Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More
Just like the rodeo, today's market environment is full of thrills. In the Energy sector, we are seeing small companies eating the lunch of bigger names when it comes to returns. The sector is also confronting climate change, and that is opening up opportunity for investors.The latest Insights: Energy fun and financial disruption (image by Jaimie Harmsen on Unsplash)All that in the latest Insights...Read More
Lundin Mining (TSX:LUN) is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States, primarily producing copper, zinc, gold, and nickel. Lundin Mining’s current principal products and sources of sales are copper, zinc, and nickel concentrates from several mines such as Candelaria, Chapada, Eagle, Neves-Corvo, and Zinkgruvan....Read More
"An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd."- Benjamin GrahamGold looks set to post one of its worst-performing quarters in years.The yellow metal started the year off strong, trading for over $1,900 an ounce. But rising U.S. Treasury yields and a stronger dollar served to depress gold prices over the past several week...Read More
S2 Resources (ASX: S2R) is a greenfields explorer, targeting "company making" precious and base metal discoveries, in mining friendly jurisdictions of Australia and Finland. The Company is building a pipeline of new belt-scale projects and drill-ready prospects, in highly endowed, but under-explored and/or emerging districts. We learned from Matthew Keane, CEO of S2 Resources that in 2020 they exp...Read More
Mark Jarvis, CEO and Director of Giga Metals Corporation (TSX.V: GIGA, FSE: BRR2) aims to be a premier supplier of the key battery metals for electric vehicles: Nickel and Cobalt. They recently released an updated preliminary economic assessment (PEA). The Company's Turnagain Project, located in north central British Columbia, is among the largest undeveloped nickel-cobalt sulfide deposit in the w...Read More
Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was scuttled last year by China's Zijin Mining.The combination of assets - Gran Colombia's producing Segovia operations and Gold X's Toroparu advanced gold project in Guyana - would create a new "Latin American-focused...Read More
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered into a definitive arrangement agreement with Evolution agreeing to acquire all of the Battle North shares outstanding.The $343-million cash offer represents a 46% premium to Battle North's las...Read More
Former Xstrata boss Mick Davis' newly founded battery metals investment firm Vision Blue Resources is stepping up efforts to reach the goal of becoming a battery metals giant by launching a US$300 million special-purpose acquisition company.ESM Acquisition Corp. (NYSE: ESM), co-sponsored by Vision Blue Resources and private equity mining investor The Energy and Minerals Group, floated in the U.S....Read More
With a resource estimate for the Berry zone at Marathon Gold's (TSX: MOZ) Valentine gold project underway, the company recently released assay results from its 2021 drilling for seven holes drilled within the 1.5-km target.The latest results included a deeper drillhole assay from the less-explored central portion of Berry that returned 22 metres of 6.57 grams gold per tonne starting at 232 metres....Read More
Sudan is moving forward with plans to reopen a network of mines that at one stage produced a third of the nation's gold and that were until last year linked to the family of the country's most powerful militia leader.The Mining Ministry said on March 15 that it had sent a team from the General Authority for Geological Research to determine how soon the North Darfur mines can resume production.The...Read More
Fortescue Metals Group (ASX: FMG), the world's fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its closest rivals BHP, Rio Tinto and Vale.The Australian miner said its subsidiary Fortescue Future Industries (FFI) will be a key enabler of the new target through the development of green electric...Read More
Newmont (TSX: NGT; NYSE: NEM), the world's No. 1 gold miner, is acquiring all the shares it doesn't already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal valued at about US$311 million ($393 million).The transaction will see the U.S. mining giant buying the remaining 85.1% of common shares of GT Gold it doesn't already have for $3.25 per share in cash. The figure represents a 38%...Read More
February 18, 2021- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) provides its annual operational outlook for the New AftonRead full newsRead More
March 11, 2021 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 11, 2021 / Gambier Gold Corp. (TSX-V:GGAU) (theRead full newsRead More
The updated resource estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021.Read full newsRead More
"On March 12, 2020, as the pandemic spread through the US, the S&P 500 plunged 9.5% in its steepest one-day fall since 1987."On Friday, it closed up 0.1% to a new record closing high of 3,943.34.Later this week, markets will be watching out for the results of the US Federal Reserve's Federal Open Market Committee meeting."My own view is they leave their rates projections unchanged, which shoul...Read More
The breathtaking image belies a dark history of environmental destruction.Read full newsRead More
With gold cooling off after peaking in 2020, investors are turning towards silver and mining stocks of silver miners as a long-term game plan. Silver has been reacting to the raw demand that’s filling its pipeline. For this reason, The Silver Institute forecasts global silver demand to rise by 11% in 2021 to reach an eight-year high. As the industrial demand is nearing a four-year high of 5...Read More
Kirkland Lake Gold (TSX:KL)(NYSE:KL) is a senior gold mining, development, and exploration company. The company’s diversified portfolio of assets are located in the stable mining jurisdictions of Canada and Australia with a significant pipeline of high-quality exploration projects. The production profile of the company is anchored by two high-grade, low-cost operations.Valuable hidden assets...Read More