Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
The drive passes a wind farm funded by Barrick Gold and various solar generation facilities but tucked away to the east of the Coastal Range and the Pacific Ocean, it also runs along part of theRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Lockheed Martin added $5.42 to $446.70 after reporting higher than consensus fourth quarter revenues and earnings.DR Horton advanced $0.72 to $96.40 after reporting higher than consensus fourth quarter revenues and earnings. General Electric added $2.09 to $79.77 after reporting higher...Read More
Last week, we discussed the market forces behind the 2022 growth meltdown.Now that we've shaken off the cobwebs, it's time to look ahead and focus on the stocks and sectors with the best potential to take the lead in 2023's first quarter - and beyond.Unfortunately, many investors are going to miss these opportunities.An unhealthy fixation on the tech space is part of the problem. Yes, the market h...Read More
Most assets have a poor record over the past year. Gold is one of the few assets that posted a gain - not a major gain, but a gain.Gold has really taken off since late October, from below $1,630 to almost $1,930 today. That's a major move. What's going on?You might want to argue that it has to do with inflation. The trouble with that argument is that (official) inflation has been coming down for t...Read More
This week's episode features highlights from Alcoa's Q4 2022 conference call on Jan. 18, 2023. Chief executive officer Roy Harvey explains how high energy costs, China's closure due to zero covid policy, and weak European demand all combined to create a "challenging year" for the company. Harvey expects results for 2023 to depend largely on China's re-opening, as the country is the world's largest...Read More
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has extended the known gold mineralization 400 metres below its current resource depth of 500 vertical metres at its flagship O'Brien gold project in northwestern Quebec.The company plans to update the resource estimate for O'Brien-located halfway between Rouyn-Noranda and Val'd'Or-before the end of the first quarter.Highlights from its latest b...Read More
New Age Metals (TSXV: NAM; US-OTC: NMTLF) has commenced drilling on its Lithium Two project, part of its portfolio of early stage hard-rock lithium assets in Manitoba.The company plans to drill at least 1,500 metres at the project, located in southeastern Manitoba about 140 km northeast of Winnipeg, New Age said in a news release Tuesday. The program will consist of testing the down dip extension...Read More
McLaren Resources (TSXV: MCL)?EUR?has reported high-grade gold assays from drilling at its McCool property near Timmins in northeastern Ontario. Highlights include diamond drill hole MCC22-04, which cut 6 metres grading 16.5 grams gold per tonne from 142.5 metres depth including 4.5 metres grading 21.1 grams gold; hole MCC22-09 returned 9 metres grading 10.8 grams gold from 393 metres downhole...Read More
Vizsla Silver?EUR?(TSXV: VZLA; NYSE: VZLA) has increased?EUR?the indicated mineral resource tonnage by half at its Panuco?EUR?silver-gold project in?EUR?Sinaloa, western Mexico. The indicated mineral resource rose to 7.5 million tonnes grading 243 grams silver per tonne, 2.12 grams gold per tonne, 0.23% lead and 0.71% zinc (437 grams silver-equivalent per tonne) for contained metal of 58.3 mill...Read More
Drilling towards the northwest under the past-producing pit at the Gaspe copper project in Quebec returned 1,011 metres grading 0.46% copper, 3.19 grams silver per tonne and 0.02% molybdenum from 225 metres downhole, Osisko Metals (TSXV: OSK) reports.The drillhole (30-1005) included a higher-grade interval of 312 metres of 0.76% copper, 4.79 grams silver and 0.04% molybdenum starting from 734 metr...Read More
SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper deposits, 20 km southwest of the city of Sudbury.The West Graham deposit occurs on SPC's 100%-owned Lockerby East property, which also hosts the past-producing Lockerby East mine. The latest agreement would gra...Read More
After more than a year on the hunt, Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) says it plans to build a mineral processing plant in Emery County, central Utah to recover uranium, vanadium and cobalt.The plant will be built in the Green River Industrial Park, about 265 km southeast of Salt Lake City, on property the company acquired. It will take mineralized material from mines the comp...Read More
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in Vancouver.The figure surpasses the previous record a decade ago of $681 million and $660 in 2021.The rise was underpinned by an 84% increase in copper exploration budgets, with the province's so-called Golden Triangle in the northwe...Read More
The opening day of the Association of Mineral Exploration (AME) Roundup conference in Vancouver saw some political sparks fly as natural resources minister, Jonathan Wilkinson and Conservative Party firebrand Pierre Poilievre delivered remarks.The opposition leader made the point that limelight-loving Liberal leader, Prime Minister Justin Trudeau, had squandered the past eight years to build an al...Read More
Tearlach Resources (TSXV: TEA; US-OTC: TELHF) says new testing on old core samples from the Gabriel lithium property in Nevada grade 28% higher on average. The duplicate assay program was completed during a due diligence period before Tearlach committed to a joint venture on Gabriel with Blackrock Silver (TSX: BRC). Tearlach signed the joint venture with Blackrock on Jan. 10 and under the agreeme...Read More
Arras Minerals (TSXV: ARK) says drill results from three holes at its Beskauga copper-gold project in northeastern Kazakhstan suggest it holds high-grade zones. Diamond drill hole?EUR?Bg22012?EUR?returned 365 metres grading 0.54 gram gold per tonne, 0.4% copper, 2 grams silver per tonne and 35.3 million parts per million (ppm) molybdenum (0.9%?EUR?copper-equivalent or 1.06 grams gold-equivalent)...Read More
Marimaca Copper (TSX: MARI; US-OTC: MARIF) has released the final batch of reverse circulation (RC) drill results from last year's infill drilling campaign at the Marimaca oxide deposit (MOD) in northern Chile, including the best copper intersection drilled to date on a grade-times-width basis.The latest drilling focused on the northern and central zones of the Marimaca deposit, following up on pr...Read More
Uranium Energy?EUR?(NYSE: UEC) says new drill results expand the footprint of high-grade uranium mineralization at its Christie Lake project in northern Saskatchewan's Athabasca basin. Drill hole C-178-1 cut 15.6 metres grading 5.4% uranium oxide (U3O8) from 419.1 metres depth, including 3.4 metres grading 23% U3O8 from 426.6 metres downhole, UEC said in a news release on Monday. The intercept...Read More
The final three drill holes from Fury Gold Mines' (TSX: FURY; NYSE-AM: FURY) 2022 program have returned high-grade gold intercepts at its Eau Claire project in Quebec.Assays from the Hinge Target included 22.7 grams gold per tonne over 1.5 metres starting 181.5 metres downhole in 22EC-059. The intercept, about 155 metres below surface, "is one of the shallowest high-grade intercepts to date within...Read More
Yellowknife was founded on gold mining, and now lithium holds the potential of opening a new chapter for the Far North's second largest city.Just a short drive east of Yellowknife and off the paved, all-season highway the Ingraham Trail, Vancouver-based explorer Li-FT Power (CSE: LIFT) is preparing to turn its drills on 13 targets it calls the Yellowknife Lithium Project. "When you talk about th...Read More