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
Global analyst Adrian Day updates us on developments at several of his gold companies, mostly positive, as well as takes a look at a couple of global companies with yields over 9%.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) reported an increase in reserves and resources for gold and copper, beyond replacing ounces mines. Gold reserves and resources increased by 10%, mainly driven, as expected, by Pueb...Read More
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporation"Recent relevant experience includes executive responsibility for OceanaGol...Read More
Annual metal production falls slightly to 148.8Mlb copper, 172.6Mlb zinc, 27.8Mlb zinc, 32,539oz gold and 2.8Moz silver following an initial capital cost of US$1.7 billion, up from $1.Read More
A 2021 feasibility study update on Goose outlined a 15-year life-of-mine, producing an average of 223,000ozpa of gold.Read More
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporationATAC responded that it did not believe the offer "fully captured the signif...Read More
Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesApollo sees stars align at CalicoSPONSOREDapollo silver Asante targets 400,000oz in 2023SPONSOREDasante gold corporation Byline: Robert Wachman Text: If we believe miners represent both a g...Read More
(IDEX Online) - Camilla, Queen Consort, will not wear the disputed 105-carat Koh-i-Noor diamond at the coronation of her husband King Charles III, Buckingham Palace said today.Instead she will wear a modified version of Queen Mary's crown, made by Garrard for the 1911 coronation and reset with the Cullinan III, IV and V diamonds.The announcement won't resolve a long-running dispute over...Read More
(IDEX Online) - Botswana is threatening to walk away from its deal with De Beers unless it can agree "more favorable" terms.Both sides signed up to an agreement in 2011, whereby the government sells most of the country's rough production through Debswana, a 50-50 partnership with De Beers.But several attempts to renegotiate the deal have ended in failure.On Sunday Botswana's President Mo...Read More
(IDEX Online) - Pandora, the world's biggest jewelry brand, reported record full-year sales of $3.82bn, representing seven per cent growth.The Danish charm maker, with over 6,500 outlets in 100 countries, said it was confident it could adapt to the uncertain environment and drive strategic priorities, although it forecast slower organic growth for the coming year. Last year's...Read More
Boliden reported a fourth-quarter EBIT of SEK3.2 billion (US$310 million), missing consensus estimates of SEK3.47 billion.Read More
Ma'aden, which is 50% owned by the Saudi Arabian government, reported 2022 net profits of SAR12.13 billion (US$3.23 billion). This was an increase of 87% year-on-year.Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Index futures moved lower following release of the January Consumer Price Index at 8:30 AM EST. Consensus was an increase of 0.4% versus a decline of 0.1% in December. Actual was an increase of 0.5%. On a year-over-year basis, consensus was an increase of 6.2% versus a gain of 6.5% in Decembe...Read More
Artificial Intelligence has blossomed into a full blown mini-mania over the past few weeks.The frothy action has launched several languishing stocks back into the stratosphere. Traders are gobbling up shares of every AI-adjacent stock they can find. The financial media are cranking out fantastical stories of a bold future filled with sentient chatbots able to write term papers for lazy students -...Read More
China has fallen victim to what economists call the middle-income trap. Economists consider a low-income country to have around $5,000 annual income per capita. Middle-income countries have between $8,000 and $15,000 annual income per capita. High-income countries begin at around $20,000 annual income per capita.China's per capita annual income is $12,970 - solidly in the middle income category. B...Read More
I'm currently exploring Antarctica, faraway from all the world's turmoil. My expedition just doesn't want to end up like the people on the Titanic! This iceberg was a bit too close for comfort: But this isn't a travelogue and you want to know what's happening in the fields of finance, economics, politics, geopolitics and more. So let's dig in...I've been writing a lot lately...Read More
CHEYENNE, Wyo., Feb. 14, 2023 /PRNewswire/ -- U.S. Gold Corp. (the "Company," "we" or "our") (Nasdaq: USAU) is pleased to announce that it will be presenting and exhibiting at the Mines and Money Miami 2023 Conference (the "Conference"). The Company's management invites shareholders and all interested parties to attend; admission to the Conference is free for qualified investors.The Conference wi...Read More
Keith Barron, president and CEO of Aurania Resources, discusses the junior's Lost Cities gold project in Ecuador. Barron, who was a principal of Aurelian Resources, which made the Fruta del Norte gold discovery in Ecuador, spoke with Northern Miner staff reporter Henry Lazenby at the Vancouver Resource Investment Conference in January.Read More
Alaska-focused developer Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has released an updated feasibility study for its Arctic copper-zinc-lead-silver-gold project in the Ambler mining district, outlining slightly weaker economics amid an inflationary backdrop.Trilogy, which has a 50% stake in Ambler Metals, a joint venture with South32 Ltd. (LSE: S32; ASX: S32; JSE: S32), outlined a 10,000-tonne-per-d...Read More
This week's podcast features interviews from the Vancouver Resource Investment Conference, featuring Keivan Hirji of Newmont's Sustainability and External Relations Team for North America; Kai Hoffman, Founder and Managing Director of Soar Financial Partners; Rick Rule, CEO of Rule Investment Media; and Andy Wurst, Global Chief Geoscientist with Barrick Gold. The interviews were conducted by North...Read More
Ivanhoe Electric (TSX: IE) has provided an updated mineral resource estimate for the Santa Cruz copper project located west of Casa Grande, Ariz., which now includes the first resource for the East Ridge deposit directly adjacent to the Santa Cruz deposit and for the Texaco deposit 1.6 km to the northeast.This resource update is based on much higher cut-off grades than the 0.39% used in the Decemb...Read More