The warning for the metals and bulks sector comes after last week's announcement from the World Meteorological Organization of a La Nina weather event in the Pacific Ocean, predicted to bring coolerRead More
Pfizer announced this morning that its coronavirus vaccine is more than 90% effective in preventing the illness among people with no evidence of prior infection, proclaiming it as "a great day for science and humanity."While it may be a "great day for science and humanity," it was definitely a measurably breathtaking morning for stocks.Dow futures jumped over 1,400 points higher following the earl...Read More
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical Minerals Prospectus, a document aimed at highlighting the country's position on critical materials supply.To prepare the report, the Australian government examined lists...Read More
GMV Minerals (TSXV: GMV; US-OTC: GMVMF) has released the results of an updated preliminary economic assessment (PEA) for its wholly owned Mexican Hat gold project in southeastern Arizona, 116 km from Tucson.The PEA outlines an open-pit heap-leach mine with a mine life of 10 years, producing a total of 525,000 oz. gold at average all-in sustaining costs (AISCs) of US$1,136 per ounce.Initial capex i...Read More
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals (TSX: FM). As consideration for this repurchase, Troilus will pay First Quantum $20 million in cash. In conjunction with this repurchase, the developer is also raising approxima...Read More
The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in the mining industry, with the goal of zero harm to people and the environment."Tailings are generated from mining activities and are usually thickened and then hydraulically pumped to tailings dam...Read More
We can agree that silver is useful. It was one of the first five metals used by humans (the others being gold, copper, lead and iron), and readers in North America will be familiar with silver's monetary and industrial applications. The latter are shaped by silver being the most reflective metal, and it having the highest electrical conductivity of any element and the greatest thermal conductivity...Read More
The High Court of Manchester, northwestern England, on Nov. 9, blocked a ?5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron ore mine in Brazil in 2015, which killed 19 people and became the worst environmental disaster in the country's history.The suit, filed last year by 235,000 Brazilian people and groups including Indigenous tribes...Read More
Japan's top smelter, JX Nippon Mining & Metals, is buying a stake in its majority-owned Caserones copper mine in Chile, which was put up for sale on Nov.9 by its partners in the operation, Mitsui & Co and Mitsui Mining and Smelting.The move doesn't come as a surprise as Caserones has been a source of ongoing worries for its owners, even before it began producing in May 2014.The project's cost m...Read More
Caldas Gold (TSXV: CGC; US-OTC: ALLXF) reported high-grade assays from its Marmato asset in Colombia, including a record 5.73 grams gold per tonne and 5.2 grams silver per tonne over 63 metres from 356 metres downhole. The intercept in drill hole MT-IU-076 was part of a broader 386-metre intersection of 2.34 grams gold and 3.5 grams silver starting from 312 metres in the New Zone, which remains op...Read More
I just posted the INK Edge Top 30 up and down movers for the week in INK Chat. A gold miner, oil producer, US-cannabis distributor and cryptocurrency brokerage have caught our attention. Canadian Insider Club and Ultra members are eligible for an INK Chat invitation.If you are a member and have not registered for INK Chat, start via this link: https://chat.inkresearch.com/register/YEjtfbGRreQFhA8...Read More
Share this articleCALGARY - There's opportunity for Canada to help supply the world's growing need for "energy transition metals" used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.Last month, the federal and Ontario governments announced they will each contribute $295 million to help Ford Canada produce electri...Read More
In our latest Canadian Insider Insights newsletter, we call the November 3rd US elections in favour of marijuana reform. So far, investors are cheering the results.We also explain why Canadian oil & gas stocks may provide a clue on the outlook for 2021. Will it be a global boom or gloom? Read this week's edition here.Read More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces an adjustment to the net smelter royalty purchase entered into with a third party on October 8, 2020.ADJUSTMENT TO THE PURCHASE OF NET SMELTER PRODUCTION ROYALTYOn October 15, 2020, the Company announced that it had entered into an agreement (the "original NSR Purchase Agreement") to acqu...Read More
Warren Buffett will go down in history as one of the greatest investors ever. And it’s not because he cracked some kind of cryptic investment code or he understands the market in a way no one else does, but because he is persistent. He sticks to his investing “values” as much as possible. And most important: he is always learning and evolving.This is one of the reasons why Buffet...Read More
Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (OTC: GLDRF) is a discovery-focused gold exploration company that is committed to advancing its 100% owned, highly prospective mineral properties, located in Idaho, United States. Idaho Champion is vested in Idaho, with the Baner Project in Idaho County, the Champagne Project, located in Butte County near Arco, and four cobalt properties in Lemhi C...Read More
Lygend Resources & Technology HPAL plant on Obi Island in eastern Indonesia will not commence operations until March 2021.Read full newsRead More
African Gold Group (TSXV:AGG) has launched its campaign on the Investing News Network.Read full newsRead More