Mr. David Wolfin reportsAVINO ANNOUNCES COMMENCEMENT OF DRILLING AT BRALORNE AND EXPLORATION UPDATEAvino Silver & Gold Mines Ltd. has provided an update on its recently announced2018 to 2019 strategic exploration objectives for the Bralorne gold mine located near Gold Bridge, B.C. The company is using the gross proceeds of $6-million raised from the flow-through shares offering which closed on...Read More
Chaarat Gold Holdings (LON:CGH), the company trying to buy Centerra's Kumtor mine in Kyrgyzstan, said Tuesday it would raise up to $100 million to help fund the acquisition of a producing polymetallic mine in Central Asia.While the Kyrgyz Republic-focused explorer and developer did not reveal what project it was pursuing, it did say the acquisition was part of its consolidation strategy for the r...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q2 FY18") and six months ("YTD") ended June 30, 2018. On January 9, 2018 the Company changed its fiscal year-end from February 28 to December 31. As required in such cases, Q2 FY18 is being compared to three months and six months ended May 31, 2...Read More
Gold's impressive rally continues to accelerate. Key fundamental and technical price drivers are playing a bullish song with almost perfect harmony.Please click here now. Double-click to enlarge what may be the most beautiful weekly chart continuation pattern in the history of markets.Note the awesome stance of the RSI and Stochastics oscillators as gold begins to ascend from the right shoulder...Read More
Drilling the Serene #1 discovery hole at NuLegacy Gold's Red Hill Project in Nevada. Source: NuLegacy Gold Corp.NuLegacy Gold Corp. (NUG-TSXV) has reported results from a summer drilling program on its 100%-owned Red Hill property, which is located on the Cortez gold trend in north central Nevada.Drill hold SR18-02C, a 70 degree angle core hole drilled as a 100-metre step-out to the west of the cu...Read More
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The great investor John Templeton once said, "Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria."Here is the Nasdaq 30-year chart. Every candlestick is a quarter:Many of you are old enough to remember the gut-wrenching spectacle in the markets in 2000 and again in 2008...They say it takes 20 years or a whole new generation of buyers to recreate a bubb...Read More
Renaissance Gold Inc. (TSX.V: REN) is a Nevada-based, gold/silver-focused, prospect generator, utilizing a joint venture business model. RenGold maintains a large portfolio of gold and silver exploration properties and has entered into over 65 exploration agreements, with the objective of testing as many drill targets as possible and providing maximum exposure to success through discovery. We lear...Read More
Morgan Bazilian, executive director of the Payne Institute for Earth Resources and research professor of public policy at Colorado School of Mines, was recently featured in a Financial Times article about Facebook's plan to buy renewable energy to cover 100 percent of its electricity use by the end of 2020.From the article:Morgan Bazilian of the Colorado School of Mines was, along with Mr Brand...Read More
Larry Nagy has covered a lot of ground since graduating with a degree in geological sciences from the University of Saskatchewan in 1966.As a director of Delaware Resources he was responsible for Delaware's acquisition and development of the SNIP property, a gold project in B.C. that he originally identified for re-staking in his earlier career at Cominco. He also served as a director of Calpine R...Read More
U.S. markets swung upward, as gold gained 1.7% to end the trading week at US$1,205.30. The Philadelphia Gold and Silver Index rose 2.6% to 67.68 and the Dow Jones Industrial Average, 0.4% to 25,790.35. The S&P 500 Index also went up 0.8% to 2,874.69.Shares of Sibanye Gold rose 10% to US$2.31. Despite losing 21 workers so far this year to fatalities, Sibanye reported strong operating and financial...Read More
Cantor Fitzgerald has raised its target price on Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) to US$3.50/C$4.50 per share from US$3.00/C$3.75 per share following a recent site visit of the company's Artic and Bornite projects in northwestern Alaska.The high-grade Bornite copper-cobalt and Arctic polymetallic projects are part of Trilogy's Upper Kobuk mineral projects (UKMP) in Alaska's Ambler mining di...Read More
Enforcer Gold (TSXV: VEIN; US-OTC: EFRGF) has updated the resource estimate for the Roger gold-copper project, 5 km from Chibougamau, Quebec, for the first time since 2006 as it tries to earn a 50% interest in the project from operator SOQUEM.The property now contains a pit-constrained 11.14 million indicated tonnes grading 0.92 gram gold per tonne, 0.99 gram silver and 0.07% copper for 331,000 oz...Read More
To understand why Europe is watching Turkey's financial crisis with alarm, you just have to see this chart:Spanish - and to a lesser extent French and Italian - banks have lent a lot of money to Turkey. So as that country spins closer to default, those banks and their governments are in danger of having massive holes punched in their financial structures. With Greece its usual mess and Italy's bon...Read More
Aurania Resources Ltd. (TSXV: ARU) is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador. We...Read More
The junior resource sector is trying to dig itself out of a bear market that has even the most experienced and successful contrarians "bored" with the sector.The backdrop is one that I've described as a contrarian's dream and one that I'm personally taking advantage of by increasing positions in my favorite companies.Let me explain how we got here and where we're going.After years of misallocating...Read More
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Silver Viper Minerals Corp. (TSXV:VIPR) announces that it has terminated the option agreement on the Clemente Precious - Base Metal Property in Sonora State, Mexico that it entered into on December 2, 2016 with Riverside Resources Inc.Read full newsRead More
Shanghai rebar steel futures dropped nearly 1 percent on Tuesday to fall for a fifth session after last week's push to a seven-year high, but losses were limited by China's efforts to curb output as part of its battle against pollution.The absence of any breakthrough between the United States and China following talks last week on their escalating trade war also soured sentiment.On Monday, the U.S...Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for August 2018 payable on September 24, 2018 to shareholders of record as of September 11, 2018. Read full newsRead More