An environmental court in Chile has confirmed that Barrick Gold's (TSX: ABX; NYSE: GOLD) Pascua Lama open-pit project located on the border between Argentina and Chile must close, according to BN Americas."The risk of damage to people's health makes it necessary to close the Pascua Lama mining project as alternatives do not seem viable to operate safely for the environment and public health," the...Read More
The U.S. dropped tariffs on Canadian aluminum Tuesday. The removal of the 10% tariff introduced in August is likely to be welcomed by all sides, and the effect on TSX metals stocks has already been positive.Russel Metals (TSX:RUS) had been sitting on a 1% loss Tuesday morning. That quickly flipped to a gain of a percentage point. Towards the end of the week, the majority of gains had been retained...Read More
The stock market crash 2.0 is in the making. The TSX Composite Index is surging to new highs, while the economy witnesses its worst unemployment and gross domestic product (GDP) contraction since the 2009 financial crisis. The stock market rally hinges on the back of another fiscal stimulus package and the announcement of a coronavirus vaccine. If neither of the two materializes by the end of this...Read More
Those who invested in the shares of Docebo (TSX:DCBO), Shopify (TSX:SHOP)(NYSE:SHOP), and Kinross Gold (TSX:K)(NYSE:KGC) at the beginning of this year have a lot to cheer about. For instance, a $1,000 investment in Docebo stock at the beginning of the year would be worth $2,514 now.Meanwhile, if you would have invested the same amount in both Shopify and Kinross Gold stock, the...Read More
Empty trucks, empty technology, and empty promises.(And hookers, read on)That's exactly what Hindenburg Research accused Nikola Motors (NASDAQ: NKLA) of in a scathing short report last week called Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America.The high-flying electric car company - which has seen 200% gains in the last six months - was called an "int...Read More
Starcore is a gold producer in Mexico focused on the production of gold and silver at its wholly owned San Martin mine. This video ...Read More
Time-lapse video showing the installation of Standard Lithium's First-of-its-Kind Industrial Scale Direct Lithium Extraction Plant at ...Read More
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"We are the first major company that's set out to do this, and we aim to be the first to achieve it," says Google CEO Sundar Pichai.Read full newsRead More
A German bioenergy company's reboot would make ethanol and renewable natural gas, though questions remain about its life-cycle climate and environmental impacts.Read full newsRead More
New Pacific is exploring and developing projects in Bolivia.Read full newsRead More
Miner reveals first production now planned for 2021.Read full newsRead More
FireFox Gold Corp. is pleased to announce that it has added two nRead full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States.To date, ten drill holes have been completed at the Hughes silver-gold property and two are in progress with two core rigs in full oper...Read More
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.VANCOUVER, British Columbia, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV: SGN) is pleased to announce it has closed the first tranche of a C$6 million offering as announcedRead full newsRead More
The MineConnect website (www.mineconnect.com) serves as a one-stop portal where mining companies can search out whatever resources or supplies they need.MineConnect, formerly known as the Sudbury Area Mining Supply and Services Association (SAMSSA for short), launched a re-branding initiative earlier this year aimed at making its 174 member companies "Suppliers of Choice to the World," says Execut...Read More
Fourteen, or nearly half, of the Toronto Stock Exchange's 30 top performers on the TSX30 2020 ranking are mining companies, TMX Group reported on Tuesday.The ranking showcases TSX's 30 top-performing stocks that represent sustained excellence over the long-term. Founded in 2019, the TSX30 ranks stocks based on dividend-adjusted share price appreciation over a three-year period.Mining companies in...Read More
There have been much discussion about how the stock market is not reflecting the state of the economy and how the second market crash is inevitable. Analysts are touting a stock market bubble, a tech bubble, and a housing market crash. And all these events will take place when the government fiscal stimulus ends.The government is giving away free money in the form of stimulus packages. They are fu...Read More
Although the Canadian markets have recovered strongly from their March lows, they are not in sync with the fundamentals, as the unemployment rate is still on the higher side. Also, many countries could report a contraction in their GDP this year. So, these issues could create a headwind for the markets going forward.Meanwhile, you can protect your investments by investing in these three defensive...Read More