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Latest Press Releases

Record Gold Prices Shine Spotlight on Gold Miners in Canada's Prolific Gold Regions
- MENAFN - Sat Aug 8, 2:05AM CDT
MENAFN - CMTX
Sat Aug 8, 2:05AM CDT
Record Gold Prices Shine Spotlight on Gold Miners in Canada's Prolific Gold Regions
- PR Newswire - PRF - Fri Aug 7, 7:45AM CDT
PR Newswire - PRF - CMTX
Fri Aug 7, 7:45AM CDT
, /PRNewswire/ -- Gold prices have continued to hit all-time record highs, with December gold reaching an astounding on Tuesday as traders assessed the weakening dollar, continued monetary stimulus and of course, the ongoing pandemic. The gold frenzy is helping boost profitability for major gold producers and is starting to benefit mid-tier and junior gold exploration companies, particularly those in prolific gold regions across . While some mining regions faced pandemic-related setbacks, miners in continued with operations. Gold producer (TSX:YRI) (NYSE:AUY), which owns one of largest gold mines with (TSX:AEM) (NYSE:AEM), just exceeded production expectations and its annual dividend by 12%. . (TSX:CG) also its quarterly dividend by 25% after reporting record Q2 net earnings of . Meanwhile, (TSX:PVG) (NYSE:PVG) has continued to have steady production at its Brucejack Mine in and remains on track to meet 2020 production guidance. Then, there is gold exploration company (TSXV:POR) and its two very promising projects in one of largest and highest-grade gold producing districts.
Gold May Have The Attention Of More Investors Than Any Previous Time in History
- MENAFN - Wed Aug 5, 12:04AM CDT
MENAFN - CMTX
Wed Aug 5, 12:04AM CDT
Palm Beach, FL - August 4, 2020 - According to Gold.org, Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world''s gold came from South Africa. The report said: ''China was the largest gold producer in the world in 2016, accounting for around 14% of total annual production. But no one region dominates. Asia as a whole produces 23% of all newly-mined gold. Central and South America produce around 17% of the total, with North America supplying around 16%. Around 19% of production comes from Africa and 14% from the CIS region. Overall levels of mine production have grown significantly over the last decade, although substantial new discoveries are increasingly rare and production levels are increasingly constrained.'' Active mining stocks mentioned in today''s commentary include (TSX-V: RMI) (OTCQB: RIGMF), (NYSE: VGZ) (TSX: VGZ), (NYSE: BTG) (TSX: BTO), (NYSE: SAND) (TSX: SSL), (NYSE: AUY) (TSX:YRI).
Gold May Have The Attention Of More Investors Than Any Previous Time in History
- PR Newswire - PRF - Tue Aug 4, 8:15AM CDT
PR Newswire - PRF - CMTX
Tue Aug 4, 8:15AM CDT
, /PRNewswire/ -- According to Gold.org, Gold mining is a global business with operations on every continent, except , and gold is extracted from mines of widely varying types and scale. Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world's gold came from . The  said: " was the largest gold producer in the world in 2016, accounting for around 14% of total annual production. But no one region dominates. as a whole produces 23% of all newly-mined gold. Central and produce around 17% of the total, with supplying around 16%. Around 19% of production comes from and 14% from the CIS region. Overall levels of mine production have grown significantly over the last decade, although substantial new discoveries are increasingly rare and production levels are increasingly constrained."     Active mining stocks mentioned in today's commentary include(TSX-V: RMI) (OTCQB: RIGMF), (NYSE: VGZ) (TSX: VGZ), (NYSE: BTG) (TSX: BTO), (NYSE: SAND) (TSX: SSL), (NYSE: AUY) (TSX:YRI).
Mining Companies Flock To Stake Claims In Red Lake After Recent Gold Strikes In That Area
- MENAFN - Wed Jul 29, 2:31AM CDT
MENAFN - CMTX
Wed Jul 29, 2:31AM CDT
Mining Companies Flock to Stake Claims in Red Lake After Recent Gold Strikes in That Area
- PR Newswire - PRF - Tue Jul 28, 7:30AM CDT
PR Newswire - PRF - CMTX
Tue Jul 28, 7:30AM CDT
, /PRNewswire/ -- Already one of the largest and highest-grade gold producing districts, the Red Lake Mining District in northwestern has produced roughly 30 million ounces of high-grade gold. But through a series of recent discoveries in the region, it's evident that miners have still just barely scratched the surface, and that another The region is still home to many mining and exploration projects making headway in 2020, including from (TSX-V:POR) (OTCPK:PFFOF),(TSX-V:GBR) (OTCQX:GTBAF),(TSX-V:PGM) (OTCPK:LRTNF), (NYSE:NEM) (TSX:NGT), and Gold (TSX:YRI) (NYSE:AUY).
Investors Flock to Precious Metals as Market Shows Weakness
- PR Newswire - PRF - Fri Jul 24, 8:00AM CDT
PR Newswire - PRF - CMTX
Fri Jul 24, 8:00AM CDT
, /PRNewswire/ -- Stock markets turned red on Thursday as concerns of economic impact from the pandemic resurfaced once again after the level of new jobless claims unexpectedly increased last week, signaling a weakening trend in the labor market. Another 1.416 million Americans filed for first-time unemployment insurance benefits, up from just over 1.3 million the week before. As a result, about 30 million workers are collecting jobless benefits. As stock markets plummeted, gold was on track to close at a record high on Thursday as investors continue to pick safe-haven assets to ride out this time of economic and political uncertainty. Futures for the precious metal traded as high as per ounce through the Thursday, passing the previous record of , which was set back in . Clarity Gold Corp. (CSE: CLAR), Harmony Gold Mining Company Limited (NYSE: HMY), Yamana Gold Inc. (NYSE: AUY) (TSX: YRI), Kinross Gold Corporation (NYSE: KGC) (TSX: K), NovaGold Resources Inc. (NYSE: )
Uncertain Economic Prospects Point Towards Gold
- PR Newswire - PRF - Thu Jun 18, 8:00AM CDT
PR Newswire - PRF - CMTX
Thu Jun 18, 8:00AM CDT
, /PRNewswire/ -- The value of gold is problematic to forecast, as it contingent on many economic variables as well as on decisions made by the federal reserve. Nevertheless, gold investments are frequently regarded as safe haven in a time of economic and political turmoil. Earlier this week, Federal Reserve Chairman , indicated once again his concerns and uncertainty in regards to economic recovery. "The levels of output and employment remain far below their pre-pandemic levels, and significant uncertainty remains about the timing and strength of the recovery. Much of that economic uncertainty comes from uncertainty about the path of the disease and the effects of measures to contain it. Until the public is confident that the disease is contained, a full recovery is unlikely," Powell said on Tuesday as he appeared before the Senate Banking Committee on Tuesday. As a result, gold and silver prices traded with gains on Tuesday and Wednesday; August gold futures were up about an ounce and priced at about as of Wednesday. Norsemont Mining Inc. (OTC: NRRSF) (CSE: NOM), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Yamana Gold Inc. (NYSE: AUY) (TSX: YRI)
TSX Venture Exchange Stock Maintenance Bulletins
- CNW Group - Wed May 27, 7:43PM CDT
CNW Group - CMTX
Wed May 27, 7:43PM CDT
VANCOUVER, May 27, 2020 TSX VENTURE COMPANIES
Investors Flock to Gold in Search of a Safe Haven
- PR Newswire - PRF - Tue May 12, 8:00AM CDT
PR Newswire - PRF - CMTX
Tue May 12, 8:00AM CDT
, /PRNewswire/ -- The actual economic repercussions from the current pandemic and measures taken to combat it are still unclear. Recently, the World Gold Council released important data from its first-quarter 2020 demand trends report, where it indicates that the global outbreak was "the single biggest factor influencing gold demand." That is because gold assets are often considered safe heaven assets in a time of economic or political turmoil. "As the scale of the pandemic - and its potential economic impact - started to emerge, investors sought safe-haven assets," the report said. "Gold ETFs saw the highest quarterly inflows for four years amid global uncertainty and financial market volatility." Even though there is a gradual easing of all the restrictions and businesses are slowly starting to reopen, both the CDC and the WHO are warning that there is a significant danger of a second wave of the virus outbreak. Vizsla Resources Corp. (OTC: VIZSF) (TSX-V: VZLA), New Gold Inc. (NYSE: NGD) (TSX: NGD), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Harmony Gold Mining Company Ltd. (NYSE: HMY), Yamana Gold Inc. (NYSE: AUY) (TSX: YRI) 

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