Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Comparing the Carbon Footprint of Gold and Bitcoin…
It would seem counterintuitive that an electronic medium of exchange could generate more carbon emissions than mining. But at 17MJ (megajoules) of energy per $1 generated for bitcoin, gold’s modest 5MJ per $1 generated shows that metals are not always the villain in the coming carbon wars.
Some really interesting scientific research has come out about the origins of gold. According to a few of those scientists, it can be traced back to a star collision. Live Science said, "In a new study published May 1 in the journal Nature, the duo analyzed the remnants of radioactive isotopes, or versions of molecules with […]
Minera Alamos has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in Zacatecas state, Mexico. Using a gold price of $1,600/oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.
Fortuna and Roxgold merge to create a larger footprint to move forward. The new entity is expected to leverage their size and current rising prices into new development and exploration for gold and silver. Recommended Read Fortuna and Roxgold complete combination to create a global premier growth-oriented intermediate gold and silver producer Fortuna and Roxgold merge to […]
