Precious metals

Gold Prices Edge Higher as the Economic Recovery Remains Uncertain

Retrieved on: 
Thursday, March 25, 2021

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.

Key Points: 
  • 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.
  • Exploits defined two high priority targets at the Jonathan's Pond Gold Project JP Vein, and a 2-kilometre long demagnetized fault zone.
  • This target is located 1.3 km from the highly elevated, historic gold in till samples (New Found Gold Corp., 2017).

Gold Prices Edge Higher as the Economic Recovery Remains Uncertain

Retrieved on: 
Thursday, March 25, 2021

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.

Key Points: 
  • 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.
  • Exploits defined two high priority targets at the Jonathan's Pond Gold Project JP Vein, and a 2-kilometre long demagnetized fault zone.
  • This target is located 1.3 km from the highly elevated, historic gold in till samples (New Found Gold Corp., 2017).

Sunstock Inc. Achieves Debt-Free Status to Strengthen Capital Position and Growth Opportunities

Retrieved on: 
Thursday, March 25, 2021

We have remained steadfast in our commitment to improve Sunstocks capital structure and balance sheet, stated Chang.

Key Points: 
  • We have remained steadfast in our commitment to improve Sunstocks capital structure and balance sheet, stated Chang.
  • Sunstock, Inc. (OTC PINK: SSOK) is involved in the distribution of precious metals, primarily gold.
  • The Company pursues a ground to coin strategy, whereby uses its wholesale and retail channels to sell these precious metals primarily through their own branded coins.
  • Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements.

Benchmark Drills 38.05 Metres at 5.80 g/t Gold Equivalent at Cliff Creek South

Retrieved on: 
Wednesday, March 24, 2021

* Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.

Key Points: 
  • * Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
  • The target has not been evaluated for reasonable prospects for future economic extraction as metallurgical work and drilling are planned and ongoing.
  • Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au).
  • Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

Matthew Ardizzone Joins Atomyze as Managing Director, Sales and Business Development

Retrieved on: 
Tuesday, March 23, 2021

GREENWICH, Conn., March 23, 2021 /PRNewswire/ -- Atomyze LLC, (Atomyze), the U.S. branch of a global fintech platform that will digitize and modernize markets for commodities and physical assets, today announced Matthew Ardizzone has joined as its Managing Director, Sales and Business Development.

Key Points: 
  • GREENWICH, Conn., March 23, 2021 /PRNewswire/ -- Atomyze LLC, (Atomyze), the U.S. branch of a global fintech platform that will digitize and modernize markets for commodities and physical assets, today announced Matthew Ardizzone has joined as its Managing Director, Sales and Business Development.
  • In his role Ardizzone will lead global sales and business development for Atomyze LLC initially focusing on building out and expanding the company's strategic relationships with major global institutional partners.
  • Atomyze will continue to execute its technology roadmap and product offering and will launch its first digitized token in 2021.
  • Atomyze was founded by a group of international investors including Global Palladium Fund, which is solely owned by MMC Norilsk Nickel.

A-Mark Closes Previously Announced Acquisition of Retailer JM Bullion

Retrieved on: 
Friday, March 19, 2021

EL SEGUNDO, Calif., March 19, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed its previously announced acquisition of the 79.5% of the issued and outstanding shares of JM Bullion, Inc. (JMB) , a leading e-commerce retailer of precious metals, not previously owned by A-Mark.

Key Points: 
  • EL SEGUNDO, Calif., March 19, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed its previously announced acquisition of the 79.5% of the issued and outstanding shares of JM Bullion, Inc. (JMB) , a leading e-commerce retailer of precious metals, not previously owned by A-Mark.
  • Davidson & Co. acted as financial advisor to A-Mark and Kramer Levin Naftalis & Frankel LLP acted as legal advisor to A-Mark.
  • In connection with the acquisition, JMB CEO and Co-Founder Michael Wittmeyer and Chairman Kendall Saville joined A-Marks board of directors.
  • JM Bullion is a leading online retailer of precious metals, headquartered inDallas, Texas.

Gold Prices Hold Steady Amidst Burgeoning Manufacturing Activity

Retrieved on: 
Friday, March 19, 2021

NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.

Key Points: 
  • NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.
  • The index for current manufacturing activity in the region jumped from a reading of 23.1 in February to 51.8 this month, its highest point in nearly 50 years.
  • While positive for the gold market, the increased manufacturing activity is also coming with higher prices, indicating further inflation pressures.
  • The True Grit Project is host to the deep seated GRUB Line fault zone, a known conduit for gold mineralization and gold bearing fluids across the Exploits subzone.

Gold Prices Hold Steady Amidst Burgeoning Manufacturing Activity

Retrieved on: 
Friday, March 19, 2021

NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.

Key Points: 
  • NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.
  • The index for current manufacturing activity in the region jumped from a reading of 23.1 in February to 51.8 this month, its highest point in nearly 50 years.
  • While positive for the gold market, the increased manufacturing activity is also coming with higher prices, indicating further inflation pressures.
  • The True Grit Project is host to the deep seated GRUB Line fault zone, a known conduit for gold mineralization and gold bearing fluids across the Exploits subzone.

Sunstock Inc. Announces Plans to Expand its Retail Presence to the East Coast

Retrieved on: 
Friday, March 19, 2021

SACRAMENTO, Calif., March 19, 2021 (GLOBE NEWSWIRE) -- Sunstock Inc. (OTC: SSOK), involvedin the buying, selling and distribution of precious metals, today announces its plans to open a second, larger storefront located on the East Coast.

Key Points: 
  • SACRAMENTO, Calif., March 19, 2021 (GLOBE NEWSWIRE) -- Sunstock Inc. (OTC: SSOK), involvedin the buying, selling and distribution of precious metals, today announces its plans to open a second, larger storefront located on the East Coast.
  • The Companys current store in Sacramento, Moms Silver Shop, sells gold, silver and rare coins to customers and investors.
  • In exploring a new storefront, Sunstock has decided to relocate its headquarters to a region with strong demand but a more favorable sales tax than California.
  • We always operate from a how-do-we-grow-from-here perspective when exploring options best suited for our industry, company and shareholders, stated Sunstock CEO Jason Chang.

Johnson Matthey and Sibanye-Stillwater form a strategic partnership to secure critical metals and accelerate new technologies for a low carbon future

Retrieved on: 
Friday, March 19, 2021

Global leader in sustainable technologies Johnson Matthey and leading international precious metals mining group Sibanye-Stillwater, form a strategic partnership.

Key Points: 
  • Global leader in sustainable technologies Johnson Matthey and leading international precious metals mining group Sibanye-Stillwater, form a strategic partnership.
  • Collaboration will support development of science and technologies for new products and markets which will underpin sustainable supply chains for a low carbon future, including clean hydrogen production and fuel cells.
  • Partnership will drive circularity and reduce carbon footprints in critical metal supply chains for customers across many global industries.
  • Pgms, due to their unique properties, play a vital role in low carbon technologies that will enable the path to net zero targets globally.