Gold
Agnico Eagle shifts focus on Quebec gold project
Agnico Eagle Mines Ltd. sees continued potential in Quebec's prolific northern mining belt as the company invests C $ 6.2 million in a junior mining company. On Thursday, the world's seventh largest gold producer by market capitalization announced a …
Yamana Gold is raising dividends
Canadian mining company Yamana Gold said Thursday that it would increase its dividend by 50% to $ 0.105 as it raised its 2020 production forecast and that the proposed secondary listing on the London Stock Exchange would take place on October 13th. Yamana, …
The CEO of Barrick eyes larger engagement in Africa
Barrick's CEO Mark Bristow reiterated his call for more consolidation in the African gold market. The average lifespan of mines in the entire gold mining sector has fallen from 20 years to more than 10 years. Speaking at the Joburg Indaba mining conference, …
This Nevada Gold Explorer is Gearing Up for a Major Discovery
People keep asking me why I love Titan Mining (TSX:TI) so much, so I will try to shed some light on that in this post... Titan Mining saw a nice bump last week, up from $0.70 to $0.81, and I expect this upward momentum will continue into the coming weeks as …
Skeena Resources takes over remaining stakes of Eskay Creek Project
Skeena Resources Ltd. \\\[SKE-TSXV; SKREF-OTCQX; RXFB-FSE\\\] said Monday, October 5, that it now owns 100% of the Eskay Creek gold-silver project in the Golden Triangle region of northwest British Columbia, following a previously announced transaction with …
Caldas Gold Shares gain strongly after news release
Caldas Gold Corp. \\\[CGC-TSXV; ALLXF-OTCQX\\\] has completed an Updated Mineral Resource Estimate (MRE) for its 100% owned Juby Gold Project, which is compliant with NI 43-101 standards and effective July 14, 2020. The project is located in northeastern …
Is Gold preparing for a second rally this year
Just before the COVID-19 market crash hit near February 25, 2020, gold began a double dip after hitting $ 1,692 on February 24. Gold initially fell from $ 1,692 to $ 1,564 and then rebounded to new highs ($ 1,704.50) on March 10, 2020. Then, as lower COVID-19 …
Polyus takes over 100% of large pre-stage gold project
Russia's largest gold producer, PJSC Polyus (LSE: PLZL), announced Wednesday that it will be buying up the license holder for the Sukhoi Log deposit, SL Gold Limited, for approximately $ 128.2 million. Polyus' stake in Sukhoi Log will increase from 78% to …
Deutsche Bank Traders entangled in gold price manipulation scandal
In an effort to clean up trading activity in the precious metals markets, the US authorities won an important victory on Friday after two former employees of Deutsche Bank traders were found guilty of manipulating gold and silver prices. On Friday, a federal …
Most of the gold used in refiners is recycled gold
Less than half of the gold processed by major refiners in 2018 came from major industrial mines, the London Bullion Market Association said Tuesday, releasing data that for the first time reveals the origins of the gold bars passing through their system. The …