Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…
Precious Metals
Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Costco adds platinum bars to precious metals offering
Costco is expanding its line of precious metals products with the addition of one-ounce platinum bars on top of its popular gold bars. The platinum bars — made by Swiss…
Video: Liberty Gold expects Black Pine prefeasibility to boost gold ounces
Liberty Gold (TSX: LGD) plans to release a prefeasibility study for its Black Pine gold project in southern Idaho in weeks, president and chief operating officer Jon Gilligan said in…
Rio2 gets lift on permits for Fenix gold mine in Chile
Rio2 (TSXV: RIO; US-OTC: RIOFF) shares traded as much as 11¢ or 17.7% higher today after it said it’s received the final permits needed to begin construction at its Fenix…
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal Mining, after issuing a 60-day…
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…
Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move that it says will help…
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…
Teck steps into Ring of Fire with Canterra option
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) has made its first step into Ontario’s Ring of Fire. The Vancouver-based major has entered into an option agreement with Canterra Minerals…
Barrick negotiates with Mali junta as it arrests four
Barrick Gold (TSX: ABX; NYSE: GOLD) said it was negotiating financial terms with the Malian government after authorities arrested four employees of its Loulo-Gounkoto mine. “Details of the agreement, based in…
Quebec snapshot: Eight companies seeking gold, base metals, lithium and more
Quebec has a rich mining history and prospective geology for precious and base metals, critical minerals and more. Just as important, the provincial government offers an array of incentives to…