A worker in the core shack at the Troilus gold project. Image from Troilus. Troilus Gold has added 230 sq. km of land holdings, or 422 claims, to its Troilus project in the province's Frotet-Evans greenstone belt, Quebec, increasing its land position to a total of 1,073 sq. km."These new acquisitions, coupled with additional staking by our team, further consolidates our position at a minimal cos...Read More
Temperature distribution in Leapfrog Geothermal Credit: Seequent Seequent, a geoscience software company, is accelerating its development of cloud-based Seequent Central to allow organizations to continue their work on large-scale projects amid the covid-19 pandemic.Central works alongside Seequent's other products and gives users in any location the ability to visualize, track and manage geol...Read More
Callinex Pine Bay project in Manitoba Image from Callinex. Callinex Mines (TSXV: CNX) announced on Tuesday that it has commenced its 2020 summer drilling campaign at its Pine Bay project in Manitoba.The campaign will complete up to 1,500m of drilling at the project to test two newly identified Borehole Pulse Electromagnetic anomalies ("BPEM").The anomalies are interpreted to be off-hole from sulp...Read More
Vale do Rio Doce, Minas Gerais, Brazil Credit: Wikipedia. High prices of iron ore and gold will help the mining industry in Brazil to keep revenues in 2020 similar to 2019, despite the impact of the novel coronavirus, according to the Brazilian mining association (Ibram).In Q2 2020, mining companies reached a production value of R$39 billion ($7.5 billion), an increase of 9% over Q1. Iron ore rep...Read More
Bob Moriarty ArchivesJul 21, 2020I do hope my readers by now understand that we have entered the Greatest Depression. Infourteen weeks some 51.3 million Americans filed for unemployment.Many will not be returning to their original job as it no longer exists as airlines, major chains, restaurants and cruise ships entered bankruptcy. This is not the beginning of the end of the depression; indeed it...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 21, 2020 Gold looks superb, silver looks better, and the miners look best of all. These are the main facts for investors to keep in mind at this point in “gold bull era” time. Pleaseclick here now. Double-click to enlarge this “breakout over $1800”gold chart....Read More
Iron ore production on an attributable basis was 248 million tonnes for the year, or 281Mt on a 100% basis, meeting guidance of 242-253Mt or 273-286Mt, respectively.Read More
Share this articleTORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce.Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development.T...Read More
Alliance Magnesium, located in Danville, Qu?(C)bec, has developed and patented technology, based on clean electrolysis to extract the magnesium, contained in serpentine rock and produce recycled magnesium. This revolutionary process will bring a worldwide paradigm shift in magnesium production, turning international environmental issues into economic successes. Alliance will capitalize on growing...Read More
That heading has a lot of numbers in it, huh? That's the first thing I thought when I typed it, at least. But that's exactly what this article is. And it looks even funnier if you spell it all out: Three Five Gee Stocks Under Ten Dollars.So, that's the headline I settled on. It's got its own simple kind of beauty, I guess. But enough of me talking about my choice of headlines. Let's get into me ta...Read More
David HaggithIt's time to show you're Fed up! Get mad as hell! Don't take this any more! Scorch the earth with your rage! Yell from the rooftops! Stick your head out the window and scream! Fight the economic injustice that serves the rich! Kick political asses, and kick them hard! Don't just whine, do something about it!Ten commandments to show you're Fed up!1) End manipulated markets by taking...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
James Kwantes of Resource Opportunities profiles a company with a project in Quebec's Abitibi Greenstone Belt. Chevrier Drill RigGenesis Metals Corp. (GIS:TSX.V; GGISF:OTC) is building ounces and grade at its Chevrier project in Quebec's Abitibi Greenstone Belt, as Phase 1 drill results outline growing zones of higher-grade material within the existing Main Zone deposit. The drill results are ch...Read More
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment. Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's a...Read More
Bob Moriarty discusses the company's off-the-charts drill results at its Nevada silver project. Blackrock Gold Corp. (BRC:TSX.V; BKRRF:OTCMKTS) announced the first drill results from their latest program at their 100% controlled Tonopah West silver project in Nevada.Hole TW20-001 showed two massive silver intercepts. The highest grade was the 2,198 g/t Ag over 3.04 meters.Another layer that was t...Read More
Group Ten Metals announced it has closed a CA$4.5 million private placement financing and is now launching phase two of its exploration program at the Stillwater West PGE-Ni-Cu-Co project in Montana. In a news release,Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) reported that it has closed its previously announced CA$4.5 million financing, subject to the final approval of the TSX Vent...Read More
You may have heard that gold typically rallies seasonally from themiddle of the year. This trend is driven by jewelry demand, which increasesahead of the Christmas business, the Indian wedding season and the Chinese NewYear celebrations on the back of advance purchases by jewelers, which tend to putupward pressure on prices. But what about the seasonal trend in gold stocks? Since the earnings ofgo...Read More
Gold and silver markets advanced early thisweek, with silver leading the way. OnThursday, the metals sold off a bit as the U.S. dollar gained.The major trend for the dollar, however, isdown. The Dollar Index has been grinding lower since mid March, when it put ina spike high. Silver finally broke through $19 level with astrong close above it on Monday. Therehasn’t yet been...Read More