Recent News

Gold Seeker Report: This Week in Mining Issue #6 -- Temporarily Suspended Mining Operations

March 29, 2020 / news.goldseek.com

Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended March-27, 2020$AEM $AGI $BTC $CXB.TO $CG.TO $EGO $EDV.TO $EQX $FSM $HL $IAG $HL $LUG.TO $MUX $OGC.TO $PAAS $SSRM Due to government mandated shutdowns of select businesses and in this case, mining, in response to the COVID-19 outbreak, there has been rather limited news flow except that related to temporarily suspending min...Read More

Gold's Gone Wild!

March 30, 2020 / marketsanity.com

You better buy gold now before it's too late.Continue...Read More

JPMorgan Reaped $100 Million as China Squeezed Niche #Nickel Market

March 11, 2020 / www.bloombergquint.com

JPMorgan Reaped $100 Million as China Squeezed Niche Nickel MarketRead full newsRead More

Explorers reduce activity over coronavirus threat

March 18, 2020 / www.northernminer.com

With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent the potential spread of the virus. At this time, these measures do not appear to have a major impact on project timelines for two pre-production companies focused on Eastern...Read More

Global #nickel production to decline significantly in 2020 - Fitch Solutions

March 07, 2020 / m.miningweekly.com

Research agency Fitch Solutions expects global nickel production to decrease significantly over the course of this year, as major producer Indonesia's nickel ore export ban comes into effect. The ban in Indonesia was announced in September 2019, bringing it forward to go into effect from January this year instead of January 2022.Read full newsRead More

Is Newmont-Goldcorp Set To Dominate The Gold Industry By 2025?

March 11, 2020 / dlvr.it

Gold has been one of the best performing commodities in over a year, with the global gold price rising from close to $1,300 per ounce in the beginning of 2019 to about $1,630 per ounce in February 2020. The rise in price in 2019 was led by rising trade tension between US-China...Read full newsRead More

Barrick completes Massawa- Sabodala combination

March 04, 2020 / www.mining.com

The Massawa gold project (pictured) is 20 km away from Teranga's flagship Sabodala mine, in Senegal. (Image from archives via Randgold Resources.) Barrick Gold (NYSE:GOLD, TSX:ABX) has completed the recently announced transaction of combining its Massawa gold project in Senegal with Teranga Gold's (TSX:TGZ) Sabodala gold mine. Barrick and its Senegalese partner held a 90% interest in the Massawa...Read More

Newcrest closes $60m sale of Gosowong mine in Indonesia

March 04, 2020 / www.mining.com

Gosowong gold mine, Indonesia. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is payable in 18 months. NSH owns 75% of PT Nusa Halmahera Minerals (PT NHM), which operates the Gosowon...Read More

PDAC attendance shrinks 10%, impacted by coronavirus

March 04, 2020 / www.mining.com

PDAC 2020 (Credit: PDAC) Attendance at the 88th Prospectors & Developers Association of Canada (PDAC) 2020 Convention totaled 23,144, 10,4% less than in 2019, as the conference was impacted by the coronavirus outbreak.In 2019, PDAC hosted 25,843 attendees. The annual PDAC Convention in Toronto is the world's premier industry event, bringing together investors, analysts, mining executives, geolog...Read More

Teck decision to cancel Frontier rattles investor confidence, critics say

February 26, 2020 / www.northernminer.com

The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada's oil and gas industry, says an industry analyst."Our conversations with institutional investors had begun to put 'regulatory hurdles' lower on the list of concerns when looking at the Canadian energy sector," said...Read More

Rio Tinto to spend US$1B to reach zero emissions

February 26, 2020 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but some analysts say the announcement is a minor step towards helping the mining industry achieve climate goals.Delivering full-year results for 2019, in which the company recorded its highest profit in eight years, CEO Jean-S?(C)bastien...Read More

Rio Tinto to start producing copper at Winu in 2023

February 27, 2020 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023.The world's No. 2 miner continues drilling and geophysical testing at the asset, which could be its next major copper project, and is progressing discussions with land owners to keep moving forward.Chief executive officer Jean-S?(C)bastien Jacque...Read More

Jordan Roy-Byrne: Massive Reversal in Precious Metals but Fundamentals Improving

March 01, 2020 / marketsanity.com

To underscore the volatility of this past week, consider the price action in Silver. Silver, days ago, had a chance to make its highest monthly Continue...Read More

David Hottman, CEO of Orestone Mining Presents the Resguardo Project and Upcoming Financing

February 21, 2020 / www.youtube.com

At the second Resource Maven Financing Opportunities conference on February 13, 2020, CEO David Hottman of Orestone Mining presents the tight share structure and an exciting upcoming financing opportunity. -------------------------------------------------------------------------------------------------------------------------- About the conference: At the start of a new gold bull market, experienc...Read More

Indonesia expects delay to $11 bln #nickel projects due to coronavirus outbreak -minister | Article [AMP] | Reuters

February 25, 2020 / www.reuters.com

Indonesia's coordinating minister overseeing maritime resources and investm...Read full newsRead More

Silver is not acting like a safe-haven; price beaten down over 5% Tuesday despite coronavirus pandemic

February 26, 2020 / marketsanity.com

Silver is no longer acting like a safe-haven asset, at least not this week. The market is trading the metal more like an industrial metal this week.Continue...Read More

China's January #nickel production was down 17% YoY. On the backdrop of the epidemic, smelters in Gansu and Xinjian...

February 18, 2020 / twitter.com

"China's January #nickel production was down 17% YoY. On the backdrop of the epidemic, smelters in Gansu and Xinjiang are operating as previously planned, while those in Shandong and Tianjin have swung to low gear and those in other regions remain closed https://t.co/bTSGhsAd0X"Read full newsRead More

A Look At Skeena Resources

October 25, 2021 / www.juniorminers.com

Gold saw a slight rally in the first month of 2020 going from $1520 to breifly go past $1600 on the Iran issue, then leveling off in the upper $1,500 range. Silver is pretty much unchanged however platinum and palladium both showed great gains in the first month of the year. Most miners and explorers have showed little reaction to this price movement. Infact although gold is at historic highs in a...Read More

Deficit should keep palladium price on the boil

February 22, 2020 / www.mining.com

Rally car (Credit: Pixabay) Prices for March palladium went 1.18% up in late afternoon on Friday as the metal was trading at $2,634 an ounce on the Comex market in New York. Earlier in the week, palladium futures for March delivery climbed 7.8% at $2,497.60 an ounce on the New York Mercantile Exchange on Wednesday and prices kept rising after the market closed, touching $2,504.50, the highest in...Read More

Rio Tinto downgraded on coronavirus

February 12, 2020 / www.mining-journal.com

"We think it is still early days for this virus and the potential implications," RBC said overnight.Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok