Mr. Walter Coles Jr. reportsSKEENA INTERSECTS 10.97 G/T AUEQ OVER 42.65 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver drill results for three drill holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill def...Read More
"Duterte mulls total ban on mining. Philippines mining ban would lift #nickel price, but Ni market actually needs Phil & Indonesia supply to prevent excessive price runups and substitution effects https://t.co/HSLLIgiMOx"Read full newsRead More
Gold has rallied sharply over the last week to be trading at just over US$1,200 an ounce. This is particularly important for gold miners because many have based their 2018 production, capital spending and earnings forecasts on gold averaging US$1,200 per ounce over the course of that year.The yellow metal's latest rally will be a boon for many beaten down gold miners that have failed to perform de...Read More
"Bifurcation of the #nickel market an utter falsehood propagated by @McKinsey & others. From a BMO Report, Lessons Learned From 2018:Read full newsRead More
"Platinum miner Lonmin has sold its 6.8-percent stake in Canadian junior Wallbridge Mining to Eric Sprott in a US$3.97-million deal, the company and the investor announced in a joint statement. https://t.co/6zB82W1FBF #Resource #Investing #Gold"Read full newsRead More
"The gold price has trended downward so far in 2018, but according to CPM Group's Jeffrey Christian, the future for the yellow metal remains bright. https://t.co/vZea9WVnAj #Resource #Investing #Gold"Read full newsRead More
"Macquarie chart of preferred commodities ranks #nickel at the top over both 1- and 2-year horizons https://t.co/kMNL29DNLt"Read full newsRead More
LONDON, Oct 2 (Reuters) - A tie-up between Randgold Resources and Barrick Gold will leave a void in the London market for investors seeking exposure to gold via companies that produce the precious metal.Canada's Barrick Gold has agreed to buy Africa-focused Randgold for $6.5 billion to create the world's largest gold producer. It intends to list its shares in the new, enlarged company in New Yor...Read More
Americas silver and Pershing gold to mergeAmericas Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas Silver") and Pershing Gold Corporation (NASDAQ: PGLC) (TSX: PGLC) (FWB: 7PG1) ("Pershing") are pleased to announce that they have entered into a definitive agreement (the "Agreement") to complete a business combination (the "Transaction") and create a low-cost, precious metal growth c...Read More
(Kitco News) - Waiting on the greenback to move is the game gold is playing lately, according to Bloomberg Intelligence (BI), which believes that the U.S. dollar will head down soon and trigger a long-awaited rebound in the precious metal.“Metals will have a hard time recovering if the dollar rally resumes, but we don't see that happening,” BI senior commodity strategist Mike McGlone w...Read More
(Kitco News) - Gold andsilver prices are solidly higher in early-afternoon U.S. trading Tuesday, onkeener risk aversion in the marketplace coming from the European Union. Goldprices hit a one-week high, while silver notched a four-week high. Gold andsilver bulls were especially encouraged by their metals' ability to rally todayin the face of a firmer U.S. dollar index that hit six-week high overni...Read More
"Japan Gold Granted Prospecting Rights at its Tobaru Project in the Southern Kyushu Epithermal Gold Province, Japan https://t.co/jWXWA0kt25"Read full newsRead More
Diversified miner Anglo American (LON:AAL) has become the latest major miner to set foot in Ecuador by entering into an earn-in joint venture (JV) agreement with Canadian precious and base metals firm Luminex Resources (TSX-V: LR) which spun out of Lumina Gold (TSX-V: LUM) in August.The deal gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three coppe...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 0.91 G/T AU OVER 17.3 METERS WITHIN AN INTERVAL OF 0.42 G/T AU OVER 118.3 METERS Klondike Gold Corp. has released assay results from another five drill holes at the Lone Star zone as well as additional infill assays from one hole at the Gay Gulch showing, part of a systematic evaluation designed to map the geometry of mineralization acro...Read More
"Aben Intersects Additional, Shallow High-Grade Gold Mineralization at the North Boundary Zone of the Forrest Kerr Project in BC's Golden Triangle @Aben_ABN https://t.co/DE2Oa1qdxV"Read full newsRead More
Denison Mines (TSX: DML) named the in-situ recovery (ISR) mining method for the development of the Phoenix deposit at the Saskatchewan Wheeler River uranium project, in the heart of the Athabasca basin.Canada's Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100 times global averages, Canada's Athabasca Basin has become the prime destination for...Read More
(Kitco News)- The mining sector continues to face a dearth of investorinterest, but gold mining companies need to focus on what is within theircontrol, according to one junior explorer executive.Hugh Agro, president and CEO of Revival GoldIn a recent interview with Kitco News, Hugh Agro, presidentand CEO of Revival Gold (TSX.V: RVG) said that companies need to build out new deposits andfocus on cr...Read More
In the past year, Vancouver's Oxygen Capital has raised $83 million for the startup mining companies in its stable.Most of that money would have been spent outside of B.C. on exploration and development, because until just recently, all of the companies that Oxygen has launched have been focused on later-stage exploration and discovery projects outside of B.C.But Oxygen Capital now has a B.C. comp...Read More
Victorio Palangdan, the mayor of the town of Itogon located in the northern Philippines' Benguet province, reported that typhoon Mangkhut caused a landfall on Saturday and that dozens of people, mostly small-scale miners and their families, were feared to have been trapped underneath the huge pile of mud and rocks.Palangdan told the Associated Press that three villagers who nearly got buried told...Read More
Boom. Bust. Rush. Crash.Read full newsRead More