The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the cornerstone Candelaria copper-gold mine in Chile.Lundin says it will be adjusting the near-term mining sequence in Phase 10 of the Candelaria open pit for the second half of the year, which will impact the volume of direct or...Read More
Gold Royalty (NYSE-AM: GROY), which went public in March and has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC: ELYGF) in a deal valuing Ely at about $300 million.Ely Gold Royalties is focused on Nevada and has royalties on three of the state's largest gold mines- Jerritt Canyon, Gol...Read More
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage.The updated resource includes the Whistle, Island Mountain, and Raintree West gold-copper deposits and has delineated 118.2 million indicated tonnes grading 0.51 gram gold per tonne, 2.19 grams silver per tonne, an...Read More
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus may drive it to levels even higher than what was predicted in pre-pandemic forecasts.The rest of the world, however, will continue to work towards recovering last year's losses, particularly because Covid-19 remain...Read More
As the clean energy sector continues to drive copper demand, new sources of supply are being increasingly sought, and Canadian companies are leading the hunt to find more of the metal at home.Ontario-based project generator Rich Copper Exploration is one of these, and is focussing on projects in the northern part of the province, as well as on Canada's east coast. The privately held junior's holdi...Read More
Since it began operating as a project generator in 2005, Vancouver-based project generator Strategic Metals (TSXV: SMD) has maintained its focus on researching and exploring an ever-increasing portfolio of high-quality assets that span a wide range of commodities and deposit types.After beginning in Canada's Yukon, Strategic Metals slowly expanded its exploration work to now include assets in nort...Read More
Dear Outsider,On May 17, 1792, 24 stockbrokers and merchants gathered under a buttonwood tree outside 68 Wall Street to sign the Buttonwood Agreement, a document that would set the foundation for the New York Stock Exchange as we know it today.Revered as one of the most influential financial documents in history, the Buttonwood Agreement sought to stabilize the securities market after the Panic of...Read More
Barrick Gold Corporation GOLD recently announced that the framework agreement between the Papua New Guinea ("PNG") government and operator Barrick Niugini Limited ("BNL") took a major step forward to restart the Porgera gold mine. The deal provides that the Porgera mine will be owned by a new joint venture held 51% by PNG stakeholders and 49% by BNL. Per the terms, BNL will continue as the operato...Read More
Portfolio diversification is everything these days. Such diversification provides better risk-adjusted returns over time. Indeed, having too many of one’s eggs in a single basket isn’t a good idea.For those heavily invested in growth stocks, here are two names to round out a portfolio nicely. These companies are both highly defensive but act as portfolio hedges. For those with long-onl...Read More
We spoke with Rudi Fronk, Chairman & CEO of Seabridge Gold (TSX: SEA, NYSE: SA), the mining exploration and development company, designed to provide its shareholders, with exceptional leverage to a rising gold price. Seabridge holds a 100% interest in several North American gold projects. In addition to gold, the Company has amassed a large quantity of copper, at their KSM project, located in Brit...Read More
This week he [Paul Tudor Jones] made a similar call in response to runaway inflation, saying he'd go "all in" on not just gold but also crypto and commodities if the Federal Reserve refuses to step in and tame rising consumer prices.Read full newsRead More
From the largest ASX-listed gold producers to mid-tier players, today's a sea of red for ASX gold shares The post ASX gold shares are sliding today appeared first on The Motley Fool Australia.Read full newsRead More
Risk is one of the most common attributes associated with growth stocks and growth-oriented funds. But one thing many investors fail to understand that risk is relative. Many stocks are relatively riskier in certain market conditions and stable in others.Take energy stocks as an example. Once considered rock-solid investments, many energy stocks are now counted among risky holdings with shaky long...Read More
The stock market rally off the 2020 crash is due for a healthy correction. Investors who missed the surge are wondering which top Canadian stocks might be good buys on a pullback.Teck ResourcesTeck Resources (TSX:TECK.B)(NYSE:TECK) produces metallurgical coal, copper, and zinc. The share price soared from a low near $9 per share in March 2020 to as high as $31 last month. In the past couple of wee...Read More
Ready Set Gold Corp. is pleased to announce that it intends to coRead full newsRead More
UK capital yet to see an influx of new miners to the LSE or AIMRead full newsRead More
Company gives best sign yet big potash project will get the green lightRead full newsRead More
Vancouver, BC June 18, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering (the "Offering"). Pursuant to the Offering, the Company issued 8,422,000 units (the "Units") of the Company at a price of $0.95 per Unit for aggregate gross proceeds of $8,000,900.Each Unit consists of on...Read More
Usually, when people think about investing in proof coins, it is very easy to get into a slam dunk mentality. After all, what is there to hate about proof coins. First and foremost, you are investing in precious metal coins. Investing in precious metals is a great way to protect yourself against inflation. Every passing year, the value of your money, whether it is stored in the bank or stored in t...Read More
If you are looking to protect yourself against inflation, currency devaluations, or even economic weakness, one of your best bets is to diversify your investment portfolio with precious metals. Of course, you shouldn't leave the stock market completely. When it comes to fast appreciation of capital, the stock market is always a good bet. As long as you invest at a time where the market is still ap...Read More