In less than 18 months from drilling the discovery hole, Rupert Resources (TSXV: RUP) has released its first resource estimate on the Ikkari gold deposit, part of its Rupert Lapland project in northern Finland.The junior explorer says Ikkari has inferred resources of 49 million tonnes grading 2.5 grams gold per tonne for 3.95 million oz. of contained gold. The estimate included open pit and underg...Read More
Horizonte Minerals (TSX: HZM; LSE: HZM) has nailed down US$146.2 million from export credit agencies in Denmark and Finland to partly fund construction of its 100%-owned Araguaia ferro-nickel project in Brazil.The funds guaranteed by Denmark's Export Credit Agency (EKF) and Finnvera, Finland's Export Credit Agency, will be the first tranche of a senior debt facility. (The terms were not disclosed....Read More
"Here we go again," said Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) president and CEO Ron Thiessen in reaction to the news last week that the Biden administration will reconsider pre-emptively vetoing the company's flagship Pebble copper-gold mine in Alaska.It was "unfortunate that politics continues to interfere with scientific evidence," said Thiessen in a September 10 statement."Under Pres...Read More
OceanaGold (TSX: OGC; ASX: OGC) announced today that restart activities at its Didipio gold and copper mine in the Philippines were advancing ahead of plan, and said it expects to have 65% of its total workforce in place by the end of September and about 90% by the end of the year. The operation has been halted for over two years due to a dispute with a provincial government over the company...Read More
Nickel sulphide deposits are currently the most reliable source for the Class 1 nickel products required to produce battery-grade nickel.As the demand for battery-grade nickel steadily climbs with each passing year, the lack of new nickel sulphide discoveries becomes more acute.According to S&P Global, between 1990 and 2019, of the 10 major sulphide discoveries globally, only Vale's Voisey's Bay i...Read More
Canadian miner Alamos Gold (TSX: AGI; NYSE: AGI) may be considered an intermediate company, but it has shown itself to be a growing player in the precious metals' sector, delivering consistently positive results, increased production and consecutive returns to its shareholders.With three operational gold mines in Canada and Mexico, as well as a number of other development projects, Alamos continue...Read More
New Gold (TSX: NGD) has cut production guidance at its Rainy River gold mine in Ontario by about 10% because of lower than expected grades. The gold miner now expects Rainy River to produce 240,000-255,000 gold-equivalent ounces this year, down from 275,000 to 295,000 oz. The company signaled last month that its guidance might be affected when it released second quarter results. The...Read More
The September slump is here, and no one is feeling it more than Elizabeth Holmes.In case she fell off your radar, Holmes is the disgraced former CEO of Theranos, the now-dissolved startup that promised fast and accurate results for more than 200 diagnostic tests using a single drop of blood. Remember, folks, if it sounds too good to be true, it usually is.Theranos grew to a $9 billion valuation an...Read More
"Recall, we've also now seen a run of five consecutive down days for the S&P 500 and Dow, and a run of six down days is something of a rarity," Pepperstone head of research Chris Weston noted this morning.The uranium price continues to climb, sending uranium equities higher.The spot price is US$42.40 per pound, its highest point since 2014.In Toronto, producer Cameco closed 6.79% higher, while...Read More
TSX stocks at large are up almost 55% since March last year. However, despite the rally, few investor-favourite names have been trading weak for a long time. So, does it make sense to bet on these beaten-down names? Are they really worth the risk? Let’s see. Air Canada The flag carrier stock Air Canada (TSX:AC) has been on a notable downtrend and has lost almost 25% since June. Reopening del...Read More
"These reasons include a likely shift to less tight policies in China, an expected seasonal uptick in demand, an easing of lockdowns in China and elsewhere, and ongoing supply constraints for almost everything in mining," analyst Christopher LaFemina said in a note on Friday."Our China team expects a recovery in Chinese economic activity in 4Q on the back of what could be improving credit conditio...Read More
Share this article VANCOUVER - Victoria Gold Corp. [VGCX-TSX] said its flagship Eagle Gold Mine in the Canadian Yukon produced a record 20,744 ounces of gold during the month of August, 2021, marking a 65% increase compared to the same period last year.Victoria Gold shares advanced on the news, rising 5.0% or 76 cents to $16.41 on volume of 115.400. The shares are trading in a 52-week range of...Read More
We spoke with Niel Pretorius, who is the CEO of DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD). DRDGOLD is a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings. The Company extracts gold from the tailings and cleans the site for future sustainable land use. According to Ni?<
From the moment computers were first created, they've been competing for second place. The undisputed king of information processing, the human brain, has been running laps around our most advanced technology for almost a century now. After decades of grueling research conducted by nearly every modern nation on the planet, our fastest computers have almost managed to compete with the human brain....Read More
In Episode 6 of Step Up for Mental Health Training Tips, Jenn Kripki of Inner Strength Fitness and Training discusses the ...Read More
The Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More
The Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More
It may be time to get defensive in the markets right now. Indeed, given where valuations are, cautious investors have few places to hide. Picking undervalued stocks is becoming increasingly difficult, as is creating a defensive portfolio. That said, there are some great defensive picks on the TSX right now. Let’s dive into three of the best options for Canadian investors today. Top defe...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) is down 20% this year in a market where nearly all other stocks have moved higher. Investors are now wondering if this is the right time to add more ABX stock to their portfolios or bail out and look for other opportunities. Gold market Gold trades near US$1,800 per ounce at the time of writing. That’s down 6% on the year and off about 14% from the 2020 high...Read More
EPA will use Clean Water Act to protect the unspoiled Bristol Bay fishery in AlaskaRead full newsRead More