With a listing on the Toronto Venture Exchange in the works, Tier One Silver has raised $13.5 million for exploration at its flagship Curibaya silver-gold project in Peru.The junior, along with another Peru-focused explorer, Sombrero Resources, was spun out of Auryn Resources when that company merged with Eastmain Resources to create Fury Gold (TSX: FURY) in October.The private placement of 13.45...Read More
First Majestic Silver (TSX: FR; NYSE: AG) has initiated arbitration proceedings against the government of Mexico, which is seeking more than US$500 million from the company in allegedly owed taxes.The Canadian miner had warned the L??pez Obrador administration last year of its intention to ask the International Centre for Settlement of Investment Disputes to settle the dispute. First Majestic...Read More
Junior Mason Graphite (TSXV: LLG) has provided an update on testing of lithium-ion prototype battery cells made with graphite sourced from its Lac Gu?(C)ret deposit, 660 km north of Montreal.The cells, which contain coated spherical purified graphite made at pilot-scale facilities located in Quebec City, have completed 800 charge/discharge cycles while retaining 82% of their initial capacity."Whil...Read More
We celebrate the vernal equinox (Latin literally for "new equal night") on Saturday, March 20, when days and nights are of equal length. From an astronomical perspective, the Northern Hemisphere celebrates the start of spring.Actually, the start of spring is far from clear-cut. For a start, the equinox varies from a day earlier than this year's date to a day later, and spring began at the start of...Read More
The Canadian equity markets continue to rise, as better-than-expected fourth-quarter GDP and higher oil prices increased investors’ confidence. At the close of Tuesday, the S&P/TSX Composite Index was trading just 0.9% lower from its all-time high. Meanwhile, these four Canadian stocks are trading at a considerable discount from their respective 52-week highs and offer excellent buy...Read More
Thompson will not seek re-election as a director at the 2022 annual general meetings. Thompson, a former geologist and investment banker, joined the board of Rio in 2014 and became chairman in 2017.Read More
More than 25% of all U.S. dollars in circulation right now were printed in the past 12 months.Think about that for a moment...For every three dollars that existed this time last year, four are now in circulation.And that's not even considering the broadest definition of money. As measured by M1, the Federal Reserve has increased the supply of greenbacks by 350% in the past year!U.S. Dollar Supply...Read More
Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW.Read full newsRead More
NV Gold Corporation is pleased to announce that the Company has cRead full newsRead More
Goldcore Resources Ltd. announces that the board of directors havRead full newsRead More
Outback Goldfields Corp . is pleased to announce the start of a lRead full newsRead More
Usual suspects are in Sub-Saharan Africa and Latin AmericaRead full newsRead More
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead 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
Buoyed by higher pricesRead full newsRead More
Wall Street was buoyant, with the S&P 500 making its strongest one-day gain since June, Reuters reported, as another COVID-19 vaccine received US approval and president Joe Biden's US$1.9 trillion relief package was passed by the house of representatives before heading to the senate.The S&P 500 closed up 2.38% to 3,901.82.Futures were up around the globe.Gold has slumped to $1,723 an ounce...Read More
March is a big month. We’re approaching RRSP and TFSA season, and the pressure is on to find the best opportunities right now. However, investors vary in what they’re looking for.Good news: I’ve got three picks cover the spectrum for all investor types.Growth: Constellation SoftwareA pick best served in a TFSA, Constellation Software (TSX:CSU) is the growth stock most invest...Read More
Despite the stellar run-up in Canadian equities, not every TSX-listed stock is looking expensive. A few stocks are trading at a good discount and offer great value at the current levels. Let’s focus on three TSX stocks that are undervalued and have room for strong growth in the future. Capital PowerCapital Power (TSX:CPX) stock looks attractive at the current price levels. Shares of the...Read More
First Quantum Minerals (TSX:FM) is an international mining company which has grown through a combination of exploring, developing, operating, and acquiring mining projects or companies with interests in mining activities. The company engages in mining exploration operations and produces copper in copper cathode, nickel, gold, zinc and silver.Diverse operationsThe company’s operations are loc...Read More
The company's net income was US$739 million, up from a $1.56 billion loss a year earlier.Adjusted EDITDA rose 20% to $4.2 billion, after $4.8 billion in expenses of which $3.9 billion was related to the R37.7 billion (US$7 billion) Brumadinho settlement reached in January.Vale's ferrous minerals division achieved its second largest adjusted EBITDA of $8.8 billion, thanks to a 17% rise in realised...Read More