After enduring Tuesday's price attack which took the gold price as low as $1489 on a December futures basis, the gold price has rallied as high as $1532 as of Wednesday evening. K92 mining Released their Q2 2019 financials and has increased 2019 production guidance. Contact Gold reported results from three drill holes of the 2019 drill program at the Bowl zone on the Pony Creek gold property. Southern Silver Exploration has closed the first tranche of a non-brokered private placement. Wallbridge mining says it plans to increase the number of drills on the Fenelon Gold Property to a total of 6.
Read MoreDecember contract gold futures traded in an expanded $57 dollar price range yesterday as many of the miners saw sell-offs and profit taking throughout the markets. Endeavor Silver shared results from its ongoing 2019 exploration program on the Parral project in Chihuahua, Mexico. Xanadu Mines shared the results of its first batch of assay from its oxide gold drilling program at its flagship Kharmagtai project in southern Mongolia. Regulus Resources says it has mobilized an additional two drill rigs, for a total of four, at its AntaKori copper-gold project located in Cajamarca, Peru.
Read MoreThe price of gold moved up another $5 on Monday, continuing its inexorable climb in price fueled by deteriorating economic and financial conditions globally as well soaring geopolitical risk. Pacific Empire Minerals says that based on continued weak copper performance and improved gold price, the Company will focus its ongoing 2019 exploration efforts advancing its 100% owned Pinnacle Porphyry Project. Sun Metals reported the initial results from step-out drilling in the 421 zone at its 100% owned Stardust project in north central British Columbia. Premier Gold shared an update from its drilling program at the company’s Mercedes Mine in Sonora, Mexico. Vista Gold announced final leach test results for its Mt Todd project in Australia.
Read MoreThe price of gold - front month futures basis - withstood several attempts to drive the price back below $1500 last week. Late last week, New Gold announced that it had raised $150 million through the issuance of 93.7 million common shares on a bought deal basis. Lumina Gold shared additional drill results from the Cangrejos and Gran Bestia resource in-fill, step-out and exploration program. PowerOre announced its latest results from its spring 2019 drill program oat the Opemiska Copper Mine complex in Quebec.
Read MoreToday, we discuss the latest Canadian Creek land acquisition by Western Copper and Gold, which sits next to their Casino project in Yukon. CEO Paul West-Sells joins us for that conversation. We then turn to the projects Head Geologists to chat about the excitement of the infill drilling happening at Casino.
Read MoreSilver outperformed gold on Wednesday by a ratio of 2:1. Minera Alamos announced this morning it has received the Environmental Impact Statement permit approval from the Mexican federal agency of Natural Resources. Integra Resources has increased its non-brokered offering to $12-million. Marathon Gold shares final infill drilling numbers from the Leprechaun Deposit. White Gold provided an update from diamond drilling on its Vertigo discovery.
Read MoreGold inching closer to $1500 spot. Pure Gold has closed a 90 million dollar project financing package with Sprott Resource Lending to fully fund the costs to develop an underground mine at the company’s Madsen Gold project. Wallbridge Mining shared new exploration results this morning from the Fenelon Gold Property in Quebec. Bonterra Resources announced it has entered into an agreement with Sprott Capital Partners to increase its private placement to approximately $32 million dollars. A special note to the mining and exploration community in Yukon after a tragic loss.
Read MoreGold hit record highs in multiple currencies yesterday as trade and currency wars begin to escalate. Klondike Gold shared high-grade exploration numbers. Gold Standard Ventures updates shareholders on its 2019 exploration plans. Ur-Energy take cost-reducing steps.
Read MoreToday we chat briefly about today's surge in precious metals off of the news that trade and currency wars with China - US are heating up. We also go through the numbers from morning trading from the overall markets, along with movers from the producers and royalty companies.
Read MoreToday we air the last two interviews conducted from Dawson City, Yukon during the Yukon Mining Investment Conference last month. We welcome Matt Turner, CEO, of Rockhaven Resources to discuss upcoming plans for exploration on the Klaza project. We also discuss valuation techniques with Matt Geiger of MJG Capital.
Read MoreGold’s recent resiliency fades after Fed Chair Jerome Powell signaled the central bank is in no hurry to cut interest rates. Integra Resources shared an update on the metallurgical test work for both Florida Mountain and DeLamar deposits. Hudbay to appeal yesterday's court ruling on Rosemont. Aurion Resources announced that it completed its private placement financing. Rugby Mining announced that it has entered into an option agreement to earn up to 100% of the El Zanjon Gold and Silver Project in Santa Cruz Province, Argentina.
Read MoreThe price of gold on Tuesday moved up $9 from Monday's afternoon closing level. Nighthawk Gold provided additional drill results from the Colomac Gold Project. Liberty Gold says ongoing drilling at Black Pine in southern Idaho continues to intersect thick zones of high-grade oxide gold mineralization. IAMGold provided the remaining assay results from its 2019 diamond drilling program completed on the Lac Gamble Zone at the Rouyn Gold project. Northern Dynasty's shares soared 65% to 91 cents on Tuesday after the Environmental Protection Agency withdrew an Obama-era initiative. Goldplay Exploration announced a high-grade gold intersection from its first core drill hole at the San Marcial Project.
Read MorePure Gold mining says Bonanza Grade intercepts have been intersected during Madsen Red Lake surface drilling. Brixton Metals announced a fully subscribed, non-brokered private placement. IAMGold provided assay results from its 2019 diamond drilling program at the Gosselin Zone discovery. Tudor Gold announced results from the first three diamond drill holes at the Goldstorm Zone. Americas Silver reported second quarter production results. Bonterra Resources announced that it has engaged Sprott Capital to lead-manage a $27 million private placement. Western Copper and Gold set to acquire the Canadian Creek Property.
Read MoreToday, we discuss financial situations with Willem Middelkoop and his thoughts on "monetary madness" and a new generational gold bull market. We also sit with Tara Christie, CEO of Banyan Gold, to chat about her project and the district which is also comprised of Victoria Gold and Alexco Resources.
Read MoreRegulus Resources announced results from two additional drill holes from its Phase 2 drill program. Marathon Gold says infill drilling at the Leprechaun deposit along the main zone continues to intersect new high-grade gold intervals with abundant visible gold. Continental Gold says 10 diamond drill-holes targeting BMZ4, at the company’s Buriticá gold project in Colombia intercepted high-grade gold over thick continuous intervals.
Read MoreIn today's news, Great Bear share high-grade exploration results from Red Lake, Ontario. Contact Gold adds a second Carlin-style gold property to its portfolio. Rio2 to raise $22-million with assistance from Eric Sprott. Ascendant Resources and Gatling Exploration have new exploration results to share.
Read MoreBarkerville Gold Mines has new drill results out today from its Island Mountain exploration and category conversion program at the company’s flagship Cariboo Gold project in central British Columbia. SilverCrest Metals announced this morning it has entered into an agreement with a syndicate of underwriters led by National Bank Financial and Desjardins Capital Markets, pursuant to which the Underwriters have agreed to purchase over 3 and a half million common shares of the company. IAMGOLD shared assay results this morning from its 2019 winter drilling program at its Monster Lake joint venture project in Quebec. Sun Metals shared an update this morning from its exploration efforts at the company’s Stardust project in north central British Columbia.
Read MoreIn today's news briefing, the Mining Stock Journal provides some commentary on the silver move last week. K92 shares exploration results from Papua New Guinea. Bonterra Resources has exploration results to share from Barry and Gladiator. Bravada Gold financing update. Galantas Gold mine construction news.
Read MoreToday on Mining Stock Daily, we chat with John Kaiser of Kaiser Research from the Yukon Mining Investment Conference. We gold bull markets and US economic and financial trends coming into the pipeline. Interesting enough, John discusses how a US faction of people who once shunned gold may now be moving into the safe haven.
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