In the latest issue of Insights, we assess what a Biden presidency could mean for North American stocks. It is a topic I explore in depth with Jim Goddard in my latest Howe Street interview. The newsletter also highlights an interview with Real Vision CEO Raoul Pal who remains concerned about the outlook for markets. Click here to read. Read More
Russian largest gold producer Polyus said on Monday that its second-quarter net profit rose 63% year-on-year to $684 million due to a 31% increase in gold prices.Read full newsRead More
The alliance has begun sampling around Sanru, Japan Gold's largest project, located on Hokkaido island.Read full newsRead More
Shares in TRQ slumped by 22% on Thursday morning after Rio said a TRQ rights issue would be needed to close the funding gap for its expansion of the Oyu Tolgoi copper mine in Mongolia.Read More
The PGM sector is the industry's biggest employer in South Africa but is facing challenges including unreliable power supply, increased PGM recycling, dwindling Chinese jewellery demand and increased market share by electric vehicles which require no PGMs, the Minerals Council South Africa said."If South Africa is willing to invest in demand for PGMs and encourage investment, this could be of huge...Read More
Share this articleMONTREAL - Manganese X Energy Corp. has announced that it has received additional favorable metallurgical results from Kemetco Research Inc. (Kemetco) in the development process that has now demonstrated greater efficiency and improved economics leading to commercialization.The Company completed phase 1 yielding manganese sulphate with a purity exceeding 99.95 per cent with low...Read More
"I don't know."It's a phrase I wish more folks would embrace.Particularly when it comes to COVID.Last week, a colleague of mine asked me if I thought the COVID situation was overblown.How could I possibly know such a thing?I'm not a doctor.I have no experience in data analysis when it comes to infectious disease outbreaks.I barely squeaked out a passing grade in Biology, and it took me three attem...Read More
September 10, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to provide an update on its newly expanded now 2,600 SQKM mineral tenure Thorn Gold-Copper-Silver Project, located in the Golden Triangle of Northwestern British Columbia.Highlights:Drilling is ongoing with 3,025m within 16 core holes on the West and Central Outlaw Gold targets complet...Read More
In an interview at Ernst & Young's virtual Americas Mining & Metals Forum, Barrick Gold (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow spoke about the importance of building a strong licence to operate, creating lasting relationships with governments and all stakeholders, and attracting generalist investors.Jeff Swinoga, co-leader of EY's Canada Mining & Metals division, began the discussion...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has announced the results of exploration work done at the company's wholly owned Hasaga project, situated in the Red Lake gold district of northwestern Ontario.Hasaga, located contiguous to Pure Gold Mining's (TSXV: PGM; LSE: PUR) Madsen project, is host to three past-producing mines, Hasaga, Buffalo and Goldshore.The company earmarked $4 million for...Read More
BHP (NYSE: BHP; LSE: BHP) has unveiled a revamped strategy to cut operational emissions by 30% by 2030 from this year's levels, but it stopped short of tackling Scope 3 emissions - those generated indirectly when consumers burn or process the company's oil, coal or iron ore.The world's largest miner, which is also one of the biggest carbon emitters, will focus on using cleaner forms of power suppl...Read More
Liberty Gold (TSX: LGD) has released reverse circulation (RC) drill results for nine holes testing the D3 and D1 targets at the company's Black Pine gold project in southern Idaho. Both zones returned high-grade intervals of oxide gold, with additional infill and step-out work planned.Drill highlights from the D3 zone, discovered in June, include 8 metres of 1.99 grams gold per tonne starting at 2...Read More
B2Gold (TSX: BTO; NYSE: BTG) says it has completed a mill expansion at its flagship Fekola mine in Mali, which will process 7.5 million tonnes of ore per year, almost a month earlier than planned.The mid-tier gold miner said it had finished all major construction activities associated with the mill expansion, as well as the execution of a process performance test to compare with design expectation...Read More
With high volatility and tons of uncertainty, it’s tough to ascertain which way the stock market will go. The stock market’s growing disconnect with the economy further makes prediction tough. However, a few TSX stocks could continue to perform well irrespective of where the market goes and should be on your radar.Let’s focus on three stocks that are likely to outperform the broa...Read More
There has been a lot of press focused on gold with this economic downturn. While gold certainly has its merits, the other metal many are forgetting to discuss is silver. Silver stocks continue to outperform the market and have also given gold a run for its money.As you’ll see below, during the last three months, silver caught right up to the Canadian market performance and to gold as well. B...Read More
Share this articleCANBERRA, Australia - Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday."Significant stakeholders have expressed concerns about executive accountability for the failings identified," Rio Tinto said in a statement.By mutual...Read More
Moneta Porcupine Mines (TSX: ME) has released a positive preliminary economic assessment (PEA) for the South West deposit at its Golden Highway project, near Timmins, Ontario.The study outlines a 1,750-tonne-per-day underground mine that would produce an average of 76,000 oz. gold per year over a mine life of 11 years at all-in sustaining costs (AISCs) of US$747 per ounce. Mining would be via ramp...Read More
FPX Nickel (TSXV: FPX) has released the results of a preliminary economic assessment (PEA) on the Baptiste nickel project in the company's Decar nickel district, in B.C., which, according to Martin Turenne, the company's president and CEO, "establishes Baptiste as a premier large-scale nickel project."The study suggests a 35-year, 120,000-tonne-per-day open-pit operation, with an onsite magnetic s...Read More
A king that would not feel his crown too heavy for him, must wear it every day; but if he think it too light, he knoweth not of what metal it is made.Sir Francis BaconElon Musk is the new king of the automobile - but I'm not too sure he knows what metal his crown is made of.We've watched him take his eyes off the prize several times now: from smoking a joint on a podcast to Tweeting about taking T...Read More
Gold's moment in the sun is nearly here.While uncertainty continues causing spikes and drops in the broader market, gold is continuing its climb higher. While mass sell-offs followed by short-lived valleys continue to give investors in the NASDAQ and S&P 500 mild panic attacks, gold investors have been able to breathe much more easily with the yellow metal's more stable changes in price. Any rec...Read More