It was worth $1,792/oz at the time of writing.Meanwhile Orefinders Resources' spin-out American Eagle Gold (TSXV: AE) started trading yesterday, having raised C$3.6 million at 20c per share.Part of the Ore Group, insiders and management own 44% of the company, which is focused on its flagship Golden Trend asset in Nevada adjacent to Barrick Gold and Newmont's Goldrush joint venture.It said its VP...Read More
The average long-term market rate of return is about 7%. So, it’s extraordinary that these three TSX stocks have at least 40% upside potential over the next 12 months!Like gold or silver?All the money printing around the world is making fiat currencies like Canadian dollars and U.S. dollars worth less. This, in turn, should make gold and silver worth more.Investing in Wheaton Precious Metals...Read More
Buying the dip on beaten-down stocks may sound like a risky proposition. However, it may also provide investors an opportunity to buy stocks at an attractive valuation. We’ll look at three such undervalued gems you can buy on the TSX today.Real MattersReal Matters (TSX:REAL) stock is trading 20% below its 52-week high. This company provides residential and real estate appraisal as well as ti...Read More
Uranium Participation (TSX:U) is a company whose primary purpose is to invest in uranium such that the common shares of the company represents an indirect interest in physical uranium. An investment in the common shares of the company provides investors with exposure to increases or decreases in the value of the company’s underlying assets.Exposure to precious uraniumIn the case of Uran...Read More
First-quarter royalty payments amounted to US$451,314, the company said in an update on Friday.Read More
Share this article VANCOUVER - United Lithium Corp. [ULTH-CSE; ULTHF-OTC] signed a letter of intent with Sunstone Metals Ltd., Scandian Metal Pty. Ltd., Scandian Metals AB and Nortec Minerals Corp. contemplating the potential acquisition by the company of 100% of the Kietyonmaki lithium project in Finland.The Kietyonmaki lithium project, located in the Kietyonmaki lithium prospect, was discovered...Read More
We spoke with Kyle Floyd, CEO of Vox Royalty Corp. (TSXV: VOX), a high growth precious metals royalty and streaming company, established in 2014, which holds a portfolio of 50 royalties and streams, spanning nine jurisdictions. We learned from Mr. Floyd that Vox is focused exclusively on buying third-party royalties, which are royalties that are held by third parties, over various mining operation...Read More
NASA recently flew a helicopter on Mars for the fourth time, which finishes the testing stage and sets up the work stage for the Mars aircraft.It is called the Ingenuity and its flight has been compared with the Wright Brothers' first flight to Kitty Hawk, North Carolina, in 1903. After all, it is setting a lot of records. Its most recent flight flew at 16 feet for over 300 yards and took 60 pictu...Read More
This week's episode features Agnico Eagle Mines' Q1 2021 conference call with CEO Sean Boyd, who discusses the company's efforts on ESG and coronavirus vaccinations, as well as the latest exploration targets at Hope Bay and Canadian Malartic. He also expands on the company's strategy to 'optimize existing assets' in jurisdictions with low geopolitical risk.Also, Revival Gold president and CEO Hugh...Read More
Tasked with talking about the role of mining in society as part of the opening plenary at this year's virtual CIM convention, Anglo American (LSE: AAL) chief executive Mark Cutifani didn't mince words.With a world population of 7.6 billion that's growing toward 9 billion, "the simple fact is that the world cannot survive without mining and our contribution to literally every aspect of modern life,...Read More
It is one thing to get people to do something. It is another to have them keep doing it.Call it recidivism. Call it buyer's remorse. From weight loss to crime, from convenience to addiction. It all looks the same.Sign people on, watch them realize it isn't for them.Tell that to the electric vehicle - especially the purely battery-powered EV - crowd.To be honest, we deal with this all the time arou...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) is offering to buy JCU (Canada) Exploration Company, a wholly owned subsidiary of Overseas Uranium Resources Development Company Ltd., for cash payments of up to $40.5 million in three instalments and the assumption of JCU's liabilities.JCU (Canada) Exploration Company holds a 10% stake in Denison's 90%-owned Wheeler River project, which Denison describes as...Read More
Last week, Anthony Milewski, a director of International Consolidated Uranium, made the case to our readers that uranium sentiment is finally improving and the nuclear fuel is now having its day in the sun after years in the darkness following the Fukushima nuclear disaster in 2011. Milewski noted that there seems to be a shift in the willingness of governments to discuss nuclear energy openly now...Read More
Osisko Mining (TSX: OSK) has reported the latest drill results from infill and expansion drilling at its 100%-owned Windfall gold project in Quebec's Abitibi greenstone belt, 200 km northeast of Val-d'Or and 115 km east of Lebel-sur-Quevillon.Highlights included drillhole WST-21-0729, which was drilled on the Triple Lynx zone, and intersected 2.7 metres grading 124 grams gold per tonne from 304.9...Read More
Grade control drilling at Artemis Gold's (TSXV: ARTG) Blackwater project in central B.C. has confirmed that the starter pit outlined in a 2020 prefeasibility study contains wide, near-surface intervals of elevated gold grades.Highlights of the reverse-circulation drill program include: 27 metres of 12.5 grams gold per tonne starting at 24 metres depth; 33 metres of 10.4 grams gold per tonne starti...Read More
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has announced a $30 million bought deal public offering, the proceeds of which will be used to advance development of the Triple R deposit in Saskatchewan.The company is issuing 50 million units, each of which is priced at $0.60. Each unit will be comprised of one common share and one-half of a share purchase warrant. Each full warrant will entitle the hol...Read More
Growing up on a farm in northeastern Scotland, Sarah Gordon saw how sustainability was the key to peak agricultural production, and was always aware of the importance of the environment. Choosing a path as an exploration geologist and recognizing the need for a better way of doing things than were being done in the coal mines of the U.K. in the 1980s and 1990s, Gordon saw the mining industry co...Read More
The timeline is the most detailed Ford has given for such production, but it doesn't mean the company will be producing battery cells by then.Read full newsRead More
American Eagle Gold Corp. is pleased to announce that effective tRead full newsRead More
Fortuna Silver Mines is acquiring Roxgold. Fortuna shareholders will own 64% of the combined company. The price offered is a 42% premium to the pre-announcement price but is at 0.88x of NAV.Read full newsRead More