Pure Gold: No Damage At Site, Operations Suspended Temporarily Due To Fire
Pure Gold Mining (TSXV: PGM) released a very early update this morning in relation to the previously reported on forest fire that begun nearby its Madsen Mine in the Red Lake district. The company revealed that as a result of the currently raging forest fire, operations at the mine have been temporarily suspended. In the […]
Pure Gold: Forest Fire Breaks Out Nearby Madsen Mine
It appears that a forest fire has broken out nearby to Pure Gold Mining’s (TSXV: PGM) Madsen Mine in the Red Lake, Ontario district. The forest fire is said to have begun near the mine site, and is currently moving east-southeast away from the mine. The fire is said to currently be approximately 420 hectares […]
Silvercorp Metals: Bank of Montreal Raises Revenues Estimates, Price Target Following Earnings Beat
On Friday, Silvercorp Metals (TSX: SVM) reported their first quarter of fiscal 2021 with revenue of $46.7 million, up $1.1 million or 2% on a year-over-year basis. Net income came in at $15.5 million, while earnings per share was at $0.09, compared to $12.6 million and $0.07, respectively, a year prior. Cash flow from operations […]
Canada’s Retail Trade Shows Signs of Rebound After Sales Plummeted by More Than 33% Since February
It appears that Canada’s retail trade has moderately rebounded in May, following the lifting of many government-mandated restrictions which were imposed back in March. The month of February saw the highest amount of retail trade sales in a span of two years; however, the coronavirus pandemic quickly shifted the momentum. In March, when governments began […]
Bombardier: TD, Veritas Raise Price Target, BMO Cuts
Last week, Bombardier (TSX: BBD.b) reported second quarter 2020 financials, reporting $2.7 billion in revenues versus the Refinitiv consensus estimate of $2.48 billion. Revenues were down 37% year over year, while loss per share came in at $0.13 and adjusted loss per share came in at $0.30. They currently have ~$3.5 billion in liquidity that […]
US Election and COVID-19 Vaccine Could Interfere With Gold’s Trajectory Path to $4,000
Amid the increasing global volatility, and financial uncertainty, many investors have flocked to gold assets as a safe haven; as a result, gold prices have skyrocketed to levels not seen in almost a decade. According to US Global Investors CEO Frank Holmes, the trillions of dollars of money being printed by central banks, coupled with […]
Khiron Launches Kuida CBD Skincare Products Into Hong Kong Market
Khiron Life Sciences (TSXV: KHRN) is going to Asia. The company announced this morning that it has signed a distribution deal for its Kuida CBD cosmetics brands with that of DNO Group, a leading distributor within the Asian market with over 50,000 points of sale within the Asian region. Distribution of Kuida products are expected […]
Dominion Water: Securing A Leadership Position In Blue Gold
Water: one of the vital ingredients of creating life. While water covers approximately 71% of the earths surface, much of this is not safe for consumption by humans. Conversely, freshwater, which is generally safe for consumption, accounts for approximately 2.5% of global water stocks. Of this fraction of total water resources, glaciers and ice caps […]
Unigold Drills 9.02 G/T Gold Over 30 Metres At Neita Concession
This morning, Unigold inc (TSXV: UGD) announced further results from its ongoing phase 1 drill program at its Candelones deposit within the Neita Concession at its flagship property in the Dominican Republic. Highlights from the drill program include 9.02 grams per tonne gold, 5.1 grams per tonne silver, and 0.63% copper over 30 metres within […]
Premier Gold Announces US$50.0 Million Acquisition Of Nevada Assets
Premier Gold Mines (TSX: PG) this morning announced that it has entered a definitive purchase agreement to acquire that of Osgood Mining Company from Waterton Global Resource Management. Osgood is the current owner of the Getchell project, located near Winnemucca, Nevada. Total consideration for the acquisition amounts to US$50 million in cash and shares. Upon […]