SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million.The sum consists of US$33 million in cash; US$33 million in EMX shares; and US$34 million in deferred compensation payments that will be delivered on project development milestones.Once the transaction closes, SSR Mining will own about 12%...Read More
I was at a friend's birthday party last night, talking to his brother-in-law.We were discussing the housing market and how out-of-joint it is.He's a contractor."The Fed's printing too many ferns," he said casually.I agreed and started to go on about bond purchases and tapering, but it was pointless.This man had already laid it out plain. Nothing more needed to be said.The Fed's printing too many f...Read More
Empress Royalty Corp. is pleased to announce the execution of a URead full newsRead More
China's domestic nickel sulphate prices rose to a new high on 27 July, with import prices also surging amid burgeoning demand from the new energy vehicle (NEV) and battery sectors and tight local supply.Read full newsRead More
Ken Hoffman, the head of EV Research at McKinsey Co, says we are two years out from a Class 1 nickel shortage.Read full newsRead More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Long-term investors often view gold as a hedge against stocks. However, gold stocks usually generate higher returns than physical gold prices, making them better investments than the yellow metal. As per a McKinsey & Company report, gold stocks had provided a 33% return to the shareholders in 2020, easily outpacing major indexes such as the S&P500 and Dow Jones.If markets turn turbulent in...Read More
The Fed moved closer to tapering stimulus but said there was "some ground to cover to get there", Bloomberg reported.Rates were kept near zero.Gold was back above US$1,800 an ounce and around $1,816/oz on the spot market at the time of writing.Australia-based iron ore producer Fortescue Metals Group shares were at an all-time high of A$26.58 in morning trade, taking the company's market capitalisa...Read More
EBITDA of US$12.1 billion was 5% above forecasts, while underlying profit of US$5.3 billion or US$4.30/sh was also comfortably higher than consensus estimates.Read More
We spoke with Sam Spring, President & CEO of Kincora Copper Ltd. (TSXV: KCC, ASX: KCC). Kincora is focused on becoming the leading listed, pure play explorer, in the Lachlan Fold Belt (LFB) of Australia. The LFB is a world-class gold and copper region, hosting an estimated endowment, of over 100Moz gold and over 24Mt copper. It is Australia's foremost porphyry region that hosts flagship operations...Read More
Temperatures reached over 120 degrees Fahrenheit in the oil-rich Iranian province of Khuzestan, and water shortages were making it difficult for people to, well, survive.As a result, huge protests popped up all around the country, and government officials gave the go-ahead to counter those protests with live ammunition.The official death count is eight, although insiders suggest it's higher.Of cou...Read More
Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has begun civil construction works for its Matawinie graphite mine in Saint-Michel-des-Saints, Quebec, 120 km north of Montreal. Commercial production is scheduled to begin by the end of 2023.The company is taking a phased approach to becoming a vertically integrated source of green battery anode material. First is development. The company says tha...Read More
Anglo American (LSE: AAL) will return US$4.1 billion to shareholders as soaring commodity prices and the re-opening of economies around the world helped the company hit the best half-year profits in its 104-year history. The diversified miner reported pre-tax profits of US$10.1 billion for the six months to June, up from US$1.7 billion in the same period last year. Revenue rose 114% to US$21...Read More
Are you having a hard time looking for worthy buys in this frothy market? Here are three undervalued TSX stocks to buy for long-term investors.Intact Financial CorporationIntact Financial (TSX:IFC) is another under-the-radar name that deserves more attention. It’s a $26 billion property and casualty insurance leader in Canada with a market share of 17%. The company aims to grow its earnings...Read More
Some news topics are largely unbearable. Financial news has plenty of its own issues in this regard, but it is far from the worst.Look no further than space and astronomy news for the most egregious examples.Just look at the articles on how to see the "strawberry super moon" from June. Read one and congratulations, you just read an article on how to look up and see just a regular old full moon, th...Read More
The future for the Falchani Lithium Project, from President & COO, Dr. Laurence Stefan.Read More
Dr. Laurence Stefan talks about the relationship between our lithium deposits in Tonopah, Nevada and the Falchani deposit in ...Read More
On our TLC property, the leaching time to recover more than 90% of the lithium is much faster than comparable lithium claystone ...Read More
Our Tonopah Lithium Claims (TLC) is a 7.5k acre property located in the historic mining district of Tonopah, NV. It has 5.37Mt LCE ...Read More
Interested to hear about our capital structure? In this clip, $LI.V's CEO & Director, Simon Clarke discusses our balance sheet, ...Read More