The Canadian company is Colombia's largest underground gold and silver producer. (Image courtesy of Gran Colombia Gold.) Gran Colombia Gold (TSX: GCM) announced on Tuesday that it produced a total of 18,129 ounces of gold in May, about 98% of gold production in the same month last year. The largest underground gold and silver producer in Colombia reported total gold production for the first five...Read More
Wage would not comment on the specifics of the various Australian SOP projects, which include Agrimin's Lake Mackay, Reward Minerals' Lake Disappointment and Salt Lake Potash's Lake Way projects, butRead More
Prime minister Scott Morrison said yesterday that delays in approvals under the Environment Protection and Biodiversity Conservation Act 1999 cost industry A$300 million alone in 2019.Read More
Share this articleTORONTO - RNC Minerals has changed its name and stock ticker.The Toronto-based mining company now known as Karora Resources Inc. will have its stock trade beginning Wednesday under new symbols.Shares and warrants will trade under the symbols KRR and KRR.WT respectively.RNC says the new name more accurately reflects its business focus on growing gold production in Western Austral...Read More
CBLT Inc. (TSXV: CBLT) is a natural resource company, targeting cobalt in ethical traceable mining jurisdictions. We learned from Peter Clausi, CEO of CBLT, that they were able to finance the Company on a non-dilutive basis, by selling off some of their cobalt assets for very high profits. Near term plans include acquiring silver properties in North America, either past producers or grassroots gre...Read More
Gold has been a great investment for the last five years. It has gone from $1,320 an ounce to $1,779 an ounce with just a few hiccups.At the moment, the price of gold is a bit off its all-time high and sits at $1,731.It's not as cheap as it was, but it is far from a mania...I've yet to hear a taxi driver or waitress tell me to buy gold. The strip mall stores are closed, there are no "buy gold" com...Read More
Share this articleToronto-based Barrick Gold Corp. says it has cashed in most of its shares in Hong Kong-listed Shandong Gold Mining, taking advantage of an increase in price as world gold prices strengthen.It says it realized US$210 million (C$285 million) from the sale of 79.3 million shares of the Chinese state-controlled company at a price of HK$20.50 per shareBarrick says it purchased the...Read More
Fortescue Metals Group (ASX: FMG), the world's fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by 2040, ten years earlier than its closest rivals BHP, Rio Tinto and Vale.Further, the Australian miner expects to slash operational emissions 26% by 2030. Fortescue had previously signalled that it intended to be carbon-neutral by the "second half of...Read More
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has started a preliminary feasibility study (PFS) for the Eskay Creek gold-silver project in the province's Golden Triangle area."The PFS is the next step in the evolution of Eskay Creek, as we move this high-grade, open-pit project towards development and through to commercial production," Shane Williams, the company's COO, said in a press release.As th...Read More
Libero Copper & Gold (TSXV: LBC; US-OTC: LBCMF) has announced its exploration plans for the 260-sq.-km Big Red property within the Golden Triangle.The company plans to first complete a surface program at the site, with mapping and collection of 600 rock samples scheduled over the next month. These results will then help guide a 3,000-metre drill program slated for July. The first phase of drilling...Read More
The Federal Reserve, guided only by its own decree, made a surprise announcement yesterday that it will be diving into direct corporate bond purchases, including junk bonds.We knew this was a possibility, and the Fed has already bought up about $5.5 billion of ETFs that track bonds, but this is a different beast.This is part of a $250 billion program, the Secondary Market Corporate Credit Facility...Read More
If it isn't grown, it has to be mined. You've probably heard some variation of this saying. It is used by people concerned about the environmental effects of mineral depletion, as well as people bullish on mining stocks. Although these two groups have a very different emphasis when they speak it, they are both right - mining is big business. Almost every commercial product has elements th...Read More
The case for owning gold stocks has never been stronger.Read full newsRead More
Defence Metals Corporation pilot floatation plant on the TSX.V under ticker DEFNRead full newsRead More
Strengths? The best performing precious metal for the week was gold, up 2.78 percent. After its 1.7 percent drop last Friday, gold rose back above $1,700 an ounce this week as investors took advantage of buying the dip. Commerzbank AG analyst Carsten Fritsch told Bloomberg that gold price declines are still seen as a buying opportunity. "Central banks are not expected to revers...Read More
- Dave Kranzler, Mining Stock Journal"No one ever loses equity in a bankruptcy case," U.S. Bankruptcy Judge David Jones said during a status conference in the J.C. Penney case last month. "Equity gets lost long before the case is filed."Hertz filed Chapter 11 under the U.S. Bankruptcy Code after the market closed on May 22nd. The filing was well telegraphed. The next day the stock took a cliff...Read More
Hot on the heels of yet another press release that they will be buying corporate bonds, US equity markets all spiked into the green for the day.Read full newsRead More
Today, INK Research turns its attention to a Canadian biotechnology stocks that has been soaring on the back of renewed investor interest in the Canadian Healthcare sector. Two years ago, investors flocked to the group to chase pot stocks. This time around, investors seem to be more interested in genuine health care names that focus on using scientific research to develop therapeutics for COVID-1...Read More
Signature Resources Ltd. is pleased to announce the commissioningRead full newsRead More