Kinross Gold (TSX:K)(NYSE:KGC) stock spiked 8.4% on Thursday, thanks to its robust Q3 financial performance. The gold mining company’s revenues from metal sales jumped 29% year on year to US$1,131.3 million, reflecting higher average realized gold prices. The average realized gold price increased by 30% to US$1,908 per ounce in Q3 compared to US$1,476 per ounce in the year-ago quarter....Read More
The close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to be more of a "blue ripple", says Jefferies, which is now expecting a "skinny" stimulus ofRead More
Emily King, founder of Prospector - a digital platform which uses AI to connect investors to mining companies - said the mining industry needed to communicate differently to attract individuals sheRead More
The price of gold sharply rallied yesterday, increasing more than 3.5% higher to over $1,950 an ounce - a six-week high for the yellow metal.Meanwhile, sister silver traded some 5% higher yesterday, selling now for over $25.50 an ounce.But yesterday's action in the precious metals market might be a bit short-lived.Precious metals rallied yesterday as the U.S. dollar fell and the pound sterling ros...Read More
Energy Fuels (TSX: EFR; NYSE: UUUU) has produced the first rare earth element (REE) carbonate concentrate on a pilot-scale at its wholly owned White Mesa mill in southeastern Utah, 508 km southeast of Salt Lake City.According to the company, it is the first REE concentrate produced from monazite sands in any significant quantity in North America in over 20 years. (Monazite is a naturally occurrin...Read More
Iamgold (TSX IMG; NYSE: IAG) has again lowered its production targets for the year, after suspending operations at its Westwood underground mine in southwestern Quebec following an earthquake.The Toronto-based miner now expects output to be in the range of 630,000-680,000 ounces.The company had revised its annual guidance down in March to 700,000 and 760,000 ounces. It further lowered it in May to...Read More
SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone at its wholly owned Las Chispas project in Mexico's Sonora state, 180 km northeast of Hermosillo.Named El Muerto, the new zone is the company's fourth discovery since the first quarter of 2019. Highlights include drill hole EM20-37, which intersected 2 metres grading 12.68 grams gold per tonne and 1,723.8 grams silver p...Read More
Kirkland Lake Gold's (TSX: Kl; NYSE: KL; ASX: KLA) acquisition of Detour Gold and its Detour Lake mine in Ontario earlier this year now accounts for more than 40% of the company's 2020 free cash flow."We are extremely pleased with the contribution already being made by Detour Lake mine, which generated US$231 million of free cash flow in the first eight months since the transaction," chief executi...Read More
It was my son Hank's ninth birthday yesterday, so he celebrated like any boy his age would: by interviewing a two-time Presidential candidate about the current election.This is Hank's first major election. He was far younger and had no interest in politics in 2016 (Make America Young Again!). Hank insisted that we watch the election results together and it was encouraging to see him so involved in...Read More
Sienna Resources Inc. Sienna Resources is pleased to announce tRead full newsRead More
Maxtech Ventures Inc. (Read full newsRead More
Portofino Resources INC. announces that due to strong interest inRead full newsRead More
Cache Exploration Inc. , is pleased to announce that it intends tRead full newsRead More
Apr??s la fermeture administrative << physique >> des commerces non-essentiels, suscitant au passage de nombreuses pol?(C)miques, Bruno Le Maire a annonc?(C) un...Read full newsRead More
TORONTO - Iamgold Corp. says it has shut down operations at its Westwood underground gold mine in southern Quebec following aRead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report new intersections of strong radioactivity from the now completed summer drilling program at the Hurricane zone, which has successfully expanded the mineralized footprint to the south. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property...Read More
Democrat Joe Biden was ahead in electoral college votes and US president Donald Trump was earlier calling for recounts and legal action.Northern Dynasty Minerals (TSX: NDM) closed down 15.8% on fears over permitting, given Biden reportedly said in August he would stop the proposed Pebble mine in Alaska if he won the election.The US Federal Reserve meeting finishes later today, while Australia's Re...Read More
Gold mining giant Barrick Gold (TSX:ABX)(NYSE:GOLD) announced its third-quarter earnings report today. The company reported better-than-expected net income and sales over the previous year and surpassed most analyst expectations. In my view, this could be an early sign of much more momentum in gold stocks going into 2021. Here’s a closer look at the report and Barrick Gold stock’s...Read More
It’s a general thinking among investors, especially those who are new to the investing world, that lower dollar denomination stocks have a long runway for growth, and they could deliver multifold returns over time. While I do not agree to this as stocks quoting low dollar price doesn’t assure great returns, but there are few stocks that are quoting low in terms of price and have except...Read More
Share this articleTORONTO - Barrick Corp. raised its dividend as its third-quarter profit topped expectations.The Toronto-based gold miner, which keeps its books in U.S. dollars, says it will now pay a quarterly dividend of nine cents per share, up from its previous rate of eight cents.The increased payment to shareholders comes as Barrick says it earned 50 cents per share for the quarter ended Se...Read More