Nov 29 (Reuters) - Detour Gold Corp said on Thursday Chief Executive Officer Michael Kenyon will head the company until it finds a permanent replacement, pushing back against hedge fund Paulson & Co's demand to immediately replace him.Paulson & Co, which has a stake of about 6 percent in the miner, has pushed for Kenyon's resignation, saying the company had "unsuccessfully tried to boost short-ter...Read More
World's top diamond producer by output Alrosa (MCX:ALRS) made $90 million in six auctions held in Israel this year.The auctions were for large rough diamonds, with the latest one focusing on special size gems larger than 10.8 carats - and it fetched $17 million. 100 companies from Israel, Belgium, Hong Kong, India, UAE, the US, and Russia were invited to participate, and 44 took home the coveted s...Read More
Mr. Jason Paltrowitz of the OTC reportsOTC MARKETS GROUP WELCOMES MINAURUM GOLD TO OTCQXMinaurum Gold Inc. has qualified to trade on the OTCQX Best Market.Minaurum Gold upgraded to OTCQX from the Pink market. Minaurum Gold begins trading today on OTCQX under the symbol MMRGF.U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website...Read More
Mr. W. John DeCooman Jr. of SSR Mining reports SSR MINING ANNOUNCES INVESTMENT IN SILVERCREST METALS INC.SSR Mining Inc. has entered into an agreement with Silvercrest Metals Inc. to purchase, by way of private placement, 8,220,645 common shares of Silvercrest at a price of $3.73 per common share for total consideration of $30,663,006. Paul Benson, president and chief executive officer of SSR Mini...Read More
Uranium Energy Corp Announces the Retirement of Ivan ObolenskyCanada NewsWireCORPUS CHRISTI, TX, Nov. 29, 2018Read More
Mr. Chris Taylor reportsGREAT BEAR REPORTS CONTINUITY OF GOLD FROM SURFACE TO 365 M DEPTH IN DIXIE LIMB ZONE, DIXIE PROJECT, RED LAKE DISTRICTGreat Bear Resources Ltd. has released results from drilling of the Dixie Limb zone (DLZ) completed during the company's summer 2018 drill program and designed to test continuity of gold mineralization to depth.The DLZ is a multikilometre gold-mineralized co...Read More
UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More
All ears were listening to Fed chairman Jerome Powell's comments on monetary policy Wednesday for hints as to whether the central bank would be easing up on its rate hike plans. As explained in yesterday's post, US stocks move into fair-valued territory, stocks are likely to face more downside pressure unless the Fed pulls back on its hawkish path. As it turns out, the Fed chairman suggested that...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), and For Heroes Only are pleased to announce a partnership to create and launch a new subscription-based program.For Heroes Only uplifts and inspires kids to live healthy, thriving and happy lives. By mixing technology, medias, pedagogy and storytelling together into never ending real life adventur...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into an agreement with CBD Science Processing Corp. (CBD Science) to supply a Portable Extraction and Processing Facility, to be delivered in Q1 2019.The Portable Extraction and Processing facility is self-contained and includes turnkey components from Quadron's portf...Read More
"Goldman Sachs predicts that in 2019 growth in the economy will begin to wane and investors will look to diversify their portfolios. https://t.co/d7fsRbze8Q #Investing #Resource #Gold"Read full newsRead More
"$ARNA - Arena Pharmaceuticals, Inc. (ARNA) CEO Amit Munshi at Evercore ISI HealthCONx Brokers Conference (Transcript) https://t.co/UghoI0TEqZ"Read full newsRead More
Infill drilling from March through October at Osisko Mining's (TSX: OSK) Lynx deposit at its Windfall project, in the Abitibi greenstone belt in the James Bay region of Quebec, has added ounces and higher grades, the company announced in a resource update.Osisko has increased Lynx's indicated resources by 153,000 ounces of gold and boosted its grade from the 7.51 grams gold per tonne in a May 2018...Read More
In this current commodity price environment, the mining space is filled with excellent opportunities. That said, risk levels have risen sector-wide, leading to much of the decline in equity values in this space. Here are three of my top picks for investors looking for a decent risk/reward return in this space.Hudbay MineralsFor those interested in gaining exposure to the base metals space, Hudbay...Read More
The few mining stocks on the S&P500 were part of the rally, with Freeport-McMoRan (NYSE: FCX) rising 6.49%.London's key index closed lower yesterday, but metals and mining stocks were up 0.76%, and futures are pointing to a positive start today.Metals and mining stocks on the S&P/TSX Composite Index were up about 3% yesterday.Diversified miners Teck Resources TSX: TECK.B), Turquoise Hill R...Read More
Diamond drilling at Kintavar Exploration's Mitchi Project, Quebec. Source: Kintavar Exploration Inc.Kintavar Exploration Inc. [KTR-TSXV] shares were active Thursday after the company released assays results from drilling on the Sherlock Corridor area of its Mitchi property in Quebec.The program included 12 drill holes (2,300 metres) that primarily investigated surface exploration targets on the S...Read More
2018 was a huge year for the cannabis industry.The state of California - the fifth-largest economy in the world - officially began the legal sales of adult-use cannabis.The entire country of Canada officially legalized adult-use cannabis.Mexico began the process of ending the prohibition of cannabis.All across the world, new legalization legislation was introduced, debated, and passed.Make no mist...Read More
November 29, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce that it has encountered kimberlite in 10 out of 11 holes drilled at the kimberlite target. The new drilling seems to expand the kimberlitic body to a minimum 20 hectares in size. HQ sized core drilling is ongoing with the objective to test for further extension of the kimberlitic units as...Read More
Last year, Matt Baldin and Sam Reinehr were happy just to qualify for the world finals of the ACM International Collegiate Programming Contest.This year, the Mines seniors have much bigger plans."This year we're going to try to do well," Baldin said. "We want to be top 30 and I think that's achievable."Baldin and Reinehr will have a chance to do just that, after winning the Rocky Mountain Regional...Read More
Testing at Rubicon Minerals'(TSX: RMX; US-OTC: RBYCF) Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate, as well as the new geological model and structural interpretation of the F2 deposit, the company says.Over the summer and fall, Rubicon extracted material from three test stopes in the upper areas of the deposit where modelled grad...Read More