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Finance

Gold price backs off on rising dollar, but set for fifth weekly rise

January 20, 2023 Mariel Alumit

​ Gold prices edged lower on Friday as the US dollar firmed, although hopes of slower rate hikes from the Federal Reserve are still keeping bullion on track for a fifth straight weekly gain. Spot […]

Kenorland
Rare Earth Minerals

Kenorland announces preliminary metallurgical results at the Frotet gold project

January 18, 2023 Mariel Alumit

​Kenorland Minerals (TSXV: KLD) announced the results of preliminary metallurgical testing of the Regnault gold system on the Frotet project, located in northern Quebec and held under joint venture with Sumitomo Metal Mining Canada (SMMCL). […]

International News

New Found Gold discovers high-grade zone at Queensway in Newfoundland

January 18, 2023 Mariel Alumit

​ New Found Gold (TSXV: NFG) says it has discovered a new zone and vein extending mineralization south of the Keats deposit at its Queensway project in central Newfoundland. Drilling along the Appleton fault at […]

Gold
Rare Earth Minerals

Pan American Silver offers to acquire Yamana Gold shares for $1 billion

January 16, 2023 Mariel Alumit

​ Two proxy firms are recommending that Yamana Gold (TSX:YRI; NYSE:AUY) accept a $1 billion takeover offer from Vancouver’s Pan American Silver (TSX,NYSE:PAAS). Yamana Gold announced Friday that Institutional Shareholder Services and Glass, Lewis & Co. LLC […]

Gold
Rare Earth Minerals

Gold price eases from 8-month peak as investors await inflation data

January 11, 2023 Mariel Alumit

​ Gold halted its latest rally on Wednesday as investors positioned themselves ahead of new US inflation data that could hint at the Federal Reserve’s policy path, with expectations mounting that slower rate hikes are […]

Gold
Rare Earth Minerals

Video: Alamos Gold tells the ‘Cinderella story’ of its Island gold mine

January 11, 2023 Mariel Alumit

​ Catch Alamos Gold chief executive officer John McCluskey in this video recount the “Cinderella story” of the formerly underrated Island gold mine in northern Ontario. Few paid attention to the mine in 2015 when it was owned by Richmont Mines […]

Gold
Critical Minerals

Lundin Gold stock rises as it beats production guidance for second straight year

January 10, 2023 Mariel Alumit

​ Lundin Gold (TSX: LUG), which owns and operates one of the world’s highest grade gold mines in southeast Ecuador, has exceeded its production guidance for the second year in the row. On Tuesday, the Vancouver-based company reported […]

Rare Earth Minerals

Dynasty Gold shares hit new high on best assays to date from Thundercloud property

January 10, 2023 Mariel Alumit

​ Dynasty Gold (TSXV: DYG) has released assay results from its Phase 1 2022 drill campaign at the Thundercloud property located 47 km southeast of Dryden, Ontario. These results are the best ever reported from […]

Finance

‘A Sanctions-Evasion War-Chest Ahead Of Taiwan Invasion’ – Why Is China Hording Gold Again?

January 9, 2023 Mariel Alumit

A month ago, we confirmed the identity of the “mystery” gold-buyer who had been suddenly hording the precious metal in recent months. Specifically, we identified China as the hidden whale buying the barbarous relic when […]

Gold
International News

Best Maple Gold assays yet widen target at old Agnico Eagle mine in Quebec

January 9, 2023 Mariel Alumit

​ Maple Gold Mines (TSXV: MGM) says new assays from the past-producing Eagle mine at its Joutel project in Quebec are the strongest yet and show a wider mineralized corridor than previously thought. Drill hole […]

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