Underground at the MCSA copper complex Credit: Ero CopperVancouver-based copper and gold producer Ero Copper (TSX: ERO) has tabled an updated resource and reserve statement for its NX Gold mine in Brazil. With this update, the underground operation now has an expected mine life of six years.In conjunction with the updated reserve numbers, Ero released an updated mine plan for NX Gold, which sugges...Read More
Castle Mountain heap leach Credit: Equinox GoldEquinox Gold's (TSX: EQX; NYSE-AM: EQX) Castle Mountain mine in California has declared commercial production. The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year. The company completed construction of the asset in mid-September.In its first, 12,700 tonne...Read More
A long-running battle between Nordgold (LSE: NORD) and China's Shandong Gold over Cardinal Resources (ASX: CDV) has taken an unexpected turn after a Ghanaian firm formally presented on Tuesday an all-cash, unsolicited offer for the Australian miner.Engineers & Planners Company is topping previous bids for Cardinal with a conditional, off-market takeover offer of A$1.5 (US$1.10) per share, that wo...Read More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
ALX Resources Corp. is pleased to announce that it has executed aRead full newsRead More
Kerr Mines Inc. and Star Royalties Ltd. are very pleased to jointRead full newsRead More
African Gold Group would like to invite shareholders and the geneRead 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
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN kept up its torrid pace rising 35.5 points, or 3%, to finish at 1205.15. Indeed, over the last 3 weeks, the Index has jumped nearly 150 points or 14%.Our short-term momentum indicator, RSI, climbed to 74.82 making a multi-month high and is overbought. The long-term...Read More
If you have got only a few dollars to spare and want to start investing, worry not. Investing in stocks, even with small amounts, can generate a considerable amount of wealth in the long term. Several TSX-listed stocks are trading at smaller dollar amounts but have strong fundamentals that could help these companies to outperform the broader markets in the long run. So, if you want to start i...Read More
The wealth-eroding effects of inflation are pretty insidious, especially over the long run. Many central banks desire to get inflation at that healthy range of about 2%. But sometimes, even hawkish central bank intentions may be forced to navigate off the path of its target.With the coronavirus crisis sparking an unprecedented magnitude of money-printing, there are fears that we could be in for an...Read More
Warren Buffett has been one of the top investors in the equity markets for almost six decades. So, whenever the Oracle of Omaha buys or sells a stock, it is big news for investors. Warren Buffett-owned Berkshire Hathaway recently reported its 13F filings, which revealed that the company reduced its exposure to Barrick Gold (TSX:ABX)(NYSE:GOLD) by 42% in Q3.Investors were surprised when Berkshire H...Read More
Share this articleTORONTO - Kerr Mines Inc. (TSX: KER, OTC: KERMF) and Star Royalties Ltd. jointly announced the closing of the first installment of their previously announced US$18,000,000 gold purchase and sale agreement which will be used to finance the restart of underground operations and gold production at the Copperstone Gold Mine in Arizona, USA.Giulio T. Bonifacio, Chief Executive Offic...Read More
Share this article TORONTO - Sherritt International Corp. says president and CEO David Pathe intends to step down from his role in 2021 but will stay on until a replacement is in place.The company says Pathe's eight years as leader were marked by difficult and unpredictable nickel prices and financial threats posed by its participation in the Ambatovy nickel mine in Madagascar.The Toronto-based c...Read More
Share this article TORONTO - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) announced that it is temporarily reducing the underground workforce at its Westwood mine in Canada. Westwood underground remains suspended following the seismic event reported earlier this month. The temporary reduction affects approximately 437 workers, or approximately 70% of the underground workforce.As reported on Novembe...Read More
Something seems a bit fishy about the recent crest of coronavirus vaccines...This morning, AstraZeneca announced clinical trials of its COVID vaccine showed to have an average efficacy of 70% in protecting against the virus.It was the third Monday morning in a row a major pharmaceutical company announced a coronavirus vaccine with a high efficacy rate.This morning, it was AstraZeneca. Last Monday...Read More
Since acquiring the Kandiole project in Mali three years ago, Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has served up some of the best drill intercepts in West Africa and made significant discoveries on its large land package, about 25 km east of B2Gold's (TSX: BTO; NYSE-AM: BTG) producing Fekola mine.The Kandiole project, about 400 km west of Mali's capital Bamako, is situated in the Birimian Greens...Read More
Argonaut Gold (TSX: AR) has discovered four new, high-grade gold zones at its past-producing Magino gold project in Ontario. These four zones - Scotland, #42, Sandy and South - are either below or adjacent to the planned Magino pit boundaries and lie between 350 and 700 metres southwest of the known Elbow zone.Drill highlights include 7 metres of 14 grams gold per tonne from Scotland starting at 4...Read More