Gold stock Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) is not the stock to buy when the economy is booming and/or recovering. So as the market soared as it digested the exciting coronavirus vaccine news out of pharmaceutical giant Pfizer on Monday, gold stocks like Barrick got hit hard.Down 12% in the last few days, is Barrick Gold stock headed even lower? Is it time to abandon the safety of gold stock...Read More
The Northern Miner's Global Mining Symposium this week featured an interview with Canadian mining entrepreneur Rob McEwen, chief owner and chairman of McEwen Mining (TSX: MUX; NYSE: MUX).The legendary investor, perhaps best known for transforming Goldcorp into a global powerhouse and revitalizing the Red Lake gold mine in Ontario, shared his philosophy on everything from how to pick the right comp...Read More
O3 Mining (TSXV: OIII) is adding drill rigs across its Alpha and Malartic properties in Val d'Or, Que., and the explorer now has a total of six rigs turning at the two projects.Two drills are operating at the Malartic property, scheduled to drill 45,000 metres, and four are at Alpha, where they will aim to complete 100,000 metres.O3 president and chief executive Jose Vizquerra said the exploration...Read More
West Africa-focused gold miner Roxgold (TSX: ROXG; US-OTC: ROGFF) has added near-surface, open-pittable reserves and resources to its mineral inventory at its underground Yaramoko mine complex in Burkina Faso. The company released a resource and reserve update, which shows net ounce growth at the site, after mining depletion.With the latest additions, Roxgold has 820,000 tonnes of probable reserve...Read More
For better or worse, the decision of the people in Washington, D.C. affects every last one of us. People can post about it in all caps on Facebook. They can hold up signs on the side of the road. They yell at their TVs over it all they want. That doesn't change the reality of the situation. Likewise, the reality is that we'll be seeing a changing of the guard in D.C. in January. And like any time...Read More
EMX Royalty Corp. provides shareholders with a diversified project generation and royalty asset portfolio. Our global business ...Read More
Straightup Resources or theRead full newsRead More
Novo Resources (TSXV:NVO) is a gold exploration and development company with a pipeline of conglomerate gold projects in Australia's Pilbara gold region.Read full newsRead More
African Gold Group, Inc. is pleased to provide an update on its cRead full newsRead More
Portofino Resources INC. announces that further to its previouslyRead full newsRead More
K9 Gold Corp. is pleased to update the 2020 exploration program fRead full newsRead More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Earnings season has taken a back seat to some major news the last few days. The U.S election and the news of a potential coronavirus vaccine have been front and centre. These events are definitely big market movers, and TSX stocks had a massive rally as a result.The presidential election is crucial, as it will shape how North American markets perform over the next four years. So too is a prom...Read More
Broader stock markets changed course on the vaccine news yesterday. While TSX stocks at large gained big, the top-gainer sectors of 2020 like tech and mining tumbled on November 9. But what should long-term investors do?ShopifyShopify (TSX:SHOP)(NYSE:SHOP) is unarguably one of the biggest winners of the coronavirus pandemic. Probably that’s why investors turned cautious and felt like booking...Read More
Could the pandemic soon be over? That was the mood in the markets Monday morning. With Pfizer (up 10%) trumpeting 90% efficacy in trials of its COVID-19 vaccine candidate, the TSX Composite Index shot up 1.56% before noon. Investors may wish to temper their expectations, however. While the rollout of a workable vaccine signals the end of the pandemic, the effects of the crisis will continue to wei...Read More
The gold price is similar to this point yesterday, at US$1,877 an ounce on the spot market.US president Donald Trump is continuing to say he will win the election, which was held last week and widely considered won by rival Joe Biden.Independence Gold (TSXV: IGO) was a standout in Toronto, on reporting 67.6m averaging 3.63g/t gold and 132.83g/t silver from 51m at its 3Ts project in British Columbi...Read More
Arrow Minerals Ltd (ASX: AMD), as a result of its 2019 merger with Boromo Gold, is an emerging gold exploration company, with about a $10 million market cap, advancing its projects in Burkina Faso and Western Australia, two of the most prospective and fast-growing geological environments in the world. We learned from Howard Golden, Managing Director of Arrow Minerals, that with the discovery over...Read More
It's day 242 of the COVID-19 pandemic. Yesterday Pfizer said it has a vaccine for the dreaded malady that has a 90% effective rate and is in Phase 3 trials.The stock market launched. Or I should say those stocks that had been big winners sold off and those that were losers jumped - but still not high enough to be year-to-date winners.Like Bob Dylan once wrote, "The slow one now will later be fast,...Read More