Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") today announced activation and initial client use of a Venzee Mesh Connector?,,? for MercadoLibre (NASDAQ: MELI) - a leading e-commerce destination for consumers across 18 Latin American countries.Using the Venzee platform, brands and manufacturers set up a single digital connection that allows selection of an u...Read More
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Vancouver, BC November 11, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that drill hole FG-20-377 intercepted 31.3 meters of 3.2 g/t gold, including 14.3 meters of 6.4 g/t gold, starting at 369 meters downhole in the Lower Zone of the FG Gold Project ("Project" or "FG Gold") in the Cariboo Region of British Columbia. This news release reports assays fro...Read More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
It's time to start worrying about inflation. Although inflation has been low and fairly steady in the past decade, prices will begin accelerating in 2021 and 2022. There is no asset that is obviously a slam dunk for an inflation hedge, but gold, mining stocks and farmland should be considered.Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) provides the following update regarding its proposed acquisition of EastSide Games Inc. (the "Acquisition"), previously announced on October 7, 2020.The AcquisitionAcquisition AgreementLEAF, EastSide Games Inc. ("ESG") and the securityholders of ESG have entered into a purchase agreement dated October 31, 2020 (the "Acquisition Agreement"), which for...Read More
In an interview at this week's Global Mining Symposium, David Elliott, a founding partner at Haywood Securities and new inductee into the Canadian Mining Hall of Fame, spoke candidly about his career and how he and his partners built Haywood from a small firm of fifteen employees into a leading merchant bank with 313 employees and about $10 billion of assets under management.Haywood Securities wou...Read More
Investors have turned to gold during the COVID-19 pandemic on inflation and recession fears. Shareholders see gold as a good way to protect their savings in this time of uncertainty. Notably, Warren Buffett made a large investment in a gold stock this year.If you are thinking about buying gold stocks on the Toronto Stock Exchange, there are some good options. Here are three mining stocks that you...Read More
All that glitters is not gold. Diamonds are a multi-billion-dollar industry globally, like the yellow metal. However, it never really took off here in natural resource-rich Canada. It is still the third-largest diamond-producing country after Russia and Botswana.Lucara Diamonds makes yet another exciting recoverySmall Canadian miner Lucara Diamond (TSX:LUC) recently recovered a 998-carat white dia...Read More
Whenever Warren Buffett acts on a stock, many of his followers are likely to drive the name up. Blindly following the Oracle of Omaha into or out of stocks is typically a bad idea, though. Not only does Buffett likely have a far better cost basis that you’ll be able to land, but you’ll also be on the receiving end of a sell-off if Warren Buffett were to exit his stake after you’v...Read More
The US investment firm, which is lead underwriter and sole book-runner on the deal, will purchase more than 27.7 million shares, at US$0.83 per share. Cantor Fitzgerald has an over-allotment option to purchase up to an additional 4.2 million shares at the same price up to 30 days after the offering closes on November 17, which could raise an additional US$3.5 million. Taseko...Read More
The Montreal-headquartered company took advantage of a higher iron price environment amid strong fundamentals to secure a doubling of its credit facility to US$400 million. Champion says it represents a conservative financial solution to fund the buildout that will double output to 15 million tonnes per annum over the next 18 months.The company said Thursday given its $425.8 million cash on hand i...Read More
Share this article MONTREAL - Champion Iron Ltd. says it will move ahead with an expansion of its Bloom Lake open pit mining complex in northeastern Quebec that is expected to double capacity and create 375 new permanent jobs.The company says the project will take capacity to 15 million tonnes of iron ore per year.It has approved spending about $512.6 million to complete the project over the next...Read More
Check out this headline...If you're a regular reader of these pages, such a thing shouldn't surprise you.While we've been more than happy to help you profit from a wide variety of oil, gas, and coal stocks over the years, we've also warned you that this was coming.In fact, as far back as 2006, I was predicting a renewable energy growth trajectory that would make wind and solar the largest sources...Read More
Guinea's government has approved a multinational group's plan to build a railroad and deep-water port to export from the large-scale Simandou iron ore deposit to key markets, including China, the world's top consumer of the commodity.The consortium, which includes Singapore's Winning Shipping, Guinean mining logistics firm United Mining Supply (UMS), Chinese aluminum producer Shandong Weiqiao and...Read More
Kerr Mines (TSX: KER; US-OTC: KERMF) will finance the restart of production from its Copperstone gold mine in Arizona with the help of a US$18 million streaming deal with Star Royalties.Production is targeted to begin in the fourth quarter of 2021 from the fully permitted mine, which Kerr Mines acquired in 2014 through an all-share acquisition of American Bonanza.Copperstone, situated in western A...Read More
An extremely rare, purple-pink diamond mined and polished by Russia's Alrosa (MCX: ALRS) has set a record price for a gem of that colour sold at an auction after fetching 24.4 million Swiss francs (US$26.6 million) at Sotheby's in Geneva.The flawless 14.83-carat diamond, named "The Spirit of the Rose" after a ballet of the same name from 1911, already had another record under its belt - it's the l...Read More
Investing at a young age has multiple advantages. As time is by your side, you can build a strong financial foundation. You can be aggressive and chase higher returns, as the risk appetite is generally at a maximum. The only constraint could be budget.However, with stocks, you can start investing, even with a minimal amount. In the long run, what matters is the participation in the stock market, a...Read More
A panel of cybersecurity experts from across the industry kicked off the Global Mining Symposium this week with a discussion of how mining companies can build cybersecurity-resilience into their operations.Yogen Appalraju, a partner and cybersecurity leader at Ernst & Young Canada, moderated the panel, which consisted of Chandra Majumdar, Ernst & Young's cyber threat management leader, David Rae,...Read More
At times last week, I felt like I was stuck in the waiting room in Hell...I personally spent hours watching cable news - something I usually try to avoid at all costs - as John King played with his "Magic Wall" like a sugared-up child who just got his first iPad. Eventually, the pundits just ran out of things to say and were basically sitting around asking each other how much sleep they got.I almo...Read More