Mining Stocks Articles

KORE Mining Announces Result from PEA- US$ 263 NPV5% With IRR of 40% Using US $1,600 Gold at Long Valley Gold Deposit

September 15, 2020 07:35:51 / Staff reporter

Vancouver, BC September 15, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce a positive Preliminary Economic Assessment ("PEA") for the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The PEA demonstrates Long Valley's potential to generate strong economic returns while being in full complia...Read More

Congo gold mine collapses killing at least 50

Tue Sep 15 01:27:33 2020 / Staff reporter

A gold mine has collapsed in the eastern Democratic Republic of Congo, killing at least 50 people, officials said.Read full newsRead More

Forget Warren Buffett Stocks: Beginners and Retirees Should Buy This Cheap $12 Growth Stock Instead

September 15, 2020 / Jitendra Parashar

The ongoing pandemic has made it difficult for investors to spot investment opportunities in the market. Most new investors — especially with no financial background — try to follow the legendary investors, such as Warren Buffett, to build their portfolios. However, this approach has many drawbacks and potential risks. Here are some of them.Warren Buffett’s investment approachUnd...Read More

Top 3 Canadian Stocks Picked by America's 2nd-Largest Bank

September 15, 2020 / Vishesh Raisinghani

The second-largest bank in the United States, Bank of America (BoA), has a robust and reputed investment team. This month, BoA securities quantitative strategist Nigel Tupper released a report regarding the global economic recovery. Tupper picked stocks from across the world, ranging from a French automaker to an American biotech firm, that would benefit from this economic rebound. Among his...Read More

2nd Wave? Buy TSX Stocks for Another Shutdown

September 15, 2020 / Victoria Hetherington

Anybody following Doug Ford’s recent announcements will know that further shutdowns in Ontario are not off the table following a spike in COVID-19 cases. With the premier stating that “every option is on the table,” Ontarians could find themselves bunkering down again this fall. As the country’s most populous province, the broader implications are not insignificant.Investor...Read More

Market Crash 2.0: Is it Time to Bet on Kirkland Gold (TSX:KL) Stock?

September 15, 2020 / Aditya Raghunath

The markets have staged an impressive recovery since the bloodbath witnessed in March. However, experts also believe the rebound is not in sync with market fundamentals, and there is more pain ahead for investors. The unemployment rates remain high, while several countries witnessed their worst GDP declines for several decades in the June quarter.If you expect the markets to crash again, you can s...Read More

Top Pick Tuesday: 2 Cheap Stocks That Could Double in 2 Years

September 15, 2020 / Andrew Walker

The stock market rally off the 2020 market crash wiped out most of the top deals in recent months. However, a number of high-quality cheap stocks still exist that could produce massive returns in the next two years.Is Suncor stock too cheap to ignore?Suncor (TSX:SU)(NYSE:SU) stock trades near $18 per share at the time of writing. The stock started the year above $40 and hit a March closing low aro...Read More

Stock Market Crash: Time to Buy Utility Stocks

September 15, 2020 / Debra Ray

It might be time to buy utility stocks for your retirement portfolio. No one wants the stock market to fall again. Nevertheless, many analysts are concerned about the current trajectory of the global economy.Federal reserve banks around the world are propping up the stock market through easy monetary policy. Will it be enough to sustain the market valuations of stocks until the world returns to pr...Read More

Rising commodity prices are 'greatest danger' to industry, says Odey's Steel

15 September 2020 / Staff reporter

Mining Journal: How did you end up working in the natural resources sector? Henry Steel: I am fortunate in that I knew what interested me early on.Read More

Uranium Energy Applauds the U.S. Department of Commerce on a Historic Agreement to Reduce U.S. Dependence on Russian Nuclear Fuel

September 15, 2020 / Editor

Share this article CORPUS CHRISTI - Uranium Energy Corp applauds the U.S. Department of Commerce or negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America's dependence on Russian natural uranium concentrates up to 75% from prior levels. An initialed draft agreement between the DOC and Russia's State Atomic Ene...Read More

Kore Mining outlines low-cost heap leach development at Long Valley

September 15, 2020 / Canadian Mining Journal staff

Kore Mining (TSXV: KORE; US-OTC: KOREF) has released the results of a preliminary economic assessment (PEA) for its wholly owned Long Valley gold deposit in California's Mono County, which suggests low costs, both in terms of the up-front capital required, as well as during operations.In a news release, Kore highlights how the PEA has the "potential to generate strong returns while being in full c...Read More

Tectonic Metals drills high-grade gold at Tibbs project in Alaska

September 15, 2020 / Carl A Williams

Tectonic Metals (TSXV: TECT; US-OTC: TETOF) has released the first set of drill results from the 2020 drilling campaign at its Tibbs gold project, located in the Goodpaster mining district, 175 km southeast of Fairbanks, Alaska and 35 km from Northern Star Resources' (ASX: NST) Pogo mine. The 27-hole, 3,202-metre drill program focussed on the Michigan zone, where a new high-grade mineralized str...Read More

Oklo Resources executive buys more shares in West Africa-focused junior

September 15, 2020 / Northern Miner Staff

Simon Taylor, managing director of Oklo Resources (ASX: OKU), has acquired 400,000 shares of the company.The Australia-listed company is advancing its flagship Dandoko gold project in Mali, 30 km east of B2Gold's (TSX: BTO; NYSE-AM: BTG) Fekola project and 50 km southeast of Barrick Gold's (TSX: ABX; NYSE: GOLD) Loulo project.At the end of August, the company reported assay results of 12 reverse c...Read More

The Northern Miner Podcast - episode 204: Climate change action 'makes good economic sense', ft BHP CEO Mike Henry

September 15, 2020 / Posted Adrian Pocobelli

This week's episode features BHP's "Building a Better World Climate Change Briefing" that was broadcast to the internet on Sept. 10. Led by BHP chief executive officer Mike Henry, the webcast revealed how the world's largest mining company plans to address the challenges of climate change, including concrete steps it's taking to reduce Scope 1, 2 and 3 emissions. The presentation also included chi...Read More

E3 Metals discovers lithium enriched aquifer in south-central Alberta

September 15, 2020 / Northern Miner Staff

Calgary-based lithium developer E3 Metals (TSXV: ETMC; US-OTC: EEMMF) announced the discovery of a new lithium enriched aquifer in south-central Alberta. The lithium enrichment was discovered in the Nisku aquifer, and the company says sampled lithium grades ranged up to 75 milligrams per litre (mg/L).The Nisku is laterally extensive across the company's permit area and is located just above anoth...Read More

BHP freezes top-level salaries

September 15, 2020 / Cecilia JamasmieMiningcom

BHP (NYSE: BHP; LSE: BHP) has frozen the salaries of its key executives for the coming financial year, while paying chief executive officer Mike Henry US$6.1 million for the first six months on the job.In its remuneration policy section of its annual report, the world's largest miner said that Henry, who replaced former boss Andrew Mackenzie in January, owed most of its salary to short- and long-t...Read More

Appia Energy pushes 'critical' rare earths project in Saskatchewan

September 15, 2020 / Posted Daniel Sekulich

Following last month's announcement by the Government of Saskatchewan to build a $31 million domestic rare earths processing facility, Appia Energy (CNSX: API; US-OTC: APAAF) has released the results of assays taken from its wholly owned Alces Lake REEs project in Saskatchewan. The 143 sq. km property is situated 30 km east of Uranium City in the Athabasca Basin of northwestern Saskatchewan.Speaki...Read More

Atlantic Nickel extends Santa Rita mine life to 34 years

September 15, 2020 / Carl A Williams

Appian Capital Advisory's Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of the largest open-pit nickel sulphide mines in the world, was acquired by the private equity firm from Mirabela Nickel in a bankruptcy process in 2018. Since open-pit operations restar...Read More

Central Asia Metals reports tailings leak in North Macedonia

September 15, 2020 / Northern Miner Staff

Central Asia Metals (AIM: CAML) has reported that tailings from its Sasa zinc-lead mine have leaked into a local river in North Macedonia.The leakage, discovered at 5 a.m. on Sept. 14, "was stopped soon after and nobody has been harmed," the company said in a statement, adding that "an investigation is now underway to ascertain the volume of leaked material as well as the root cause."The undergrou...Read More

This Forgotten TSX Stock Is Breaking Out: Time to Buy?

September 15, 2020 / Kay Ng

Teck Resources (TSX:TECK.B)(NYSE:TECK) is a highly cyclical stock. And that’s what made it possible to make a big run from $5 to $60 per share, a 12-bagger, more than a decade ago.More recently, from 2015 to 2018, it had another nice ride from $5 to $38 per share for a seven-bagger.The stock’s most recent low of $9 in March this year didn’t seem nearly as attractive as its sell-o...Read More

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