Mr. Chris Taylor reportsGREAT BEAR DRILLS NEW HIGH-GRADE GOLD DISCOVERY ON A 1.6 KILOMETRE STEP-OUT HOLE, AND ADDITIONAL NEAR SURFACE INTERVAL OF 40.30 METRES OF 1.73 G/T GOLD IN MAIN DRILL AREA AT DIXIE PROJECT, RED LAKE DISTRICTGreat Bear Resources Ltd. has provided gold results for a further 10 drill holes from its continuing 2018 drilling.A fully financed drill program consisting of 40 to 50 a...Read More
BYD Co. is building what would become the world's largest vehicle-battery factory next year in an effort by the Chinese electric-car maker to increase capacity and help revive earnings growth.Read full newsRead More
June 26, 2018 Vancouver, British Columbia | Sandstorm Gold Ltd. (dba Sandstorm Gold Royalties, 'Sandstorm' or the 'Company') (NYSE American: SAND, TSX: SSL) is pleased to provide a summary of the results from the Hod Maden Pre-Feasibility Study ('PFS'). All figures are in U.S. Dollars and are on a 100% project basis unless otherwise stated. Sandstorm has a 30% interes...Read More
The miner, which has set an exploration objective of adding one million gold equivalent ounces to Cerro Moro's mineral inventory, has hiked its exploration budget for 2018 to $11.2 million from $9 million.Read full newsRead More
Exactly 2 years after replacing the existing diesel power station with a high-speed, gas-fuelled reciprocating engine station, Aggreko is now working with Gold Fields to introduce renewables at its Granny Smith gold mine in Western Australia.Aggreko won the contract to build and operate the 21MW powerRead full newsRead More
Australian copper-gold miner OZ Minerals (ASX:OZL) has begun a compulsory takeover Avanco Resources (ASX:AVB), after months of slowly increasing its interest in the Brazil-focused explorer.The Adelaide-based company said the fact it now owns more than 90% of Avanco allows it to acquire all of the remaining shares to acquire it entirely.OZ Minerals first launched its A$418 million-takeover bid fo...Read More
South Africa's AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world's third-largest producer of the metal, said Wednesday it had received environmental permits to reopen its idled Obuasi mine in Ghana.The operation, which for years battled incursions by illegal miners, is expected to start gold production by the third quarter of 2019, at an initial cost estimated between $450 million to $500 millio...Read More
The 'weaponized' yuan continues its collapse - back above 6.6 per USD for the first time since December and down 6% from the March highs...Read full newsRead More
Back in late May, I'd discussed why June would likely be a significant month for gold prices going forward. The spot price of gold was hovering around the $1,300 mark in the last week of May; it has since plunged nearly $50 month over month. A number of factors have contributed to its drop.Geopolitical breakthroughs made in JuneThe media salivated over the prospects of the North Korea-United State...Read More
Talking about a stock market crash is possibly the biggest taboo in investing circles - especially if it looks as though it might actually happen.But it has to be said: things are looking shaky. The TSX index fell more than 200 points at the start of the week, with only utility stocks keeping the side up, while stock markets everywhere wobbled on news of further protectionist developments. Comment...Read More
Generalised mineralization block diagram of the Hod Maden gold deposit in Turkey. Source: Sandstorm Gold Ltd.Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE American] has released the results of a pre-feasibility study on its 30%-owned Hod Maden gold-copper project in northeastern Turkey.The study is based on proven and probable mineral reserves of 2.61 million ounces of gold and 129,000 tonnes of copper....Read More
33 trillion cubic feet.That's how much natural gas drillers extracted in the United States last year... every day!And it all started 193 years ago along the Canadaway Creek in Fredonia, New York. That's when a gunsmith by the name of William Hart drilled a 27-foot hole into the ground and kick-started our country's natural gas industry. After striking out twice already, his third well hit pay dir...Read More
Eastmain Resources (TSX:ER, OTCQX:EANRF) is a junior gold exploration company, with three main projects in the region of James Bay, northern Quebec: the Eau Claire Project, located approximately 800 kilometres north of Montr?(C)al, the high-grade Eastmain Mine Project, located within the Upper Eastmain River Greenstone Belt of northern Qu?(C)bec, and the Eleonore South Joint Venture with Goldcorp...Read More
Core Gold Inc. (TSXV: CGLD, OTCQX: CGLDF) is a Canadian based mining company involved in mining, exploration and development of mineral properties in Ecuador. Core Gold is currently focused on gold production at its wholly-owned Dynasty Goldfield project, located in Loja Province in southwestern Ecuador, and on continued development at its Zaruma mine, located in the Zaruma-Portovelo Mining Distri...Read More
June 27, 2018 (Investorideas.com Newswire) The common shares of Syd Financial Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the listing date.Trading will commence upon completion of the financing.The Company is engaged in the acquisition, exploration and development of the Pluto Property in Quebec, Canada, along with continu...Read More
June 27, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold.For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment...Read More
June 27, 2018 (Investorideas.com Newswire) The CEO of Millrock Resources, Gregory Beischer, speaks with Maurice Jackson of Proven and Probable about the many projects his company is exploring.Maurice Jackson: Today we will highlight a company that has established itself as a premier project generator, Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX). Joining us today is Gregory Beischer, the presi...Read More
June 27, 2018 (Investorideas.com Newswire) Metallurgical optimization and investigation of financing options are progressing at a cobalt project in Idaho.Vancouver-based eCobalt Solutions Inc. (ECS:TSX; ECSIF:OTCQX; ECO:FSE) provided the status of the optimized feasibility study (OFS) and the financing for its 100%-owned Idaho cobalt project. As for the OFS, metallurgical optimization testing cont...Read More
Reza Hedayat, assistant professor of civil and environmental engineering at Colorado School of Mines, has been selected for the U.S. Department of Energy's Early Career Research Program.Hedayat will receive $750,000 over five years to support the development of novel multiscale experiments to identify the geophysical signatures accompanying subsurface crack network growth. "Understanding crack ne...Read More
It's been a long time coming.The Food & Drug Administration - for the first time ever - has approved a marijuana-derived drug.There is plenty to unpack and ponder here, so let's start with the essentials, directly from the FDA's press release:The U.S. Food and Drug Administration today approved Epidiolex (cannabidiol) [CBD] oral solution for the treatment of seizures associated with two rare and s...Read More