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
Newsletter Update This morning's news from Arizona Silver Exploration Inc. has prompted Chris Temple of The National Investor to share his thoughts on the company.Arizona Silver Exploration Inc. (AZS:TSX; AZASF:OTC) is out this morning with the kind of drill results news that I would typically dismiss, if not outright ignore, but not in this case.As you will READ HERE, AZS has finished drilling a...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 new "high confidence" capital cost estimate is US$236.5 million, including a $26.6 mi...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.Minem said in a statement that of the 74, 39 focus on copper, 18 on gold, 9 on zinc and e...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.The company said that the drill forms part of its 2023 drilling campaign, which will see...Read More
Guy Wolf, global head of market analytics at Marex Spectron, said copper markets are facing an ever-tightening supply situation.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 resourcesAs of Monday, 20 March, pre-qualification for bidding on 49 tenements is open.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.Not much is the quick answer, though over time this latest gold rush will run out of stea...Read More
(IDEX Online) - A ruby and diamond bracelet made by Van Cleef and Arpels for screen icon Marlene Dietrich is to sold by Christie's New York with an estimate of $2.5m to $4.5m.She bought the high glamor piece in 1937 and wore it in Alfred Hitchcock's 1950 movie Stage Fright and to the Academy Awards ceremony a year later.It will be auctioned as part of collection owned by philanthropist a...Read More
(IDEX Online) - Brave jewelers Malcolm Abelson, 78, and his wife Elise, 73, saw off a raider armed with a hammer who tried to steal merchandise from their store in Manchester, England.The couple were unhurt after grappling the man, who fled empty-handed.He claimed he was interested in a necklace and three diamond bracelets for his girlfriend but snatched them from Ms Abelson and tried to run off.&...Read More
(IDEX Online) - Burgundy's $136m deal to buy the Ekati diamond mine, in Canada, is likely to extend its life "significantly", says Kim Truter, the company's CEO.The purchase, announced last week, from Arctic Canadian, should be concluded next month, pending financing and shareholders' approval."The real advantage is it's a tier-one asset in a tier-one country," Truter told CBC...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 8:30 AM EDT. Concerns about Credit Suisse' viability was relieved after UBS acquired the company for $3.2 billionCF Industries slipped $0.43 to $70.50 after announcing acquisition of an ammonia plant in Louisiana for $1.675 billion.Foot Locker added $0.03 to $42.29 after reporting higher than consensus fourth...Read More
Money is all theoretical... until it's not.Paper money is bad enough, as France learned under the tutelage of the rascal John Law in the early 1700s. The nation was broke, exhausted by foolish wars, and heaped under unbearable debt.Monsieur Law, a Scottish genius-wizard (the Jerry Lewis of political economy), landed in Paris, cast a spell on the regent Duc d'Orl?(C)ans, set up a magic credit engin...Read More
Spread the lovePRIVATE BLOG - Gold & the BreakoutPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Bank of America Securities has flagged Iamgold (TSX: IMG; NYSE: IAG), New Gold (TSX: NGD) and Kinross Gold (TSX: KGC) as having the most torque, given gold's 6% surge to US$1,982 per oz. on Mar. 10, a report noted Monday.Gold miners with a higher cost base and those with more debt relative to net asset value on the books had the greatest torque to rising prices, argues research analyst Lawson Wind...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.New Found Gold (TSXV: NFG) shares popped this week after announcing on Mar. 13 a high-grade intercept drilled below its recent Iceberg discovery at its Queensway gold project in Newfoundland. Hole NFGC-23-1120 returne...Read More
First Majestic Silver (TSX: FR; NYSE: AG) is taking action to reduce overall costs by temporarily suspending all mining activities and reducing its workforce at the Jerritt Canyon gold mine in Nevada, effective immediately.Shares of First Majestic were down 16.1% in afterhours trading Monday on the latest development, taking the precious metals miner's market value to US$2 billion in New York.The...Read More
New figures showing more than twice the potential gold in Thor Explorations' (TSXV: THX; LSE: THX) Douta project in Senegal means "greater confidence" it will be the company's second mine in West Africa, analysts said. Douta holds an indicated resource of 20.2 million tonnes grading 1.3 gram gold per tonne for 874,900 oz. contained metal and an inferred resource of 24.1 million tonnes grading 1...Read More
Golden Minerals Co. (TSX: AUMN; NYSE-AM: AUMN), has released an initial resource estimate for its Yoquivo silver-gold project, in northwest Chihuahua state, Mexico. The project hosts an inferred resource of 937,000 tonnes grading 410 grams silver per tonne and 2.1 grams gold for 12.3 million oz. of contained silver and 64,000 oz. of contained gold."We are very pleased to announce the first minera...Read More
The Canadian Mining Hall of Fame has issued its 2024 call for Nominations. Each year, the CMHF reaches out through its network in search of outstanding individuals for consideration by the board for induction into the Canadian Mining Hall of Fame.Through their leadership and achievements, individual nominees must have shaped Canada's global leadership in mining, embodied the important role mining...Read More
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of US$596 million.Most of the projects, or 39 of them, focus on copper mining and represent an investment of US$284 million. The red metal is followed by gold, with 18 projects and an investment of $220 million. Zinc occupi...Read More