Spanish Mountain Gold (TSXV: SPA) is one step closer to developing its namesake project in British Columbia following the acceptance by local First Nations of the results of an independent archaeological impact assessment.In a press release, Spanish Mountain said the survey found the investigated area to have sustained previous disturbance through extensive forestry-related and placer mining activ...Read More
Canada's Kirkland Lake Gold (TSX. NYSE: KL) announced today that management increased its consolidated three-year production guidance and improved its unit-cost guidance for 2019.In a press release, the miner said that there is potential for a million ounces in 2019 as guidance was increased to 920,000 - 1,000,000 ounces from the previously announced 740,000 - 800,000 ounces.For next year, Kirklan...Read More
Brazil's mining agency (ANM) has ordered Vale (NYSE:VALE) to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crack down following last month's deadly dam break at the iron producer's Corrego do Feij??o mine.Vargem Grande complex, which accounts for around 13 million tonnes of iron ore per year, had been shut since early February.The Rio de Janeiro-based company...Read More
France's Eramet said on Wednesday it would make a fresh effort this year to...Read full newsRead More
Palladium prices broke above $1,500 for the first time on Wednesday due to a pro...Read full newsRead More
Record gold production; Record reserves for gold, silver, and leadCompany Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today announced fourth quarter and full year 2018 financial and operating results.YEAR-END HIGHLIGHTSSilver production of 10.4 million ounces and record gold production of 262,103 ounces.Silver equivalent production of 4...Read More
Canada's Lundin Gold (TSX:LUG), the company that plans to kick off production at its Fruta del Norte gold project in Ecuador later this year, will boost exploration in the country thanks to C$40.5 million (about $30.8m) in financing secured this week.A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, has agreed on a bought deal basis to buy 7.5 million shares at $5.40...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), an advanced platform for the automated distribution of omnichannel product information, and Riversand, a cloud-native Master Data Management (MDM) and Product Information Management (PIM) provider, announced today the formation of a strategic partnership enabling brands to instantly and efficiently communicate...Read More
"$PM - Philip Morris International Inc. (PM) Presents at the Consumer Analyst Group of New York (CAGNY) Conference (Transcript) https://t.co/AhHo2RxcoV"Read full newsRead More
Palladium prices broke above $1,500 for the first time on Wednesday due to a pro...Read full newsRead More
As U.S. markets re-open after the holiday, the world's "queen of assets" continues her glorious ascent to higher prices. Please click here now. Double-click to enlarge this magnificent short term gold chart.The rise above $1332 ushers in my new short-term target: $1355!Please click here now. Gold is well on its way to becoming a mainstream asset like stocks and bonds.The reason for that is the "...Read More
Intermediate gold miner New Gold (TSX:NGD)(NYSE:NGD) has been roughly handled by the market, losing 64% over the last year, despite gold losing a mere 1%. Much of this can be blamed on management revising production forecasts downwards and a raft of issues impacting operations at New Gold's Rainy River mine. While there are concerns over New Gold's ability to unlock value, there was a significant...Read More
One of North America's most advanced lithium mining-development-stage plays, Nemaska Lithium (TSX:NMX) is heavily beaten down right now after a precipitous share price drop on February 13. Could this be the best entry point for contrarian investors, who have always harboured some affection for the stock?Why the scary plunge? On February 13, Nemaska Lithium stock plunged by as much as 46% in a day...Read More
It said a syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at $5.40 each.Read More
Visible gold in diamond drill core from Wallbridge's Fenelon gold project in Quebec. Source: Wallbridge Mining Co. Ltd.Wallbridge Mining Co. Ltd. [WM-TSX; WC7-FWB] shares were active again Thursday February 21 after the company said drilling has identified a new gold zone at its 100%-owned Fenelon Gold property in Quebec."The new zone intersected in hole FA-18-051 is located several hundred metres...Read More
It's an incredibly unloved stock.Perhaps that's why I like it so much.Supreme Cannabis (TSX: FIRE)(OTCBB: SPRWF), a Canadian cannabis player, announced earnings last week and absolutely crushed it.The company narrowed losses, improved margins, and boasted a revenue increase of 359%.But investors yawned. Or rather, they were preoccupied with two other cannabis companies that were also announcing ea...Read More
Bluestone Resources Inc. (TSXV:BSR, OTCQB:BBSRF) is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects, located in Guatemala. A Feasibility Study on Cerro Blanco returned robust economics, with a quick pay back and an average annual production projected to be 146,000 ounces per year, over the first three years of...Read More
Black Iron (TSX: BKI; US-OTC: BKIRF) and Glencore (LON: GLEN) are in talks to finance construction of the junior's Shymanivske iron ore project in Ukraine and have signed a non-binding memorandum of understanding to begin formal negotiations on the financing-offtake package."They've had their eye on this project for a while and a number of things are quickly coming together such that Glencore beli...Read More
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per tonne for 324,000 oz. gold and 25.4 million inferred tonnes at 2.54 grams gold for 2.08 million oz. gold.The resource is split between pit constrained, bulk underground and selective underground mining...Read More
After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate.The plan is to build on the resource and advance the project through a preliminary economic assessment and into the feasibility stage of development.Golden Hill contains 415,000 ounces of gold in 6.40 million indicated tonn...Read More