Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold.The agreement covers about 83 sq.-km of S2's noncore gold tenements in Finland, with the Australian junior on Thursday saying that it would retain full ownership of 498 sq.-km of ground holding the Aarnivalkea gold prospect and the Ruo...Read More
Russian gold producer Nordgold is planning an initial public offering (IPO) of at least 25% of its existing shares in London, with a secondary listing in Moscow, as it seeks to take advantage of renewed interest in gold investments.The miner won't sell new shares, but said the IPO would broaden its financing opportunities and help the company to retain key managers. It said it hoped for a premium...Read More
Recent drill results from Newcore Gold's (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company's district-scale exploration opportunity in Africa's top gold producing nation, president and CEO Luke Alexander tells The Northern Miner.On June 1, Newcore reported drilling at the Boin gold deposit, one of three resource-stage deposits comprising Enchi, had intersected 0.9 grams gold...Read More
For more than a year now, I've been ringing alarm bells about inflation.But earlier this spring (March 11) I called out oil prices specifically."Oil prices have staged a comeback and are now trading above $65 per barrel - an 80% surge from their October lows," I noted. "Better still, for the industry at least, they're poised to shoot even higher."And indeed oil prices have continued their climb.We...Read More
Cryptocurrencies like Bitcoin have absolutely exploded recently, in large part thanks to widespread asset price inflation and ...Read More
Atlantic Gold's environmental impact statement drew strong criticism from individuals and groups who weighed in on the Fifteen Mile Stream project.Read full newsRead More
Marvel Discovery Corp. is pleased to report it has received its fRead full newsRead More
More reforms needed to prevent year-long delaysRead full newsRead More
Tesla is expected to become the first automaker to use LG Energy Solution's new NCMA battery cells, which have a 90% nickel composition. Over the last few years, Tesla has been adopting more new chemistries in its battery cells for its electric vehicles, especially with new vehicles being produced at Gigafactory Shanghai. By validating new [...]Read full newsRead More
Trend over the last decade suggests nuclear is in declineRead full newsRead More
Finding relatively discounted stocks isn’t difficult, regardless of how bullish the market is and how consistently it has been growing over the past few years. Some sector is always in trouble, and individual stocks might slip for a myriad of reasons. Isolated challenges affecting specific industries can also bring powerful stocks to their knees, even if the market is strong.The difficult pa...Read More
The broader market continues to reach new heights in 2021. The S&P/TSX Composite Index rose by 3.3% in May, posting its fourth consecutive monthly gains. The ongoing economic reopening process and improving business outlook are helping stocks to soar this year. Interestingly, gold prices have also rallied sharply in the last couple of months. In May alone, gold prices rose by more than 7%, mak...Read More
The latest attempt to gauge the strength of the mining industry has been made by measuring activity in the services sector and by tracking costs.Read More
Share this article TORONTO - Maritime Resources Corp. [MAE-TSXV] on Wednesday, June 2 said it has initiated a fully-financed exploration program at its Hammerdown gold project in the Baie Verte mining district on the island of Newfoundland.The company said exploration activities are underway with two drills exploring along the highly prospective Hammerdown Deformation Zone, and will work outwards...Read More
Elon Musk made a bold move three weeks ago.In one stunning tweet, the Tesla magnate announced that his company was no longer accepting purchases in Bitcoin.To be fair, I wasn't sure who was willing to pay for their Model 3 in Bitcoin to begin with. Tesla itself generated more than $100 million in revenue after trimming its crypto position and still holds a sizable position.Musk even made a point i...Read More
The nickel price will remain on a gradual uptrend in the long term as the global market remains in deficit, prompting Fitch Solutions to upgrade its long-term nickel price outlook from US$15,750 per tonne to US$16,500 per tonne for 2021.London Metals Exchange nickel prices are expected to tick lower than present spot levels in the coming months, as demand from steel production stabilises and new n...Read More
SolGold (TSX: SOLG; LSE: SOLG) and shareholder Cornerstone Capital Resources (TSXV: CGP) have ended a two-year standoff that cost the miner's chief executive officer his post, agreeing to jointly advance the Cascabel copper-gold project in northern Ecuador.The move will allow the parties to explore financing options for the mine, which is expected to begin production in 2025.Canada's Cornerstone h...Read More
Foran Mining (TSXV: FOM) is considering expanding the 30,000 metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax Financial Holdings for a $100 million investment.Drilling at McIlvenna Bay continues to define a band of thick, copper-rich mineralization in the Massive Sulphide (MS) and underlying Copper Stockwork zone...Read More
Privately held Minera????o Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget.At full capacity, the mine will produce on average 22,000 tonnes per year of copper at a time when the metal price is trading at record highs and in an environment where the gold price could set...Read More
It doesn't have the flash of gold...... And it's nowhere near as sexy as silver...It's not even as well-known as the more boring metals like copper, nickel, and zinc.But vanadium has long served as a vital industrial metal. And now it's quickly transitioning into a critical energy metal.Vanadium is a soft white metal (chemical element V and atomic number 23) that's mostly used as a steel hardener....Read More