Gold stocks should be valued relative to peers and the current gold price says professional mining investor David Erfle.Read More
Geologists can tell a lot about a rock and its formation environment through visual inspection in the field. But quantitative values of ...Read More
Gold futures ended higher on Friday for a second straight day, with bullion posting its sharpest weekly percentage rise of the year.Read full newsRead More
Mining giant Rio Tinto Plc has tried for more than a quarter century to launch Arizona's Resolution copper project, which would be one of the world's largest underground mines.Read full newsRead More
A battery isRead full newsRead More
Carbonate prices have doubled year-to-dateRead full newsRead More
Early last year, Darrin Lewis paid $800,000 for a hardware store in a tiny Arizona town where mining giant Rio Tinto Plc hopes to build one of the world's largest underground copper mines.Read full newsRead More
CEO Poddar hoping to capitalise on rising investor interest in graphiteRead full newsRead More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") wishes to clarify information related to the cease trade order ("CTO") issued by the British Columbia Securities Commission ("BCSC") on April 8, 2021, due to a financial reporting discrepancy on filing deadlines (Citation: "2021 BCSECCOM 140", link here).This CTO does not impact the trading of its common shares...Read More
MySteel 62% iron ore fines were up 2.9% to $177.50 per tonne.Vale shares (BZ: VALE3) reached an all-time high of BRL109.11 intraday on Friday.In Australia, the S&P/ASX 200 looks set for a positive day as the index nears last year's record high of almost 7,200 reached in February last year."In equity land, the AUS200 looks hot too, with eyes on a move towards 7100," Pepperstone head of res...Read More
Pure-play uranium miners have been out of favour for some time. Investors may remember the terrible Fukushima Daiichi nuclear disaster. This past decade has been relatively terrible for uranium stocks, as a prolonged period of low commodity prices ensured.That said, we’re now starting to see a major recovery in uranium prices. Once again, green energy is back in the limelight. And nuclear po...Read More
Although TSX stocks at large exhibit premium valuations amid their all-time highs, many Canadian names are still trading below their fair values. They could soon catch up and deliver decent returns to investors. Here are three undervalued TSX stocks for long-term investors.The North West CompanyThe North West Company (TSX:NWC) is a $1.7 billion Canadian retailer that sells food and everyday p...Read More
TSX stocks at large have gained around 50% in the last 12 months. Despite the strong gains, markets seem in great shape and could continue to rally. Aggressive vaccinations and an ongoing economic recovery will likely play well for stocks in the short to medium term. Here are the three top TSX stocks that offer decent growth prospects for the long term.Constellation SoftwareTop tech company Conste...Read More
While the TSX Index trades near record highs, investors can still find undervalued stocks that offer huge upside potential this year.Why Barrick Gold stock looks cheap right nowBarrick Gold (TSX:ABX)(NYSE:GOLD) traded for $38 per share in early November when gold fetched around US$1,950 per ounce. Gold is down less than 10% from that level today, but Barrick Gold stock is off about 27%.The mining...Read More
While all 26 reverse circulation holes drilled at the Chinook prospect hit visual zinc-lead mineralisation, two holes were fast-tracked to the lab for assays and have confirmed a discovery.Read More
The company will issue 25 million shares at 29c each, a 10.8% discount to the last close.Argonaut Securities was lead manager to the placement.K2Fly said the placement was strongly supported by institutions and sophisticated investors with specific knowledge of the resources sector."The strong support from the investment community, particularly from new institutional investors, is testament that K...Read More
Be careful what you wish for.The moment President Biden set foot in the White House, it was clear he planned on following through with his campaign promises.The new paint wasn't even dry in the Oval Office when he put the kibosh on the Keystone XL pipeline. Of course, we talked before about how that decision may have a few unintended repercussions.But given the ludicrous speed at which today's new...Read More
Lithium miners Galaxy Resources (ASX: GXY) and Orocobre (TSX: ORL; ASX: ORE) have agreed to a merger that would create a US$3.1 billion (A$4 billion) company, set to be the world's fifth largest producer of lithium chemicals, the refined form of the raw material used to make EV batteries.The business combination, the biggest mining sector deal of the year so far, will unlock significant synerg...Read More
Equinox Gold (TSX: EQX; NYSE: EQX) has sold its Pilar gold mine in Brazil for US$38 million in cash as part of a portfolio optimization strategy that includes increasing its stake in the Greenstone project in Ontario, Canada.As part of the deal, buyer Pilar Gold Inc. is also giving Equinox a 9.9% equity interest in the gold mine and a 1% net smelter returns royalty on production.Pilar, a complex...Read More
I've covered the mining industry for more than a decade and during that time have had many opportunities to listen to presentations and speeches by Ivanhoe Mines' founder Robert Friedland. I also interviewed him at length for an article about his career when The Northern Miner gave him a Lifetime Achievement award in May 2017.But I think his remarks last week at the CRU World Copper Conference wer...Read More