter of 2018. Chinese appetite for seaborne cobalt metal grew in 2019 due to a narrowing of the import arbi...Read More

Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessFEBRUARY 2020Yield inversions as a harbinger of recessions and higher gold pricesBy: Michael J. Kosares, USA GoldDuring the course of the past several months, we have heard much about the inverted yield curve in three-month and ten-year Treasuries as a harbinger of recessions. Missed...Read More

Zinc's benchmark cash/three-month spread on the London Metal Exchange has moved into contango for the first time in five months after the largest inflow since last April brought on-warrant material to more than 50,000 tonnes. This is the first time LME zinc's on-warrant inventory has breached this level since August 2019. The galvanizing metal's cash/three-month spread traded in a $1.50 per tonne...Read More

While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the "most bullish in years," and the sector "offers its most compelling value proposition since pre-Fukushima," Haywood Securities says in a new research note."Looking ahead, we believe we are in the early stages of a long-term bull market for the uranium investment theme and recommend investors begin p...Read More

Palladium prices have surged 1520% since 2009 due to tight supply and higher emission standards, and analysts at the Bank of America forecast the metal could rise to US$3,500 per oz. in the fourth quarter of 2020 from the current spot price of US$2,302.75 per ounce.The bank estimates that palladium will rise to an average price of US$2,450 per oz. in the first quarter and to US$3,000 per oz. durin...Read More