Precious Metals

Tags - Precious Metals
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
News ID: 3146   Publish Date : 2019/01/03

Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S.
News ID: 3129   Publish Date : 2019/01/01

Gold is closing out 2018 with a flourish. Prices are poised for the biggest monthly gain in almost two years as concerns about next year’s economic outlook, volatility in global equities and a government shutdown in the U.S. spur demand for the metal as a haven.
News ID: 3114   Publish Date : 2018/12/30

Vancouver-based juniors Defiance Silver Corp. (TSXV: DEF) and ValOro Resources Inc. (TSXV: VRO) stocks soared today, following yesterday’s friendly merger announcement.
News ID: 3106   Publish Date : 2018/12/29

Gold is soaring, set for the biggest monthly gain in almost two years after the partial U.S. government shutdown and concerns about the 2019 economic outlook stoked demand for the metal as a haven.
News ID: 3088   Publish Date : 2018/12/27

Globally, there were 1,349 announced mining deals valued at $86.3 billion through December 18 this year, up 60% from the 2017 total, according to data compiled by Bloomberg.
News ID: 3072   Publish Date : 2018/12/25

As financial anxieties heighten, investors have poured about $1.56 billion into exchange-traded funds backing precious metals over the past month, the biggest inflows among commodity ETFs. Open interest for gold futures is also on the rise.
News ID: 3071   Publish Date : 2018/12/25

Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.
News ID: 3036   Publish Date : 2018/12/22

Australia’s Lucapa Diamond (ASX:LOM) has locked in 100 million rand (about $7m) in development funding from South Africa’s Industrial Development Corporation (IDC) for its 70%-owned Mothae diamond plant, in Lesotho.
News ID: 3035   Publish Date : 2018/12/22

Scotgold Resources (LON: SGZ), the company aiming at opening Scotland’s first commercial gold and silver mine, said Wednesday that it was ready is to start rock-breaking in the new year after receiving the green light.
News ID: 3009   Publish Date : 2018/12/20

It was a great year for Africa-focused Gem Diamonds (LON:GEMD), as the company recovered a record number of huge precious stones from its flagship Letšeng mine in Lesotho.
News ID: 3008   Publish Date : 2018/12/20

Australia’s largest gold producer, Newcrest Mining (ASX: NCM) has upped its holdings in Ecuador-focused explorer SolGold (LON, TSX:SOLG), which is developing the Cascabel copper-gold project in the country’s north.
News ID: 2985   Publish Date : 2018/12/19

Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold’s (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island’s Hauraki district.
News ID: 2950   Publish Date : 2018/12/17

Wheaton Precious Metals’ (TSE: WPM) shares surged over 14% Friday, following the company’s announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.
News ID: 2917   Publish Date : 2018/12/15

Canada's Dominion Diamond Mines and Rio Tinto shocked the market on Friday by unveiling what is believed to be the largest diamond ever found in North America, measuring in about the size of a chicken-egg.
News ID: 2916   Publish Date : 2018/12/15

Canada’s IAMGOLD Corp. (TSX IMG), (NYSE: IAG) is working on expanding its footprint in Burkina Faso, West Africa, where it already operates its Essakane mine, in production since 2010.
News ID: 2908   Publish Date : 2018/12/13

Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile’s geological gold potential by closing two deals with exploration juniors in the South American country, the world’s top copper producer.
News ID: 2898   Publish Date : 2018/12/12

Researchers from Chalmers University of Technology, the University of Gothenburg, the University of Jyväskylä, and Stanford University have found a way to make the surface of a gold object melt at room temperature.
News ID: 2873   Publish Date : 2018/12/10

The Turquoise Ridge underground mine is seen by the new Barrick as one of the assets with "high potential" to become Tier 1. Barrick is the operator and 75% owner of the Nevada-based mine. Newmont Mining owns the remaining 25%. (Image courtesy of Barrick Gold.)
News ID: 2834   Publish Date : 2018/12/07

Shares in Condor Gold (LON:CNR) climbed over 10% Friday after it announced the Nicaraguan ministry of energy and mines had granted it the Las Cruces concession, which expands its La India gold project package by 45%.
News ID: 2833   Publish Date : 2018/12/07