Kopy Goldfields
Kopy Goldfields is a Sweden-based mining company that specializes in gold and silver exploration and development. It was established in 2007 and is headquartered in Stockholm, Sweden. The company’s operations are centered in the Lena Goldfields area in the Irkutsk region of Russia. In 2020, Kopy Goldfields underwent a significant transformation through a merger with […]
Metals Daily (24-May-2021): Sell-off in Bitcoin embellishing gold’s role as a safe-haven
Source: Trading Economics A concise summary of what’s moving markets, the impact on base, precious and ferrous markets, including Theme of the Day. What’s moving markets? Global equities end last week lower in volatile trading marked by the Fed signalling it would discuss winding down its crisis-era support. The Fed published minutes of its latest […]
Caldas Gold to become Aris Gold; proposes new all-star board
Caldas Gold is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name – Aris Gold. Once the financing is completed, the expansion of Caldas Gold’s Marmato mine in Colombia will be fully financed, with construction expected […]
Pure Gold Mining project video vividly highlights scale of potential at its Red Lake development as first production nears
Pure Gold Mining Inc (CVE:PGM) (LON:PUR) has released a corporate video which vividly highlights the excitement surrounding its PureGold mine project in Ontario. The Toronto and London-listed firm has defined over 2 million ounces of gold in less than five years at the project and believes it has only just “scratched the surface”. The company is building […]
Price weakness in gold, silver, as risk appetite up
Gold futures prices are moderately down in early U.S. trading Monday. Both metals are seeing some pressure from better risk appetite in the marketplace to start the trading week. A lower U.S. dollar index that fell to a seven-week low overnight is limiting the downside for the metals. December gold futures were last down $7.50 at […]
Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue
JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing and financing precious metals, vastly outperforming rival banks, two sources familiar with the matter told Reuters. The coronavirus has created a bonanza for investment banks dealing in gold, silver and other precious metals by triggering massive investor purchases and […]
Gold prices tumble over 2% as vaccine progress slams precious metals
Gold futures turned sharply lower Monday as investors unloaded the metal amid news on prospective vaccines and treatments for COVID-19 that may be momentarily undercutting demand for precious metals. Drugmaker AstraZeneca said a study found the vaccine it is developing with the University of Oxford was up to 90% effective, with that news coming after Pfizer and its […]
Endurance Gold Reports Commencement of Drilling at the Reliance Gold Property
VANCOUVER, BC / ACCESSWIRE / November 23, 2020 / Endurance Gold Corporation (TSXV:EDG) (the “Company“)is pleased to report the commencement of a reverse circulation (RC) drill program on the Reliance Gold Property (the “Property“) in southern British Columbia. The Property is located 4 kilometres (“km“) east of the village of Gold Bridge with year-round road access, and 10 […]
Gold Mining Announces Alan Hair and Ken Robertson Appointed to Gold Royalty Corp. Board
VANCOUVER, BC, Nov. 23, 2020 /CNW/ – GoldMining Inc. (the “Company” or “GoldMining“) (TSX: GOLD) (NYSE American: GLDG) is pleased to announce the appointment of Alan Hair and Ken Robertson to the Board of Directors of its subsidiary, Gold Royalty Corp. (“Gold Royalty”). David Garofalo, Chairman and CEO of Gold Royalty, commented: “We are delighted to welcome these two seasoned mining executives to our […]
LatAm gold mining sector poised for M&A pick-up
Latin America’s gold mining space is well placed for a pick-up in M&A activity despite potential barriers posed by COVID-19 and high metal prices, according to analysts. Deals targeting Latin American assets have slowed in 2020, in part as a result in difficulties completing due diligence under pandemic-related travel restrictions. BNamericas lists seven significant deals, details of […]