Loading ...Sure glad Basel 3 is helping us out …
Not much so far … probably by design.
Eldorado begins commercial production at its first Canadian mine
Eldorado Gold (TSX:ELD)(NYSE:EGO) has kicked off commercial production at its Lamaque mine located in Quebec, the company’s first operation in the home country, expected to produce between 100,000-110,000 ounces of gold this year.
Lamaque, which the Vancouver-based company grabbed after acquiring Integra Gold in 2017, has an initial mine life of seven years and its output is set to increase to 125,000-135,000 ounces of gold in 2020 and 2021.
The underground mine produces ore from the Triangle-deposit, which is processed at the refurbished Sigma mill.
Eldorado begins commercial production at its first Canadian mine
Cannabis fad mows down Canada’s junior mining sector
A growing interest in Canada’s emerging cannabis sector, which spiked after recreational use of marijuana was legalized in October, is sucking investment away from mining and hitting juniors hardest, a new study shows.
According to BDO Sherif Andrawes, investments in Canadian cannabis companies increased from C$43 million to C$770 million from the first half of 2016 to the same period in 2017, a massive surge year on year. In contrast, total mining companies listed on the Toronto Stock Exchange and TSX-V dropped 25% from 2017 to 2018.
MOZ.TO
Leprechaun Main Zone Infill Drilling Hits New High-Grade Gold: 11.83 g/t Au over 22.0m, 9.02 g/t Au over 22.0m and 2.52 g/t Au over 71.0m, Valentine Gold Camp, NL
https://finance.yahoo.com/news/leprechaun-main-zone-infill-drilling-110000178.html
That’s a lot of AU
Continental Gold Drills 17.20 Metres @ 100.24 g/t Gold Equivalent in BMZ1 at Buriticá
https://finance.yahoo.com/news/continental-gold-drills-17-20-103000849.html
It’s a comedy act
Bitcoin up $1,000 in a day and Gold can’t mustard a $10 move. game is up
Well, now that most of the years gains are gone in the last week
it’s time to reflect on whether 2019 is going to be another lost year
Believe me, I’ve been reflecting…
