Investors in gold stocks woke up this morning to a newsflash that has taken many by surprise: senior gold miner Goldcorp (TSX:G)(NYSE:GG) is getting acquired by Newmont Mining (NYSE:NEM) in an all-stock deal worth US$10 billion. Goldcorp shareholders should get 0.3280 Newmont share and US$0.02 for each Goldcorp share held. The new company, called Newmont Goldcorp, will become the largest gold m...Read More
Kirsten Marcia is the founder of DEEP and its President and CEO.The FEDs announced Friday support for a new geothermal energy power facility that is being led by DEEP Earth Energy Production Corp. (DEEP).The energy project is the first of its kind in Canada as its taps into a new energy resource and is located near Estevan in southeastern Saskatchewan.Geothermal energy harnesses heat from the eart...Read More
Goldcorp's Eleonore Mine in northern Quebec. Source: Goldcorp Inc.Consolidation in the global gold mining sector continued Monday January 14 with news that Goldcorp Inc. [G-TSX; GG-NYSE] and Newmont Mining Corp. [NEM-NYSE] have agreed to merge in an all-stock deal worth $10 billion.The combined company, called Newmont Goldcorp, will have operations in the Americas, Australia and Ghana, producing b...Read More
Share this articleVANCOUVER - Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has provided a summary of exploration results from the 2018 exploration program on their 100% owned Justin Gold Project in the Yukon Territory. Work completed in 2018 included the collection of 19 channel and 28 chip samples from 5 trenches, 16 rock samples, 7 till samples and 240 soil samples with...Read More
The tides have turned, dear investor.The great wave of optimism that drove global markets over the past few years has all but receded. Now, pessimism and fear have begun to flow in. And that changes everything, particularly for safe haven assets like gold.Most of the time, gold is a good place to park extra money. That's because prices are generally stable over the long term.Back in 2011, gold pr...Read More
Share this articleVANCOUVER - Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion.The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp's outstanding common shares.The deal has the unanimous support of the directors of both companies but requires regu...Read More
GGX Gold (GGX; US-OTC; GGXXF) continues to cut near surface high-grade gold mineralization at its 56-sq.-km Gold Drop property near Greenwood in southern British Columbia.The results come from a November 2018, 11-hole drill program where GGX tested the southwestern region of Gold Drop's COD vein system.Highlights from the latest assays include 129.1 grams gold and 1,154.9 grams silver over 7.2 met...Read More
Newmont Mining just agreed to merge with Goldcorp in a $10 billion deal that creates the world's premier gold company by output.This deal follows the mega-deal in September which saw Barrick Gold merging with Randgold."This combination will create the world's leading gold business with the best assets, people, prospects and value-creation opportunities," said Gary Goldberg, Newmont's chief executi...Read More
The tides have turned, dear investor.The great wave of optimism that drove global markets over the past few years has all but receded. Now, pessimism and fear have begun to flow in. And that changes everything, particularly for safe haven assets like gold.Most of the time, gold is a good place to park extra money. That's because prices are generally stable over the long term.Back in 2011, gold pr...Read More
Video posted January 2019 showing our exciting progress as we advance the Pastos Grandes lithium brine project, bringing ...Read More
"Barrick Gold's Profitability Likely To Improve Through 2020 Due To Synergies From Randgold Merger https://t.co/zyUwAFOemW"Read full newsRead More
Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs a...Read full newsRead More
"Weekly Big News Round-Up. What happened in the Resource sector in the past week? Find out here: https://t.co/UaqIBeYiVA #resource #mining #exploration #investing #INN"Read full newsRead More
"Investors, if you haven't already, take 5 minutes to get to know the story about NorthBud Farms (NBUD-CSE) $NBUD @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #Potstocks #hemp #CBD #smallcap #cannabis #THC Read the Corporate Presentation here: https://t.co/nIjG4KetWK"Read full newsRead More
Tesla Gigafactory 1, which produce battery packs and battery cells in partnership with Panasonic, is quickly becoming the automaker's most important asset as it has now already produced over ...Read full newsRead More
Gold miners are expected to remain committed to cutting costs and capping expenditures in 2019, a new report by Fitch Solutions reveals.According to the document, despite the fact that prices are predicted to average $1,300/oz and that most major miners' cash costs of production should remain comfortably below $900/tonne, the largest firms in the world are likely to remain committed to spending cu...Read More
A coal mine roof collapse in northwest China's Shaanxi province killed 21 miners on Saturday, the state-run People's Daily reported on Sunday.The accident is the deadliest reported so far this year in China's coal industry, known for its poor safety record.It occurred at Baiji Mining Co Ltd's Lijiagou mine in the city of Shenmu at around 4:30 p.m. (0830 GMT) on Saturday, when 87 people were underg...Read More
Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy??n province.In a statement, management said the action was sparked by the company's decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. But on Janu...Read More
A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More
Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Lim??n Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in dor?(C), with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.Accord...Read More