Sarama-Acacia Deal Brings Gold Positivity Back to Burkina Faso

Sarama-Acacia Deal Brings Gold Positivity Back to Burkina Faso

Gold – West Africa-focused Sarama Resources livened up a slow Thanksgiving news day with the announcement that it has entered into an agreement that gives Acacia Mining — known as African Barrick Gold until just recently — the right to earn a significant interest in its South Hounde project, located in Burkina Faso.

Read More Feature Articles

 

Videos

WealthTerra Capital Management: Understanding the Exempt Market

The stock market is a familiar place for investors, but what is the exempt market? In this video, Nadine Wellwood, president of WealthTerra Capital Management, answers that question and explains how her firm helps investors navigate that arena.

Why Stria Lithium’s Latest Metallurgical Results Are So Important

Lithium – Stria Lithium's president and CEO, Julien Davy, discusses the significance of recent metallurgical test results for the company. The results confirm that Stria can use lithium mineralization from its Pontax lithium project as feedstock for its new pilot plant.

Company News

Uracan Resources Closes Private Placement, Raising $1.46 Million

Uranium – Uracan Resources (TSXV:URC) announced it had closed a private placement of roughly 14.6 million flow through units for $876,200, 2.05 million non flow through units for $102,852 and 9.69 million non-flow through units for $484,500. The proceeds will be used to incur eligible Canadian exploration expenses and the non-flow through unit proceeds will be used for general working capital.

Sarama Resources Enters Earn-In Agreement With Acacia Mining

Gold – Sarama Resources (TSXV:SWA) has entered an earn-in agreement on its South Houndé Project in Burkina Faso with Acacia Mining (FWB:33A), formerly known as African Barrick Gold. Acacia will be able to earn up to a 70 percent interest in the project over a four year earn-in period, and may earn a further 5 percent interest on declaration of a minimum mineral reserve at South Houndé.

North River Completes Definitive Feasibility Study for Namib Mine

Zinc – North River Resources plc (LSE:NRRP) completed a definitive feasibility study for its Namibia-based Namib lead-zinc-silver mine, commenting that it points to a "[r]obust economic model" and a strong internal rate of return at consensus metals prices.

Read More Company News

Company Videos

Kivalliq Energy CEO: Building Value in Current Market Conditions

Uranium – Kivalliq Energy (TSXV:KIV) CEO Jim Paterson talks about how Kivalliq is building value in a difficult market, and news catalysts that investors should watch out for. Mr. Paterson encourages investors in the uranium space, that in the current market, “right now, choices are limited, and secondly, they are all undervalued… they are all on sale.”

Endeavour Silver: CEO Brad Cooke Says, “Be Patient”

Silver – Brad Cooke, founder and CEO of Mexico-focused silver and gold miner Endeavour Silver, told Silver Investing News, "if anybody's afraid of the current downdraft in the metal prices, just be patient."

Swissmetal: Next Few Years to Bring Silver Price Rise

Silver – Discussing silver, Knut Anderson, general manager of Swissmetal, said, "I think the prices will go up. I think by the end of this year we’re probably going to see $20 to low $20s. I think by next year maybe high $20s, low $30s."

Market News

Expect Quiet Silver Trade Over Thanksgiving

Silver – iNVEZZ.com reported that silver is down for the second session in a row. With the US markets closed for the Thanksgiving holiday, trading today is unlikely to prove exciting.

French Presidential Candidate Wants Gold Repatriated

Gold – Kitco News reported that Marine Le Pen, leader of France's Front National party and potentially the country's new president, has requested that France's gold holdings be repatriated.

Read More Market News

Authors

See all Authors