This video looks at the fourth quarter 2021 results of 'Big Gold' the largest gold global gold producers, including production, ...Read More
Uis exceeded nameplate capacity by 12%, reaching 804 tonnes, as the company ran production hard in response to record tin prices.Read More
Share this article VANCOUVER - Asante Gold Corp. [ASE-CSE; ASGOF-OTC; 1A0-FSE] has identified a high-grade gold discovery in initial drilling at its South Russel prospect. The discovery is located on the company's 100%-owned Bibiani mining lease in Ghana, West Africa, 3.8 km from the process plant.The discovery hole, MGRCD21-047, returned 16 metres at 5.75 g/t gold, and was spotted to test anomal...Read More
"No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth."- Ronald ReaganThe Security and Exchange Commission (SEC) is getting into the act of bigger government by implementing new rules that will save the world and the people on it. These include envi...Read More
Canada's Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets.As part of the exclusivity agreement, Kinross' Russian subsidiaries will continue to operate the Kupol mine and other assets to maintain them properly.Kinross noted in a media release Tuesday afternoon that any...Read More
S&P Global Ratings has upgraded Barrick Gold's (TSX: ABX; NYSE: GOLD) long-term corporate credit rating a notch from BBB to BBB+.With a 'stable' outlook, S&P in a note said that the upgrade reflected Barrick's significant financial flexibility, noting a favourable view of Barrick's operating efficiency and breadth.S&P analysts expect Barrick's credit profile to remain highly resilient, even in a l...Read More
This week's episode features InTheMoneyStocks.com chief market strategist Gareth Soloway in conversation with host Adrian Pocobelli on recent developments in financial markets. Gareth explains the nature of technical analysis while giving his view on interest rates, the stock market, commodities and speculative asset bubbles. He also shares his take on recent movements in gold, which have a remark...Read More
The Toronto-quoted equity of Mountain Province Diamonds (TSX: MPVD) has achieved a new 12-month high on March 29 after the company overnight reported record free cash flow in 2021 and a massive impairment reversal attributable to positive changes in market sentiment and diamond prices.During the year 2021, Mountain Province sold a total of 3.16 million carats at an average price of $94 per carat (...Read More
Shares of Inomin Mines (TSXV: MINE) traded at its highest price in the last five years as the company reported new discoveries of nickel, magnesium and chromium at its Beaver nickel-cobalt property in south-central British Columbia. Highlights of the drilling from the early-stage property included 175.26 metres grading 0.178% nickel, 93 parts per million (ppm) cobalt, 0.362chromium and 21% magn...Read More
Osisko Development (TSXV: ODV) has closed the second tranche of its previously announced non-brokered private placement. More than 9.4 million subscription receipts of the company were issued under this tranche at a price of US$3.50 each, for additional gross proceeds of approximately US$32.8 million.This, together with the US$84.8 million brought in under the first tranche, brings the total size...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following Australia's Foreign Investment Review Board (FIRB) approval of the transaction.The world's second-largest miner saw its lithium ambitions partially crushed in January after Serbia revoked Rio Tinto's licence for the US$2.4 billion Jadar project on environme...Read More
Canada Silver Cobalt Works CEO Frank Basa and President Matt Halliday joined Steve Darling from Proactive to share news the company has received the first th...Read full newsRead More
Share this article TORONTO - York Harbour Metals Inc. [YORK-TSXV, YORKF-OTCPK, 5Deo) has released another batch of drill results from Phase 2 drilling at the York Harbour copper-zinc project in Newfoundland.The company described the results released on Monday as the best intersections of grade and length to date.Drilling highlights include hole YH21-24, which returned 29 metres of 5.25% copper, 4...Read More
Shares of Pure Gold Mining (TSXV: PGM) fell to its lowest in a year after the company announced it will need to raise funds within the next 30 days to fund its operations and service the interest on its debt. The company, which operates the PureGold underground mine, located in Red Lake, Ont., said its cash balance stands at about $9 million. "Over the next six months [Pure Gold] will require...Read More
Osisko Metals (TSXV: OM; OTC: OMZNF) has signed an option to purchase the former Gasp?(C) copper mine from Glencore Canada. The mine, located near Murdochville, Quebec, was developed and operated by Gasp?(C) Copper, a subsidiary Noranda Mines.Osisko has agreed to make an up-front payment of US$25 million to be paid by way of a convertible note when the arrangement closes. A further US$20 million w...Read More
The S&P/TSX Venture Composite Index rose 19.65 points or 2.3% over the Mar. 21-25 trading week to end at 866. The top two gainers on the Venture Exchange by value for the period were both lithium companies. After more than quadrupling in value last year, the price of battery grade lithium carbonate has only continued to gain momentum this year.Shares in Sigma Lithium, which is also listed on the N...Read More
Over the Mar. 21-25 trading period, the S&P/TSX Composite Index fell 3.19 points or 0.014% to 22,005.94. The S&P/TSX Global Mining Index increased 2.06 points or 1.61% to 127.39 and the S&P/TSX Global Base Metals Index rose 4.35 points or 1.92% to 226.52. The S&P/TSX Global Gold Index rose 0.29 points or 0.08% to 350.04 and spot gold ended the weekUS$18.75 per oz. higher, or 0.95%, at US$1,953.80...Read More
The Dow Jones Industrial Average rose 308.25 points or 0.88% to 34,861.24 and the S&P 500 rose 81.88 points or 1.80% over the week to 4,543.06. Shares of Gatos Silver fell 17.3% or 91 ? to $4.36. The company said that it intended to delay the filing of its annual report for 2021 beyond the prescribed deadline of Mar. 31, 2021. The company is focused on producing a new life-of-mine plan and upda...Read More