Saturday, January 23, 2021
Libero expands Golden Triangle copper discovery

Libero expands Golden Triangle copper discovery

Libero Copper & Gold Corp. [LBC-TSXV; LBCMF-OTCQB] reported final assay results for the initial holes from the new Terry porphyry copper discovery at the Big Red Project in northwestern British Columbia’s Golden Triangle region. Highlights include 120 metres grading 0.41% copper equivalent (CuEq) (0.34% Cu, 2.47 g/t Ag, 0.06 g/t Au), including 70 metres of…
Alexco hits 8.76 metres of three,530 g/t silver in Yukon

Alexco hits 8.76 metres of three,530 g/t silver in Yukon

Alexco Resources Corp. [AXR-TSX, AXU-NYSE] on Tuesday January 19 reported results from its 2020 surface exploration drilling program that focused on the Bermingham Northeast Deep Zone at its flagship Keno Hill silver project in the Yukon Territory. Bermingham Northeast Deep is situated approximately 150 metres below the existing mineral resource that is currently in development…
Capstone sets 200-million-pound copper target

Capstone sets 200-million-pound copper target

Capstone Mining Corp. [CS-TSX] on Tuesday January 19 said it plans to advance two operational growth projects to sustain 200 million pounds of copper production, starting in 2022. The forecast is contained in a corporate update that includes the company’s 2021 production and capital guidance, exploration updates, and executive leadership announcements. Capstone said its production…
Trump pardons ragged Google engineer Anthony Levandowski

Trump pardons ragged Google engineer Anthony Levandowski

WASHINGTON — U.S. President Donald Trump said on Wednesday he had given a full pardon to a former Google engineer sentenced for stealing a trade secret on self-driving cars months before he briefly headed Uber Technologies Inc’s rival unit.Anthony Levandowski, 40, was sentenced in August to 18 months in prison after pleading guilty in March.…
Japan’s Energy Crunch Has Investors Speeding for a High Utility

Japan’s Energy Crunch Has Investors Speeding for a High Utility

(Bloomberg) — An energy crisis plaguing Japan has propelled its top power producer to become one of the nation’s best-performing stocks of 2021.Tokyo Electric Power Co. Holdings Inc. has rallied 38% so far this year, outperforming every other company on the Nikkei 225 Stock Average. Wholesale power prices have spiked to an eye-watering record high…
Nikkei falls on profit-reserving as enhance from Yellen call fades

Nikkei falls on profit-reserving as enhance from Yellen call fades

TOKYO — Japanese shares retreated from early gains on Wednesday on profit-booking as U.S. Treasury Secretary nominee Janet Yellen’s call for big spending was not perceived by investors as surprising.Nikkei share average edged down 0.38% to 28,523.26, while the broader Topix inched down 0.34% to 1,849.58.Asian shares climbed to a record high as Yellen advocated…
Gold features as greenback weakens on U.S. stimulus outlook

Gold features as greenback weakens on U.S. stimulus outlook

Gold prices rose on Wednesday as thedollar weakened after U.S. Treasury Secretary nominee JanetYellen underscored the need for a huge stimulus to help theeconomy recover from the coronavirus jolt, bolstering bullion’sappeal as an inflation hedge.Spot gold gained 0.6% to $1,850.66 per ounce by 0604GMT. U.S. gold futures added 0.5% to $1,850.Yellen at her confirmation hearing…
Premier Gold’s Cove PEA experiences NPV at US$178-million

Premier Gold’s Cove PEA experiences NPV at US$178-million

Premier Gold Mines Ltd. [PG-TSX] released the updated results of its preliminary economic assessment (PEA) on the Cove project at its 100%-owned McCoy-Cove property located near Battle Mountain, Nevada. All figures in U.S. dollars. Highlights of the updated PEA results and life-of-mine plan (LOM) include: After-tax NPV5 (net present value at a 5% discount) is…
Marathon Gold poised to resume drilling at Valentine

Marathon Gold poised to resume drilling at Valentine

Marathon Gold Corp. [MOZ-TSX; MGDPF-OTCQX] on Monday January 18 released additional drill results from recent exploration at the Valentine Gold Project in central Newfoundland. The results released on Monday represent fire assay data from 14 holes that were located within the new 1.5-kilometre Berry Zone, which is located within the 6-km long Sprite Corridor, which…
Equinox Gold delivers unprecedented outcomes in Brazil

Equinox Gold delivers unprecedented outcomes in Brazil

Equinox Gold Corp. [EQX-TSXV; EQXGF-OTC] on Monday January 18 released positive drill results from the Piaba Underground and Genipapo target areas at the company’s 100%-owned Aurizona Gold Mine in Brazil. Having achieved commercial production in July, 2019, Aurizona is an open-pit gold mine with average life-of-mine production estimated at 130,000 ounces per year. The company…