Gold

Opus One Gold Corp is a mining exploration company, which focuses on discovering gold deposits in the Abitibi Greenstone Belt located in North-West Quebec. The project portfolio includes Noyell-Vezza, Chibougamau, Northern Abitibi, and Courville among others.

Recent News

Company News

GCM Mining Announces First Quarter 2022 Results

GCM Mining Corp. announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis for the three months ended March 31, 2022. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “ NG ”. For a detailed ...

GCM Mining Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management's discussion and analysis (MD&A) for the three months ended March 31, 2022. All financial figures contained herein are expressed in U.S. dollars ("USD") unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with " NG ". For a detailed description of each of the non-GAAP measures used in this press release and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Company's MD&A.

Lombardo Paredes, Chief Executive Officer of GCM Mining, commenting on the first quarter results, said, "We have started off 2022 on a positive note, meeting our expectations for production, costs and cash flow in the first quarter. We are on track to once again meet our annual production guidance for 2022. Following the favorable Mineral Reserve and Resource update at Segovia that we announced in March, our exploration and mine geology teams have continued to execute the ongoing drilling campaigns at our four producing mines and the brownfield areas in our mining title. At our Toroparu Project in Guyana, we are advancing the infill drilling and the pre-construction activities. We are also completing the competitive bid process for the contract miner and selection processes for the power plant contractor and main civil works contractor are getting underway. We are on track to finalize the prefeasibility study in the third quarter of 2022, at which point formal construction of the project is expected to commence. The Company is also working with the local governmental agencies to finalize the mining license which is expected to be received in mid-2022."

News Provided by GlobeNewswire via QuoteMedia

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CMX Gold & Silver CEO Jan Alston: Rediscovering a High-grade Silver Mine in Idaho

CMX Gold & Silver CEO Jan Alston said, “We're rediscovering a high-grade silver mine — Clayton was relatively high grade and one of the biggest silver mines in Custer County, Idaho.”

CMX Gold & Silver CEO Jan Alston: Rediscovering a High Grade Silver Mine in Idahoyoutu.be

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Kinross announces Annual Shareholder Meeting voting results

Kinross Gold Corporation has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual Meeting of Shareholders on May 11, 2022. The nominees listed in the Management Information Circular dated March 15, 2022 were elected as directors of Kinross at the meeting . Board of Directors voting results Voting results on the other items of business at ...

Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company's virtual Annual Meeting of Shareholders on May 11, 2022.

The nominees listed in the Management Information Circular dated March 15, 2022 were elected as directors of Kinross at the meeting (see detailed voting results below).

News Provided by GlobeNewswire via QuoteMedia

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VIDEO — Frank Holmes: Gold Advice as Price Falls — Buy the Dip and HODL

"Buy the dip and hold on for dear life, as the crypto kids say — HODL," said Frank Holmes of US Global Investors.

Frank Holmes: Gold Advice as Price Falls — Buy the Dip and HODLyoutu.be

The gold price has tumbled since last week's US Federal Reserve meeting, which saw the central bank raise rates by 50 basis points for the first time since 2000 in an effort to combat inflation.

Speaking to the Investing News Network, Frank Holmes, CEO and chief investment officer at US Global Investors (NASDAQ:GROW), pointed out that the yellow metal's decline is a buying opportunity.

"Buy the dip and hold on for dear life, as the crypto kids say — HODL," he said. HODL is a term that originated in the cryptocurrency community, although it’s since gained mainstream usage through popular memes.

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