Junior Mining News

Galantas Gold jumps after hitting main vein at Irish mine expansion

By Cecilia Jamasmie Shares in Galantas Gold (TSX, LON:GAL) climbed on Monday in London after the company announced it has reached the main gold vein in development works underground at its Omagh gold mine in Northern Ireland. The main tunnel that Galantas has dug descends at a slope with a gradient of 1-in-7 from near […]

Galantas Gold jumps after hitting main vein at Irish mine expansion Read More »

No end in sight for Acacia Mining tax row with Tanzania’s Gov’t

By Cecilia Jamasmie Acacia Mining (LON:ACA), Tanzania’s No.1 gold producer, said Monday that parent company Barrick Gold (TSX, NYSE:ABX) has yet to reach an agreement with the East African nation’s government to end a running dispute over taxes that has severely hit the miner’s bottom line. Barrick, which has been negotiating on Acacia’s behalf with

No end in sight for Acacia Mining tax row with Tanzania’s Gov’t Read More »

Gold Explorer Announces Two Discoveries at Brazil Project

Source: Streetwise Reports 06/25/2018 The discoveries are located in the area of the world’s largest gold rush. Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTC.MKTS) recently announced its first sampling results from two new discoveries, Jerimum North and Jerimum East. In addition, further results of surface rock sampling at the Morro da Lua and Jerimum Cima targets at

Gold Explorer Announces Two Discoveries at Brazil Project Read More »

Two Resource Companies at ‘Good Buying Levels’

Source: Adrian Day for Streetwise Reports 06/25/2018 Money manager Adrian Day discusses two resource companies in his portfolio that he finds are buys at current levels. Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT, US$3.31) continues to make progress on advancing the Timok property in Serbia, as well as turning around Bisha in Eritrea. Earlier in the month,

Two Resource Companies at ‘Good Buying Levels’ Read More »

Are Precious Metals at an Inflection Point?

Source: Michael J. Ballanger for Streetwise Reports 06/25/2018 Precious metals expert Michael Ballanger discusses recent activity in the precious metals markets and what it may signify. My last missive was entitled “Gold’s Relative Strength Index indicating a bottom is here,” and it was dispatched at noon on Thursday but was written that morning after I

Are Precious Metals at an Inflection Point? Read More »

Uranium Miner Preparing for Field Program in Canada’s Athabasca Basin

Source: Streetwise Reports 06/25/2018 Preparations have begun for a summer field program prior to a prefeasibility study. Fission Uranium Corp. (FCU:TSX; FCUUF:OTCQX; 2FU:FSE) recently announced that the company has begun preparing for a $6.4 million work program at its PLS project in Canada’s Athabasca Basin this summer. According to the company, he project is designed

Uranium Miner Preparing for Field Program in Canada’s Athabasca Basin Read More »

Two Resource Companies at ‘Good Buying Levels’

Source: Adrian Day for Streetwise Reports 06/25/2018 Money manager Adrian Day discusses two resource companies in his portfolio that he finds are buys at current levels. Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT, US$3.31) continues to make progress on advancing the Timok property in Serbia, as well as turning around Bisha in Eritrea. Earlier in the month,

Two Resource Companies at ‘Good Buying Levels’ Read More »