Shares of SSR Mining traded 10% higher after the company reported Q3/20 earnings and stated that it was on track with its full-year guidance to produce 680-760 Koz gold equivalent in FY/20. SSR Mining Inc. (SSRM:NASDAQ) today announced third quarter operating and consolidated financial results for the period ended September 30, 2020.The company's President and CEO Rod Antal commented, "With the t...Read More
With four gold projects in Nevada, Fremont Gold looks to make a new gold discovery in the state. Nevada's Carlin Trend is a behemoth, having produced more than 84 million ounces of gold since the 1960s. To get an idea of what is still in the ground, the Carlin Complex, operated by Nevada Gold Mines, the Barrick Gold and Newmont joint venture, sports a resource of 30 million ounces gold in the Mea...Read More
Cyon Exploration's project, in "Elephant Country," near the huge Cortez mining complex, offers the potential of both placer and hard-rock mining. Nevada's Cortez Trend is home to mega deposits, such as the Barrick Gold-Newmont JV Pipeline-Cortez complex that is estimated to have 45 million ounces of gold. Newly renamed Cyon Exploration Ltd. (CYON:TSX.V) formerly True Grit Resources recently acqui...Read More
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver. Believe it or not, the big deal for precious metals this week was not the U.S. election.It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.Monday was massively...Read More
Nov 14, 2020 Guest(s): Howard Marks CEO, StartEngine The future lies in clean energy and clean transportation, and technology companies surrounding those themes will benefit investors, said Howard Marks, CEO of StartEngine, an equity crowdfunding platform. "Entrepreneurship is still a very good area for investment, anything to do with technology. I think green technology, which includes solar en...Read More
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver. Believe it or not, the big deal for precious metals this week was not the U.S. election.It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.Monday was massively...Read More
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver. Believe it or not, the big deal for precious metals this week was not the U.S. election.It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.Monday was massively...Read More
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver. Believe it or not, the big deal for precious metals this week was not the U.S. election.It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.Monday was massively...Read More
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver. Believe it or not, the big deal for precious metals this week was not the U.S. election.It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.Monday was massively...Read More
* Dollar rises to near one-week high * Traders eye U.S. initial jobless claims on Nov. 12 * Fed policymakers suggest more specific fiscal support * Interactive graphic tracking global spread of coronavirus: (Adds analyst comments and updates prices)By Asha SistlaNov 11 (Reuters) - Gold eased on Wednesday on a firmerdollar and market optimism over a potential COVID-19 vaccine,but bets for continued...Read More
Jack ChanPosted Nov 10, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices.Our ratio is...Read More
In conversation with Maurice Jackson of Proven and Probable, Michael Rowley, the CEO of Group Ten Metals, outlines the latest developments at the company's flagship project. Image Taken from Stillwater WestMaurice Jackson: Joining us for a conversation is Michael Rowley, the CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE). Mr. Rowley, glad to speak with you, sir, to get us up to d...Read More
We last wrote to you roughly ten days ago.We concluded, “It appears GDX and GDXJ will test their September lows at $37 and $52 reasonably soon. Should GDX & GDXJ break those lows to the downside, then we should get ready to buy.”GDX and GDXJ did break their September lows but only for a day. They closed below those levels on October 29 and then gapped down the next day. But as...Read More
-Senior Seasoned Mining Professionals Mr. Robert W. Schafer and Ms. Tara Gilfillan Bring Deep Industry ExperienceELKO, Nev., Nov. 11, 2020 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that Mr. Robert W. Schafer and Ms. Tara Gilfillan have been elected to the Board of Directors. Following the recent Annual Shar...Read More
Magna Gold acquires the Margarita asset in the prolific Sierra Madre Gold Belt. In a news release, Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) announced that it and its subsidiary Molimentales del Noroeste agreed to acquire the Margarita silver project in Chihuahua, Mexico, from Sable Resources. The two-part transaction is due to close on or around Nov. 16, 2020."Acquiring the property gives the co...Read More
Liberty Gold has defined the D-3 Zone at Black Pine as a high-grade oxide gold zone. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) extended the D-3 zone to the southeast through drilling at its Black Pine oxide-gold project in Idaho, it announced in a news release. "The D-3 zone has grown from a single discovery hole to a well-established oxide gold zone in under six months," President and CEO Cal Ev...Read More
Nomad Royalty Company reported Q3/20 financial results that included a 26.5% increase in the number of gold ounces earned along with a 47.9% increase in silver ounces. In a news release, Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) announced operating and financial results for the third quarter of 2020 ended September 30, 2020.Nomad Royalty's CEO and Chair of the Board of Directors Vincent M...Read More
Emerita Resources provided details of the planned drill program for its West Iberian Belt Cu-Pb-Zn-Ag Property in Spain. In a news release, Canadian natural resource company Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTC;LLJA:F) announced that it submitted the initial drill program for its West Iberian Belt Project to the mining authorities in Andalusia, Spain, and the program has been accepted. T...Read More
Grande Portage Resources reported it has completed its 2020 drill program at the Herbert Gold Project located 25 km north of Juneau, Alaska. In a news release, Vancouver-based mineral exploration company Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced that "it has completed its previously announced two rig drill program at the Herbert Gold project in S.E. Alaska." The fi...Read More
This set takes the number of assets Vox Royalty purchased since January 2019 to 40. Vox Royalty Corp. (VOX:TSX.V) announced in a news release it entered an agreement to acquire the rights of up to eight royalties from Breakwater Resources and some of its affiliates for up to CA$980,000, comprised of up to CA$455,000 in cash and CA$525,000 worth of Vox shares. The deal is expected to close 70 days...Read More