Mining Stocks Articles

First Cobalt inks feed agreements for refinery starting in 2022

January 12, 2021 / Canadian Mining Journal staff

First Cobalt (TSXV: FCC; US-OTC: FTSSF) has secured cobalt feed amounting to 90% of capacity for its First Cobalt Refinery in Ontario. The facility will be the only producer of cobalt sulphate for electric vehicle batteries in North America once the company completes a $77 million recommissioning and expansion next year.First Cobalt supply agreements with Glencore (LSE: GLEN) and IXM SA (a subsidi...Read More

Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life

January 12, 2021 / Canadian Mining Journal staff

Orla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase in reserves and a 3.5-year mine life extension for the operation, which is currently under construction.The study envisions a 10.4-year, 18,000 tonne per day mine that would produce an average of 94,000 gold oz. and 597,0...Read More

The Northern Miner Podcast - episode 221: The future of assurance - building trust in a digital world, ft. EY's Dean Braunsteiner and Eric Simmons

January 12, 2021 / Posted Adrian Pocobelli

This week's episode features EY Canada's Dean Braunsteiner, partner, assurance, and Eric Simmons, partner, assurance, who discuss the increasing importance of non-financial assurance reporting. Dean and Eric explain how ESG is becoming an increasing concern for investors and how mining companies can distinguish themselves with assurance audits.All this and more with host Adrian Pocobelli.Music Cre...Read More

Focus on the positive: M&A and strong metal prices in the year ahead

January 12, 2021 / Trish Saywell

With rising Covid-19 infections, a new and more infectious variant of the virus, and a vaccination rollout slower than most would like, along with the sickening scenes from Washington, D.C. on Jan. 6 that saw a mob incited by U.S. President Donald Trump launch an attack on Capitol Hill, it's important to try to stay at least a little bit positive as the new year begins.That's why we'll focus here...Read More

The More Things Change, the More They Stay the Same

January 12, 2021 / Adam English

One of the biggest lies you have been told about the economy after the last 10 months is the emergence of the K economy.It should need no introduction. It is the talk of the town. The age-old story of the haves and have-nots written for a new paradigm.And that's just the thing - it is age old. Any sense that this is something new is entirely based on our limited capacity to draw long parallels whi...Read More

Electric cars rise to record 54% market share in Norway in 2020 #EV

Mon Jan 11 19:09:19 2021 / Staff reporter

The sale of electric cars in Norway overtook those powered by petrol, diesel and hybrid engines last year, with German auto-maker Volkswagen replacing Tesla as the top battery-vehicle producer, new data showed on Tuesday.Read full newsRead More

Parbec Assays 13m of 1.72 g/t Au in the Sediments @RenforthRes $RFR

Mon Jan 11 17:05:13 2021 / Renforth Resources $RFR.C

Renforth Resources Inc. is pleased to provide shareholders with tRead full newsRead More

.@PiedmontLithium $PLL Announces Strategic Investment in Quebec Hard-Rock Lithium Developer Sayona Mining

Mon Jan 11 16:41:01 2021 / Piedmont Lithium

US$12 million investment to acquire 19.9% of Sayona Mining LimiteRead full newsRead More

Why Gold Mining Stocks Outperform Gold in Bull Markets

Mon Jan 11 05:26:03 2021 / Staff reporter

Why Gold Mining Stocks Outperform Gold in Bull Markets Gold is highly revered for its great returns and resilience during economic downturns, ...Read full newsRead More

3 Top TSX Stocks to Buy Today if You Have $1,000

January 11, 2021 / Vineet Kulkarni

Although the market crash rhetoric is getting louder, the continued bull market arguments are also equally blaring. If you are sitting on some cash, consider putting it in these TSX stocks for the long term.Maxar TechnologiesAs SaaS (Software-as-a-Service) stocks have been riding high for the last few years, the next decade will likely be dominated by space technology companies. The sector, which...Read More

3 Volatile TSX Stocks to Watch in 2021

January 11, 2021 / Debra Ray

Last year was volatile for the stock market. Gold and energy, in particular, experienced substantial impacts from the COVID-19 pandemic. What’s ahead for gold and energy stock in 2021 is anyone’s best guess.Here are three gold and energy stocks to watch in 2021.Barrick Gold stock’s bull run ran out of steamBarrick Gold (TSX:ABX)(NYSE:GOLD) might have had a great year during 2020,...Read More

A Top Gold Stock to Buy if You Fear a Market Crash

January 11, 2021 / Joey Frenette

I was pretty surprised when the stock market rallied in the face of last week’s unrest in Washington. Maybe I underestimated the strength of this rally. While there’s no question that the markets are coming in hot and need a healthy correction, there’s really no telling when the next market plunge will be. Genius billionaire investors like Carl Icahn and some brilliant people on...Read More

Lithium juniors surge, gold lower

11 January 2021 / Staff reporter

Vision Lithium (TSXV: VLI) and Rock Tech Lithium (TSXV: RCK) closed up 100% and 69% respectively, both on no news.Both had closed placements last week, with Vision raising more than C$800,000 for exploration and working capital, while Rock Tech raised almost $4 million towards feasibility studies on a lithium hydroxide converter and more development work on its Georgia Lake lithium project, plus w...Read More

CAML shrugs off tailings woes with solid Q4

11 January 2021 / Staff reporter

Copper production in Q4 totalled 3,365 tonnes, up 7% year-on-year and bringing annual volumes to 13,855t, comfortably within the company's target of 13,500-14,000t.Read More

Vale's Nickel Melt Rounds and Plating Rounds Get LME Acceptance; Interview with Juan Merlini, Vale's Head of Marketing and Sales for Base Metals

11/1/2021 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

We learned from Juan Merlini, Head of Marketing and Sales for Vale's Base Metals business, that two refined nickel products, produced at Vale's Long Harbour processing plant, in Canada's Newfoundland and Labrador province, have been accepted by the London Metal Exchange as qualifying for physical delivery to LME warehouses worldwide. Vale is one of the largest producers of iron ore and nickel in t...Read More

Gold Price Falls on Higher T-Note Yields

January 11, 2021 / Luke Burgess

After an impressive rally that kicked off the new year, gold prices fell dramatically on Friday as Treasury yields rose to a 10-month high.The price of gold shed more than $60 per ounce on Friday, closing the week at around $1,850 an ounce.Gold - One YearThe 10-year U.S. Treasury yield surged higher than 1.1% after President-elect Joe Biden reaffirmed further economic stimulus will cost "trillions...Read More

Equinox tops 2020 guidance, produces 477,200 gold oz.

January 11, 2021 / Canadian Mining Journal staff

Equinox Gold (TSX: EQX; NYSE: EQX) beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.The 2020 production numbers included gold poured during the ramp-up and commissioning of the Castle Mountain open-pit mine in California, which rea...Read More

New Found Gold hits shallow high-grade in Keats step-out

January 11, 2021 / Canadian Mining Journal staff

New Found Gold (TSXV: NFG) has released partial assay results for four holes completed at the Keats zone and for six initial holes completed at the Little-Powerline zone within its Queensway gold project in Newfoundland.The Keats results included high-grade, near surface intercepts. Highlights were 10.4 metres of 22.5 grams gold per tonne from 11.7 metres and 15.9 metres of 31.4 grams gold per ton...Read More

Mongolia threatens to revoke Rio Tinto's plan for Oyu Tolgoi

January 11, 2021 / Cecilia JamasmieMiningcom

The Government of Mongolia may cancel and replace the development and financial plan for the country's vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today.The company, which is controlled by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), said Mongolian authorities are dissatisfied with its plans and are particularly concerned about the costs of the expansion, re...Read More

Canada Nickel mulls using Glencore's processing facility in Ontario

January 11, 2021 / Cecilia JamasmieMiningcom

Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities trader's Kidd concentrator and metallurgical site in Timmins, Ontario.The Toronto-based nickel producer would use the facility for the treatment and processing of material mined from its Crawford nickel-cobalt sulphide project, which is located 40 k...Read More

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