It's been a wild ride, eh? Hold onto your butts, we're just getting started.There's a lot of talk about what investors are comfortable with when it comes to market volatility and churn.Even that is buried under the daily "market move" headlines.One day they claim investors seem to be okay with the myriad of risks in the market. The next is a massive sell-off.Risk on, risk off, then risk on with a...Read More
Share this article IHS Markit's forecast sees oil sands production at 3.6 million barrels per day in 2030, nearly 650,000 barrels per day more than in 2021Canada's oil sands sector is poised for a major environmental improvement within the next five years. According to analysis by consultancy IHS Markit, total oil sands greenhouse gas emissions are on track to start going down.This follows more t...Read More
When I first saw this picture, I was thoroughly impressed...The president of Ukraine standing strong in defiance of a bloodthirsty enemy who has already called for his execution. But his thirst for freedom is so unrelenting that he refuses to flee or abandon the people who rely on him to protect their sovereign land. Now, I don't know much about President Volodymyr Zelenskyy, but here's what I do...Read More
The Russian invasion of Ukraine has the potential to establish a new commodity world order that tilts reliable supply toward North America, Bloomberg Intelligence says in a research note.Analyst Mike McGlone argues that should oil and gas prices continue to spike amid the increased geopolitical tension, it could very well be the catalyst for a global recession."The conflict is unique, but in 2008,...Read More
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify due to Russia's invasion of Ukraine.The company says it will also suspend operations at its Kupol mine, focusing on the safety and well-being of its more than 2,000 employees and recognizing its obligatio...Read More
Argonaut Gold (TSX: AR) has completed a bought deal private placement of 19.78 million flow-through common shares to raise total proceeds of $51.84 million.This amount includes the full exercise of an over-allotment option to purchase an additional 2.58 million shares (15% of the original amount, as announced in its press release on Feb. 14).The placement was conducted per the terms of an agree...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) closed its offering of 14.5 million flow-through common shares priced at $1.325 each for total gross proceeds of $19.2 million. The sole bookrunner for the offering was Canto Fitzgerald Canada, and PearTree Canada structured the flow-through donation placement.The company will use the proceeds for qualifying Canadian exploration expenditures on its Ontario prope...Read More
Deep-South Resources (TSXV: DSM) seems to have has scored a win in its battle to renew the company's prospecting licence for the Haib copper project in Namibia, after the country's mining and energy ministry missed a deadline to file the permit's refusal. Minister Tom Alweendo declined to renew Deep-South's licence in June last year, citing the Vancouver-based company's inability to advance to a...Read More
As George Harrison once sang: "All Things must pass"... and that includes incredible journalistic and editorial tenures. With that thought in mind, I announce to you all that Trish Saywell is retiring from our team on March 15. Before joining The Northern Miner, Trish worked in Asia for several publications, including The Hong Kong Standard, Asiaweek, and the Far Eastern Economic Review...Read More
Investigating the relationship between real bond yields and the gold price over the short and long-term and outlining why ...Read More
Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (Read full newsRead More
The conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, ...Read full newsRead More
The conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, ...Read full newsRead More
In last night's State of the Union address, Joe Biden spoke about U.S. inflation telling the nation, "Too many families are struggling to keep up with their bills. I get it. That's why my top priority is getting prices under control."But there's little Biden can actually do.The consumer price index for January rose to 7.5%. That was its highest reading since February 1982.Meanwhile, consumer spend...Read More
Share this article TORONTO - Kinross Gold Corporation (TSX:K; NYSE:KGC) today reported it is deeply concerned about the loss of life and destruction in Ukraine and wishes to express its sympathy and support for the people who are suffering because of this tragic situation.The Company announced a donation of $1,000,000 to the Canadian Red Cross Ukraine Humanitarian Crisis Appeal to assist those pe...Read More
Share this article VANCOUVER - Mountain Province Diamonds Inc. [MPVD-TSX, NYSE] has entered into a supply deal with Hong Kong Stock Exchange-listed Chow Tai Fook Jewellery Group Ltd., one of the world's largest and most respected jewellery retailers.Under the terms of the supply deal, Mountain Province will provide Chow Tai Fook with a select range of rough diamonds over a one-year, renewable ter...Read More
I'm going to tell you a secret today. The last time I told someone, they mistook it as a joke and practically laughed me out of the room.Believe me, they had good reason to. It was in mid-April of 2020, just a month after the U.S. locked down tight from COVID-19, and something astounding happened to oil prices. For the first time in history, you could've been paid to take oil off people's hands....Read More
Sandfire is pleased to advise that it has completed the US$1865 million acquisition of MATSA. The transformational acquisition ...Read More
/NOT FOR DISSEMINATION INTHE UNITED STATESOR FOR DISTRIBUTION TO U.S. WIRE SERVICES/ Bald Eagle Gold Corp., (Read full newsRead More
Share this article VANCOUVER - Victoria Gold Corp. [VGCX-TSX; VITFF-OTC] reported assay results received to date from the 2021 Dublin Gulch exploration program Lynx diamond drill holes. Lynx is a newly developing on/near-surface gold target within the Dublin Gulch Gold Camp. During the 2021 season, over 20,000 metres of diamond drilling were completed across the claim package; including 11 holes...Read More