TSX Venture Implodes – Falls 6% in Two Days

tsx venture and cse crash

The TSX Venture is in free fall as investors move to cash, and the coronavirus spreads. The risk trade is off until a massive new stimulus bill passes or the coronavirus appears to be contained. Even a new stimulus package may not have the desired effect. Not to bet against the Fed or any central […]

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Generation Mining discovers high density seismic target beneath Sally Palladium-Copper Deposit

aerial of the land package for generation mining's marathon palladium deposit

TORONTO, Feb. 25, 2020 (GLOBE NEWSWIRE) — Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce the discovery of a large, high velocity seismic anomaly that extends at depth from the Sally Deposit. The anomaly continues into the Archean footwall which constitutes a previously unexplored area for platinum group elements (“PGE”) and […]

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Member ‘Makito’ Moves Ahead in March 2020 Stock Challenge

Stock Challenge for Week 4 of the February 2020 Stock Challenge

To start off the last week of this month’s Stock Challenge, member ‘Makito’ is in first place with a return of 77.68%, member ‘orcaray’ is in second place (50.12%), and member ‘Wreak Havoc’ is in third place (45.25%). While Makito doesn’t seem like he has much to worry about, orcaray and Wreak Havoc aren’t so […]

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Mike Maloney Points to Gold-Silver Ratio

gold-silver ratio still very high

Gold is back in the headlines as investors clamor for cover in what has begun a broad market selloff. Silver’s value was recently less than 1/90th gold’s value. The historically low gold-silver ratio has market veterans Mike Maloney and Ronald-Peter Stoeferle bullish on silver and silver stocks. Mike Maloney explains, “I just can’t justify buying […]

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Calibre and Rio Tinto Exploration Enter Into Agreements: $45 Million Earn-In Agreement for 100%-owned Borosi Projects; And Strategic Exploration Alliance for Nicaragua

calibre mining open pit mine

VANCOUVER, British Columbia, Feb. 24, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce that the Company and Rio Tinto Exploration  (“Rio Tinto”) have entered into an option earn-in agreement dated February 23, 2020  (the “Earn-in Agreement”), pursuant to which Rio Tinto can earn up to a […]

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African Gold Group Finalizes Optimized Flowsheet for Its Fully Permitted Flagship Kobada Gold Project; A Critical Milestone for the Updated Definitive Feasibility Study

african gold's kobada gold project

TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on the comprehensive metallurgical testwork program undertaken as part of the Definitive Feasibility Study (“DFS”) for the Kobada Gold Project in Southern Mali. Results of the optimized testwork show significantly improved gold […]

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Lords of Finance

Lords of Finance

Lords of Finance by Liaquat Ahamed won a Pulitzer Prize for its detailed and entertaining breakdown of the lead up to the Great Depression, and its aftershocks. The book focuses on the decision making from four critical central banks (England, France, the United States, and Germany) and how the men leading these financial institutions were […]

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US Dollar and Gold Rise in Tandem

us dollar and gold rise together

The world’s most famous precious metal rallied to a 7-year high last week – touching as high as $1,649 per ounce on Friday. At the same time, the US Dollar Index is trading near a 17-year high. Simultaneous strength of the US dollar and gold is a modern day monetary phenomenon. US Dollar Index Soars […]

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Klondike Gold Sells BC Properties to Ximen Mining

aerial view of road to klondike gold's yukon property

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC:KDKGF) (“Klondike Gold” or the “Company”) announces that it has entered into a Property Purchase Agreement (the “Agreement”) dated February 14, 2020 with Ximen Mining Corp. (“Ximen”), whereby Klondike Gold will sell to Ximen all of its British Columbia gold properties totalling 98 mineral claims […]

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Calibre Delivers on Fourth Quarter 2019 Production and Costs; Reports Consolidated 2019 Financial Results

calibre mining el limon mine

VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce financial results for the three and twelve months ended December 31, 2019.  Full Financial Statements and Management Discussion & Analysis documents can be found at www.sedar.com and the Company’s website, www.calibremining.com.  All figures […]

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