Mining Stocks Articles

Why Shares of New Gold, Endeavour Silver, and Coeur Mining Are Soaring Today

Tue Oct 11 05:40:35 2022 / Staff reporter

Gold and silver prices are rising -- and investors are taking note.Read full newsRead More

12 Best Gold Mining Stocks to Buy Now

Tue Oct 11 02:41:19 2022 / Staff reporter

In this article, we discuss 12 best gold mining stocks to buy now. If you want to see more stocks in this selection, click 5 Best Gold Mining Stocks to Buy Now. As per a Bloomberg report dated October 9, investors in the West are dumping their gold assets, while Asians see the tumbling prices [...]Read full newsRead More

Zuckerberg and Facebook Are Sitting on Gold. They Need to Mine It.

Tue Oct 11 02:41:17 2022 / Staff reporter

Social-media giant Facebook will showcase its new mixed-reality headset on Oct. 11. But something else is key to its resurgence.Read full newsRead More

South African gold mining slump highlights 'failed state in progress'

Tue Oct 11 02:41:13 2022 / Staff reporter

South Africa's decline as a gold producer will accelerate without policy and administrative overhaul.Read full newsRead More

Gold refiner delisted amid Amazon mining probe

Tue Oct 11 02:41:11 2022 / Staff reporter

Illegal airstrips, toxic mercury ponds and forest-wrecking heavy machinery have proliferated as prospecting for gold on Indigenous lands and other protected areas has exploded in recent yearsRead full newsRead More

Big Brazilian gold refiner delisted amid Amazon mining probe

Tue Oct 11 02:41:05 2022 / Staff reporter

One of Brazil's biggest gold refiners, which processes gold suspected of being mined illegally in the Amazon rainforest, has been stripped of an important industry seal of approval that global manufacturers from Apple to Tesla rely on to root out abuses in their supply chainsRead full newsRead More

South African Transnet strike hits exports

11 October 2022 / Nathan Richardson

The company said it received the notice on 7 October, which is due to strike action by Transnet's unions."We have implemented contingency plans to safeguard our assets and minimize the impact on operations," Kumba said."However, as a result of the disruption to Transnet's rail and port services, the estimated impact on production is approximately 50,000tpd for the first seven days and thereafter,...Read More

Ferrexpo halts production after power disruptions

11 October 2022 / Staff reporter

Russian missile strikes have damaged Ukraine's state-owned electrical infrastructure, limiting the power supply available to Ferrexpo.Read More

Defense Metals drills 3.58% TREO over 124 metres at Wicheeda, British Columbia

October 11, 2022 / Editor

Share this article VANCOUVER - Defense Metals Corp. [DEFN-TSXV; DFMTF-OTCQB; 35D-FSE] reported high-grade Rare Earth Element (REE) assay results from an additional two core drill holes, totalling 717 metres, collared from the same site within the northern area of the 100%-owned Wicheeda REE Deposit 80 km northwest of Prince George, central British Columbia.Infill drill hole WI22-68 (-55? ? dip...Read More

Are Protests in Iran Being Sparked by Economic Woes?

October 11, 2022 / Jeff Siegel

Check out this recent headline from The New York Times...While economic strife can certainly contribute to rebellion, the catalyst for this recent uprising is not lack of wealth. It's a lack of freedom.These protests didn't start because the price of food went up.These protests began in response to the death of Mahsa Amini, a 22-year-old woman from the Kurdish city of Saqez. You see, on Sep...Read More

Cameco and Brookfield Renewable agree to US$7.9B Westinghouse nuclear services buy

October 11, 2022 / Posted Henry Lazenby

Canada's largest uranium producer Cameco (TSX: CCO) has announced a significant expansion into the nuclear services sector after agreeing to buy U.S.-based Westinghouse Electric with Brookfield Renewable Partners (NYSE: BEP) in a US$7.9 billion deal, the companies announced on Tuesday.Brookfield Renewable and its institutional partners will own a 51% interest in Westinghouse, while uranium fuel su...Read More

Burkina Faso's second military coup of 2022 raises risks for miners

October 11, 2022 / Posted Henry Lazenby

Burkina Faso-focused miners say operations have not been affected following a second coup d'?(C)tat on Sept. 30 that saw the country's president Lt.-Col. Paul Henri Sandaogo Damiba overthrown after only nine months in power.While local mining operators face growing security, logistical and financing issues, they appear to remain bullish on the jurisdiction, with no announcements emerging of reduce...Read More

The Northern Miner Podcast - episode 312: Mining industry communication 'has to shift', ft Stratalis' George Hemingway at the Global Mining Symposium

October 11, 2022 / Posted Adrian Pocobelli

This week's episode features George Hemingway, Managing Partner Head of Innovation Practice, Stratalis, in conversation with Northern Miner production editor Blair McBride at the Q3 Global Mining Symposium. George discusses how the mining industry needs to take a more personal approach to persuade younger people to have a more positive view of it.All this and more with host Adrian Pocobelli. "R...Read More

US markets rise over Oct 3-7 session

October 11, 2022 / Colin McClelland

The Dow Jones Industrial Average?EUR?rose?EUR?571.28 points or 1.99% to?EUR?29,296.79 and the S&P 500?EUR?gained 55.04 points or 1.51% over the Oct. 3-7 trading week to?EUR?finish at 3,639.66.?EUR? Vale added US$1.10 to US$14.42, though down from the week's high of US$15.19 per share, after the world's largest nickel and iron ore producer said it would reorganize its Brazilian base metals operati...Read More

TSXV ekes out a gain in Oct. 3-7 trading week

October 11, 2022 / Posted Henry Lazenby

The S&P/TSX Venture Composite Index gained 13.89 points or 2.3% over the Oct. 3-7 trading session to end at 608.02, after reaching an intra-week high of 623.23 on Oct. 4.Sigma Lithium was this week's top value gainer, adding $1.37 per share to close the week at $38.84. Sigma's share price has surged more than 270% in the past 12 months as lithium prices continue to rise, bolstered by renewed aware...Read More

TSX inches higher over Oct 3-7 trading week

October 11, 2022 / Colin McClelland

Stocks rose slightly over the Oct. 3- 7 trading period as the Organization of Petroleum Exporting Countries and 10 other large crude oil producers such as Russia (OPEC+) agreed to limit output, helping energy and gold company shares. Stock markets continued to show volatility while digesting central banks' drive for higher interest rates to quell inflation while the United States dollar eased. Th...Read More

Azimut's Patwon gold zone named AEMQ Discovery of Year

October 11, 2022 / Posted Marilyn Scales

Azimut Exploration (TSXV: AZM; OTC: AZMTF) has received the Discovery of the Year award from the Mineral Exploration Association of Quebec (AEMQ) for the discovery of the Patwon gold zone on the company's 100%-owned Elmer property.The award is granted to highlight the importance of a new discovery that has a ripple effect on exploration activities both on the property and in the surrounding area.T...Read More

GMS: Mining veteran Doug Silver on the 'massive role' of Canadians in global mining

October 11, 2022 / Posted Alisha Hiyate

Canadians may be a modest bunch, but when it comes to our importance in the global mining industry, we could stand to brag a little. At The Northern Miner's Q3 Global Mining Symposium in late September, Douglas Silver presented data showing Canada leads the world in exploration spending (US$800 million per year vs. US$530 million for runner-up Australia); in capital spending on mining (accounting...Read More

De Beers names Equinor's Cook as new CEO

October 11, 2022 / Posted Cecilia Jamasmie

De Beers, the world's top diamond producer by value, has appointed oil and energy industry executive Al Cook as its new chief executive to replace Bruce Cleaver, who leaves the top job after six years at the helm.England-born Cook, with 25 years in the energy industry and currently vice-president of Norwegian oil major Equinor's exploration and production business, will assume leadership of De...Read More

Vital Metals bails on Quebec rare earths projects

October 11, 2022 / Posted Cecilia Jamasmie

Australia's Vital Metals (ASX: VML), the first rare earths producer in Canada, has walked away from a deal with Quebec Precious Metals Corp. (TSX-V: QPM) to buy the junior's Zeus project and a 68% stake in the Kipawa heavy rare earths, inked last year.Vital's new management informed QPM that it had not been satisfied with the results of its due diligence on the projects, in particular the abilit...Read More

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