Kootenay Silver (TSXV: KTN) announced that its wholly-owned Mexican subsidiary entered into an option agreement to acquire a 100% interest in the Columba silver project, which hosts a past-producing mine and is located in the northwestern state of Chihuahua, Mexico. Under the terms of the agreement, Kootenay Silver can acquire a 100% ownership in the […]
Stock Market News
Ray Dalio’s faith in gold unshaken even amid investor selloff
Dalio’s Bridgewater Associates maintained its holdings in SPDR Gold Shares, the largest bullion-backed ETF, at 3.9 million shares, and its stake in iShares Gold Trust, the second-largest, at 11.3 million shares in the third quarter, according to a regulatory filing Tuesday.
Pan American Silver buys Tahoe Resources for $1.07 billion
Canada’s Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world’s largest silver producers. Pan American, already the world’s second-largest primary silver miner, will effectively double its silver reserves of the precious metal with the acquisition, as Reno, Nevada-based Tahoe Resources owns […]
5 Important Signs For a Major Bottom in Gold
Long-term oriented investors and speculators should be aware of the near-term trends but they should also be aware of the conditions that will lead to a shift from a bear market to a bull market.
Gold production up 60% over last year at RNC Minerals’ Beta Hunt mine
RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t. Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including […]