Global Markets Sent Plummeting Following Russian Invasion of Ukraine
Stock markets in the US, Europe, and Asia were sent into a sharp nosedive on Thursday morning, after Russian President Vladimir Putin confirmed that military forces have invaded Ukraine, in a chilling declaration of war speech. Markets around the world suffered massive selloffs on the news, with Wall Street’s Dow Jones Industrial Average dropping by […]
What Is The Key Price Level For Gold? – The Daily Dive
Today on the Daily Dive, we see the return of Simon Dyakowski, President and CEO of Aztec Minerals (TSXV: AZT). We start off our discussion with Simon by addressing the current stance of the US government on the development of mineral properties, followed by a discussion on the key price levels of gold. From here, […]
Russia Invades Ukraine, Global Leaders React
It appears that the world slipped in chaos overnight, as Russia at the break of dawn in Kiev time, launched a full-scale invasion of Ukraine. Russian President Vladimir Putin with the invasion declared a chilling new state of foreign policy — one that focuses on the “demilitarization and denazification” of its neighbouring country. Shocking videos […]
Cypress Development Acquires Adjacent Clayton Valley Lithium Project For US$1.1 Million Cash, 3.0 Million Shares
Cypress Development Corp (TSXV: CYP) announced today the definitive agreement to acquire Enertopia Corporation’s (OTCQB: ENRT) Clayton Valley lithium claystone project. The property is immediately adjacent to Cypress Development’s own Clayton Valley lithium project. Under the terms of the transaction, the company will pay US$1.1 million in cash and issue 3,000,000 Cypress common shares. The acquisition […]
Moderna Shares Jump After Announcing Q4 2021 Earnings, US$19 Billion Advanced Sales
Moderna Inc (Nasdaq: MRNA) announced this morning its Q4 and full-year 2021 earnings. The vaccine manufacturer earned US$7.21 billion in revenue, beating the consensus estimates of US$6.78 billion. The quarterly revenue was heavily driven by the sale of around 297 million doses of its COVID-19 vaccine. This compares to US$571 million in revenue, including the sale […]
Nuclear Energy Producer Vattenfall Cuts Uranium Purchases From Russia
As the war between Russia and Ukraine gets underway, it appears that supply chains globally are changing at a rapid pace. The uranium sector is not immune to this, with changes already being announced by uranium consumers as they look to avoid potential oncoming sanctions, or broadcast their ethical values. Vattenfall, a Sweden-based multinational firm […]
Agnico Eagle Posts US$949.1 Million In Revenue For Q4 2021, Sees CEO Anthony Makuch Steps Down
Agnico Eagle Mines Limited (TSX: AEM) released on Wednesday its Q4 and full-year 2021 financial results, which saw the company post US$949.1 million in revenue. This is a decrease from Q3 2021’s revenue of US$974.1 million but an increase from Q4 2020’s revenue of US$928.4 million. The company produced 501,932 gold ounces for the quarter […]
Artemis Gold Secures Financing For Blackwater Gold Project
Artemis Gold (TSXV: ARTG) has secured significant funding for its Blackwater Gold Project in British Columbia. The company this morning indicated it has secured up to $385 million in project debt financing. The debt financing comes from Macquarie Bank and National Bank of Canada, whom jointly have provided a commitment letter and term sheet for […]
Grande Portage Hits 51.5 g/t Gold Over 3.53 Metres At Herbert Project
Grande Portage Resources (TSXV: GPG) has finally received partial assay results from its fall 2021 drill program. Drilling was conducted at the firms flagship Herbert gold project, located in southeastern Alaska. The drill program itself consisted of both expansion and infill drilling at the project, as the company looks to build upon its current mineral […]
New Found Gold Intersects 43.78 g/t Gold Over 3.10 Metres At Keats
With its quality assurance and quality control review now behind it, New Found Gold (TSXV: NFG) is wasting no time releasing further assays from its ongoing exploration program. The company this morning released details on a total of 21 drill hole assays from the Queensway Project in Newfoundland. Drilling at the Queensway Project is ongoing […]