Integra Resources (TSXV: ITR; US-OTC: IRRZF) will delay an updated resource estimate for its DeLamar gold-silver project in southwestern Idaho after drill core from a step out hole nearly half a kilometre from the project's current resource assayed 2.53 grams per tonne gold equivalent over nearly 110 metres."Relative to everything we did in 2018, this one drill hole in particular is a real game ch...Read More
Guyana Goldfields Inc. (TSX:GUY) has a history of impressive runs.In 2004, shares shot up by 1,000% in 6 months. In 2006, shares doubled in 30 days. Following the financial crisis in 2009, shares experienced another 1,000% run. Most recently, shares tripled in 2016.Unfortunately, repeated strong runs were always a result of similarly sized downturns. Recently, shares have fallen 75% from their hig...Read More
The post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January 17th, the Russell 2000 index experienced only two down days.Make no mistake, this is primarily a vicious short-covering and hedge fund...Read More
The FTSE100 closed lower as British prime minister Theresa May has to come up with a "Brexit Plan B" after her government survived a no-confidence vote.Precious metals miner Fresnillo (LSE: FRES) was among those posting the biggest declines yesterday on the London Stock Exchange, down 2.96% on no news.Rio Tinto also closed lower, down 0.59%, while metals and mining stocks rose a collective 2.04% i...Read More
Trevali Mining's Caribou zinc mine in the Bathurst Mining Camp of New Brunswick. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, LMA; TREVF-OTCQX; 4T1-Frankfurt] on Thursday January 17 announced a leadership change, along with weaker-than-expected production guidance for 2019.The company said CEO Mark Cruise and Chairman Mike Hoffman both plan to step down as part of a leadership transit...Read More
Kirk WoodmanCanadian geologist Kirk Woodman was kidnapped and later killed on Wednesday (January 16, 2019) while he was working in Burkina Faso, West Africa.The veteran geologist was employed by Progress Minerals Inc., a privately-owned Vancouver minerals exploration company.Progress has confirmed that its exploration camp near Tantiabongou in the Sahel region of northern Burkina Faso near the fro...Read More
Share this articleTORONTO - The killing of a Canadian mining company executive in Burkina Faso is drawing attention to the deteriorating security situation in the country and the risks resource firms face in unstable regions.Kirk Woodman, who was working for Vancouver-based Progress Minerals Inc., was found dead after being kidnapped from a company exploration camp in the country Tuesday.The...Read More
You know the old saying...Money talks, bullshit walks.And nowhere is this more evident than in the legal cannabis space.Earlier this week, New York Senator Chuck Schumer rolled out the red carpet for a Canadian-based cannabis company that could soon end up investing up to $150 million in the Empire State's legal hemp market.That company is Canopy Growth Corporation (NYSE: CGC)(TSX: WEED), and if t...Read More
A data center and technology campus that takes advantage of the cool, dry climate at 10,300 feet was the winning idea in the inaugural Henderson Sustainability Challenge.Colorado School of Mines students worked with Climax Molybdenum, a Freeport-McMoRan company, and community members for an entire semester to envision innovative ways to sustainably repurpose the Henderson Mine property following t...Read More
Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier by as-yet unidentified individuals.According to a statement by Burkina Faso minister of foreign affairs Alpha Barry, Woodman was kidnapped near the village of Tiabangou at the Bira Trend exploration site o...Read More
Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018's fourth quarter, propelling its 2018 gold production to 37,108 oz. gold, a slight improvement over 2017 gold production.The company processed 45,538 tonnes of run of mine ore from its Palito and Sao Chico gold mines - its highest quarterly throughput of the year - at an average grade of 7.39 grams gold per tonne, as well a...Read More
Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs (AISC) of US$985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the thir...Read More
The drilling contractor managed to bring in $116 million in revenue in 2018, a 3% drop year-on-year, despite its average revenue per month per operating rig falling away significantly in the lastRead More
Marijuana stocks have come a long way... but it hasn't been an easy ride.Just ask any marijuana investor who bought shares last year. They may have been tearing their hair out, as I was many times throughout the year.You can watch our horror unfold by the movements of the Horizons Marijuana Life Sciences ETF (HMMJ.TO) chart in the last year:This ETF charts the "equity securities of life sciences c...Read More
The price of palladium is breaking records.And the financial media is buzzing about the white metal.But before you get sucked into the palladium hype, there are a few things investors should know.Palladium Price 1-YearIn the past five months, palladium prices have increased by almost 60%. Yesterday, the price of palladium soared to over $1,400 an ounce, an all-time high for the metal.That's $100 m...Read More
"Goldplay Exploration Announces Engagement of Relations Publiques Paradox Inc. for Investor Relations Services https://t.co/2wNqMqfUCl @goldplay_gply"Read full newsRead More
"Newmont Mining to buy Goldcorp in a $10 billion deal to create the world's largest gold producer https://t.co/TXXUEcgXLH"Read full newsRead More
"The AMCU has informed Sibanye that it will begin secondary striking at the miner's South African PGMs operations beginning next week. https://t.co/cndzivdC2o #SibanyeStillwater #mining #gold #investing #INN"Read full newsRead More
CloseGain/LossGold $1293.30+$4.10Silver$15.59+$0.02XAU69.54+0.24%HUI153.70+0.41%GDM576.19-0.14JSE Gold1320.65-24.40USD96.07+0.14Euro113.96-0.16Yen91.94-0.42Oil$52.31+$0.2010-Year2.721%+0.003T-Bond145.46875+0.125Dow24207.16+0.59%Nasdaq7034.69+0.15%S&P2616.10+0.22% The Metals: Gold edged up to $1292.70 in Asia before it pared back to $1288.00 in London, but it then climbed to a new 6-month h...Read More
Gold Holds Steady Over ?1,000 - Increased Likelihood Of A Disorderly Brexit- Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote- Gold is consolidating in range between $1,280 and $1,300/oz (over ?1,000/oz and EUR1,100/oz) - A break of resistance at $1,300 will likely see gold rise rapidly in all currencies- Physical demand for gold coins and bars has picked up i...Read More