Despite gold drop JPMorgan sees $6,300 this year
JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an oz. amid a broader shift towards hard assets. In a note published…
Silver
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Vizsla says kidnapping halts Panuco project in Mexico
Canadian mine developer Vizsla Silver (TSX, NYSE: VZLA) suspended some work on its flagship Panuco silver-gold project in Mexico’s Sinaloa State after 10 people were taken from the site. The…
American Eagle drills long 0.6% copper at NAK in BC
Canadian explorer American Eagle Gold (TSX-V: AE; US-OTC: AMEGF) says new drilling at its polymetallic NAK project in British Columbia has enlarged a discovery zone that could serve as the…
Mining industry rates Chile’s critical mineral plan
Industry responses to Chile’s new National Critical Minerals Strategy ranged from supportive to skeptical as officials shift the country’s traditional reliance on copper towards a broader mix of resources aligned with…
B.C. hands Skeena key Eskay Creek permit
Skeena Gold & Silver (TSX: SKE; NYSE: SKE) has picked up a provincial permit for its Eskay Creek gold-silver redevelopment in northwest British Columbia, moving one of Canada’s most closely…
Bolivia’s lithium gamble tests new US alignment
Bolivia’s political trajectory shifted in November when President Rodrigo Paz took office, signalling a turn towards closer ties with the United States after two decades of Socialist Party rule. Paz’s…
Sibanye hits new high on BlackRock, gold price boosts
The world’s largest asset management firm has lifted its stake in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) above the 5% threshold, sending the South African miner’s shares to an all-time high….
Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
Rio2 pours first gold at Fenix mine in Chile
Canada’s Rio2 (TSX-V: RIO) has achieved first gold production at its Fenix gold mine in Chile, marking the transition from construction to Chile’s newest gold mine. The first official gold…
BC adds cash to boost falling minerals claims
British Columbia has committed an additional $3 million to bolster mineral claims after reporting the amount of new staking fell 29% last year. Under the initiative, which was announced on…
Silver breaks $100 as gold nears $5,000
Silver sold for more than $100 an oz. for the first time on Friday amid surging demand for haven assets and strong buying in retail markets from Shanghai to New…