In December 2018, Yorbeau Resources Inc. (TSX: YRB; US-OTC: YRBAF) optioned its Rouyn gold property in Quebec to IAMGOLD Corporation (TSX: IMG; NYSE: IAG) and a month later, the two companies began drilling the property.The Rouyn property is located roughly 4 km south of Rouyn-Noranda and covers a 12 km stretch of the gold-rich Cadillac-Larder Lake Break.The companies now have two drill rigs turni...Read More
OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More
Trade wars are not sustainable and you should be using the current weakness in copper prices to initiate or increase positions in your favorite explorers.That's the advice I've been giving subscribers over the past several months and, like clockwork, copper has surged near the $3/lb. level on news that "substantial progress" in trade talks was made over the weekend, along with Trump announcing he...Read More
Steinmetz has been the focus of corruption investigations after his company, where he is officially a consultant, was handed half of Rio Tinto's stake in the massive iron ore project in 2008 by former dictator Lansana Conté.Current president Alpha Conde stripped these rights from Beny Steinmetz Group Resources (BSGR) after it had sold half of the project to Vale for US$2.5 billion (although...Read More
Feb. 22nd, 2019(S14-E684)Featured GuestsDr. Stephen Leeb& Michael PentoPlease Listen HereBest selling author, and show Mentor, Dr. Stephen Leeb returns with an even more robust outlook on precious metals.Dr. Leeb feels the trade war between the US / China will be resolved amicably without undo distress to either nation.The narrative includes the musical accomplishments of Glenn Gould, a most rem...Read More
"Stay tuned!#Investor #Growpacker #Cannabis#Alcohol #Copacking #Distribution #Transportation #CEO #Formulation #Edibles #THC #California #USA #Investing"Read full newsRead More
Excluding Vale (NYSE:VALE), close to 8 million tonnes of seaborne iron ore supply from Brazil is at risk in 2019, a report by Wood Mackenzie states.According to the market analyst, such a supply disruption would be the result of the new regulation published by Brazil's National Mining Agency or ANM, which establishes the ban of all dams in the country built with the upstream method.Based on the ne...Read More
Scientists at the Japan Aerospace Exploration Agency or JAXA reported this week that the Hayabusa2 spacecraft touched down on the asteroid Ryugu and will start collecting samples of the dust in its surface.The idea is to analyze such samples and get one step closer to understanding the origin of Earth's water and precious minerals. According to the agency, asteroids are considered one of the candi...Read More
Scientists at the Japan Aerospace Exploration Agency or JAXA reported this week that the Hayabusa2 spacecraft touched down on the asteroid Ryugu and will start collecting samples of the dust in its surface.The idea is to analyze such samples and get one step closer to understanding the origin of Earth's water and precious minerals. According to the agency, asteroids are considered one of the candi...Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More
"$NOC - Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Citi's 2019 Global Industrials Conference (Transcript) https://t.co/9tsBX9bwOu"Read full newsRead More
Newmont Mining shares jumped higher Friday amid reports that rival Barrick Gold is prepping a hostile takeover bid that would value the gold mining group at around $19 billion.Read full newsRead More
Gold futures suffered the biggest single-session since August 2018 on February 21. The pullback was not unexpected given the momentum that gold had built since late 2018. The yellow metal has been the beneficiary of volatility late last year, and prices rose even higher on the dovish turn from the U.S. Federal Reserve. Heading into 2019, I was bullish on gold, especially given the potential for vo...Read More
Nicola Mining Inc. (TSX.V: NIM) is in the process of recommencing mill feed processing operations at its 100% owned state-of-the-art mill and tailings facility, located near Merritt, British Columbia. It has already signed four mill profit share agreements, with high-grade gold producers. The fully-permitted mill can process both gold and silver mill feed, via gravity and flotation processes. At t...Read More