Gold tops $1,500 as investors seek shelter from gathering storm

Gold tops $1,500 as investors seek shelter from gathering storm

Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the U.S.-China trade war festers, global growth slows and central banks around the world ease monetary policy. The metal advanced as much as 2.6% an ounce...

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Klondike Gold stock hits 12-month high on bonanza grade drill results

Klondike Gold stock hits 12-month high on bonanza grade drill results

Klondike Gold (TSXV: KG) released on Tuesday results from nine of the 12 drill holes testing the Nugget zone at its Klondike District property in Canada’s Yukon territory, where high-grade gold mineralization has been found. Klondike’s shares...

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Benchmark Metals stock jumps on new drill results

Benchmark Metals stock jumps on new drill results

Benchmark Metals Inc. (TSXV: BNCH) today reported results from the initial 6 drill holes at the Lawyers Trend (Cliff Creek zone), part of the company’s ongoing drill program to expand the current resources at its Lawyers gold-silver project. Five...

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Benchmark receives work permit for Lawyers project in British Columbia

Benchmark receives work permit for Lawyers project in British Columbia

The Government of British Columbia granted Benchmark Metals (TSXV: BNCH) a five-year work permit for exploration and drilling at the Lawyers gold-silver project. The 127-square-kilometre project is located in the Stikine Terrane of northern...

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SilverCrest Metals secures C$22m financing; stock at all-time high

SilverCrest Metals secures C$22m financing; stock at all-time high

SilverCrest Metals Inc. (TSXV: SIL) announced on Wednesday that the company has entered a bought-deal financing agreement, issuing 3.76 million common shares at C$5.85 each for aggregate gross proceeds of C$22 million. Shareholder SSR Mining Inc...

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Silver-gold junior’s stock soars on boosted funding for Chile projects

Silver-gold junior’s stock soars on boosted funding for Chile projects

Vancouver-based Aftermath Silver’s (TSX: AAG.H) stock was up over 20% Friday, after it announced it is increasing its non-brokered private placement from 18.7 million units to up to 25 million units at a price of C$0.08 cents per share. Aftermath...

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First large-scale mine a test for Latin America’s copper rookie

First large-scale mine a test for Latin America’s copper rookie

Ecuador’s ambition to become a mining superpower is being tested as the South American nation’s first large-scale copper mine starts operations. The $1 billion Mirador project in the Zamora-Chinchipe province started ramping up production...

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ATAC expands target at Rau and begins drilling

ATAC expands target at Rau and begins drilling

Vancouver-based ATAC Resources (CVE: ATC) has announced the results of the Rau exploration project at the western end of the Rackla gold property 50 km northeast of Keno City, in Yukon, Canada. Work will be done to follow up on gold, copper and...

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Vancouver junior’s stock jumps on option to acquire gold-silver project

Vancouver junior’s stock jumps on option to acquire gold-silver project

San Marco Resources’ (TSXV: SMN) stock jumped Tuesday, after the Vancouver-based explorer announced it entered into an option agreement to acquire a 100% interest in the Buck  gold/silver zinc project near Houston in north-central British...

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Power Ore intersects 0.29% CuEq over 295 m at Opemiska

Power Ore intersects 0.29% CuEq over 295 m at Opemiska

Toronto-based PowerOre has received promising assays from two more drill holes at the Opemiska copper mine complex near Chapais. The location puts the project within Quebec’s Plan Nord. Hole OPM-19-08 returned 0.04% copper, 2.84% zinc, 1.95 g/t...

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Gold’s rally gets booster shot as Trump picks doves for the Fed

Gold’s rally gets booster shot as Trump picks doves for the Fed

Gold held its rally on a cocktail of positive drivers including weak macroeconomic data, sinking Treasury yields and expectations for fresh easing from the U.S. Federal Reserve. Bullion held above $1,400 an ounce and headed for the highest close...

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