In an increasingly uncertain market environment as a result of the Fed communicating their intentions for more rate hikes, and ever stronger signals of a looming recession, Omai Gold Mines (TSX-V:OMG) continues to explore for more …

          Omai Gold Mines Corp. (TSX-V: OMG) (OTCQB: OMGGF) announces additional outstanding drill results from the Company’s Omai gold project in Guyana. Diamond drilling has focused on exploration targets and on demonstrating the significant expansion potential …

        Although the Federal Reserve raised interest rates 50 base points as anticipated, markets didn’t really like the near term outlook of Powell, as they hoped for a more dovish stance on inflation and economic developments. This …

      With gold slightly recovering from its US$1700/oz lows, as it trades at US$1782/oz at the time of writing, it seems traders liked to see the Federal Reserve backing down from a very aggressive rate hike policy, as …

        Although the US Dollar index recently broke through levels not seen since 2003, indicating great strength, caused by already announced and anticipated Fed rate hikes to counter the multi-decade high inflation levels, gold is still trading …

Introduction   Recently I used the proverb “in order to find a new mine, look in the shadow of the headframe of an old or existing mine”. However, there is not even the need to even find a new mine …