The longest and highest-grade intercept drilled so far at Ungiold's (TSXV: UGD) Nieta concession in the Dominican Republic "suggests that sulphide mineralization may have a steeper plunge to the northeast than originally interpreted, but, most importantly, it suggests that the system is strengthening to depth," CEO Joe Hamilton says.Drill hole 20-147 returned 30 metres averaging 9.02 grams gold pe...Read More
Osisko Mining (TSX: OSK) has released high-grade drill results from the Lynx and Triple Lynx zones at its Windfall gold project, 700 km northwest of Montreal.Drill highlights from the 20 drill holes and 12 wedge holes include 28 metres of 202 grams gold per tonne (9 metres estimated true width); 3 metres of 171 grams gold per tonne; 2 metres of 173 grams gold per tonne; and 2 metres of 52.7 grams...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has entered into a definitive purchase agreement with Waterton Global Resource Management to acquire a 100% interest in the Getchell gold project, which lies within the Getchell gold belt near Winnemucca, Nevada.To acquire the past-producing asset, Premier will need to make a US$23-million cash payment to the vendor on closing and issue 13.8 million comm...Read More
The U.S. government will reimpose a 10% tariff on some aluminium imports from Canada as of Aug. 16, U.S. President Donald Trump announced during a campaign event at a Whirlpool plant in Clyde, Ohio, on August 6.In response to the U.S. president's announcement, the Canadian government has said that it will impose a $3.6 billion (US$2.7 billion) tariff on U.S. aluminium products starting from Sept...Read More
BHP's (LSE: BHP; NYSE: BHP) Escondida and Spence copper mines in northern Chile are poised to pay a total of US$840 million for an early end to a 2008 energy contract with a coal-fired thermoelectric plant.The move follows a series of recent steps BHP has been taking to become an environmentally friendly miner, including carbon capture and storage and other innovations such as direct air capture.L...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThat might sound like a tricky concept to grasp but what it comes down to is that value of the shares one man owns in Fortescue curr...Read More
Alrosa, the world's top diamond miner by output, has found a 236-carat rough diamond of deep amber colour at one of its mines in Russia's northeastern region of Yakutia.The precious stone, thought to be between 120 and 230 million years old, is the largest coloured diamond ever mined in Russia, the company said.The diamond, described as having a "natural and intense yellow-brown colour," was found...Read More
Kerr Mines Inc. is pleased to announce that it has closed its preRead full newsRead More
Brigadier Gold Limited (TSXV:BRG) (FSE: B7LM) is pleased to announce that it has signed a definitive agreement for an option to acquire a 100% interest in the 3,954 hectare Picachos Gold-Silver Property, centered over the historicRead full newsRead More
Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) (Read full newsRead More
NV Gold Corporation is pleased to announce that a controlled sourRead full newsRead More
Radisson Mining Resources Inc. and Renforth Resources Inc. are plRead full newsRead More
New Pacific Metals Corp. is pleased to announce that it has receiRead full newsRead More
Barrick Gold Corp. profit and revenue rose for the second quarter as it made changes to its operations at mines due to the Covid-19 pandemic,and it said it stayed within its 2020 production guidance range.Read full newsRead More
KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More
Silver futures climbed to the highest in almost seven years and gold continued its march toward a record on expectations there'll be more stimulus to help the global economy recover from the coronavirus pandemic.Read full newsRead More
Gold prices continue climb towards all-time record highs with December gold futures reaching an astounding $2,027 on Tuesday. The gold frenzy driven in part by the weakening dollar and the global pandemic is good news for Canadian junior gold miners and mid-tier gold exploration companies, particularly those in prolific gold regions across Canada. Although some mining regions faced setbacks...Read More
Speculation is rife that the stock markets could crash again in 2020. Government support and the rush to bring a COVID-19 vaccine to the market fueled one of the fastest recoveries in the stock markets that I have ever seen.Over the last four months, the Canadian stock market recovered most of its lost ground with the majority of top TSX stocks rebounding strongly. However, the stock market’...Read More
Gold has rallied almost 27%, while top miner stock Barrick Gold (TSX:ABX)(NYSE:GOLD) is up 60% this year. While the stock is indeed expensive, its second-quarter earnings underline the growth path.Let’s see what’s next for the world’s second-biggest gold miner.Barrick Gold: Q2 EarningsDriven by rallying gold prices, miners were expected to report fairly high quarterly earnings. B...Read More
Team at Warintza Credit: Solaris The initial hole from the first drill program in 20 years at Solaris Resources' 268-sq.-km Warintza project in south-east Ecuador hit 567 metres of 1% copper-equivalent (0.8% copper, 0.04% molybdenum and 0.1 g/t silver) starting at surface.According to the company, this most recent intercept expands the known mineralization at depth and suggests higher metal gra...Read More