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
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa's top gold miners should merge and create a rival to the world's largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD), or risk being acquiCEO Neal Froneman said he believed that combining his company with Gold Fields (NYSE: GFI) and AngloGold Ashanti (NYSE: AU) would be in South Africa's national inter...Read More
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10.Gold Fields rose 14.4% to US$9.37. The company announced that the National Energy Regulator of South Africa had approved its electricity generation licence, which will allow Gold Fields to build a 40 megawatt solar power pla...Read More
The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose 1.16% to 106.23. Spot gold fell US$35.50 per oz. to US$1,700.10 and the S&P/TSX Global Gold Index increased 4.07% to 280.38.Suncor Energy rose $2.55 to $27.82 per share. The company announced it priced an offering of US$750 million in senio...Read More
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10.Shares of New Found Gold climbed 48 ? to $3.93. The company announced assay results from its 100%-owned Queensway project, 15 km west of Gander, Newfoundland. An interval drilled about 125 metres down plunge to the south of previously reported intervals in the Keats Zone, doubled the known e...Read More
Encompassing an area the size of Europe, the territories that make up Canada's North have long known the importance of the natural resources sector, most especially mining, as a foundation of their economies. The three territories - Yukon, Northwest Territories (NWT) and Nunavut - are noted sources of precious metals, diamonds, base metals and rare earth elements (REEs), among others. And given th...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesLynn Lake the next major nickel sulphide discovery?SPONSOREDcorazon miningDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningAluminium, for example, was once more expensive than gold simply beca...Read More
Strong copper demand from China's EV market will offset lower consumption from housing and powerRead full newsRead More
Metals, majors mixedRead full newsRead More
Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the market.Read full newsRead More
How Top Gold Mining Stocks Performed in 2020 Gold mining stocks and the GDX saw strong returns in 2020 as gold was one of the most resilient and ...Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Welcome To Canbud: Always On The Move...Read full newsRead More
Victory Resources Corporation is pleased to announce it has complRead full newsRead More
Many avoid investing in stock markets because of the volatility risk. However, this risk gets effectively diversified when you are investing for the longer term. Here are three TSX stocks that offer striking growth prospects for the long term.CargojetCanada’s top freight carrier stock Cargojet (TSX:CJT) has fallen 20% so far this year. Investors must have disheartened with the recent fall, m...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 9 that are worth another look.Canada's coking coal exports to China increased by a fifth in 2020 amid a "verbal ban" imposed by Chinese authorities on cargoes from Australia late last year.Trafigura's warehousing and...Read More
Trafigura's warehousing and logistics arm, Impala Terminals, has launched a certified carbon-neutral freight service allowing its customers to offset their indirect greenhouse gas (GHG) emissions by financing carbon projects worldwide.The service will show its clients the indirect 'Scope 3' GHG emissions (as defined in the globally accepted GHG Protocol) generated by the transportation of their sh...Read More
The futures price of tin on the London Metal Exchange moved up by more than $200 per tonne on Tuesday March 9, while the rest of the base-metals complex closed at lower numbers, with nickel and copper seeing further sales during the latter part of trading with consolidation continuing.Tin's price rose by 0.5% on Tuesday to $24,435 per tonne at the close, from Monday's closing price of $24,325 per...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 9, 2021 The powerful sell signal for the Nasdaq that I issued in February has been followed by a disturbing “tech wreck” in the US stock market. Please click here now.Double-click to enlarge this QQQ ETF chart. Trendlines are being tested, and an important one has faile...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 9 that are worth another look.Canada's coking coal exports to China increased by a fifth in 2020 amid a "verbal ban" imposed by Chinese authorities on cargoes from Australia late last year.Trafigura's warehousing and...Read More