China's copper imports declined for the fourth month in a row, Marex's Dee Perera said from the LME desk, and she noted sell-side analysts had downgraded full-year growth forecasts for China due to the COVID-19 resurgence.Copper closed down more than 1% on the London Metal Exchange.It was a glum day for base metals with nickel losing more than 3%.Iron ore continued to weaken, with MySteel 62% Aust...Read More
The company has reported the results of the hole, within the company's flagship Vares silver project in Bosnia and Herzegovina, as recording 21.Read More
Share this articleBut simply possessing the mineral and metal deposits isn't enough. Governments need good policies that attract private exploration and investmentThe Manitoba mining industry received some good news recently, but the province still needs to reform its mining policies for the sector to thrive.Despite some progress over the years, the province continues to have a hostile climate for...Read More
We spoke with Don Bubar, President and CEO of Avalon Advanced Materials Inc. (TSX: AVL, OTCQB: AVLNF), a Canadian mineral development Company, specializing in sustainably produced materials, for clean technology. Avalon is currently focusing on developing its Separation Rapids Lithium Project, near Kenora, Ontario, while looking at several new project opportunities, including its 100%-owned Lilypa...Read More
Crypto prices are soaring this week, with the benchmark token Bitcoin (BTC) leading the latest surge, rising over 5% on Monday and surpassing the $45,000 mark for the first time since May.Ethereum (ETH), the second-most traded cryptocurrency by volume, was also on the move Monday, rising nearly 6% on the day to a price of roughly $3,100 by afternoon trading.Holders of popular alternative cryptocur...Read More
Centerra Gold (TSX: CG) remains "financially strong" with solid performance and a healthy outlook at its other operations three months following the Kyrgyzstan government's seizure of the Kumtor mine, says CEO Scott Perry.In its June-quarter financial report, Toronto-based Centerra noted its cash position at the end of June was up by almost US$60 million quarter-on-quarter at US$883 million.It giv...Read More
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has reported very long mineralized intervals from drilling at its 100%-owned Bralorne gold project, where it is preparing an initial resource estimate due out in 2022.In the Pioneer block, Hole 2021-040 extended mineralization 140 metres down plunge and intersected 114.2 metres grading 1.02 grams gold per tonne. This represents part of a longer, 200-met...Read More
Nutrien's (NYSE: NTR) shares are trading in the black on Tuesday after the company released strong June-quarter operating and financial results and guided for full-year earnings per share well above average Wall Street expectations.The Saskatoon, Saskatchewan-based crop nutrients giant cites its strong year-to-date operating performance and significant leverage to higher fertilizer prices for the...Read More
This week's episode features Cameco's Q2 conference call with CEO Tim Gitzel, who discusses the company's ongoing challenges with low uranium prices. Despite optimistic forecasts for a uranium supply crunch, Gitzel explains how the market remains oversupplied, with the company continuing its strategy to buy uranium off the spot market to reduce available supply. He also discusses how the European...Read More
Australia's Vital Metals (ASX: VML), the first rare earths producer in Canada, has announced a trading halt until August 12 on reports of alleged negotiations to acquire two projects in Quebec, one of which is considered to be the world's fourth largest dysprosium deposit. The company, AFR reported, is said to be in final talks to acquire the Zeus project and a 68% interest in Kipawa, two rar...Read More
A new report by Wood Mackenzie predicts that the usage of aluminum, copper, and zinc in the solar power sector will double by 2040, thus prompting an increase in demand. "Base metals are an integral component of solar power systems," Kamil Wlazly, Wood Mackenzie's senior research analyst, wrote in the report. "A typical solar panel installation requires aluminum for the front frame and a combin...Read More
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a second "no" - this one from the federal government.In a decision released on Friday, Jonathan Wilkinson, Canada's Minister of Environment and Climate Change, said that a review of all relevant information, including the joint panel's June 17 repor...Read More
Dear Outsider,I spotted a large X in the middle of a busy street and carefully ambled through traffic to stand on it. I cast my eyes upwards, to an open window in the Texas School Book Depository. Yes, that book depository. I was in Dealey Plaza standing on the very spot where John F. Kennedy was assassinated on November 22, 1963. It was quite surreal, as the window that Lee Harvey Oswald alleged...Read More
Kyrgyzstan's nationalization of Centerra Gold's large mining operation is one of the most brazen moves in recent years by a country to assert control over valuable natural resources, mining and legal experts say.Read full newsRead More
The Biden Administration has revealed its cards towards the crypto industry, but not everyone on Capital Hill thinks they have a winning hand. Also, a quick win in the Healthcare sector!Biden goes to bat for the oligarchs (photo credit Jon Tyson)Click here to read our latest Insights. Read More
Australian gold miner Resolute Mining Ltd said on Thursday it would sell its Bibiani mine in Ghana to Canada's Asante Gold Corp for $90 million.Read full newsRead More
The US payroll figures were "a game-changer", Pepperstone head of research Chris Weston said, adding "this is progress and the US economy no longer requires the level of support it once did."Total nonfarm payroll employment rose by 943,000 in July, with figures also revised upwards for both May and June, and the unemployment rate fell to 5.4%.The precious metal fell below US$1,700 an ounce on the...Read More
It’s not easy to find worthy investment ideas in such a frothy market. Investors should be wary of valuation in such markets and not just follow the exuberance. Here are three top TSX stocks that look attractive from the valuation standpoint and offer decent growth prospects as well.Barrick GoldThe year 2021 is turning out to be a different year for gold miners and investors than 2020. While...Read More
Solar panels require aluminium for the front frame and a combination of aluminium and galvanised steel (zinc) for structural parts.Read More
Share this article VANCOUVER - Ethos Gold Corp [ECC-TSXV] shares rallied in active trading Monday after the company released impressive sampling results from its Toogood property in Newfoundland.The company said samples taken from an area located 420 metres east of a new high-grade surface trend on the Toogood property assayed at 7,877 g/t gold. Other sub-crop grab samples also contained visible...Read More