Gold stocks’ young upleg is gathering steam, marching steadily to higher lows and higher highs.
Gold Mining News
RioZim said since December, it had experienced "significant and persistent" delays in dollar payments, affecting its viability.
SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.
Earnings per share for the first half of the year could be up to 97% lower than this time last year.
Indicated resource is 423,000 ounces of gold averaging 1.22 g/t Au.
Codelco has halted operations at its Chuquicamata and Ministro Hales copper mines; Freeport-McMoRan suspended El Abra.
International benchmark spot gold prices were on track for their first weekly decline in three, but were still supported above the $1,300 an ounce level.
Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.
Two phases are planned to de-risk and expand on the current resource report last November.
Wallbridge has plans to start its 2019 drilling program in mid-February.
Gainey Capital’s Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne.
In the past, gifts have included electric fans, laptops, pressure cookers and televisions.
Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.
The government sold a total of 73 tonnes of gold to two firms in the United Arab Emirates and another in Turkey.
The company staked 35 new claims that cover potential extensions to the high-grade ore previously mined at the site.
The Russian gold producer has received a 15-year mining permit for its Lefa mine.
The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold.
US government shutdown means we don’t know how hedge funds are positioning themselves, but everyone else seems to be piling into gold.
Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold.
"The law allows 100 percent ownership...and you can apply for exploration or mining licenses."
Total mineral resource was upgraded to 21.2 million tonnes at 1.83g/t gold for 1.25 million ounces, up 75% from December 2017.
Coal became the number one export earner in 2018.
Silver price to strengthen this year and average $16.75 per ounce.
Construction is to begin in May and be complete by Q4 2019.
The company released an updated resource estimate that sees Madsen’s indicated resource jump by 319,000 ounces (18%) to a total of 2.06 million ounces.