As we see coronavirus cases rising rapidly in several states, it’s natural to wonder if we might have another market crash.These rising case counts are coming on the back of reopenings that many experts criticized for being done too quickly. Regardless of the reasons for the rise in case counts, the fact of the matter is that the numbers are skyrocketing.Some governors have even called for t...Read More
Olympic dam copper mine in South Australia. (Reference image courtesy of BHP). The International Copper Association Australia (ICAA) commissioned the University of Sydney's Warren Centre for Advanced Engineering to develop a strategic roadmap to achieve a 'zero-emission copper mine of the future.'In a 68-page report, the Warren Centre explains that, typically, greenhouse gas emissions through the...Read More
White Mesa mill. (Image courtesy of Energy Fuels). As the US pushes to dilute China's monopoly and develop a domestic rare earth supply, Colorado-based Energy Fuels (TSX: EFR) is working towards being at the forefront in the race.Energy Fuels is the owner of the White Mesa Mill in Utah, the only fully-licensed and operating conventional uranium mill in the United States. The facility is normall...Read More
Queen Elizabeth the II. (Image by the Government of Alberta, Flickr). The famous Cullinan diamond, which is now the centrepiece of the British Crown Jewels, likely originated in Earth's lower mantle, right beneath the rigid and stable continental plates, where the mantle is slowly moving or convecting.The finding is part of ongoing research carried out by Evan Smith and Wuyi Wang at the Gemologic...Read More
Share this articleCALGARY - For veteran geologist Roger Moss, this year's runup in gold prices to seven-year highs over US$1,750 per ounce could not have come at a better time.The president and CEO - and only full-time employee - of two-year-old Labrador Gold Corp. had been focused on prospecting in Labrador until early this year when news emerged of a potentially significant gold discovery near...Read More
If you are wondering why the BMO (BMO) underperformed the other big banks on Friday, Jack Farley may have the answer in the latest Real Vision Daily Briefing. He does a nice job reviewing the Fed stress test results on banks. A BMO name stands out, and not in a good way. Today, I also look at the stunning developments in crypto finance and some big movers in the Healthcare sector. We also have a...Read More
Aston Bay Holdings Ltd. (TSX-V: BAY; OTCQB: ATBHF) is a mineral exploration company, exploring for gold and base metal deposits in Virginia, USA, and Nunavut, Canada. We learned from Thomas Ullrich, CEO and Director of Aston Bay Holdings, that they have a brand new high-grade, near-surface discovery at the Buckingham Gold Project, Virginia, in the best jurisdiction in the world. In the near-term,...Read More
Gord Stothart, President and CEO of Iamgold, is interviewed by Adrian Pocobelli, Online Editor of The Northern Miner, at the 2020 Canadian Mining Symposium on Zoom.Read More
(Bloomberg) -- Harmony Gold Mining Co. raised $200 million through a share sale after investors backed its plan to purchase AngloGold Ashanti Ltd.'s last South African operations. Harmony decided to sell shares after its mines were shuttered during a coronavirus lockdown, impacting its original plan to finance the $300 million deal with cash and deferred payments. AngloGold's Mponeng mine and Mine...Read More
The zero-premium merger of SSR Mining and Alacer Gold could net the new SSR a higher stock price, especially with gold prices risingRead full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce it has completed its previously announced non-brokered private placement financing (the "Offering") pursuant to which Accel Telecom Ltd. ("Accel") subscribed for 1,330 senior unsecured convertible debentures (the "Convertible Debentures") at an issue price of CDN$1,000 pe...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Canadian regulators have given Endeavour Mining (TSX: EDV) the go-ahead for the acquisition of smaller rival Semafo (TSX: SMF), which would create West Africa's top gold producer.The Minister of Innovation, Science and Industry, said Endeavour, determined there was no need for a national security review of the $1 billion (US$732 million) deal, announced in March this year.Both companies' boards an...Read More
If you hold metal stocks — or anything tangentially related to manufacturing — you may want to turn on the news. Metal tariffs are back on the agenda as the Trump Administration seeks to curb Canadian exports. Investors should keep an eye on stocks with exposure to cross-border trade in aluminum, and, to a lesser extent, steel. Value opportunities could also be forthcoming in unaffecte...Read More
The Northern Miner presents the top-ten Canadian-headquartered diamond companies ranked by market capitalization as of late-June.1. Lucara DiamondMarket capitalization: US$185.6 millionLucara Diamond president and CEO Eira Thomas speaking at The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019. Photo by Martina Lang for The Northern Miner.Lucara Diam...Read More
The S&P/TSX Venture Composite Index rose 5.56% to finish the trading week at 598.74. Spot gold jumped US$27.70 per oz., or 1.59%, to US$1,771.50 per ounce.Great Bear Resources topped the list of value gains, rising $2.73 to $18.43 per share. The junior recently announced it had intersected a new Red Lake-style gold-bearing zone it has named Arrow, about 1 km west of its Hinge zone, at its flagship...Read More
A surge in coronavirus cases in parts of the United States undermined market sentiment. The Dow Jones Industrial Average fell 3.31% to 25,015.55 and the S&P 500 dropped 2.86% to 3,009.05. Spot gold jumped US$27.70 per oz., or 1.59%, to US$1,771.50 per ounce.Shares of Newmont climbed US$2.42 to US$59.34. The company announced it was ranked 13th overall in 3BL Media's (formerly Corporate Responsibil...Read More
The S&P/TSX Composite Index fell 1.84% to 15,189.00 during the June 22-26 trading week. The S&P/TSX Global Mining Index rose 4.24% to 88.72, and the S&P/TSX Global Base Metals Index climbed 2.25% to 89.36. Spot gold jumped US$27.70 per oz., or 1.59%, to US$1,771.50 per oz., and the S&P/TSX Global Gold Index rose 5.73% to 334.47.Shares of Endeavour Mining climbed $2.47 to $33.12. Canadian regulator...Read More
Publisher's Note: Today we're bringing you an excerpt from The Dines Letter.Few have navigated the market as expertly or with such breadth as Mr. James Dines. Even in this time of great uncertainty, his insight and guidance have proven as strong as ever, especially regarding precious metals.Read on to learn from Mr. Dines yourself.Call it like you see it,Nick HodgeDo not all you can; spend not all...Read More