The Canadian stocks have turned mixed in July after posting consistent gains in the previous five quarters. The TSX Composite Index is currently trading with 0.5% minor gains for the month. As the latest earnings season is approaching, investors seemed to have turned a little cautious. Nonetheless, I always advise long-term investors can stay focused on buying fundamentally strong stocks without w...Read More
Gains seen at the end of the week in the US came against a backdrop of rising concern about the Delta variant, with Treasury Secretary Janet Yellen saying on Sunday the emergence of new variants could hinder the global economic recovery.Australia has reported the highest daily cases for a year while the UK gears up to reduce restrictions in their entirety from July 19.After positive moves on Frida...Read More
Tinka has made a one-time US$145,000 cash payment to BHP, with the vendor retaining a 1% net smelter returns royalty royalty over Silvia, which may be repurchased by Tinka.Read More
Australia's Vital Metals Limited (ASX: VML) has started rare earth elements production at its Nechalacho project in Canada's Northwest Territories. In doing so, the company helped solidify Canada's role globally as the West works feverishly to establish a new technology metals supply chain independent of China's dominance.The critical production milestone makes Vital the first rare earth producer...Read More
The world is at the start of an exponential upswing in demand for the suite of technology metals as a global top-down push for the energy revolution accelerates, Ryan Castilloux, managing director of Adamas Intelligence, tells The Northern Miner.He says that despite the figures coming off a lower base in 2020 due to the coronavirus pandemic, China and the European Union saw exponential demand grow...Read More
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has sold its Harmony gold exploration project on Graham Island, Haida Gwaii, B.C., to JDA Gold, a newly incorporated company controlled by JDS Energy and Mining. Taseko will retain a 15% carried interest in JDS Gold and a 2% net smelter return royalty.Taseko purchased the Harmony project in 2001 and advanced engineering work for it until 2008. The proje...Read More
Vancouver-based junior Alpha Lithium's (TSXV: ALLI; US-OTC; ALLIF) wholly-owned Tolillar salar project in Argentina, about 170 km southeast of the city of Salta, has the potential to be a significant source of lithium products used in lithium-ion batteries for electric vehicles, says Brad Nichol, Alpha Lithium's president and CEO.The company recently produced lab-scale quantities of lithium hydro...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) says exploration successes could extend the life of its Tongon gold mine in the Ivory Coast.Speaking at a local media briefing, the company's president and CEO, Mark Bristow, said ten years after it went into production, Tongon could get a new lease on life thanks to promising results from near-mine exploration campaigns designed to replace the mine's depleted r...Read More
A report by Roskill states that the competition for controlling Li-ion batteries production has intensified globally, with continuous announcements made regarding the build-out of new Li-ion battery plants and/or capacity expansion. A case in point is Nissan's official confirmation in early July that Envision AESC will build a second, 9GWh plant in the United Kingdom. According to the market anal...Read More
The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%, to US$1,807.90 per ounce. Rio Tinto climbed US$2.36 to US$85.99 per share. Rio Tinto and POSCO, South Korea's largest steel producer, have inked a memorandum of understanding to jointly explore, develop, and demonstrate technologies...Read More
The S&P/TSX Composite Index rose 0.16% to 20,257.95 during the July 5-9 trading week. The S&P/TSX Global Mining Index climbed 2.24% to 109.76, and the S&P/TSX Global Base Metals Index jumped 2.43% to 173.35. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per oz., and the S&P/TSX Global Gold Index advanced 0.89% to 299.71.Gatos Silver increased by $1.98 to $24.20 per share. The...Read More
The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%, to US$1,807.90 per ounce. Rio Tinto climbed US$2.36 to US$85.99 per share. Rio Tinto and POSCO, South Korea's largest steel producer, have inked a memorandum of understanding to jointly explore, develop, and demonstrate technologies...Read More
The S&P/TSX Venture Composite Index dropped 3.09% to finish the trading week at 938.47. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per ounce.Rupert Resources climbed 31 ? to $5.49. The company released drill results from the Heina South prospect at its 100%-owned Pahtavaara project in Finland, about 1,200 km north of Helsinki. Highlights included drillhole 121015, which in...Read More
The S&P/TSX Composite Index rose 0.16% to 20,257.95 during the July 5-9 trading week. The S&P/TSX Global Mining Index climbed 2.24% to 109.76, and the S&P/TSX Global Base Metals Index jumped 2.43% to 173.35. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per oz., and the S&P/TSX Global Gold Index advanced 0.89% to 299.71.Gatos Silver increased by $1.98 to $24.20 per share. The...Read More
"Ten years from now, you'll put on a jacket and find a mask in the pocket. 'Oh man, what a weird year that was,' you'll chuckle to yourself. Then you'll pick up your machete and continue across the wasteland, keeping to the shadows to avoid the roving gangs of cannibal raiders." - @CasualThursdayIn the year 2020, the Earth stood still. Travel, trade, and socialization ceased as we crawled into ou...Read More
VANCOUVER, BC / ACCESSWIRE / July 8, 2021 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (theRead full newsRead More
In this week's episode of theRead full newsRead More
Franco-Nevada (TSX:FNV)(NYSE:FNV) is a leading gold-focused royalty and stream company with one of the largest and most diversified portfolio of cash flow-producing assets. The company’s business model provides investors with gold price and exploration optionality while limiting exposure to many of the risks of operating companies. Franco-Nevada is debt free and uses the company’s free...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) engages in the exploration, mine development, production, and sale of gold and copper properties. In 2020, the company achieved Barrick Gold’s production guidance, delivered strong operating cash flow of $5.4 billion, and set a new annual record of $3.4 billion for free cash flow, which has increased more than nine-fold over the last two years.The company&rs...Read More
By Jaime Llinares Taboada Caledonia Mining Corp. said Tuesday that gold production from its Blanket mine in Zimbabwe rose to a record high in the second...Read full newsRead More