Granada Gold CEO Frank Basa shared,Read full newsRead More
Xplore Resources Corp. is pleased to announce that Phase 1 2021 eRead full newsRead More
Rockridge Resources CEO Jonathan Wiesblatt shares how the company is advancing its Knife Lake Copper project in Saskatchewan.Read full newsRead More
Golden Independence Mining Corp. is pleased to announce the remaiRead full newsRead More
What happened? The shares of Teck Resources (TSX:TECK.B)(NYSE:TECK) popped by about 10% to above $32.50 per share on Wednesday. This big move in the Canadian mining firm’s stock took its year-to-date gains to nearly 40%. Today’s upward surge in the stock came a couple of days after the company revised its Q3 and 2021 guidance. So what? Teck Resources is a Vancouver-based diversified mi...Read More
Share this article VANCOUVER - Canagold Resources Ltd. [CCM-TSX; CRCUF-OTCUF] reported high-grade gold assays for four more drill holes from the 24,000-metre, 47-hole drill program at its 100%-owned New Polaris gold project in northwestern British Columbia, located 100 km south of Atlin and 60 km northeast of Juneau, Alaska.The focus of the drill program is infill and step-out drilling in the C W...Read More
We spoke with Steve Parsons, CEO of Goldsource Mines Inc. (TSX-V: GXS), a Canadian exploration company, focused on the 100%-owned, Eagle Mountain Gold Project, in Guyana, South America. The Eagle Mountain Gold Project has a mineral resource estimate of 848,000 oz, in Indicated, and 868,000 oz, in Inferred categories, shallow mineralization (surface to 80 meters), allowing for low-strip, open-pit p...Read More
Nearly a year ago to the day, I told my readers that we could easily see crude oil prices climb to $85 per barrel in 2021.In fact, had a few other catalysts triggered this year, a run into triple digits certainly wouldn't have been out of the question.For us, it was impossible NOT to be bullish on oil this year. Remember, we saw WTI prices actually turn negative last year as the world braced for...Read More
Analysts at CIBC, Canaccord Genuity, Raymond James and BMO Capital Markets raised their target prices on Teck Resources (TSX: TECK.A/B; NYSE: TECK) following the diversified miner's September 21 Investor Day, during which the company highlighted the growth of its copper pipeline and its massive Quebrada Blanca (QB) 2 project in Chile.The company confirmed first production at QB2 is expected in the...Read More
Ridgeline Minerals (TSXV: RDG; US-OTC: RDGMF) has executed an earn-in agreement on its 75 sq. km Swift gold property in Nevada with Nevada Gold Mines (NGM), a joint venture between Barrick Gold (TSX: ABX; NYSE: GOLD) and Newmont (TSX: NGT; NYSE: NEM). Under the deal, NGM may acquire an initial 60% interest in the project for a minimum of US$20 million (of which US$4 million is guaranteed) in qual...Read More
The Bank of America's global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of US$165 per tonne) on the back of enforced steel production cuts in China. Beijing's restrictions on steel output are driven by its goal of driving down emissions.For this year BofA has cut its price forecast by 16.6% to US$157 per tonne...Read More
China's president Xi Jinping has pledged to stop backing new coal power plants overseas a move that would cut off a key source of financing for projects involving the dirty fossil fuel."China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad," Xi told the United Nations General Assembly. While...Read More
Physical gold bullion is a great hedge for investors seeking protection from dollar-based investments, especially in times of falling stock prices.Bullion coins and bars are relatively affordable, liquid, anonymous, and easy to secure.But in today's highly competitive retail market, there are several costly mistakes investors can make when buying gold bullion.Mistake No. 1: Buying Collectible (Or...Read More
(Kitco News) - The gold market is holding on to gains and just down from session highs even as construction in the U.S. housing sector picked up in August.Read full newsRead More
Gold mining stocks are under strong pressure.Read full newsRead More
Oversold Canadian stocks and the 52-week low list are a great place to check if you’re in the markets for a deep-value bargain. Undoubtedly, the names that exhibit recent weakness are not necessarily undervalued or overdue for a correction to the upside. There are many value traps out there that may actually have more baggage than is priced in at current levels. As such, investors should not...Read More
Founded by Adriatic co-founder Milos Bosnjakovic, with early backing from RFC Ambrian associates Quadratura Investments, Lykos is looking to raise A$10-12 million at 20c to fund a program that willRead More
As I write this, the Dow 30 is down 775 points, or 2.24%. Gold is up a tad and the equity market is a sea of red. Anything associated with China is getting whacked. Those who believe in the random market theory, including those who shill mutual funds, would say you can't predict the market. But if that were true, why did all the principles at the Federal Reserve sell two weeks ago?Our own Sean...Read More
The Mining Association of Canada (MAC) has welcomed the Liberal Party of Canada's federal election victory, giving prime minister-designate Justin Trudeau another term in office.The Liberal platform included measures to position Canada's mining industry to maximize emerging opportunities in critical minerals and battery electric vehicles and markets.The proposed doubling of the Mineral Exploration...Read More
A new collaboration between Curtin University and The Australian National University (ANU) aims at helping Australian miners better identify, characterize and extract critical minerals to ensure the long-term viability of the domestic minerals industry.The two universities will combine their expertise and research to assist the industry with ore body characterization, education and training.The jo...Read More