Copper prices set fresh multiyear highs over concerns of possible supply disruptions following unrest in Peru and optimism about the launch of a Chinese futures contract open to international investors.On the Comex market, copper for delivery in December gained 2.7% to US$3.2625 per lb. (US$7,193 per tonne) amid heavy buying, with more than US$8.3 billion worth of metal traded by mid-afternoon in...Read More
Canada's Endeavour Mining (TSX: EDV), already West Africa's top gold producer, has agreed to buy Teranga Gold (TSX: TGZ) in an all-share deal worth $2.44 billion (US$1.86 billion), which would create a top-10 gold producer.The Toronto-based miner is offering 0.470 of its own shares for each Teranga share, a 5.1% premium to Teranga's closing price on Friday.Endeavour shareholders will end up with 6...Read More
Victoria Gold (TSX: VGCX) has released assays for the final 13 drill holes from this year's exploration program at the Raven target within its wholly owned Dublin Gulch property in the Yukon. The intercepts featured long intervals of gold mineralization.Drill highlights include 19 metres of 3.95 grams gold per tonne from 90 metres, within a 174-metre section of 0.76 gram gold; 11 metres of 2.13 gr...Read More
After acquiring the Cerro de Oro project in August, Minera Alamos (TSXV: MAI) has released an initial resource estimate for the 65-sq.-km property in Mexico's Zacatecas state.The resource estimate features 48 million inferred pit-constrained tonnes, grading 0.41 gram gold per tonne, containing 630,000 oxide oz. gold. This estimate is based on a 0.18 gram gold per tonne cutoff grade, and was prepar...Read More
The S&P/TSX Composite Index rose 2.41% to 16,675.64 during the Nov. 9-13 trading week. The S&P/TSX Global Mining Index declined by 2.43% to 96.48, and the S&P/TSX Global Base Metals Index jumped 5.03% to 114.89. Spot gold dropped US$60.60 per oz., or 3.11%, to US$1,889.20 per oz., and the S&P/TSX Global Gold Index fell by 8.08% to 345.71.Barrick Gold fell $3.61 to $34.01 per share. The company ha...Read More
The S&P/TSX Venture Composite Index fell 0.80% to finish the Nov. 9-13 trading week at 736.37. Spot gold dropped 3.11%, or US$60.60 per oz., to US$1,889.20 per ounce.Shares of Artemis Gold jumped 41 ? to $5.55. The company released details of a 35,000-metre grade control drill program at its Blackwater gold project in British Columbia. The reverse circulation drill program will focus on delineatin...Read More
The Dow Jones Industrial Average rose 4.42% to finish the trading week at 29,479.81 and the S&P 500 climbed by 2.16% to 3,585.15. Spot gold dropped US$60.60 per oz., or 3.11%, to US$1,889.20 per oz. from the previous week.Shares of Vale fell US9 ? to US$11.68 per share. The company and China's Ningbo Zhoushan port have signed a deal to jointly invest around 4.3 billion yuan (US$651 million) in...Read More
Clip from Red Cloud's Investor Webinar with Canada Nickel Chair & CEO Mark Selby on the Company's investor value ...Read More
November 16, 2020 - Brixton Metals Corporation ("Brixton" or the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce high-grade gold, silver and copper content in 17 in place outcrop rock samples collected at and west of the recently acquired Trapper Target on its vast 2,594 square kilometer Thorn Cu-Au-Ag Project.Highlights from ProspectingFive rock samples greater than 20 g/...Read More
One of the hottest areas of British Columbia in the past few years is an area known as the Golden Triangle. This area has produced more high grade mines than any other area in the province and with gold prices poised to start a new rally here in 2019, it's little wonder that there is so much excitement surrounding some of the companies that have a foot hold here.Over the past few years this area h...Read More
Metal prices both precious and base have been pretty dismal the past few years. Aside from palladium going to the moon price wise in the precious metal side, the only other metal that has had any shine is copper. This is mainly due to the fact that there could very well be a massive shortage of copper in years to come. This shortage is mainly derived from countries around the world that are going...Read More
Well if there ever was year to be happy about seeing coming to an end in regards to junior mining stocks, 2018 would that year. In all the years I've been following the juniors I have never seen such a dismal year. It didn't even matter what the commodity was the companies were after, the investor interest just wasn't there and it showed. All you have to do is look at virtually any mining stock ch...Read More
There is an old saying in the gold and precious metal trading circles that say's "Sell in Mayand go away". If ever that saying rang true it was this year as we saw gold and silver sell off to two year lows starting back in June. This in turn has made the entire mining stock sector a pretty ugly place to be if your hoping to make a few bucks. Just how bad is it? Well in September the GDXJ hit it's...Read More
Most of us gold and metal buffs tend to follow the precious metal scene and aside from taking a glance a copper once in a while we seem to ignore what's going on with the base metals. For the past year a lot of analysts have been following cobalt and lithium but at the same time nickel has almost doubled and very few had even noticed. If you have a junior mining stock that has exposure to nickel y...Read More
It's hard to be a gold bug or grass roots mining stock buff and not have an interest in buried treasures or lost gold mines. I think that is what makes prospecting exciting. In a lot of cases it's not the treasure that you hope find but all the excitement that goes into the actual searching for the treasure. I tend to think that with the true prospector it's more the adventure than it is the rewar...Read More
Welcome to 2018. Some analysts are saying that this year is the year for gold. But there are a few other market watchers who are saying forget gold and watch silver, or better yet, buy silver. Be it physical bullion, silver ETF's or silver mining stocks. There are guys out there who are touting we will see $400+ silver price this year. I know it sounds far fetched and even though I think that a $4...Read More
Seems we live in a totally fake world now. Ever since Trump's tag line, "fake news," everything is turning up fake. I have always known about fake statistics, fake information, fake people and yes even fake bullion, but when a story about fake gold came out about a one ounce ingot that supposedly came from the Royal Canadian Mint as being fake, that was enough to raise an eyebrow.Turns out that a...Read More
When it comes to investing in a junior mining company the one you thing can almost always be certain of is "uncertainty." Mining and especially exploration is and always has been a high risk business full of uncertainties. Those uncertainties and risks can range from everything from government politics to commodity prices and everything in between. From raising money to how that money is going to...Read More
I've been reading bits of articles lately about a coming shortage of cobalt. Now I don't really know a whole lot about cobalt other than it's mined so I decided to to do a bit of investigating. There are a few things that I found out about doing some quick research and one is that cobalt mining shouldn't be protested about by enviromentalists. Another important issue that I've discovered is that t...Read More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More