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Cameco loses $65M in Q2

July 29, 2020 / www.northernminer.com

Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced.The restart of the mine, which has been placed on care and maintenance since March 23, will be dependent on several factors, the company said, including its ability to establish safe and stable operating protocols, as well as the availability of...Read More

Harte Gold reopens Sugar Zone mine

July 29, 2020 / www.northernminer.com

Harte Gold's (TSX: HRT) Sugar Zone mine is back up and running, following a temporary shutdown at the end of March due to the Covid-19 pandemic.According to the company, longhole blasting and ore haulage rates underground are improving, and development and backfill activities are meeting or exceeding expectations. With a mill restart planned for August, Harte has built up a stockpile of feed for...Read More

Chile's Chamber of Mines rejects calls to privatize Codelco

July 30, 2020 / www.northernminer.com

Chile's Chamber of Mines and unionized workers have rejected a proposal put forward by parliament members to sell state-owned Codelco, the world's largest copper miner, in order to finance the country's response to the coronavirus pandemic.The plan, laid out in an internal memo to members of the Independent Democratic Union (UDI) party, triggered stern criticism from both sector representatives an...Read More

Gold hits an all-time high, but Warren Buffett doesn't buy it. Should you?

July 29, 2020 / cnb.cx

Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More

Mining Companies Flock to Stake Claims in Red Lake After Recent Gold Strikes in That Area

July 29, 2020 / dlvr.it

NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More

Rio Tinto reports new gold find at Western Australia mine

July 29, 2020 / dlvr.it

Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More

RT @nvgoldcorp: NV Gold has increased its claim holdings at the high-grade Exodus Gold Project

July 29, 2020 / tinyurl.com

NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More

.@goldenridgeres $GLDN Completes Non-Brokered Private Placement for $2.15M

July 29, 2020 / bit.ly

GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More

.@TriumphGoldCorp $TIG Announces 2020 Exploration Program at Freegold Mountain Project, Yukon

July 29, 2020 / bit.ly

Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More

Puma Exploration $PUMA Adds More Claims at Triple Fault Gold Project #ResourceNews #Zinc #Copper

July 29, 2020 / bit.ly

Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More

Getchell Gold Corp. $GTCH Announces Acceleration of Warrant Expiry Date and Provides Update on Star Mining Lease

July 29, 2020 / bit.ly

Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More

.@SteppeGold $STGO Provides Update on ATO Gold Mine Expansion

July 29, 2020 / bit.ly

Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More

NV Gold $NVX $NVGLF Increases Property Claim Holdings at the High-Grade Exodus Gold Project

July 29, 2020 / bit.ly

NV Gold Corporation is pleased to announce that the Company, furtRead full newsRead More

Gold hits an all-time high, but Warren Buffett doesn't buy it. Should you?

July 29, 2020 / cnb.cx

Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More

3 Stocks I'm Buying Before the Stock Market Crashes Again

July 30, 2020 / www.fool.ca

The Canadian stock market made a remarkable rebound in the last four months after bottoming out in March. While the recovery was primarily due to government support, chances are pretty high that the equity market could crash again before the pandemic is gone.One could infer from the weak economic indicators, high unemployment rate, and continued increase in coronavirus infections that another stoc...Read More

Investing in TSX Gold Stocks? Do This 1 Crucial Thing 1st

July 30, 2020 / www.fool.ca

There should be little doubt that investors should be leafing through their recession playbook right about now. Investors buying shares in gold miners have a playbook of their own. Today, let’s consider a few ways to make that long-term position in gold miners really pay off.The return of value investing2020 was a bad year to start buying shares in gold miners if decent value for money forms...Read More

MINING.COM MINUTE: Biggest stories of the week

July 30, 2020 / www.mining.com

MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Rio Tinto set on building long-delayed Simandou - Read moreForget the gold price, copper was most profitable covid-19 trade - Read moreUS moves to boost domestic production of strategic minerals - Read moreNew Century, Vale delay nickel mine deal - Read moreGiant Alaska copper-...Read More

Why You Should Buy Gold Stocks Now

July 30, 2020 / www.fool.ca

If you have invested in gold, you have reasons to be happy, as the precious metal has gained about 30% this year. It should hit US$2,000 very soon. The party is expected to go on for a long time, as Bank of America predicts the yellow metal will hit US$3,000 an ounce over the next 18 months.Fears about the economy are driving the yellow metal rallyInvestors are pouring their money in the precious...Read More

Mr. Dines: It's All About Context

July 25, 2020 / www.outsiderclub.com

Publisher's Note: Today we're bringing you an excerpt from The Dines Letter.You'd be hard-pressed to find a more experienced market analyst than Mr. Dines, and it'd be even harder to find one as accomplished. Read on for an important message we should all keep in mind from the "Original Goldbug".Call it like you see it,Nick Hodge While we still favor some precious metals, ________ is a different...Read More

Kirkland Lake Q2 earnings beat estimates

July 30, 2020 / www.mining.com

Image courtesy of Kirkland Lake Gold via Flickr. Kirkland Lake Gold (TSX, NYSE: KL) (ASX: KLA) on Thursday reported strong financial and operating results for the second quarter of 2020 despite disruptions caused by covid-19.Adjusted net earnings came to $219.3 million ($0.79 per share), double the Q2 2019 level of $109.8 million ($0.52 per share) and 22% higher than the $179.2 million ($0.70 per...Read More

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