Barrick Gold denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX) (NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum (TSX: FM) representatives in Panama last week, to discuss a potential takeover of the troubled copper miner. The Globe and Mail reported on Thursday that Juana Barceló, president […]
Gladiator Metals (TSXV:GLAD) Provides Extensive Drilling and Exploration Update for Whitehorse Copper Project
Figure 1: Plan map of the Whitehorse Copper Project showing geology and location of the newly defined Little Chief mineralized trend (please refer to Company’s news releases dated February 13, 2023, April 3, 2023, July 31st 2023,November 2nd 2023, November 16th and December 11th 2023 for details). Source: Gladiator Metals Gladiator Metals (TSXV:GLAD) has provided […]
Singapore Real Estate Investment to Jump 10% in 2024: Savills
The collective sale of Shenton House was Singapore’s biggest private real estate deal in Q4 Investment in Singapore real estate is expected to jump 10 percent this year to as much as S$23 billion ($17.1 billion), driven by residential and retail transactions, according to Savills. The bullish forecast takes into account rising activity in government […]
Bluestone soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling it. Bluestone stock traded at C$0.47 at midday Wednesday in Toronto, valuing the company at C$69.1 million. It has been within a 52-week window of […]
Montage hikes Koné gold project economics in West Africa
Montage Gold plans its Koné project to be Côte d’Ivoire’s largest. Credit: Montage Gold Montage Gold (TSXV: MAU; US-OTC: MAUTF) plans to start building its $712 million Koné gold project in Côte d’Ivoire late this year after an updated feasibility study nearly doubled its net present value. The project 470 km northwest of coastal Abidjan, the […]
Gold price drops to near $2,000 on hawkish Fed comments
Gold fell to its lowest in a month on Wednesday following hawkish comments from a US Federal Reserve policymaker who tamed expectations of an imminent rate cut, sending both the dollar and Treasury yields higher. Spot gold dropped 1.1% to $2,004.78/oz. by noon ET, its lowest in 2024 after starting the new year around the […]
Paramilitary, guerrilla groups threaten coal mining unions in Colombia
Coal mining unions operating in northern Colombia demanded protection from local, regional and national authorities as they are a permanent target of armed groups demanding bribes. During a meeting with civilian, military and police authorities, the Coal Mining Association (Asocarbonor), the Association of Cokers of Norte de Santander (Asocoquizadores) and the Sardinata Miners Association (Asomisar) […]
The Brazil Potash Factor is a Turning Point for Global Agriculture and Food Stability
Source: Brazil Potash n Brazil’s agricultural sector is a major factor in global food security, contributing approximately 30% to the nation’s GDP. This sector has positioned Brazil with a significant trade surplus, a trend recently highlighted by Robin Brooks, Chief Economist at the Institute of International Finance. Brooks stated, “Brazil’s massive trade surplus this year […]
Brazilian government, miners join forces to improve security in gold mining areas
The Brazilian Institute of Mining (Ibram) joined forces with the Ministry of Justice and Public Safety and some of the largest mining companies operating in the South American country to develop a special security plan for the municipalities that host gold mining operations. n In a media statement, Ibram said that the main goal of […]
Madison Metals Corporate Update: Forward Sales Agreement Fuels Strategic Initiatives Amid Favourable Market Conditions
TORONTO, ON – October 19, 2023 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to provide an update on its corporate activities, which continue to be influenced by favourable uranium market conditions. With initial funds now being realized from the Company’s forward sales agreement, Madison has the additional capital […]