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.
Recommended Read Investors aren't 'stampeding' out of gold because inflation is still a threat - Axel Merk While bond yields are currently trading near a one-year high, gold prices are finding support around their June lows. April gold futures last traded at $1,761.70, down 0.77% on the day. ... Read More »
Canadian gold exploration firm Tarachi Gold has signed a binding letter of agreement to divest its Magistral Project in Durango, Mexico, to mining company Compañia Minera de Atocha SA de CV (Atocha) for approximately $5,700,000.
Recommended Read Colibri Continues Phase 1 Drilling Program at Flagship Evelyn Gold Project Colibri Resource Corporation is pleased to report the re-start of drilling at the Evelyn Gold Project located in the Caborca Gold Belt, northern Sonora. ... Read More »