Volatility is once again picking up in the markets. For long-term investors concerned about the potential for a correction from these levels, gold stocks are excellent places to look for diversification.Indeed, gold and gold miners tend to be a very safe place to hide in times of trouble. Adding a little defensive exposure in overheated markets is something that may help boost near- to medium-term...Read More
Lead and tin jumped by more than 2% each, while nickel rose 1.9% following news of BHP's nickel supply deal with Tesla yesterday.Copper rose for a third day, adding 1.1% to US$9,417.78 per tonne.According to data from the International Copper Study Group, preliminary data for the first four months of 2021 showed world copper mine and refined production increased by 4% and apparent refined usage ro...Read More
Stephen Wilkinson, President and CEO of Gold'n Futures Mineral Corp. catches us up and reviews steps needed to revitalize the Hercules Gold Project. Gold'n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based, exploration company, advancing its flagship Hercules Gold Project.The Hercules Gold Project is a well-known, high-grade gold project, located 120 kilometres northeas...Read More
We spoke with Lewis Lawrick, President, CEO and Director of Magna Terra Minerals Inc. (TSXV: MTT). Magna Terra owns three district-scale, advanced gold exploration projects, in the world class mining jurisdictions of New Brunswick, Newfoundland and Labrador. In the summer of 2020, the Company acquired a portfolio including two district-scale gold exploration assets from their Sister Company, Anaco...Read More
First and foremost, it's time to cash in on our Starbucks (NASDAQ: SBUX) $123 call(s) expiring on July 30 for a gain of at least 209% as of Friday morning. Congrats on another big win in just a week's time! And just so there are no misunderstandings:Today's Action to Take: Sell your SBUX July 2021 $123.00 calls expiring on July 30, 2021. Now, onto an equally pressing market opportunity for you.U...Read More
When Jake Klein spoke about Evolution Mining at the Northern Miner's Global Mining Symposium in May, the company's founder and executive chairman emphasized that his team was "continually looking to upgrade the portfolio" and predicted that "the next ten years are going to be even more exciting" than the previous decade.It was a bold forecast. After all, the Australian gold miner has grown quickly...Read More
Call it cross-pollination: Mining companies in Australia are taking up projects in Canada and Canadian mining companies are enthusiastic about projects in Australia. Here are eight companies to watch.FOCUS MINERALSFocus Minerals (ASX: FML; US-OTC: FCSUF) has two 100%-owned gold projects in Western Australia - Coolgardie and Laverton. Total resources in all categories at both projects contain 6.1 m...Read More
BHP (ASX: BHP, NYSE: BHP LSE: BHP), the world's largest miner, has inked a conditional agreement with a unit of Westshore Terminals Investment for its Jansen potash project in Canada.The deal, Westshore said, is subject to approval by BHP's board and dependent on whether BHP moves ahead with the first phase of its long-delayed potash project in Saskatchewan.Vancouver-based Westshore has agreed to...Read More
Newmont (TSX: NGT; NYSE: NEM), the world's No. 1 gold miner, will make a decision on a US$2 billion investment at its Yanacocha mine in northern Peru's Cajamarca region before the end of the year, CEO Tom Palmer told investors.The oxide resources of the open-pit Yanacocha mine are close to being depleted, and the project is designed to mine the sulfide material underground.In a call to discuss the...Read More
Skeena Resources (TSX: SKE: US-OTC: SKREF) has released a preliminary feasibility study on its 100%-owned Eskay Creek gold project. The study outlined an after-tax net present value of $1.4 billion and internal rate of return of 56%. A gold price of US$1,550 per oz. and silver price of US$22 per oz. were used.The project encompasses a former producing mine north of Stewart in British Columbia's Go...Read More
Iamgold (TSX: IMG; NYSE: IAG) recently updated construction progress and costs at its C??t?(C) gold project near Gogama, Ontario. The project is 65% owned and operated by Iamgold. Sumitomo Metal Mining holds the remainder.The C??t?(C) project is on schedule and was 27% complete at the end of June. Contractors are widening the road to the site and removing overburden. The concrete batch plant at t...Read More
Inflection Resources (CSE: AUCU, US-OTC: AUCUF) is an early-stage exploration company focused on looking for gold and copper-gold deposits in the Macquarie Arc, part of the Lachlan Fold Belt, in eastern Australia.The Macquarie Arc is considered Australia's premier porphyry gold-copper province and hosts several world-class mines. These include Newcrest Mining's (TSX: NCM; ASX: NCM) Cadia operat...Read More
Mining in the United States has played a significant role in the country's development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization, as of July 7. The data was compiled by our sister company, MiningIntelligence.1. Freeport-McMoRanMarket cap: US$52.7 billionFreeport-McMoRan's Climax molybdenum mine in Colorado. Cre...Read More
Jeff Bezos thinks he's real hot shit, huh?Flying off into space on his little rocket, trying to show the whole world he's over his divorce.Sorry, am I being too harsh?Are these attacks too personal for a guy who forces his employees to work in 114-degree heat, fires them for getting breast cancer, and demands delivery drivers to pee into Gatorade bottles?Forgive me, then.After all, this isn't real...Read More
FPX Nickel (CVE: FPX) CEO Martin Turenne joined Steve Darling from Proactive to share details on the company adding two people to their team as they move for...Read full newsRead More
A.I.S. Resources Limited announces after successful financingRead full newsRead More
Japan's Nikkei was up in morning trade, a day before the country opens the Olympic Games, which were delayed from last year due to the pandemic.The S&P 500 gained 0.8% and London's FTSE 100 closed up 1.5%.Commodities were mixed on the London Metal Exchange.China's NDRC reportedly asked local governments to step up commodity price monitoring and management of expectations, Marex's Alastair Munr...Read More
Agnico Eagle Mines (TSX:AEM)(NYSE:AEM) has earned a reputation as a partner of choice within the mining industry, and recognition as a company that operates with respect for others. While the company could not control the day-to-day turmoil of COVID-19, which included the temporary shutdowns, the evolving health and safety protocols, the stay-at-home work orders, the company did control priorities...Read More
While the general mood in the market is one of recovery and growth, not every sector is on the same page. Some, like energy, are finishing their growth sprint and entering the normalization phase, which might turn into a slide down if some external factors are triggered.Real estate, on the other hand, is still maintaining its momentum, but once the housing bubble starts to shrink at a considerable...Read More
The dividend of US55c is payable on September 23 and is the same amount as the previous two quarterly dividends following a 38% boost in February."The declaration and payment of future quarterly dividends remains at the discretion of the board of directors and will depend on the company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the...Read More