Gold stocks sold off in recent weeks amid a wave of positive COVID vaccine announcements. Value investors with a contrarian investing strategy are wondering if this is a good time to add gold miners to their portfolios.Gold price outlookAt the time of writing gold trades near US$1,840 per ounce. That’s down from the August high around US$2,080. The pullback over the past four months has been...Read More
The company has said Tamarack was positioned to become the only US source of "green nickel", following Tesla's call for clean nickel and the expected growing demand for the battery mineral.Talon said the over-allotment option for its offering, also priced at 30c per share, was exercised in full.Talon can acquire up to 60% of Rio Tinto's Tamarack, after turning down the option to purchase Rio subsi...Read More
Rod McIllree, chief executive of Bluejay, said the licence "allows us to now implement the initial 440,000 tonnes ilmenite concentrate per annum operation".Read More
Share this article SASKATOON - Cameco Corp. says it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan after six positive COVID-19 tests in recent weeks at northern operations, including three at the mine.The Saskatoon-based company says the mine will be placed in a "safe state of care and maintenance," resulting in a significant reduction in personnel and...Read More
Most of you will remember that "climate change" used to be called "global warming."But before that, it had another name: "inadvertent climate modification."Let's go back to the early 1960s...John F. Kennedy is president of the United States... America enters the Vietnam War... Marilyn Monroe is found dead... the Soviets have missiles in Cuba... and the Beatles are on the verge of becoming the most...Read More
Cameco (TSX: CCO; NYSE: CCJ) announced today that it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Covid-19 pandemic."The safety of our workers, their families and communities is our top priority," Tim Gitzel, Cameco's president and CEO, stated in a news release. "We have had six positiv...Read More
Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit at its Bateman gold project in Red Lake.The resource features 205,700 measured and indicated tonnes grading 6.04 grams gold per tonne, totalling 40,000 gold oz., and 259,300 inferred tonnes at 8.53 grams gold per t...Read More
O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario's Kirkland Lake region. The study suggests a 'low capital intensity', 12-year, 11,000 tonne per day open pit operation with carbon-in-leach (CIL) processing.The proposed mine would generate an average of 121,000 gold oz. annually in its first eight years, with life-of-mine a...Read More
Chile's Codelco, the world's largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon emissions by 70%, reduce inland water consumption by 60% and recycling 65% of its industrial waste by 2030.The state-owned miner, which in 2017 planned to sell "green copper" at a premium price to customers using more sustai...Read More
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price direction of gold as this horrid year draws to a close.I am neither a chartist nor a particular exponent of gold, but I can't see any concern about the precious metal's price direction - at least not yet. The reason has mu...Read More
The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the S&P/TSX Global Base Metals Index dropped 1.80% to 133.42. Spot gold fell US$24.50 per oz. (1.31%) to US$1,839.50 per oz., and the S&P/TSX Global Gold Index declined by 0.55% to 310.88.Moneta Porcupine Mines jumped 12 ? to 25.5 ? per share. The company...Read More
The S&P/TSX Venture Composite Index rose 1.46% (11.19 points) to finish the Dec. 7-11 trading week at 780.30. Spot gold dropped US$24.50 per oz. (1.31%) to US$1,839.50 per ounce.Shares of Whitehorse Gold surged $1.50 to $3.28 per share on a strong intercept from its 2020 drill program at its wholly owned Skukum gold project in the Yukon. Drillhole SC20-001 returned 8.07 metres (true width) grading...Read More
Share this article LONGUEUIL - Reunion Gold Corporation (TSX-V: RGD) announced assay results from its recently completed 2020 drilling program on the Crique Filon prospect within the Boulanger Project in French Guiana.?EURRead More
We learned from Rudi Fronk, Chairman & CEO of Seabridge Gold (TSX: SEA, NYSE: SA), that they are buying Pretium Resources' world-scale Snowfield Property, which hosts a large gold resource, immediately adjacent to Seabridge's 100%-owned KSM gold-copper project, in northeast British Columbia, Canada. This transformative acquisition enables exciting new development opportunities for KSM, which could...Read More
The Dow Jones Industrial Average fell 0.57% to finish the trading week at 30,046.37 and the S&P 500 declined by 0.96% to 3,663.46. Spot gold dropped US$24.50 per oz., or 1.31%, to US$1,839 per oz.Seabridge Gold fell by US61 ? to US$17.37 per share. Seabridge announced it had successfully raised US$115.7 million, more than enough to fund the acquisition of Pretium Resources' Snowfield property i...Read More
The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the S&P/TSX Global Base Metals Index dropped 1.80% to 133.42. Spot gold fell US$24.50 per oz. (1.31%) to US$1,839.50 per oz., and the S&P/TSX Global Gold Index declined by 0.55% to 310.88.Moneta Porcupine Mines jumped 12 ? to 25.5 ? per share. The company...Read More
The latest Canadian Insider Insights introduces a new core INK Research investment theme of progressive energy. We are casting a wide net to identify opportunity across a sector that is in transition. Other topics include gold versus gold miners, and the INK Canadian Insider Index versus the S&P/TSX Composite Index. Finally, we cannot let another week go by without mentioning bitcoin.Climbing the...Read More
Hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers.Read full newsRead More
Demand for commodities, tangible assets and the companies that mine, manufacture and transport them is about to blow sky-high predicts, Steen Jakobsen.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More