O3 Mining (TSXV: OIII) has entered an agreement with a syndicate of underwriters to raise $35 million (upsized from $30 million) for exploration at its projects in Quebec and for working capital and corporate expenses.The bought deal private placement offering co-led by Cormark Securities, Sprott Capital Partners and Canaccord Genuity, includes 4.7 million flow-through units, priced at $4.30 each,...Read More
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has completed a bought deal financing raising $34.5 million that will be spent on permitting, development and exploration at its wholly owned Valentine gold project in Newfoundland.The company issued 23 million units at a price of $1.50 each, with each unit consisting of one share plus a half warrant exercisable at $1.90 per share for a one-year period. The...Read More
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in the market caused by curtailed production and halted expansions start to emerge.Car sales, EVs included, have plummeted this year as a result of the coronavirus pandemic that has hit global markets.In Western Europe, where...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has developed a way to extract high-purity scandium oxide from waste at its titanium dioxide production facilities in Quebec.The company has been using the new process, developed by researchers at the company's Rio Tinto Fer et Titane (RTFT) Research & Development Centre, to produce scandium oxide that meets market specifications since the second half of 2019 as par...Read More
Mining and recycling operations were curtailed nearly everywhere late in the March-quarter owing to widespread lockdown restrictions, resulting in a 3% year-on-year slide to the lowest production since 2015. It was also the largest year-on-year fall since the first quarter of 2017, however, the decline was "relatively modest" given the scale of the pandemic.Gold production in China, South Africa a...Read More
"And the best thing, the very best thing of all, is there's time now - all the time I need and all the time I want. Time, time, time. There's time enough at last...." Those were the words of Henry Bemis, the main character in the iconic Twilight Zone episode, "Time Enough at Last".I'm sure most of you are at least somewhat aware of it...In the story, Henry simply wanted the time to read. He had a...Read More
Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility.Read full newsRead More
The program, which gives investors alternative exposure to Bitcoin via mining hardware, is available to accredited investors around the world.Read full newsRead More
By: Gary SavageI warned you about this situation. Gold's option expiration on Tuesday. Usually see an attack. The triangle consolidation pattern was blocked and not allowed to get follow-through, the technical will transform into a box:https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold dropped because of the strong equity markets, but not the tech sector -- stalling. Gold's trend is down in the short-term:Read More
Spot gold is higher than comex gold futures after a very long-term time. Silver, copper and crude oil will remain firm on demand outlook and mine supply pressure. Trend of all metals, energies and US dollar Index till 2nd June can be misleading. Trend between 3rd June to 17th June will be sustainable. COVID is getting less attention now. Focus is on jobs and economy. COVID infections once world...Read More
Newrange Gold Corp. is pleased to announce that a drilling contraRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
IWCC expects global copper surplus to hit 285,000 tonnes this year and 675,000 tonnes in 2021.Read full newsRead More
Is the move a precursor to Chinese company delistings from US exchanges.Read full newsRead More
The path of Canadian stocks through the COVID-19 fog is likely to be guided by inflation expectations. We explain why in our INK Canadian Insider Index quarterly rebalancing video presentation released Tuesday. The video is free. After rebounding from March lows, inflation expectations are now consolidating. Should they move significantly up or down from here, their direction will likely signal i...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce the acquisition through staking of six new uranium exploration properties totaling over 57,000ha in the prolific Eastern Athabasca Basin of Saskatchewan (Figure 1). All of the new claims are 100% owned by IsoEnergy.New Property Summary:Hawk: 6,000ha located 37km west of Larocque East, home of the Hurricane Zon...Read More
Gold prices edged lower on Tuesday after a long winning streak since the start of 2020. As riskier assets like gold stocks gained traction, Canadian junior gold miners have a reason to be optimistic. Gold prices moved lower, and continued to trade sideways unable to break down, after reaching a 7.5-year high last week. Prices fell below support near the 10-day moving average at $1732, whi...Read More
For investors focused on growth, investing in the shares of Lundin Mining (TSX:LUN) for the long term can fetch exceptional returns. Lundin Mining is a diversified base metals mining company that owns five mines in the low-risk and safe regions.Moreover, the company maintains a strong balance sheet and has a low leverage profile, implying it can survive the current crisis. The COVID-19 o...Read More
1. Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome!2. Please click here now. Double-click to enlarge this gold chart. It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.3. A rectangle pattern is in play. The good news is that basis the Edwards and Magee technica...Read More