Alrosa, the world's top diamond miner by output, says the industry has "fully recovered" from the Covid-19 pandemic as a structural production decline paired with growing end-user demand are pushing prices past levels reached in 2019. In its yearly diamond investment market report, the Russian producer said that jewellery sales have risen sharply in the past few months and are expected to exceed...Read More
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states.The market researcher's prediction is based on its own data that show that in 2021, the aggregate annual global nonferrous exploration budget has increased by 35% year over year to US$11.2 billion from US$8.3 billion in 2020, signa...Read More
The S&P/TSX Composite Index rose 511.8 points or 2.51% to 20,928.10 during the Oct. 11 to Oct. 15 trading week. The S&P/TSX Global Mining Index increased 5.73 points or 6.02% to 100.85, and the S&P/TSX Global Base Metals Index rose 14.82 points or 9.3% to 174.39. The S&P/TSX Global Gold Index advanced 12.9 points or 4.8% to 281.74, and spot gold climbed US$10.30 per oz. to finish the week at US$1,...Read More
The Dow Jones Industrial Average rose 548.51 points or 1.58% to 35,294.76 and the S&P 500 climbed 80.03 points or 1.82% to 4,471.37 in the Oct. 11-15 trading week. Spot gold increased US$10.30 per oz. or 0.59% to US$1,767.40 per ounce.Aluminum giant Alcoa posted the largest gain, rising US$9.97 per share to US$56 per share. High prices for aluminum and alumina drove record results for the third qu...Read More
The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40 per oz., up US$10.30 per oz. or 0.59%.Rock Tech Lithium surged $3.85 to $8.65 per share. The company announced it is planning to build Europe's first lithium converter - a production plant for battery -grade lithium hydroxide - in Guben, Brandenburg....Read More
Dear Outsider,A lot of bad things can happen in three seconds...I learned that the hard way this week as I was driving my kids to the Mount Everest restaurant, the three of us eagerly awaiting some delectable Nepalese cuisine. This particular restaurant is only about a mile from my home. So we piled into my Jeep and took off down the road, which goes through a sleepy residential neighborhood with...Read More
The Spotlight team had the pleasure of spending several days with Aurion Resources (TSXv: AU; OTCQX: AIRRF) on their ...Read More
TSX-V: DSV, OTCQX: DSVSF) DSV NEWS: https://discoverysilver.com/news/2021/ DSV Twitter: https://twitter.com/DiscoverySilver ...Read More
We believe Cordero is a Tier 1 silver asset whose true value is only now being unlocked. Cordero is considered one of the world's ...Read More
FPX Nickel Confirms Significant New Discovery in Maiden Drilling at Van Target; First Hole Returns Among Highest-Grade ...Read More
Chinese tech is bouncing! Is this the bottom? In this video I'm going to share my expert opinion on whether or not I think that this is ...Read More
Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce the closing of two previously announced (see Electric Royalties September 8, 2021 release) royalty purchase and sale agreements to acquire, in the aggregate, a 1% Net Smelter Royalty (the "1% NSR") on licenses comprising core strategic tenure at the Cancet Lithium Project situated in Quebec, Canada...Read More
Investment to bring new American plant, production, jobs with focus on carbon neutralityRead full newsRead More
Oil patch names continue to hit our screens. Meanwhile, Canada is number one, and not in a good way.Insiders buy as Whitecap Resources makes new highsClick here to read our latest free Insights newsletter that keeps you up-to-date with the key themes and trends on the INK platform. Read More
Cash copper on the London Metal Exchange closed up 4% to US$10,538 per tonne, with global stockpiles at reported all-time lows.Three-month copper rose almost 3% to $10,281/t, nearing its peak of $10,747.50/t reached in May.Adding to supply concerns due to energy shortages, copper bulls have also pointed to the further delays and growing cost blow-out at the Rio Tinto-operated Oyu Tolgoi copper-gol...Read More
Share this article VANCOUVER - Group Eleven Resources Corp. [ZNG-TSXV] has intersected a wide interval of significant copper and silver mineralization at its Denison copper-silver prospect within its 100%-owned PG West project, Ireland. The intercept confirms previously known mineralization and in part expands the outer boundary of its assayed lower-grade envelope.G11-4474-01 intersected 116.7 me...Read More
Just in time for Halloween, something spooky is happening in the energy market: Coal is crawling out of the grave to reclaim its old seat at the table.After what we all assumed was certain defeat at the hands of cheap natural gas and renewable energy, the ghost of energy past is back to haunt us once again.In the U.S., coal consumption topped out at 1.1 billion tons all the way back in 2007. Ever...Read More
Vale reported today that it has once again halted operations at its On??a Puma nickel mine after Brazil's state of Par?? obtained a court order to reinstate the suspension of the venture's operating license.Operations at On??a Puma were first halted in early October, but a judge granted Vale an injunction on October 7 allowing it to resume activities.The suspension comes after a new decision by a...Read More
The Pallinghurst Group is raising its stake in Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) and taking an initial stake in Talon Metals (TSX: TLO).Pallinghurst's graphite subsidiary is increasing its interest in Nouveau Monde Graphite to 21% from 15.2% with the conversion of the outstanding $15 million principal amount of Nouveau's convertible bond to common shares.Pallinghurst, a global investor...Read More
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest's Wyloo Metals, over the latest offer from BHP (NYSE: BHP; LSE: BHP; ASX: BHP). Wyloo's 70 ? per share proposal represents a superior value for shareholders, Noront said,...Read More