Billionaire mining investor Eric Sprott has acquired 3 million common shares of Stratabound Minerals (TSXV: SB) at a price of 5 ? per share.The acquisition was conducted through Jerritt Canyon Canada, which is controlled by Sprott. The privately held mid-tier gold producer operates the Jerritt Canyon processing plant and four gold mines located 80 km north of Elko, Nevada.Through the acquisition,...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and Japan Gold (TSX-V: JG) have kicked off geophysical-gravity surveys in the Asian country's Hokusatsu Region, as part of a joint effort to uncover the nation's gold mining potential.Under a venture formed in February, known as Barrick Alliance, the companies have completed bulk leach extractable gold (BLEG) and rock chip sampling over eight of the 14 targets l...Read More
ScoZinc Mining (TSXV: SZM) has released the results of a preliminary feasibility study (PFS) on its wholly owned and permitted Scotia mine project, 62 km northeast of Halifax. The study outlines a 2,700-tonne-per-day open-pit operation, producing zinc and lead concentrates over a 14-year mine life.The proposed operation would produce an average of 35 million lb. zinc and 15 million lb. lead over f...Read More
GoviEx Uranium (TSX-V: GXU) says it will appeal Zambia's decision to terminate its Chirundu mining license.The company acquired the permit in 2017 from African Energy Resources, and it includes the Njame and Gwabe deposits. Both assets, GoviEx said, were subsequently included in the preliminary economic assessment (PEA) for the company's Mutanga uranium project.Due to the smaller scale and higher...Read More
MINING.COM's ranking of the world's 50 largest mining companies based on market value shows an industry clawing back most of the Covid-19 related losses by the end of the second quarter.The top 50 most valuable mining companies added $249.5 billion in market capitalization over the three months to end June, thanks to surging gold and silver prices, iron ore prices in triple digits, and a late reco...Read More
According to the latest figures from the Minerals Council South Africa, 1,739 of the 3,119 cases were from platinum mines, followed by 938 from the gold sector.Platinum group metals mines had the biggest number of direct employees, about 164,500 of the mining industry's 455,000, in 2019.About one in seven employees tested have returned a positive result, according to the figures.The council said o...Read More
I'm going to make today's editorial quite short because the investment opportunity I'm about to share with you is only viable this week.If you've been following me at all, you already know that I founded my elite-level advisory service, Nick's Notebook, over five years ago now. Since then, I have used the private deals it specializes in to make myself and my subscribers millions. We have doubled...Read More
What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020. The beginning of the year was, as usual, positive for the gold prices. However, gold did not rally in January as it did in just like in the previous years. Instead, it shot...Read More
What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020. The beginning of the year was, as usual, positive for the gold prices. However, gold did not rally in January as it did in just like in the previous years. Instead, it shot...Read More
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 6, 2020) - Steppe Gold Limited (TSX: STGO) (Read full newsRead More
Which TSXV junior gold stocks have performed the best this year?Read full newsRead More
Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday.Read full newsRead More
By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
The market gloom over the metals that will power the cars of the future is starting to lift.Read full newsRead More
Renforth Resources Inc. has completed our June field work successRead full newsRead More
Emgold Mining Corporation announces the following update on its NRead full newsRead More
Sixty North Gold is pleased to announce that it has completed a fRead full newsRead More