The board of Battle North Gold (TSX: BNAU) has approved construction of the Bateman gold project in Red Lake. After starting work on critical path construction items in November, the company expects to start processing ore by year-end and achieve commercial production by the end of 2022.Battle North expects to spend $59.1 million this year on initial capital development - this includes underground...Read More
Canstar Resources (TSXV:ROX,OTCQB:CSRNF) has launched its campaign on the Investing News Network.Read full newsRead More
Gold Mounting Mining Corp. is pleased to announce today that, dueRead full newsRead More
Kenorland Minerals Ltd. (TSXV:KLD) has launched its campaign on the Investing News Network.Read full newsRead More
Carlyle Commodities Corp. is pleased to announce it has commencedRead full newsRead More
Carlyle Commodities Corp. and its partner United Mineral ServicesRead full newsRead More
CEO and Director of Outback Goldfields, Chris Donaldson speaks abRead full newsRead More
White Metal Resources Corp. Further to its January 18, 2021 newsRead full newsRead More
The USA is fighting back in the global battery arms race with a number of new supply chain developments already this year. In the past week alone, President Biden set out plans to electrify the US government fleet of approximately 645,000 vehicles, Sila Nanotechnologies raised a record $590 million of funding and plans to build ... Continue reading Global battery arms race: the USA's three EV to b...Read More
Serious gold down days are nearly always driven by heavy speculator selling in super-leveraged gold futures.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Serious gold down days are nearly always driven by heavy speculator selling in super-leveraged gold futures.Read full newsRead More
The S&P 500 closed up 0.74% to 3,915.59 as optimism grows around an economic stimulus package and vaccine roll-out.Bitcoin gained more than 14% to also reach a record high as Tesla said it had invested US$1.5 billion and would soon accept the digital currency as payment for its electric vehicles.Gold was slightly higher than this time yesterday at $1,830 an ounce on the spot market.Base metals...Read More
Severstal said the move was in line with its commitment to the Paris Agreement goals, and also followed the objectives of Russia climate regulation.Read More
Revenue of A$124.3 million in the first half of FY2021 was down 3% on the same period in FY2020.EBITDA rose 6% to $33.1 million, while cash from operations jumped 33% to $33.2 million.Net profit after tax for the FY21 first half dropped 26% to $13.5 million due to higher depreciation and amortisation charges relating to additional assets to support increasing demand for gyro-related technologies a...Read More
I think I'm like a lot of people in that if you asked me, "Do you want to go to Walmart or Target?" the answer is a resounding no. I definitely do not want to go to Walmart or Target.But if you ask me, "Do you want to go to Marshalls?" the answer is the complete opposite. Yes, I absolutely want to go to Marshalls. I'll even drive.Why?These stores basically have the same things for sale. And one...Read More
After completing a Plan of Arrangement with Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) in January, Monarch Mining (TSX: GBAR) is now working to advance spin-out assets within the new company. Monarch has released an updated resource estimate for the McKenzie Break property in Quebec, 25 km north of Val-d'Or.Pit-constrained indicated resources at the site total 1.4 million tonnes grading 1.8 grams...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released new assay data for three drillholes completed on section 19925 as the company moves towards a tighter drill spacing along the LP fault at its Dixie gold project in Red Lake, Ontario.The drill highlights included 18.2 metres of 13.38 grams gold per tonne from bedrock surface; and 16.5 metres of 4.9 grams gold per tonne and 57 metres of 4....Read More
Well-known as a store of value, precious metals are a particularly appealing investment during times of uncertainty. This appeal, combined with recent upward price moves, makes companies in this space an appealing investment. Below, we profile eight explorers and developers with exposure to gold and other precious metals.Kore MiningKORE Mining's Imperial gold property in southeast California. Cred...Read More
Mongolia's government is said to be actively seeking to cancel a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) governing a US$6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi desert, as it looks to replace it with a new agreement.Rather than acting unilaterally, which would risk future foreign investment projects, local authorities have suggested Rio Tinto mutually terminate...Read More