Canada's Minera Alamos (TSX-V: MAI) is expanding its footprint in Mexico by acquiring the Cerro de Oro gold project in the north-central state of Zacatecas, its third asset in the precious metals-rich country.The private transaction was conducted with a vendor group known by the Minera Alamos team following negotiations that were carried out over the last few months. As part of the deal, the T...Read More
Mexico-focused producer Torex Gold Resources (TSX: TXG) released its second quarter financial results and updated production guidance for the year: with 59,508 oz. gold generated in the quarter, the company now expects to produce 390,000-420,000 oz. gold this year.Torex's original guidance was for 420,000 oz. to 480,000 oz. gold; however, based on a Covid-19-related decree from the Mexican governm...Read More
Opponents of Northern Dynasty Minerals' (TSX: NDM) proposed Pebble copper-gold-molybdenum mine in Alaska found a new ally on Tuesday, as U.S. President Donald Trump's son Donald Jr. took to Twitter to oppose the project supported by his father's administration.Trump Jr. said he "100%" agreed with Vice President Mike Pence's former chief of staff, Nick Ayers, in opposing the mine."The headwaters of...Read More
With the price of gold having crested US$2,000 an ounce, the World Gold Council released its latest report on the precious metal's demand trends. The Gold Demands Trends report covers both the second quarter and first half of 2020, and it shows that the Covid-19 pandemic hit the consumer sectors of the gold market in the first half of this year the hardest, with total demand dropping by 6% to 2,07...Read More
In April, Bank of America Global Research increased its 18-month price target on gold from US$2,000 per oz. to US$3,000 per oz. and forecast an average gold price in 2020 of US$1,695 per oz. and US$2,063 per oz. in 2021.As gold continued its rise above US$2,000 per oz., and at press time had touched US$2,046 per oz., the bank released a new report reiterating its US$3,000 per oz. price target, cit...Read More
Sean McCoshen, the founder and chairman of the Alaska-Alberta Railway Corporation, (A2A Rail) has already sunk US$110 million of his own capital to move the project to where it stands today.Read More
We learned from Dr. Ruben Padilla, President and CEO of Sable Resources Ltd. (TSXV: SAE), that Sable is a well-funded junior grassroots explorer, focused on the discovery of new precious metal projects, through systematic exploration in endowed terranes, located in favorable, established mining jurisdictions. Sable's main focus is developing its large portfolio of new greenfields projects, located...Read More
Gold has now broken through $2,000 and sits at all-time record-high prices.It shows no sign of slowing down yet (though some gold stocks are getting a bit overextended and due for a bit of a pullback before carrying on their upward march).If it hasn't come into focus for you yet, let's open your aperture.For years - since 2008, really - global banks have conspired to keep rates artificially low. W...Read More
Gold at $3,000 an ounce sounds like an optimistic tip, but there are two reasons to take that price seriously.Read full newsRead More
They are predicted to keep on outperforming the industry Continue reading...Read full newsRead More
VANCOUVER, British Columbia, Aug.04, 2020(GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. ("Azincourt" or the "Company") (TSX.V: AAZ, OTC: AZURF), is pleased...Read full newsRead More
Japan Gold Corp. (TSXV:JG) (OTCQB: JGLDF) is pleased to announce that drilling has commenced at the Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan.Read full newsRead More
Latin Metals Inc. (TSXV:LMS) (OTCQB: LMSQF) announces that it has acquired the Lacsha copper property, located in the Peruvian Coastal Copper Belt. Read full newsRead More
NV Gold Corporation is pleased to announce that the Company has aRead full newsRead More
Great Bear Resources Ltd. today reported results from its ongoingRead full newsRead More
LAURION Mineral Exploration Inc. today announced that it is proRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) is pleased to announce that it has completed the second and final tranche of the previously announced non-brokered private placement of Units (defined below). The Company closed on the sale of an additional 7,065,800 units of the Company (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $706,580 (...Read More
Elsewhere, the FTSE 100 had closed up 2.29% and Japan's Nikkei 225 gained 2.24%, while the Nasdaq rose 1.47% to 10,902.80."RECORD HIGH NASDAQ! It would all come crashing down, including your Jobs, Stocks, and 401k's, if Sleepy Joe ever became President. China and others would own us!!!" US president Donald Trump tweeted.The US is set to hold its presidential election in November.Marex Spectron's A...Read More