New Gold Inc. (TSX: NGD; NYSE American: NGD) shares trading in Toronto fell to a 12-month low on Thursday after the company reported weaker than expected June-quarter financial results and cast doubt on whether it might achieve its full-year production guidance.After markets closed on Wednesday, New Gold said it now expected to achieve the lower end of the 440,000 to 490,000 gold-equivalent ounces...Read More
Australia's largest gold producer, Newcrest Mining (TSX: NCM; ASX: NCM) is investing A$246 million (about $226 million) to expand its Telfer gold-copper operations, which include the Main Dome, West Dome open pits and underground mines, for at least two years. The company said it the West Dome Stage 5 cutback would allow further mine life extension opportunities to be assessed within the open...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has put up for sale its final collection of rare pink, red, violet and blue diamonds from its iconic Argyle mine in the remote east Kimberley region of Western Australia. Mining ended at Argyle in early November last year, after 37 years of uninterrupted production during which the mine became the source of about 90% of the world's prized rose-to-mag...Read More
The three mining majors are the founding patrons of the "Charge On Innovation Challenge", a global competition launched in May.It now has 21 patrons, more than 350 companies have registered interest as vendors and more than 80 organisations have submitted expressions of interest.The patrons, supported by Australia's METS industry body Austmine, will assess the proposals over the next month and sel...Read More
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A couple weeks ago I wrote about how space and astronomy news has some of the most egregious articles you can find.So much so that it is burying information about actual developments and real opportunities.Last week, fellow Outsider Club editor Luke Burgess wrote about the promise, and limitations, of moon mining.Today I'm going to talk about the common ground between those two articles, and it al...Read More
Taboola is the world's leading discovery & native advertising platform that helps people explore what's interesting and new in the moment of next.Read full newsRead More
Gold made an attempt to settle below $1675.Read full newsRead More
Laurion Mineral Exploration Inc. is pleased to announce the follRead full newsRead More
Tempus Resources Ltd is pleased to announce it has received the fRead full newsRead More
Gold made an attempt to settle below $1675.Read full newsRead More
"I hope Congress will send it to my desk as soon as possible so we can continue our work of building back better," US president Joe Biden tweeted.The S&P 500 gained 0.1% to close at 4,436.75 and the Dow Jones Industrial Average added 0.5% to 35,264.67.It was their 45th and 31st closing highs of the year respectively, according to the Wall Street Journal.Base metals rebounded on the London Meta...Read More
Young investors should take risks if there’s a good shot at obtaining market-beating results over the long term. If the risk/reward scenario makes sense and time is on your side (you’ve got at least five years to invest), some of the higher-flying, high-growth Canadian stocks may make sense to buy, at least in part. Getting some skin in the game in a company you truly believe in over t...Read More
The company said the schedule to achieve 75% of full production of 2.7Mtpa had increased by 1.Read More
Share this article VANCOUVER - Critical Elements Lithium Corp. [CRE-TSXV, CRECF-OTCQX, F12-FSE] shares rallied Wednesday after the company said the Canadian Government has rendered a favourable decision in relation to its proposed Rose Lithium-Tantalum Mining Project in James Bay, Quebec.Critical Elements has said it aspires to become a large, responsible supplier of lithium to the electric vehic...Read More
If I were to ask you when we first started to fall in love with coal, there are dozens of answers you might give me.Perhaps some of the younger crowd would say 1990, when coal consumption in the U.S. topped 1 billion tons that year for the first time in history. Or maybe a few of the grizzled veterans in our investment community here would say 1961, the year that coal became a major go-to fuel to...Read More
Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM's 68% interest in the Kipawa exploration project and 100% interest in the Zeus exploration properties for US$8 million.Vital owns the Nechalacho rare earths mine in the Northwest Territories. Yesterday, the company voluntarily ceased trading on rumou...Read More
Pilbara Minerals (ASX: PLS) has reported the results of its first lithium spodumene concentrate auction held via its Battery Material Exchange, demonstrating strong demand for spot spodumene concentrates.The product shipping via Port Headland, Western Australia, fetched up to US$1,250 per tonne FOB for first concentrates on leaving port.Platts reports the auction 'spot' price for the first 10,000-...Read More
Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in 2026.South America-focussed Gran Colombia is the largest underground gold and silver producer in Colombia with several mines in operation at its high-grade Segovia Operations. In Guyana, the company is advancing its recently acquired Torop...Read More
Canada's Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world's most prolific sources of large, high value type IIA diamonds.The company now expects to achieve 75% of slated full production by late 2029, which is 1.3 years later than planned. Lucara said the delay was due mainly to Covid-19 related d...Read More