Investing News Network

By Nicole Rashotte Tanzanian Royalty Exploration (TSX:TNX, NYSE MKT:TRX) updated its prefeasibility study (PFS) to reveal its Buckreef gold mine project could potentially support a 1.50-million-tonne-a-year mine for 16 years, the company announced on Monday (July 30). The company filed for an amended PFS for its Buckreef gold mine project this week, as a replacement […]

By Scott Tibballs Australian miner Hammer Metals (ASX:HMX) has released its quarterly activities report detailing highlights from JV agreements at Mt Frosty and Millennium Cobalt as well as further exploration at its tenements. As highlighted in the press release: Mt Frosty Joint Venture Stage 2 program and budget approved for the Jubilee copper-gold project (in

By Anwesha Sengupta Gold Resource Corporation (NYSE:GORO) (the “Company”) today announced the timing of its 2018 second quarter earnings conference call scheduled for Wednesday, August 1, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $111 million to its

By Anwesha Sengupta Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the results of spring and early-summer drilling on the Company’s 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Exploration was focused within a 6 km soil and geophysical anomaly that surrounds the Revenue and Nucleus

By Anwesha Sengupta Lions Bay Capital Inc. (TSXV: LBI) (“Lions Bay” or “the Company”) advise the Company has agreed to underwrite a placement of 200 million shares in Elementos Ltd at A$0.006 cents a share to raise A$1.2 million. The placement is expected to be sub underwritten with closing in September. Lions Bay will be

By Hamza Ghaznavi Pancontinental Resources Corporation (TSXV:PUC) (“Pancon” or the “Company”) provides an update on exploration activities at the Company’s advanced stage nickel-cobalt-copper McBride Project (the “Project”), located in Limerick Township, 25 kilometres south of Bancroft, Ontario. The Project contains Historical Resources of an estimated 5.1 million tons of near-surface nickel-cobalt-copper mineralization that includes the

By Scott Tibballs  Speaking with the Investing News Network at the Sprott Natural Resource Symposium, CEO of Sandstorm Gold (TSX:SSL) Nolan Watson said the gold price was looking bullish to him despite global headlines. He said that given the trade war and a hike in exchange rates, he would have expected the gold price

By Nicole Rashotte The Deep South mine that was built to target the world’s second-biggest known body of gold–bearing ore and slow South Africa’s gold decline has yet to yield results and it’s losing money for owner Gold Fields (NYSE:GFI). As reported by Bloomberg on Monday (July 30), the deposit has the potential to produce

By Hailey Wahlberg Wallbridge Mining Company Limited (TSX:WM, FWB:WC7) (“Wallbridge”) is pleased to announce that Ms. Janet Wilkinson has joined the Company’s Board of Directors. Ms. Wilkinson is an Executive Consultant with 25 years of consulting, corporate and operations experience with both large, multi-national corporations and junior start-up businesses. She has worked with more than

By Amanda Kay When it comes to mining gold in Africa, the western side of the continent is a hotspot. It’s home to many explorers, as well as a slew of major companies focused on extracting the metal. Ghana, Mali and Burkina Faso are three of West Africa’s most active gold-mining countries. These nations are