It's day 242 of the COVID-19 pandemic. Yesterday Pfizer said it has a vaccine for the dreaded malady that has a 90% effective rate and is in Phase 3 trials.The stock market launched. Or I should say those stocks that had been big winners sold off and those that were losers jumped - but still not high enough to be year-to-date winners.Like Bob Dylan once wrote, "The slow one now will later be fast,...Read More
Canada's Denison Mines (TSX: DML) is ready to resume the formal environmental assessment (EA) process for its 90%-owned Wheeler River project in Saskatchewan, which is poised to be the country's first in-situ recovery uranium mine.Denison had paused the process in March, due to restrictions related to Covid-19 measures. President and chief executive David Cates said the company would give formal n...Read More
First Cobalt (TSXV: FCC) is planning to alter its prior arrangement with global miner Glencore (LSE: GLEN) and sign a a long-term feed purchase contract instead of the original tolling contract. First Cobalt owns North America's only permitted cobalt refinery.Securing feed material under a long-term cobalt hydroxide purchase contract would allow its refinery in Ontario to be "an active market par...Read More
Precious gemstones miner Gemfields Group (LSE: GEM; JSE: GML) says it is unable to say when it might be able to host its next auction, or generate meaningful revenue from sales, due to the "severe" impact of Covid-19 restrictions.The company, which returned to the London Stock Exchange's market for juniors this year, has only been able to host one auction so far in 2020. Held in February in Lusak...Read More
This week's episode features the launch of The Northern Miner's Global Mining Symposium virtual mining conference, with opening remarks by group publisher Anthony Vaccaro. As well, the news section tackles the latest developments on the trade tensions between Australia and China.All this and more with online editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky",...Read More
Explorer and developer Bluejay Mining (LSE: JAY) has inked a joint venture and earn-in agreement with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to advance the Enonkoski nickel project, in Finland.The deal could see Rio progressively earn up to a 75% interest in the project by injecting US$20 million into it either by covering expenses or paying cash equivalent amounts, over three stages.In the fir...Read More
Here comes the long, cold slog through what is going to be a brutal winter.The election is behind us, for better or worse. There is talk of a truly effective vaccine from Pfizer and its partners. There are some glimmers of hope in economic data.As the Counting Crows song goes, "maybe this year will be better than the last."We're not there yet, and there is a lot more for us to go through.Now that...Read More
Erdene Resource Development Corp. is pleased to announce operatinRead full newsRead More
VVC Exploration Corporation announces that it has signed a ShareRead full newsRead More
ALX Resources Corp. is pleased to announce the preliminary resultRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index turned on the jets and powered 71.56 points higher or 6.8% to close at 1122.36.A six-month high Friday (click for larger)Our short-term momentum indicator, RSI, erupted over 50% to 61.61. MACD our long-term momentum indicator shot up 14.82 points to 4.89. And the shar...Read More
Mining Journal - Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Biden said he was honoured to be chosen to lead the country, while Trump tweeted on the weekend "I won this election, by a lot!"The spot gold price was up around US$1,950 an ounce on the spot market.Metals closed mixed on the London Metal Exchange on Friday, where copper rose amid continuing reports China would ban Australian copper concentrate imports.Ontario-focused junior Stone Gold (TSXV: STG)...Read More
With the third-quarter earnings in full swing, some of the top TSX-listed companies have reported their quarterly numbers. While Q3 numbers mostly reflect sequential improvement for most companies, a few performed better than the rest. Today I have shortlisted three companies that have impressed with their Q3 performance with strong fundamentals that could help these companies to deliver stel...Read More
The most precious metal you can find on earth is gold. When the market is declining or teetering on a crash, investors seek a safe asset class that outperforms. The yellow metal can mitigate losses in a volatile investment landscape and is an ideal complement to other assets if you want to diversify.Stock markets are still fraught with uncertainties in Q4 2020 because the pandemic won’t go a...Read More
Our Foolish writers enthusiastically came up with 16 top TSX stock ideas to buy in November 2020.A top income stockInvestors with an investment horizon of at least three years can consider Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) as a top income stock idea from the list. There are good reasons why two Foolish writers chose the bank as their top stocks to buy this month.Many Canadians have experienc...Read More
Some of the TSX stocks recently went far ahead amid the rally driven by U.S. elections. While Joe Biden’s win is undoubtedly positive for some portions of the market, others might revert to lower levels after the election rally subsides.Aurora CannabisJoe Biden entering the White House is indeed a positive move for the cannabis sector, at least for now, because of his agenda to legalize it....Read More
Higher bullion prices have triggered a surge in interest in the yellow metal, with shares in Russia's LSE-listed superstars Polyus and Polymetal soaring as a result.Read More