Thungela listed on the two exchanges on June 7 and has delivered adjusted EBITDA of ZAR1.9 billion and net cash of ZAR3 billion as coal prices rose over the first half of the year.Read More
Share this articleTORONTO - Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has become a patron of the Charge on Innovation Challenge, an industry-wide effort to cut emissions from surface mining.The Challenge takes the form of a global competition and seeks to leverage the experience and ideas of a variety of industries to develop new concepts and solutions for large-scale haul truck electrificatio...Read More
The global market cap for cryptocurrencies reached an almighty $1.84 trillion this week - an incredible feat.To put this into scale, the global telecommunications market - 5G tech and all that jazz - is only valued at $1.74 trillion, the global food market is valued a bit more at $5 trillion, and the value of the ENTIRE U.S. stock market is $98 trillion.In the short time they have existed, cryptoc...Read More
Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) announced strong results for the second quarter of the year, saying it remains on track to achieve 2021 guidance of 720,000 to 780,000 gold equivalent ounces.The precious metals streaming company said that record sales volumes in the first half of 2021 generated revenue of US$655 million, including US$330 million in the second quarter, an inc...Read More
Pretium Resources (TSX: PVG; NYSE: PVG) said it is on track to achieve its yearly guidance, despite the near five-week Covid-19 outbreak that occurred at its Brucejack mine in British Columbia in February.The company produced 83,083 ounces of gold in the second quarter of 2021, compared with 90,419 ounces in the second quarter of 2020.Pretium remains on track to produce 325,000 ounces to 365,000...Read More
Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla (NASDAQ: TSLA). The program is being tested in real operating conditions at multiple on-site pilots, including the DRC and Europe, Re|Source said, with further pilots in Asia...Read More
Imagine getting shot.You go to the hospital, bleeding out, and the surgeon says this:"Welp. The rate at which you're bleeding appears to be slowing, which confirms my suspicion that this wound is likely transitory."That's basically what's been going on with inflation for the past year and half.Americans are hemorrhaging value. Their spending power is being rapidly diluted.And the Fed and the chatt...Read More
Kyrgyzstan set to complete seizure of Canada-run gold mineRead full newsRead More
LUXXFOLIO Holdings (CSE:LUXX) has announced a significant expansion of the crypto mining facility managed by LUXX Mining Division subsidiary Westblock.Read full newsRead More
Empress Royalty Corp. is pleased to announce receipt of the firstRead full newsRead More
MARV: TSX-V O4T1 : GR MARVF: OTCQB Marvel Discovery Corp. , ; Read full newsRead More
DURING The Manila Times' second forum on renewable energy about two weeks ago, Mr. Devin Narang of Sindicatum Renewable Energy India made a point that stuck like a sand burr: when it comes to renewable energy, one of the biggest shortcomings of the Philippines, he said, that very few here recognize the enormous resources and opportunities the country has. This place is a gold mine in both quan...Read More
All amounts are in USD unless stated otherwise GMIN to acquire the construction ready Tocantinzinho Gold Project in northern BrazilEldorado to become a 19.9% cornerstone shareholder of GMINTocantinzinho is a permitted, high-grade gold project with a 10-year reserve life and an estimated annual production of 187,000 ounces for the first 8 yearsLeadership team to leverage four successful mine builds...Read More
A few top-quality Canadian stocks witnessed healthy correction after significantly appreciating on the back of an improved macro environment, increased consumer demand, and recovery in corporate earnings. I see the dip in these stocks as a buying opportunity for investors with a long-term mindset. These stocks appear attractive at current price levels and have good growth prospects.Goodfood M...Read More
The commodity super cycle looked evident early this year. All the major commodities were in high gear on the back of stimulus packages coupled with economic reopenings. However, things are not that promising today as they once seemed, even as we move closer to the end of the pandemic. So, should you jump on board and play TSX commodity stocks? Will they really be worth the risk?TSX stocks and the...Read More
When you are looking for growth stocks, what’s more important to you: the surety of growth or the pace? Ideally, you should buy stocks that are both fast growers as well as reliable. But we don’t live in an ideal world, and if you lean more towards the reliability of growth, there are three stocks that should be on your radar. They might have a high probability of growing your cap...Read More
Meanwhile China has signalled its push to regulate sweeping parts of the economy, which has jolted markets, will be deep and sustained over the next five years, Bloomberg reported.The gold price has climbed to US$1,751 an ounce on the spot market."The gold bulls were hurt in Monday's liquidation dump, but have picked themselves up, dusted themselves off and recognising the forced nature of the flo...Read More
Share this article TORONTO - HudBay Minerals Inc. [HBM-TSX, NYSE] on Thursday said gold production has commenced at the New Britannia mill in Snow Lake, Manitoba. Refurbishment activities at the gold mill were completed in June, 2021, followed by commissioning and startup in July, 2021.The mill achieved first gold production on August 11, 2021, in line with timelines assumed in recent company g...Read More
Wiluna Mining Corporation Limited (ASX: WMC) owns 100% of the Wiluna Gold Operation and controls over 1,600 square kilometers of the Yilgarn Region, in the Northern Goldfields of Western Australia. The Yilgarn Region has a historic and current gold endowment of over 380 million ounces, making it one of most prolific gold regions in the world.We learned from Milan Jerkovic, Executive Chairman of Wi...Read More
Up here in North Country, there's never been a lot of love for Andrew Cuomo.In fact, it's one of the few things I've seen people from both sides of the aisle agree on.I found out about the New York governor's resignation through Facebook, where friends and colleagues were celebrating as if it were New Year's Eve - or at least the kinds of New Year's Eve celebrations we used to have before COVID.In...Read More