Endeavour Silver (TSX: EDR; NYSE: EXK) has agreed to sell its El Cubo mine and related assets to Mexico-focused miner VanGold Mining (TSXV: VGLD).Endeavour will receive a combination of US$7.5 million cash, US$5 million in VanGold shares and US$2.5 million in unsecured promissory notes, for a total payment of US$15 million.The El Cubo mine, located in Guanajuato, Mexico, includes two previously o...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) is buying Trillium Mining for $25 million (US$19.6 million) to access a 5,418-hectare land package located east of its own Island Gold deposit in Ontario, Canada.The acquisition, Alamos said, more than doubles its land position to 15,000 hectares in the Michipicoten Greenstone Belt of northern Ontario.The move would give the Toronto-based company Trillium's namesa...Read More
Kuya Silver (KUYA) has acquired 100 per cent of S&L Andes Export S.A.C., the company which owns the Bethania Project.Read full newsRead More
FansUnite Entertainment (FANS) and its partner, GameCo, are working with US Bookmaking and Sky Ute Casino to establish an esports sportsbook in the United States.Read full newsRead More
Laurion Mineral Exploration Inc. today announced that it is propoRead full newsRead More
Pacific Empire Minerals Corp. is pleased to announce it has signeRead full newsRead More
Novo Resources Corp. is pleased to announce that its Annual GenerRead full newsRead More
Sanatana Resources Inc. is pleased to announce that it has compleRead full newsRead More
Novo Resources Corp. is pleased to announce that it has receivedRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, is pleased to announce the closRead full newsRead More
When uncertainty stalks the markets, only the strongest stocks will do. That’s why we’ve picked out two of the sturdiest names currently trading on the TSX. The following top stock picks are based on three main criteria. In order to make the cut, these two companies had to be well established, profitable, and undervalued. With over $1 billion in market capitalization apiece, both names...Read More
Uncertainty surrounding Brexit - with no trade deal agreed yet between the United Kingdom and the European Union - has prompted spot activity in some minor metals and ferro-alloys markets, with market participants finding difficulties in moving their material across the borders. Traders in the UK have increased their orders in the last few weeks ahead of potential import duties that might be comin...Read More
District Metals Corp. (TSX-V: DMX, FRA: DFPP) is focused on its advanced exploration stage, polymetallic Tomtebo Property, located in the Bergslagen Mining District of south-central Sweden District, right in between two very, very large polymetallic deposits. We learned from Garrett Ainsworth, President and CEO of District Metals that they acquired the project in July this year, raised $2.4 millio...Read More
In the first part of our US$ and Gold research, we highlighted the US Dollar vs. Gold trends and how we believe precious metals have recently bottomed while the US Dollar may be starting a broad decline. We are highlighting this because many of our friends and followers have asked us to put some research out related to the US Dollar decline. Back in November, we published an article th...Read More
There is far more fear to see here as open interest points to another 6,666 more short contracts having to be added, or Silver would have...by J. Johnson via JS MinesetGreat and Wonderful Friday Morning Folks, Gold is recovering from yesterday's reopening or "late in the day Ice dip" with the price at $1,892.70, up $2.30 and close to the high, made moments ago, at $1,894.40 with the lo...Read More
Since 2019 Rupert Resources (TSXV: RUP) has made six discoveries at its 100%-owned Pahtavaara gold project in Finland's Central Lapland Greenstone belt - all of them have been under 10-15 metres of glacial till and within a 5 km by 2.5 km area on the property. The junior explorer discovered them using geophysics and base of till sampling and drilling.The project, which the company acquired in 2016...Read More
Before it ceased operation in 1942, the Octave mine produced over $310 million worth of gold, and that was from just 30% of the vein. Now it is for sale.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Friday December 18 that are worth another look.Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain,...Read More
Here are five Fastmarkets stories you might have missed on Friday December 18 that are worth another look.Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain,...Read More
Copper for three-month delivery reached a fresh high of $8,028/t intraday - a level not seen since 2013 when it peaked at $8,346 in February, Marex Spectron's Alastair Munro said.The US congress reached an agreement on a stimulus package, at the time of writing."We will pass another rescue package ASAP," US senate majority leader Mitch McConnell tweeted minutes ago, referring to what is expected t...Read More