News
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Idaho Copper Belt Sees Surge in Activity Amid Rising Copper Prices
- May 27, 2026
- Posted by: Admin
- Category: Gold
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The Idaho Copper Belt (ICB) expects a busy 2026, with multiple companies planning high-impact drill programs for this year. Big-name companies like Hercules Metals Corp. (BADEF:OTCMKTS; BIG:TSXV), IDEX Metals Corp. (IDEX:TSX; IDXMF:OTCQB), Scout Discoveries Corp., Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTNTF:OTCMKTS), and even mining giant Rio Tinto. Hercules is focused on its Leviathan, Pegasus,
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Mexico Mining Co. Reports Strong EBITDA Growth
- May 26, 2026
- Posted by: Admin
- Category: Gold
On May 19, 2026, Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) released Q1 2026 financial and operational results, with over 120,000 ounces of silver equivalent ounces sold by March 31. Financial result highlights are as follows: Gross silver (“Ag”) revenues for the quarter totaled US$5.9 million (US$85.14 per ounce) and gold (“Au”) revenues
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Gold Resource Swells Past 8.6 Million Ounces as Yukon Project Advances Toward Maiden PEA
- May 26, 2026
- Posted by: Admin
- Category: Gold
Banyan Gold Corp. (BYN:TSX.V; BYAGF:OTCQB; ) announced an updated Mineral Resource Estimate for its AurMac Project in Yukon Territory, Canada, prepared in accordance with NI 43-101 standards. The updated estimate incorporated an additional 42,000 meters from 178 diamond drill holes completed within the Airstrip and Powerline deposits. According to the company, the updated Mineral Resource
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After Acquisition Gold-Copper Miner Advances High-Grade Ecuador Breakthrough
- May 26, 2026
- Posted by: Admin
- Category: Gold
Tincorp Metals Inc. (TIN:TSXV; TINFF:OTCMKTS) gave an update on the progress of its 10,000-meter phase 1 drilling campaign at the Santa Barbara gold-copper project, situated in the Zamora copper-gold belt of southeastern Ecuador, according to a release on May 14. The drilling operations, which began on April 14, 2026, are actively underway with four rigs
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How Will Higher Import Taxes Impact Indian Gold and Silver Markets?
- May 26, 2026
- Posted by: Admin
- Category: Silver
Earlier this month, the Indian government hiked the import duty on precious metals from 6 percent to 15 percent in an attempt to moderate the country’s trade deficit and support the rupee. How will this tax increase likely impact the gold market in India? Not as much as you might expect. Historically, higher import duties have had
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Technical Scoop: AI Party, Warsh Monitor, Bullish Triangles
- May 25, 2026
- Posted by: Admin
- Category: Silver
Excerpt from this week’s: Technical Scoop: AI Party, Warsh Monitor, Bullish Triangles Gold and silver Source: www.stockcharts.com The correction (overdue) that got underway for the precious metals sector after the January 2026 top is not yet over. For the second week in a row, the precious metals sector fell as concern over rising oil prices (even
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A Huge Drop in the Commercial Net Short Position in Gold
- May 23, 2026
- Posted by: Admin
- Category: Silver
Gold was under quiet and somewhat uneven price pressure starting right at the Globex open in New York on Thursday evening — and that lasted until around noon in London on their Friday. It chopped a bit higher from that point until the collusive commercial traders of whatever stripe put in an appearance around 9:10 a.m.
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Athenian Foreboding
- May 23, 2026
- Posted by: Admin
- Category: Gold
As I was doing my early-morning reading on Friday, I came across a report that made reference to Chinese Premier Xi in his address to the American delegation that included the President as well as several of America’s “Titans of Industry”. As I was poring through the report, the best word to describe my emotional state
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Copper Hits Run Deep as Chile Drill Program Delivers 78 Meters at 1.70%
- May 23, 2026
- Posted by: Admin
- Category: Gold
Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) reported drilling and geophysical survey updates from the Buen Retiro Copper Project in Copiapó, Chile, including results from seven resource definition drill holes in the Southwest Area and findings from its Ambient Noise Tomography (ANT) survey. The company said drill hole BRT-DDH059 returned 78.0 meters grading 1.70% copper from 58.0
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Silver Producer With 5 Mexico Mines Accelerates Repayment of Gold Debt
- May 23, 2026
- Posted by: Admin
- Category: Gold
Guanajuato Silver Co. Ltd. (GSVR:TSX.V; GSVRF:OTCQX) said it has accelerated the partial repayment of its gold loan with Ocean Partners U.K. Ltd., according to a May 14 release. Guanajuato announced that it has repaid 1,580.4 ounces of gold, effectively covering a full year’s worth of payments. This repayment, made from the company’s available cash, ensures