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Pacton Gold Closes $5.5 Million Private Placement

May 09, 2018 / bit.ly

Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $5,550,500 (the 'Offering'). Sprott Capital Partners acted as lead agent, on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc. (collectively, the 'Agents...Read More

Angkor Gold Corp. Private Placement

May 09, 2018 / bit.ly

Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") the "Company") a leading Canadian gold and copper mineral explorer in Cambodia, is pleased to announce that it is proceeding with a financing for up to CDN $2 million in unsecured convertible notes of the Corporation (the 'Notes').Read full newsRead More

Japan Gold Announces Updated Website

May 09, 2018 / bit.ly

Japan Gold (TSXV:JG) ('Japan Gold' or the 'Company') is pleased to announce updates to the Company's website, which will provide a detailed summary of all of Japan Gold's projects include project highlights, historical data, exploration potential, recent work and exploration plans, where applicable.Read full newsRead More

Fremont Gold Commences Drilling at Gold Bar and Gold Canyon Projects, Nevada

May 09, 2018 / bit.ly

Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF)('Fremont' or the 'Company') is pleased to announce that it has commenced a five-hole drill program totalling a minimum 1000m at Gold Bar and Gold Canyon in northern Nevada (see Fremont news release dated March 5, 2018).Read full newsRead More

Expansion of Canada's first surface and underground diamond mine delayed

May 09, 2018 / www.mining.com

Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More

Mexico greenlights First Majestic's $320 million-acquisition of Primero

May 09, 2018 / www.mining.com

Mexican authorities have granted Canada's First Majestic Silver (NYSE:AG) (TSX:FR) their antitrust clearance to go ahead with its planned acquisition of fellow miner Primero Mining (TSX:P), in a cash and stock deal valued at $320 million, including debt.The approval was the final government agency's permission the parties required to close the deal, Primero said in a statement.With the friendly...Read More

Barrick grabs stake in Midas Gold, accesses promising Idaho project

May 09, 2018 / www.mining.com

Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold's (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US."Midas Gold's Stibnite Gold project in Idaho offers a compelling investment proposition, with low geopo...Read More

Kinross reels as two more African nations seek mining payoffs

May 09, 2018 / www.mining.com

Kinross Gold Corp. is the latest miner to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue.Mauritania's rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a double blow to the Toronto-based miner, sending its shares down the most...Read More

Randgold ends gold venture with Cradle Arc in Mali

May 09, 2018 / www.mining.com

African gold miner Randgold has ended a joint venture agreement in Mali with junior explorer Cradle Arc, Cradle Arc said on Wednesday, adding it would seek a new partner.Under the agreement begun in February 2016, Randgold held a 65 percent stake in the Kossanto West Gold Project licences, which will revert to Cradle Arc, now the 100 percent owner.Cradle Arc CEO Kevin van Wouw said Randgold had be...Read More

Seabridge discovers new gold zones at Courageous Lake

May 09, 2018 / www.mining.com

Seabridge Gold (TSX:SEA) (NYSE:SA) announced today that winter drilling at its 100%-owned Courageous Lake Project has successfully identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake Deposit discovered by Seabridge in 2012. This year's drill program also found two other target zones t...Read More

N. American gold ETF inflows at highest since September 2017 -WGC

May 09, 2018 / www.mining.com

North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases.This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates, which makes dollar-priced gold a less a...Read More

5 Hard Rock Lithium Exploration Companies

May 10, 2018 / www.miningfeeds.com

Hard rock lithium deposits are going to fill the demand as they are more evenly geographically distributed across the globe and are less dependant on a changing climate for production than lithium brine production. They are more and more filling the supply gap.According the United State Geological Survey's 2018 Mineral Commodity Summaries, Australia was the largest producer of lithium. It produc...Read More

1 Attractively Valued Miner to Boost Your Exposure to Silver

May 10, 2018 / www.fool.ca

This year has been a great year for commodities, most notably gold, base metals and oil. It hasn't been so great for silver, silver miners, or investors in the white metal, however. While gold has remained flat since the start of 2018 and oil has surged by 19%, silver has declined by 3%.Nonetheless, there are signs that the outlook for silver is improving, and one of the best ways to gain exposure...Read More

Mirasol Identifies High-Grade Silver Mineralization at Virginia

May 10, 2018 / www.stockwatch.com

Mr. Stephen Nano reportsMIRASOL IDENTIFIES HIGH-GRADE SILVER MINERALIZATION AT VIRGINIAProspecting and reconnaissance mapping have resulted in the discovery of new high-grade silver mineralization at Mirasol Resources Ltd.'s 100-per-cent-owned Virginia project in Santa Cruz, Argentina.High-grade rock chip assays results have been returned from the recent sampling program.These results add explorat...Read More

Trump Is "Threatening Everything" - Former White House Advisor

May 09, 2018 / www.kitco.com

May 10, 2018 Guest(s): Pippa Malmgren Author, Economist, Leading Policy Analyst, DRPM Group U.S. President Donald Trump's hardball approach to Iran is likely to create more tensions in the Middle East, this according to Pippa Malmgren, a leading policy analyst and former White House advisor to President George W. Bush. Malmgren noted that President Trump is using the same negotiating tactics on...Read More

Vendetta Commences Field Program at the Pegmont Lead-Zinc Project

May 10, 2018 / www.stockwatch.com

Mr. Michael Williams reportsVENDETTA COMMENCES FIELD PROGRAM AT THE PEGMONT LEAD-ZINC PROJECT AND PROVIDES CORPORATE UPDATEVendetta Mining Corp. has commenced the 2018 field program at the Pegmont lead-zinc project in Queensland, Australia.The objectives of the 2018 drilling program are:To expand the high-grade lead-zinc mineralization at Bridge zone;Develop a mineral resource around the high-grad...Read More

Apple "Cooks The Books" As the Market Struggles

May 05, 2018 / www.outsiderclub.com

Stocks took a nosedive on Thursday on the opening led by the financial sector, with most of the major indexes breaking below their 200-day moving averages. Stocks rallied late in the day on short covering but were still down for the day.I think some grew nervous and covered short positions on the chance that trade negotiations with China may be going well and that Friday's jobs report will be stro...Read More

Central Banks Are Coordinating Their Efforts - Vince Lanci

May 09, 2018 / www.kitco.com

May 10, 2018 Guest(s): Vince Lanci Coordinated central banking has played an important role in geopolitics, said Vince Lanci, founder of Echobay Partners. On gold, short term fluctuations are less important than gold's long-term role as a wealth preserver, Lanci said."I don't care about the price of gold. I view gold as a wealth preserver. I would love it to go to $1,800 [an ounce] tomorrow, bu...Read More

Ascot releases NI 43-101 Premier-Dilworth resource

May 10, 2018 / www.stockwatch.com

Mr. Derek White reportsASCOT INCREASES TOTAL GOLD RESOURCES AT THE PREMIER-DILWORTH PROPERTIES IN BRITISH COLUMBIAAscot Resources Ltd. has releasedan updated National Instrument 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia's Golden Triangle. The additional resource includes high-grade zones from the Premier and Northern Lights area, which were modelled us...Read More

Have You Given Up On Bitcoin? This Firm Says It Could Test 64K Next Year

May 10, 2018 / www.kitco.com

(Kitco News) -With bitcoin stuck below $10,000 this year after losing half of its value in just a few months, one research firm still sees massive upside potential for the popular digital currency.The estimate for next year is an impressive trading range between $20,000-$64,000 per bitcoin, with the year-end BTC price at $36,000, investment research firm Fundstrat Global Advisors said in a report...Read More

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