Mr. David Wolfin reportsAVINO ANNOUNCES AN UPDATED MINERAL RESOURCE ESTIMATE AT THE AVINO PROPERTYAvino Silver & Gold Mines Ltd. has completed an updated mineral resource estimate for the company's Avino property located near Durango in west-central Mexico. The updated estimate encompasses the property's San Gonzalo mine, the Avino mine vein systems and the property's oxide tailings. The miner...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD REPORTS STRONG FULL-YEAR AND Q4 2017 EARNINGS AND CASH FLOWKirkland Lake Gold Ltd. has released its financial and operating results for the full year and fourth quarter of 2017. The company's full financial statements and management discussion and analysis are available on SEDAR and on the company's website. All dollar amounts in this news release are e...Read More
Tech giant Apple Inc (NASDAQ: AAPL) is said to be in talks to buy long-term supplies of cobalt directly from miners as a way to ensure sufficient supply of the metal, an essential ingredient in the batteries that power its iPhone.Citing anonymous sources, Bloomberg reports that the company is trying to secure contracts for several thousand tonnes of cobalt for five years or longer.Electronics and...Read More
Peter Schiff on the US dollar and Gold Read full newsRead More
The mining industry is awash with cash, and so far it's got two main uses - pay down debt and reward investors.Three of the big four London-listed miners have released earnings this month, and it's clear the companies are doing what shareholders have demanded of them. Glencore Plc, which traditionally favored stuffing its war chest over rewarding shareholders, surprised the market with a $2.9 bill...Read More
Canada's main stock index dipped on Tuesday as a drop in the shares of gold mining companies offset gains for the energy group.Read full newsRead More
Camag? 1/4 ey, Feb 20 (Prensa Latina) The mines Chrome Camag? 1/4 ey, Gold Jacinto and Golden Hill are today vital fields in the exploitation of minerals rich in silver and gold, under the management of Enterprise Geominera Camag? 1/4 ey, in this central-eastern Cuban region.Read full newsRead More
VANCOUVER British Columbia, Feb. 20, 2018-- Evrim Resources Corp. is pleased to announce that it has signed a Letter of Intent with a subsidiary of Coeur Mining, Inc. on the Company' s Sarape epithermal ...Read full newsRead More
CALGARY, Feb. 20, 2018 /CNW/ - PRIZE MINING CORPORATION ('Prize' or the 'Company') (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it ha...Read full newsRead More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG GROWTH IN MINERAL RESERVES AND MINERAL RESOURCESKirkland Lake Gold Ltd. has provided updated mineral reserve and mineral resource estimates as at Dec. 31, 2017. Comparisons to previous Mineral Reserves and Mineral Resources are to estimates as at December 31, 2016, with the exception of the Fosterville mine, where comparisons are also ma...Read More
http://www.mining.com/An auction for the $2 billion Michiquillay copper project in Peru attracted 10 interested companies according to Peru’s government investment agency Proinversi??n with Southern Copper Corp declared the winner on Tuesday.Reuters reports Southern Copper won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper is contr...Read More
Gold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold stocks could threaten support and...Read More
A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed a tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the headwinds of marginally higher interest rates and a consumer that is bulging from the eyeballs with debt. Windfall tax rebat...Read More
NuLegacy Gold (NUG.V) has provide more specifics on its widely-anticipated 2018 drill program on the Red Hill property in Nevada. The company expects to get back in the field for a 12,000 meter drill program in March with a specific focus on discovering new gold zones.This announcement isn't entirely unexpected after what could best be described as a 'very successful exploration season' in 2017, w...Read More
Aztec Minerals (AZT.V) is working through a 15 hole drill program at its Cervantes copper-gold project in Mexico's Sonora state, and the drill results of the first few holes are very encouraging. Whilst hole 1 and 2 didn't return any significant metal values (not unexpected, considering this is the first drill program on the property, so the hit rate wasn't expected to be high) whilst hole 4 did c...Read More
Tesla electric automobiles utilize lithium-ion batteries. Photo courtesy Tesla, Inc.It is no secret that speculation in the mineral exploration is currently being driven by optimistic forecasts about the market penetration of electric vehicles and the future impact on demand for lithium ion batteries. That, in turn, is driving investor interest key battery ingredients, including lithium, cobalt an...Read More
Cannabis Wheaton Income Corp. (TSXV:CBW) announced recently a joint venture to develop 1.4 million sq. ft. of greenhouse space in the Leamington areaSmallCapPower | February 21, 2018: Cannabis Wheaton Income Corp. (TSXV:CBW) announced Friday that it has inked a joint venture agreement with Peter Quiring via a newly-formed subsidiary "GreenhouseCo" to develop a purpose-built greenhouse for cannabi...Read More
The Guyana Goldfields Aurora gold mine in northwest Guyana, South America. Source: Guyana Goldfields Inc.Guyana Goldfields is a Canadian mid-tier gold producer, primarily focused on the exploration and development of gold deposits in the Guiana Shield of South America. The Guiana Shield is the northern part of the Amazon Craton and covers parts of Guyana, Venezuela, Suriname, French Guyana and nor...Read More
The Tahoe Resources La Arena gold mine 480 km northwest of Lima, northern Peru. The La Arena II Project is adjacent to the mine. Source: Tahoe Resources Inc.Tahoe shares rose 4.37% or $0.22 to $5.26 on Wednesday February 21.The company said it expects to continue its evaluation of La Arena II Project with the intent of advancing it to a pre-feasibility or feasibility stage. The timeline and estima...Read More
As stocks tumbled, gold rallied…Copyright and other rights (C) 2018 World Gold Council. All rights reserved. World Gold Council and the Circle device are trademarks of the World Gold Council or its affiliates. All references to LBMA Gold Price have been provided for informational purposes only. ICE Benchmark Administration Limited accepts no liability or responsibility for the accuracy of t...Read More