Australian iron ore miner Fortescue Metals Group is working closely with the Department of Health to assist with contact tracing after a contractor, who had worked at its Cloudbreak mine in Western Australia from July 20-27, returned a "weak positive" test result.CEO Elizabeth Gaines told reporters on the sidelines of the 30th annual Diggers & Dealers mining forum in Kalgoorlie the company had...Read More
Metals prices have seen high volatility in recent months. As a result, the shares of most Canadian metals mining companies are trading on a mixed note lately. However, I expect metals prices to resume their long-term upward trend after the ongoing short-term correction amid consistently rising demand. That’s one reason why I find the shares of many TSX mining companies cheap at the moment. L...Read More
The shiny allure of gold is just as powerful as the tangible solidity of hard assets like real estate, especially when you are disenchanted with the stock market. Gold, whether you buy the metal itself or invest in it through golden companies and ETFs, can provide a powerful hedge against market fluctuations and volatility.Even though a correction might not be on the horizon yet, if you believe on...Read More
Share this article VANCOUVER - Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) announced that it has accepted Subscription Receipts from accredited investors for C$80,000,000 at a price of C$0.70, which on completion will convert to 118,857,143 Asante common shares. A finder's fee of 4% of the total subscription receipts is payable in shares. No new control blocks will be created a...Read More
The new infrastructure bill is 2,702 pages long.Why does an infrastructure bill - which is supposed to be designed to bolster this nation's failing infrastructure by not only repairing it but updating it from 19th-century standards to 21st-century standards - require 2,702 pages?Because like most legislation that slips and slides through the greasy palms of our elected officials, it's full of bure...Read More
In preparation for its initial resource estimate due by the end of the third quarter, Wallbridge Mining (TSX: WM) is nearing completion of the definition drilling program at the Fenelon gold property 75 km northwest of Matagami, in Quebec.Work has been done on multiple areas within a 1-km by 1.2-km area in the central part of the Fenelon gold system. The company has drilled about 260,000 metres wi...Read More
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its 49%-owned Gahcho Ku?(C) mine, in Canada's Northwest Territories. The Toronto-based miner reported a profit of $22.5 million (US$18 million) for the three months ending June 30, compared with a loss of $26.8 million...Read More
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi mining method.The company says the decision follows the outcome of various risk assessments, extensive comparative financial analyses, and the results to date of the Muckahi test program at El Lim??n Deep (EL...Read More
Australia's Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada's Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by another US$30 million on or before six months from the transaction close. The final US$30 million will be paid on or before a year from completion, Resolute said. T...Read More
Liontown is aiming to deliver a definitive feasibility study for its Kathleen Valley project in Western Australia by year-end and be in production in 2024.Read More
ZY and $BTBT had huge moves today. BTBT was up over 20% and ZY was up 75%! These may look like risky trades and news ...Read More
Straightup Resources Inc. is pleased to announce that a field creRead full newsRead More
TSX: NVO | TSX: NVO.WT | OTCQX: NSRPFRead full newsRead More
No one in the mines along the Lihanda corridor - stretching from Kakamega all the way to Vihiga - appears bothered about the other graduates.Read full newsRead More
This Announcement Contains Inside Information Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (Read full newsRead More
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment.Gold mining has been a hallmark of commerce across the ages, and according to the United States Geological Survey (USGS), about 244,000 tonnes of gold has been discovered to date, resulting in 187,000 tonnes of historical production, leaving the current underground reserves at...Read More
It could be difficult for some to pick quality stocks when markets are at record highs. However, that should not be the reason to stay away from equities entirely. Quality stocks create value for shareholders in the long term despite all odds. Here are three TSX stocks that could perform well in the long term.EnbridgeWhen it comes to long-term investing, I prefer stable returns with little volatil...Read More
Profit after tax amounted to US$661 million, with underlying EBITDA totalling $868 million, up 147% year-on-year but 3% below consensus estimates.Read More
Share this article VANCOUVER - C2C Gold Corp [CTOC-CSE] said Wednesday it has been granted an option to acquire a 70% interest in a basket of claims in the central Newfoundland gold belt, a move that adds to its existing substantial holdings in the region.The option agreement with Buchans Resources Ltd. involves 364 mineral claims (91 square kilometres) covering the Lake Douglas and South Tally p...Read More
Joseph Robinette Biden Jr. wants to make you filthy rich.At this point, he's practically jumping up and down, frantically waving a giant flag back and forth hoping you'll notice. All politics aside, I'm astonished there is still a herd of investors who don't see it coming. Look, we've been following President Biden's infrastructure bill closely here in our Energy and Capital investment community...Read More