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.
It was a tough couple of weekd for UAE as gold prices dropped Dh6.50 per gram in 2 weeks. As of Wednesday morning, 24K was already retailing at Dh156 per gram, down by a whopping Dh6.50 from two weeks ago, when prices soared to Dh162.50 per gram. Today’s buyers will also get to spend less on other […]
The Golden Minerals Company is aggressively pursuing additional drill holes at its Rodeo Project in Durango State, Mexico. Based upon the success of the previous drilling, the open-pit project hopes to continue increasing high-grade yields. Recommended Read Golden Minerals Commences Reverse Circulation Drill Program; Drills 13.9m Grading 2.9 g/t Au at Rodeo Gold-Silver Mine The Golden […]
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.
