Anglo-Dutch oil titan Royal Dutch Shell on Thursday logged third-quarter net profit of $489 million (415 million euros), rebounding after a vast coronavirus-driven loss in the prior three months.Read full newsRead More
Three North Shore residents are facing fraud allegations under the B.C. Securities Act, according to the B.C. Securities Commission.Read full newsRead More
Three North Shore residents are facing fraud allegations under the B.C. Securities Act, according to the B.C. Securities Commission.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
The first half of 2020 was great for gold investors, as the COVID-19 spread across the world prompted investors to invest in the precious metal. In general, investors treat gold and gold-related assets as safe havens in times of uncertainties. That is the key reason why so many investors seemingly found it wise to take refuge in gold earlier this year.Why Gold prices have fallenA sudden increase i...Read More
Warren Buffett has been relatively quiet throughout 2020. The economic situation turned disastrous for investors big and small. The billionaire investor was already on high alert, as an inverted yield curve suggested a downturn was coming. The pandemic made sure of that and then some, with many economists believing there will be several crashes before we’re out of this poor market.It could b...Read More
The index outperformed others such as the S&P/TSX Composite, which gained 4% in the period, and the group's major index which gained 6%.The firm's Canada mining and metals co-leader, Jeff Swinoga, said Wednesday the coronavirus and price volatility for all commodities failed to hinder the index' advance."Mining and metals companies have handled the impact of this ongoing disruption extremely w...Read More
Share this articleCALGARY - The CEO of Suncor Energy Inc. says the Alberta government's decision to end its oil production curtailment program in December after almost two years is "a very positive signal" for the oilsands and refining giant.On a conference call, Mark Little says the end of the quota system imposed to support oil prices will allow Suncor to operate "unencumbered" as it recovers fr...Read More
Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) is currently advancing two core assets, each with substantial gold resources, and has initiated a high impact exploration strategy to acquire and explore new properties that have district-scale gold discovery potential. We learned from Scott Eldridge, who is CEO of Canarc Resources that their flagship asset is the New Polaris past-pro...Read More
Jenny Jacobs is a registered nurse.As you can imagine, given the recent upswing in COVID cases, she's been extremely busy.But perhaps not in the way you might think.You see, Jenny doesn't work in an emergency room or at a private family health practice.Jenny works at a rehab clinic where folks with all kinds of addictions come to get clean.And since COVID-19 took hold, addiction rates have skyrock...Read More
Wallbridge Mining's (TSX: WM) flagship Fenelon gold project lies along the prospective Detour-Fenelon gold trend in north-western Quebec, 75 km west-northwest of Matagami. The 85.6 sq. km land package is 1 km north of the Sunday Lake Deformation Zone (SLDZ), a major east-west structure in the northern Abitibi greenstone belt, which also hosts Kirkland Lake Gold's (TSX: KL: NYSE: KL) Detour Lake...Read More
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world.The belt, better known as the Abitibi, is 150 km in width, and stretches for 650 km from just west of Timmins in Ontario to Chibougamau in Quebec.Explorers started travelling through the Chibougamau wilderness, a territory with abundant fur-bearing animals, fishing and hunting as...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico.Alamos generated 117,100 oz. gold., and sold 116,035 oz. at an average realized price of US$1,882 per oz., at all-in sustaining costs (AISCs) of US$949 per oz. sold.The resulting record cash flow led the compan...Read More
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world's largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE) on Oct. 28.The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange, Randy Smallwood, Wheaton's president and chief executive, said in an i...Read More
BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global mining sector by value as well as volume through the first three quarters of 2020, says GlobalData analytics and consulting firm.According to GlobalData's figures, a total of 1,233 M&A deals were announced in the metals and mining sector during the period.This represents a 24.2% increase over...Read More
"Believe nothing you hear, and only one half that you see."?EURo Edgar Allan PoeIn Baltimore, October 3rd, 1849, Edgar Allan Poe was found in a gutter.He was dressed in the ill-fitting clothes of a stranger, stinking drunk, and barely holding on to life. He died just a few days later.Considering the famed author's thirst for drink and drugs, it wasn't altogether an unexpected demise.However, it wa...Read More
Mining lawyers say gold price, auto electrification provides spark for dealsRead full newsRead More
Newrange Gold Corp. is pleased to report that the Company is in rRead full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that paRead full newsRead More