FenixOro Gold Corp. (CSE:FENX) (formerly, American Battery Metals Corp.) has been approved for listing on the Canadian Securities Exchange following the closing of our acquisition, through amalgamation with our wholly-owned subsidiary, of Fenix Gold Inc.Read full newsRead More
Updated (adds COVID-19 news from South Korea) - We have a survival theme of sorts today on INK Ultra Money First, we head to the oil patch where a natural-gas focused junior has made an impressive comeback. Next, we hear an analysis about the state of Europe on Real Vision.For those who missed the premium Raoul Pal interview Monday with Galaxy Digital (GLXY) CEO Michael Novogratz, I provide my...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced it is increasing previously announced financing for gross proceeds of $1.0M to $1.4M.The Company intends to complete the non-brokered private placement of 28,000,000 units of the Company ("Units") at a price of $.05 per Unit, for anticipated aggregate gross proceeds to the Company of approxima...Read More
Before the New Year, I’d discussed why gold was my favoured bet over Bitcoin for 2020. At the time, there were several positive trends for the yellow metal. However, no one could have predicted the impact a global pandemic could have on precious metals this year. The spot price of gold per ounce managed to surge to a seven-year high in 2020. Gold stocks have predictably performed well. The s...Read More
Ken Lapierre at Rockcliff Metals' Talbot polymetallic project in Manitoba. Credit: Rockcliff Metals. Phase one drilling at Rockcliff Metals' (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over 2.3 metres and 4% copper-equivalent over 4.7 metres.The drill program also pinpointed the historic Last Hurrah zo...Read More
Northern lights in the southern part of the Abitibi. Image from Abitibi Royalties. Colombia-focused Caldas Gold (TSXV: CGC) is casting its eyes on Canada with plans to acquire the Juby gold project, about 11 km southeast of the Timmins gold camp in Ontario in the southern part of the Abitibi greenstone belt.The company's flagship asset is its Marmato gold project in Colombia's Middle Cauca gold...Read More
Recovering drill core from Cypress Development's Clayton Valley lithium project in Nevada, in 2017. Credit: Cypress Development With an initial $493-million investment, Cypress Development's Clayton Valley lithium project in Nevada could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to a prefeasibility study released this week.At an 8% disc...Read More
The Carscallen gold project in the Timmins gold camp of Ontario. Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp of Ontario.The Toronto-based gold miner, whose high-grade mines in Canada and Australia produced 974,615 oz. of the precious metal last year...Read More
Zambia (Image from Needpix) Barrick Gold (NYSE:GOLD)(TSX:ABX), owner and operator of the Lumwana copper mine, announced Thursday it has donated 10 computers to the University of Zambia School of Mines and agreed to help repair the Kakayindu Police Post, in line with its commitment of creating long-term value for its host countries and communities.Established in 1973, the University of Zambia Scho...Read More
Kirkland Lake (TSX: KL) is set to invest C$1 million at 80c per unit in Melkior.Read More
Once again, "we're heavily reliant on the Chinese market to prop up global growth at the current time," he said in a podcast presented as part of Singapore Stock Exchange's Commodities UnpluggedRead More
NRW generated A$1.6 billion of revenue for the first 10 months of 2019-20, with earnings estimated at $177 million, or a normalised $107 million.Read More
Last week, I told you about a new opportunity to make a ton of money in the psychedelics space.Since that article, one of my early psychedelics picks skyrocketed from $0.71 to $1.74 a share.That's a 145% gain in just seven trading days.And that, dear reader, is how fortunes are made.I know, because this is exactly what I did in the renewable energy space back in 2006, and it's what I did more rece...Read More
Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp of Ontario.The Toronto-based gold miner, whose high-grade mines in Canada and Australia produced 974,615 oz. of the precious metal last year, is investing $1 million in a non-brokered private placement for up...Read More
Phase one drilling at Rockcliff Metals' (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over 2 metres and 4% copper-equivalent over 5 metres.The drill program also pinpointed the historic Last Hurrah zone on the property, which is 3.5 km southeast of the past-producing Spruce Point copper-zinc mine, and with...Read More
With an initial US$493-million investment, Cypress Development's (TSXV: CYP) Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to a prefeasibility study (PFS) released this week.At an 8% discount rate, the project has an after-tax net present value of US$1.1 billion, an internal rate of return of 25.8%, and a...Read More
Canada Nickel Company (TSXV: CNC) has discovered two new palladium-platinum zones and extended nickel mineralization at its wholly owned Crawford nickel-cobalt project located in the Timmins-Cochrane mining camp, 40 km north of Timmins, Ontario.Discovery holes drilled in the East zone at the property have doubled the strike length of the nickel mineralization, while partial assays from a third hol...Read More
Colombia-focused Caldas Gold (TSXV: CGC) is casting its eyes on Canada with plans to acquire the Juby gold project, 11 km southeast of the Timmins gold camp in Ontario in the southern part of the Abitibi greenstone belt.The company's flagship asset is its Marmato gold project in Colombia's Middle Cauca gold district, 80 km south of Medellin. Caldas is a spin-off of Gran Colombia Gold (TSX: GCM; US...Read More
U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA).This also represents a steep decline compared to the 4.89 million lb. the U.S. produced five years earlier.The production of uranium concentrate is the first step in the nation's nuclear fuel production proce...Read More
Australia's Danakali (LSE: DNK) is in the final stages of completing the second phase of development of its world-class Colluli potash project in Eritrea, Africa.The front-end engineering design (FEED), expected to be finished in June, will take the company a step closer to the construction phase and then onto production in 2022, Danakali said.The three key objectives set for the second phase of d...Read More