Russian gold miner Petropavlovsk has a new major shareholder, Uzhuralzoloto Group of Companies (UGC) – a privately owned business that ranks as one of Russia’s top five gold producers.
Petropavlovsk CEO Pavel Maslovskiy says UGC president and founder …
Russian gold miner UGC invests in Petropavlovsk Read More »
Aim-listed Shanta Gold has entered into a definitive agreement to buy miner Barrick Gold’s Acacia Exploration subsidiary, which is based in Kenya.
In exchange, Barrick will become Shanta’s fifth-largest shareholder, with a 6.4% interest.
Shanta acquires Barrick’s Kenyan subsidiary Read More »
A feasibility study into the Stage 1 development of the Boorara gold project, in Western Australia, has indicated the project to be financially viable, ASX-listed Horizon Minerals said on Monday.
The openpit operation is expected to produce 159 000 t …
Horizon FS proves Boorara a hit Read More »
The ribbon has been cut at ASX-listed Big River Gold’s Borborema gold project, in Brazil.
A definitive feasibility study has estimated that the project would produce some 729 000 oz of gold over a mine life of just over ten years, producing an average…
Big Ribbon cuts Borborema ribbon Read More »
Gold climbed for a fourth straight day as investors weighed the unfolding coronavirus crisis, including a blunt warning from the head of the World Health Organization about the potential for more cases beyond China.
Prices rose as the global death tol…
Gold extends gain after WHO chief’s ‘tip of the iceberg’ warning Read More »
Rubicon Minerals Corp. [RMX-TSX; RBYCF-OTC] said Friday February 7 it has arranged to raise $6…
Rubicon raising $6 million in bought deal Read More »
Recapping the moves in precious metals this week and what could drive the near term moves
Craig Hemke joins me today to share his thoughts on the moves in gold and silver this week. Gold has…
Craig Hemke from TF Metals Report – Fri 7 Feb, 2020 Read More »
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has entered into a US$30 million credit facility led by the French financial services firm Natixis. “We were very…
Bluestone secures US$30M credit facility, appoints new CEO Read More »
An extended interview discussing the drivers in gold, silver, gold stocks, copper, and palladium
Jeff Christian, Managing Partner at the CPM Group joined me for an extended discussion what he sees driving a wide…
Jeff Christian from the CPM Group – Fri 7 Feb, 2020 Read More »
Global gold-back exchange-traded funds (ETFs) reached a new all-time high in January, at 2 947 t.
ETFs and similar products added 61 t, or net inflows of $3.1-billion in January.
Gold ETF investment continued rising in January Read More »
