Goldcorp's Pe??asquito gold mine about 200 km northeast of Zacatecas, Mexico. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX; GG-NYSE] says it has produced the first dor?(C) gold bar from the Pyrite Leach Project (PLP) at its 100%-owned Pe??asquito mine in Mexico. The aim of the project is to allow Pe??asquito to process ore which was previously considered uneconomic, including significant amounts alre...Read More
Working underground at SilverCrest's Las Chispas Project in Sonora, Mexico. Source: SilverCrest Metals Inc.SSR Mining Inc. [SSRM-TSX, NASDAQ] is acquiring a 9.9% stake in SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] by purchasing 8.2 million common shares of the company via a private placement.The total consideration is $30.7 million or $3.73, marking a 19% premium on the closing price of Silv...Read More
Quartz carbonate vein breccia with pyrite and chalcopyrite from the first ever drill hole on the Cole Target, KH18-18Metallis Resources Inc. [TSX-V: MTS; OTCQB: MTLFF] is pleased to announce the second set of assay results from the Company's 2018 drilling program at its 100%-owned Kirkham Property in the prolific Golden Triangle of northwest British Columbia. The first ever drill program at the Co...Read More
The price of oil remained soft this week.Data from the EIA released Wednesday showed American crude inventories unexpectedly increasing to a one-year high.The market had actually expected a decline in inventories. Wednesday's data marks the 10th consecutive weekly increase in U.S. oil stocks and frightened off investors, pushing prices down to just $50 per barrel yesterday.Of course, OPEC was ther...Read More
Since it kicked off this year's 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project's inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne.But the company has also spent a l...Read More
The Association of Mineworkers and Construction Union (AMCU) started a strike on Read More
Scooby Doo is an American hero.No, I'm not talking about the cartoon dog.I'm talking about the robot.You see, Scooby Doo was an iRobot PackBot.PackBots are 60-pound, treaded robots that are used for reconnaissance, surveillance, and bomb disposal. They have four cameras, an arm with a gripper, and flippers that vault them over obstacles.And Scooby Doo was one of the best.Through the course of his...Read More
Endeavour Silver completed a total of 55 drill holes from surface on seven different vein targets as part of a program at its Bolanitos mine.Read full newsRead More
"Mining in Western Australia is one of the state's most important industries and it leads the nation in exploration and production activity, especially when it comes to gold and iron ore. https://t.co/SllYDx3lKV @NxGoldLtd #mining #gold #iron # #investing"Read full newsRead More
Chancellor Angela Merkel's plane had to turn around and land in Cologne after an hour in the air due to a defect. The plane has experienced several issues in the past few months.Read full newsRead More
"Metallis Hits 11.18 g/t Gold Over 7.7 Meters Including 137 g/t Gold Over 0.6 Meters at Cole Target @MetallisMTS https://t.co/UMuukpmUIK"Read full newsRead More
CloseGain/LossGold $1223.90+$3.70Silver$14.30-$0.01XAU64.80-1.11%HUI146.40-1.00%GDM534.77-0.25%JSE Gold1124.07+16.97USD96.78-0.05Euro113.89+0.18Yen88.30+0.17Oil$51.45+$1.1610-Year3.029%-0.032T-Bond140.21875+0.28125Dow25338.84-0.11%Nasdaq7273.08-0.25%S&P2737.80-0.22% The Metals: Gold gained $8.70 to $1228.90 by late morning in New York before it drifted lower in afternoon trade, but it stil...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More
"Mako Mining: Drilling at Las Conchitas confirms high grade gold mineralization, highlighted by 6.10 m of 16.48 g/t gold and 27.70 g/t silver https://t.co/vYhgOFFaTD"Read full newsRead More
The authorities in Democratic Republic of Congo will audit the supply chain for ...Read full newsRead More
"Ontario & Quebec accounted for more than 75% of mined gold production in Canada in 2017... Have a look at this article from Natural Resources Canada: https://t.co/hybRMaMWiz #mining #smallcap #stock $STH Look at Stelmine Canada's Quebec Properties: https://t.co/GXSNnoliX0"Read full newsRead More
"Do the attributes identified as most important for #miningexecutives match those you see in KPIs?Register for our free #GlobalLeadershipReport webinar and join the discussion: https://t.co/8t5UVEMo3i #leadership #mining @SwannGlobal"Read full newsRead More
German pharmaceuticals and chemicals giant, Bayer, announced plans to cut 12,000 out of 118,200 jobs worldwide, or roughly 1 in 10 jobs, in hopes of cutting costs and regaining investor favor after a series of legal setbacks over its purchase of Monsanto earlier this year.Read full newsRead More