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Administrator says Alexkor, partner is mismanaged and insolvent

DIAMONDS / Marleny Arnoldi

Alexkor’s administrator Lloyd McPatie has said the diamond mining company is trading recklessly and cannot meet its financial obligations.

Briefing the Portfolio Committee on Public Enterprises and the Select Committee on Public Enterprises and Commun…

Administrator says Alexkor, partner is mismanaged and insolvent Read More »

Antler Gold Announces the Identification of High Priority Exploration Targets on Its Central Erongo Gold Project, Karibib Region, Namibia

Resources / Resource World

Antler Gold Inc. [ANTL:TSXV], is pleased to announce the delineation of seven high priority targets…

Antler Gold Announces the Identification of High Priority Exploration Targets on Its Central Erongo Gold Project, Karibib Region, Namibia Read More »

Quaterra’s Groundhog prospect in Alaska may be similar to massive Pebble project – report

Mining.com / Valentina Ruiz Leotaud

An independent report states that the Groundhog prospect hosts mineralization similar to that in Northern Dynasty’s Pebble project.

Quaterra’s Groundhog prospect in Alaska may be similar to massive Pebble project – report Read More »

Seabridge Gold completes acquisition of 3 Aces gold project

Mining.com / Valentina Ruiz Leotaud

The Toronto-based miner sealed the deal with Golden Predator Mining.

Seabridge Gold completes acquisition of 3 Aces gold project Read More »

Vale ordered to set aside $1.48bn for Brumadinho dam damages

Uncategorized / Reuters

A judge in Brazil’s Minas Gerais state partially granted an injunction sought by prosecutors ordering iron-ore miner Vale to deposit 7.9-billion reais ($1.48-billion) for payment of potential fines related to a dam disaster last year.

Vale faces multi…

Vale ordered to set aside $1.48bn for Brumadinho dam damages Read More »

Commerzbank: Swiss data confirm weak Asian demand but strong ETF demand for gold

Uncategorized / Kitco Newsn

(Kitco News) – Swiss trade data confirm the view that gold demand from key Asian nations remains weak but “robust” demand from exchange-traded funds is making up for this, said Commerzbank.

Commerzbank: Swiss data confirm weak Asian demand but strong ETF demand for gold Read More »

Coronavirus to exacerbate copper surplus this year and next – IWCC

Uncategorized / Reuters

The global copper market is expected to be in surplus by 285 000 t this year as a result of the coronavirus pandemic, with the overhang rising to 675 000 t in 2021, an industry body said in a report.

The forecast from the International Wrought Copper …

Coronavirus to exacerbate copper surplus this year and next – IWCC Read More »

Pandemic-induced slump in global energy investment risks locking in obsolete technologies

ENERGY INVESTMENT / Terence Creamer

The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge by $400-billion in 2020, a new International Energy Agency (IEA) report shows. Describing the slump as “unparalleled” and …

Pandemic-induced slump in global energy investment risks locking in obsolete technologies Read More »

U.S. Bank: ‘central-bank money printing should keep gold prices supported’

Uncategorized / Kitco Newsn

(Kitco News) – Gold remains in a bullish trend, with prospects for an economic recovery that will take a while and the likelihood that Federal Reserve officials will remain accommodative, said a research note from U.S. Bank Asset Management Group.

U.S. Bank: ‘central-bank money printing should keep gold prices supported’ Read More »

Verdence: will summer be volatile for equities?

Uncategorized / Kitco Newsn

(Kitco News) – There are several factors that could fuel volatility in equities this summer, said Verdence Capital Advisors. The S&P 500 has rallied in anticipation of the economy reopening from COVID-19 lockdowns.

Verdence: will summer be volatile for equities? Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
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