Precious metals

Garibaldi Drills 9.3 Meters Grading 7.2% Nickel, 3.6% Copper and 4.8 G/t Palladium-Platinum-Gold as Lower Discovery Zone Expands and Thickens to the North

Retrieved on: 
Friday, February 21, 2020
Chemistry, Physical sciences, Native element minerals, Chemical elements, Noble metals, Transition metals, Precious metals, Ruthenium, Rhodium, Osmium, Iridium

In the central part of the LDZ, massive sulphides begin transitioning into contact style massive sulphides along the chamber wall.

Key Points: 
  • In the central part of the LDZ, massive sulphides begin transitioning into contact style massive sulphides along the chamber wall.
  • The results provide strong indications that the root zone of the E&L Intrusion plunges at about 45 degrees toward the east.
  • A total of 84 drill holes have now been completed at Nickel Mountain since the initial discovery in 2017.
  • Special assaying is being carried out to determine rhodium, iridium, osmium and ruthenium grades for additional massive sulphide intercepts.

Generation Mining Files Preliminary Economic Assessment for Marathon Palladium Project

Retrieved on: 
Wednesday, February 19, 2020
Chemistry, Physical sciences, Atoms, Precious metals, Palladium, Mining

TORONTO, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Further to its press release dated January 6, 2020, Generation Mining Limited (CSE:GENM) (Gen Mining or the Company) is pleased to announce that it has filed on SEDAR its independent Preliminary Economic Assessment study (PEA) on the Marathon Palladium and Copper Project (the Project) located in Northern Ontario, the results of which were previously announced.

Key Points: 
  • TORONTO, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Further to its press release dated January 6, 2020, Generation Mining Limited (CSE:GENM) (Gen Mining or the Company) is pleased to announce that it has filed on SEDAR its independent Preliminary Economic Assessment study (PEA) on the Marathon Palladium and Copper Project (the Project) located in Northern Ontario, the results of which were previously announced.
  • The PEA provides a compelling base case assessment for the development of the Marathon Palladium Mineral Resource by open pit mining.
  • The Project would produce an average of 194,000 palladium-equivalent ounces per year over a 14-year mine life (including credits for copper, platinum, gold and silver).
  • As of the January 6th, 2020, the effective date of Gen Minings preliminary economic assessment, approximately $4 million of the $10 million has already been spent.

Yukon Mint™ Announces 2020 ‘MY YUKON’ Gold Coin Design Contest

Retrieved on: 
Tuesday, February 18, 2020
Bullion coins, Currency, Precious metals, Coins, Royal Canadian Mint, Klondike Gold Rush, YUKON, Mint, Gold coin, American Buffalo, Royal Mint

The winning design will be highlighted on one side of Yukon gold coins to be produced in 1 ounce and other sizes.

Key Points: 
  • The winning design will be highlighted on one side of Yukon gold coins to be produced in 1 ounce and other sizes.
  • The reverse side of the coin depicts the Klondike Gold Rush stampeders, an iconic image of the Yukon.
  • These first gold coins struck by the Royal Canadian Mint (then called the Ottawa Mint) were Canadian in almost every aspect, from raw material to design.
  • The Yukon Mint is focused on creating gold coins that will be Yukon in almost every aspect, from raw material to design.

Sienna Resources Significantly Expands the Marathon North Platinum-Palladium Property Bordering Generation Mining Limited in Northern Ontario

Retrieved on: 
Tuesday, February 18, 2020
Chemistry, Physical sciences, Precious metals, Chemical elements, Native element minerals, Noble metals, Transition metals, Palladium, Platinum group, Ounce, Platinum, Coldwell Complex

This new acreage makes Sienna one of the largest landholders in the Coldwell Complex other than Generation Mining.

Key Points: 
  • This new acreage makes Sienna one of the largest landholders in the Coldwell Complex other than Generation Mining.
  • The Coldwell Complex is the largest alkaline complex in North America and hosts the Marathon platinum-palladium deposit.
  • According to Generation Minings webpage, the Marathon deposit is one of the largest undeveloped platinum group metal mineral resources in North America hosting several PGM-Cu (platinum-group-metal-copper) deposits, including the 7.1-million-ounce palladium-equivalent Marathon Deposit.
  • Siennas Marathon North Platinum-Palladium Property is located in Northern Ontario directly bordering Generation Mining Ltd.s 7.1-million-ounce palladium-equivalent Marathon Deposit.

Goldmoney Inc. Announces Date of Third Quarter 2020 Earnings Release

Retrieved on: 
Thursday, February 13, 2020
Mining, Minerals, Natural Resources, Security, Finance, Gold investments, Investment, Money, Precious metals, XAU, Gold as an investment

Goldmoney Inc. (TSX: XAU) (US: XAUMF) (Goldmoney) (the Company), a precious metal financial service and technology company, will announce third quarter 2020 financial results after market close on Friday, February 14, 2020.

Key Points: 
  • Goldmoney Inc. (TSX: XAU) (US: XAUMF) (Goldmoney) (the Company), a precious metal financial service and technology company, will announce third quarter 2020 financial results after market close on Friday, February 14, 2020.
  • Goldmoney manages and oversees in excess of $2.0 billion in assets for clients around the world.
  • Through these businesses and other investment activities, Goldmoney gains long-term exposure to precious metals.
  • Such forward-looking information in this release speak only as of the date hereof.

Premier Gold Mines Announces Overnight Marketed Financing

Retrieved on: 
Tuesday, February 11, 2020
Chemical elements, Chemistry, Physical sciences, Precious metals, Gold

THUNDER BAY, Ontario, Feb. 11, 2020 (GLOBE NEWSWIRE) -- PREMIER GOLD MINES LIMITED ("Premier" or the Company) (TSX: PG) (OTCPK: PIRGF) is pleased to announce that it has launched a marketed overnight public offering of common shares seeking gross proceeds of approximately $33 million (the "Offering").

Key Points: 
  • THUNDER BAY, Ontario, Feb. 11, 2020 (GLOBE NEWSWIRE) -- PREMIER GOLD MINES LIMITED ("Premier" or the Company) (TSX: PG) (OTCPK: PIRGF) is pleased to announce that it has launched a marketed overnight public offering of common shares seeking gross proceeds of approximately $33 million (the "Offering").
  • The threshold gold price per ounce for the downward and upward adjustments to the quarterly gold quantity and the aggregate gold quantity deliverable under the Second Amended and Restated Gold Prepay Agreement will be amended to US$1,650 per ounce of gold and US$1,350 per ounce of gold, respectively.
  • Under the terms of the Existing Offtake, Premier agreed to sell and Orion agreed to purchase gold produced from Premier's existing mining projects at a set purchase price up to 60,000 ounces of refined gold annually (the "Annual Gold Quantity").
  • Premier remains focused on creating a low cost, mid-tier gold producer through its two producing gold mines, South Arturo and Mercedes, and through future mine development opportunities at Hardrock in Ontario (Greenstone Gold JV) and at the McCoy-Cove Project in Nevada.

A-Mark Precious Metals Sets Fiscal Second Quarter 2020 Earnings Call for Thursday, February 6 at 4:30 p.m. ET

Retrieved on: 
Friday, January 31, 2020
Chemical elements, Precious metals, Chemistry, Physical sciences, Palladium, Bullion, A-Mark Precious Metals

If you have any difficulty connecting with the conference call, please contact A-Marks investor relations team at 1-949-574-3860.

Key Points: 
  • If you have any difficulty connecting with the conference call, please contact A-Marks investor relations team at 1-949-574-3860.
  • A replay of the call will be available after 7:30 p.m. Eastern time on the same day through February 20, 2020.
  • Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products.
  • Through its TDS subsidiary, A-Mark provides customers with a variety of managed storage options for precious metals worldwide.

Endeavour Silver Provides 2020 Production and Cost Guidance, Forecasting 3.0-3.5 Million oz Silver and 38,000-44,000 oz Gold, or 6.0-7.0 Million oz Silver Equivalent

Retrieved on: 
Friday, January 31, 2020
Chemical elements, Finance, Economy, Precious metals, Security, United States dollar, Silver as an investment, Mexican peso, Bullion coins

From Q1 to Q4, 2019, silver equivalent grade increased 26% and plant throughput rose 21%.

Key Points: 
  • From Q1 to Q4, 2019, silver equivalent grade increased 26% and plant throughput rose 21%.
  • Cash costs, net of gold by-product credits, are expected to be $6.00-7.00 per oz of silver produced in 2020.
  • Consolidated cash costs on a co-product basis are anticipated to be $12.00-$13.00 per oz silver and $900-$1,000 per oz gold.
  • Management has assumed a $17 per oz silver price, $1,450 per oz gold price, and 20:1 Mexican peso per US dollar exchange rate for its 2020 cost forecasts.

Global Gold Industry

Retrieved on: 
Tuesday, January 28, 2020
Chemical elements, Chemistry, Physical sciences, Precious metals, Gold as an investment, Gold in China, Security, Marketplace, Gold

US Gold Market Share (in %) by Company: 2019 & 2025

Key Points: 
  • US Gold Market Share (in %) by Company: 2019 & 2025
    Table 20: Gold Market in the United States by Type: A Historic
    Table 21: United States Gold Market Share Breakdown by Type:
    Table 24: Japanese Gold Market Share Analysis by Type: 2009 VS
    Table 26: Canadian Gold Historic Market Review by Type in Tons:
    Sales by Type for 2009, 2019, and 2025
    Table 30: Chinese Gold Market by Type: Percentage Breakdown of
    Table 33: European Gold Market Share Shift by Region/Country:
    Table 35: Gold Market in Europe in Tons by Type: A Historic
    Table 36: European Gold Market Share Breakdown by Type: 2009 VS
    Table 37: Gold Market in France by Type: Estimates and
    Table 38: French Gold Historic Market Scenario in Tons by Type:
    Table 39: French Gold Market Share Analysis by Type: 2009 VS
    Table 42: Italian Gold Market by Type: Percentage Breakdown of
    Table 44: German Gold Historic Market Analysis in Tons by Type:
    Table 45: German Gold Market Share Breakdown by Type: 2009 VS
    Table 46: United Kingdom Market for Gold: Annual Sales
    Table 47: Gold Market in the United Kingdom: Historic Sales
    Table 48: United Kingdom Gold Market Share Analysis by Type:
    Table 50: Spanish Gold Historic Market Review by Type in Tons:
    Sales by Type for 2009, 2019, and 2025
    Table 53: Gold Market in Russia by Type: A Historic Review in
    Table 54: Russian Gold Market Share Breakdown by Type: 2009 VS
    Table 56: Gold Market in Rest of Europe in Tons by Type: A
    Table 57: Rest of Europe Gold Market Share Breakdown by Type:
    Table 61: Gold Market in Asia-Pacific by Type: Estimates and
    Table 63: Asia-Pacific Gold Market Share Analysis by Type: 2009
    Table 66: Australian Gold Market Share Breakdown by Type: 2009
    Table 68: Indian Gold Historic Market Review by Type in Tons:
    Sales by Type for 2009, 2019, and 2025
    Table 70: Gold Market in South Korea: Recent Past, Current and
    Table 73: Rest of Asia-Pacific Market for Gold: Annual Sales
    Table 74: Gold Market in Rest of Asia-Pacific: Historic Sales
    Table 81: Latin American Gold Market by Type: Percentage
    Breakdown of Sales for 2009, 2019, and 2025
    Table 83: Gold Market in Argentina in Tons by Type: A Historic
    Table 84: Argentinean Gold Market Share Breakdown by Type: 2009
    Table 85: Gold Market in Brazil by Type: Estimates and
    Table 87: Brazilian Gold Market Share Analysis by Type: 2009 VS
    Table 90: Mexican Gold Market Share Breakdown by Type: 2009 VS
    Projections in Tons by Type: 2018 to 2025
    Table 92: Gold Market in Rest of Latin America by Type: A
    Table 99: Gold Market in the Middle East: Percentage Share
    Breakdown of Sales by Type for 2009, 2019, and 2025
    Table 102: Iranian Gold Market Share Analysis by Type: 2009 VS
    Table 104: Gold Market in Israel in Tons by Type: A Historic
    Table 105: Israeli Gold Market Share Breakdown by Type: 2009 VS
    Table 108: Saudi Arabian Gold Market by Type: Percentage
    Breakdown of Sales for 2009, 2019, and 2025
    Table 109: Gold Market in the United Arab Emirates: Recent
    Table 112: Gold Market in Rest of Middle East: Recent Past,
    Table 116: Gold Market in Africa by Type: A Historic Review in
    Table 117: African Gold Market Share Breakdown by Type: 2009 VS

INTL FCStone's Rhona O'Connell recognized as a Top Precious Metals Analyst by LBMA & Metal Bulletin for 2019

Retrieved on: 
Monday, January 27, 2020
Precious metals, Metal industry, Economy of London, London bullion market, Metal Bulletin, Economy, Business

Rhona O'Connell, Head of Market Analysis for EMEA and Asia, shared her thoughts on being recognized as Metal Bulletin's top precious metals analyst for 2019, "I am pleased to have secured a number one ranking amongst my peers in Metal Bulletin's annual APEX analyst survey.

Key Points: 
  • Rhona O'Connell, Head of Market Analysis for EMEA and Asia, shared her thoughts on being recognized as Metal Bulletin's top precious metals analyst for 2019, "I am pleased to have secured a number one ranking amongst my peers in Metal Bulletin's annual APEX analyst survey.
  • The winner in each sector is determined by having each firm or analyst provide their latest forecasts for each metal at the beginning of the quarter.
  • As well as for the full year, Rhona also attained the top precious metals ranking for Q4 2019 with an accuracy rating of 99.26%.
  • "Gaining the number one position for gold in the LBMA Survey is every precious metals analyst's aspiration and last year's success is exhilarating.