According to a report from Yahoo Finance on Tuesday, a pair of young siblings are earning $32,000 a month from mining Ethereum (ETH). The duo from Dallas - Ishaan, 14 years old, and his sister Aanya, 9 years old - plan to use their incredible gains to fund their education. And you can be sure that despite rising college costs, their expenses will be well covered and then some.Talk about pulling y...Read More
Shares of Intrepid Potash (NYSE: IPI) have lost almost 20% of their value in two days, as the company announced it was "reviewing its options" following a court ruling that determined the miner no longer has water rights for commercial use from the Pecos River in New Mexico. Intrepid's use of the Pecos River water became controversial after the company disclosed it planned to pump wat...Read More
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has released a new batch of drill results from its Kandiole project in Mali, about 400 km west of the nation's capital, Bamako, and says it expects to deliver a first resource estimate before the end of the year.Results from the project's Southern Mankouke zone included 3.53 grams gold per tonne over 17 metres starting from 121 metres in drillhole RCMAN21-55;...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in, fly-out (FIFO) mines in Western Australia. In a submission to the state's parliamentary inquiry into the issue, the world's largest miner said that between 2019 and 2021 it received six confirmed cases of sexual assault and 73 of sexual harassment at i...Read More
Newcrest Mining (TSX: NCM; ASX: NCM) has delivered a prefeasibility study for its Cadia underground gold mine expansion.The mine, in New South Wales, Australia, produces gold dor?(C) and gold-rich copper concentrates.The prefeasibility study, which the company refers to as PC1-2, outlined a net present value of US$1.5 billion and an internal rate of return of 21.5%. The total capital expenditure i...Read More
Dear Outsider,Have you ever talked with someone really important, and they made you feel really small? Well, I recently had the most ridiculously exaggerated version of that encounter that you could imagine. Not only was the man I met with a millionaire businessman, a global icon, and a fixture on television... He was also seven-foot-one.That's right, I just spent an afternoon with Shaquille O'N...Read More
Toronto, Ontario--(Newsfile Corp. - August 19, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (theRead full newsRead More
Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year - five times what it earned in 2020.Read full newsRead More
Asian stocks were set to dip, after a slide on Wall Street sparked by Federal Reserve minutes indicating officials could start paring stimulus from later this year, Bloomberg reported.The S&P 500 closed down more than 1%.Meanwhile, BHP has warned "the increasing likelihood of stern cuts to steel output in China in the current half year … is testing the bullish resolve of the futures mar...Read More
Inflation climbed to 3.7% last month — the highest rate since 2011. Rent, fuel, and groceries are all noticeably more expensive this year, as the nation grapples with supply-chain issues and an oversupply of currency from the Bank of Canada. The depreciating value of capital is bad news for investors. It’s an invisible drain on your wealth. Here are three ways to protect your asse...Read More
While markets have been flying high, gold miner stocks have taken a brutal beating since last year. And importantly, the upturn still does not look convincing to take a bet on the yellow metal miners. However, one TSX stock that has remarkably thrashed peers is Franco-Nevada (TSX:FNV)(NYSE:FNV).Top Canadian stock to buy for the long termFNV stock has returned more than 20% so far this year, while...Read More
GlobalData said lead production would amount to 4.69 million tonnes, as output grows 3.3% in China and by 9.9% in Peru. Peru witnessed a 21.Read More
Boab Metals Limited (ASX: BML) is based in Western Australia and is a base and precious metals exploration and development company, fast tracking it's 75% owned, Sorby Hills Project towards production, following outstanding drilling success and a recent Resource update (44.9Mt at 4.3% Pb equivalent). The Sorby Hills Base Metals Project is located 50km northeast of Kununurra, in East Kimberley and...Read More
Rob McEwen talks about the market and the outlook for gold, silver, and copper. He is a recognized Leader in the mining industry and has greatly supported investment in mining. He founded Goldcorp Inc., which has merged with Newmont to become the world's greatest gold mining Company. Rob is also a philanthropist, who is funding pioneering stem cell research, education developing entrepreneurs and...Read More
A couple nights ago, the wife and I went to dinner in Ocean City, Maryland. We typically don't venture down there from our beach house in Bethany, but we were having dinner at my cousin's restaurant with my brother and his wife.The restaurant is on the bay, which leads out to the Atlantic Ocean.Two weeks prior, the restaurant and the adjoining marina were host to the White Marlin Open, the largest...Read More
Orca Gold (TSXV: ORG) subsidiary Montage Gold (TSXV: MAU; US-OTC: MAUTF) has exceeded its exploration objective at the Kon?(C) gold project in C??te d'Ivoire with 100% resource conversion and resource growth.Montage has reported an initial indicated resource for Kon?(C), outlining 225 million tonnes grading 0.59 gram gold per tonne for 4.27 million oz. of contained gold at a 0.2 gram per tonne cut...Read More
Pending continued improvement in regional health statistics, Vizsla Silver (TSXV: VZLA) plans a staged restart of drilling activities on September 1 at its Panuco silver-gold project in Sinaloa state, Mexico.Soaring Covid-19 cases have prompted the company to voluntarily suspend activities in late July to protect the health and safety of the team and the communities in which they work.The company...Read More
Canada's Ontario has rescinded a work suspension order in place over great swathes of the province in the wake of wildfire activity since July 21, allowing Great Bear Resources (TSX: GBR; US-OTC: GTBAF) to start work on Phase 2 drilling from August 18.The next phase of Great Bear's exploration strategy will test the continuity of mineralization along the significant LP Fault below 450 metres depth...Read More
After years of indecision and US$4.5 billion (pre-tax) invested in development since 2008, BHP has announced that it will move forward with its Jansen potash project in Saskatchewan and approved capital expenditure of US$5.7 billion to build the first phase of the project. The sum includes funding for the required port infrastructure.BHP, the world's largest mining company, paired that news with i...Read More
Chilean miner Antofagasta (LSE: ANTO) says that water shortages in the South American nation, which has been hit by a decade-long drought exacerbated by climate change, has forced it to cut its copper production target for the year. The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes....Read More