AEX Gold Becomes Largest Acreage Holder in Southern Greenland

2022-05-11 23:09:43 Acquisition of Significant Strategic Mineral Land Package in South Greenland from Orano Group TORONTO, ON / ACCESSWIRE / May 12, 2022 / AEX Gold Inc. (AIM:AEXG)(TSXV:AEX), an independent mining company with an unrivalled land package of gold and strategic mineral assets in Greenland, is pleased to announce it has acquired mineral exploration licences […]

EDM Resources Announces Filing of Its 2021 Annual Financials

2022-05-11 18:26:47 Halifax, Nova Scotia–(Newsfile Corp. – May 11, 2022) – EDM Resources Inc. (TSXV: EDM) (“EDM” or the “Company“) announces that further to its news release of May 10, 2022, the Company advises that it has now filed its 2021 year-end financial statements and related materials on SEDAR, and expects the cease trade order […]

Torex Gold Resources Reports First Quarter Financial Results

2022-05-11 15:18:55 (All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports the Company’s financial and operational results for the three months ended March 31, 2022. The Company will host a conference call tomorrow morning at 9:00 AM […]

Gold is 'the most confusing' of all commodities right now

The latest comments from the Federal Reserve triggered a massive selloff across all risk assets. But why is gold still below the $1,900 level? Here’s a look at Kitco’s top three stories of the week: 3. Gold and bitcoin jump as Fed’s Powell takes 75bps hike off the table in June https://www.kitco.com/news/2022-05-04/Gold-price-bitcoin-price-jump-as-Fed-s-Powell-takes-75bps-hike-off-the-table-in-June.html 2. Bitcoin price […]

Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commence Normal Course Issuer Bid

2022-05-11 14:55:57 TORONTO / May 11, 2022 / Business Wire / Largo Inc. (“Largo” or the “Company“) (TSX: LGO) (NASDAQ: LGO) today released financial and operating results for the three months ended March 31, 2022. The Company reported quarterly vanadium pentoxide (“V2O5”) equivalent sales of 2,232 tonnes at a cash operating cost excluding royalties per […]

Moneta Gold Increases Resources to 4,265,000 Oz Gold Indicated and 7,496,000 Oz Gold Inferred at Tower Gold Project

2022-05-11 14:55:57 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to provide an updated mineral resource estimate (“MRE”) for its 100% owned Tower Gold project (“Project”), located 100 kilometres (“km”) east of Timmins, Ontario. The consolidated mineral resource now totals […]

Power Group Projects Announces Passing of Director

2022-05-11 14:41:31 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Power Group Projects Corp. (TSXV: PGP) (the “Company“) is sad to report that, Yana Bobrovskaya, a valued member of the Company’s board of directors, has passed away. The Company and the board of directors extends its deepest condolences to Yana’s family, friends and business associates. […]

Sierra Metals Reports Consolidated Financial Results for the First Quarter Of 2022

2022-05-11 14:13:23 TORONTO / May 11, 2022 / Business Wire / Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today reported revenue of $57.2 million and an adjusted EBITDA of $16.0 million on the throughput of 590,730 tonnes and metal production of 15.9 million copper equivalent pounds for […]

Aris Gold Announces Q1 2022 Financial and Operating Results

2022-05-11 14:13:23 VANCOUVER, BC, May 11, 2022 /CNW/ – Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) reports financial and operating results for the three months ended March 31, 2022. All amounts are in US dollars, unless otherwise indicated. Aris Gold CEO Neil Woodyer stated: “During Q1 we began to see […]