Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report final assay results from the winter 2020 drilling program at the Hurricane zone. Discovered in 2018 at the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization. Larocque East is 100% owned by IsoEnergy and is located in the prolific Eastern Athabasca Basin of Sa...Read More
The IMF projected global growth to fall to -3% in 2020, a downgrade of 6.3 percentage points from January, "a major revision over a very short period".The projection also assumed the COVID-19 pandemic and required containment would peak in the second quarter for most countries and recede in the second half of the year.Most key markets closed higher yesterday, with the S&P 500 up 3.06% and the...Read More
Gold prices reached their highest level in more than seven years on Tuesday due to growing concerns over the global economic slowdown as a result of the coronavirus pandemic. A wave of stimulus measures from central banks and governments lifted bullion’s appeal and, consequently, gold stocks value rose as well. The largest percentage gainer on the TSX was Torex Gold Resources, which jumped...Read More
It’s easy to imagine that everything lost value in the market turmoil of March. After all, the COVID-19 pandemic is a global shock that’s disrupted the economy in an unprecedented way. However, one segment of the market retained its value better than all else: gold and gold stocks. What I call gold stocks include any listed security with exposure to the market price of physical go...Read More
The COVID-19 pandemic in 2020 has brought some previously unknown pharmaceuticals firms to the limelight and propelled one small-cap to lead among the best-performing Canadian stocks so far this year.However, there has been a surge in gold prices, as investors took a flight to safe-haven assets. This has been a welcome blessing to well-placed gold producers. But returns on gold stocks are nowhere...Read More
According to the stock market, the crisis seems to be over. If that doesn’t worry you, I don’t know what will. I think there is a good chance we could be testing new highs soon, if not in Canada, then at least in the United States.The United States has stated that cases are slowing faster than expected. Stimulus packages from global governments are seen positive for their economies. Ma...Read More
Image from TAGE. Software company Wind River is collaborating with open-pit miningsolutions provider Beijing TAGE Idriver Technology (TAGE) on a cutting-edgesoftware platform for the development of next-generation autonomous miningvehicles.The mining industry is advancing to fullyautonomous vehicles and machinery in order to improve safety, increaseproductivity, and save costs. TAGE has developed...Read More
The Kibali gold mine in the DRC. (Image courtesy of Barrick Gold) Barrick has bought over 800,000 antibody testing kits to screen workers and the communities around its mines for covid-19, the Financial Times reported Wednesday. "We've got 300,000 kits on the way. We've got about 150,000 in the country already and another 400,000 that we have just finalized [buying]," Bristow told the Financi...Read More
Newfoundland gold mineralization. (Credit: Marathon Gold) Marathon Gold has released the results of 16 diamond drill holes, which extend the strike length of the Berry zone to 350 metres. The drilling targeted both the Berry zone as well as the ground to the northeast, towards the area known as the Frozen Ear Pond Road in Newfoundland. The drilling targeted both the Berry zone as well as the gro...Read More
Mother Lode project. Image courtesy of Corvus Gold. Infill drilling at Corvus Gold's Mother Lode project in Nevada has intersected gold outside of the mineralized blocks at the Main zone and extended the Central Intrusive zone (CIZ) at depth.The drill highlights include 42.7 metres of 1.98 g/t gold and 47.2 metres of 1.43 g/t gold from the Main zone as well as 18.3 metres of 1.82 g/t gold from...Read More
Vale's Ponta da Madeira iron ore terminal. (Image courtesy of Read More
A wide high-grade palladium-nickel-copper zone has been intersected about 60m east of the discovery hole, which hit 19m at 2.59% nickel, 1.04% copper, 8.37 grams per tonne palladium and 1.Read More
Did you want a cut?Well, you got a cut.On the surface, the latest decision by OPEC+ to cut a whopping 9.7 million barrels per day from its May and June output should have sent crude prices ripping higher over the last few days.The market wasn't fooled as crude prices traded lower this morning.If you're wondering why it's because the numbers simply don't add up.They're downright confusing.Fortunate...Read More
A recent Supreme Court decision pertaining to Nevsun Resources could have big implications for other Canadian mining companies with foreign operations, opening them up to human rights claims stemming from their operations abroad.The lawsuit against Nevsun, Nevsun vs. Araya, alleges that the company was complicit in the use of forced labour by a sub-contractor at its Bisha copper-zinc mine in Eritr...Read More
Marathon Gold (TSX: MOZ) has released results of 16 diamond drill holes, which extend the strike length of the Berry zone to 350 metres. The drilling targeted both the Berry zone as well as the ground to the northeast, towards the area known as the Frozen Ear Pond Road.The drill highlights include 14 metres of 8.06 grams gold per tonne; 12 metres of 8.03 grams gold per tonne; and 24 metres of 2.44...Read More
Troilus Gold (TSX: TLG; US-OTC: CHXMF) has released results from three drill holes completed at the Southwest zone within its 160-sq.-km Troilus gold project, northeast of Chibougamau, Quebec. The results appear to confirm a mineralized trend of over 1 kilometre.The drill highlights include 33 metres of 1.65 grams gold-equivalent per tonne, 13 metres of 1 gram gold-equivalent per tonne, and 9 metr...Read More
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory's central west.The company can now conduct exploration activities across nearly 2,025 sq. km near the southern tip of Greenland. The project, to be named Thunderstone, is described as being "hi...Read More
Gold has tallied its fourth straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years.Gold's latest run has likely been spurred by cash injections to mitigate the severe impact of COVID-19 on the global economy, analysts say. Governments worldwide are signing off on massive stimulus measures on top of the near-zero r...Read More
My net worth has barely budged over the past three months. It's down ~3.4% in 2020. There's a lot of pain out there. "Stocks" are down 15% for the year as measured by the S&P. But the S&P and the Dow do not a market make. There is a range of things you can own besides stocks. I hold a lot of cash, for example. Cash (DXY) is in a raging bull market compared to stocks. Let me quantify a lot so...Read More
In an effort to provide relief to companies seeking financing in the turbulent COVID-19 market, the TSX Venture Exchange recently ...Read More