Mining Stocks Articles

"CHEECH & CHONG BUD FARM" HITS #1 IN THE USA

June 04, 2020 07:55:59 / Staff reporter

Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) a leading creator and publisher of counter culture mobile games, launched "Cheech & Chong Bud Farm" on April 20, 2020 (4/20) and it has hit #1 in the USA for installs of free and free simulation games in the "Green" or cannabis themed game category.Cheech and Chong Bud Farm is also the Top 3 Grossing "strategy game" in "Green" or cannabis genre categ...Read More

Tension With China on the Rise: Gold Stocks to Buy Now to Hedge Downside

Thu Jun 04 04:04:32 2020 / Staff reporter

24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More

RT @INN_Australia: .@CometResources Acquires Santa Teresa Gold Project and Stream Financing up to US$20M

Thu Jun 04 00:09:50 2020 / Investing News Australia

Comet Resources Ltd (ASX:CRL) is pleased to announce that it has executed a binding heads of agreement (HOA) with privately owned El Alamo Resources Limited (EARL) for the proposed 100% acquisition (Acquisition) of the Santa Teresa Gold Project (Project), and concurrently executed a non-binding term sheet with Raptor Capital International Limited (Raptor) for a gold streaming and royalty financing...Read More

Buy These Stocks to Access a $1 Trillion Industry About to Take Off

June 4, 2020 / Victoria Hetherington

The space industry is yet to become a major mainstream investment theme. However, there are numerous reasons why this is potentially the biggest growth sector imaginable. Space investing belongs in the realm of thematics, which are investment areas covering high concept movements.Other thematics include AI, the Internet of Things, and electric vehicles. As momentum in these other areas has shown,...Read More

YMP launches C$61.5K scholarship fund, including new lottery scholarship

2020-06-04 / MINING.COM

Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. Credit: Young Mining Professionals. The Young Mining Professionals (YMP) has announced the 2020 launch of its...Read More

British Columbia to extend mineral exploration Notice of Work permits till end of 2021

2020-06-04 / MINING.COM

Northern British Columbia landscape. (Image by werner22brigitte, Needpix). The Association for Mineral Exploration (AME) announced Thursday that the Government of British Columbia is moving forward on one of AME's key recommendations related to the covid-19 outbreak - the extension of mineral exploration Notice of Work (NoW) permits to December 31, 2021. Any permits with an active authorization...Read More

Gold price back above $1,700 as 2020 ETF inflows surpass any calendar year

2020-06-04 / MINING.COM

(Image: Generation Grundeinkommen) The gold price jumped by almost $30 an ounce on Thursday clearing the $1,700 an ounce level as retail and institutional investors continue to pile into the metal seen as a safe haven in times of turmoil. Gold for delivery in August was trading at $1,723 an ounce in New York, logging gains in excess of $200 an ounce so far in 2020. Continuing the recent growth st...Read More

O3 Mining triples Quebec drill program, stock up

2020-06-04 / MINING.COM

O3 owns 435,000 hectares of ground in Qu?(C)bec, including 61,000 hectares in Val d'Or. (Image by Tobie Charette, Wikimedia Commons) O3 Mining (TSXV:OIII) announced Thursday it has expanded its current drill program in Val d'Or, Qu?(C)bec, by 200%, which include the Malartic, Alpha and East Cadillac properties.So far, the company has drilled approximately 26,000 metres as part of a 50,000-metre p...Read More

N American gold ETFs again lead record inflows

04 June 2020 / Staff Reporter

Flows in the region are historically more correlated with gold's price behaviour and while much of the March volatility has receded, many of the same price drivers remain in place, including new ones such as questions over how the lower, or negative, rate environment, coupled with a quick uptick in inflation expectations, augurs for gold.Also impacting demand is the continued social and economic u...Read More

Big Australian SOP project gets key environmental approval

04 June 2020 / Staff reporter

The Environmental Protection Authority recommended the project for approval late last year, but an appeal was lodged.Read More

Investing in Psychedelics Stocks

June4, 2020 / Jeff Siegel

It wasn't easy to write today's article.It hasn't been easy to do much of anything lately, to be honest.Mornings are now spent sifting through the news of violence and intolerance.Afternoons are spent trying to pull me out of a state of depression and frustration long enough to get in a workout. And at night, after dinner, I take long walks, smoke a little weed, and try to forget about all the sh...Read More

SolGold seeks US$20M to prevent takeover attempts

June 4, 2020 / Cecilia JamasmieMiningcom

Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) is bolstering its defences against a takeover by fundraising to raise a minimum of ?16 million (US$20 million) as top miners try to take advantage of the global economic downturn caused by the coronavirus pandemic.The move follows a royalty financing agreement with streaming company Franco Nevada (TSX: FNV; NYSE: FNV), inked in May. The deal gu...Read More

Bidding war heats up for Guyana Goldfields

June 4, 2020 / Cecilia JamasmieMiningcom

Takeover target Guyana Goldfields (TSX: GUY) said it has received a proposal from a "foreign-based multinational miner" valuing the company at $323 million (US$240 million), which is 35% higher than a previous offer from Silvercorp Metals (TSX: SVM; NYSE: SVM).The Canadian miner was first approached in April by Silvercorp, which put forward a C$105 million (US$75 million) cash and share deal. That...Read More

Callinex discovers new silver zone at Nash Creek

June 4, 2020 / Canadian Mining Journal staff

Drilling at Callinex Mines' (TSXV: CNX; US-OTC: CLLXF) 118-sq.-km Nash Creek project in the Bathurst mining district of New Brunswick has encountered a new zone of silver mineralization, 9.6 km away from the deposit, as well as a new area of near-surface zinc and lead, 1.3 km to the west of existing resources.The company has released the results of five drill holes: 19-306 returned 19 metres of 36...Read More

Calibre reports positive maiden resource for Panteon deposit at Limon

June 4, 2020 / Northern Miner Staff

Calibre Mining (TSX: CXB; US-OTC: CXBMF) has reported the first resource estimate for the Panteon deposit at its Limon mine in Nicaragua.The high-grade vein is about 150 metres from the company's producing Santa Pancha underground mine.Panteon has 90,000 indicated tonnes grading 9.88 grams gold per tonne for 29,000 contained oz. gold and another 303,000 inferred tonnes averaging 6.79 grams gold pe...Read More

Copper price rally builds on China spending

June 4, 2020 / Frik ElsMiningcom

Copper advanced to a 12-week high on June 4 as China's US$700 billion stimulus program focussed on so-called "new infrastructure" and "new urbanization" kicked into gear.Copper trading in New York jumped to US$2.5025 a pound (US$5,515 a tonne) in midday trading, bringing the bellwether metal's gains since its mid-March low to just under 27%.BMO Capital Markets pointed out in a research note that d...Read More

Pure Gold to restart drilling in Red Lake

June 4, 2020 / Canadian Mining Journal staff

Pure Gold Mining (TSXV: PGM; LSE: PUR) is starting a 30,000-metre underground and surface diamond drill program at its wholly owned PureGold Red Lake mine. The program will be focused on near-term mine plan optimization, resource growth and target new high-grade discoveries.Pure Gold expects to pour first gold at the mine before the end of this year."We believe strongly in the organic growth poten...Read More

The Death of Public Trust

June4, 2020 / Ryan Stancil

Turn on any news channel and it looks like something out of a work of dystopian science fiction. Gangs of cops, clad in body armor, their faces hidden behind visors and masks, walk the streets. God help anyone who crosses their path. Overhead, a glowing sign looms. A politician's smiling face sits next to a reminder that curfew starts at 8. Military vehicles move in convoys down those same stre...Read More

Tension With China on the Rise: Gold Stocks to Buy Now to Hedge Downside

Wed Jun 03 21:14:35 2020 / Staff reporter

24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More

Why Wall Street's V-Shaped Recovery Cannot End Well

3 June, 2020 / Rick Ackerman, Rick's Picks

With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them. By now, the spun story that investors are looking past the pandemic and focusing on renewed growth is sounding increasingly farfetched. Some econom...Read More

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