Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
(IDEX Online) - Bulk sampling has confirmed a "significant population of fancy orange and yellow diamonds" at Canada's Naujaat mine.Australian owners Burgundy say they are encouraged by results of the project, which is 70 per cent complete.A total of 268 diamonds over 0.21 carats, weighing 117.98 caratswere recovered from 1,316 dry tonnes of kimberlite at the mine, in the remote, Arctic terri...Read More
RAPAPORT... Bonhams has appointed Stewart Young as director of jewelry and head of Asia for the category.Young has more than 10 years of experience in the auction industry, having previously held the position of deputy director and specialist at Sotheby's, as well as of director of jewelry at Tiancheng International Auctioneer in Hong Kong. He also worked as an independent jewelry designer, Bonham...Read More
Glencore has reduced its copper guidance for 2022 by 3% or 40,000 tonnes and cut its cobalt guidance by 6% or 3,000 tonnes because of setbacks at the Katanga mine, the Zug-headquartered commoditiesRead More
Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Lundin posted attributable earnings of US$345.1 million or $0.47 per share for the first three months of this year,...Read More
West Africa an improved opportunitySPONSOREDMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesLake Resources targeting 100ktpa lithium productionSPONSOREDlake resources"Despite the challenging quarter in our operations, we are on track to deliver on our commitments for 2022," the mining giant's CEO Eduardo Bar...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 63 points at 7:30 AM EDT. First quarter annualized real GDP in the U.S. is scheduled to be released at 8:30 AM EDT. Consensus is an increase of 1.0% versus a gain of 6.9% in the fourth quarter. Meta Platforms (i.e. Facebook) jumped $32.95 to $207.80 after reporting higher than consensus first quarter earnings. Teledoc...Read More
Copper is a metal essential to construction, manufacturing industrial machinery and to the green energy transition - and demand is increasing worldwide.The copper price broke an all-time record intraday high above US$11,000 per tonne this year on the back of historically low global inventories.Our sister company Mining Intelligence has compiled a list of the world's top 10 biggest copper mines bas...Read More
A motion for an official apology from the Ontario Legislative Assembly to former Ontario miners who were forced to inhale an aluminum and aluminum oxide powder linked to the development of Parkinson's disease was denied on Thursday, as the House asked for more time to "properly honour" the victims and their family members. In between 1943 to 1979, many Ontario miners were required to inhale the...Read More
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has entered into a partnership with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) focused on the latter's Nuton venture and a non-brokered private placement for total gross proceeds of up to $30.5 million. Nuton technologies offer a portfolio of proprietary copper leach related technologies and capability developed by Rio Tinto to deliver increased co...Read More
The U.S. Securities and Exchange Commission (SEC) has charged Vale S.A. (NYSE: VALE) with making "false and misleading claims" about the safety of its dams ahead of the January 2019 collapse of its Brumadinho dam in Brazil, which killed 270 people, in a complaint filed in the U.S. District Court in New York, the SEC said. According to the SEC's complaint, the mining giant "manipulated multiple...Read More
Just one month after announcing a deal to acquire the Gasp?(C) Copper project, near Murdochville, Que., Osisko Metals (TSX-V: OM; US-OTC: OMZNF) has announced an initial inferred resource estimate for the Mount Copper deposit at the project using data from historical drilling completed between the 1960's and 2019. The company has also started a 30,000-metre drill program at the project, located...Read More
Champion Iron (TSX: CIA; OTC: CIAFF) has provided operational results for its fiscal fourth quarter and full year ended Mar. 31. The company owns and operates the Bloom Lake mining complex, located on the south end of the Labrador Trough, approximately 13 km north of Fermont, Que., and 10 km north of the Mont Wright iron ore mining complex held by ArcelorMittal Mines Canada.The Bloom Lake Phase...Read More
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia's invasion of Ukraine continues to drive up prices of most commodities the company mines and sells.Delivering results for the first three months of the year, the Swiss company said earnings from its marketing unit will "comfortably" top the highest end...Read More
TRU intends to complete a non-brokered private placement for gross proceeds of up to $2,500,000.Read full newsRead More
TRU intends to complete a non-brokered private placement for gross proceeds of up to $2,500,000.Read full newsRead More
Falcon Gold Corp. (TSXV:FG), (GR:3FA), (OTCQB:FGLDF); (Read full newsRead More
Dear Outsider,There's been so much insider buying activity over the last few months that I don't even know where to start.I guess we'll start with a man who's been manipulating stock prices his entire career... Elon Musk.His chickens may finally be coming home to roost.The Feds are after him.They say he delayed reporting his recent Twitter (NYSE: TWTR) purchases so he could buy more on the cheap.H...Read More
In 1665, an outbreak of the bubonic plague in England forced the University of Cambridge into lockdown. Sir Isaac Newton, one of the most famous scientific minds we've ever seen, was forced to return home while he continued his work. Despite the horrors the plague brought, in hindsight, this event ultimately paved the way for a great leap in scientific understanding. The story goes on to say that...Read More
We spoke with Rob Daw, who is Chief Innovation Officer of Hexagon's Mining division, a global leader in digital reality solutions, combining sensor, software, and autonomous technologies, to help mines to autonomously connect, by integrating critical workflows and ensuring a scalable, sustainable future. Hexagon (Nasdaq Stockholm: HEXA B) is putting data to work, to boost efficiency, productivity,...Read More
You need to earn a gross employment income of around $105,000 to take home $75,000 in Ontario. So, does the difference between gross and net pay go only into the government's coffers? The short answer is no. You get direct benefits through paybacks in addition to indirect benefits like good infrastructure, public health insurance, and medical facilities.Let's take a closer look at what some of the...Read More