"Empower Clinics (@EmpowerClinics) (#CSE: $CBDT | #OTCQB: $EPWCF) Closes Private Placement; Launches #ImmuneSystem #TeleMedicine Services and Patient Visits Up 480% [https://t.co/ximweV1IF3]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets"Read full newsRead More
Dwindling nickel ore supply from the Philippines amid measures to contain the new coronavirus has boosted nickel prices in China despite weak demand from the stainless steel sector.Read full newsRead More
Here is what's new today on INK Ultra Money. If you are not already a Canadian Insider Club Ultra member, join now for full access to premium content and much more. If you do not want to make an annual commitment, sign up for Advantage Ultra at our sister site InsiderTracking.com where you can take out a monthly subscription for the ultra low rate of US$9.99 per month plus tax.1. The charts of tr...Read More
The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More
""The economy" isn't shut down. Far from it. Walmart & Dollar General & Amazon open.It just so happens that big-box mass merchandisers & online retailers responsible for flooding USA with crap from Communist China open.Meanwhile, family-owned shops, the backbone of USAclosed"Read full newsRead More
Less than a month after National Bank Financial said it was terminating a $75 million bought-deal financing deal with SilverCrest Metals (TSX: SIL; NYSE-AM: SLV) due to the COVID-19 pandemic, the mining company announced it would raise the same amount of money and possibly more through a non-brokered private placement.SilverCrest announced on April 13 that it would issue 10 million common shares a...Read More
What Is The Difference?The first question you may be asking yourself when you are trying to decide if you are going to invest in bullion coins or proof coins is: what is the difference between them? Table of ContentsTop DifferencesWhat Does Proof Mean in Coins?Which One Should I Buy?Why Are Uncirculated Coins Worth More?Is a Proof Coin More Valuable?Differences Between Bullion, Proof, & Uncirc...Read More
Even if many TSX stocks have shown a sharp bounce back recently, the worst does not appear to be over just yet. While hospitality and aviation industries were among the most beaten-down sectors amid the COVID-19 crash, energy and minerals were equally weak this year. Lower oil and gas prices along with increasing recession jitters notably hampered these two cyclical industries.One of the biggest e...Read More
Anglo American slowed the development of its $5.3 billion Quellaveco copper mine in Peru, pictured. Image from Anglo American. The share of global mining projects that advanced to the next stage of development has decreased from 3.8% in Q4 2019 to 2.8% in Q1 2020, and is expected to slow further in Q2 2020 due to the coronavirus outbreak, according to a new report by energy research company Globa...Read More
Due to the ongoing covid-19 pandemic, MIINING.COM's sister publication, The Northern Miner, is transforming the 2020 Canadian Mining Symposium into an online e-conference. While this changes the format of the Canadian Mining Symposium, it also creates new opportunities as it can now accept more delegates, broadcast exclusive content from different parts of the world, and achieve new levels of i...Read More
Key moves in the mining sectorPeter Fairfield has joined the board of Aurcana.Nick Demare is now on the board of Blue Sky Uranium.Joseph Ovsenek has joined the board of Central Timmins Exploration with Charles Gryba resigning as a director, president and CEO of the company. Gryba will continue as a technical consultant; Central Timmins is searching for a new president and CEO.Peter He...Read More
View of the Pueblo Grande project. Image from Precipitate Gold. Precipitate Gold (TSXV: PRG) has closed its previously announced non-brokered private placement of 12.7 million common shares of the company at a price of C$0.11 per share for gross proceeds of approximately C$1.39 million, as subscribed for by Barrick Gold.Earlier this week, the two companies entered into an earn-in agreement, grant...Read More
China has nearly 8,000 tailings dams, the most in the world. (Image: AZ China.) China has launched a one-month probe into the country's tailings dams after a spill at a molybdenum mine last month contaminated water supplies to the northeastern province of Heilongjiang.Mining waste flowed out of a YichunLuming's tailings storage facility in March, polluting water up to 110 kmdownstream and forcing...Read More
"We reported on March 11 that we will need to raise $150 million to complete the feasibility study and for regional exploration and there are no changes to that, so within the next couple of weeks weRead More
Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here.Mined copper production in the March quarter dropped 8% year-on-year and 4% quarter-on-quarter to 133,000 tonnes due to lower grades.Rio now expects mined copper product...Read More
Today is Friday, April 17, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,723.40. It's up 0.29% from yesterday and up 35.26...Read More
Today is Friday, April 17, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of ConocoPhillips (NYSE: COP), Callon Petroleum (NYSE: CPE), and Enerplus Corporation (NYSE: ERF).ConocoPhillips (NYSE: COP)ConocoPhillips (NYSE: COP) is a $33.47 billion company today with a one-year return of -33.77%. Let's look at its price-to-earnings (P/E) ratio, its enterprise...Read More
KORE Mining (TSXV: KORE; US-OTC: KOREF) has reported a preliminary economic assessment (PEA) for its wholly-owned Imperial gold deposit in the desert region of southeastern California, 14 km from Equinox Gold's (TSX: EQX; NYSE: EQX) Mesquite mine.The PEA forecasts an average annual production of 146,000 oz. gold over a mine life of eight years for a total production of 1.2 million oz. at all-in su...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD), the world's second-largest producer of the precious metal, expects first-quarter gold output to fall by 8.5%, as it has had to scale down operations due to measures to stop the spread of COVID-19.Barrick now expects to churn out 1.25 million oz. gold in the first three months of the year, slightly below the 1.37 million oz. it produced in the first quarter of 2...Read More
Thor Explorations (TSXV: THX) is moving forward with its Segilola project in Nigeria after securing a US$98-million financing.Once completed, Segilola, located 120 km from Lagos, will become the country's first large-scale gold mine.Thor said the financing package totalled US$104.5 million, coming mostly from long-term investor Africa Finance Corporation (AFC). The institution will contribute US$5...Read More