Champion Iron (TSX: CIA) plans to acquire the Kamistitusset iron ore project in southwest Newfoundland - only a few kilometres away from its Bloom Lake mine - out of a restructuring process.The project's former owner, Alderon Iron Ore, defaulted on a US$14-million loan from Sprott Private Resource Lending in March.In return for the project, Champion has agreed to pay $15 million in cash, and to ex...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released a preliminary economic assessment (PEA) on a restart of its flagship Beartrack-Arnett project in Idaho, which outlines a 12,000-tonne-per-day first-phase heap leach operation for the brownfields site.The scenario includes an initial seven-year mine, producing an average of 72,000 oz. gold annually at all-in sustaining costs (AISCs) of US$1,057 p...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released exploration results from its wholly owned Hasaga project in Ontario's Red Lake camp that point to extensions of the Epp-C and Epp-D zones at the past-producing site.The company has reported assay results for six drill holes, which stepped out the Epp-C area to the east and confirm continuity of the high-grade structures within the Epp-D zone...Read More
Although the processing plant at their Juanicipio mine won't be completed until next year, partners Fresnillo (LSE: FRES) and Mag Silver (TSX: MAG; NYSE-MAG) were able to declare first production last month by processing Juanicipio ore at Fresnillo's nearby facilities.Initial production from the underground mine, in Zacatecas, Mexico, began in August. Until the new plant is ready, Juanicipio ore w...Read More
Petra Diamonds (LSE: PDL) has reported a 36% fall in revenue and a net loss of ?168.7 million (US$223 million) for the year ended June 30, as the pandemic deepened the company's financial woes.The diamond miner, which has three operations in South Africa and one in Tanzania, said Covid-19 affected production, sales and prices in the period.Petra posted revenue of US$295.8 million in the 2020 fisc...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) will take civil and criminal action against those responsible for spreading "irresponsible and false statements" on social media, which tried linking chief executive Mark Bristow's recent visit to Papua New Guinea (PNG) to attempts to oust Prime Minister James Marape.The nation is currently embroiled in political turmoil after dozens of government members - incl...Read More
Nov 18, 2020 Guest(s): Willem Middelkoop Founder & CIO, Commodity Discovery Fund The commodity cycle is currently at a 100-year low when compared to the S&P 500, according to Willem Middelkoop, founder of the Commodity Discovery Fund."When you can enter a market as an investor at the 100-year low valuation, you know you're buying near the bottom," Middelkoop said. "We've seen a strong rise o...Read More
Denison Mines (TSX: DML; NYSE: DNN) announced on Tuesday the successful completion of an independent preliminary economic assessment (PEA) for the Waterbury Lake Property in Saskatchewan, with an indicative timeline of pre-production activities beginning in 2025 and first production estimated in 2028.The PEA evaluated the potential use of in-situ recovery ("ISR") mining at the Tthe Heldeth T???(C...Read More
Nov 19, 2020 Guest(s): Joe Schwarcz Director, Office for Science and Society, McGill University Both the vaccines from Pfizer and Moderna are categorized as messenger RNA vaccines, and the technology behind this is relatively new, said Dr. Joe Schwarcz, director of the Office for Science and Society at McGill University.Schwarcz outlines the process by which Pfizer and Moderna conducted their va...Read More
Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More
In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY. In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009. It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More
Should we think of big tech stocks as we've thought about "tech stocks" up until now? I'm not sure anymore. I don't think anyone else should be either.If you told me 10 years ago that Amazon would dominate retail, I'd wholeheartedly agree.If you told me that it'd dominate one of the fastest-growing segments of B2B revenue and profit - cloud storage and processing - I'd raise an eyebrow, but hear y...Read More
Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More
In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY. In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009. It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More
Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More
In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY. In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009. It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More
Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") reports the production results for the Second Quarter ...Read More
Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More
In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY. In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009. It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More
November 16, 2020 - TheNewswire - Vancouver, British Columbia - VRead full newsRead More