Frank Holmes, CEO of U.S. Global Investors, discusses the algorithms his firm has developed for its new precious metals ETF and what types of companies look attractive right now.
Gold Mining News
Democratic Republic of Congo's government has formally requested financial support from international donors as it confronts a worsening economic crisis, a letter seen by Reuters on Thursday showed.
Thibaut Lepouttre of Caesars Report profiles the newest company trying to define a multimillion-ounce gold deposit in British Columbia.
While major global companies are part of Ghana’s mining sector, illegal gold extraction is a chronic issue in the country and deadly accidents are frequent.
The Canadian miner said it will take “all legal steps possible” after the country’s Supreme Court suspended the mining licence for its flagship Escobal silver mine.
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
A new Clean Energy Canada report suggests Canada’s mining sector stands to benefit from the clean-energy transition.
Investors were awaiting the release of minutes from the US Federal Reserve’s June meeting, due Wednesday afternoon shortly after gold futures settle.
President John Magufuli has also ordered the mining ministry to freeze the renewal of expired permits.
South Sudan doesn’t officially export gold, but experts consider it the world’s most promising frontier exploration destination.
Oreninc Index fells as gold slide continues.
The markets are heading higher, says Tom Beck, founder of Portfolio Wealth Global, who explains why and discusses the actions that he is taking.
It appears the US Dollar has bottomed following an intermediate degree correction.
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.
The two new laws allow the government to force mining and energy companies to renegotiate their contracts.
The company also evacuated all of its employees at Namoya mine after trucks belonging to a contractor were caught in crossfire between soldiers and a local self-defence militia.
Only five out of the 19 illegal workers believed to have been at the pit when the accident happened have been rescued since Sunday.
Two of them are foreign firms.
Spot gold ended in June its longest run of monthly gains since 2010.
Total fund raises announced fell to C$97.1 million, a four-week low, which included two brokered financings for a total of C$65.0 million, a four-week low.
Australia's Northern Territory will soon be producing gold again thanks to Emmerson Resources (ASX:ERM), which is advancing the Edna Beryl gold mine along with Australian gold producer Evolution Mining (ASX:EVN).
U.S. Mint American Eagle gold coin sales in the first half of 2017 were the lowest for this period in a decade, while sales of silver in the period were the weakest since 2008, government data showed on Friday.
We often hear about ‘peak gold’, i.e. the maximum level of the global production of the yellow metal.
With gold production progressing better than expected, this miner has revised its guidance for FY/17.