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
No Schedule for the Dollar's DemiseA few weeks ago we said: "This is not an environment for a Lift Off Event" Illustration of different types of lift-off events one may encounter. [PT] Sure enough, last week the price of gold was down $9 and that of silver down 11 cents. And now we are just one week away from the latest magic date put forth by a celebrity gold hawker, for when the dollar is goi...Read More
Two Colorado School of Mines students have been named Astronaut Scholars for the 2018-2019 academic year. Anthony Nagygyor, a senior majoring in chemical engineering, and Connor Bray, a senior studying engineering physics, will each receive a $10,000 scholarship from the Astronaut Scholarship Foundation, as well as mentorship and professional development opportunities throughout the year.Created...Read More
There is some big news in the headlines today for medical marijuana.The first marijuana-derived pharmaceutical has been approved in the U.S. by the FDA.And while this is a big deal as a milestone, I'm greeting it with a shrug for two reasons.Part of the reason is, if you've read past articles from the Outsider Club, you'd have seen this coming for quite some time.Just to scratch the surface, I've...Read More
CloseGain/LossGold $1265.80-$4.40Silver$16.35-$0.11XAU80.52-1.80%HUI174.14-1.58%GDM612.82-0.83%JSE Gold1061.17-5.41USD94.30-0.25Euro117.02+0.39Yen91.06-0.07Oil$68.08-$0.5010-Year2.875%-0.020T-Bond144.15625+0.1875Dow24252.80-1.33%Nasdaq7532.01-2.09%S&P2717.07-1.37% The Metals: Gold chopped between $1264.50 and $1270.50 in Asia before it drifted back lower in London and New York, but it ende...Read More
Chilean Metals Inc. (Read full newsRead More
SANTIAGO, June 25 (Reuters) - Workers at Codelco's Chuquicamata copper mine in Chile, the state miner's second largest by output, are threatening to walk off the job soon to protest plans to transform the century-old open pit into an underground mine, a union leader said on Monday.Four of the Chuquicamata's six workers' unions voted to go ahead with strikes, alleging the company's plans to overhau...Read More
The Indian government has mandated all State-owned mineral-based companies to pool their resources to acquire lithium and cobalt assets overseas.A rough deadline of March 2019 has been set for these companies to complete all formalities, such as leveraging their balance sheets jointly, form joint ventures (JVs), consortiums or any such suitable corporate structures so that process of scouting and...Read More
MELBOURNE - June 25 (Reuters) - A partner in one of the world's largest lithium mines said on Monday trial dates have been set to determine whether expansion at the Western Australian mine, in which China's Tianqi Lithium holds a stake, would unfairly impact its minerals rights.Private-equity backed Global Advanced Metals (GAM) owns the rights to tantalum and other minerals produced at Greenbushes...Read More
RIO DE JANEIRO, June 25 (Reuters) - Samarco, a joint venture between Brazilian miner Vale and Anglo-Australian BHP Billiton, could reach the second phase of a settlement with Brazilian prosecutors over a 2015 environmental disaster on Monday, a federal prosecutor said.The mining disaster, Brazil's worst on record, was caused by the bursting of a tailings dam and killed 19 people. Samarco's operati...Read More
Mr. Ivan Bebek reports AURYN ACQUIRES GOOD LUCKY PROSPECT AND DISCOVERS NEW PROSPECTS AT SOMBRERO Auryn Resources Inc. has acquired the rights to the Mollecruz concessions, which are key claims in the northern area of the Sombrero project, located in southern Peru. The Mollecruz concessions include the Good Lucky prospect, which is located five kilometres from the Sombrero project, where Auryn rec...Read More
The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More