Speaking ahead of the global market turmoil seen on August 5, Will Rhind, CEO of GraniteShares, weighed in on the health of the US economy, saying that “jittery data” has started to spark fear for investors. Coupled with rising tensions in the Middle East, that’s creating a positive environment for gold. “Maybe it’s too soon...
Tag: investing news
Positive Phase 2a Fibromyalgia Results Deliver Pain Reduction in 100% of Patients, Strengthening IP Position and Clinical Trial Strategy
The trial was designed to evaluate TRP-8802 (oral psilocybin) in conjunction with psychotherapy in patients with fibromyalgia, a condition associated with widespread pain and comorbidities that significantly impact daily living and patient well-being. The trial was undertaken by the UOM, a top-ranked public university in the US in collaboration with Tryp. Results highlighted that 100%...
TEM | Yalgoo Update – Remorse Site Works Commenced
Key Points Yalgoo Project Remorse Target Drilling TEM have previously announced its plans to conduct a circa 5,000m Reverse Circulation (RC) drilling program at the exciting Copper focussed Remorse Target 1 which is part of the Company’s flagship Yalgoo Project. Works have been significantly delayed due to unforeseen weather and flooding onsite 2 which have...
Further Drilling Success at Rushworth Gold Project Validates Exploration Model & Strategy
Results continue to highlight the prospectivity of the Historic Rushworth Goldfield. The ongoing success of the drilling validates our mineral systems model and supports the company’s ongoing exploration strategy across a field showing very shallow historic development and very limited previous deeper drill testing. Highlights include: Chairman, James Chirnside commented: “Dart’s drilling activities at Rushworth...
Flynn Gold
Flynn Gold’s large, high-grade gold footprint in Tasmania provides a compelling investor proposition that leverages a continuing gold bull market. Flynn Gold’s exploration at its Golden Ridge project has focused on an 9-kilometre-long granodiorite-metasediment contact zone with diamond drilling programs completed at the Brilliant and Trafalgar prospects, with multiple high-grade gold vein intersections. The company...
5 Top Weekly TSXV Stocks: Gold Stocks Lead the Way as Turmoil Rocks Markets
Welcome to the Investing News Network’s weekly look at the best-performing junior mining stocks on the TSX Venture Exchange, starting with a round-up of Canadian and US market data impacting the resource sector. Losses mainly occurred in the private sector, with wholesale and retail trade shedding 44,000 jobs. The declines were offset by gains in...
American Rare Earths Forges a New Path to Accelerate Development of Key Wyoming Asset
Highlights WRI will focus on development of the Cowboy State Mine on a portion of the Halleck Creek Wyoming State Tenements. With the recent energy fund grant from the State of Wyoming and pathway to permitting, WRI is positioned to accelerate development of one of the largest rare earth deposits in North America. The Project...
Restart of Mount Boppy Gold Mine – Execution Update
Highlights Dennis Karp, Manuka’s Executive Chairman, commented: “The execution of our plan to restart gold operations at Mt Boppy is well underway. The opportunistic purchasing of selected second-hand processing equipment is consistent with our low capex strategy that includes the leveraging and repurposing of existing assets including the Wonawinta 400kW ball mill, diesel generators, 48-man...
Top Stories This Week: Gold Reacts to Market Chaos, Yen Carry Trade Unwind Not Over Yet
The gold price dropped significantly on Monday (August 5) as global markets faced volatility, sinking as low as the US$2,375 per ounce mark after closing the previous week around US$2,440. The central bank also left the door open to further increases in 2024, depending on economic conditions. Japan’s years of near-zero rates have made it...
Mining Lease Lodged for the Lake Hope High Purity Alumina Project, WA.
The approvals process, together with the logistics and estimated costs of mining and transporting the Lake Hope mud to the process plant, form one of the four key parts of a Pre-Feasibility Study (PFS) on Lake Hope, which is in progress (Figure 3 and ASX Release July 10th, 2024). Impact can take an 80% interest...