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Homegold

gold

Victoria
Rare Earth Minerals

Victoria Gold issues new Eagle mine plan, resource estimate update

February 24, 2023 Mariel Alumit

​ Victoria Gold (TSX: VGCX) has issued an updated technical report for the Eagle gold mine, outlining a new life of mine (LOM) plan together with an increase in mineral resource estimates. The Eagle mine […]

Earnings

Eldorado says gold production to grow 55% over five years

February 24, 2023 Mariel Alumit

​ Canada’s Eldorado Gold (TSX: ELD)(NYSE: EGO) expects production to significantly increase over the next five years thanks to the addition of the Skouries gold-copper mine in northern Greece. The company’s board approved in December […]

Gold
Investments

Gold Investors Are Betting On The Fed

February 22, 2023 Mariel Alumit

Authored by Michael Lebowitz via RealInvestmentAdvice.com, By owning gold, investors are not necessarily hedging against a government default but ironically betting the Fed will increasingly misuse monetary policy to help the government avoid defaulting. That […]

Gold
Rare Earth Minerals

Big Ridge Gold doubles inferred resource in Newfoundland while grade drops 

February 21, 2023 Mariel Alumit

​ Big Ridge Gold (TSXV: BRAU) says a new mineral resource estimate for the Hope Brook project in Newfoundland and Labrador doubles its inferred contained gold compared with eight years ago. The deposit in the […]

Coal

Daily Energy Standup Episode #65 – Gold standard back in fashion, Russian Nuclear Sanctions Set Up To Fail, UK would be better off finacially to loose the renewable race.

February 21, 2023 Andy Del Prado

The guys talk about how the EU would actually be ahead of the U.S. if they did not print money to keep up with the United States’ renewable programs. And Russian sanctions again? This time […]

gold
Finance

News Bites Billionaire John Paulson: central banks are replacing dollars with gold, you are better off investing in precious metal than USD

February 20, 2023 Mariel Alumit

(Kitco News) Gold will increase in value while the U.S. dollar drops, said Paulson & Co. founder John A. Paulson. And that is the hedge fund manager’s outlook for this year, the next three years, and […]

Commodities

Gold’s Imminent Return As Money – and Oil moves away from the U.S. Dollar

February 18, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, The consequences of Russia and her Asian allies embracing gold backing for their currencies are poorly understood in western capital markets. This move could lead to the destruction of […]

Gold
Finance

Gold price continues slide after strong US retail, inflation data

February 15, 2023 Mariel Alumit

Gold prices slid to more than a one-month low on Wednesday, weighed down by a stronger dollar as better-than-expected US economic data raised worries that the Federal Reserve could hike interest rates further. Spot gold […]

Chinese
Finance

Chinese Gold Imports Hit Highest Level Since 2018

February 15, 2023 Mariel Alumit

Via SchiffGold.com, China imported 1,343 tons of gold in 2022, the highest import level since 2018. Total gold imports for the year were up 64% over 2021. China ranks as the world’s biggest gold consumer. […]

Rare Earth Minerals

ATAC board rebuffs Victoria Gold takeover bid

February 14, 2023 Mariel Alumit

​ The Toronto-quoted equity of explorer ATAC Resources (TSXV: ATC) jumped about 38.5% on Monday following the weekend announcement by Victoria Gold (TSX: VGCX) of a takeover bid at an 85% premium. While the all-scrip […]

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