Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and Sumitomo Corp. announced today that they will jointly study the construction of a hydrogen pilot plant at Rio Tinto's Yarwun alumina refinery in Gladstone, Australia. Sumitomo had been carrying out studies already into building a hydrogen plant, but hadn't chosen a location. Rio Tinto, in turn, recently started a feasibility study into replacing na...Read More
NV Gold Corporation The Company announced today an update on itsRead full newsRead More
The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More
The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More
Edgemont Gold Corp. is pleased to announce that field crews and dRead full newsRead More
After Saigon fell, so did gold. Is history about to repeat after the surrender of the Afghanistan government to the Taliban? Meanwhile, a Canadian DeFi revolution may be just around the corner.Gold initially fell after the American defeat in VietnamWe also update our view on oil & gas stocks in this week's Insights. Read More
Andrew Forrest has long signaled he's interested in battery metals and has expressed ambitions to get into the business for years.Read full newsRead More
Israeli ocean carrier ZIM blew away all the analyst forecasts Wednesday, posting blockbuster earnings for its second quarter and revealing a massive increase in its full-year guidance. ZIM (NYSE: ZIM) has moved fast to squeeze the most short-term gain out of what CEO Eli Glickman described asRead full newsRead More
The spot price of gold rose above the US$1,800/ounce mark during today’s trading session. In February 2020, I’d discussed why the COVID-19 pandemic had the potential to spur a run for the yellow metal. Indeed, gold would rise above a record US$2,000/ounce by the middle of the summer. However, that momentum would wane in the face of rebounding stocks and a major resurgence for the crypt...Read More
Those worried about high valuations and the potential for a big market correction certainly have reason to look at hedges. Indeed, finding a specific ETF or gold miner can be quite a daunting task. Indeed, the TSX happens to have a large number of options to choose from in this regard.However, one specific gold miner I’ve had my eye on for some time has been Barrick Gold (TSX:ABX)(NYSE:...Read More
The idea that a market pullback (significant or otherwise) has been around for some time. It’s been a while since we’ve had a full-on market crash, so investors may rightly expect one sooner than later.However, the catalysts underpinning this recent valuation expansion in equities may not be over. Investors betting on continued easy money policies and a growing economy have a lot to li...Read More
KEFI said it had assembled a funding package of US$356 million, which should cover infrastructure, start-up of the open pit and initial work on the underground development. The company previously Read More
The latest 22 holes at VC-07 East hit multiple broad intersections of massive, semi-massive, matrix and heavily disseminated nickel-copper sulphides. The widest hit was 46.Read More
Radius Gold Inc. (TSXV: RDU) is a gold and silver exploration Company, with a portfolio of compelling projects, located in Mexico, and Guatemala. Radius utilizes partnerships, where appropriate, to retain our Company's strong treasury. We learned from Bruce Smith, President and CEO of Radius Gold, that they are currently drilling at two projects, Holly in Guatemala, in joint venture, with Volcanic...Read More
Apple has been on a chart-topping hot streak for more than a decade now. Sure, there were a few embarrassing years in the 1990s when the company narrowly dodged bankruptcy, but it turned out to be the proverbial fire from which a newer, stronger Apple was forged. Steve Jobs was the company's visionary co-founder and leader until his death in 2011. Under his reign, nearly all of the most iconic A...Read More
The recently released June-quarter financial results from Triple Flag Precious Metals (TSX: TFPM) aptly encapsulates the vision founder and CEO Shaun Usmar has been working up to since starting the royalty and metals streaming business in 2016.Fresh from undertaking Canada's biggest mining initial public offering (IPO) in nine years, raising $250 million in May, the company has emerged as a more a...Read More
Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond's main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped the buy would help it diversify its portfolio away from Lesotho, where...Read More
Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country's east coast. The Australian miner, which fought hard to stay in Malaysia under certain conditions that needed to be fulfilled by September this year, said the licensi...Read More
The Dow Jones Industrial Average fell 395.3 points or 1.11% to 35,120.08 and the S&P 500 lost 26.33 points or 0.59% to finish the trading week at 4,441.67. Spot gold climbed US$1.00 per oz. to US$1,780.70 per ounce.Franco-Nevada dropped US$13.54 per share to US$141.34 share on no corporate news. The gold-focused royalty and streaming company reported second-quarter results on August 11. The comp...Read More