By Avi GilburtOn Thursday, we saw the worst jobless claims number in history (and by far). Yet, the S&P500 futures rallied over 200 points from their overnight lows. So, are we to believe that the "cause" of that rally was the jobless claims?I can assure you that if the market dropped 200 points there would be no question in your mind that the drop was certainly caused by the jobless claim's ann...Read More
'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More
Police say they will carry out patrols in the Dolgellau area after receiving reportsRead full newsRead More
"#Gold companies around the world continue to respond to #COVID19 - read our updated list to learn which have reacted and what they've said. https://t.co/WVSMyoXFno #investing #coronavirus"Read full newsRead More
Junior mining stocks have taken it on the chin like everything else this year. Insiders are bargain hunting, and in its March 25th morning report, INK Research looked at two examples. Watch the short video summary now and read the report on Ultra Money Free. To read the PDF version of the report, look for the paper clip in the lower navigation bar while watching the video. Ivanhoe Mines (IVN) whi...Read More
Getchell Gold Corp. announced that its near term strategy to advance its assets is not impacted by the COVID-19 Corona virus.Read full newsRead More
Emgold has completed the acquisition of 100% ownership of 21 patented and 60 unpatented mineral claims of the New York Canyon Property.Read full newsRead More
Best results include 0.5m core length grading 1584g/t silver and 5.56g/t gold from hole LV20-219Read full newsRead More
MONTR??AL, March 30, 2020 /PRNewswire/ - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF), based in Montr?(C)al, Canada, focused on push-to-talk over cellular communications, today announced that Arlen Hansen, Investor Relations, will present live at VirtualInvestorConferences.com on April 2nd.DATE: Thursday, April 2ndTIME: 11:30 AM ETLINK: https://tinyurl.com/April2TechVICThis will be a liv...Read More
There were 63,159 new confirmed cases of the virus yesterday, taking the global tally to 634,835 people, according to the World Health Organisation.The number of deaths increased by 3,464 to 29,957.The oil price has tumbled towards US$20 per barrel while gold is worth about US$1,630 an ounce on the spot market."In China, workers are returning to factories just to be told about delayed or cancelled...Read More
Over the last few weeks, as stocks have been declining rapidly, gold stocks have been extremely volatile — sometimes moving with the markets and other times moving directly opposite to it. Clearly, investors can’t figure out what’s happening.There’s still plenty of fear in markets, and gold tends to be a safe haven asset. However, up until now, the most in demand asset has...Read More
Rapid test kits for the new coronavirus arrived in Sao Paulo (Image from Vale). The first batch of the 5 million rapid test kits for coronavirus, acquired by Vale, arrived in Brazil on Monday. The shipment of 500 thousand units, coming from China, arrived at Guarulhos International Airport. The remaining 4.5 million units will be delivered by the supplier throughout April.The test kits - produced...Read More
First Cobalt (No.24 on PwC's list of juniors) owns the only fully permitted cobalt refinery capable of producing battery grade material in North America. Credit: First Cobalt Corp For the second time, First Cobalt announced that it has produced battery-grade cobalt sulphate, highlighting the ability of the flowsheet at its hydrometallugical refinery to treat different feedstocks.The latest prod...Read More
TMAC's Hope Bay mine. TMAC Resources has released key results from a prefeasibility study completed for its wholly owned Hope Bay property in Nunavut, which includes an operating mine.Last year, Hope Bay produced 139,510 oz. of gold; with release of its fourth quarter operating results in January, the company announced that it initiated a strategic review process to explore alternatives to max...Read More
SKF, a company which offers solutions for the bearing business, has released a compact and cost-effective vibration and temperature sensor, which monitors the condition of rotating parts on heavy machinery. Designed mainly for use as part of a SKF rotating equipment performance (REP) solution, the SKF Enlight Collect IMx-1 enables customers to reduce unplanned downtime as well as maintenance costs...Read More
Cerro del Gallo project. Image by Argonaut Gold. Canadian producers Argonaut Gold and Alio Gold have entered into an agreement for an all-share merger with Argonaut acquiring Alio to create a diversified intermediate company with output of over 235,000 gold-equivalent ounces annually.With a share exchange ratio of 0.67 Argonaut common shares for each Alio common share, Argonaut and Alio share...Read More
New and existing domestic and offshore institutional investors participated in the two-tranche placement of 694 million shares, which was conducted at 18c per share, a 23.Read More
The company said it was evaluating how to ensure supply of concentrate to its zinc smelters following the loss of volumes from Tara, Europe's largest zinc mine.Canadian bank BMO forecast Tara would produce about 135,000 tonnes of zinc in concentrate in 2020, representing 45% of Boliden's total zinc production this year.BMO said the 14-day shutdown would have "relatively limited impact on overall p...Read More
Namibia's mining sector is centred around uranium, with the Rossing and Husab mines accounting for more than 10% of global supply.China-backed Rossing Uranium, previously controlled by Rio Tinto, said it would stop normal operations on Saturday "and enter a period of minimal mining operations", with critical maintenance work to continue.Other assets of significance include B2Gold's Otjikoto mine,...Read More
Gold is a very special metal.It has properties that make it useful as a natural money.It's exceptionally malleable and one of the only natural-colored metals, making it ideal for jewelry and decoration.It has great electrical conductivity, it's biocompatible with humans, it has catalytic properties, and it's completely resistant to natural corrosion - gold will never naturally oxidize or deteriora...Read More