Shares of Hycroft Mining Holding Corp. traded 12% higher after the Nevada gold and silver mining firm reported initial drill results from its Hycroft Mine. The company commented that it has encountered multiple zones of continuous higher-grade silver that extend further than prior interpretations.Gold and silver development company Hycroft Mining Holding Corp. (HYMC:NASDAQ) today announced initia...Read More
The explorer agreed to work together with a local First Nations community as it advances its critical elements project in British Columbia, noted a Noble Capital Markets report.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) entered an agreement with the McLeod Lake Indian Band regarding metals exploration at the Wicheeda rare earth elements project, reported Noble Capital Markets analyst...Read More
Pure Gold Mining Inc. shares traded 30% higher after the company reported that during August 2022, it produced 4,595 ounces of gold at its Red Lake Greenstone Belt property. The firm additionally reaffirmed its Q3/22 estimates calling for production of 8,700-12,300 ounces of gold.Red Lake, Ont. exploration and development company Pure Gold Mining Inc. (LRTNF:OTC; PGM:TSX.V; PUR:LSE), yesterday ann...Read More
LONDON, 8 September 2022 - BullionVault's latest Gold Investor Index is featured today by French personal finance and investing news-site Capital."The rising cost of living means that private investors and savers have less money available to put aside for the future," says the report, citing BullionVault data and analysis."So, despite gold's historic appeal as the ultimate inflation hedge, interes...Read More
LONDON, 7 September 2022 - The latest Gold Investor Index data and comment from BullionVault features today at AssCompact, the specialist magazine for financial advisors and asset managers in Germany."The increased cost of living means that fewer and fewer investors are entering precious metals worldwide," says the report, citing analysis from BullionVault."New investments in gold in Germany have...Read More
LONDON, 26 August 2022 - Comment from BullionVault features today in the latest gold-price report from leading US financial news-site MarketWatch.Following US central-bank chief Jerome Powell's speech at the annual Jackson Hole symposium, "Gold initially fell hard," MarketWatch quotes BullionVault director of research Adrian Ash."[But] gold had been mirroring the Dollar this week ahead of today's...Read More
LONDON, 13 August 2022 - The Financial Times today names BullionVault as an innovative provider of access to physical precious metals for investment.Looking at so-called 'alternative' investments in fine art and other tangible assets, Adventurous Investor columnist David Stevenson says in the weekend FT's Money pages that "financial types have been figuring out how to democratise access to these q...Read More
LONDON, 9 August 2022 - National German broadsheet Handelsblatt today quotes analysis from BullionVault in a report on the outlook for gold investment prices."The strong Dollar and rising interest rates have hit the classic 'safe haven' this year," says the finance-focused newspaper. "In the medium term, however, experts expect higher prices," it goes, quoting BullionVault alongside private banker...Read More
LONDON, 28 July 2022 - Private investors in gold expect the precious metal to rise into the end of 2022 says German financial advisor and asset manager magazine AssCompact today, reporting the latest customer survey from BullionVault.With the average forecast putting the gold price at $1962 per ounce by New Year's Eve, "That would be a new record" for the annual finish, says AssCompact."Other prec...Read More
Odds are bullion dealers going to have a tough time keeping any silver in stock...by David Morgan of The Morgan ReportIs A Silver Squeeze Ahead?"Temporarily out of stock." - That's the message most hopeful physical silver buyers may be getting soon. Given the current price of silver, odds are bullion dealers going to have a tough time keeping any silver in stock.Watch this video on The NEXT Big SI...Read More
Drilling highlights included 265.75m grading 2.44 g/t gold equivalent and 326.05m grading 1.07g/t.Read More
Look beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDFormer BHP iron ore boss Jimmy Wilson started yesterday as executive director for 18 months after which he will move to a non-executive directo...Read More
The expected capital costs were contained in a definitive feasibility study (DFS) case released by the firm that would represent a 140% throughput increase from a Stage 2A expansion at the mine inRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDChina is the world's largest producer of hydrogen, but virtually all of the 33Mt it produces every year is made using coal and natural gas or comes as an industrial byproduct.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSun shines on Saturn MetalsSPONSOREDsaturn metalsEven before Russia's invasion of Ukraine, onshoring was gathering momentum, a trend viewed by many as shorthand for deglobalisation.Read More
RAPAPORT... Petra Diamonds saw a rise in earnings and announced a return to dividend payments following strong rough demand during the past fiscal year.Revenue jumped 44% to $585.2 million for the 12 months ending June 30, the miner reported Tuesday. Profit before tax and one-off extraordinary charges came to $141.9 million, compared with a loss of $18.3 million a year earlier. Net profit fel...Read More
RAPAPORT... The US jewelry industry is on track to experience modest growth this holiday season as strong economic trends are likely to offset inflationary pressure, according to Mastercard SpendingPulse.Jewelry sales will rise 2.2% year on year for the period from November 1 to December 24, the data provider predicted Monday. That would equate to a 33% increase compared to 2019, Mastercard f...Read More
(IDEX Online) - Police shot and injured a man suspected of stabbing a jewelry sales associate with a kitchen knife in Atlanta, Georgia, USA.They named him as Jose Reyes-Serrato, 27, and say the employee, who worked at Macy's department store, at the Mall of Georgia, as 55-year-old David Walker.Both men have been recovering in hospital after the incident and are expected to survive.Local polic...Read More
(IDEX Online) - Petra Diamonds today announced increased sales of $102.9m at its latest rough tender, and revealed it would reinstate dividends to shareholders on the back of a revenue hike.The UK-based miner said it sold 520,011 carats at its first tender of FY2023, down nine per cent on the previous tender in June. But an 11 per cent in prices pushed overall revenue up from $93m.Average price pe...Read More
(IDEX Online) - British actress Lily James fronts a new campaign for the Natural Diamond Council, promoting the beauty of natural diamonds.The 33-year-old Emmy-nominated star, known for roles in Pam and Tommy and Downton Abbey, has been appointed by as the council's global ambassador."It has been illuminating to discover the positive impact of the natural diamond industry across the globe and...Read More