Gold
O2Gold identifies 2,000m of drill targets in Colombia
O2Gold Inc. \\\[OTGO-TSXV\\\] announced its initial drill targets on the Colombian properties, acquired from Grupo de Bullet earlier this year, and further details of its ongoing exploration campaign. The total cost of acquiring the Grupo de Bullet land was $ …
Gold Miners are finally on the winning side
Last year proved to be a dream for gold speculators and investors after the gold price soared to historic highs thanks to a perfect storm out of a global pandemic, massive government stimulus programs, a weakening dollar, and a bull market that eventually ran …
Inflation Escalating Fast With Devasting Consequences For the Unprepared
While government officials and central bankers have gone into overdrive trying to distract you from inflation, the savviest investors worldwide are quietly getting ready for the potential of financial chaos and wealth destruction sweeping throughout the world.
Gold on its highest mark since February
The price of gold climbed on Monday and was heading for a fourth profit in a row, supported by a decline in the US dollar to a two-and-a-half month low and some weakness in the stock market. The Nasdaq Composite COMP, -0.09% has come under further pressure, …
Golden Predator´s Brewery Creek project gets the Go from First Nation tribes
The Tr'ondëk Hwëch'in First Nation announced that it has submitted letters of support to the Yukon Water Board and the Yukon Environmental and Socio-economic Assessment Board for the timely renewal of the Brewery Creek Water License and Quartz Mine License. …
Gold price has lately lost its momentum
Last year turned out to be a dream for gold speculators and investors after the gold price rose sharply and hit historic highs thanks to a perfect storm out of a global pandemic, massive government stimulus packages, a weakening dollar and a finally run out of …
Rio Tinto reaches deal for Oyu Tolgoi financing
Rio Tinto (ASX, LON, NYSE: RIO) and its majority-owned Turquoise Hill Resources (TSX, NYSE: TRQ) have reached a deal that results in a stalemate between the companies over funding for an expansion of the massive Oyu Tolgoi copper-gold mine ended in Mongolia. …
First Majestic Silver takes over gold mine in Nevada
First Majestic Silver (TSX: FR) (NYSE: AG) is acquiring the Jerritt Canyon gold mine in Elko County, Nevada from Sprott Mining for $ 470 million in shares and five million share purchase warrants. As part of the deal, Sprott Mining President Eric Sprott will …
Newmont confirms takeover of GT Gold
Newmont (NYSE: NEM) (TSX: NGT), the world's 1 gold mining company, is acquiring all of the shares in Canadian exploration company GT Gold (TSX-V: GTT) it does not already own in a cash transaction valued at approximately 393 C $ million (C $ 311 million). The …
Gold price with another weak week
The gold market took another pullback on Wednesday as positive economic data and risk-taking sentiment continued to push investors into better performing assets. April Comex Gold Futures were last traded at $ 1,773.50, down 1.42% on the day. With inflation one …