Gold price erases gains with yields rebounding on stimulus approval Yields are in the rise again on approval of the $1.9 trillion covid relief bill, as well as promising jobs data. MINING.COM Staff Writer | March 11, 2021 | 9:25 am
BlackRock says gold ‘failing’ as equity hedge, faces risks BlackRock says that right now gold isn’t working well as a hedge against either stock moves or inflation risks, although it was against the dollar. Bloomberg News | March 11, 2021 | 8:48 am
Nonferrous metals exploration budget down 11% in 2020 – report The global budget was $8.7 billion in 2020, down from the $9.8 billion registered in 2019, S&P found. MINING.COM Staff Writer | March 11, 2021 | 6:06 am
Canadian Palladium drills East Bull strike to 2.5 km near Sudbury The company recently released assays from five recent drill holes between the Valhalla and Garden zones. Northern Miner Staff | March 10, 2021 | 1:22 pm
New Found Gold hits high gold grades at Queensway Keats zone Drill highlights include 30.1 metres of 27 g/t gold from 107.7 metres. Canadian Mining Journal Staff | March 10, 2021 | 10:53 am
Sabina raises $27 million in bought deal Net proceeds are expected to be used for development of the company’s Goose project. Canadian Mining Journal Staff | March 10, 2021 | 10:51 am
Global mining cross border M&A deals worth $7.7bn in Q4 – report The value marked an increase of 593.7% over the previous quarter. MINING.com Editor | March 10, 2021 | 10:29 am
Discovery Harbour partners with Newcrest on Nevada gold project, stock jumps The companies have entered an option and earn-in agreement for the early-stage Fortuity 89 gold property. MINING.COM Staff Writer | March 10, 2021 | 9:17 am
PDAC: Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver What happened to the gold deposits of 1989? Northern Miner Staff | March 10, 2021 | 7:43 am