Describing silver as a "metal important for future technologies" (MIFT) in a new report on the outlook for commodities in 2021, Bank of America said the "current focus on decarbonisation/solar panels should support fundamentals.""The silver market has rebalanced on production discipline and demand from new applications including solar panels," the bank stated. "If more spending on solar panels com...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has reported new drill results from its fully-funded $21 million exploration program on its 100%-owned flagship Dixie project, about 25 km southwest of Red Lake, Ontario.The latest drill results are from holes spaced 40-150 metres apart in previously undrilled gaps and step-outs on a 4,200 metre by 500 metre drill grid on the LP zone. The zone is a...Read More
O3 Mining (TSXV: OIII) has reported new drill results from the Gold Hawk zone at its Marban gold project, part of the company's wholly-owned Malartic property located near Val d'Or, Quebec.The current 45,000 metre drill program is focused on expanding mineralization outside of proposed pit areas previously outlined in a preliminary economic assessment released in early September.O3's president and...Read More
If leadership on climate action and environmental best practices are worthwhile pursuits, then the Canadian mining sector is an industry that's deserving of Canada's - and the global market's - full support.And if a strong regulatory framework for environmental performance, growing Indigenous support and a superior record on human rights are equally important benchmarks, then our country's mining...Read More
Underground at the MCSA copper complex Credit: Ero CopperVancouver-based copper and gold producer Ero Copper (TSX: ERO) has tabled an updated resource and reserve statement for its NX Gold mine in Brazil. With this update, the underground operation now has an expected mine life of six years.In conjunction with the updated reserve numbers, Ero released an updated mine plan for NX Gold, which sugges...Read More
Castle Mountain heap leach Credit: Equinox GoldEquinox Gold's (TSX: EQX; NYSE-AM: EQX) Castle Mountain mine in California has declared commercial production. The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year. The company completed construction of the asset in mid-September.In its first, 12,700 tonne...Read More
A long-running battle between Nordgold (LSE: NORD) and China's Shandong Gold over Cardinal Resources (ASX: CDV) has taken an unexpected turn after a Ghanaian firm formally presented on Tuesday an all-cash, unsolicited offer for the Australian miner.Engineers & Planners Company is topping previous bids for Cardinal with a conditional, off-market takeover offer of A$1.5 (US$1.10) per share, that wo...Read More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
ALX Resources Corp. is pleased to announce that it has executed aRead full newsRead More
Kerr Mines Inc. and Star Royalties Ltd. are very pleased to jointRead full newsRead More
African Gold Group would like to invite shareholders and the geneRead full newsRead More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN kept up its torrid pace rising 35.5 points, or 3%, to finish at 1205.15. Indeed, over the last 3 weeks, the Index has jumped nearly 150 points or 14%.Our short-term momentum indicator, RSI, climbed to 74.82 making a multi-month high and is overbought. The long-term...Read More
If you have got only a few dollars to spare and want to start investing, worry not. Investing in stocks, even with small amounts, can generate a considerable amount of wealth in the long term. Several TSX-listed stocks are trading at smaller dollar amounts but have strong fundamentals that could help these companies to outperform the broader markets in the long run. So, if you want to start i...Read More
The wealth-eroding effects of inflation are pretty insidious, especially over the long run. Many central banks desire to get inflation at that healthy range of about 2%. But sometimes, even hawkish central bank intentions may be forced to navigate off the path of its target.With the coronavirus crisis sparking an unprecedented magnitude of money-printing, there are fears that we could be in for an...Read More
Warren Buffett has been one of the top investors in the equity markets for almost six decades. So, whenever the Oracle of Omaha buys or sells a stock, it is big news for investors. Warren Buffett-owned Berkshire Hathaway recently reported its 13F filings, which revealed that the company reduced its exposure to Barrick Gold (TSX:ABX)(NYSE:GOLD) by 42% in Q3.Investors were surprised when Berkshire H...Read More
Share this articleTORONTO - Kerr Mines Inc. (TSX: KER, OTC: KERMF) and Star Royalties Ltd. jointly announced the closing of the first installment of their previously announced US$18,000,000 gold purchase and sale agreement which will be used to finance the restart of underground operations and gold production at the Copperstone Gold Mine in Arizona, USA.Giulio T. Bonifacio, Chief Executive Offic...Read More
Share this article TORONTO - Sherritt International Corp. says president and CEO David Pathe intends to step down from his role in 2021 but will stay on until a replacement is in place.The company says Pathe's eight years as leader were marked by difficult and unpredictable nickel prices and financial threats posed by its participation in the Ambatovy nickel mine in Madagascar.The Toronto-based c...Read More