Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although the Federal Reserve announced a 75-basis point rate hike on July 27, markets reacted positively as the central bank signalled future increases could be more tempered, depending on economic conditions. Shares in Nexa Re...Read More
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to 92.64; and the S&P/TSX Global Base Metals Index added 10.78 points or 7.4%. The S&P/TSX Global Gold Index also turned positive, rising 12.86 points or 5.7% to 238.62, while spot gold advanced US$34.5 or 2% to end the week at...Read More
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly prospective segment of the Appleton fault zone (AFZ) immediately north of the high-grade Keats zone at its Queensway project in Newfoundland.AFZ is one of two prominent north-east trending faults that are interpreted to be the primary fluid conduits for g...Read More
Gold Field's (NYSE: GFI; JSE: GFI) intended acquisition of Canada's Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its shareholders are starting to understand the strategy.Speaking after his second international roadshow to turn deal detractors around, Gold Fields chief executive Chris Griffith said some of the company's investors are...Read More
The S&P/TSX Venture Composite Index gained 38.07 points or 6.26% over the July 25-29 trading session to end the week at 646.04. Battery metals companies were the top gainers in value in the trading week, with Sigma Lithium shares gaining $3.10, or 15.9%, to $22.55 apiece. According to Trading Economics data, lithium carbonate prices in China rose slightly to 476,500 yuan ($90,735.04) per tonne at...Read More
We spoke with Peter Espig, President, and CEO of Nicola Mining Inc. (TSX.V: NIM, FSE: HLI), a junior mining company, with three 100% owned, diversified core assets, all located together, in southern British Columbia. The Company's New Craigmont Copper Project is a high-grade, skarn copper, adjacent to Highland Valley Copper, Canada's largest copper mine. The property contains the historic Craigmon...Read More
Thanks to this 4,000-year-old bundle of knotted string, scientists have managed to create a new dimension in time. The tech industry has officially crossed into the realm of science fiction.It's called a quipu, and no self-respecting early Incan statesman would be caught without one. By following a sophisticated language of knots, users as far back as 2500 BCE were able to encode a wide range of n...Read More
Visit our website to learn more. www.eskaymining.com.Read More
The Red Dog Mine in Northwest Alaska provides dividends and scholarships to NANA shareholders as well as high-paying jobs ...Read More
Red Dog contributes $4-8 million annually to the Village Improvement Fund (VIF), which is overseen by community elected ...Read More
Benchmark Metals Inc. is a mineral exploration company focused on proving and developing the substantial resource potential of ...Read More
Mike Spreadborough, Executive Co-Chairman and Acting CEO of Novo Resources (TSX:NVO - OTCQX:NSRPF) presents at the ...Read More
Results of up to 1.91% Li2O just 4km from Pilbara Minerals' Pilgangoora lithium-tantalum mine; Drilling being planned for SeptemberRead full newsRead More
Share this article VANCOUVER - Pasofino Gold Limited [VEIN-TSXV; EFRGF-OTCQB; N07-FSE] has filed the Feasibility Study in respect of the Dugbe Gold Project in Liberia. Further, the company is pleased to announce that Hummingbird Resources Plc has confirmed that the option exercise conditions have been satisfied such that the company may within 120 days from the date of this press release delive...Read More
The U.S. and the EU have already launched their most powerful nonlethal attacks at Russia. Unforgiving sanctions have crippled the economy, no matter what Moscow's propaganda machine claims. Iikka Korhonen, head of the Bank of Finland Institute for Emerging Economies (BOFIT), translated some startling reports directly from Rosstat, Russia's federal statistics service.A few of Russia's most profit...Read More
Australia and Canada share a rich and storied mining tradition. Both are home to vast mineral resources, abundant infrastructure, effective regulatory regimes, and supportive legislation, and are considered tier-one mining jurisdictions. Here are eight Australian companies operating in Canada. 92ENERGY Examining drill core at 92Energy's Gemini project in Saskatchewan's Athabasca Basin. Credit: 9...Read More
TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are?EUR?ranked by gold grade x width, as our sister company?EUR?Mining Intelligence?EUR?identifies. This week's top intercept comes from Barrick Resources (TSX: ABX; NYSE: GOLD) and NovaGold Resources' (TSX: NG; NYSE: NG) equally owned Donlin project northwest of Anchorage, Alaska. Through their Donlin...Read More
Well, it's official...The U.S. is in a recession.Hate to say I told you so.But what is a recession, anyway?Here's the official definition from the dictionary before it gets rewritten: two consecutive quarters of negative GDP growth.Don't let anyone tell you otherwise.But for some reason, the White House refuses to admit we're in a recession, even though that's what the data told us...Read More