Drug trafficking, battles between state forces and armed groups, extortion and illegal gold mining have transformed southern Venezuela into a region where citizens live in a parallel state ruled by organized crime. Read full newsRead More
The widely-held mega-cap stocks that dominate the U.S. markets recently finished reporting their Q4 2018 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fared offers insights into whether...Read More
The company said in a February 20 statement it had received authorisation from the Guyanese Environmental Protection Agency to resume construction and development work on an underground explorationRead More
The Red Chris copper-gold mine in northwest British Columbia - now owned 70% by Newcrest Mining and 30% by Imperial Metals. Photo courtesy Imperial Metals Corp.Imperial Metals Corp. [III-TSX; IPMLF-OTC] shares rallied sharply Monday March 11 on news that the company has agreed to sell a 70% stake in its Red Chris copper and gold mine to Newcrest Mining Ltd. [NCM-ASX] for US$806.5 million in cash...Read More
Barrick Gold's Turquoise Ridge mine in Nevada. Source: Barrick Gold Corp.Barrick Gold Corp. [ABX-TSX, NYSE] has abandoned its hostile bid for Newmont Mining Corp. [NEM-NYSE] and will instead create a joint venture that will combine the two companies' Nevada gold mining operations.The deal, announced on Monday March 11, allows Newmont to complete a friendly merger with Goldcorp Inc. [G-TSX; GG-NYSE...Read More
H.E. Mithat Cans??z, Deputy Minister of Energy and Natural Resources of Republic of Turkey. Photo courtesy Government of Turkey.In an interview with Resource World magazine, H.E. Mithat Cans??z, Deputy Minister of Energy and Natural Resources of Republic of Turkey, provided insight as to how his government is taking steps to encourage mineral exploration and mining.RESOURCE WORLD: What metals and...Read More
It's already being called "the Tesla of the Sea"...And this thing could to turn the entire boating and shipping industry on its head. We're talking a complete paradigm shift here.Austrian-based yacht builder Silent Yachts recently unveiled the world's first and only solar-powered electric yacht.Named the Silent 80, the vessel has 70 solar panels, electric motors, and uses the same type of lithium-...Read More
The Dow Jones Industrial Average fell 2.21% to finish the week at 25,450.24, and the S&P 500 Index lost 2.20% to end the week at 2,743.07. Spot gold rose US$4.80 per oz. to US$1,297.70 per oz. gold.Yamana Gold, Glencore and Goldcorp have reached an agreement under which the companies propose to integrate Yamana's wholly owned Agua Rica project with the Alumbrera mine in Argentina's Catamarca provi...Read More
Canada's benchmark index fell 0.44% to 15,996.21 to start March 2019 after a strong February. The S&P/TSX Global Mining Index rose 0.43% to 73.60, and the S&P/TSX Global Gold Index rose 3.7% to 195.25. The gold price rose 0.37% to US$1,297.70. Shares of Serabi Gold rose 32.1% to 80 ?. In early March 2019, the company boosted the mineral resource for its Coringa gold project in Brazil 37% to 845,00...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has reported the last four holes from its 2018 drill program at its contiguous Arnett and Beartrack gold projects in Lemhi County, Idaho, 17 km from the town of Salmon.The company drilled 900 metres across six holes at Arnett's Haidee target in November 2018. Before that, it drilled 7,700 metres across 15 holes at Beartrack."The focus of the drilling in 2018...Read More
Gold futures recently hit prices not seen since April of 2018. That rally may have been a case of "too fast too soon" and profit-takers quickly stepped in.We are making higher lows but are not in breakout mode just yet.The higher base is positive and, as expected, the post-tax-loss selling rebound in the juniors has been solid.Speculative companies like Gainey Capital, once buried at C$0.04, now t...Read More
Foran mining is led by a management team with a proven record of adding shareholder value and taking projects to production.Read More
"Newcrest to acquire 70% of Red Chris gold/copper mine in British Columbia's golden triangle for US$806.5m $NCM $III.ca https://t.co/e4yTUAHxvZ"Read full newsRead More
"Newcrest to acquire 70% of Red Chris gold/copper mine in British Columbia's golden triangle for US$806.5m $NCM $III.ca https://t.co/e4yTUAHxvZ"Read full newsRead More
"Resource Big News Roundup: Dunnedin Acquires Mohave Cu-Mo-Ag Project in Arizona; Plateau Energy Metals Increases Total Lithium Resources by 90%; SIRIOS intersects 315 g/t Au over 1.1 m at Cheechoo https://t.co/9MZWYeUWwC #DunnedinVentures #PlateauEnergyMetals #SiriosResources"Read full newsRead More
"Sirios Resources Inc. (TSXV:SOI) is a junior exploration company with five gold assets in James Bay, Quebec, Cheechoo which is adjacent to Goldcorp's Eleonore gold mine, being the most advanced project. https://t.co/uWJWAUUxR3 #SiriosResources #gold #investing"Read full newsRead More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer Read their feasibility now: https://t.co/vwveNe0ftJ#bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
Mining industry employees and jobseekers are prioritizing a work-life balance when they look for a new role or when they start feeling dissatisfied in the position they are in.This is according to a survey of almost 800 people conducted by Perth-based Mining People International in January 2019.The recruitment agency reported that when asked "What takes priority when you're searching for your next...Read More
When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most - burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices.Slowly, those companies figured out how to survive in the lower-for-longer price era. They cut costs and, more importantly, learned how to...Read More
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe. Despite high-profile nuclear disasters like Chernobyl in Ukra...Read More