O3 owns 435,000 hectares of ground in Qu?(C)bec, including 61,000 hectares in Val d'Or. (Image by Tobie Charette, Wikimedia Commons) O3 Mining (TSXV:OIII) announced Thursday it has expanded its current drill program in Val d'Or, Qu?(C)bec, by 200%, which include the Malartic, Alpha and East Cadillac properties.So far, the company has drilled approximately 26,000 metres as part of a 50,000-metre p...Read More
Flows in the region are historically more correlated with gold's price behaviour and while much of the March volatility has receded, many of the same price drivers remain in place, including new ones such as questions over how the lower, or negative, rate environment, coupled with a quick uptick in inflation expectations, augurs for gold.Also impacting demand is the continued social and economic u...Read More
The Environmental Protection Authority recommended the project for approval late last year, but an appeal was lodged.Read More
It wasn't easy to write today's article.It hasn't been easy to do much of anything lately, to be honest.Mornings are now spent sifting through the news of violence and intolerance.Afternoons are spent trying to pull me out of a state of depression and frustration long enough to get in a workout. And at night, after dinner, I take long walks, smoke a little weed, and try to forget about all the sh...Read More
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) is bolstering its defences against a takeover by fundraising to raise a minimum of ?16 million (US$20 million) as top miners try to take advantage of the global economic downturn caused by the coronavirus pandemic.The move follows a royalty financing agreement with streaming company Franco Nevada (TSX: FNV; NYSE: FNV), inked in May. The deal gu...Read More
Takeover target Guyana Goldfields (TSX: GUY) said it has received a proposal from a "foreign-based multinational miner" valuing the company at $323 million (US$240 million), which is 35% higher than a previous offer from Silvercorp Metals (TSX: SVM; NYSE: SVM).The Canadian miner was first approached in April by Silvercorp, which put forward a C$105 million (US$75 million) cash and share deal. That...Read More
Drilling at Callinex Mines' (TSXV: CNX; US-OTC: CLLXF) 118-sq.-km Nash Creek project in the Bathurst mining district of New Brunswick has encountered a new zone of silver mineralization, 9.6 km away from the deposit, as well as a new area of near-surface zinc and lead, 1.3 km to the west of existing resources.The company has released the results of five drill holes: 19-306 returned 19 metres of 36...Read More
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has reported the first resource estimate for the Panteon deposit at its Limon mine in Nicaragua.The high-grade vein is about 150 metres from the company's producing Santa Pancha underground mine.Panteon has 90,000 indicated tonnes grading 9.88 grams gold per tonne for 29,000 contained oz. gold and another 303,000 inferred tonnes averaging 6.79 grams gold pe...Read More
Copper advanced to a 12-week high on June 4 as China's US$700 billion stimulus program focussed on so-called "new infrastructure" and "new urbanization" kicked into gear.Copper trading in New York jumped to US$2.5025 a pound (US$5,515 a tonne) in midday trading, bringing the bellwether metal's gains since its mid-March low to just under 27%.BMO Capital Markets pointed out in a research note that d...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) is starting a 30,000-metre underground and surface diamond drill program at its wholly owned PureGold Red Lake mine. The program will be focused on near-term mine plan optimization, resource growth and target new high-grade discoveries.Pure Gold expects to pour first gold at the mine before the end of this year."We believe strongly in the organic growth poten...Read More
Turn on any news channel and it looks like something out of a work of dystopian science fiction. Gangs of cops, clad in body armor, their faces hidden behind visors and masks, walk the streets. God help anyone who crosses their path. Overhead, a glowing sign looms. A politician's smiling face sits next to a reminder that curfew starts at 8. Military vehicles move in convoys down those same stre...Read More
24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More
With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them. By now, the spun story that investors are looking past the pandemic and focusing on renewed growth is sounding increasingly farfetched. Some econom...Read More
By: Gary SavageThe US Dollar Index has broken through support and is heading lower. Where to next?https://blog.smartmoneytrackerpremium.com/Read More
Steve St. Angelo, SRSrocco Report What goes up, must come down. And, this is most certainly true for the mighty North Dakota Bakken... the second-largest shale oil-producing region in the United States. Even after the global contagion fades away, the North Dakota Bakken has likely reached peak production. According to a new chart by Jean Laherrere, from his recent work titled, Negative WT...Read More
By: Ira Epstein18-day moving average near 1740, strong support in the lower $1700's:Read More
We are proud to present several companies which are new to the Investing News Network.Read full newsRead More
Northstar Gold Corp. is pleased to report recently received assayRead full newsRead More
Today, we hear from Teddy Vallee, founder and chief investment officer of Pervalle Global. Looking over a long-term horizon, he sees negative real returns for US equities. However, he expects there will be opportunities to make money by trading and potentially investing in markets with a better outlook than the US. He has been bullish on gold miners and going forward he is very bullish on bitcoin...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has entered into an agreement with a reporting insider of the Company in connection with a non-brokered private placement financing (the "Offering") pursuant to which the insider has agreed to subscribe for up to 1,400 senior unsecured convertible debentures (the "Convertible...Read More