July 14, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") announces its second set of results from its maiden drill program at its wholly owned Hog Heaven Project, which returned multiple significant intervals of high-grade silver and gold mineralization. A total of seven holes representing 1,400.35m were drilled of HQ sized core.Chairman and CEO of Brixton, Gary R. Thomp...Read More
An updated preliminary economic assessment (PEA) for Rockhaven Resources' (TSXV: RK) wholly owned Klaza gold project in the Dawson Range gold belt outlines a 12-year, combined open-pit and underground operation producing gold and silver dor?(C) as well as lead and zinc concentrates.With total payable metals production of 750,000 oz. gold and 13.8 million oz. silver over 12 years at all-in sustaini...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) has released exploration results from its Island Gold mine in Ontario, which extend high-grade areas at the Island East and Main zones, as well as at Island West.The majority of the notable intercepts in the company's latest news release are from the E1E zone and confirm the vertical continuity of this area over up to 1.2 km, between depths of 300 metres and 1,500...Read More
This week's episode features the second of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020. MINING.com executive editor Frik Els asked Christian about his views on commodities, including gold, tin and manganese, hydrogen engines and the next financial crisis.Jeffrey M. Christian is managing partner at CP...Read More
In its first estimate since 2010, Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) has updated the resource for its wholly owned Casino project in the Yukon with more drill results that would make it one of the largest copper-gold deposits in the world.The new resource includes results from the 2019 drill program and drilling performed from 2010 through 2012 that was unavailable when the company p...Read More
B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65% increase from the same period last year.The mid-tier Canadian miner attributed the results to a 31% rise in the average realized gold price during the period, as well as to sales jumping by 26%.The Vancouver-based company also saw overall production increase...Read More
RAPAPORT... Mountain Province has obtained a waiver for its revolving-loan agreement as it struggles with challenges in the diamond market amid the coronavirus pandemic.The Bank of Nova Scotia and Nedbank, which hold the loan, have agreed to exempt the Canadian miner from complying with the terms of the credit agreement, including maintaining a minimum cash balance, Mountain Province said Tue...Read More
The numbers are coming in and they are grim.We already know that second-quarter earnings results are going to be a disaster, yet we'll get the "better than expected" bumps.It's absurd when profits are plunging into steep losses, but earnings hype has always been a charade.What I want to highlight are the "big picture" numbers emerging and, boy, are they scary.While we're talking about what corpora...Read More
Jul 13, 2020 (CNW Group) --COMTEX_367993197/2669/2020-07-13T07:00:36 Is there a problem with this press release? Contact the source provider Comtex at...Read full newsRead More
Strengths? The best performing precious metal for the week was silver, up 4.25 percent. Investors poured money into silver-backed ETFs this week as the precious metals trade begins to increase in scope. Spot gold prices reached the key $1,800 an ounce level. This milestone could help push the metal closer to its all-time high above $1,900. Bloomberg notes that gold futures traded alm...Read More
Richard (Rick) Mills, Ahead of the herdThe US economy is nowhere near recovering from the lockdown measures imposed by cities and states during the covid-19 pandemic, and that is weighing on the US dollar, which has fallen sharply since March. The beneficiary, as expected, has been gold (and silver), which normally moves in the opposite direction as the greenback. Year to date, spot gold has ri...Read More
Strengths? The best performing precious metal for the week was silver, up 4.25 percent. Investors poured money into silver-backed ETFs this week as the precious metals trade begins to increase in scope. Spot gold prices reached the key $1,800 an ounce level. This milestone could help push the metal closer to its all-time high above $1,900. Bloomberg notes that gold futures traded alm...Read More
Richard (Rick) Mills, Ahead of the herdThe US economy is nowhere near recovering from the lockdown measures imposed by cities and states during the covid-19 pandemic, and that is weighing on the US dollar, which has fallen sharply since March. The beneficiary, as expected, has been gold (and silver), which normally moves in the opposite direction as the greenback. Year to date, spot gold has ri...Read More
Great Bear Resources Ltd. today reported a return to pre-pandemicRead full newsRead More
MacDonald Mines Exploration Ltd. announces that, due to continuedRead full newsRead More
Russia kept fuel oil exports to the United States close to its record-highs in the first six months of this year, as Washington looks to replace the heavy Venezuelan barrels it stopped buying a year ago, traders said and data showed.Read full newsRead More