The record iron ore price saw Rio's operating net cashflow jump 143% to US$13.66 billion for the six months to June 30. Free cashflow jumped 262% to a record $10.2 billion.Read More
Share this article VANCOUVER - Ethos Gold Corp [ECC-TSXV] shares advanced in active trading Wednesday after the company said it is increasing the size of a previously announced non-brokered private placement of units.The company said it now expects to raise $2.25 million after Crescat Portfolio Management LLC elected to exercise participation rights that were granted by the company under a subsc...Read More
Thomson Resources (ASX: TMZ) is a diversified minerals explorer that holds a diverse portfolio of mineral tenements, across gold, silver and tin, in New South Wales and Queensland. We learned from David Williams, Executive Chairman of Thomson Resources, that their strategy is to create a large precious (silver - gold), base and technology metals (zinc, lead, copper, tin) resource hub in New South...Read More
You've never heard of "Linglong One" before... but you soon will.Better known as ACP100, Linglong One is the first advanced small module reactor (SMR) to be approved by the International Atomic Energy Agency, which happened about five years ago.Due to regulatory delays, construction wasn't able to begin until recently. Once completed, the unit will have a generating capacity of 125 megawatts. Wel...Read More
Canada's largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term uranium supply contract portfolio expand. In addition to the nine million pounds of uranium oxide in long-term sales contracts finalized in April, Cameco added another seven million pounds under contract in the l...Read More
First Mining Gold (TSX: FF; OTC: FFMGF) has entered into an exploration agreement with Animakee Wa Zhing #37 First Nation (AWZ 37) covering the Cameron gold project, 80 km southeast of Kenora, Ont. The accord is intended to promote a co-operative, collaborative and mutually beneficial relationship that supports both the company's exploration activities and the interests of the First Nation.First...Read More
Alphamin Resources (TSXV: AFM) reported additional assay results from drilling at Mpama South, a high-grade tin discovery located 750 metres south of the company's operating Mpama North mine in the Democratic Republic of Congo (DRC).Alphamin produces around 4% of the world's mined tin from its high-grade operation in the DRC. Mpama North is currently the highest-grade tin mine in the world, produc...Read More
Bluejay Mining (US-OTC: BLLYF; LSE: JAY) has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects in Finland to Metals One for ?4 million ($7 million) in cash and shares.The explorer and developer is not fully walking away from the assets, as the deal makes it a significant shareholder Metals One, a battery metals miner.Bluejay is also keeping its Outokumpu copper go...Read More
The Canadian government is continuing to support its mining industry with millions of dollars in new investments.Last month Canada's Minister of Innovation, Science, and Industry announced a CAD$40 million investment in the Centre for Excellence in Mining Innovation Inc. (CEMI).The money will be used to create a national initiative to "modernize mining and improve its productivity and environmenta...Read More
Video of Amex Exploration's Core Shack showing logged core from drilling at their Perron Project in the town of Normetal, Quebec ...Read More
Offer represents a 69% premium to Noront's closing price on Monday and is 129% higher than the closing price on May 21, a day before Wyloo's proposal.Read full newsRead More
Commander Resources Ltd. is pleased to announce that it has grantRead full newsRead More
Kuya Silver Corporation (CSE:KUYA) has released results from its phase I drill program at the Bethania project.Read full newsRead More
In this interview a semi-retired Rick Rule offers mining stock wisdom via a 30-minute discussion with MSE host Bill Powers.Read More
Canadian copper, steelmaking coal, and zinc miner Teck Resources (TSX:TECK.B)(NYSE:TECK) released its second-quarter (Q2 2021) earnings results on Tuesday. The $14 billion company’s latest financial results cover the three-month period to June 30, 2021. Company CEO Don Lindsay described the results as a “solid performance.” However, Teck Resources’ stock price dropped...Read More
Canadian stocks at large have risen more than 15% this year. Some areas indeed look overvalued at the moment, but some still offer decent gain prospects. Here are three Canadian stocks for long-term investors.Home Capital GroupHome Capital Group (TSX:HCG) is a $2 billion residential and non-residential mortgage lending company. As the Canadian real estate market has been unstoppable, HCG stock has...Read More
It’s not necessary to always invest in pick mega-cap stocks to get handsome returns. Even if you buy some cheap stocks with a good fundamental outlook and hold them for the long term, they could help you generate extraordinary returns. Here’s a list of five of the best TSX stocks to buy today — currently trading under $10 per share.Sandstorm Gold stockSandstorm Gold (TSX:SSL...Read More
The latter is said to have been a "stable industry leading business that has produced cobalt products for key markets since 1968" and involves "contractual rights to refining capacity and ownership ofRead More
In 1978, my parents, following the great American tradition, packed up the green Ford station wagon and headed west across the country.The dog slept in the footwell as my brother and I rode tail gunner, staring backward across the plains and pumping our arms for the truckers to blast their horns. I had an imaginary scythe that cut telephone poles in half and sliced off the tops of hills.It's been...Read More
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern Miner's sister company Mining Intelligence. The financings offer the companies financial firepower to execute their respective value creation strategies. The Mining Intelligence data shows the money was raised via 36 ri...Read More