Condor Gold (TSX: COG; LSE: CNR) has outlined two mining scenarios in an updated technical study for its flagship La India gold project in Nicaragua, both of which anticipate robust economics. The preliminary economic assessment prepared by SRK Consulting considers two possible routes to develop the asset.One is to go with a mixed open pit and underground operation, which would produce a to...Read More
Lucara Diamond (TSX: LUC) has announced that its board has formally accepted a planned underground expansion of the Karowe mine in Botswana, which is expected to extend the operation's life for 20 years - until 2040. The Vancouver-based miner said the approval follows the financial closure and satisfaction of all conditions precedent to a US$220 million debt package, announced in July....Read More
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has outlined plans to fast-track its newly added, past-producing Bibiani gold mine in Ghana into production. The Vancouver-based company, which completed the acquisition of Bibiani from Australia's Resolute Mining (ASX: RSG; LSE: RSG) in mid-August, said local company Harlequin International had already kicked off the...Read More
Supposedly this was going to be over by the end of the year, yet here we are.General Motors is idling six plants this month, four in the U.S.Ford is idling a plant near Kansas City.Toyota is slashing worldwide production by 40% this month.This is not going away, and even when this crisis eases, the next is already looming.A handful of car companies are doing better than others, but none are being...Read More
Cal Everett, President and CEO, presents Liberty Gold at the Precious Metals Summit, Beaver Creek - September 9, 2021. We are ...Read More
Matador Mining (ASX: MZZ) has uncovered gold grading 55.4 grams per tonne during power auger drilling at the greenfields Big Pond target within the Cape Ray project in Canada.Read full newsRead More
BURKINA-SECURITY/IAMGOLD (PIX):Iamgold suspends convoys to Burkina Faso gold mine after attackRead full newsRead More
Investing in stock markets need not require huge capital upfront. Investors can create a significant fortune in the long term by making small but regular investments. Meanwhile, here are four top Canadian stocks that you can buy below $10 to earn robust returns. WELL Health After delivering impressive returns of over 3900% in the last five years, WELL Health Technologies (TSX:WELL) is under p...Read More
Canadian stocks traded on a mixed note on Tuesday. While the S&P/TSX Composite Index notched another intraday record high near 20,897 yesterday, it couldn’t sustain these gains. The index settled at 20,806 — with a minor 0.7% decline from the previous session’s closing. Minor weakness in commodity prices coupled with fears about the slowing pace of the economic recovery could...Read More
Canadians can make money in stocks and earn $150 per month before this year is over. The TSX is on a hot streak and on course to end 2021 with a bang. Two stable, performing dividend stocks, Timbercreek Financial (TSX:TF) and Aura Minerals (TSX:ORA), should be on your radar or shopping list by now. The combined share price is a little over $25, while the average dividend yield is 6.9%. Likewise, y...Read More
The hit at Blaffo Gueto included 2m at 613gpt gold. Another hole returned 17.4m at 17gpt gold from 244m, including 1m at 216gpt gold.Read More
Share this article TORONTO - Aquila Resources Inc. [AQA-TSX, AQARF-OTCQB] said Monday it has agreed to be acquired by Gold Resource Corp. [GORO-NYSE American], a move that would create a diversified North American precious and base metals producer.In keeping with that plan, Aquila said it has entered into a binding letter agreement with Gold Resource, setting out certain key terms of a proposed a...Read More
We spoke with Nic Earner, Managing Director of Alkane Resources Limited (ASX: ALK). Alkane has been listed on the ASX, since the early '80s. It's market capitalization is around US$600 million. Alkane Resources is poised to become Australia's next multi-mine gold producer. The Company's current gold production is from the Tomingley Gold Operations, in Central West New South Wales, where it has bee...Read More
We all seem to throw the word "crisis" around a little too frequently these days. Perhaps that's just one of the natural consequences of being locked down for more than a year. So when I ask you what the worst part of it has been so far, I'm sure I would be flooded with a wide array of answers. For some it's the masks and being locked inside for months on end. Others would claim it was the com...Read More
Gold Royalty (NYSE-AM: GROY) is acquiring Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF) and Golden Valley Mines and Royalties (TSXV: GZZ; US-OTC: GLVMF) in a deal that will create a larger company with 191 royalties and a balance sheet with about US$47 million in cash and on debt.The business combination will have a significant presence in two of the world's top-tier mining jurisdictions, Nevada an...Read More
Equinox Gold (TSX: EQX; NYSE: EQX) has released new reserve and resource numbers for its Mesquite mine in California and for the Fazenda Brasileiro and Riacho Dos Machados mines in Brazil.The Mesquite heap leach gold mine's latest measured and indicated numbers show a 65% increase in contained gold, to almost 1.4 million oz. (22.3 million tonnes grading 0.24 gram gold per tonne). The contained m...Read More
Ascot Resources (TSX: AOT) has received the ball and SAG mills at its Premier gold-silver project in British Columbia's Golden Triangle, putting the junior on track to restart production in late 2022.The company, which anticipates being fully permitted for construction in the third quarter, placed the orders for the long-lead items last October."Ordering the ball and SAG mills last year was a prud...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, to look for critical materials used in electric vehicles (EVs) and clean energy. The world's largest miner and the Silicon Valley-based tech firm will jointly fund and operate exploration usi...Read More
De Beers, the world's largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale since February and the largest total for this time of year since 2016. The Anglo American (LSE: AAL) unit, which sells diamonds to a handpicked group of about 80 buyers ten times a year at events called sights, sai...Read More
Torq Resources just announced that it has identified three primary target areas at the Margarita Iron-Oxide-Copper-Gold (IOCG) ...Read More