Brigadier Gold Limited is pleased to announce that it has appointRead full newsRead More
MacDonald Mines Exploration Ltd. announces the results of its 202Read full newsRead More
Two heavy-weight quant-oriented investors take to Real Vision today to answer the question, when will this period of extreme valuations end? Mike Green sits down with investing legend Rob Arnott who is the founding chairman of Research Affiliates and discover they have more in common than just concerns about current market valuations. Both took it on the chin in more ways than one during the tech...Read More
VANCOUVER, BC, July 28, 2020 /PRNewswire/ -- First Mining Gold Corp. ('First Mining' or the 'Company') (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG), ...Read full newsRead More
North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.Read full newsRead More
Newmont (NYSE: NEM, TSX: NGT) said on July 29 that higher gold prices helped generate significant free cash flow in the second quarter of 2020.The world's largest gold miner's adjusted net income for the June quarter was $261 million, or 32 ? per diluted share, compared with $92 million, or 12 ? per diluted share, in the prior-year quarter. The results topped analysts' estimates of 31 ? per share....Read More
Mining is a wealth-creation industry that produces the metals and minerals essential to every sector of our economy. For instance, in 2018, Canada produced over 60 minerals and metals from almost 200 mines and 6,500 sand, gravel, and stone quarries valued at $47 billion, according to Natural Resources Canada.Mineral exploration is at the front end of the mining industry, and the discovery of new o...Read More
After gold prices skyrocketed past their 2011 all-time highs of $1,920, gold’s spot price slid back to $1,930 in Thursday’s trading session, down 0.6% from its earlier closing price of $1,940, as gold bulls took a pause before another attempt to push the precious metal higher off its record levels. The growing concerns regarding the course of the US economy persist, so is unlikel...Read More
There is a growing disconnect between economic fundamentals and the recent stock market rally. While the number of active coronavirus cases is accelerating, global equities have continued to soar higher. The TSX at large has surged more than 45% since March lows, marking one of the best recoveries on record.What’s more concerning is, some riskier stocks went too far recently, despite the glo...Read More
This fall could be extremely frothy for Canadian investors. TSX stockholders will find themselves having to contend with a market caught in the crossfire between a U.S. election, ongoing vaccine uncertainty, and dire economic revelations.Now, throw in international tensions, uneven earnings reports, and growing industrial bearishness. If the markets manage to escape a major correction by December,...Read More
Aluminum alloys. Stock image. Scientists in Japan have developed a machine learning approach that can predict the elements and manufacturing processes needed to obtain an aluminum alloy with specific, desired mechanical properties.The approach, published in the journal of Science and Technology of Advanced Materials, could facilitate the discovery of new materials.Aluminum alloys are lightweight,...Read More
Credit: Vizsla Vizsla Resources (TSXV: VZLA) has closed a bought deal private placement for around 16 million units of the company at a price of C$1.87 per unit for gross proceeds of C$30 million (about $22m) and includes the exercise in full of the underwriters' over-allotment option.Each unit consists of one common share in the company and one common share purchase warrant, with each warrant e...Read More
Image from Cariboo Regional District's YouTube channel. Kore mining has increased its wholly owned land holdings in the southern part of British Columbia's Cariboo gold district, to 1,000 sq. km - the company's claims now cover 110 km of the prospective Eureka structural trend, host to its FG and Gold Creek orogenic gold projects."It's a rare occurrence when a company controls a dominant positio...Read More
At the construction announcement for the Odyssey ramp at the Canadian Malartic mine in Quebec. Credit; Canadian Malartic Mine Joint-venture partners Agnico Eagle Mines and Yamana Gold will begin construction on an underground ramp at their Canadian Malartic open pit mine, 25 km west of Val-d'Or, Quebec in August.The Odyssey ramp is expected to take two years to build, and will eventually allo...Read More
Clearwater base camp, Quebec. Image from Eastmain. Auryn Resources is acquiring Eastmain Resources in an all-share deal valued at C$121 million to create Fury Gold Mines. "Fury Gold will combine the high-grade gold projects: Committee Bay in Nunavut, Homestake Ridge in B.C. and Eau Claire in Quebec, to offer investors a robust, Canadian, gold-focused exploration and development company," Ivan...Read More
Share this articleTORONTO - Centerra Gold Inc. is boosting its quarterly dividend by 25 per cent after reporting that earnings soared in its latest quarter on a 21-per-cent boost in revenues.The Toronto-based mining company says it will pay five cents per share, up from four cents.Centerra earned US$80.7 million or 27 cents per share in the second quarter, up from US$33.4 million or 11 cents per...Read More
Well, I think we can say it officially happened...The price of gold increased to $2,000 an ounce for the first time in history.And despite hitting its head on the ceiling, all signs are still pointing to higher prices from here.Shaking off profit-taking in the Western markets yesterday, gold for December delivery (the most active futures contract) increased to $2,005.40 per ounce last night.As I m...Read More
Joint-venture partners Agnico Eagle Mines (TSX, NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY) will begin construction of an underground ramp at their Canadian Malartic open pit mine, 25 km west of Val-d'Or, Que., in August.The Odyssey ramp is expected to take two years to build, and will eventually allow the joint venture to collect a bulk sample of up to 40,000 tonnes, to conduct more tightly...Read More
Centerra Gold (TSX: CG) announced that the company recorded net income of US$80.7 million, or 27 ? per share, for the second quarter of 2020, more than double the US$33.4 million, or 11 ? per share, earned in the prior year.Adjusted net earnings came to US$97.8 million, or 33 ? per share, compared with US$33.4 million, or 11 ? per share, in Q2 2019.Revenues rose to US$412.7 million from US$340.5 m...Read More
Vizsla Resources (TSXV: VZLA) has closed a bought deal private placement for 16 million units of the company at a price of $1.87 per unit for gross proceeds of $30 million and includes the exercise in full of the underwriters' over-allotment option.Each unit consists of one common share in the company and one common share purchase warrant, with each warrant entitling the holder to purchase one co...Read More