KORE Mining (TSXV: KORE) on Friday announced a non-brokered private placement of C$3 million consisting of 6.66 million shares at a price of C$0.45 per share.
News ID: 9434 Publish Date : 2020/05/09
Barrick Gold has cut its 2020 production guidance after encountering conflict last month with the government of Papua New Guinea over the Porgera gold mine.
News ID: 9394 Publish Date : 2020/05/08
According to a recent report, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has bagged the 2020 Gold Medal Health and Safety Award from the Royal Society for the Prevention of Accidents (RoSPA) for the seventh year in a row.
News ID: 9126 Publish Date : 2020/04/13
Around 8.5 million tons of gold were extracted from Iranian mines during the last fiscal year that ended on March 19, 2020, according to the head of Iran's Mine House.
News ID: 9113 Publish Date : 2020/04/11
The U.S. Federal Reserve continues to throw more money in to the U.S. financial system to support the sputtering economy.
News ID: 9101 Publish Date : 2020/04/09
Money managers trimmed their net-bullish positioning in gold futures modestly – but hiked the silver one – during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
News ID: 9051 Publish Date : 2020/04/06
Gold is higher on a morning when the market is again drawing safe-haven buyers, said George Gero, managing director with RBC Wealth Management. He pointed out that holdings of the metal by exchange-traded funds have been rising lately.
News ID: 9020 Publish Date : 2020/04/01
Exchange-traded-fund holdings of platinum have fallen sharply this month, while holdings of gold keep rising, Commerzbank said. After big inflows last week, holdings in gold ETFs tracked by Bloomberg increased by another 16 metric tons Monday, putting them above 90 million ounces or over 2,800 tons for the first time, the bank pointed out.
News ID: 8995 Publish Date : 2020/03/31
China’s aggressive efforts to expand its 5G wireless network bode well for silver demand, said BMO Capital Markets.
News ID: 8982 Publish Date : 2020/03/30
Barrick Gold (TSX: ABX) (NYSE: GOLD), the world’s second largest gold miner, has unveiled a 10-year production plan aimed at becoming the most valued bullion company.
News ID: 8908 Publish Date : 2020/03/26
Fortuna Silver (NYSE: FSM, TSX: FVI) announced on Thursday that the blockade of the roads in the municipality of San José del Progreso which prevented access to the San Jose Mine has been lifted.
News ID: 8905 Publish Date : 2020/03/26
Around the world, central banks and supranational organizations – such as the International Monetary Fund and the Bank of International Settlements – currently hold nearly 34,000 tonnes of gold as reserve assets, the World Gold Council reported in a market primer on Thursday.
News ID: 8904 Publish Date : 2020/03/27
Trevali Mining (TSX:TV) has temporarily stopped production at its Caribou zinc-lead-silver mine in Canada’s New Brunswick province as challenges presented by the spread of covid-19 have added to woes posed by weak conditions in the zinc market.
News ID: 8902 Publish Date : 2020/03/26
A South African refinery has stopped shipping gold to London because of a lack of commercial flights, adding to the disruption that’s upending the physical bullion market.
News ID: 8900 Publish Date : 2020/03/26
Petra Diamonds (LON:PDL) has had to halt its production outlook for fiscal 2020 as it is closing its mines in South Africa for a mandatory 21-day lockdown aimed at tackling the worsening coronavirus pandemic.
News ID: 8897 Publish Date : 2020/03/28
The London Bullion Market Association (LBMA) said on Friday there was more than enough gold refining capacity in the world to meet demand and that refiners, shippers and banks were working to make sure metal could be transported.
News ID: 8895 Publish Date : 2020/03/28
Gold suppliers are in talks to use chartered or cargo flights to transport the precious metal, which usually moves around the world in commercial planes and has been left stranded as global travel grinds to a halt.
News ID: 8887 Publish Date : 2020/03/28
A research paper published in Physical Review Letters reveals that gold can stand up to the strain of the next-generation data processing in electronic devices.
News ID: 8884 Publish Date : 2020/03/30
Holdings of gold by exchange-traded funds jumped by a “huge” amount Thursday – 2.6 million ounces, and inflows may well continue, said BMOCapital Markets.
News ID: 8792 Publish Date : 2020/03/20
Gold pared early losses after Labor Department data Thursday said that initial weekly U.S. jobless claims soared by 70,000 to a seasonally adjusted 281,000 in the week to Saturday due to the COVID-19 virus. Spot gold was last down $13.40 to $1,472.70 an ounce.
News ID: 8791 Publish Date : 2020/03/19
