Share this article TORONTO - Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] said Monday April 5 that it has noted the statement by Papua New Guinea Prime Minister James Marape announcing an imminent agreement to reopen the Porgera gold mine.Barrick and the government of Papua New Guinea have continued to hold constructive discussions on a framework agreement for the recommissioning of Porgera, which has...Read More
A new record high for the S&P 500 last week and anticipation of Federal Reserve Chairman Jerome Powell's commentary, expected to be released Wednesday, set the stage for another important week in the markets.Ahead of this release, the central bank revised its economic projections, with strong expectation that real GDP will grow 6.5% this year. The growth trends behind this dramatic increase are a...Read More
The recent grounding in the Suez Canal of the Ever Given, a 20,000 TEU container ship, has highlighted the fragility of global oil supply and need for more resilient supply chains as well as alternative energy sources. The good news is that a shift is already underway and investors are betting on it. By this, I mean decarbonization and how 2021 is going to be a pivotal year despite the pandemicThe...Read More
Assay results from 2020 drilling at the Colomac deposit and Treasure Island zone at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Indin Lake gold property in the Northwest Territories suggest potential for higher-grade zones and additional gold mineralization at depth. The latest results included assays for 10 holes completed at Colomac and three intercepts from Treasure Island, 10 km north of Coloma...Read More
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) to add a 50% share of the Roger copper-gold project in Quebec's Chibougamau district to its portfolio of copper-gold holdings in the region.In exchange for this acquisition, QC will need to pay $1 million and issue 5.5 million of its shares to the vendor. Based on its las...Read More
The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted to Rusoro Mining (TSX-: RML) in its decade-long dispute with Venezuela.In 2016, the International Center for the Settlement of Investment Disputes granted the Canadian miner a US$966.5 million award, following the expropria...Read More
The S&P/TSX Composite Index rose 1.27% to 18,990.32 during the March 29-April 1 trading week. The S&P/TSX Global Mining Index climbed 1.34% to 104.02, and the S&P/TSX Global Base Metals Index increased by 0.92% to 157.88. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per oz., and the S&P/TSX Global Gold Index jumped 3.10% to 295.36.Kirkland Lake Gold rose $2.37 to $44.44 per share. The co...Read More
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce.Rusoro Mining rose 2 ? to 8 ? per share. At the end of March, the French Supreme Court overturned a decision by the Paris Court of Appeal that had annulled part of the damages portion of the arbitral award granted to Rusoro in its decade-long dispute...Read More
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30 per ounce. AngloGold Ashanti jumped US$1.95 to US$22.98. Interim CEO Christine Ramon said on March 31 that the company does not need to pursue mergers and acquisitions and won't add scale for its own sake, dampening specul...Read More
Stung by the collapse of Asia's top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading, which has left creditors on the hook for billions of dollars.Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
Last year provided some real economic turmoil via the COVID-19 pandemic. Indeed, governments have responded accordingly. Tremendous amounts of stimulus have improved the economic outlook. However, these stimulus measures have also brought about increasing inflation expectations.Some investors are becoming concerned that inflation and rising bond yields could result in some volatility on the horizo...Read More
Wealthsimple Trade is Canada's first $0 commission stock trading app - sign up now and you'll get $10 to trade.Read More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
Houston, TX - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") provides the following update on its corporate activities for the first quarter of 2021.SALES UPDATEThe Company sold 53,009 tons of frac and industrial sand during Q4 2020, compared to 49,248 tons in Q3 2020.Based on current and expected market conditions, the Company anticipates sales volumes of frac and industrial san...Read More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
Today, there’s now hope and excitement the pandemic could be finally behind us. Mass vaccination rollouts and rising inflation expectations signal this.Indeed, investors are hoping the stock market continues to inflate along with real assets. While stocks may take a breather, and volatility may arise, investors need to stay level-headed and approach portfolio construction with the long term...Read More
When the March 2020 crash first happened, investors were quick to pick up gold stocks. This is what’s happened ever crash that’s ever happened, so it was likely to happen yet again. But investors were then also quick to drop them once they saw the tech stocks were actually where the money was.But I urge investors looking to invest in strong gold companies to reconsider these stocks. Go...Read More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More