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
LONDON, 20 March 2023 - Comment from BullionVault features in a report on the surging gold price from popular UK investment website Proactive Investors."Like the 2008 banking crisis, the sudden loss of confidence in mainstream finance has thrown into focus the fact that bank deposits are debt, not property," the report quotes Adrian Ash, director of research at the online gold marketplace.Read mor...Read More
LONDON, 20 March 2023 - Financial advisor magazine IFA today features data and analysis from BullionVault as the weekend's rescue of Swiss banking giant Credit Suisse sees gold priced in Sterling set new all-time highs.Read the full story at IFA Magazine here:Gold hits record high following UBS acquisition of Credit Suisse over the weekend Read More
LONDON, 20 March 2023 - Data from BullionVault today leads a report on the surging gold price from City AM, the free weekday newspaper for London's financial districts.Quoting gold prices and trading data from BullionVault, the report notes a surge in new account openings at the West London-based fintech as well.Read the full story online at CityAM here:Gold hits record highs as investors scramble...Read More
LONDON, 18 March 2023 - Data, comment and analysis from BullionVault is quoted today by the Times of London, the UK's newspaper of record since the late 18th Century."Free of default risk, physical bullion offers a simple and timeless alternative to complex credit structures and corporate balance sheets," the report quotes BullionVault research.Read the full story in the Money section of today's T...Read More
LONDON, 14 March 2023 - New interest in buying precious metals has leapt since the weekend's failure of Silicon Valley Bank reports UK personal finance site YourMoney, quoting BullionVault data and comment.Read the full story at YourMoney here:Gold demand soars amid SVB fallout: Should investors worry about tech, banks or start-ups? Read More
The company said it has been unable to feed the processing plant at a minimum of 3000tpd sustainably, and so its cash costs per ounce have remained higher than anticipated.Read More
The lithium spot price has retrenched from highs of US$85,000/t at the end of 2022; however, levels of around $50,000/t are five times higher than in 2019-2021.Read More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesThe junior also obtained a US$2 million term loan from diversified miner and trader ...Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Wyloo, a subsidiary of Andrew Forrest's private business Tattarang, and its associates ar...Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Malaysian bullion dealer and 27.27% Besra shareholder Quantum Metal Recovery is set to pr...Read More
George Cheveley, portfolio manager at Ninety One, told attendees in Lausanne, Switzerland, that even where capital was available, other risks were constraining spending.Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc. Trafigura in February announced it has booked a US$577 million charge after discovering...Read More
(IDEX Online) - Burgundy today said it was ditching plans to buy Australia's mothballed Ellendale deposit, a move that would have revived the country's dormant diamond mining industry.The move follows its announcement last week that it was going ahead with $136m deal to buy the Ekati mine, in Canada. Both Ellendale (pictured) and Ekati are sources of high-value yellow diamonds.Burg...Read More
(IDEX Online) - Interpol has lifted the red notice imposed in 2018 preventing fugitive diamantaire Mehul Choksi from traveling freely.The 195-nation group that facilitates cooperation between police forces says there's a risk he won't receive a fair trial if he is returned to India.Choksi, 63, together with his nephew Nirav Modi, 53, is wanted by authorities in his native India over the...Read More
(IDEX Online) - Diamonds Do Good (DDG), the non-profit that highlights the industry's positive impact, is to honor De Beers Group, Rosy Blue, Val?? (C)rie Messika, and Lorraine West.They will receive awards at its annual gala, on the eve of JCK Las Vegas in June.The Good Award, DDG's highest accolade, goes to De Beers in recognition of its "commitment to create lasting positive imp...Read More
The updated MRE shows that the deposit now contains 249,000oz of gold, 46,000t of copper and 48,000t of zinc.Read More
"I expect we will experience zero stock of copper this year," co-head of Trafigura's metals and minerals division Kostas Bintas said.Read More
At the conference, Nicolas Kazadi, DRC finance minister, called for international sanctions on Rwanda to combat illegal mining and smuggling by rebel groups.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EDT.Economic news released at 8:30 AM EDT could influence opening equity prices in Canada:February Canadian Consumer Price Index was expected to increase 0.7% versus a gain of 0.5% in January. Actual was an increase of 0.4%. On a year-over-year basis, February CPI was expected to increase 5.4% vers...Read More
Headlines this past week have been dominated by the new global banking crisis and rightly so.We've seen the sequential collapses of Silvergate Bank, Silicon Valley Bank and Signature Bank, along with the bailouts of First Republic Bank and Credit Suisse.You can be certain that more bank failures are on the way. And you can be sure I'll be on top of it.Still, the banking crisis is not the only news...Read More