Mining Stocks Articles

US stocks at fresh highs ahead of Independence Day

05 July 2021 / Staff reporter

The winning streak of seven consecutive records was reportedly last seen in 2007.US markets are closed today to observe Independence Day, which fell on the weekend.In China, stock markets fell the most in three months as the market stability experienced ahead of the 100-year anniversary of the Communist Party might be behind us, Marex's Anna Stablum said on Friday.Gold was worth about US$1,787 an...Read More

Vale restarts ship loader after January fire at Ponta da Madeira

05 July 2021 / Staff reporter

The blaze on January 14 had not caused casualties or environmental damage or impacted shipping, the Brazil-based miner said. Analysts had initially warned the fire could have reduced Brazil iron ore exports by as much as 32 million tonnes over the next 12 months. "The maintenance of CN6, which evolved the substitution of over 60% of its components, did not impact PDM's monthly iron ore s...Read More

Why Gold Stocks Look Cheap Today

July 5, 2021 / Andrew Walker

The price of gold is starting to recover from a recent pullback, but gold stocks are not rebounding as much as one might expect and still appear undervalued today.Gold outlookGold trades near US$1,790 per ounce at the time of writing. The price of the yellow metal hit a record high around US$2,080 last August and fell back below US$1,700 in March. Since then gold has been as high as US$1,900.Gold...Read More

Worried About Market Volatility? Buy These 2 Top TSX Stocks Right Now

July 5, 2021 / Chris MacDonald

Those worried about a potential market correction or crash certainly have reason to view the markets in a skeptical way.Indeed, valuations are nearing all-time highs on various metrics. And some investors are rightly becoming concerned with just how steeply valued the market is right now relative to historical levels.On this basis, the search for value stocks is on. Here are two of the top value s...Read More

Forget Bitcoin: Barrick Gold Stock May Be the Best Hedge for Your Buck

July 5, 2021 / Joey Frenette

Barrick Gold (TSX:ABX)(NYSE:GOLD) shares have been under considerable pressure over the past several months, as gold prices slid. Undoubtedly, gold has been quite the volatility asset of late, rallying over 10% between March and June, only to plunge nearly 8% in a matter of weeks.While there’s not yet enough data to conclude that gold and its miners have a negative correlation with cryptocur...Read More

3 Cheap Stocks Priced Under $30 to Buy in July 2021

July 5, 2021 / Sneha Nahata

While the Canadian stock market bounced back strongly on hopes of a revival in the economy, plenty of high-quality stocks are trading cheap and are well within reach. So, if you are looking for cheap stocks to buy now, consider these three Canadian stocks priced under $30. Algonquin Power & Utilities Speaking of high-quality, cheap (under-$30) stocks, Algonquin Power & Utilities&...Read More

US lithium hopeful to float in London

05 July 2021 / Staff reporter

The junior is looking to raise £6.2 million at 5.5p per share for exploration at its assets across Arizona and Nevada.Read More

Highfield poised for construction as mining concession approved

05 July 2021 / Staff reporter

The Fronterizo, Muga and Goyo concessions have been approved, signed, and sealed, meaning Highfield can kick off its long simmering construction plans at last.Read More

Orano reports mining and nuclear services contract growth

July 5, 2021 / Henry Lazenby

French-based uranium miner and nuclear fuels services provider Orano says it has bagged several new uranium mining and front-end services contracts worth more than US$450 million (?,?380 million).The company reports increased demand for its mining activities and activities in the front end of the nuclear fuel cycle from its electricity utility customers, particularly in the United States, Europe a...Read More

Seabridge and Eskay Mining ink road cost-sharing accord

July 5, 2021 / Henry Lazenby

Seabridge Gold (TSX: SEA) and junior explorer Eskay Mining (TSXV: ESK) have agreed to share the $12 million construction bill of the first stage of an access road to the KSM gold-silver-copper project in British Columbia.The nine-km road, called the Coulter Creek Access Road (CCAR), is one of two main access roads to KSM. Building the first segment now will shorten the time Seabridge needs to esta...Read More

Glencore names Kalidas Madhavpeddi as new chairman

July 5, 2021 / Cecilia Jamasmie

Miner and commodity trader Glencore (LSE: GLEN) has chosen non-executive director Kalidas Madhavpeddi to replace Tony Hayward as the company's new chairman, completing a leadership overhaul at the company.Madhavpeddi, a U.S. citizen, joined the board of the Swiss firm in February 2020. He had previously led China Molybdenum International (CMOC) for almost a decade, until 2018.During his time at...Read More

Glencore paid $5.8B to governments in 2020

July 5, 2021 / Henry Lazenby

Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020.The diversified mining house says the Covid-19 pandemic caused major production outages across the portfolio last year amid softer commodity prices: the result, lower payments to host nations compared with the 2019 total of US$7.7 billion.The group's effective...Read More

1 in 3 Americans Satisfied Living in U.S.

July5, 2021 / Alexander Boulden

Dear Outsider,I hope you had a relaxing Independence Day with lots of fireworks. We didn't have any in Baltimore City, and I think I know why. More on that in a bit...First, we need to celebrate our freedom from an oppressive oligarchy that restricts our travel and tells us what to wear... freedom from taxation without representation, where our tax dollars go into the pockets of the rich... freedo...Read More

$LZ -

Sun Jul 04 14:58:03 2021 / Staff reporter

LegalZoom is the nation's leading provider of personalized, online legal solutions and legal documents for small businesses and families. Form an LLC, incorporate a business, make a will, register a trademark, get legal advice, and more online.Read full newsRead More

RT @wmiddelkoop: Shortages flagged for EV materials lithium and cobalt | Reuters

Sun Jul 04 13:43:53 2021 / Willem Middelkoop

As the world moves to meet stringent targets for cutting carbon emissions - partly by phasing out internal-combustion-engine cars - demand for lithium, cobalt and nickel vital for electric vehicle batteries will soar, raising the prospect of shortages.Read full newsRead More

3 Top TSX Stocks to Buy With $10 in July 2021

July 4, 2021 / Adam Othman

One of the things almost all people who’ve entered the workforce understand is that there is a world of difference between theory and practice. No matter how thorough and up to date their courses were, there are a lot of things they learn while on the job.The same can be said about investing. You can teach a lot of theory to someone and try to instill good practices, but until they invest th...Read More

2 Top Picks on the Canadian Stock Market for H2 2021

July 4, 2021 / Joey Frenette

Many people think the second half (H2) of 2021 won’t be nearly as good as the first half. Given the incredible 15% pop for the TSX Index in H2 2021, the odds seem to be on their side. While a +30% year isn’t unheard of, it’s quite rare. And odds are, the Canadian stock market will either be more volatile or at least with less upside momentum behind it.Given the high degree of unp...Read More

Big Thunder Gold Mine: Must-see gold mining experience in the Black Hills

Sat Jul 03 23:48:35 2021 / Staff reporter

Big Thunder Gold Mine is perfect for people of all ages, races and abilities. It's the must-see gold mining experience in the Black Hills. They're located in Keystone, South Dakota at 6...Read full newsRead More

Gold Mining Exploration Launch Set To Change The Face Of Gold Mining Investments

Sat Jul 03 20:35:36 2021 / Staff reporter

Constructive Applied Capital releases information on how its new New Mining License will change things in the Gold Mining Investments space for the better. Further information can be found at https://www.constructiveappliedcapital.com/. Milpitas, United States - June 23, 2021 /PressCable/ - Earlier today, Constructive Applied Capital announced the launch of Gold Mining Exploration, its New Explora...Read More

If the Bitcoin Rally Is Over, Here’s Why This Stock Could Shoot Higher

July 3, 2021 / Chris MacDonald

Those seeking stability really have a hard time finding it today. No matter where investors look, volatility appears to be picking up. Whether in stocks, bonds, or crypto, valuations are changing rapidly. Looking at the recent Bitcoin rally (and decline), we see a great example of this.That said, investors will note that cryptocurrencies are inherently more volatile. These digital tokens don&rsquo...Read More

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