Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the majority of analysts expected. Gold…
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the majority of analysts expected. Gold…
An updated preliminary economic assessment (PEA) for Magna Mining’s (TSXV: NICU; US-OTC: MGMNF) Crean Hill project near Sudbury, Ont. bumps its internal rate of return more than five times to…
Tribal warfare near Barrick Gold‘s (TSX: ABX: NYSE: GOLD) 49%-owned Porgera gold mine in Papua New Guinea has escalated into a violent shootout that’s killed at least 20 people and…
The forced receivership of Victoria Gold has exposed a troubling pattern of mismanagement and double standards by the Yukon government. The government’s initial emphasis on urgency and environmental concerns seems…
In recent years, gold discoveries around the world have become more scarce and smaller in size, dampening the outlook for future supply of the metal, according to the latest analysis…
Gowest Gold (TSXV: GWA) is about to go private after the Ontario Superior Court of Justice approved a plan for shareholders to buy the company’s remaining shares. Under the plan,…
The Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) says the province has agreed to accept the remaining $38.7 million of a bond by the end of the month for cleaning…
Wheaton Precious Metals (TSE: WPM) and Foresight Canada are launching the Future of Mining challenge, offering a US$1-million prize for groundbreaking technology. The competition, which is open to cleantech companies from…
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week even as many gold equities…
A shower of confetti and an electronic bell ring at the Toronto Stock Exchange Friday morning welcomed Westgold Resources (ASX: WGX; US-OTC: WGXRF; TSX: WGX) as its newest listed company. The $2.4-billion…
Beaver Creek, Colo. – Fury Gold Mines (TSX: FURY; NYSE: FURY) CEO Tim Clark says the market is undervaluing the company’s portfolio despite delivering a resource expansion and recent exploration…
B2Gold (TSX: BTO; NYSE-A: BTG) has reached agreement with the government of Mali to resolve all issues surrounding the Fekola mine complex and related projects in light of the application…
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