Perenti withdrew its guidance earlier this year, which turned out to be a judicious decision considering a contract for subsidiary Barminco was paused after two months when Panoramic Resources decidedRead More
What team are you on?That's what we've degraded to at this point, isn't it?You're right. They're wrong. There's no in-between.No compromise.Yet, that's not entirely accurate.Nobody on Capitol Hill will admit it, but there's one issue that BOTH sides of the political spectrum can agree on.It's the one thing that has brought those bitter political rivals together. And if they don't pony up trillions...Read More
BlueBird Battery Metals Inc. (TSXV: BATT; US: BBBMF) is a small-cap Canadian junior resource exploration company, currently focused on developing a nickel-based discovery in Western Australia for the electric vehicle battery industry. We learned from Peter Dickie, who is President and CEO of BlueBird Battery Metals, they are busy reviewing the last exploration and drilling program on the Canegrass...Read More
Reverse circulation (RC) drilling at Liberty Gold's (TSX: LGD) Black Pine project has discovered a third zone of oxide gold mineralization - D-3 - underneath the historic drilling boundary in southern Idaho.The new zone is defined by three holes: two of these, LBP125 and LBP129, are 450 metres apart and lie in the same section, while the third, LBP127, was drilled 215 metres to the south.Drill hig...Read More
In a new research note entitled, Making a Comeback, Haywood Securities' Pierre Vaillancourt has adjusted his price outlook for copper and nickel "to reflect the improving economic conditions," although the mining analyst cautions that he remains "wary of the extent of the recovery."Vaillancourt has raised its outlook for copper this year to US$2.60 per lb. from his previous US$2.45 per lb. (US$2.5...Read More
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal is the second option agreement the junior has announced since April.Apollo, which changed its name from Inform Resources in May, also announced a $5 million private placement financing.The Jalisco properties consist of six proper...Read More
This week's episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Northern Miner group publisher Anthony Vaccaro asked Boyd how the company dealt with the coronavirus, his rating of the mining industry on ESG, and the importance of jurisdiction when choosing mine sites.All this and mor...Read More
Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia.The proceeds will be used to fund the expansion of Caldas' mining operations in the Deeps Zone, located in the Department of Caldas, the company said.Under the agreement, Wheaton will purchase 6.5% of the gold produc...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has filed its initial brief with the U.S. Court of Appeals regarding the decision made by the U.S. District Court for the District of Arizona almost a year ago that halted the construction of its Rosemont copper project.In July 2019, the District Court revoked the U.S. Forest Service's issuance of the final record of decision for Rosemont, which is expected to...Read More
Gold prices continued to rally on June 22, heading toward the highest since February 2012, after massive inflows into gold-backed exchange-traded funds (ETFs) in the United States.Gold for delivery in August, the most active contract on the Comex market in New York, touched a high of US$1,779 per oz., the highest since February 2012.The World Gold Council reported that June 19 saw a massive 27.3 t...Read More
Canadian junior Silver Dollar Resources (CNSX: SIL) plans to earn 80% of First Majestic Silver's (TSX: FR; NYSE: AG) La Joya silver-copper-gold project, 75 km southeast of the city of Durango in Mexico.A preliminary economic assessment (PEA) in 2013 of the first phase of the project outlines an open pit mine with an initial nine-year mine life and a conventional mill and flotation-leaching plant t...Read More
TSX stocks at large have soared more than 40% in the last three months. Many Canadian bigwigs have become notably expensive after the recent rally. However, many small-cap TSX stocks still seem to be trading below their fair values. So, if you have some cash right now, consider putting it in these high-growth stocks.Major Drilling GroupMajor Drilling Group (TSX:MDI) is a $280 million company that...Read More
What team are you on?That's what we've degraded to at this point, isn't it?You're right. They're wrong. There's no in-between.No compromise.But, that's not entirely accurate.Nobody on Capitol Hill will admit it, but there's one issue that BOTH sides of the political spectrum can agree on.It's the one thing that has brought those bitter political rivals together. And if they don't pony up trillions...Read More
Way back in 1994, my brother asked for, and got one, of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announ...Read More
Strengths? The best performing precious metal for the week was silver, up 0.83 percent as hedge funds boost their net long position to a 14-week high. Swiss exports of gold to the U.S. hit another high in May to 126.6 tons. ETFs added 27,739 troy ounces of gold to their holdings on Thursday, marking the sixth straight day of inflows. Bloomberg notes that total gold held by ETFs r...Read More
Although the rally on Wall Street flouts common sense and arguably even sanity, born-again bulls continue to rampage. What will put an end to their foolishness? Surely not more grim economic data, nor an increase in what is already the highest unemployment rate since the Great Depression, nor a wave of business failures that could eventually asphyxiate the consumer economy. None of these problem...Read More
By: Ira EpsteinGold weekly chart shows support at 18-DMA just below $1,700. The market is at an upside bias, right below record highs:Read More
Hilong Holding, a provider of oil-field services and equipment, said it wouldn't be able to repay holders of a maturing dollar bond-the latest offshore default by a Chinese borrower.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More