Macro Threats to Critical Metals, New Orleans Recap, and Streamlining Your Strategies!
Macro threats to Critical metals, etc.; New Orleans wrap-up; Trim your Sails! Greetings, Investors! The U.S.G.S. has unveiled its updated list of critical minerals as you see below; and the press releases have been flying out of mining company offices! Silver, copper, uranium, phosphate and more additions have folks cheering…and believing that substantive and economically […]
SSR Mining Extends Colorado Gold Mine’s Lifespan by 12 Years
A view of the Cripple Creek & Victor (CC&V) gold mine in Colorado. Credit: Newmont. SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected life. CC&V’s mineral reserves are now estimated at about 2.8 […]
Rising Gold Prices Mask China’s Deflationary Struggles for the Time Being
Jewelleries on display at Luk Fook Jewellery store in Hong Kong. Stock image. Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures. Core inflation last month saw its fastest increase in almost two years, unexpectedly helping the […]
Column: Gold Price Surge Appears Significant, Yet Ranks Third in the Past 50 Years
Stock image. Gold’s recent retreat from a record high has led to questions as to whether the precious metal has run out of steam and is due for an extended period of sideways trading, as has happened in the past. It’s certainly the case over the last 50 years that whenever gold has enjoyed a […]
I-80 Gold Resource Puts Nevada’s FAD Project Up for Sale
I-80 Gold’s Ruby Hill open pit development project is part of its Nevada-focused mid-tier strategy. Credit: I-80 Gold I-80 Gold (TSX: IAU; NYSE-A: IAUX) has released a new high-grade polymetallic resource at its FAD project in Nevada to help sell the non-core asset. The resource totals 594,000 indicated tonnes grading 4.51 grams per tonne gold, […]
Gold Prices Recover Weekly Loss as US Rate Cut Probabilities Rise
Gold prices advanced on Friday to recover from a weekly loss, as traders weigh their outlook on US monetary policy following the release of private sector jobs data. Spot gold rose almost 0.5% to $3,995 an ounce by midday, having briefly touched the $4,000 level earlier. US gold futures saw similar gains, trading at just […]
Silicon Metals Corp. Declares Grant of Stock Options
Silicon Metals Corp. Announces Stock Option Grant Silicon Metals Corp. (CSE:SI) has granted 3,500,000 stock options to directors, officers, and consultants for the purchase of common shares at $0.075 each, exercisable over five years with immediate vesting and a four-month hold period. The company, focused on exploration in British Columbia and Ontario, owns the Maple […]
Leading Candidate in Peru Promises to Revoke Essential Mining Industry Rights
A conservative presidential hopeful in Peru is vowing a major change in policy representing the key mining industry’s biggest fear: to revoke key exploration permits for idle projects and redistribute them. The proposal is the bane of global mining corporations that operate in Peru since they increasingly battle for control of mineral-rich territory with informal […]
Silicon Metals Finishes Initial Assessment Surveys at Longworth and Silica Ridge Projects in British Columbia
Silicon Metals Completes Initial Assessment Surveys at Longworth and Silica Ridge Projects in BC Silicon Metals Corp. has completed an initial assessment survey of its Longworth and Silica Ridge silica projects in British Columbia. At Silica Ridge, 27 rock samples were collected, while 13 samples were taken from Longworth, both areas known for high SiO₂ […]
Aya Evaluates Boumadine Project in Morocco at $3 Billion
The Boumadine project in eastern Morocco. Credit: Aya Gold & Silver Canada’s Aya Gold & Silver (TSX: AYA) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year to recoup its investment if gold prices remain elevated. At spot gold prices of $4,000 an […]