There's an interesting truth about the price of gold.Read full newsRead More
Although the past week saw gold and silver bullion trade with a negative bias, the trend remains positive on the intraday basis. Spot silver prices (XAG/USD) remained flat just above $23.30. The precious metal is off extremes; gains were capped at $23.50 on Thursday morning but the buyers came in ahead of $23.20. That marks two days now that silver has been unable to rally past $23.50. This conso...Read More
The company entered into an agreement with Stifel GMP and Clarus Securities Inc to arrange the sale of 18.5 million units at $2.45 per unit.Read More
Share this article TORONTO - Canadian miner TMAC Resources Inc. says a national security review under the Investment Canada Act of its sale to China's Shandong Gold Mining Co., Ltd., has been extended by 45 days.Shandong announced a deal in May to buy TMAC, owner of the Hope Bay gold mining project in Nunavut, for $230 million.The friendly deal has received Chinese regulatory approvals and TMAC s...Read More
They call it "the night of the beating." And believe me, Hollywood couldn't write a more evil and twisted plot.What's reported to have occurred in early November 2017 appears to be true. During that time, roughly 400 of Saudi Arabia's most powerful people, including princes, business tycoons, political activists, and state ministers, were invited to meet with King Salman bin Abdulaziz and Prince...Read More
Earlier this week U.S. President-elect Joseph R. Biden Jr. named his first round of cabinet nominations, choosing Janet Yellen as his Treasury secretary. If confirmed, Yellen will be the first woman to head the treasury department in its 231-year history.Yellen is well qualified for the job with roughly thirty years of policy making under her belt. She was chairwoman of the U.S. Federal Reserve fr...Read More
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has released the latest results from its 2020 drill program at its flagship Johnson Tract (JT) poly-metallic project in Alaska, about 200 km southwest of Anchorage.Assays for four drill holes, including additional step-outs from the main JT deposit, were reported. Highlights included drill hole JT20-106, which intersected 22.8 metres grading 3.2 grams g...Read More
Northern Dynasty (TSX: NDM; NYSE: NAK) announced this week that its 100%-owned, U.S.-based subsidiary Pebble Limited Partnership, received formal notification from the U.S. Army Corps of Engineers (USACE) that its application for permits under the Clean Water Act and other federal statutes have been denied.The lead federal regulator found Pebble's "compensatory mitigation plan" submitted earlier t...Read More
BHP (NYSE: BHP; LSE: BHP) plans to ramp up work at the ongoing US$2.5 billion expansion of its Spence copper mine in Chile, as measures taken to stop the spread of Covid-19 this year set back completion of the project.The world's biggest miner said it will speed up construction at Spence in December, with first production expected in the first half of 2021.Mia Gous, Spence's mine general manager...Read More
The European Union has launched an initiative that seeks to secure access to a total of 30 critical raw materials by increasing domestic production and promoting recycling of vital elements, particularly rare earths.The European Raw Materials Alliance (ERMA), a partnership of over 300 companies, business associations and governments, will initially focus on breaking Europe's dependence on inputs...Read More
Desert Mountain Energy Corp. (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is focused on the discovery and development of helium gas fields in the US, with particular interest in elements deemed critical to the green energy and high technology industries. We learned from Don Mosher, Vice President of Finance for Desert Mountain Energy, that they are exploring for helium and Oil & Gas in Arizona's...Read More
So much of the fight over the 5G rollout is politicized.The USA pressures Canada to arrest a Huawei executive. It pressures allies, large and small, worldwide to avoid Chinese 5G tech with carrots and sticks. All of that gets rolled into an anti-China agenda. Talking heads talk about overreach and hidden threats.The simple fact of the matter is that it should be a grave concern. The USA knows why....Read More
Sienna Resources Inc. wishes to announce that the Company has joiRead full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Comet Resources Ltd (ASX:CRL) is pleased to provide an update on the Barraba Copper Project located in the New England area of NSW, approximately 550km north of Sydney.Read full newsRead More
Equity Metals Corporation reported today that it has mobilized crRead full newsRead More
New shares priced at 24c will be issued to undisclosed institutions to raise $30 million and a shareholder share purchase plan is seeking another $3 million.Read More
Warren Buffett’s Berkshire Hathaway shocked the world with its 13F filing in Q2 2020. The filing showed that the Oracle of Omaha finally decided to change his stance on gold. For someone who has not been a strong advocate for the rare yellow metal, it came as a surprise to everybody to find out that Buffett decided to bet on gold.Investors curious about his mysterious ways will likely wonder...Read More