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Lupaka Gold is sueing the Peruvian government

Lupaka Gold is sueing the Peruvian government

Lupaka Gold (TSX-V: LPK) has filed a petition with the World Bank's International Center for Settlement of Investment Disputes for arbitration over what it believes is insufficient support for the Peruvian government in a social conflict who has brought all …

November 9, 2020• 3 min
Osisko is planning to re-vive the Barkerville Gold Mine

Osisko is planning to re-vive the Barkerville Gold Mine

The next new gold mines in British Columbia could go into production as early as 2022, with the promise of the historic Barkerville region in B.C. to breathe life again. Osisko Gold Royalties Ltd. (TSX, NYSE: OR) completed a reverse acquisition of shell …

November 8, 2020• 3 min
AngloGold Ashanti quadruples its free cash flow

AngloGold Ashanti quadruples its free cash flow

The superlatives continue to roll through the mining sector as more and more companies publish their earnings reports. On Monday, AngloGold Ashanti said its free cash flow increased 290% in the third quarter, totaling $ 339 million. That was almost a …

November 6, 2020• 2 min
IAMGold reacts to Quebec earthquake

IAMGold reacts to Quebec earthquake

IAMGold announced Monday that it has ceased operations at its Westwood underground mine in southern Quebec following reports of seismic activity. The company said the incident occurred around 2:30 p.m. on Friday and all underground workers were safely …

November 6, 2020• 1 min
Yamana Gold takes over Monarch

Yamana Gold takes over Monarch

Yamana Gold (NYSE: AUY) agrees to acquire the Wasamac and Camflo assets in Quebec's Abitibi area from Monarch Gold (OTCQX: MRQRF) for C $ 152 million in cash and shares. Yamana says the Wasamac underground gold project, which is 100 km from its 50% owned …

November 5, 2020• 1 min
Tarku Resources´shares up after Eric Sprott announcement

Tarku Resources´shares up after Eric Sprott announcement

Tarku Resources Ltd. (TSXV: TKU) Shares rose 13% to $ 0.18 on Friday after junior explorer announced that Eric Sprott had bought $ 1.055 million in the company as part of a private unbroken placement of $ 2.5 million at a price will invest from $ 0.10 per …

November 4, 2020• 1 min
A Biden victory might cause troubles for gold stocks

A Biden victory might cause troubles for gold stocks

A full democratic cleanse would enforce legislation that would make it difficult and less profitable for mining companies, said Ryan Giannotto, director of research at GraniteShares. "It's going to be a very, very tough event for the mining industry as a …

November 3, 2020• 2 min
Equity Metals surprises with great drill results

Equity Metals surprises with great drill results

The "Bonanza" silver content triggered a certain buying interest in shares of a commodity junior on Monday. Here are some small stocks that are making big strides on Monday, October 19, 2020 (starting at 4 p.m. EST): Equity Metals Corporation (TSXV: EQTY) …

November 2, 2020• 1 min
Gold Price might turn out to be the Election Winner

Gold Price might turn out to be the Election Winner

Whether or not you support President Donald Trump, you need to acknowledge that one of the cornerstones of his style of governance is unpredictability. Trump's behavior and decision-making process may seem unpredictable to some critics, but I think they make …

November 1, 2020• 2 min
Cartier Resources is reactivating the Chimo Mine

Cartier Resources is reactivating the Chimo Mine

Cartier Resources was founded in 2006 and is based in Val-d'Or, Quebec. The province of Quebec has always been recognized as one of the best mining jurisdictions in the world. This is primarily due to the favorable geology, attractive tax environment, and …

October 30, 2020• 2 min