A co-worker recently proposed an argument for gold using what statisticians call the Lindy Effect.What is the Lindy Effect?Well, the basic idea behind the Lindy Effect is that the life expectancy of some things is proportionate to their current age.In other words the longer something exists, the longer we should expect it to continue existing.Now, right off the bat you can probably think of a mill...Read More
Roger Valverde, our spanner-wielding chemical engineer leads us in one-take through a highly instructive tour of the pilot plant in ...Read More
Newcrest dates back to 1966, when Newmont Mining Limited established an Australian subsidiary, Newmont Holdings Limited, ...Read More
'Commodities nailed the best week'Read full newsRead More
Rio lifts iron ore shipments despite multiple challengesRead full newsRead More
Global miner Rio Tinto Ltd reported lower quarterly iron ore output on Tuesday as wet weather and labour shortages impacted its mine and port operations in Western Australia.Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X) has commenced an over-10,000-metre drill program at the Hughes property near Tonopah, Nev. The program will consist of both reverse circulation (RC) and core drilling. An RC rig is currently in full operation on the project and two additional core rigs are scheduled to arrive within...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), will partner with the Worldwide Asset eXchange Blockchain ("WAX"), on the launch of an NFT-based collectible card game titled Bud Farm Nifty Stash (the "Partnership").Bud Farm Nifty Stash will be the newest launch from the Bud Farm universe by LDRLY, and the first NFT-based game for LDRLY and the LEAF group. This collectible c...Read More
Marex Spectron's Anna Stablum said last week's commodity price rises were due to the US dollar posting the biggest weekly drop since the week ended December 18.Copper rose a further 1.7% on the London Metal Exchange to US$9,384.25 per tonne yesterday, nearing a 9.5-year high reached in February, amid improving economic optimism.However nickel was lower as security concerns resurfaced in relation t...Read More
Worried about another March 2020-like crash on the horizon? Got defensive stocks on your mind?Well, you’re not the only one.Those seeking diversification and long-term growth with some serious defensiveness have come to the right place. I think these two top TSX gold stocks are worth taking a look at right now.So, let’s dive into it.Kirkland Lake Gold Kirkland Lake Gold (TSX:KL)(NYSE:K...Read More
Pilbara iron ore shipments on a 100% basis rose 7% to 77.8 million tonnes, just shy of Macquarie's forecast of 78.7Mt.Read More
The Liebherr-family owned business this week reported a 9.8% year-on-year dip in mining turnover to €964 million (US$1.1 billion) compared with last year's €1,069 million.Group sales across 13 product segments totalled €10,341 million in 2020, versus €11,750 million in 2019 - the highest level in five years.The Asia/Oceania region accounted for 60.8% of Liebherr's min...Read More
Share this article The Mining Association of Canada (MAC) welcomes several expanded and refined measures proposed in Budget 2021 to help position Canada for success on the "Mines to Mobility" pathway.Designed to support the establishment and growth of a domestic battery electric vehicle (BEV) supply chain, Budget 2021's proposed expansion of the Strategic Innovation Fund - Net Zero Accelerator to...Read More
Initial public offerings come and go but when they first go public, they are surrounded by hype that would make P.T. Barnum proud. There is an ass for every seat and a share for every speculator.The most recent stock to pass through Wall Street's spin machine was Coinbase Global (NASDAQ: COIN), which went public last week.It debuted at $380, popped to $430, where some unlucky schlub bought it, and...Read More
After years of neglect, uranium stocks have been enjoying time in the sun. What's interesting is that today's spot price of US$30 per lb., while considerably higher than it's multi-year low in 2016 of US$18 per lb., is still below the level needed for most producers to make a profit and well below that needed to incentivize new mine construction. There's no question that positive sentiment has b...Read More
This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on his view of the commodities 'supercycle' narrative, as well as copper, palladium and macroeconomics in general. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities...Read More
Vale (NYSE : VALE) has inked a deal to acquire Mitsui & Co's stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.The company is buying the 15% interest in the venture held by Japanese trading company Mitsui for a token fee (US$1), as well as Mitsui's interests in the Nacala L...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) is seeking to obtain more than US$1 billion from Turkey for what it deems as "unfair and inequitable treatment" of its Kirazli gold project, which has been halted since 2019 following protests and the expiration of the mining permit.The Toronto-based miner and its Netherlands units, which have had an active presence in Turkey since 2010, said the claim will be fi...Read More
Duterte signed Executive Order 130 on April 14, signalling an end to the moratorium implemented under 2012's Executive Order 79.Read More
Have you been seeing what's going on in the market lately?More specifically, what's been going on in the fuel cell sector?Since the start of 2021 stocks have been on a rollercoaster ride that is making some investors nauseous.The S&P 500 and Nasdaq have been reaching all-time highs at what seems like a weekly basis followed by days of volatility.Even crude oil prices had been recovering steadily a...Read More