As it looks to a construction decision for its flagship Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has announced that it has entered into a US$120-million credit agreement with RK Mine Finance for a total of US$120 million. The secured financing facility is intended to fund the construction of the proposed 1,250 tonne per day underground project...Read More
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company. The EPC contract covers construction of the Magino processing facility and other parts of the Magino open-pit pre-development project in Ontario and covers approximately 40% of the $480 to...Read More
Victoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200 million debt facility will cut carrying costs by about 50% in 2021. The credit facility consists of a US$100 million term loan and a US$100 million revolving facility.The loan was used to repay the company's previously outstanding project finance facility, which included senior and subordinated debt that was...Read More
Australia's Lucapa Diamond (ASX: LOM) has kicked off 2021 with a bang with its recovery of a 113 carat gem-quality diamond from its Lulo mine in Angola, the seventeenth rock over 100 carats found at the asset.The company said the discovery was "particularly significant" as it demonstrated that large, high-value diamonds are present in the area that is the focus of its exploration program."Thi...Read More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
One of the unfortunate parts of the Federal Reserve's actions, is that for people who just want to keep their money safe, and think about just putting it in ...Read full newsRead More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
Ivanhoe Capital Acquisition Corp. is raising $200 million to invest in industries key to the global energy transition.Read full newsRead More
This is far bigger than the housing bubble of 2006...Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
Investing icons like Warren Buffett have made their billions over the decades for a reason. I’m an investor looking to follow in these footsteps. If you find yourself in a similar camp, this Canadian stock is for you.Barrick GoldOne of the only Canadian stocks Mr. Buffett’s Berkshire Hathaway has added in the recent past is Barrick Gold (TSX:ABX)(NYSE:GOLD). This Canadian gold min...Read More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
Happy New Year, folks!We made it. And while what transpires between December 31 and January 1 each year doesn't change much in reality, it does offer us a chance to hit the reset button metaphorically.Sometimes that's all we need, right?And to kick off 2021 in good spirits, I have my first prediction of the year.Let's jump right in.The advanced technologies of today and tomorrow are rewriting the...Read More
Maxtech Ventures Inc. is pleased to announce that it has engagedRead full newsRead More
Laurion Mineral Exploration Inc. today announced that it has closRead full newsRead More