The S&P/TSX Venture Composite Index rose 1.59 points or 0.17% to finish the October 25-29 trading week at 950.43. Spot gold climbed US$8.50 per oz. or 0.47% to US$1,784.30 per ounce.Los Andes Copper topped the charts, jumping $1.33 to $10.20 per share. The company announced the appointment of R. Michael Jones as its news president and CEO. The current president and CEO, Antony Amberg, will step do...Read More
Ganfeng Lithium, China's No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years starting in 2022.The world's top lithium miner by market capitalization did not provide details on price or volumes agreed in the deal, but said that information would be determined by Tesla's purchase...Read More
Operations at Peru's Antamina copper and zinc mine, jointly owned by Glencore (LSE: GLEN), BHP (NYSE: BHP; LES: BHP; ASX: BHP), Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) and Mitsubishi, were suspended on October 31 due to an ongoing roadblock set up by local residents who believe the mine has not lived up to its commitments to support local communities."We don't want to wait until something...Read More
Copper production in Chile, the world's top copper producer, registered in September its worst month for copper since February on the back of labour disruptions and falling ore grades at the country's aging mines.The country's output dropped 6.9% year-on-year in September to 451,128 tonnes and 3.4% from August, government statistics agency INE said on October 29.Soaring copper prices this year ha...Read More
Canadian explorer Green Battery Minerals (TSXV: GEM; US-OTC: GBMIF) is focused on advancing its flagship Berkwood graphite project in northern Quebec, about 285 km north of Baie-Comeau.Graphite is a critical mineral that makes up most of the anode in the lithium-ion batteries used in electric vehicles and energy storage technologies."With electric vehicle demand set to soar over the next several...Read More
It's 1890 in Baltimore, Maryland, and Charles Kennard looks around at his failing fertilizer business at 220 South Charles Street.He needs to make a product that capitalizes on people's fears, emotions, and desires... one that's not tied to the cyclical nature of farming.So he gathers four investors for the purpose of building a company that would exclusively manufacture and market one such produc...Read More
Ordinary investors need to know that these are not ordinary times. It's time to review your risk tolerance. Ken Norquay asks: Are you satisfied with the profits you have just made?Ken Norquay says: "It's time to review your tolerance for risk."I knew I'd find one sooner or later! I knew I would find an ordinary investor whose instinct and understanding of the stock market are right on. Most ordina...Read More
The S&P 500 touched 4,608.08 on Friday before closing up 0.2% to 4,605.38.However base metals could be under more pressure today after the latest factory data out of China on Sunday showed a further contraction.The purchasing managers' index (PMI) for the country's manufacturing sector came in at 49.2 in October, down from 49.6 in September and below analysts' expectations.Factors being pointe...Read More
Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce further to the recently closed acquisition of the Middle Tennessee Mine ("MTM") royalty acquired via special purpose vehicle ("SPV") Sprott Resource Streaming and Royalty Corp., or "Sprott Streaming", 75% and Electric Royalties 25%, that the SPV has received its first royalty payment. The SPV will m...Read More
Companies focus on reducing debt and rewarding shareholders amid growing pressure over fossil fuelsRead full newsRead More
impact Minerals Limited (ASX:IPT) is pleased to announce the company's September 2021 Quarterly Report.1. COMMONWEALTH Cu-Au PROJECT, NSW (IPT100%) A large halo of copper and associated altered rocks covering a 1,000 metre by 1,000 metre by 350 metre deep area identified at Apsley.Up to nearly 250 m...Read full newsRead More
Nomad will make up-front cash payments of $95 million for 5.938% of gold production attributed to Orion's 40% interest in the mine until 120,333 ounces have been delivered, and 3.958% thereafter.Read More
Share this article CALGARY - Alpha Exploration Ltd.(TSXV: ALEX) reported that further to notice received from the TSX Venture Exchange, its ordinary shares will begin trading on the TSX-V under the symbol 'ALEX ' at market open on November 1, 2021.In addition, holders of Alpha's ordinary shares and preferred shares have each approved a special resolution to amend Alpha's memorandum and articles o...Read More
One of Warren Buffett's most famous investment sayings is "Be fearful when others are greedy. Be greedy when others are fearful."And the proof is in the pudding. Based on this simple idea, the Oracle of Omaha has amassed a net worth of over $105 billion.You don't have to like him. And you may think the near-mythical stories of him still driving a beat-up Volvo, ordering McDonald's every morning,...Read More
The hunt for gold has truly heated up in La Belle Province, but that doesn't mean there aren't excellent opportunities for copper, too.AMEX EXPLORATIONOutside the core shack at Amex Exploration's Perron project. Credit: Amex Exploration.Amex Exploration (TSXV: AMX; US-OTC: AMXEF) owns the Perron gold project about 110 km north of Rouyn-Noranda in Quebec, near the town of Normetal. The high-grade d...Read More
Copper production in Chile, the world's top copper producer, registered in September its worst month for copper since February on the back of labour disruptions and falling ore grades at the country's aging mines.The country's output dropped 6.9% year-on-year in September to 451,128 tonnes and 3.4% from August, government statistics agency INE said.Soaring copper prices this year have handed unio...Read More
Anglo American (LSE: AAL) aims to halve its indirect greenhouse gases, known as Scope 3 emissions, by 2040 while it continues to boost the use of renewable energy across its operations, particularly in South America.The company vowed two years ago to meet power requirements of its copper operations in Chile with renewables by 2021. It also said it expected to have its iron ore and nickel operati...Read More
Researchers at Australia's Curtin University have identified an electrocatalyst that, with added nickel and cobalt, makes green hydrogen from water in a cheaper and more efficient way compared to traditional methods.Green hydrogen is a zero-carbon fuel made by electrolysis using renewable power to split water into hydrogen and oxygen.Typically, scientists have been using precious metal catalysts,...Read More
We spoke with Stuart Harshaw, CEO of Nickel Creek Platinum Corp. (TSX: NCP): a Canadian mining exploration and development Company, focused on advancing its 100%-owned Nickel Sh??w Project, located in the Yukon, towards becoming Canada's next world-class nickel sulphide mine. The Nickel Sh??w Project is a large, undeveloped, nickel sulphide project, in one of the most favorable jurisdictions in th...Read More
I don't know if you saw it or not, but over the summer China conducted a pair of hypersonic weapons tests that reportedly left Department of Defense officials "stunned."General Mark Milley, the chairman of the Joint Chiefs of Staff, called it a "Sputnik moment."Of course, none of this came as a surprise to me, or my readers, because I've been talking about hypersonic weapons for years. I even wrot...Read More