Shares of Agnico Eagle Mines fell on Tuesday after it agreed to buy TMAC Resources for about C$286.6 million ($225 million), two weeks after Canada's government rejected Shandong Gold Mining's bid for the indebted company on national security grounds.Read full newsRead More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
The best gold miner ETFs for Q1 2021 are SGDJ, RING, and GDXJ.Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to provide the following letter to all shareholders from the CEO.Dear Shareholders and Investors,This past year marked a strong debut year for Summa Silver. After listing in February, the Company quickly optioned two high-quality silver and gold exploration properties in und...Read More
Vancouver, BC January 05, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to provide an update on the proposed transfer of all of its British Columbia ("BC") gold exploration assets ("Spin Out") into a newly incorporated company called Karus Gold Corp. ("Karus" or "Karus Gold").Updates and Next Steps:Spin Out requires approval at the virtual KORE shareholde...Read More
Bitcoin has appreciated exponentially lately. It’s four times where it was trading a year ago. At US$32,795, it could be in a bubble. At least, it’s probably not a good time to buy. Though, investors who are bullish on it can still hold what they have as a part of a diversified portfolio.Historically, when the U.S. dollar falls relative to other currencies, the price of gold tends to r...Read More
Gold surged back above US$1,900 to start 2021. At the same time, Bitcoin dropped from its records highs. Investors are trying to decide if Bitcoin or gold is a better bet in 2021.Is this the right time to sell Bitcoin and add gold stocks to your portfolio? Why gold stocks look oversoldGold stocks peaked at the end of the summer and have since drifted lower. For example, Barrick Gold (TSX:ABX) (NYS...Read More
Deloitte, a leading professional services firm, sees a slow recovery of the U.S. economy in 2021, with gross domestic product (GDP) slipping by 1.7%. Vaccine development was the good news in December 2020, propping up stocks. However, COVID-19 has inflicted severe damage that even trillions of dollars in stimulus plans can’t stave off a market crash forever.A signal that something isn’...Read More
I knew Jaguar Health (NASDAQ: JAGX) was a bargain when it was trading below $1.00.Not just because the stock is worth at least $1.00, but because in order to maintain compliance with the NASDAQ, the stock had to trade back up over $1.00, and stay there for at least 15 days.So I recommended it to my readers as a no-brainer trade after the company locked in a deal that would help put the stock get b...Read More
It's a new year, the fog is rising off the water here in Maryland, and thoughts turn to what to do with your money.There are gold bugs and crypto bulls, contrarians and momentum traders. Some people hide their money in FANG stocks, while others are chasing the Green New Deal stocks. But today I'm here to tell you about a simple, worry-free investment strategy that requires about 10 minutes at the...Read More
Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China's Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight - Agnico Eagle Mines (TSX: AEM; NYSE: AEM).On Jan. 5, Agnico announced a friendly bid for TMAC of $2.20 per share - 45 ? per share higher than the $1.75 per share Shandong had offered....Read More
This week's episode features advisor Andrew Cheatle in discussion with Northern Miner group publisher Anthony Vaccaro at the Global Mining Symposium. Andrew explains how mining companies can practically contribute to their local communities and how good business principles can help the UN achieve its 17 Sustainable Development Goals for 2030.All this and more with host Adrian Pocobelli.Music Credi...Read More
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released assay results for 12 holes drilled as part of its 2020 expansion drill program within the Monique property at its Val d'Or East gold project. The results suggest ongoing expansion of the I and M gold zones along strike and at depth, as predicted by the company's three-dimensional geological model.The drill highlights included 10 metres of 2.4 gr...Read More
We are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come into effect (after the 11-month transition period) just as we face a new variant of Covid-19.Yes, we have a post-Brexit trading deal with the European Union (E.U.), but the U.K. faces a difficult start to 2021 because of additional border bureaucracy and uncertainty about...Read More
Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia.The commodity trading firm reported that the initial shipment added up to 420 tonnes of zinc-silver concentrate. The zinc concentrate graded in excess of 50% zinc and over nine ounces of silver per tonne with no material impurities or penalties."This e...Read More
Lucara Diamond (TSX: LUC) said Botswana has renewed the company's mining licence for its Karowe mine for another 25 years, paving the way to fully move the mine's underground expansion to its execution phase.President and CEO Eira Thomas said the licence renewal and extension was an important milestone for the underground expansion of Karowe, as it eases the completion of a supplemental debt fi...Read More
Cutting a check for an investor to spend on your behalf is nothing new.That's the essence of private placements. Same with hedge funds and a slew of other fringe investments.Every once in a while, though, something else comes along where the devil is in the details. We're seeing something today that's old but being resurrected in the equity markets, and it takes the flexibility to manage your fund...Read More
Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More
Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More