Mining entrepreneur and investor Pierre Lassonde, Chairman and CEO of Firelight Investments, has purchased 2 million common shares of Mexico-focused Prime Mining (TSXV: PRYM), bringing his stake in the junior explorer to 11.9%.Lassonde acquired the latest shares for "investment purposes" and now directly owns 143,000 common shares of the company, and indirectly owns another 7 million common shares...Read More
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey's Mineral Commodity Summaries report. The figure was about US$1.5 billion lower than 2019's US$83.7 billion.The report - now in its 26th year - covers about 90 nonfuel minerals monitored by USGS and includes industrial minerals and natural aggregates as well as ferrou...Read More
After declining in 2019, global gold production was adversely affected by the Covid-19 pandemic during 2020, while the suspension of expansion works and contractions from mines nearing closure also exacerbated the decline.Overall gold output in 2020 is estimated to have declined by 5.2% to 108 million ounces, according to U.K.-based analytics company GlobalData.This year total gold production is e...Read More
Following last year's addition of the Goldlund project to the Goliath gold project in northwestern Ontario, Treasury Metals (TSX: TML) has released an updated preliminary economic assessment (PEA) for the expanded complex.The early-stage study suggests a 5,000 tonne-per-day combined open pit and underground operation, mining the Goliath, Goldlund and Miller deposits along a 65-km trend. Goldlund a...Read More
This week's episode features Cambridge House president and CEO Jay Martin, who discusses the hottest trends in the retail investment market. Jay describes the growing impact of YouTube on the financial newsletter space, the roller coaster quality of the crypto market, and how healthcare might be the next great bull market.All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Rail...Read More
Just a month after posting a hefty increase in reserves and resources at its Beta Hunt mine in Australia, Karora Resources (TSX: KRR) has released high-grade exploration results that point to further expansion potential.Drilling at the new Larkin zone discovery made in September has returned several high-grade hits. Highlights from the infill and stepout drill program in hole 023E included: 9 metr...Read More
Vancouver-based junior Lithium Americas (TSX: LAC; NYSE: LAC) received final approval from the U.S. Bureau of Land Management (BLM) for the company's Thacker Pass lithium mine project in northwestern Nevada on Jan. 15.The project, located 100 km northwest of Winnemucca, in the state's Humboldt County, is host to the largest known lithium resource in the United States, and Lithium Americas has be...Read More
Hard on the heels of the most depressing time of the year in the U.K. (commonly regarded as the third week of January) we have had uplifting celebrations in Scotland and Wales on the same day, January 25.On that date, the Scottish celebrate the birth in 1759 of their national poet, Robert (Rabbie) Burns. Much of his poetry is impenetrable to English ears (perhaps that's the appeal). In his "Addres...Read More
Africa-focused Gem Diamonds (LSE: GEMD) ended 2020 in much better shape than many of its peers as it recorded revenue growth driven mostly by a sharp recovery in prices and sales during the second half of the year.The miner saw sales rise 4% to US$189.2 million for the year, it reported today. The average price jumped 17% to US$1,908 per carat, up from US$1,637 per carat achieved in 2019. That ou...Read More
Warren Buffett’s decision to take a position in Barrick Gold (TSX:ABX)(NYSE:GOLD) surprised many. Indeed, the Oracle of Omaha has been pretty vocal about his dislike for precious metals as an investable asset class. After all, a pile of gold isn’t that productive — it just sits there. A company, however, is able to produce more and more of a good, and create value. This...Read More
Am I too late to get those sweet, sweet clicks? I love those things. I'm clearly not alone.Lots of people are still chasing that hot, hot trend. A bunch of hounds that can't ignore the ferric tang of blood in the air.We all want one good story. Give us a dirty, gruesome saga.Such a shame there is nothing good out there, though it isn't for a lack of effort.The one good story isn't about Reddit bro...Read More
Who was Alexis de Tocqueville? Find out why we chose his name for our private wealth management firm. Please visit us at ...Read More
Shares in Canadian silver mining companies are posting double-digit increases as the price of the shiny white metal surges to multi-year highs driven by retail investors.Read full newsRead More
Empress Royalty has launched its campaign on the Investing News Network.Read full newsRead More
Not for distribution to U.S. newswire services or for disseminatiRead full newsRead More
The following issues have been halted by IIROC: Company: Cache ExRead full newsRead More
TriStar Gold Inc. is pleased to announce results from 18 holeRead full newsRead More
Brixton Metals Corporation is pleased to announce further high-grRead full newsRead More
TSX-V-listed Canada Silver Cobalt on Friday announced the discovery of high-grade silver at its flagship Castle property, near the town of Cobalt, in Ontario.Canada Silver said it received assays from hole CS-20-39 at 9 853 g/t silver, or 2 621 ounces a ton, over 0.3 m from 557.46 m to 55.76 m.This is the highest-grade silver to date at the Robinson zone and the company said it confirmed the signi...Read More
...taking some heavy volume punishment since the US equity market opened.Read full newsRead More