After a difficult 2020 that saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond prices have bounced back in 2021. Here's a look at eight active Canadian-listed diamond explorers and miners who've made it through the trough and are preparing for the upturn.Arctic Star ExplorationArctic Star Exploration (TSXV: ADD) has unearthed fo...Read More
Suddenly, diamonds are looking interesting again. The cutbacks in diamond production last year, allied to the substantial fall in manufacturing capacity in India (the major diamond cutting centre) as a result of the Pandemic, against continuing strong retail demand for diamond jewellery has cleared out the billions of dollars of rough and polished inventory overhang in the mid-stream. No new obvio...Read More
A group of 457 investors, which oversees more than US$41 trillion in assets combined, and a coalition of 79 company CEOs are calling on the G7 - Canada, France, Germany, Italy, Japan, the U.K. and U.S. - to work harder on reducing greenhouse emissions and cut funding for fossil fuels.In separate letters to governments as leaders of the G7 meeting in England, and ahead of a global climate summit in...Read More
After a roller coaster of a year that almost forced an early end to the Ekati diamond mine, the operation's new owners, Arctic Canadian Diamond Company, are hoping that the recovering diamond market will give Canada's first diamond mine a more solid foundation.The mine's future was put in doubt last March, when operations were suspended in response to the pandemic-related shut down of diamond mark...Read More
After Red Pine Exploration's (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that lie adjacent to the property located in McMurray township, Michipicoten region of Ontario in April, the company reached a pivotal point.With ownership streamlined after buying out its 36.7% joint-venture...Read More
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The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More
The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More
Vancouver, BC, June 9, 2021 - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 5.3 meters ("m") of 10.2 g/t gold and 10 meters of 5.5 g/t gold in the Upper Zone of the FG Gold Project ("Project" or "FG Gold"), part of the Company's 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1).HighlightsFG-20-...Read More
With TSX volatility on the rise again, investors are looking to diversify their portfolios with undervalued stocks. The problem is, value is hard to find today. Almost every stock and sector appear overvalued right now. Economic reopening hopes are driving forward-looking expectations to insane levels today.However, there’s hope. There happen to be a few pockets of value left. In this articl...Read More
As with most other commodity plays, Nutrien (TSX:NTR)(NYSE:NTR) has more than made up the ground it lost due to the pandemic. In fact, shares of Nutrien are now trading near all-time highs.For investors worried about where valuations are today, perhaps this outsized move is concerning. After all, we’re seeing valuation expansion in nearly every sector now.However, there’s rea...Read More
Endeavour Silver (TSX:EDR)(NYSE:EXK) is involved in the evaluation, acquisition, exploration, development, and exploitation of mineral properties. The company produces silver and gold from underground mines. It also has interests and is advancing certain exploration properties in Mexico and in Chile.Robust business strategySince 2002, the company’s business strategy has been to focus on acqu...Read More
The polarising Peru election is currently too close to call.No doubt Rio Tinto will be keeping a close eye on Mongolia where the presidential election is on today.The Rio-controlled Oyu Tolgoi has been facing challenges from the government and is still awaiting approvals for the undercut, critical to avoid delays to the over-budget underground expansion. "Populist victories and the negative e...Read More
Indicated resources in the so-called lower mine area amounted to 2.08Mt, up from 1.66Mt in the 2016 MRE. Average grade has fallen to 1.59% from 1.81%.Read More
Share this article VANCOUVER - As the impact of the Covid19 pandemic winds down, cobalt demand in 2021 should be boosted by strong performance in the electric vehicle (EV) sector with some analysts predicting a 17% increase in demand this year over 2020.Cobalt is used in the production of lithium-ion battery materials, superalloys, high-temperature alloys, cutting tools, magnetic materials, petro...Read More
Integrated vanadium producer Largo Resources (TSX: LGO; OTCQB: LGORF) is charting a course towards capturing 3% or about 1,400 megawatt-hours of the long-duration energy storage battery market by 2025, company executives said during the company's first 'battery day' presentation this week.Largo, which had spun out Largo Clean Energy in December to provide long-duration vanadium redox flow battery...Read More
Canada's Ivanhoe Mines (TSX: IVN) has inked deals with China's Zijin Mining's subsidiary and trader Citic Metal to sell each 50% of the copper production from the recently-launched first phase of its Kamoa-Kakula mine in the Democratic Republic of Congo (DRC).The copper concentrate and blister copper off-take agreements will see wholly-owned Zijin unit Gold Mountains (H.K.) International Mining...Read More
Cornish Metals (TSXV: CUSN; LON: CUSN) posted on Wednesday an updated resource estimate for its South Crofty tin-copper project in Cornwall, southwest England, as it moves to closer to reopening the past producing mine.The Canadian miner, formerly known as Strongbow Explorations, said additional sampling showed a 10% increase in indicated resources to 2.08 million tonnes in both the lower mine a...Read More
Most people don't fathom the sheer size of Elon Musk's wealth.Love him or hate him, you have to give Musk credit for amassing a fortune of about $152 billion to date.Mind you, he's about one or two tweets from surpassing Jeff Bezos' own horde of $186 billion and within range of the $193 billion possessed by Bernard Arnault, a French investor and currently considered the world's richest person.Look...Read More