Miners have more than their fair share of superstitions. The more you dig into the world of mining lore and myths, the more you realise how hard a job it was. The nasty, smelly bowels of the earth aren't kind to those who choose to grub around down there. Death was everywhere, and most men underground counted themselves lucky to live past 40. If rockfalls or dead air didn't get them, silicosis wou...Read More
Osisko Mining (TSX: OSK) has released an updated resource estimate for its Windfall gold deposit in Quebec, which, according to CEO John Burzynski, "places Windfall among the best high-grade development projects globally."Measured and indicated tonnes now total 6 million tonnes at 9.6 grams gold per tonne, for 1.9 million gold oz. and inferred resources add 16.4 million tonnes at 8 grams gold per...Read More
Following on last week's announcement that it would be going ahead with construction of the Bateman gold project in Red Lake, Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has started a $7 million 2021 exploration program, which includes up to 22,000 metres of drilling across its 288-sq.-km property. This is the first major exploration campaign on these holdings in over 10 years.Drilling is underwa...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its global customers, in an effort to leave behind what its new chief executive called a "year of extremes."The world's second-largest miner is handing back US$9 billion of cash to shareholders, including a record final divide...Read More
Copper at nine-year highRead full newsRead More
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on March 18, 2021 to holders of record at the close of business on March 4, 2021. The fourth quarter dividend represents an increase of 38 percent compared to the prior quarterly dividend of $0.40 per share. Newmont's dividend increase is s...Read More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More
Maxtech Ventures Inc. is pleased to announce the mobilization of Full Force Diamond Drilling Ltd. to the St. Anthony Gold Property during the week of February 22, 2021.Read full newsRead More
SKRR Exploration Inc. is pleased to announce a non-brokered privaRead full newsRead More
Brigadier Gold Limited is pleased to provide additional diamond dRead full newsRead More
Portofino Resources INC. is pleased to announce its geophysical eRead full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More
Metals Creek Resources Corp. is pleased to announce a non-brokereRead full newsRead More
White Metal Resources Corp. is pleased report that they have contRead full newsRead More
VanGold Mining Corp announces that due to increased demand, the CRead full newsRead More
The Company intends to carry out an IP Survey followed by 1000+mRead full newsRead More
Spot gold prices have entered into a bearish cycle for the first time in 2021, losing about 6% to fall below $1,800 per ounce. After climbing roughly 22% in 2020, gold prices settled for the first time above $2,000. Since then, containment of COVID-10 cases and gradual economic recovery has cooled off investors’ interest in gold and silver. In the last trading session on Wednesday, Gold (XA...Read More
Warren Buffett’s portfolio addition of Barrick Gold (TSX:ABX)(NYSE:GOLD) took the investing world by surprise.Of course, the Oracle of Omaha has been skeptical of gold as an investment for years. Buffett is a long-term investor focused on the growing cash flows equities provide. Gold as an asset class just didn’t make the cut.However, gold miners were recently in his wheelhouse. I...Read More
Warren Buffett has had it with gold. In recent 13F filings, it was discovered that Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) had eliminated its stake from Barrick Gold (TSX:ABX)(NYSE:GOLD) amid the latest bout of weakness in gold prices. With gold on the violent retreat, does it still make sense to step in with a contrarian position now that the Oracle of Omaha has ditched a top-tier miner of th...Read More