VANCOUVER - Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the TSX following news of precious metals sector financier Eric Sprott investing $60 million into the soon-to-be silver producer.The $60-million equity placement saw Sprott buy 4.528 million common shares of Mag Silver at $13.25 apiece to top up the company's treasury from the US$72...Read More
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can't get on-site due to restrictions.S&P Global Market Intelligence in a new report tallies the impact of these mine closures, showing Africa and the Americas hardest hit in terms of the number of suspended operations.South Afric...Read More
Core sample showing visble gold mineralisation in microfractures and veinlets at the Reaper gold discovery. Photo Image from Balmoral Resources. Balmoral Resources (TSX: BAR; US-OTC: BALMF) has made a new high-grade gold discovery at its 100% owned Fenelon property. The property forms part of the company's district-scale Detour Gold Trend project, about 75 km west-northwest of Matagami in Qu?(C)...Read More
Brucejack mine, British Columbia. Image from Pretium Resources. Pretium Resources (TSX/NYSE:PVG) announced adjusted earnings of $25.9 million, or 14 cents per share, in Q1 2020 up from $16.5 million, or 9 cents, in the same period of 2019. The company, which operates the Brucejack Mine in British Columbia, listed net earnings were $6.2 million, or 3 cents, compared to $4.2 million, or 2 cents,...Read More
Just when you thought things couldn't get any crazier, here come the aliens!That's right, on Monday the Department of Defense released several videos that appear to show a UFO. Footage captured by Navy pilots displays a bizarre-looking craft that appears to be defying the laws of gravity and flight.They referred to it as "unidentified aerial phenomena."A pilot in the video actually said "What the...Read More
The COVID-19 crash has sparked a bargain-hunting buying spree for junior mining stocks. Even in crisis, the best exploration ...Read More
Print Versions of the Iconic Publications Maintain 91%+ Pick UpRates Omnichannel media continues to offer advertisers access to a large and influential audience. Consolidating key audience remains a priority as MediaCentral actively pursues synergistic and accretive acquisition opportunities. TORONTO, ON., April 30, 2020- Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) ("MediaCentral" or the...Read More
Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.Read full newsRead More
RambusBefore we look at tonight's Precious Metals charts I would like to make a comment on the US stock markets. I will take some flack over some of the comments I'm going to make but that's fine as it won't be the first time nor the last.Let me start by saying, "The only rule when it comes to trading the stock markets is, "There Are No Rules." The other important rule that I live by is that, "t...Read More
By: Gary SavageGold testing $1,800 resistance, traders should take note of this area and possibility for more bullion banks attacking the metal as they remain heavily short. In the general markets, we are nearing the upside target..http://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold is strong, hard to break it. A lot of money printed and about to be printed and I think this got the gold market's attention:Read More
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) President and CEO of Alamos Gold, John McCluskey, discusses the company's operating gold mines in North America and Mexico.If you cannot view the video above, please visit:https://www.b-tv.com/alamos-gold-mining-ceo-clipRead full newsRead More
"Nexus Gold (@NexusGoldCorp) (#TSXV: $NXS | #OTC: $NXXGF) Contracts Driller for McKenzie #Gold Project, Red Lake, Ontario [https://t.co/uYzFBDGe9W]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #miningstocks #miningrocks"Read full newsRead More
Nexus Gold Corp. has engaged Chibougamau Diamond Drilling Ltd to conduct its upcoming diamond drilling program at the McKenzie Gold Project.Read full newsRead More
Noble Mineral intends to rely on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its audited annual financial statementsRead full newsRead More
Guyana Goldstrike (TSXV:GYA) (OTC:GYNAF) (FSE:1ZT) is pleased to provide an update on the status of the filing of its quarterly financial statementsRead full newsRead More
Newrange Gold is pleased to provide an update on exploration activities at the Pamlico Project in Nevada and North Birch Project in Ontario.Read full newsRead More
"Vext Science (@VextScience) (#CSE: $VEXT | #OTCQX: $VEXTF) Reports Q4 & Full Year 2019 Results [https://t.co/5SKxVJVqV9]- 2019 Revenue increased 21% to $22.3 million- 2019 Net income of $2.8 million- 2019 EBITDA of $3.7 million#investing #stocks #stockmarket #trading"Read full newsRead More
Thursday is your last day to get $200 off your first-year Canadian Insider Club Ultra membership by redeeming coupon 2020 at checkout. Please note the coupon only works for a Canadian Insider Club Ultra membership. If you encounter problems redeeming the coupon at checkout, contact us and we will replace it for you. This discount offer is a good one as it means your first Ultra year will only cos...Read More
He said the Fed expected to maintain interest rates near zero until it was confident the economy had weathered recent events."Next week's jobs report is expected to show that the unemployment rate, which was at 50-year lows just two months ago, has surged into double-digits," he told a press conference."Overall, economic activity will likely drop at an unprecedented rate in the second quarter."The...Read More