Global demand and supply for the commodities these two mining stocks produce improved considerably recently. The outlook for 2021 is positive.Iron ore prices are up, driven by high Chinese demand and lower outputs in Brazil.Mining stocks had a nice run over the last weeks of 2020. Since the beginning of November, the S&P/TSX Global Base Metals Index rose by nearly 30 per cent by year-end, thanks t...Read More
Powell said developments including COVID-19 vaccinations pointed to "an improved outlook for later this year" but said the bank's accommodative monetary policy would be maintained for "some time"."We expect that it will be appropriate to maintain the current accommodative target range of the federal funds rate until labour market conditions have reached levels consistent with the committee's asses...Read More
The dam is part of the Itabira complex in Minas Gerais state and has the potential to produce about 10% of Vale's targeted production.Vale said the emergency level had been removed after a thorough analysis of the dam's geotechnical characteristics.The miner had stopped disposing tailings in the dam in October 2019, after its own assessment and in agreement with external inspection bodies. Va...Read More
Share this article CALGARY - Nevada is the most attractive jurisdiction in the world for mining investment followed by Arizona (2nd) and Saskatchewan (3rd), according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank."The Fraser Institute's mining survey is the most comprehensive report on government policies t...Read More
After a massive run for a year, the market is down today, led by Tesla, which dropped about 200 points before bouncing back. As I write this, the Nasdaq is down 1.73%.There is no question that the market is overvalued in terms of historic measurements like market cap-to-GDP, margin levels, and number of stocks without earnings.The question is does the end of the pandemic, the reopening of the mark...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has released an initial resource estimate for the Ormaque deposit within its Lamaque operation in Quebec. The deposit, halfway between the operating Lamaque-Triangle mine and the Sigma processing facility, includes 2.6 million inferred tonnes at 9.53 grams gold per tonne, and contains 803,000 gold ounces. Ormaque is also next to an ore haulage decline that is un...Read More
Toronto-based gold and copper producer Dundee Precious Metals (TSX: DPM) has announced the results of a prefeasibility study on its Timok gold project in Serbia, as well as the decision to go ahead with a feasibility study.The latest engineering study outlines an 8-year, approximately 6,925 tonne-per-day heap leach open pit mine, producing an average of 80,000 gold oz. annually in its first six ye...Read More
Copper was already trading near eight-year highs in January but prices for the red metal surged again in mid-February, with March contracts reaching US$4.12 per lb. on Feb. 22 - nearing an all-time high of US$4.58 per lb. in 2011, as investors bet that supply tightness will increase as the world gradually recovers from the Covid-19 pandemic. Natalie Scott-Gray, a senior metals analyst at StoneX...Read More
The U.S. state of Nevada is the new most attractive region for mining investors, replacing iron ore-rich Western Australia in the 2020 survey of resource and exploration companies released today by the Fraser Institute.The new version of the think-tank's popular ranking is based on answers from 276 participants, which provided sufficient data to evaluate the overall investment attractiveness of...Read More
This week's episode features Rio Tinto's conference call with new CEO Jakob Stausholm, who outlines his vision for the company after 'a year of extremes' in 2020. The call also includes Interim Chief Financial Officer Peter Cunningham, who gives an update on the fundamentals of the world's second-largest miner. This week's Mining Minute features Micromine's Derek Cooper, General Manager for North...Read More
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador's main mining district in the southeast, as geophysics revealed a much more extensive porphyry system than previously anticipated."It's a much larger, more extensive system than surface geochemistry and mapping implied," said Solaris CEO,...Read More
We've talked a lot about renewables and energy over the years around here. We've brought a lot of that to you.However, our coverage - while I stand by it - leaves a whole lot we haven't discussed.Sure, we talk a lot about transportation and how battery power fails to scale well to heavy vehicles. It will drive alternative power source engineering and manufacturing for decades to come, but that is...Read More
NexGen Energy Ltd., is pleased to announce the robust environmental and economic results of its independent Feasibility Study ...Read More
Rover Metals has launched its campaign on the Investing News NetworkRead full newsRead More
MacDonald Mines Exploration Ltd. is pleased to announce the appoiRead full newsRead More
FenixOro Gold Corp is pleased to announce the recently received rRead full newsRead More
Arizona Gold has launched its campaign on the Investing News NetworkRead full newsRead More
Metals Creek Resources Corp. is pleased to announce it has receivRead full newsRead More
Spruce Ridge Resources Ltd. is pleased to report the value of itsRead full newsRead More
Empress Royalty Corp. is pleased to announce it has executed a 2.Read full newsRead More