Temperature distribution in Leapfrog Geothermal Credit: Seequent Seequent, a geoscience software company, is accelerating its development of cloud-based Seequent Central to allow organizations to continue their work on large-scale projects amid the covid-19 pandemic.Central works alongside Seequent's other products and gives users in any location the ability to visualize, track and manage geol...Read More
Callinex Pine Bay project in Manitoba Image from Callinex. Callinex Mines (TSXV: CNX) announced on Tuesday that it has commenced its 2020 summer drilling campaign at its Pine Bay project in Manitoba.The campaign will complete up to 1,500m of drilling at the project to test two newly identified Borehole Pulse Electromagnetic anomalies ("BPEM").The anomalies are interpreted to be off-hole from sulp...Read More
Vale do Rio Doce, Minas Gerais, Brazil Credit: Wikipedia. High prices of iron ore and gold will help the mining industry in Brazil to keep revenues in 2020 similar to 2019, despite the impact of the novel coronavirus, according to the Brazilian mining association (Ibram).In Q2 2020, mining companies reached a production value of R$39 billion ($7.5 billion), an increase of 9% over Q1. Iron ore rep...Read More
Iron ore production on an attributable basis was 248 million tonnes for the year, or 281Mt on a 100% basis, meeting guidance of 242-253Mt or 273-286Mt, respectively.Read More
Share this articleTORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce.Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development.T...Read More
Alliance Magnesium, located in Danville, Qu?(C)bec, has developed and patented technology, based on clean electrolysis to extract the magnesium, contained in serpentine rock and produce recycled magnesium. This revolutionary process will bring a worldwide paradigm shift in magnesium production, turning international environmental issues into economic successes. Alliance will capitalize on growing...Read More
That heading has a lot of numbers in it, huh? That's the first thing I thought when I typed it, at least. But that's exactly what this article is. And it looks even funnier if you spell it all out: Three Five Gee Stocks Under Ten Dollars.So, that's the headline I settled on. It's got its own simple kind of beauty, I guess. But enough of me talking about my choice of headlines. Let's get into me ta...Read More
July 21, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") announces final drill results from its maiden drill program at is wholly owned Hog Heaven Project, which returned multiple significant intervals of high-grade silver, gold and copper mineralization. A total of seven holes representing 1,400.35m were drilled of HQ sized core.High grade mineralization was encountered...Read More
Iamgold (TSX: IMG) and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their C??t?(C) gold project in northern Ontario.Construction at the US$1.3 billion, open-pit project is slated to begin in the third quarter, with commercial production expected in the second half of 2023. Over 60% of detailed project engineering is already complete.Iamgold estimates its 70% of t...Read More
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has released a maiden underground resource for its wholly owned Snip gold project, within B.C.'s prospective Golden Triangle.The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000 indicated tonnes grading 14 grams gold per tonne containing 244,000 oz. gold, as well as 942,000 inferred tonnes, at 13.3 grams gold per tonne,...Read More
Drill results from Radisson Mining's (TSXV: RDS; US-OTC: RMRDF) wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.Drill highlights include 32 metres of 3.07 grams gold per tonne from the Upper 36E area at a vertical depth of 430 metres. The hole was drilled near the western boundary of the de...Read More
This week's episode features the first of a two-part interview with Iamgold president and CEO Gord Stothart at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Online editor Adrian Pocobelli asks Gord about the genesis of the name Iamgold, his career path, how the company is dealing with the coronavirus at its mine sites and security in West Africa.Gordon Stothart joined Iamgold at t...Read More
Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps of Engineers in the state said.Speaking to reporters late on July 20, Dave Hobbie said a final environmental impact statement (EIS) recommending the development of the US$100 billion mine will be published in the Federal...Read More
Deeper drilling in a previous drill hole intersected 8 grams gold per tonne over 9 metres at the Cadillac Break East property near Val-d'Or, Que., Probe Metals (TSXV: PRB; US-OTC: PROBF) says.Probe is earning up to a 70% stake in the property under a November 2016 option agreement with O3 Mining (TSXV: OIII), part of the Osisko Group of companies.Drill hole CBE-40 was deepened to followup on lower...Read More
Gold is within spitting distance of all-time highs, about $100 per ounce shy of $1,920 and change.With the strong rise over the past year, especially after the coronavirus lockdowns kicked in, some investors may be feeling a bit hesitant.Don't be. Don't just listen to me though. Some of the biggest names in the market are lining up behind a surge that will leave the all-time high far behind.From t...Read More
VANCOUVER, British Columbia, July20, 2020(GLOBE NEWSWIRE) -- Prime Mining Corp. (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW) ("Prime" or t...Read full newsRead More
By: Gary SavageGold traders were conditioned to trade through the churning phase. Gold is currently in the phase where those kicked out of the market, still are not sure what to do, they are still out -- and when they jump back in, we should have our intermediate cycle top:http://blog.smartmoneytrackerpremium.com/Read More
After a measured advance in recent months gold looks on for a breakout to new highs soon. On its latest 11-year chart we can see that, with the Bowl boundary steepening to become near vertical, it could rise very rapidly and very soon, which fits with the most seasonally bullish time of year for gold that we are now entering.Larry's stunning gold chart shows the price ascending the extreme right...Read More
Oilfield services firm BJ Services filed for Chapter 11 bankruptcy protection early on Monday, following a severe cut in demand and cash crunch due to the coronavirus pandemic.Read full newsRead More
Rock Samples Grade up to 7.8 g/t GoldRead full newsRead More