Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the market.Read full newsRead More
Metals, majors mixedRead full newsRead More
How Top Gold Mining Stocks Performed in 2020 Gold mining stocks and the GDX saw strong returns in 2020 as gold was one of the most resilient and ...Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Tony Giardini, President and CEO of Trilogy Metals, provides an update on the company's activities during a webinar moderated ...Read More
After months of strength, markets have started looking a bit unstable now. Market participants are shifting to relatively safer bonds from overvalued stocks. Investors can consider these top three defensive TSX stocks to take shelter if markets continue to remain volatile.Algonquin Power and UtilitiesUtility stocks have a relatively low correlation with broader markets. That’s why investors...Read More
President Joe Biden said yesterday the America Rescue Plan was "going to start almost immediately".He said more than 85% of American households would get direct payments of $1,400 per person.Elsewhere market futures were mixed.In China, the National People's Congress is holding its week-long annual meeting in Beijing, where it's already announced plans to boost GDP by 6% this year and to overhaul...Read More
Speaking to an online discussion ahead of this week's Prospectors and Developers Association of Canada annual convention, Mantashe had acknowledged the challenges facing the sector but declared the country open for business.He outlined investments by Sibanye-Stillwater, Impala Platinum, Anglo American's Kumba Iron Ore and junior Orion Minerals, saying the announcements indicated South Africa was s...Read More
"If you want to know about the future, ask the young people who will make it happen. The older generation may have used up its vision getting us where we are."- Ivan SutherlandIn 1966, computer engineers at Harvard began working on the world's first virtual/augmented reality system.Two years later, they came up with a design and built a machine that looked like a torture device straight out of A...Read More
Osisko Metals (TSXV:OM) has reported assays for the first four holes drilled as part of an infill and hydrogeological program at the past-producing Pine Point zinc-lead project in the Northwest Territories, 60 km from Hay River. These drillholes targeted the R190 deposit in the West zone at Pine Point, which hosts higher-grade vertical prismatic deposits.Three of the holes were infill and the four...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) is investing $2.9 million in a new plant at its Kennecott copper mine in Utah to recover tellurium, a critical mineral used to make solar panels.The plant will recover tellurium from waste already being produced as a result of the copper smelting process. It will have capacity to produce roughly 20 tonnes of tellurium per year, with production beginning in the fourt...Read More
One of the key themes that emerged from the 30th BMO Global Metals & Mining conference last week was the desire among many gold and base metal companies to increase their exposure to copper. The investment bank's fireside chats with CEOs and presentations were not open to the media, but according to highlights BMO released each day, the outlook for copper and its importance to the green energy tra...Read More
The winners of the Young Mining Professionals (YMP) awards this year are Maggie Layman of Osisko Development (TSXV: ODV) and Matthew Fenton of privately held Magris Resources.The YMP awards, presented in association with The Northern Miner, recognize two mining professionals under forty who have demonstrated exceptional leadership skills and innovative thinking and provided value to their companie...Read More
This past year has been a "challenging but exciting time" for Bluestone Resources (TSXV: BSR; US-OTC; BBSRF), says the company's CEO Jack Lundin, as the Canadian junior progressed its Cerro Blanco gold project in southeast Guatemala, about 160 km southeast of Guatemala City.Appointed just over a year ago, Lundin said that initially "it felt like drinking through a fire hose" given the abundance...Read More
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa's top gold miners should merge and create a rival to the world's largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD), or risk being acquiCEO Neal Froneman said he believed that combining his company with Gold Fields (NYSE: GFI) and AngloGold Ashanti (NYSE: AU) would be in South Africa's national inter...Read More
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10.Gold Fields rose 14.4% to US$9.37. The company announced that the National Energy Regulator of South Africa had approved its electricity generation licence, which will allow Gold Fields to build a 40 megawatt solar power pla...Read More
The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose 1.16% to 106.23. Spot gold fell US$35.50 per oz. to US$1,700.10 and the S&P/TSX Global Gold Index increased 4.07% to 280.38.Suncor Energy rose $2.55 to $27.82 per share. The company announced it priced an offering of US$750 million in senio...Read More
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10.Shares of New Found Gold climbed 48 ? to $3.93. The company announced assay results from its 100%-owned Queensway project, 15 km west of Gander, Newfoundland. An interval drilled about 125 metres down plunge to the south of previously reported intervals in the Keats Zone, doubled the known e...Read More
Endurance Gold Corporation (EDG -- TSX.V) is a project generator, focused on the acquisition, exploration and development of highly prospective North American mineral properties, with the potential to develop world-class deposits. Endurance Gold owns two drill-ready, gold exploration projects in top-ranked jurisdictions: the fully permitted, high-grade Reliance Gold Project, located in the histori...Read More