Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps of Engineers in the state said.Speaking to reporters late on July 20, Dave Hobbie said a final environmental impact statement (EIS) recommending the development of the US$100 billion mine will be published in the Federal...Read More
Deeper drilling in a previous drill hole intersected 8 grams gold per tonne over 9 metres at the Cadillac Break East property near Val-d'Or, Que., Probe Metals (TSXV: PRB; US-OTC: PROBF) says.Probe is earning up to a 70% stake in the property under a November 2016 option agreement with O3 Mining (TSXV: OIII), part of the Osisko Group of companies.Drill hole CBE-40 was deepened to followup on lower...Read More
The Hibernia oil platform in Canada was shut after a discharge of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late on Monday.Read full newsRead More
Gold faltered in its ascent toward $1,800 an ounce as a strengthening dollar undercut demand for the metal.Read full newsRead More
The African Centre for leadership, Strategy and Development (Centre LSD) has lauded the President Muhammadu Buhari administration for initiating the Presidential Artisanal Gold Mining Development Initiative.The initiative put together by the Buhari administration was to develop gold mining in the country.The Executive Director of the centre, Mr. Monday Osasah who made the commendation on Saturday...Read More
Highlights: 2020 Flin Flon drilling campaign underway to drill test two targets, totaling up to 1,500m at the Pine Bay Project; Drilling to follow up on recently identified highly conductive borehole electromagnetic anomalies off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; and These anomalies are interpreted to occur within the same ... Continue readingR...Read More
Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More
BP chief forecasts 10-fold increase in US biogas production by 2030 We need to accelerate the transition to renewable fuels Biogas has a significant role to play despite clamour for electrification New markets include rail, maritime, and industrial applications BP's...Read full newsRead More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
Emgold Mining Corporation is pleased to announce that it will conRead full newsRead More
Gold prices surged to a nine-year high on Tuesday while the dollar weakened after European Union leaders reached an unprecedented $2 trillion stimulus package agreement. This boosted investor sentiment as the unprecedented stimulus package is likely to push real interest rates even lower, fueling a boom for non-yielding assets such as gold. A new surge in COVID-19 cases threatens to derail the ec...Read More
Precious metal stocks can be great, albeit volatile investments to add to your portfolio. As a store of wealth, precious metals such as gold tend to rise along with market volatility. It’s no surprise then that gold is now trading at over US$1,850 per ounce. Gold now trades near the US$1,900-per-ounce level that it was a decade ago, when a deep-multi-year crash began. That crash left gold pr...Read More
Precious metals are on a tear. All you have to do is look at the iShares S&P Global Gold Index (TSX:XGD) versus the NASDAQ index to see how well precious metals are doing. The XGD is up over 100% since its March low of just over $10 a share. In contrast, the NASDAQ is up much less than that. Yet barely anyone is talking about precious metals. Furthermore, fundamentals are firmly on the si...Read More
Geologists study drill core at Endeavour's Hounde mine in Burkina Faso. Photo Credit: Endeavour Mining. Endeavour Mining (TSX: EDV) has announced an increase of 554,000 oz. of gold resources at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the capital Ouagadougou.The updated mineral resources now stand at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45...Read More
The price of gold recently surged past US$1,840 per ounce, hitting a nine-year high and closing in on the 2011 record above US$1,900.Analysts widely expect gold to top US$2,000 in 2020. A run to US$2,500 might even occur. This has investors wondering which gold miners might be top picks to add gold exposure to their TFSA or RRSP portfolios.Recent rallyGold bulls definitely have momentum on their s...Read More
Jul 22, 2020 Guest(s): Marc Chandler Chief Market Strategist, BannockBurn Global Forex Gold prices have seen an incredible surge of momentum with prices pushing to a fresh nine-year high above $1,850 an ounce and one market strategist sees gold prices moving higher through the rest of the year.Marc Chandler, chief market strategist at Bannockburn Global Forex has been bullish on gold since the s...Read More
Marathon Gold geologists examining quartz-tourmaline-pyrite-VG veining at the Frank zone at Valentine Lake. Credit: Marathon Gold. Step-out drilling at Marathon Gold's Valentine gold project in Canada's Newfoundland province has extended the Berry zone to the northeast, to a drill-tested strike of 450 metres.The company's latest release includes the assays from 10 holes completed at the Berry a...Read More
On April 15, 1998, I got in a terrible car crash...It was a beautiful Spring day and I was driving home from school in my prized 1994 Ford Probe. In what seemed like slow motion, a classmate's red Chevy Camaro blew past a stop sign and directly into my path. There was no time for me to even hit the brakes, so I T-boned him at full speed - shattering his tibia and sending his four seatbelt-less pas...Read More
Workers in the core shack at the Namdini gold project. Credit: Cardinal Resources. Australia-based Cardinal Resources (ASX, TSX: CDV) announced on Wednesday it has received an improved takeover offer from China's Shandong Gold.The new proposal from Shandong Gold follows a recent takeover bid launched by Russia's Nordgold, whose chairman is currently Cardinal's largest shareholder. The Russian min...Read More