Mining Discovery - The First Choice for Mining News and Insights

Canada's merchandise trade balance swung to a surplus in March, globally and with the United States, as higher crude oil prices and strong demand for gold drove a jump in exports while imports fell, data showed.

Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed geopolitical uncertainty supported perceived safe-haven demand for precious metals. At the time of writing, spot gold was trading near $4,694.05 an ounce, up 2.77%, while spot silver was trading at $77.350, up around 6.23% on the session.

Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed geopolitical uncertainty supported perceived safe-haven demand for precious metals. At the time of writing, spot gold was trading near $4,694.05 an ounce, up 2.77%, while spot silver was trading at $77.350, up around 6.23% on the session.

Vancouver-headquartered B2Gold has announced a leadership transition that will see long-serving president and CEO Clive Johnson retire at the company’s annual general meeting on June 4.

The ceasefire between the U.S. and Israel and Iran is beginning to turn the conflict into a prolonged one, which markets don’t seem to fully grasp, and while the bull market for gold should resume once the impacts become apparent, silver’s demand picture is mixed due to persistently high prices, according to precious metals analysts at Heraeus.

MELBOURNE - Australia and Japan have beefed up their cooperation around critical minerals amid a State visit by Japan's prime minister, with the countries providing A$1.67-billion, or $1.20 billion, in support for the sector and flagging more to come.

Idaho is a Mining State

Independent valuation opinion with listed comparables, precedent transactions and sum-of-the-parts analysis

TSX- and ASX-listed Dundee Precious Metals (DPM) generated a record $203-million of free cash flow in the first quarter of the year ended March 31.