Continental Gold's (TSX:CNL; OTCQX:CGOOF) shares surged over 11% on Friday, the same day the Toronto- based miner announced that it obtained a $175 million financing package backed by Newmont and Triple Flag Mining Finance.The package includes a $50 million debenture from Newmont, and a $100 million gold and silver stream from Triple Flag . Each of the debentures will be convertible at the h...Read More
"@pingkind @AdamMancini4 Chart below inverse - The long term trend of the Canadian dollar turned down once it broke the break line.As long as its above that line the value should continue to erode vs USD.It takes a MONTHLY close below 110 to change directions.Any monthly close above 162 = BAD NEWS"Read full newsRead More
"$MRKR - Marker Therapeutics: Phenomenal Data In Lymphoma And Other Indications, Yet Little Recognition From The Street https://t.co/yIkS4WHtBw"Read full newsRead More
"Grown Rogue International is a vertically integrated, multistate cannabis company expanding into California and Michigan!Read more here: https://t.co/EuKG1OUM13@GrownRogue #GrownRogue #GRIN $GRIN #MomentumStocks #THC #Cannabis #Oregon"Read full newsRead More
"Canada Cobalt Works is the player to watch in Northern Ontario's Cobalt Camp! Stay Tuned Read About it: https://t.co/W4OZqg5Xrz #CCW $CCW @canadacobalt #Cobalt #Mining #CCW.V #Silver #TSXV #SmallCaps #batterymetals #momentumstocks"Read full newsRead More
"Next Green Wave Enters into Definitive Agreements with Organic Medical Growth (OMG) -- @NextGreenWave #Cannabinoid #momentumstocks #NextGreenWave #Cannabis #MedicalMarijuana#MarijuanaStocks #CSE #BNN #hemp #CBD #smallcap #THC --Read the News Release here: https://t.co/IrKrCD5c4B"Read full newsRead More
"Resource Big News Roundup: ePower Metals Stakes 4400 ha in Sinaloa and this week's other big news stories. https://t.co/j7f1HRBcXp #resource #mining #exploration"Read full newsRead More
Peloton Minerals Corporation (Read full newsRead More
Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") is pleased to announce that it has closed a C$9.0 million strategic investment (the "Strategic Investment") with Atlantic Gold Corporation (TSXV: AGB) ("Atlantic Gold") and its wholly-owned subsidiary, 1193490 B.C. Ltd. (the "Investor").Read full newsRead More
"CEO Interview - Japan Gold (TSX-V: JG) CEO John Proust: Playing a Pivotal Role in Reopening Japan's Gold-mining Industry https://t.co/JVpiIAYKef @japangoldcorp #gold #mining #ceo"Read full newsRead More
GABORONE - Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24 million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1 million carats in 2018, buoyed by strong demand from the United States, China and India."I see the yea...Read More
A massive late-winter storm bringing heavy snow and high winds to the U.S. heartland is stressing winter wheat, inundating mines and disrupting ranches as calves are born.Blizzard-like conditions in the Dakotas, western Nebraska and Kansas are threatening newborn calves, which will need to be dried, warmed and given shelter, said Matthew Wiegand, a commodity broker at FuturesOne in Lincoln, Nebras...Read More
Poland's Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying the Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2 billion) managing the operation and the ore processing plant over the last three years.The Office, which looks into the way the Polish state operates and how it spends public funds, sa...Read More
RUSTENBURG - South Africa's labour court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike covering the platinum and gold sectors, Anglogold Ashanti, Anglo American Platinum and Lonmin said on Friday.AMCU has been on strike at Sibanye-Stillwater's gold operations since mid-November in a pay dispute. It wanted to extend the strike...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time.The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver, or 1,234 grams silver equivalent, for 224,900 oz. gold and 22.89 million oz. silver, or 39.8 million oz. silver equi...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More
Canada's Warrior Gold (TSX-V: WAR) started a drilling campaign this week at its Goodfish Kirana project in Kirkland Lake, Ontario.The property is located approximately 6 kilometres north of the Cadillac Larder Lake Fault Zone in Kirkland Lake and, according to Warrior, hosts numerous gold showings, pits, shafts and several historical underground workings.The exploration program in progress involve...Read More
In January, I wrote how Guyana Goldfields (TSX:GUY) could have 1,000% upside in 2019. Specifically, I noted how the stock trades at a “heavy discount to its competitors, at just 0.2 times its net asset value.”Since my article was published, shares have sunk a further 16%. Is there still massive upside to Guyana stock this year or are shares a classic value trap?Consider the latest new...Read More
Gold futures climbed Friday to score a gain for the week, with the metal finding support in the wake of mass shootings at two mosques in New Zealand, as well as from a weaker tone for the U.S. dollar. At least 49 people on Friday were killed at a pair of mass shootings at mosques in Christchurch, New Zealand. The "New Zealand news is positively supporting gold," said Chintan Karnani, chief market...Read More
Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) is currently the largest underground gold and silver producer in Colombia, with several mines in operation at its Segovia and Marmato Operations. At PDAC2019, we learned from Mike Davies, Chief Financial Officer of Gran Colombia Gold, that they have been producing over 200,000 ounces of gold a year and expect 210,000 to 225,000 ounces of gold this...Read More