Shares of Evrim Resources (TSXV: ERM) surged 18.5% to $1.28 on news that Newmont Mining (NYSE: NEM) is acquiring 4.85 million shares of the company at $1.50 per share for a 5.2% stake.It's the first time Newmont has taken a position in the junior, although the two companies have been working together on generative exploration in North America for the last year, and had an earlier exploration allia...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
The cobalt bluesSince hitting near decade highs in March, battery raw material cobalt is down by more than a third as new supply from the Congo, responsible for the bulk of cobalt mining, enter the market.Cobalt sulphate prices, the refined form commonly used in the battery supply chain, has also succumbed and is trading at its lowest level since November 2017.Cobalt is by far the priciest compone...Read More
Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) (Frankfurt: E2L2) ("Aben" or the "Company") is pleased to announce it has closed its previously announced non-brokered private placement financing (see news release dated August 15, 2018) for aggregate gross proceeds of approximately CAD $4.28 million.Read full newsRead More
"Great overview of $FPX.V with @duediligenceguy interviewing our CEO Martin Turenne at the recent @sprottmedia conference in Vancouver https://t.co/lWaGVoqUBp"Read full newsRead More
Rockhaven Resources (TSXV: RK; US-OTC: RKHNF) is pushing ahead at its Klaza gold project in the southern part of Yukon's Dawson Range gold belt, updating metallurgy and resources while trying to demonstrate the potential of the project."We're kind of everything people are looking for in an exploration project," company president and CEO Matt Turner says from Dawson, Yukon, at a conference in late...Read More
Publisher's Note: Today we're bringing you part two of an interview our junior mining expert and editor of Junior Mining Monthly and Junior Mining Trader, Gerardo Del Real, recently landed with President and CEO of Aben Resources (TSX-V: ABN)(OTC: ABNAF), Mr. Jim Pettit.Aben Resources recently released truly unique drill results that have already driven share prices up 70%. That may only be the st...Read More
Mr. Ivan Bebek reportsAURYN COMMENCES DRILLING AT HOMESTAKE RIDGE GOLD PROJECT AND PROVIDES UPDATE ON DRILLING PROGRESS AT COMMITTEE BAYDrilling has commenced at Auryn Resources Inc.'s 100-per-cent-owned Homestake Ridge project located in northwestern British Columbia. The program, which began on Aug. 7, 2018, consists of approximately 3,000 metres of core drilling to target gold mineralization al...Read More
Aben Resources (TSXV: ABN; US-OTC: ABNAF) is expanding its exploration and drilling program this year at its Forrest Kerr gold project in B.C.'s Golden Triangle with the help of a $2 million investment from financier Eric Sprott.The financing follows assays released earlier this month from the first drill hole of the year, which returned four separate high-grade intervals within 190 metres downhol...Read More
It is expected that around 30% of the workforce will be cut.Read full newsRead More
Source: BloombergCopper continued to decline on Tuesday to touch its lowest in 13 months after disappointing economic numbers from top consumer China and the possibility of an averted strike at the world's biggest mine conspired to push the price of the orange metal lower.Copper fell 2% to $2.6770 a pound or $5,902 a tonne on the Comex market in New York bringing its losses over just two months of...Read More
After yesterday's dynamic price drop, the real question is will gold go lower or will it rally from here? The possible answers are entirely different when you look at the technical data and when you then look at the fundamental events behind the selloff in gold. On a technical basis, gold is over-sold. This week gold broke below the 0.618% retracement as it traded through and below $1,218 per ounc...Read More
The planned earn-in joint venture between Equinox Gold and AngloGold, to be carried out at the Aurizona greenfields concessions in Brazil, has been terminated by AngloGold.Read full newsRead More
Bob Moriarty of 321 Gold discusses a gold explorer in British Columbia's Golden Triangle that just released off-the-charts drill results.Sponsored ContentRead How This Risk Taking Combat Pilot Become a Successful Investor. Get the Book Now I've written about Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) before. In my first piece, I talked about Ron Netolitzky, the man who discovered Eskay Creek and...Read More
Centerra Gold Inc. said that a lack of available water is posing a threat to is Mount Milligan mine in British Columbia.Read full newsRead More
Ivan Bebek, Executive Chairman and Director of Auryn Resources, gives updates on several gold targets in North America that are being explored this summer.Read More
Daniel RacineDaniel Racine was elevated to president and chief executive officer of Yamana Gold, the company announced today.Racine, who previously served as executive vice president and chief operating officer, will take the position from Yamana founder Peter Marrone.Yamana will be trying out a different leadership structure. Marrone will stay with the company and will assume the newly-created ro...Read More
Young Bull or Long in the Tooth?Occasionally, not so easily found public research is sent to us. We pass it on hopefully your benefit. For our first OpportunisticTrader "share" here is the latest gold research from CANACCORD | Genuity presented with only one comment:Based on their assessment bull markets average an ROR of 106%. Using Dec 2015 as their reference point, that puts us near $2180.00....Read More
The World Gold Council has today announced that Aram Shishmanian will be stepping down as Chief Executive Officer next year after 10 years of leadership.Mr Shishmanian has been CEO of the World Gold Council since January 2009. Under his leadership, the market development organisation has promoted fundamental changes to gold policy in key markets such as China and India, as well as setting new stan...Read More
TORONTO, Aug 1 (Reuters) - Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters.Bruised by a strong U.S. dollar, the price of gold is nearing a one-year low, with speculators holding record short positions.China, the world's largest producer and consum...Read More