The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index climbed 6.49% to 172.36. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per oz., and the S&P/TSX Global Gold Index increased by 3.49% to 312.62.Barrick Gold gained $1.24 to finish the week at $27.81 pe...Read More
The development of each project has been halted by community resistance centred on fears about contamination of water sources."We have already decided this. Conga and Tia Maria are unviable cases. I have been a watchman and as a social fighter, I defend the aquifer buffers," Castillo said in Cajamarca, according to local press."We must respect mining extraction has to take place where nature and m...Read More
GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) is focused on becoming a significant uranium producer through the continued exploration and development of its flagship, mine-permitted Madaouela Project, in Niger, its mine-permitted Mutanga Project, in Zambia, and its multielement Falea Project, in Mali. We learned from Daniel Major, CEO and Director of GoviEx Uranium that the uranium outlook is ext...Read More
The S&P/TSX Venture Composite Index fell 1.55% to finish the trading week at 944.46. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce.Gold Mountain Mining climbed 48 ? to $1.92 per share. The company reported high-grade intercepts from the down-dip portion of its Phase 1 drill program on its 100%-owned Elk gold project in south-central British Columbia, about 325 km northeast o...Read More
The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce. Rio Tinto jumped US$5.39 to US$84.79 per share. The company has increased its 2021 exploration budget for the Citadel copper-gold project in Western Australia, a joint venture with junior Antipa Minerals. Rio Tin...Read More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
Barrick Gold (TSX:ABX)(NYSE:GOLD) has been one of my top picks in the gold mining space for quite some time.The fact that Warren Buffett, one of the best investors of all time, showed interest in this stock certainly makes it an option worth considering for investors. Nevertheless, there’s some concern with this stock in the near term. Let’s dive into the details.Profit-sharing deal wi...Read More
In their search for future mines, many companies are turning to the Far North as existing resources are depleted. The North features favourable geology, mining-friendly policies and is much less explored than more established destinations to the south. Below, we provide an overview of eight companies focused on the northern portion of this continent.Gold TerraGold Terra Resource (TSXV: YGT; US-OTC...Read More
Fund manager Adam Rozencwajg appeared on the show six months ago and accurately predicted that oil would outperform gold.Read More
Are investment returns set to go to the moon? Some are, according to Raoul Pal. He unveiled his age of exponential returns thesis on Friday which is filled with optimism about the future. Air Canada (AC) is one stock that we do not envision going to the moon, however.Meanwhile, earlier in the week, we published our Top 40 for April, where we have found some opportunities that are grounded in the o...Read More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
The CRA has probably been in the headlines more times in 2020 than the past five years put together. The department has been on the frontline, battling the financial repercussions and consequences of the pandemic. The CERB and CRB programs, along with other benefit payments targeting the financial victims of the pandemic, were the primary reason why the CRA was highlighted last year, but there hav...Read More
FireFox Gold Corp. is pleased to report that it has encountered cRead full newsRead More
About 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped following the green light from Beijing.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.China is the world's biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged...Read More
China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.China is the world's biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged...Read More