Medgold Resources (TSXV: MED; US-OTC: MGLDF) will drill 5,000 metres at its Tlamino gold project in southern Serbia during its 2019 exploration program, fully funded by Fortuna Silver Mines (TSX: FVI).Fortuna can earn a 51% interest in the project by spending $3 million on exploration over three years; it can increase its interest to 70% by spending $5 million and completing a preliminary econo...Read More
"Great Bear Drills Multiple High-Grade Gold Veins in Hinge Zone Including 30.15 g/t Gold Over 7.25 m @GreatBearGBR https://t.co/ZCMyjw4p4U"Read full newsRead More
South Korea is one of the world's key component suppliers in the tech sector and the continued slowdown in the expansion of semiconductor exports deepens concerns about the outlook for the global technology industry.Read full newsRead More
Great Bear Resources of Vancouver has hit grades as high as 30.15 g/t gold over 7.25 metres during drilling at its 100% owned Dixie project in the Red Lake District. Both the Dixie Hinge zone (DHZ) and Dixie Limb zone (DL) were drilled, sometimes with a single hole providing core from both zones.At the DHZ hole 031 intersected four gold veins along a 141-metre wide zone of increased quartz veining...Read More
Philippine nickel producer DMCI Mining Corp, a unit of conglomerate DMCI Holdings Inc, on Thursday said it expected 2019 to be a tough year, with one of its two mines still suspended and its inventory almost depleted.DMCI's mines, operated by subsidiaries Berong Nickel Corp and Zambales Diversified Metals Corp, were among those ordered shut in 2016 when the government launched an industry-wide cra...Read More
Australian developer Jervois Mining said on Thursday it expects to have chosen by year-end a joint venture partner to help develop its nickel-cobalt battery materials project in New South Wales state.Jervois, whose management is made up of ex-Glencore executives, is developing the Nico Young deposit in southeastern Australia ahead of an expected boom in demand for the metals used in rechargeable b...Read More
Vancouver, BC - World Class Extractions Inc. ("World Class") (CSE: PUMP) and Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") are pleased to announce that they have entered into a binding letter of intent (the "LOI") to proceed with a business combination by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) pursuant to which World...Read More
The world's largest miner BHP (ASX, NYSE:BHP) took a key step this week towards increasing its presence in Ecuador, the new darling of copper prospectors, by signing an earn-in and joint venture deal with Canada's Luminex Resources (TSX-V:LR).The Vancouver-based miner, which has already enlisted big names such as Anglo American and First Quantum for its other three Ecuadorian assets, has given BH...Read More
Brazil's Vale (NYSE:VALE) has halted operations at the Alegria iron mine in the Mariana complex of Minas Gerais state, which may remove up to 10 million tonnes of iron ore a year from the market.The preventive measure, said the world's top iron ore producer, was taken after a stress test failed to guarantee stability of the mine's structures. Vale noted it would restart production when new studies...Read More
Secova Metals (TSXV: SEK) acquired 100% interest this week in 3,809 hectares of vanadium mineral claims located in three land packages in the eastern Canadian province of Quebec."CIBC Mellon has estimated that there will be $35 trillion dollars of global infrastructure projects starting over the next 20 years, which will spark big demand for vanadium"In a press release, the Vancouver-based miner s...Read More
Beauce Gold Fields (TSX: BGF) announced this week that it is testing a new Russian technology at Quebec's Rang St-Gustave Road in St-Simon-les-Mines.In detail, the miner is conducting a high resolution mobile electromagnetic or TDEM survey that measures electrical chargeability and electrical conductivity at a horizontal resolution of 15cm. In a press release, Beauce Gold said the system also allo...Read More
ENDEAVOUR ACHIEVES FIRST GOLD POUR AT ITY CIL PROJECT 4 MONTHS AHEAD OF SCHEDULE View News Release in PDF HIGHLIGHTS Over 8.5 million man-hours have been worked without a lost time injury The ...Read full newsRead More
The words "dire" and "critical levels" were used to sum up the increasing shortage of nickel at this week's Lithium & Battery Metals Conference in Perth. This is great news for producers and emerging producers because that means prices will take off. And electric vehicles and power storage are going to come to the rescue ...Read full newsRead More
"$ESTA - Establishment Labs Holdings Inc. (ESTA) CEO Juan Jos?(C) Chac??n-Quir??s on Q4 2018 Results - Earnings Call Transcript https://t.co/7KlNyNVy52"Read full newsRead More
The United States imposed sanctions on Tuesday against Venezuela's state-run gold mining company Minerven and its president, Adrian Perdomo, accusing them of illicit operations and propping up the government of President Nicolas Maduro.The announcement comes days after Uganda said it was investigatingRead full newsRead More
Between listing on the TSX Venture Exchange in January 2018 and graduating to the Toronto Stock Exchange in October the same year, Troilus Gold (TSX: TLG; US-OTC: CHXMF) drilled 36,000 metres of drilling on its namesake property in Quebec and boosted the project's mineral resources by 90%.In November the junior exploration company reported its Troilus gold project contains indicated resources of 3...Read More
1. The latest U.S. central bank announcement was a win-win for gold.2. If the Fed surprised analysts and hiked rates, the stock market probably crashes, and gold stocks rally strongly.3. As expected, the Fed did nothing and gold stocks outperformed.4. It's a clear win-win situation for gold bugs around the world.5. I'm adamant that the U.S. stock market would already look somewhat akin to the 1929...Read More
Rare precious metal palladium has shot out the lights this year, continuing to climb to record highs ever since rallying substantially in mid-2018. This has been a confusing event for some pundits, because the metal has traditionally performed poorly, trailing behind other precious metals, including platinum and gold. Palladium has performed so strongly that the amount of the white metal required...Read More
In 2016, I asked when uranium prices would ever recover. At the time, the uranium spot market was pricing in a big rebound. In fact, JPMorgan Chase & Co. estimated that uranium prices would more than double by 2020.That resurgence never came. Today, prices are still near decade-long lows.While many uranium investors have thrown in the towel, a major boom could be just around the corner. This...Read More
Last year was a tough time for investors in gold miner Pretium Resources Inc. (TSX:PVG)(NYSE:PVG), with the market heavily marking down its stock after its flagship Brucejack mine failed to deliver as promised. Even after rallying sharply over the last month, Pretium is still down by 2% since the start of 2019 trailing gold, which has gained almost 3% and created an opportunity for investors seeki...Read More