Marathon shares surge 18% on Newfoundland drilling
Toronto junior bulks up deposit at central Newfoundland project – best intercept 2.1 g/t gold over 68.3m true width including 10.6 g/t over 3.3m.
Latest Stories
Surprise natural gas drawdown signals higher prices ahead
The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.
Investors cheer Sprott, Osisko, Barkerville deal
Osisko buys 17% of Vancouver gold explorer from company controlled by Eric Sprott for $40m in cash and shares.
Ontario Steel goes after US Steel Canada
U.S. Steel Canada —formerly known as Stelco — has been operating under bankruptcy protection since 2014.
Diamond production down, sales volume up
According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.
Gold futures come back to the London Metal Exchange
The LME’s previous attempt at trading gold lasted only three years .
Taseko may look into Gibraltar copper mine expansion after new claims acquisition
The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.
The last known gold deposit
Unlike fiat money, of which we can always print more, there’s only so much recoverable gold in the world. And despite the best efforts of alchemists, we can’t recreate its unique chemistry in a lab. The only way for us to acquire more is to dig.
Manila targets gold miners in latest crackdown
Could shut down 60% of Philippines output – Asia's number three gold producer.