He said yesterday the Onshoring Rare Earths Act of 2020, or ORE Act, was designed to establish a supply chain in the US, by providing tax incentives for the rare earths industry, requiring the Department of Defense to source the minerals domestically and establishing grants for pilot programs to develop the materials in the US."Our ability as a nation to manufacture defence technologies and suppor...Read More
**Today's editorial comes from Abe Cambridge, CEO and Founder, The Sun Exchange.Investing in African solar in this time of global financial volatility and decline can yield solid, steady and long term returns. With new solar investment innovations, it is now possible to own solar assets through vehicles that suit any investor, business or homeowner. -- Abe Cambridge, CEO and Founder, The Sun Excha...Read More
Today is Wednesday, May 13, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,703.40. It's up 0.35% from yesterday and up 29.9...Read More
Today is Wednesday, May 13, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of HollyFrontier Corporation (NYSE: HFC), Bonanza Creek Energy (NYSE: BCEI), and WPX Energy (NYSE: WPX).HollyFrontier Corporation (NYSE: HFC)HollyFrontier Corporation (NYSE: HFC) is a $4.651 billion company today with a one-year return of -31.2%. Let's look at its price-to-earnings...Read More
Think you have it rough right now?You're certainly not alone in that sentiment. The masses are getting restless and, quite frankly, I'm not too sure how much longer Americans can go before their cooped up frustrations hit the breaking point.We're close.But here's one little secret:Things can be much, much worse.Close your eyes for a moment and think of how your time being locked down at home would...Read More
Canadian authorities may launch a national security review of the imminent merger between Endeavour Mining (TSX: EDV) and Semafo (TSX: SMF), which would create West Africa's top gold producer.The proposed deal would bring together six mines into one portfolio, with a combined production estimated at over 1 million ounces a year.In a financial update, Quebec-based Semafo said the director of invest...Read More
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has completed a preliminary economic assessment (PEA) for its Carlin vanadium project in Elko County, 10 km south of the town of Carlin in north-central Nevada."Getting to the PEA level for Carlin was a significant milestone for us and is a key part of the process for unlocking the value of the project," Paul Cowley, the company's president and CEO, said...Read More
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has emerged as the latest suitor eyeing Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) in a recently tabled three-way merger proposal that includes its 19%-owned Gold X Mining (TSX-V: GLDX; US-OTC: SSPFX) to create a new mid-tier, South America-focused gold producer with operations in Colombia and Guyana.Gran Colombia's offer of 0.142 of a share for each G...Read More
Iamgold (TSX IMG; NYSE: IAG) reported high-grade assay results from a drilling program on the Rouyn gold project in Quebec, 4 km south of Rouyn-Noranda and 45 km southwest of its Westwood mine.The assay results came from the Astoria area and the Lac Gamble Zone on the project, optioned from Yorbeau Resources (TSX: YRB) in 2018.Iamgold said that material extracted from the Lac Gamble zone graded 27...Read More
Australia's Lucapa Diamond (ASX: LOM) has recovered a 171 carat gem-quality stone from its prolific Lulo mine in Angola, which was restarted in early May.The miner said the white diamond is the 15th 100-plus carat it has recovered to date from Lulo, and the second 100-plus carat precious rock found in 2020.The diamond was recovered from mining block six, where five other 100-plus carat diamonds ha...Read More
Disney is now losing one billion dollars per month. This was the stock that all the old guard Wall Street bros loved a few months ago - when the plebes were still willing to part with their precious dollars to watch unoriginal and trite comic book rehashes. All Disney - that stalwart of stalwarts - has done is lose a third of its value since it peaked in early December last year. No one is goin...Read More
Gold Springs Resource Corp.'s geologists, Randy Moore and Jackie Kennicott discuss the new Fitch Target at the Gold Springs ...Read More
Canadian precious metals producer SSR Mining said it would to buy Alacer Gold in an all-stock deal valued at C$2.41 billion ($1.72 billion), adding heft as gold prices surge due to demand for the yellow metal in an uncertain economy.Read full newsRead More
"Read full newsRead More
"Great Bear Announces C$20.0 Million Bought Deal Private Placement of Flow-Through Common Shares https://t.co/Uv7AlpzUlk @GreatBearGBR #Gold $GBR $GTBDF"Read full newsRead More
Maxtech Ventures is pleased to announce that the drill program on its flagship Panama Lake gold property including a month long expanded field program will begin this Friday May 15th.Read full newsRead More
Otso Gold Corp. is pleased to announce that the Company has executed a draw-down equity financing facility of up to $8,000,000 CDN with Alumina PartnersRead full newsRead More
"Latin Metals Provides Exploration Update on #Gold and #Silver Exploration Projects, Santa Cruz Province, Argentina https://t.co/tKbzPgvFaJ #mining $LMS"Read full newsRead More
QMX Gold Corporation is pleased to report that it will resume all its scheduled exploration activities, including diamond drilling on its Bonnefond deposit, following the announcement of the Quebec government that all exploration activities can recommence on May 11th.Read full newsRead More
Renforth Resources is pleased to provide shareholders with a pit constrained gold Mineral Resource Estimate for Renforth's wholly owned New Alger Property, located on the Cadillac BreakRead full newsRead More