Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said Tuesday it has produced first gold and silver at its Cerro Moro mine, located in Argentina's Santa Cruz province.The Toronto-based miner, which began construction at Cerro Moro in 2015 and poured first dor?(C) last month, expects to finish building the mine this year.The company expects most of Cerro Moro's 2018 production in the second half o...Read More
Equinox Gold will incorporate Solaris Copper to hold all of Equinox's former copper assets.Equinox Gold, which announced the change last week, is the latest company to spin out assets that are enjoying a lift due to the anticipated electric vehicle revolution.The chief assets being moved to the new company are the Warintza project in Ecuador and the La Verde project in Mexico.Equinox chairman Ross...Read More
Gold has weakened sharply in recent weeks because of the growing optimism surrounding the world economy. There are rising concerns, however, that Trump's trade policies could ignite a global trade war, which would cause economic growth to weaken. The impact of this would be exacerbated by higher crude and fears of another crisis for the euro because of Italy's deteriorating economy.In such an envi...Read More
A key part of Trump's political platform is his push to make America great again and revitalise U.S. industry. He intends to do this by levying a broad range of tariffs and other restrictions on free trade across a swathe of imported products so that locally manufactured products can compete. This saw Trump impose trade tariffs against the European Union (EU) and China, slapping tariffs on EU stee...Read More
Despite calls from some quarters in the U.K. for a second referendum, Brexit is still happening. As of March 29, 2019, the U.K. will no longer be part of the European Union. Though the implementation of Brexit will no doubt send waves through global markets, there may be upcoming opportunities for investors in the Canadian stock market.Short term, Britain's trade with Canada might contract, but as...Read More
Being huge, consequential and technologically advanced, China isn't normally lumped into the "emerging" category with Brazil and Argentina. To most observers they've already left the kids table and are now seated with the developed-world adults. But that might be premature. A big part of China's economic ascendance was purchased with borrowed money - including a lot of US dollars - and came at the...Read More
IRD Note: The average household is bloated with debt, housing prices have peaked, many public pensions are on the verge of collapse in spite of 9-years of rising stock, bond and alternative asset values. But all of this was built on a foundation of debt, fraud and corruption. Dr. Paul Craig Roberts asks, "does the Fed have another 'rabbit' to pull out its hat?...When are America's global corporat...Read More
The Colomac Project exploration camp in the Northwest Territories. Photo courtesy Nighthawk Gold Corp.Nighthawk Gold Corp. [NHK-TSXV, OTC-MIMZF] on Tuesday June 26 announced drilling results from the North Inca gold deposit in the Northwest Territories.North Inca is one of four gold deposits located within the company's Leta Arm gold project. It straddles a well-mineralized deformation zone that i...Read More
Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE American], the target of a takeover proposal by Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC] and Lundin Mining Corp. [LUN-TSX; LUMI-Sweden], on Tuesday June 26 announced the initial resource for the Lower Zone deposit at its Timok copper-gold project in Serbia.With this news now out in the...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,280.09, up 96.13 points)Aurora Cannabis Inc. (TSX:ACB). Health care. Down 26 cents, or 2.68 per cent, to $9.43 on 9.9 million shares. The medical marijuana producer has signed a loan deal with the Bank of Montreal (TSX:BMO). Bank. Down 16 cents, or 0.16 per cent, to $101.91 on 1.7 million sh...Read More
Oil Surges: WTI at $68, Brent Hits $74.52The Wall Street Journal is reporting an OPEC oil production boost:OPEC ministers tentatively agreed to a deal to join other big producers in adding around 600,000 barrels a day of oil to global markets, according to people familiar with the matter.The agreement is in principle only and involves so-called effective barrels-or "real" barrels that will actuall...Read More
Goliath Resources Limited (TSX-V: GOT, Frankfurt: B4IE) is a project generator of precious metals projects, focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead, covering over 44,000 hectares.All four properties have brand new discoveries, nev...Read More
Rise Gold Corp. (CSE: RISE, OTCQB: RYES) owns 100% of the major past-producing, high-grade Idaho-Maryland gold mine, located in Nevada County, California, USA. The Idaho-Maryland Gold Mine is one of the United States' greatest past producing gold mines, with total past production of 2,414,000 oz. of gold at an average mill head grade of 17 gpt gold from 1866-1955. We learned from Ben Mossman,Presi...Read More
Montreal, Quebec - June 26, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report additional drill results from the western half of the Porphyry Zone within the current Resource Area at the Douay Property. Within this area (see Figure 1) a total of eight (8) infill and step-out holes were...Read More
June 26, 2018 (Investorideas.com Newswire) A Haywood Securities note described this company's recently announced corporate strategy, which includes spinning out its copper assets.In a June 21 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) intends to spin out its copper assets, three of which have upside potential, into a new corporation call...Read More
June 26, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold explains why he believes a tradable low is near and discusses one micro-cap gold explorer.Investors are utterly irrational in their buying habits. Imagine for a moment if you will, an investor in a nice gold stock watches his shares drop 25%, does he buy or sell?Well, in my experience, the average investor will sell based on nothi...Read More
June 26, 2018 (Investorideas.com Newswire) Money manager Adrian Day discusses two resource companies in his portfolio that he finds are buys at current levels.Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT, US$3.31)continues to make progress on advancing the Timok property in Serbia, as well as turning around Bisha in Eritrea. Earlier in the month, Nevsun started construction of the exploration decl...Read More
June 26, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger discusses recent activity in the precious metals markets and what it may signify.My last missive was entitled "Gold's Relative Strength Index indicating a bottom is here," and it was dispatched at noon on Thursday but was written that morning after I had tweeted out the following:Michael Ballanger?EUR? @MiningJunki...Read More
June 26, 2018 (Investorideas.com Newswire) Preparations have begun for a summer field program prior to a prefeasibility study.Fission Uranium Corp. (FCU:TSX; FCUUF:OTCQX; 2FU:FSE) recently announced that the company has begun preparing for a $6.4 million work program at its PLS project in Canada's Athabasca Basin this summer. According to the company, he project is designed to complete all remaini...Read More
June 26, 2018 (Investorideas.com Newswire) The discoveries are located in the area of the world's largest gold rush.Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTC.MKTS) recently announced its first sampling results from two new discoveries, Jerimum North and Jerimum East. In addition, further results of surface rock sampling at the Morro da Lua and Jerimum Cima targets at the Cui?? Cui?? Project, Par?? St...Read More