Chile's state miner Codelco, the world's No. 1 copper producer, has broken ground at the US$1.4 billion expansion of the Salvador copper mine, which will extend the productive life of the aging operation by 47 years and increase output by almost 50%. The Rajo Inca project will convert Salvador, in operation since 1959, from an underground mine to an open pit. "Until now this division dep...Read More
Western Australia-based Star Minerals says it is close to launching an initial public offering with the goal of funding the development of the advanced Tumblegum South gold project.According to the company, US$800,000 has already been pledged and the expectation is that capital raising will continue to grow given the most recent performance in the gold market.Tumblegum South is located about 40 km...Read More
St. Anthony Gold (CSE: STAG; US-OTC: MTEHF) has new assays from its St. Anthony gold project in the Kenora-Patricia mining district of Ontario.Drillhole SA21-18 returned the best results. It cut 3.7 metres grading 42.68 grams gold per tonne from 327.3 metres downhole, including 314 grams gold per tonne over 0.5 metre from 327.3 metres. It also cut 1 metre grading 109.6 grams gold per tonne start...Read More
1911 Gold (TSXV: AUMB) is acquiring 100% of two additional exploration properties 20 km east of Bissett, Man., site of its True North gold mine and mill.The Palomar Lake property is adjacent to the True North complex and consists of three properties that will be consolidated for the first time. The company will pay $90,000 to a consortium of three local prospectors and issue 180,000 common share...Read More
You've already seen it yourself first-hand: The price of food is rising.According to the U.S. Bureau of Labor and Statistics, food prices in America increased by an average of 3.6% in July 2021 compared to the previous year.BLS data shows food at home (grocery store or supermarket food purchases) increased 2.6% last month. Meanwhile food away from home (restaurant purchases) rose 4.6%.Up in Canada...Read More
Navarre Minerals' first diamond drilling at the historical St Arnaud Goldfield in Victoria is off to a rousing start with the intersection of visible gold.Read full newsRead More
Laurion Mineral Exploration Inc. is pleased to announce the resuRead full newsRead More
VANCOUVER, British Columbia, Aug.23, 2021(GLOBE NEWSWIRE) -- Affinor Growers Inc. ("Affinor" or the "Company") (CSE: AFI OTCQB: RSSFF) has cancelled...Read full newsRead More
Hedge funds sold petroleum for the seventh time in nine weeks, as rising coronavirus infections in the major oil-consuming markets dampened hopes for an early resumption of long-haul passenger aviation.Read full newsRead More
Chinese iron ore miner Hainan Mining Co Ltd said on Monday it would invest 1.065 billion yuan ($164 million) in a plant to make battery-grade lithium hydroxide as it looks to cash in on booming demand in the electric vehicle (EV) sector.Read full newsRead More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More
The executive chairman of Evolution Mining said bitcoin still has aRead full newsRead More
Kinross Gold (TSX:K)(NYSE:KGC) is a well-managed Canadian gold company. In fiscal 2021, Kinross expects production to increase. The company expects this increase to be driven largely by life-of-mine extensions and projects, enhancements to productivity and operational efficiency, and exploration success identifying new ounces around existing operations.Record cash flow leading to increased financi...Read More
I have mentioned before that one doesn’t require significant capital to start investing in stocks. Instead, investors need a long-term mindset and the ability to participate in the stock market regularly. With long-term outperformance in the backdrop, let’s dig deeper into three TSX stocks that are trading cheap (under $10) and have multiple catalysts to fuel their growth.&n...Read More
The TSX’s mining sector offers cheap but excellent buys in Q3 2021. A $5 investment could significantly grow if invested in B2Gold (TSX:BTO)(NYSE:BTG) or Jaguar Mining (TSX:JAG). Both stocks are trading at deep discounts, although the return potentials in the next 12 months could be 95% or more based on analysts’ price forecasts.The basic materials sector has replaced energy as the und...Read More
Share this article VANCOUVER - Alpha Lithium Corporation (TSX.V: ALLI) (OTC: APHLF) (Frankfurt: 2P62) announced the option to acquire a 100% interest of a strategic, high-value property in Argentina's world class Salar del Hombre Muerto. The property is comprised of 985 hectares, which brings the Company's total landholdings in Hombre Muerto to 5,072 hectares (see previous acquisition press relea...Read More
It's 2021.Is it really that hard to build a freaking pipeline?Here we are, sending rich people to space in recreational rocket ships, developing groundbreaking mRNA vaccines (and at a pace that was never before thought possible), and putting autonomous test vehicles on the road so that in 10 years, they'll be as ubiquitous as digital currency scams and Russian hookers in D.C.But we can't make an o...Read More
1) CryptocurrencyBitcoin just jumped back through the $50,000 level yesterday. It was bouncing back from the recent low of $31,796.81 that it hit on July 12, 2021, and it's up from $9,916 from the start of the year. For the record, I first recommended Bitcoin at $459 five years ago.Bitcoin and other mainstream cryptocurrencies have been on a tear but there is value to be found in unique, niche cry...Read More
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in a news release.The company, the fourth biggest iron ore producer globally, is the mining company best positioned to take advantage of future disruption in the industry, according to GlobalData analysts.The scores are based...Read More
S&P Global Market Intelligence's pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference.The increase is not as significant as in previous years, as a projected moderate softening of most metal prices from current levels weigh on the outlook."From 2023 to 2025, we expect budgets to pull b...Read More