North Dakota's oil production fell four times faster than the national average between January and May, according to new data. New Mexico's production also plummeted in May.Read full newsRead More
Vancouver, BC July 23, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) ("KORE" or the "Company") announces that drill hole FG-20-373 intercepted 11.0 meters of 10.0 g/t gold starting at 44.0 meters downhole in the Upper Zone of the FG Gold Project ("Project" or "FG Gold") in the Cariboo Region of British Columbia. Drilling has also extended the June 2020 Lower Zone discovery with a new inter...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has agreed to terms with Queen's Road Capital Investment Ltd. ("QRC") (TSXV: QRC) for a US$6 million private placement of unsecured convertible debentures (the "Debentures"). The Debentures will be convertible at the holder's option at a conversion price of C$0.88 into approximately 9.1 million common...Read More
Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), is pleased to announce that its DermSafe (R) Hand Sanitizing Lotion has received the "Seal of Approval" from the Dermatology Review Panel?,,? ("DRP"). DRP is a panel of Canadian dermatologists that provide an independent review of scientific data for non-prescription products in order to authenticate a product's claims....Read More
Vancouver, BC, Canada, July 23, 2020 - LEAF Mobile Inc. (TSX.V:LEAF), a leading creator and publisher of counter-culture mobile games, today announced a 5 year worldwide exclusive partnership with B Real of Cypress Hill for the development of his first featured mobile game. The game will feature B Real's likeness, voice, music, and creative influences throughout his career. This is B Real's firs...Read More
(Bloomberg) -- Elon Musk has a plea for mining companies: "Please mine more nickel.""Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way," said Musk, chief executive officer of the electric-carmaker, during a second-quarterRead full newsRead More
The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020.1. Compass MineralsMarket cap: US$1.8 billionCompass Minerals (NYSE: CMP) produces plant nutrients, salts and magnesium chloride for applications in industrial, agricultural, commercial and consumer markets, primarily in North America...Read More
Investing is hard. What makes it so difficult is the fact that you need to have a long-term plan and you need to stick with it for the long term. My biggest mistakes happen when I fail to stick to my plan. That’s right. When you decide you are going to invest as a contrarian, you need to put your plan into place with a small percentage of money and stay the course.A hard lessonThe best examp...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Massive Canadian gold mine gets green light - Read moreTeck's Chile expansion delayed by up to six months - Read moreTesla offers "giant contract" to responsible nickel miners - Read morePentagon resumes rare earths funding program - Read moreMap shows global mining "relatively...Read More
I have stressed the fact that you don’t need a lot of cash to start investing. Even a small but regular investment in stocks with high-growth potential can help you build decent capital in the long run. So, if you’re new to the stock market and plan to start investing with smaller dollar amount stocks, consider buying these TSX stocks trading under $20.These companies have strong funda...Read More
Petra's South African operations have been severely hit by the pandemic. (Image of Koffiefontein mine. Courtesy of Petra Diamonds.) South Africa's Petra Diamonds (LON:PDL), which put itself up for sale in June, sold 23% fewer carats for 36% less revenue in the year to June 30, as the coronavirus pandemic wreaked havoc on an already struggling diamond industry.Petra, which has been hit by a tripl...Read More
Investing in a Tax-Free Savings Account (TFSA) ought to be a long-term endeavor. Being able to take advantage of tax-free capital appreciation and dividend growth is not something investors should put aside. Few things are more rewarding than seeing one’s TFSA balance increase it each year.As such, I’ve got three top picks every investor ought to consider in this current environment.Fo...Read More
Piling up gold. Image: Generation Grundeinkommen Gold rose for a fifth straight session on Thursday, reaching another nine-year high and approaching the $1,900/oz level, as rising geopolitical risks and a weakening US dollar continue to increase the metal's safe-haven appeal. Spot gold rose 1.2% to $1,894.70/oz by 11:45 EDT, its highest since September 2011. US gold futures for August delivery ad...Read More
Paying a meaty 8.8% dividend based on a share price of $17.42, Russel Metals (TSX:RUS) is one of the richest-yielding stocks on the TSX. A play for infrastructure, construction, and North American industry as a whole, this stock is more diversified than meets the eye. Here’s why Russel Metals is also a better pick for 2020 than nine out of 10 other high-yielding Canadian dividend stocks.Forg...Read More
Morenci mine, Arizona. Source: Flickr. Shares in US copper giant Freeport McMoRan (NYSE:FCX) declined by as much as 2.3% in New York trading on Thursday after the company released results that disappointed markets despite a swing to profit.The company announced net income attributable to common stock of $53 million, or 3 cents per share, in the second quarter, compared with a loss of $72 million,...Read More
Share this articleTeck Resources Ltd. saw profits fall by 165 per cent last quarter as the COVID-19 pandemic dented demand for its commodities and slashed prices.The second quarter yielded a loss of $149 million for the Vancouver-based miner, which was forced to shut down operations and halt construction at some sites.All mines are now producing, and the company has issued an updated guidance a...Read More
I have a friend who is an adult film star.She's been in the business for about 15 years, doing photo shoots, video shoots, live appearances, and even hosting a radio show on SiriusXM. She's developed a loyal following over the years and has made a decent living. She's also invested a lot of her money - mostly in my stock picks. Most notably, Canopy Growth Corporation (TSX: WEED), which turned h...Read More
Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d'Or, Quebec.Highlights from the drill program include drill hole 20-255, which intersected 14 metres grading 13.95 grams gold per tonne starting from 301 metres downhole, including 0.5 metre grading 311 grams gold, 1 metre grading 25.4 grams gold,...Read More
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada's largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to Covid-19.Delivering results for the second-quarter, in which Teck recorded a $149-million loss, the Vancouver-based miner said all its mines across Canada, the United States, Chile and Peru had continued operating.Co...Read More
Four drill rigs at Roxgold's TSX: ROXG; US-OTC: ROGFF) Sequela gold project in Cote d'Ivoire continue to return high-grade results at both Ancien and Antenna North, the company reports.Assay highlights from Ancien, which lies within 6 km of the project's Antenna deposit, came from drill hole SGRD732, which returned 14 metres grading 13.3 grams gold per tonne from 71 metres, including 4 metres of 2...Read More