Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) and Metanor Resources Inc. (Read full newsRead More

(Kitco News) - Gold and silver prices aremoderately lower in early-afternoon U.S. trading Monday. Both metals are notfar above last week’s 12-month lows. The key “outside markets” were bearish forthe precious today as the U.S. dollar index was firmer and crude oil priceswere weaker. Also, the technical postures for gold and silver markets remainfully bearish on a near-term basis....Read More

Nexus Gold CEO Alex Klenman discusses the significant findings on the Bouboulou and Rakounga concessions and what that means going forward.Read full newsRead More

VANCOUVER - De Beers Canada Inc. has signed a deal to acquire Peregrine Diamonds Ltd. in a offer valued at $107 million.Under the deal De Beers will pay 24 cents per share for the company which owns the Chidliak project, located 120 kilometres from Iqaluit.Peregrine also controls the Lac de Gras project in the Northwest Territories near the Diavik diamond mine.The deal, which is subject to the ap...Read More

Keris Lahiff| @kerisalison Published 6 Hours AgoCNBC.com show chapters Gold just entered into a death cross, and some see more pain ahead   12 Hours Ago |03:10 Just when you thought it couldn't get any worse for gold bugs, it has. Gold has sunk into a correction, and some forecast further downside to come.The charts could signal more trouble ahead for the yellow metal, Craig John...Read More

Diesel is out and electric is in at Goldcorp's Borden project in Canada. The all-electric strategy could enable huge cost savings if applied across the portfolio.Read full newsRead More

Experts across the industry said we could soon hit 'peak gold' - the point at which gold discoveries start to decline as there are no more new resources to discover.Read full newsRead More

Koson/Shutterstock.com(Kitco News) - Gold prices are closing in on a bottom, with a significant recovery coming in 2019, said ABN Amro in its monthly commodity update.The August Comex gold futures ended the week on a sour note, touching a fresh 12-month low on Friday and briefly trading at $1,237.50 an ounce before slightly rebounding to $1,241.40, up 0.02% on the day.The metal was hurt by lack of...Read More

Here we go again. Gold can't seemto hold a rally and is now testing the bottom of the range. Failure here couldbe a disaster for the yellow metal, which has struggled mightily since peakingon April 11 at $1,369.Gold is now down almost 10% fromthose lofty levels, nearing correction territory. The $1,235-$1,240 area is theline in the sand, as failure to hold these levels would bring $1,200 into pla...Read More

VANCOUVER, July 11, 2018 /CNW/ - Eldorado Gold Corporation ("Eldorado" or "the Company") today announces the appointment of Philip Yee as Executive Vice President and Chief Financial Officer. This appointment further strengthens Eldorado's leadership team.Philip Yee will join Eldorado in September 2018. Phil has extensive experience as a senior financial executive, having worked for a variety...Read More

(Kitco News) - Gold and silver prices are solidly lower and near their daily lows in early-afternoonU.S. trading Wednesday. The precious metals sold off in sympathy with aslumping raw commodity sector today, after the U.S. hit China with anothervolley of trade sanctions. A higher U.S. dollar index today also is a negativefor the precious metals markets. Augustgold futures were last down $10.90 ano...Read More

By David Hodari Metal prices tumbled Wednesday amid concern that the Trump administration's threat of more tariffs on Chinese goods could sap demand for everything from copper to platinum. The price of copper plunged 2.9% to $6,162.50 a metric ton in London, with zinc, nickel, lead, and tin all shedding more than 2%. Metals have been at the forefront of the market's reaction to the burgeoning t...Read More

SANTIAGO/MELBOURNE, July 11 (Reuters) - Foreign backed-Salar Blanco, which is 50 percent-owned by Lithium Power International, has dropped a lawsuit against Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, the Australian-listed smallcap announced.Lithium Power International said that following three months of talks, Salar Blanco ended its legal proceedings...Read More

MELBOURNE, July 11 (Reuters) - Private equity still has significant opportunities to invest in mining as companies cut debt and rebuild their balance sheets even as the sector recovers, mining specialist Denham Capital said.Denham, which closed a new $550 million mining fund sooner than expected on Monday, has already acquired two copper projects in South America and aims to invest the rest in...Read More

TORONTO, July 11 (Reuters) - Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia.Barrick, which looks likely to lose its rank as the world's biggest gold producer this year, maintained its 2018 output estimate of between 4.5 mil...Read More

MGX Minerals President and CEO Jared LazersonDemand from electric vehicles is blowing up lithium mining.In 2015, 174,000 tonnes of lithium worth $1.2 billion were mined.While the lithium-ion battery was invented 25 years earlier, the mineral hardly made headlines and output was controlled by four large primary producers (as it is today) operating largely out of sight in the high Andes and West Au...Read More

South Africa's mines minister Gwede Mantashe said on Sunday he will extend by a month a period for public comment on a mining industry charter which lays out requirements for black ownership levels and other targets.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.Mantashe said he will ex...Read More

By Scott Patterson and Rebecca Davis O'Brien American authorities are probing ties between Glencore PLC and an Israeli diamond merchant, according to people familiar with the matter, embroiling the mining giant in foreign and U.S. investigators' deepening scrutiny of the gem trader. On Tuesday, London-listed Glencore said it received a subpoena from the U.S. Department of Justice, demanding reco...Read More

(Bloomberg) -- Commodity bull Goldman Sachs Group Inc (NYSE:GS). has poured cold water on the notion that a trade war between the U.S. and China represents a serious threat to raw materials, saying most of them aren’t likely to be significantly impacted, and after recent declines now’s the time to buy.The Wall Street lender said the economic impact from sanctions between the U.S. a...Read More

(Bloomberg) - Sibanye Gold Ltd. said gold output in South Africa will be 6 percent lower than expected this year while costs will be higher, after a series of fatal accidents disrupted operations.There have been 21 people killed at Sibanye's South African mines this year, nearly half of the total 47 reported deaths across the local industry. The company is addressing the issue with "utmost urgency...Read More