If you lost your job because of the COVID-19, you’ve probably applied for the Canada Emergency Response Benefit (CERB). This aid will you $2,000 for a four-week period ($500 per week). Initially, you could claim the CERB for up to a maximum of four periods (16 weeks total) between March 15 and October 3. Prime Minister Justin Trudeau said Tuesday that the benefit will be extended by eight we...Read More
Image from Pixabay. Global investors and corporates are divided in their perception of sources of future environmental, social and governance (ESG) risks, according to a joint conducted by CRU and Fitch Ratings. The 2020 Metals and Mining Survey obtained responses from more than 100 corporate issuers and investors active in the sector across diverse geographies and activities. Corporates point to...Read More
Credit: Gold Springs Resource Corp. Gold Springs Resource (TSX: GRC) has added more than 100,000 gold-equivalent (AuEq) ounces to the resource estimate for its project located along the Nevada-Utah border, the company announced Friday.In an updated NI 43-101 resource estimate, the Vancouver-based gold miner has increased the Gold Springs project's measured and indicated resources to 729,000 oz Au...Read More
Drills on site at Tanzanian Gold's Buckreef gold project in Tanzania. Credit: Tanzanian Gold Tanzanian Gold Corp. (TSX: TNX) has reached commercial production at the oxide ore processing plant at its Buckreef project, located immediately to the south of Lake Victoria in north-central Tanzania.Since April 6, when the company had its first bucket at the oxide open pit, oxide ore has been stockpiled...Read More
Image courtesy of PT Vale Indonesia. Brazilian mining giant Vale (NYSE:VALE) announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum).The sale is valued at $290 million, for the sale, and Sumitomo is also participating.After the closing of the tr...Read More
Camflo mill. (Image courtesy of Monarch Gold). Monarch Gold (TSX: MQR) announced that it will be undertaking a vast, detailed compilation and 3D modelling program on its Camflo property in Quebec, Canada.Camflo is known for being Barrick Gold's original asset. The property, located 15 kilometres northwest of Val-d'Or and 6 kilometres northeast of Malartic, includes the old Camflo mine and fully...Read More
The ultra-wealthy have a lot in common. They're typically hardworking, smart, and personable. They tend to be independent thinkers and good salesmen. They also tend to read a lot.Warren Buffett is said to read for as much as 80% of his day. Bill Gates says he reads 50 books a year. Jeff Bezos clearly has some love of books. Remember, Amazon began as an online bookstore.Steve Siebold, the author of...Read More
The second day of the Canadian Mining Symposium (CMS) on June 17 had a golden theme, with the afternoon session featuring Condor Gold (TSX: COG; LSE: CNR), PearTree Financial Services, Equinox Gold (TSX; EQX: NYSE-AM; EQX), and B2Gold (TSX: BTO; NYSE-AM: BTG).Anthony Vaccaro, group publisher of The Northern Miner and head of global mining for Glacier Resource Innovation Group, opened the session b...Read More
Canadian gold and silver juniors are leading project advancement at home and abroad. The following are the top-10 Canadian-headquartered precious metals companies that are developing projects but not yet in commercial production, ranked according to market capitalization in late-June. Royalty and streaming companies are not included in this list.1. NovaGold ResourcesMarket cap: US$2.91 billionAn...Read More
Drilling at Great Bear Resources' (TSXV: GBR; US-OTC: GTBAF) 91-sq.-km Dixie property has intersected a new Red Lake-style gold-bearing zone - Arrow - 1 km west of the Hinge zone, which features a similar style of mineralization.Hole REG-002 returned three gold-bearing zones along 436 metres of core, including 15 metres of 3 grams gold per tonne starting at 452 metres, with visible gold in quartz...Read More
Drill results from Iamgold's (TSX: IMG) 75%-owned Nelligan joint-venture project suggest potential for a western extension of the existing resource and confirm the data in the existing resource model.In a news release, the company has reported assays for six diamond drill holes. Highlight intercepts include 27 metres of 2.86 grams gold per tonne starting at 338 metres, and 25 metres of 1.87 grams...Read More
While the current business outlook remains uncertain, PwC Canada, in its new B.C. mines report, says the British Columbia mining industry is in a good position to withstand volatility due to prudent spending over the last few years and strong environmental, social and governance (ESG) practices.BC Mine 2019 ESG: Resilience and Opportunity in Uncertain Times reports the ESG work that has already be...Read More
After a successful initial drill program earlier this year at its Pen project, 40 km west of Timmins, and a $5.9-million financing closed in May, GFG Resources (TSXV: GFG) is planning a more "aggressive" exploration program for the second half of the year.An 8,500-metre campaign starting next month will focus on the Nib prospect, where the company made a new discovery in April, drilling 9 metres o...Read More
Canadian gold producer Barrick Gold said on Tuesday it sold a partial stake in Shandong Gold Mining Co for $210 million, profiting off a rise in share price of the Chinese gold miner.Read full newsRead More
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By: Ira EpsteinGold is stuck in the middle of this dead zone. What is needed to get out of the range?Read More
Few gold districts drive exploration excitement like Nevada.Read full newsRead More
The period of European sovereign crisis saw the introduction of TLTROs, and usage increased to ?,?1.26 trn. With today's auction, usage has risen to ?,?1.57 trn, the highest on record.Read full newsRead More
Talisker Resources Ltd. is pleased to announce that the Company hRead full newsRead More