Solaris Resources (TSX: SLS: US-OTC: SLSSF) has made a new discovery within its Warintza copper project in southeastern Ecuador.The Warintza project is adjacent to the national highway that runs north-south along a mineral belt that hosts Lundin Gold's (TSX: LUG) Fruta del Norte mine and a Chinese consortium's Mirador mine, about 40 km to the south."All told, this belt is estimated to host tens of...Read More
Signs of economic trouble ahead seem to be all over.Some are underappreciated, some are over-appreciated. Both are horribly misrepresented to our detriment.On the underappreciated side of the spectrum there are issues like inflation, one that Fed Chairman Powell and the Biden administration, along with the stock markets, seem to finally acknowledge. Yet officials and the MSM keep toeing the line a...Read More
There has recently been a lot of discussion and debate around the possible similarities and differences of gold and Bitcoin (and, by implication, other cryptocurrencies), and this has often included consideration of their relative environmental impacts and, specifically, their carbon footprints.Read full newsRead More
"The recent choppy nature of our markets has meant no two days seem to follow the same pattern so will be interesting to see if we are set to see another price collapse," Marex's Alastair Munro said yesterday from the LME desk.The S&P 500 rose 1.52% as bargain hunters drove US equities to the biggest advance since March, Bloomberg reported.London's FTSE 100 rose 0.54% and the S&P/ASX 200 w...Read More
As inflation fears continue to mount, more attention is being focused on the precious metals industry. Silver has been doing better than gold in recent years, considering the metal’s dual use as both a precious and industrial metal These recent months of elevated and increasing prices exacerbated by price plunges due to the COVID-19 pandemic saw inflation reaching 3.8%, its highest in 30 ye...Read More
Gold remans stable amid higher inflation. After the surge in May, the consumer price index surged 0.9% in the last month, following a 0.6% jump in May. This was the largest one-month change since June 2008, during the Great Recession. Naturally, this has caused a lot of unease among investors and corporations looking to hedge against the negative effects of inflation. Gold prices a...Read More
Share this article TORONTO - Nighthawk Gold Corp. [NHK-TSXV, OTC-MIMZF] on Wednesday released more assays results form the main Colomac and Goldcrest deposits which are located within its Indin Lake gold property in Canada's Northwest Territories.The latest results are from a 2021, phase 1 program which is expected to consist of 41,420 metres with an approximate split of 45% on resource expansion...Read More
Share this article VANCOUVER - Gatling Exploration (TSXV:GTR)(OTCQB:GATGF) announced that it has entered into an Exploration Agreement with Matachewan and Wahgoshig First Nations relating to the Company's Larder project on January 1, 2019, as amended by Amending Agreement dated January 11, 2021.The Agreement sets out the framework by which the Company and the First Nations Groups will work togeth...Read More
We spoke with Vincent Ledoux Pedailles, who is VP of Business Development for Vulcan Energy Zero Carbon Lithium. Vulcan Energy Resources (ASX: VUL) aims to decarbonize the transition to EVs, via world-first, Zero Carbon Lithium business, with Direct Lithium Extraction (DLE) tech & geothermal energy. Vulcan Energy is extracting geothermal brine, from the Upper Rhine Valley in Germany, producing ren...Read More
Three years ago, I made one of the best decisions of my life and bought a Jeep. You could call it love at first sight for myself and the sleek black Rubicon that looks better dirty than clean. It can also absolutely crumple a Tesla like a tin can without getting so much as a dent too.Little did I know at the time, but it turned out to be a better investment than I first thought.We all know that...Read More
Orezone Gold (TSXV: ORE; US-OTC; ORZCF) has released assays from its 90%-owned Bombore gold project in Burkina Faso, about 85 km east of the capital Ouagadougou. The 150.2 sq. km project hosts the largest undeveloped gold deposit in Burkina Faso, according to the company.Highlights included drillhole BBD1074, which intersected 50 metres grading 1.40 grams gold per tonne starting from 246 metres d...Read More
The companies making up the 2021 top ten list of U.S.-based mid-tiers and juniors, excluding coal and precious metals, have seen some of the most dramatic increases in valuations as their market caps surged over the course of the last year. This ranking is based on the companies' market capitalizations as of July 7, as compiled by MiningIntelligence.1. Energy FuelsMarket cap: US$773 millionEne...Read More
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada's Centerra Gold (TSX: CG; NYSE: CCAU) subsidiary, Kumtor Gold Company (KGC).The Kyrgyz government has revived a slew of previously settled alleged tax and environmental complaints at the Kumtor gold mine before the seizure o...Read More
Chilean miner Antofagasta (LSE: ANTO) saw copper output fall 2.8% to 361,500 tonnes in the first half of 2021 and warned that full-year production guidance, unchanged for now, could be affected by the lack of rainfall in the area where its flagship mine is located.Los Pelambres, located in Chile's Coquimbo region, 240 km northeast of Santiago, is beginning to feel the impact of one of the country'...Read More
With it sights set on taking its 100%-owned Fenix gold project in Chile towards production in the shortest possible timeframe, Rio2 (TSXV: RIO; US-OTC: RIOFF) has arranged a financing of about US$125-$135 million for the mine's construction.The financing package comprises a non-binding term sheet with Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) for a US$50 million gold purchase agreeme...Read More
The British Broadcasting Corporation has launched a three-part TV series on a "mountain full of treasure," and it's in Scotland. Apart from being bullish for the valuation of Scotland's first gold mine, it is a clear signal that the Northern Hemisphere is starting its silly season.Definitions of 'silly season' are hard to find but in North America this sleepy summer period is known, rather unimagi...Read More
The foundations of modern life were built on bird shit.That's not an insult or any kind of disparagement.It's just very much a fact.Bird and bat excrement - or more appropriately guano - was an extremely important natural resource in the 19th century.That's because, with an exceptionally high amount of plant nutrients, guano was critical as fertilizer to support the growing agricultural demands of...Read More
Goldplay Mining Inc. , ,is pleased to announce that it has begunRead full newsRead More
TORTOLA, British Virgin Islands, July 14, 2021 /CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the 'Company' or 'Sailfish') is pleased...Read full newsRead More
In the US, the S&P 500 closed down 1.59%.The FTSE 100 closed down 2.34% as the UK marked Freedom Day, with long-term restrictions lifting despite a recent surge in cases.Meanwhile geopolitical tensions have increased, with allies including the US, UK and Australia expressing concern about China's "malicious cyber activity".The allies have attributed the Microsoft Exchange server cyber attack i...Read More