"Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade #Cobalt, #Silver and #Nickel ???(C)??',#CanadaCobaltWorks $CCW #Gowganda #MomentumStockshttps://t.co/rg11fqsfR3"Read full newsRead More
Talisker Resources is pleased to announce results from the second drill hole at the Bralorne Gold ProjectRead full newsRead More
Brixton Metals Corporation is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More
With a global recession almost certainly in full swing, investors are showing renewed interest in gold. According to GoldPrice.org, gold was going for $1,703 on Monday, a 31.5% increase over the same day a year before. That’s an impressive gain. And it’s not only the commodity itself that’s seeing a boost.Gold stocks are also rising, with Barrick Gold up 47% year-to-date. In...Read More
Energy and airline stocks have been some of the hardest-hit sectors amid the recent market rout. Utilities and telecom stocks largely tracked the broader markets. But one segment that went through the roof and notably outperformed TSX stocks at large is the gold miners.TSX gold miner stocks have stayed notably strong so far this year, even during the COVID-19 crash in March. While rallying physica...Read More
Image from Modular Mining. Modular Mining announced on Wednesday it has launched its Modular Mining Public Application Programming Interface (API). The API is designed for integration and increased openness amongthird-party technologies and Modular Mining's IntelliMine portfolio,including the DISPATCH fleet management and ProVision machineguidance systems.Through the Public API infrastructure,...Read More
Jacobina gold mine is s located in the east central section of Bahia state of Northern Brazil. (Image courtesy of Yamana Gold) Yamana Gold (TSX: YRI; NYSE: AUY) said on Wednesday that the Phase 2 expansion of its Jacobina mine in Brazil could lead to significant increases in production and cash flow generation, reaffirming the mine as a "low-cost and long-life asset."The Phase 2 expansion project...Read More
Detour Lake mine, a large-scale open pit mine in northeastern Ontario. (Image courtesy of Detour Gold) Kirkland Lake Gold (TSX:KL, NYSE:KL) announced on Wednesday results for the first quarter of 2020 with strong year-over-year growth in net earnings and record levels of gold sales.The company reported production of 330,864 ounces, a 43% increase from 231,879 ounces in Q1 2029 and 18% higher than...Read More
Publisher's Note: Today we're bringing you a pair of excerpts from Mr. James Dines' Interim Wealth Bulletin, a weekly, in-depth companion service for The Dines Letter.Mr. Dines has long warned about the dangers of infectious diseases, the building currency crisis, and how a massive gold spike and bull market were building. Now we're seeing all three pan out at the same time. Read on for Mr. Dines'...Read More
At Torex Gold's El Limon Guajes mine in Mexico. Image from Torex. A "wild swing" in the Mexican peso weighed on Torex Gold's (TSE: TXG) first quarter, despite solid production of 108,537 ounces of gold at the company's El Limon Guajes mining complex in Guerrero state.In a release, Torex president and CEO Fred Stanford noted that accounting changes in the treatment of stockpiled ore and the depre...Read More
File image. Gold slipped further on Wednesday as economies across the world try to return to normalcy after a long period of lockdown, drawing investors towards riskier assets - even as the number of covid-19 cases continues to spike.A stronger US dollar and expectations that gold supply will grow once bullion refineries resume operations also exerted downward pressure on the precious metal's pri...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 6.Please click...Read More
The United States nickel briquette premium dipped at the top end of the range in the week to Tuesday May 5, pushed lower by increased selling momentum at lower levels, while nickel premiums in Europe and China remained flat.?EUR? Virus-weakened demand pushed US briquettes premiums lower?EUR? China public holidays and a lack of arbitrage opportunities kept regional premiums unchanged?EUR? Lack...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More
China returns from the Labour Day break today, while US president Donald Trump tweeted it was "exciting to see our country starting to open up again!"The S&P 500 closed up 0.9%, the FTSE 100 rose 1.66% and commodity prices closed higher on the London Metal Exchange, where copper was up more than 0.6%.Among the mining majors, diversified Rio Tinto (LSE: RIO) and copper major Freeport-McMoRan (N...Read More
Ailing silicon producer Ferroglobe will delay filing its 2019 annual report by up to six weeks as a result of the Covid-19 pandemic, the company announced last week."With the uncertainties created by the Covid-19 pandemic and potential implications for Ferroglobe's operating environment and financial results, the company continues to prepare financial scenarios for the near term, which its externa...Read More
In a note published on Wednesday, Gavin Thompson, vice chair of Asia-Pacific at Wood Mackenzie, said China's exports, which accounted for 17% of the country's GDP in 2019, were being hit hard by theRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to report the Company has received more than 100 new requests for retail channels. Now with a total of 359 channel requests, the Company continues to satisfy this first wave of activation requests from leading brands and manufacturers using the Venzee distribution platform.Brands driving additional re...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More