The company has identified four targets at the Decar Nickel District project in central British Columbia, referred to as Baptiste, Sidney, Target B and VanRead full newsRead More
Adamera Minerals Corp. announces a non-brokered private placementRead full newsRead More
Loop Insights Unveils Latest Global Partner, Germany-Based PasscreatorRead full newsRead More
The program, which gives investors alternative exposure to Bitcoin via mining hardware, is available to accredited investors around the world.Read full newsRead More
Futures indicate a similar result today.The World Health Organisation said there were more than 99,000 new cases reported yesterday, taking the global tally to almost 5.5 million and there had been 349,190 deaths.Base metals closed mainly lower in London yesterday as data out of China indicated its slow recovery was continuing."However, profits at state-owned enterprises dropped 46% in the first f...Read More
Canadian gold stocks after the end of the Great Recession were under significant pressure, as the price of gold nosedived. The yellow metal has been one of the few assets to have performed strongly since the start of 2020. Some analysts are tipping that gold could soar to as high as US$3,000 an ounce. This optimistic outlook is a boon for gold miners, despite the operational impact of the cor...Read More
There’s an interesting relationship between gold and oil prices. According to Market Realist, which provides institutional-quality market research, more than 60% of the time, gold and crude oil have a direct relationship.This means that when gold prices rise, crude oil prices also tend to rise, and vice versa.Right now, there’s a big disconnect between gold and oil prices. The gold pri...Read More
Aerial view of the Kiena mine complex in the Province of Quebec. Photo Credit: Wesdome Gold Mines.Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly-owned Kiena mine complex, about 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The PEA estimated a mine life of eight years producing an average of 85,931 oz. of gold annually at...Read More
Endeavour's flagship Hound?(C) mine in Burkina Faso. (Image courtesy of Endeavour Mining) Endeavour Mining (TSX:EDV) shareholders on Thursday voted overwhelmingly in favour of the previously announced acquisition of fellow Canadian gold miner Semafo (TSX: SMF) in a deal worth C$1 billion.Pursuant to the agreement, Endeavour will indirectly acquire all Semafo common shares on the basis of 0.1422...Read More
Gualcamayo mine, Argentina. Image courtesy of Image courtesy of Image courtesy of The Northern Miner. Yamana Gold (TSX: YRI; NYSE: AUY) has completed its previously arranged sale of a portfolio of royalty interests to Nomad Royalty Company for total consideration of $65 million.The sale agreement also includes the contingent payment to be received upon declaration of commercial production at the...Read More
El Cubo project. (Image courtesy of Endeavour Silver.) Canada's Endeavour Silver (TSX: EDR) (NYSE: EXK) has resumed operations at its three underground silver-gold mines in Mexico, following approvals from the country's health authorities.The Vancouver-based silver producer noted its mines and plants were ramping up to achieve normal operations. It also said exploration crews would restart ma...Read More
The Jean Marie project is located 180 kilometres north of the city of Prince George, pictured here. (Image by Eurydemus, Wikimedia Commons). Pacific Empire Minerals (TSXV: PEMC) announced it has entered into an option agreement to acquire a 100% interest in the Jean Marie project in central British Columbia, Canada.To become the sole owner of Jean Marie, Pacific Empire has to make a total cash pa...Read More
"London is the right location," Bell said in a note on Wednesday, pointing to the lack of large scale, listed precious metals businesses "and the city's familiarity with more "challenging" jurisdictions".However, Bell told readers: "Don't assume "Randgold 2.0"."Randgold Resources traded at a +30% premium to immediate peers prior to its merger with Barrick so some may extrapolate this to AngloGold....Read More
Minas Gerais Public Prosecutor (MPMG) said in a translated statement the injunction represented the highest amount ever recognised in a lawsuit of this nature in Brazil.The judge's decision had been made without the miner's prior knowledge, Vale (BZ: VALE3) said in a statement yesterday.It understood the lawsuit alleged Vale had, through its employees' actions, hindered the inspection activities o...Read More
Share this articleGreat Atlantic Resources Corp. [TSXV:GR] is pleased to announce it has begun the 2020 exploration program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. Exploration will be conducted this year in numerous regions of the property focusing on areas of gold bearing quartz veins and quartz vein float and areas of gold soil geochemical anomalies. E...Read More
We learned from Interview with Kargl-Simard, President, CEO and Director of Adventus Mining Corporation (TSX-V: ADZN; OTCQX: ADVZF), that they are an exploration and development company, focused on building a copper-gold business in Ecuador. Adventus Mining is run by an all-Ecuadorian team, has one of Ecuador's largest and most respected private organizations - Nobis Group of Ecuador - as one of i...Read More
Those who got in early on the cannabis boom, buying shares of some of these cannabis companies while many were still just penny stocks, made a lot of money.I'm talking about companies such as: Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), Aphria, Inc. (NYSE: APHA (TSX: APHA), Aurora Cannabis (NYSE: ACB) (TSX: ACB), Curaleaf (CSE: CURA) (OTCBB: CURLF), and Cronos Group (NASDAQ: CRON) (TSX: CRO...Read More
Two weeks ago, I lost another friend to addiction.This is the second one this year.The first was a friend of mine who was a heroin addict and overdosed, after being clean for more than a year.The second, and most recent, was Nick, who I've known for about 20 years. We're still waiting on the toxicology report to find out what happened, but I'm certain prescription opioids were involved, as I know...Read More
Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The PEA estimates a mine life of eight years producing an average of 85,931 oz. gold annually at cash operating costs of US$374 per oz. and all-in sustaining costs (AISCs) of US$512 per ounce.The early-sta...Read More
Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold (TSX: YRI; NYSE: AUY) and streaming assets from Orion Resource Partners.In addition to the two vend-in transactions, Nomad also completed a private placement financing of $13.3 million.Previously listed o...Read More