BP CEO Bernard Looney said in a report published Wednesday that some aspects of the energy systemRead full newsRead More
The Federal Reserve is not looking to raise interest rates from its zero-bound target for the next two years and according to Peter Grosskopf, CEO of Sprott ...Read full newsRead More
The COVID-19 pandemic and the ensuing policymaker response may have created a turning point for building materials and forest products stocks. On Monday, INK Canadian Index member CanWel Building Materials (CWX) provided a business update in which it noted that, subsequent to reporting Q1 results, it had seen steady end-market demand resulting in an 8% increase in year. While the company reduced...Read More
Arctic watchers fear 150,000 barrels of diesel oil from a ruptured fuel tank at a Russian nickel mine will spill into the Arctic Ocean, as cleanup efforts falter.Read full newsRead More
Greatland Gold could be a fantastic bargain at current levels if the company's able to live up to its full potential, based on current estimates. The post Is Greatland Gold the bargain you need to buy today? appeared first on The Motley Fool UK.Read full newsRead More
"Despite the recent correction, the S&P 500 has recouped most of its losses since the start of the crisis; the FTSE emerging market index and Africa index are substantially improved; the BovespaRead More
This week's episode features the opening of this year's Canadian Mining Symposium held on Zoom from June 16-18, 2020. Northern Miner group publisher Anthony Vaccaro gives opening remarks to the event followed by TMX Group's head of business development, Dean McPherson, who discusses the inner workings of listing on the Toronto Stock Exchange and the TSX Venture Exchange.All this and more with onli...Read More
This year gold prices have rallied as a result of disrupted supply chains and closed down economies due to the global coronavirus pandemic and increasing possibility of a new trade way between the US and China. Now, gold ETFs are gaining momentum as a hedge against the potentially overbought stock market, some traders say. Since late March, total ETF holdings have grown 14%, while long positions...Read More
It’s no secret that investors are doubling down on gold. In a time when the markets are still volatile, with the first of possibly many market crashes behind us, investors are turning to gold to keep their cash safe. Analysts are on board with the decision, as some believe the price of gold could double by 2030.But while many are recommending that investors take the safest option of investin...Read More
The market rally off the March lows took many stocks back to previous levels. Some beaten-up sectors, however, still have room to run, and savvy investors are hoping to benefit.Let’s take a look at two cheap stocks that could see significant upside moves in the next 18 months.Teck ResourcesYou need to have a strong stomach to own Teck Resources (TSX:TECK.B)(NYSE:TECK) stock. A quick look at...Read More
Shell and IBM launch Oren digital platform for mining companies. Shell and IBM have launched a new, global B2B Digital mining services marketplace platform aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency.By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitization of the minin...Read More
Trenching at Villeneuve. Image from MacDonald Mines. Drilling at MacDonald Mines' wholly owned SPJ property, 20 km east of Sudbury, Ontario, has extended the strike length of the high-grade New Zone-Villeneuve trend to over 225 metres; the structure remains open.The company released results for six drillholes completed over the winter and spring. The drill highlights include 5.1 metres of 27.2...Read More
Natural gas field. Image by Rudy and Peter Skitterians from Pixabay. San Antonio's Mirage Energy announced Wednesday it has signed a $4 billion debt facility with the Bluebell International LLC for the development of natural gas pipelines, underground natural gas storage and the Isthmus Corridor Project.The company's pipeline, interconnected with Whitewater Whistler, provides an inexpensive natur...Read More
Prince George, British Columbia. Credit: Wikipedia. While the current business outlook remains uncertain, PwC Canada, in its new BC Mines Report, says the British Columbia mining industry is in a good position to withstand volatility due to prudent spending over the last few years and strong environmental, social and governance (ESG) practices.BC Mine 2019 ESG: Resilience and Opportunity in Uncer...Read More
Image from Grundeinkommen. Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight, according to research firm Wood Mackenzie's latest report. As organic growth is waning, miners are looking to buy gold through mergers and acquisitions to secure the...Read More
The company's maiden drilling at the Ban Chang prospect hit 5.2m at 0.66% nickel and 0.73% copper (plus 0.79 grams per tonne PGE) from 58m, including 1m at 3% nickel and 1.2% copper.Read More
The number of cases has risen to 998 and deaths increased to two, according to the latest figures from the Minerals Council South Africa, which were last updated on June 15.It said almost 260,700 miners had been screened, 10,890 had been tested, there were 614 active cases and 382 recovered.The council said there were 521 results pending.On Friday, there had been one death and 879 positive cases.T...Read More
Share this articleTORONTO - Iamgold Corp. [TSX-IMG, NYSE-IAG] says it has suspended operations at its Rosebel Gold Mine in the South American country of Suriname after seven people were diagnosed with COVID-19, sparking a showdown with its union.The Canadian mining company says it proceeded with getting medical care and putting the individuals in quarantine while disinfecting their living quarte...Read More
I don't come into the office too early these days.This morning was different, however.The sun was just barely creeping over the horizon, and the parking lot was barren except for a Kona blue, 2010 Mustang GT coupe that was parked right in my spot.It was an ugly car, to be sure, with a horrid saddle leather interior and a pair of dirty shoes hanging on to the mag rims that I mistook for cheap plast...Read More
The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of the industry. The sessions ran the gamut from technical presentations to discussions with junior miners, as well as in-depth and personal conversations with some of the biggest names in the business.The morning began with Anth...Read More