Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its 49%-owned Gahcho Ku?(C) mine, in Canada's Northwest Territories. The Toronto-based miner reported a profit of $22.5 million (US$18 million) for the three months ending June 30, compared with a loss of $26.8 million...Read More
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi mining method.The company says the decision follows the outcome of various risk assessments, extensive comparative financial analyses, and the results to date of the Muckahi test program at El Lim??n Deep (EL...Read More
Australia's Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada's Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by another US$30 million on or before six months from the transaction close. The final US$30 million will be paid on or before a year from completion, Resolute said. T...Read More
Liontown is aiming to deliver a definitive feasibility study for its Kathleen Valley project in Western Australia by year-end and be in production in 2024.Read More
Straightup Resources Inc. is pleased to announce that a field creRead full newsRead More
TSX: NVO | TSX: NVO.WT | OTCQX: NSRPFRead full newsRead More
No one in the mines along the Lihanda corridor - stretching from Kakamega all the way to Vihiga - appears bothered about the other graduates.Read full newsRead More
This Announcement Contains Inside Information Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (Read full newsRead More
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment.Gold mining has been a hallmark of commerce across the ages, and according to the United States Geological Survey (USGS), about 244,000 tonnes of gold has been discovered to date, resulting in 187,000 tonnes of historical production, leaving the current underground reserves at...Read More
It could be difficult for some to pick quality stocks when markets are at record highs. However, that should not be the reason to stay away from equities entirely. Quality stocks create value for shareholders in the long term despite all odds. Here are three TSX stocks that could perform well in the long term.EnbridgeWhen it comes to long-term investing, I prefer stable returns with little volatil...Read More
Profit after tax amounted to US$661 million, with underlying EBITDA totalling $868 million, up 147% year-on-year but 3% below consensus estimates.Read More
Share this article VANCOUVER - C2C Gold Corp [CTOC-CSE] said Wednesday it has been granted an option to acquire a 70% interest in a basket of claims in the central Newfoundland gold belt, a move that adds to its existing substantial holdings in the region.The option agreement with Buchans Resources Ltd. involves 364 mineral claims (91 square kilometres) covering the Lake Douglas and South Tally p...Read More
Joseph Robinette Biden Jr. wants to make you filthy rich.At this point, he's practically jumping up and down, frantically waving a giant flag back and forth hoping you'll notice. All politics aside, I'm astonished there is still a herd of investors who don't see it coming. Look, we've been following President Biden's infrastructure bill closely here in our Energy and Capital investment community...Read More
Orla Mining (TSX: OLA; NYSE: ORLA) has released new assay results from drilling the sulphides zone at its Camino Rojo gold project in Mexico's Zacatecas state, about 50 km southeast of Newmont's (TSX: NGT; NYSE: NEM) Penasquito mine.The company said the results confirm the presence of wide, higher grade gold zones at the sulphide deposit. The drill program consisted of close-spaced drilling on thr...Read More
Chile's senate has postponed for almost three weeks a vote on an opposition-sponsored bill that could hike taxes on miners by up to 75% depending on the price of copper, the country's main export. The bill, first introduced in 2018, calls for a 3% royalty on sales of over 12,000 tonnes of copper production a year and 50,000 tonnes of lithium a year. Half the funds obtained from the royalty w...Read More
Gold is still being discovered in England, but it's not geologists doing the finding. As we emerge from the pandemic it seems that many of us spent the lockdown digging up treasure.England enjoyed its 'Freedom Day' on July 19, when almost all lockdown restrictions were lifted. Despite a recent rise in cases of Covid-19, people are no longer advised to work at home, masks are not obligatory, and ni...Read More
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into feed materials, including iron ore pellets and lump iron ores, suitable for use in direct reduction (DR) steelmaking based on natural gas and hydrogen. "This is a significant...Read More
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon mill, 20 km east of Val-d'Or. The three-year term loan agreement with Investissement Quebec bears interest at a rate of 6% a year until the restart of the mine and mill, 5% during the first year...Read More
The idea of extraterrestrial mining has been around for more than a century. In the 1898 landmark sci-fi novel Edison's Conquest of Mars, Garrett Serviss' main characters come across aliens mining an asteroid made of solid gold.And for decades since, science fiction writers have used asteroid and moon mining as plot devices - from the golden-age sci-fi greats like Isaac Asimov and Richard Heinlein...Read More
In this interview, independent energy metals analyst Chris Berry shares insights on investing in the battery metals space. Topics ...Read More