ONTARIO - Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.McEwen says the offer price represents a premium of 25% over the closing price of its common shares on the TSX as of Dec. 5, 2018.The most promising exploration program in 2018 was...Read More
ONTARIO - Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.McEwen says the offer price represents a premium of 25% over the closing price of its common shares on the TSX as of Dec. 5, 2018.The most promising exploration program in 2018 was...Read More
NEVADA - Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend. Construction of the Phase One open pit and the El Nino underground mine are progressing well.The El Nino underground deposit is the down-plunge extension of the Phase Two pit that was mined in 2016-17. Initial gold production is expected late next year. R...Read More
ONTARIO - Toronto-based Wesdome Gold Mines says drifting and drilling the 7 zone at the Eagle River mine has resulted in longer than average strike lengths and extended the zone at depth. The underground mine is located about 50 km west of Wawa.The 7 zone is an intermediate zone parallel to the 300 zone to the north and the historic 8 zone to the south. The development work taking place on the...Read More
Alto Ventures (TSXV: ATV) announced today that it has received a work permit to carry out exploration programs consisting of line cutting, ground geophysics and 3,000 metres of diamond drilling on its Oxford Lake project in Manitoba, central Canada. The work permit, however, was issued with certain conditions including a requirement that a heritage resource impact assessment is completed before wo...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") has entered into an agreement with Cormark Securities Inc., as lead underwriter on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought deal private placement basis, 6,818,000 flow-through shares of the company at a price of 44 cents per flow-through...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that the Company has achieved $219,120 in revenue from Black Friday 2018, a 246% increase over the same holiday in 2017.This major increase in revenue is largely due to the Company's recent shift in focus towards omnichannel retailing. The new revenue model unveiled earlier...Read More
Researchers from the University of Queensland have invented a new super-quick test for cancer containing gold...and it's likely to be cheaper than other similar tests.Read full newsRead More
Researchers from the University of Queensland have invented a new super-quick test for cancer containing gold...and it's likely to be cheaper than other similar tests.Read full newsRead More
"$AMRN - Amarin Corporation plc (AMRN) CEO John Thero Presents at Citi's 2018 Global Healthcare Conference (Transcript) https://t.co/iXjo5KUIiM"Read full newsRead More
"$AMGN - Amgen Inc. (AMGN) Presents at 60th American Society of Hematology (ASH) Annual Meeting Presentation (Transcript) https://t.co/RTBfweZYQh"Read full newsRead More
"$SWKS - Skyworks Solutions, Inc. (SWKS) Management on Barclays Global Technology, Media and Telecommunications Conference (Transcript) https://t.co/KOgEe35sPg"Read full newsRead More
Cobalt 27 Capital Corp. (TSXV: KBLT; OTCQX: CBLLF; FRA: 270) is ramping up its exposure to the electric vehicle (EV) revolution with substantial cobalt stream acquisitions to complement its portfolio of battery metal royalties and inventory of physical cobalt.This year Cobalt 27 acquired from Vale, the world's first pure cobalt stream for US$300 million on Vale's Voisey's Bay mine located in Labra...Read More
Growing uncertainty over the outlook for global growth has weighed on commodity prices and miners during recent months. Much of this has been triggered by fears of a trade war between the world's two largest economies, the U.S. and China. As base metal prices have softened, so too has the price of Canada's fifth largest miner Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK), which is down by 15% for t...Read More
If the "risk on/risk off" stock market meme was absurd, its derivative - the "trade war on/trade war off" meme - is idiotic. Over the last several weeks, the stock market has gyrated around media sound bytes, typically dropped by Trump, Larry Kudlow or China, which are suggestive of the degree to which Trump and China are willing to negotiate a trade war settlement.Please do not make the mis...Read More
Wall Street futures are pointing to a lower start today but precious metals are on the rise.Gold was around US$1,240 an ounce on the spot market earlier, about $5/oz higher than this time yesterday, but overtaken by palladium which was close to $1,245/oz.Base metal futures were lower in Asian trade this afternoon except lead, which was unchanged at the time of writing.Metals and mining stocks were...Read More
It was worth over US$1,246 an ounce on the spot market at the time of writing, while gold was around $1,240/oz.Palladium had briefly touched a fresh high of $1,261.72/oz yesterday."People are grasping for whatever ounces of material they can get," BMO Capital Markets head of base and precious metals Tai Wong told Bloomberg yesterday."It's very expensive to borrow, and that is perhaps the biggest f...Read More
Trench sampling at Evrim's Cuale Project in Jalisco, Mexico. Source: Evrim Resources Corp.Evrim Resources Corp. [EVM-TSXV] shares fell sharply in active trading Thursday December 6 after the company released initial drill results from its 100%-owned Cuale high sulphidation epithermal gold project in Jalisco, Mexico.The company said it has received assay results from four of the first five drill ho...Read More
The Moss gold-silver mine in western Arizona. Source: Northern Vertex Mining Corp.Northern Vertex Mining Corp. [NEE-TSXV; NHVCF-OTC] said Thursday December 6 that it has signed a definitive US$20 million silver streaming agreement with Maverix Metals Inc. [X-TSXV; MACIF-OTC] and has arranged a concurrent fully financed private placement that will generate US$8 million for the company.Greenstone Re...Read More
JP Ross PropertyWhite Gold Corp. (TSX.V: WGO, OTC - Nasdaq Intl: WHGOF, FRA: 29W) (the “Company) is pleased to announce additional Reverse Circulation ("RC") drill results and trenching results from the Vertigo target on the JP Ross property, Yukon, Canada. These results included a significant extension of the discovery Reverse-Air-Blast ("RAB") drill hole which extended the mineralization a...Read More