Metal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as part of an initial public offering, to be completed in the next 12 months.Read More
Drilling within the defined resource envelope at South Ayawilca intercepted thick zones of zinc mineralisation at higher than expected grades and almost double the average grade of the zinc resource. Drilling also intercepted a weakly-mineralised limestone layer which supports the company's thesis of possible limestone-hosted zinc mineralisation under the existing resource.South Ayawilca drilling...Read More
Forbes, Business Insider, CNBC, The Wall Street Journal, Barron's, The Economist, The Financial Times... all have proclaimed: 5G is the new standard.The next generation of mobile communications promises far greater connectivity, with data transfer speeds 100 times greater than today's fastest networks.That means much faster mobile access to... well, everything.Waiting for mobile downloads will be...Read More
Abitibi Royalties Inc. (TSX-V: RZZ, OTC-Nasdaq: ATBYF) owns various royalty interests at the Canadian Malartic Mine near Val-d'Or Qu?(C)bec. We learned from Ian Ball, who is President and CEO of Abitibi Royalties, that one of the most important things about the Company is that it is debt free and, at any given day, $40 to $45 million of its value is in securities and cash on the balance sheet. The...Read More
July 29, 2019 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a fully subscribed, non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of C$6,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.18 and will be comprised of one common share of t...Read More
Karin Leiderman, associate professor of applied mathematics and statistics at Colorado School of Mines, has received the National Science Foundation's highest honor in support of junior faculty, the NSF CAREER Award.She will receive $509,999 in funding over the next five years to develop new mathematical models and numerical methods for simulating blood clotting - work that could lead to the desig...Read More
Dejun Yang, associate professor of computer science at Colorado School of Mines, is the 2019 winner of the William R. Bennett Prize from the IEEE Communications Society.The Bennett Prize honors researchers for the best original paper published within the last three years, based on its quality, originality, utility, timeliness and clarity of presentation.Yang was recognized for "Incentive Mechanism...Read More
Where are zinc prices headed? It's a question that brings distinctly different opinions and forecasts from the bullish and bearish camps.While zinc's macro-fundamentals could arguably support more robust prices, the metal's price has languished since its decade-high rally to US$1.63 per lb. (US$3,595 per tonne) in early 2018, and has struggled to break above US$1.36 per lb., or US$3,000 per tonne....Read More
Several years after its discovery, Tinka Resources (TSXV: TK) has delivered a preliminary economic assessment (PEA) on the zinc sulphide deposit at its wholly owned Ayawilca project, 200 km northeast of Lima in central Peru.The PEA tables a US$363-million after-tax net present value (NPV), with an 8% discount rate, and a 27.1% after-tax internal rate of return on the zinc sulphide deposit, along w...Read More
The S&P/TSX Venture Composite Index climbed 0.16% to 592.89 during the trading week.Drill results and exploration success at its Dixie project in the Red Lake district of Ontario sent Great Bear Resources up 17 ? to $5.60 per share. On July 24 the junior announced a 5-metre assay of 14.32 grams gold per tonne within a 12-metre intercept of 5.87 grams gold per tonne. The hole was drilled near a pre...Read More
The Dow Jones Industrial Average rose 0.14% to finish at 27,192.45, and the S&P 500 Index jumped 1.66% to 3,025.86. Spot gold fell US$6.70 per oz. to US$1,418.30 per ounce.Arch Coal topped the charts with a gain of US$4.79 to US$91.48. The company reported net income in the second quarter of US$62.8 million, or US$3.53 per diluted share, compared with net income of US$43.3 million, or US$2.06 per...Read More
The S&P/TSX Composite Index posted a 0.27% gain to 16,531. Spot gold stayed above the US$1,400 per oz. threshold, finishing at US$1,418.30 per oz. - down US$6.70 per oz., or 0.47%. The S&P/TSX Global Gold Index lost 2.23% to end at 205.82, while the S&P/TSX Global Base Metals Index lost 2.11% to 110.20, and the S&P/TSX Global Mining Index lost 2.32% to 79.54.Intermediate gold producer Torex Gold R...Read More
European Central Bank (ECB) President Mario Draghi publicly announced last week that the outlook is getting "worse and worse," to no surprise of anyone with a calculator and some basic critical thinking skills.The ECB decided to hold rates steady last week but made it clear that stimulus from the ECB is on the way.The European Central Bank president also said last Thursday that it is unquestionabl...Read More
- Ronan Manly, Bullion StarLast month, a BullionStar article titled "The Fifth Wave: A new Central Bank Gold Agreement?" brought your attention to the fact that the fourth and current round of the Central Bank Gold Agreement (CBGA) run by a cartel of heavyweight central banks in Europe was about to expire, and that these gold agreements, which have been running in rolling five year periods sin...Read More
July 26th, 2019(S14-E706)Featured GuestsMary Joyce& John ScurciPlease Listen HereInterview RecapMary Joyce worked for two major metropolitan area newspapers as a writer, columnist, artist.The discussion begins with her work at WCU, with a local and respected individual.The tunnels included tiny skeletons, approximately 3 feet in height of full-grown humanoids.Chris notes his research in the s...Read More
Thank you for joining us in a weekly technical look at the mid-cap-oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index made a bid to break through 1130 resistance but could not close above 1125 and in the end dipped 6.39 points to close at 1116.39 for a nominal 0.56% loss. MACD dropped 0.37 points to -0.77. RSI fell 8.15 points to 49.56.Support is now at 1120.30...Read More
Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More
Gold miner Newcrest Mining Ltd said on Thursday its gold output rose 4.2% in the...Read full newsRead More
Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More
We learned from Michael Ferreira, President and CEO of X-Terra Resources Inc. (TSXV: XTT, FRANKFURT: XTR), that they have recently signed an option agreement for the property in New Brunswick that has potential for a high-grade gold discovery, and are currently focusing their efforts on exploration there. According to Mr. Ferreira, the property is a vast undrilled virgin territory, with very littl...Read More