Day: October 27, 2021

Bullion Gold Announces Resignation of Chief Financial Officer

2021-10-27 17:39:58 MONTRÉAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — Bullion Gold Resources Corp. (TSX-V: BGD) (“Bullion Gold” or the “Corporation”) today announced that Martin Nicoletti, Chief Financial Officer (CFO), has left the Corporation to pursue other interest. Mr. Nicoletti has agreed to assist in a smooth transition. Effective immediately, Jonathan Hamel will assume the role […]

Imperial Metals Reports Red Chris Update

2021-10-27 16:36:22 VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports Red Chris metal production (100%) for the third quarter of 2021 was 17.2 million pounds copper and 15,249 ounces gold, compared to 17.6 million pounds copper and 15,451 ounces gold produced during the second quarter of 2021. […]

Lundin Mining Reports Third Quarter 2021 Results

2021-10-27 15:31:07 TORONTO, Oct. 27, 2021 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today reported cash flows of $523.1 million generated from operations in its third quarter. Adjusted operating cash flow2 was $294.1 million ($0.40 per share) and free cash flow2 was $407.0 million for the quarter ended September 30, […]

Alamos Gold Reports Third Quarter 2021 Results

2021-10-27 14:15:19 TORONTO, Oct. 27, 2021 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended September 30, 2021. “We had a challenging third quarter at our Mulatos mine which offset strong performances at our Canadian operations. The challenges at Mulatos are temporary with […]

Coeur Mining Reports Third Quarter 2021 Results

2021-10-27 14:03:26 CHICAGO / Oct 27, 2021 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported third quarter 2021 financial results, including revenue of $208.0 million and cash flow from operating activities of $21.8 million. The Company reported GAAP net loss from continuing operations of $54.8 million, or $0.21 […]

Currie Rose Resources Acquires Two Advanced Battery Metal Projects in North Queensland Australia

2021-10-27 14:02:06 Toronto, Ontario–(Newsfile Corp. – October 27, 2021) – Currie Rose Resources Inc. (TSXV: CUI) (“Currie” or the “Company”) is pleased to advise the company will acquire 100% of two Vanadium (Battery Metal) Projects (the “Project”) located in Central North Queensland, Australia (Figure 1). Highlights: Currie to acquire 100% of two advanced Vanadium (Battery […]

Osisko Gold Royalties Announces Purchase of Royalties From Barrick Gold

2021-10-27 14:00:44 MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (“Osisko” or the “Corporation”) (OR: TSX & NYSE) is pleased to announce that it has concluded a transaction with Barrick TZ Limited, a subsidiary of Barrick Gold Corporation (“Barrick”), to acquire the following royalties for total cash consideration of US$11,750,000: a 2% […]

Rathdowney Resources Closes Second Tranche of Private Placement

2021-10-27 13:50:49 VANCOUVER, BC, Oct. 27, 2021 /CNW/ – Rathdowney Resources Ltd. (“Rathdowney” or the “Company”) (TSXV: RTH) announces that the Company has closed the second tranche of the unit private placement announced previously on July 29, 2021, issuing 24,428,571 common shares at $0.035/share for gross proceeds of $855,000. Each unit consist of one common […]

Viva Gold Announces Results of Annual General and Special Meeting

2021-10-27 12:07:25 VANCOUVER, BC / ACCESSWIRE / October 27, 2021 / Viva Gold Corp. (TSXV:VAU)(OTCQB:VAUCF) (the “Company” or “Viva“) is pleased to announce results of its Annual General and Special Meeting held on October 26th, 2021. Detailed results of the Meeting are set out below: “I would like to thank our shareholders for their continued […]

From 'dead money' to a breakout: Silver's fortune is about to change

Silver has been “dead money” for the past six months, but its fortune is about to change with the precious metal’s fundamentals pointing to a breakout towards $35, said Jim Iuorio, TJM Institutional Services managing director. After frustrating several months, silver finally found its spotlight, Iuorio told Michelle Makori, editor-in-chief of Kitco News. Silver is […]

Falcon Gold closes oversubscribed private placement bring in over half a million dollars

Falcon Gold CEO Karim Rayani joined Steve Darling from Proactive to share news the company has added to their treasury closing an oversubscribed non-brokered private placement of just over half a million dollars. Rayani telling Proactive, the gross proceeds will be used for exploration and development of Falcon’s British Columbia, Ontario and Newfoundland projects. Rayani […]

Tesla Informs SEC It May Restart Transacting in Cryptocurrencies – Featured Bitcoin News

2021-10-26 19:21:59 Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. […]

Cardano, Solana Lead Altcoins As Market Sees Record Inflows

2021-10-26 16:00:23 Cardano and Solana have led the charge of altcoins in the recent round of inflows into the crypto market. Altcoins saw increased inflows alongside bitcoin, which had seen increasing interest from investors after the first bitcoin ETF had been approved and began trading last week. Last week recorded the highest amount of institutional […]

Pfizer (PFE) Outpaces Stock Market Gains: What You Should Know

2021-10-26 14:45:09 Pfizer (PFE) closed the most recent trading day at $43.56, moving +0.95% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.18%. Heading into today, shares of the drugmaker had lost 0.96% over the past month, outpacing the Medical sector’s loss of 1.77% and lagging the S&P 500’s […]

U.S. regulators exploring how banks could hold crypto assets – FDIC chairman

2021-10-26 14:43:00 LAS VEGAS, Oct 26 (Reuters) – A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset. Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters in […]

These Are The Dangers That The Stock Market Is Facing Right Now

2021-10-26 13:48:05 The S&P 500 stumbled in September, losing close to 5%. This appeared to be a bad omen for October, a month that in the past delivered very nasty surprises. But it wasn’t. The market recovered all the September losses and is now at a new record high. Initial 3Q corporate earnings that beat […]

Turkey Stocks Surge Reveals Deserted Market That’s Easy to Move

2021-10-26 05:19:57 (Bloomberg) — Turkey market ructions have claimed the nation’s currency and bonds among their victims, but stocks are defying all odds to post one of the world’s best performances this month. The benchmark Borsa Istanbul 100 Index has rallied more than 7% in October, the sixth biggest advance globally in local-currency terms. The […]

€4.1m in Portuguese real estate projects sold using Cardano cryptocurrency, a European first

2021-10-26 03:51:06 Prometheus International sold two luxury houses, still under construction, in the Portuguese island of Madeira to the value of €4.1 million. The properties were paid for in cryptocurrency, the first time this has occurred in Portugal, marking the start of the blockchain revolution in this crypto-friendly European country. Three villas at the Aurora development in Madeira, Portugal The first two properties in the oceanside projects of Aurora and Saudade, with a total value of €4.1 […]

Mining firms seek ‘stability’ for sector in new Chilean constitution

2021-10-25 23:49:00 SANTIAGO – Mining companies operating in Chile will deliver a proposal document to the elected assembly drafting a new constitution for the world’s largest copper producer, an industry association said on Monday, seeking stability for the sector. The National Mining Society (Sonami) said the proposal document is the result of work carried out […]

New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco-friendly Options

2021-10-25 19:57:11 Bondly has announced a new functionality on the Cardano blockchain that is aimed at creators. Energy consumption has been a major problem on the Ethereum network, especially given the increased usage of the blockchain over the past couple of months. Developers behind the project have been working towards moving the network to proof […]

Markets Hit Records; Is This Red-Hot Crypto Stock Next?

2021-10-25 14:21:00 Investors didn’t waste any time on Monday, continuing to push the stock market higher, building on gains from the past week. The Nasdaq Composite (NASDAQINDEX:^IXIC) was the only index not to close at a record high, but it posted the biggest gains, while the S&P 500 (SNPINDEX:^GSPC) and Dow Jones Industrial Average (DJINDICES:^DJI) […]

Bitcoin ‘Power to Data’ project unveiled at idle North Bay power plant

2021-10-25 14:00:00 ‘I think it is a great opportunity for North Bay to set up and really expand on its vision of a technology hub being located here’ The North Bay Power Plant on Highway 11 North will be back in operation powering up a unique bitcoin mining data centre to be built on the site.. […]

Aton Resources Announces Bridge Loan

2021-10-27 10:00:27 VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable […]

ArcPacific Resources Closes 1st Tranche of Private Placement

2021-10-27 09:18:45 Vancouver, British Columbia–(Newsfile Corp. – October 27, 2021) – ArcPacific Resources Corp. (TSXV: ACP) (the “Company“) is pleased to announce it has closed the first tranche of a non-brokered private placement of flow-through units (the “FT Offering”) and non-flow-through units (the “NFT Offering”) (together, the FT Offering and NFT Offering are the “Private […]

Steppe Gold: Completion of the Feasibility Study for the ATO Gold Project Successfully Demonstrates a Robust, Long Life Operation

2021-10-27 08:22:38 ULAANBAATAR, Mongolia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd (TSX: STGO) (OTCQX:STPGF) (FSE:2J9) (“Steppe Gold” or the “Company”) is pleased to announce the positive results of the Feasibility Study on the 100% owned ATO Gold Project in Mongolia (the “Feasibility Study”), comprising a further two years at the producing oxide phase and […]

Phoenix Gold Resources Begins Phase 2 Drilling at York Harbour Copper-Zinc-Silver-Cobalt Project, Newfoundland

2021-10-27 06:34:17 Vancouver, British Columbia – TheNewswire – October 27, 2021 – Phoenix Gold Resources Corp. (TSXV:PXA) (OTC:PGRCF) (Frankfurt:5DE) (“Phoenix Gold” or the “Company”) is pleased to report that Phase 2 diamond drilling has begun on its York Harbour Mine Property (“York Harbour” or the “Property”) in western Newfoundland, Canada. Three drill holes have been […]

GoldSpot Targeting Results in a High-Grade Gold Discovery at Pretium Resources’ Golden Marmot Zone

2021-10-27 06:34:17 Toronto, Ontario–(Newsfile Corp. – October 27, 2021) – GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (“GoldSpot” or the “Company”), a leading technology services company leveraging machine learning to transform the mineral discovery process, and Pretium Resources Inc. (TSX: PVG) (NYSE: PVG) (“Pretium”), are pleased to announce the results of the first phase of […]

Benchmark Metals Drills 30 Metres of 2.81 g/t Gold Equivalent and Delineates 400 Metres Strike-Length of Mineralization in New Zone

2021-10-27 06:17:30 Edmonton, Alberta–(Newsfile Corp. – October 27, 2021) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark“) is pleased to announce new results from exploration drilling at the Marmot Zone, including 30.00 metres (m) core length of 1.93 grams per tonne (g/t) gold and 70.33 g/t silver or 2.81 […]

QC Copper Closes $7 Million Private Placement

2021-10-27 06:06:16 /NOT FOR DISSEMINATION, DISTRIBUTION, RELEASE, OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./ TORONTO, Oct. 27, 2021 /CNW/ – QC Copper and Gold Inc. (“QC Copper” or the “Company“) (TSXV: QCCU) is pleased to announce the closing of its previously announced brokered private […]

Ameriwest Lithium Railroad Valley Geophysics Results in Staking of Additional Claims

2021-10-27 06:02:27 VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a North American lithium exploration and development company, is pleased to announce that based on positive preliminary results from a recent geophysical survey, the Company has elected to stake 150 additional […]

Ridgeline Minerals Provides Nevada Exploration Update

2021-10-27 05:31:27 Vancouver, British Columbia–(Newsfile Corp. – October 27, 2021) – Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (“Ridgeline” or the “Company“) is pleased to provide an update on Q3-Q4 2021 exploration activities at the Company’s four exploration projects in the Carlin and Battle Mountain – Eureka trends of Nevada (Figure 1), with […]

Romios Gold Resources Discovers Gold and Base Metal Mineralization on Two Properties in the Golden Triangle, B.C.

2021-10-27 05:18:36 Toronto, Ontario–(Newsfile Corp. – October 27, 2021) – Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) (“Romios Gold” or the “Company”) is pleased to report on the latest discovery of gold and base metal mineralization on two of the Company’s ten 100%-owned claim blocks in the Golden Triangle of northwestern British Columbia that all together […]

FALCON INITIATES GEOPHYSICAL INTERPRETATION, LITHIUM POTENTIAL ON ADJACENT GROUND TO BENTON-SOKOMAN’S LITHIUM DISCOVERY

[ad_1] Vancouver – FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF: OTCQB); (‘Falcon’ or the ‘Company’) is pleased to announce it has undertaken a preliminary lithostructural interpretation of high-resolution magnetic and radiometric data on its Hope Brook Property. The Hope Brook Property lies contiguous to the Benton-Sokoman spodumene lithium-bearing pegmatite discovery referred to as the […]

Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations

2021-10-27 04:36:35 MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to provide an update on the restart of operations at the Beaufor Mine and Beacon Mill, scheduled to begin in the coming weeks in preparation for the start of mining in 2022. Rehabilitation work […]

Golden Star Resources Reports Update on Drilling Programs at Wassa

2021-10-27 04:31:36 Up-dip exploration target continues to expand, and Upper Mine drilling confirms higher grade mineralization TORONTO, Oct. 27, 2021 /CNW/ – Golden Star Resources Ltd. (NYSE American: GSS0 (TSX: GSC) (GSE: GSR) (“Golden Star” or the “Company”) is pleased to announce an update on the continued drilling programs within its Wassa mining concession in […]

Marathon Gold Reports Latest Berry Infill Drill Results

2021-10-27 04:31:36 TORONTO, Oct. 27, 2021 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland (the “Project”; Figure 1). These latest results represent fire assay data from twenty diamond drill holes completed as part of […]