US markets edge lower, July 20-24
The Dow Jones Industrial Average fell 0.76% to 26,469.89 and the S&P 500 fell 0.28% to 3,215.63. Spot gold jumped US$91 per oz., or 5.03%, to finish the July 20-24…
Articles by Trish Saywell
Nighthawk adds to resource estimates at Indin Lake
Nighthawk Gold (TSX: NHK; US-OTC: NIMZF) has released an updated resource estimate for its Colomac gold deposits as well as a maiden underground resource for the Damoti deposit, 28 km…
US Mint limits gold, silver coin sales
The U.S. Mint has reduced the supply of gold and silver coins to third-party distributors as the coronavirus pandemic slows down the production of coin currency. The Mint’s New York-based…
Rio Tinto sees promise at Winu copper-gold project in Australia
Rio Tinto (NYSE: RIO; LSE: RIO) says it has made a “promising” discovery in Western Australia, 2 km east of its Winu copper-gold project, which is on track to begin…
Gold price hits record high as US dollar drops
Gold continued its upward climb today and made history by touching record prices as worries over the coronavirus pandemic and intensifying U.S.-China tensions weighed on investor sentiment. Spot gold surged…
Chile’s Maricunga belt set to revive country’s gold industry
A wave of new mines in the pipeline on Chile’s Maricunga gold belt are advancing towards construction just as the price of the precious metal hits its highest level in…
ETFs drive gold price in Q2 as physical demand falls: Refinitiv
As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming…
Golden Star sells stake in Bogoso-Prestea gold mine
Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million…
Iamgold resumes operations at Rosebel after coronavirus outbreak
Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down…
Pentagon contracts Lynas to design rare earths facility in Texas
Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas. The facility…
Teranga Gold says Senegal mine a ‘top tier’ asset
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a “top tier mine” asset, the company says….
Canada Nickel aims for zero-carbon emissions at Crawford
On Tesla’s second quarter conference call last week, Elon Musk entreated the industry to: “Please mine more nickel – Tesla will give you a giant contract for a long period…