The emerging geopolitical competition between China and the United States will likely drive opportunity and its timing in the mining industry over the next decade. This week, we also try to find an answer to where uranium fits in to all of this.Situation critical To read this week's Insight update on the factors impacting our core investment themes, click here. Read More
"Is that the way that you had hoped to conduct this dialogue?" foreign minister Wang Yi asked through an interpreter, during opening remarks in the meeting with US secretary of state Antony Blinken and national security advisor Jake Sullivan.Following the meeting, Sullivan said the talks were "tough and direct" and the US would continue to work with China going forward.The gold price is a little l...Read More
Shares in Fortune reached a one-year high intraday of C23c before closing up 40% to 21c.The company had last week announced five high priority drill targets near its advanced NICO cobalt-gold-bismuth-copper deposit in Canada's Northwest Territories.It further noted NICO's reserves contained 102.1 million pounds of bismuth, after Natural Resources Canada put cobalt, bismuth and copper on a list of...Read More
The Toronto-headquartered bank said market participants should "keep calm and carry on", pointing to a backdrop for bulks and base metals which it said "remains positive and for many companies weRead More
Stocks are off to the races to kick off the trading week. The action today could set us up for another round of new all-time highs.Source: Yahoo FinanceThat's quite astonishing considering everything the markets have endured over the past 12 months.Just like things were prepandemic, "new record highs" is a phrase we're going to hear often. In fact, the S&P 500 has hit new highs (according to daily...Read More
After a two-day policy meeting last week, the U.S. Federal Reserve said it will maintain its accommodative monetary policy (read easy money) and will keep its overnight interest rates near zero and continue to purchase roughly US$120 billion of treasury bonds and mortgage-backed securities each month.That should be good news for gold. The metal finished February at US$1,743 per ounce (the worst mo...Read More
Gold producer Equinox Gold (TSX: EQX; NYSE: EQX) has announced the results of a feasibility study on an expansion of its 12,700 tonne-per-day Castle Mountain heap leach mine in California into an operation with a 45,350 tonne-per-day heap leach facility and a 3,200 tonne-per-day milling and leaching plant.Based on an initial capital cost of US$510 million (which includes the purchase of a mining f...Read More
Fortune Bay (TSXV: FOR) has released an updated pit-constrained resource estimates for the Box and Athona deposits, 2 km apart, at its past-producing Goldfields project in northern Saskatchewan. The latest resource figures are based on verified historical drill data and incorporate new geological and mineralization models for the property.The indicated resources total 22.6 million tonnes at 1.34 g...Read More
In 2020, a total of 18,750 tonnes of cobalt were consumed in the batteries of newly-sold passenger EVs globally, an increase of 29% year-over-year, a new report by Adamas Intelligence reveals.According to the market analyst, the increase in cobalt use was the result of a surge in passenger BEV and PHEV sales in the second half of the year, particularly in China and Europe.When it comes to manufact...Read More
The S&P/TSX Venture Composite Index rose 1.38% to finish the trading week at 995.80. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per ounce.Great Bear Resources jumped $1.64 to $17.14 per share. Drilling by the company on a mostly untested, 250-metre northwest section of the LP fault at its flagship Dixie project in Red Lake, Ontario, returned high-grade intervals as well as low...Read More
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index dropped 5.98% to 158.12. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per oz., and the S&P/TSX Global Gold Index rose by 3.07% to 294.71.Aura Minerals jumped $2.29 to $14.80 per share. The company ap...Read More
The Dow Jones Industrial Average dropped 0.46% to finish the week at 32,627.97 and the S&P 500 fell 0.77% to 3,913.10. Spot gold fell by US$17 per oz., or 0.98%, to US$1,744.90 per ounce. Eldorado Gold rose US53 ? to US$12 per share. On March 17, lawmakers in Greece approved a revised contract with Eldorado, paving the way for restarting a major mining investment stalled over licensing and envi...Read More
Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full scale ramp-up of the mining and...Read full newsRead More
We've dug up the best and brightest gold companies for you to invest in, along with expert advice about putting your money into this field.Read full newsRead More
Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full scale ramp-up of the mining and...Read full newsRead More
As bond yields continue to rise, investors in many growth stocks are seeing some resistance. What once was a sector that couldn’t lose is now one that’s under pressure. Accordingly, investors looking to protect their portfolios may want to consider some defensive, cyclical plays.Here are two great stocks I think fit well within the defensive, cyclical precious metals sector that are pe...Read More
At PDAC2021, we spoke with Serafino Iacono, Director and Executive Chairman of Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF). They are currently the largest underground gold and silver producer in Colombia, with several mines in operation, at its high-grade Segovia Operations. Segovia is one of the top five, highest-grade, underground global gold operations, which still has a significant explo...Read More
We spoke with Peter Steenkamp, who is CEO and Executive Director of Harmony Gold Mining Company Limited (JSE: HAR) - a world-class gold mining and exploration company, with more than 70 years' experience in the industry. Harmony Gold has operations and assets in South Africa and Papua New Guinea. These assets include one open pit mine and several exploration tenements, in Papua New Guinea, as well...Read More
This column aims to collect some of the most relevant recent discoveries and papers - particularly in but not limited to artificial intelligence - and explain why they matter.Read full newsRead More
We've dug up the best and brightest gold companies for you to invest in, along with expert advice about putting your money into this field.Read full newsRead More