Mining Stocks Articles

The View from England: US elections are unnerving for global investors

October 26, 2020 / Chris Hinde

An already catastrophic year for the global economy is suddenly even more uncertain as investors everywhere grapple with the likely impact of the U.S. presidential election.With very few exceptions (New Zealand springs to mind) there is little faith amongst investors in politicians' handling of the coronavirus pandemic, and the global mood ahead of the U.S. election wasn't helped by the two presid...Read More

Galway Metals CEO says Clarence Stream 'an important new gold district in North America'

October 26, 2020 / Canadian Mining Journal staff

Drilling at Galway Metals' (TSXV GWM) Clarence Stream gold project in New Brunswick has more than doubled the strike of the Richard zone from 400 metres to over 900 metres.The company has released assay results for holes completed along the western and eastern limits of the Richard area, which lies between the Jubilee zone (to the west) and the George Murphy zone (to the east).Highlights included...Read More

Barrick, NovaGold drill large-scale Donlin project in Alaska

October 26, 2020 / Northern Miner Staff

In what has been the largest drill campaign at the Donlin gold project in Alaska in 12 years, joint-venture partners Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG; NYSE-AM: NG) announced they have completed this year's 85-hole program totalling 23,400 metres.The companies reported results for nine of the drill holes in August, and released assays from another 16 holes today,...Read More

Nordgold-Shandong bidding war intensifies on 'misleading' statement from Cardinal

October 26, 2020 / Cecilia JamasmieMiningcom

A long-running battle between Nordgold (LSE: NORD) and China's Shandong Gold Mining over Cardinal Resources (ASX: CDV) has taken a legal turn after the Russian miner made a fresh application to Australia's Takeovers Panel that accuses the takeover target of misleading shareholders.Nordgold, which first approached Cardinal in March with an unsolicited A45.7 ? (US32.6 ?) per share bid, put forward a...Read More

Young Mining Professionals announces 2020 scholarship winners

October 26, 2020 / Carl A Williams

Young Mining Professionals (YMP) has announced its 2020 scholarship recipients. A total of $61,500 in scholarships has been awarded to students studying mining-related programs in Canada."The scholarships are not only supporting the students but also helping to address the talent gap in the mining industry," Stephen Stewart, director of YMP Toronto and president and chief executive of Orefinders R...Read More

US presidential election will impact clean energy, EVs: report

October 26, 2020 / Valentina Ruiz LeotaudMiningcom

Market analyst Wood Mackenzie has published a report outlining what the future of clean energy and electric vehicles may look like following the Nov. 3 election in the United States.On one hand, President Donald Trump is promising to maintain the status quo somehow favouring oil, gas and coal and rejecting the idea of cutting greenhouse gas emissions. Democrat rival Joe Biden, on the other hand, p...Read More

INK Canadian Insider Index Gains 1%, beats oil, US markets, and gold

Sun, 25/10/2020 9:23 pm / Nicholas Winton

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index jumped 12 points, or 1%, to 1108.90.MACD retreated 1.22 points to -0.51. RSI edged 2.97 points, or 5%, higher to 62.18.Support is now at 1089 (20-day moving average) and 1080. Resistance is at 1110 and 1129 (upper Bollinger band).As far as performance goes, the INK Ca...Read More

Insights: Bitcoin is back and betting against seasonal oil & gas weakness

Sun, 25/10/2020 11:59 am / Ted Dixon

Has COVID-19 impacted seasonal patterns in oil & gas stocks? Some guests on INK Ultra Money are betting it has. Meanwhile, 2020 has been a great year for bitcoin and the best may be yet to come. Read the latest edition here.Read More

North American Construction Group Ltd. Announces Award of Gold Mine Construction Contract

Sun Oct 25 09:29:02 2020 / Staff reporter

ACHESON, Alberta, Oct.22, 2020(GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG" or "the Company") (TSX:NOA.TO/NYSE:NOA) today...Read full newsRead More

Russian firm Polyus moves forward with the worlds largest gold mine

Sun Oct 25 02:48:02 2020 / Staff reporter

(Kitco News) - Russias biggest gold miner Polyus is said to be working on an area with estimated reserves of 540 million tonnes of ore, containing...Read full newsRead More

Futures mixed, gold lower

25 October 2020 / Staff reporter

Meanwhile in China, Communist Party officials begin a four-day policy plenum today, to lay out a five-year plan to guide the economy to 2025.Gold has dropped below US$1,900 an ounce on the spot market, to about $1,895/oz at the time of writing.Base metals closed lower in London on Friday as the virtual LME Week wound up, where one panel had heard metals demand could stagnate in 2021 due to a secon...Read More

Siberian Gold Deposit Has World's Largest Reserves

Sat Oct 24 09:27:02 2020 / Staff reporter

Polyus PJSC, Russia's largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world's biggest reserves.Read full newsRead More

Barrick granted exploration licences in Tanzania

October 24, 2020 / Cecilia JamasmieMiningcom

Barrick Gold (TSX: ABX; NYSE: GOLD) has been granted 10 new exploration licenses in Tanzania, where, until recently, it was locked in a three-year conflict over taxes and mine ownership.The Toronto-based miner, which operates three mines in the African country through Twiga Minerals, added it would spend US$8 million carrying out exploration in Tanzania this year.Twiga Minerals was born last year...Read More

Warren Buffett: It's Time to Buy Gold Stocks

October 24, 2020 / Kay Ng

Even Warren Buffett, one of the greatest investors of our time, bought some gold for his portfolio. Specifically, in the second quarter, he invested approximately US$565 million in Barrick Gold (TSX:ABX)(NYSE:GOLD) through Berkshire Hathaway. Since then, the gold miner stock has only appreciated about 7%.Usually, Buffett doesn’t trade in and out of stocks quickly. He would potentially sell h...Read More

.@AlianzaMinerals $ANZ Releases Horsethief Results of Final Four Holes

Fri Oct 23 15:46:07 2020 / Alianza Minerals

Alianza Minerals Ltd. (TSXV:ANZ) (OTC:TARSF) (Read full newsRead More

Siberian Gold Deposit Has World's Largest Reserves

Fri Oct 23 02:45:02 2020 / Staff reporter

Polyus PJSC, Russia's largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world's biggest reserves.Read full newsRead More

Siyata Mobile to Host Live Webinar on Thursday, October 29, at 2:00PM EST

October 23, 2020 01:07:14 / Staff reporter

Vancouver, BC - October 22, 2020 - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") is pleased to announce that management will be hosting a live investor webinar on Thursday, October 29th at 2:00 PM ET. The management will be going through its updated October investor presentation which includes an overview of current operations, industry metric and upcoming milestones on it...Read More

3 Explosive Growth Stocks You Can Buy Now for Only $30

October 23, 2020 / Sneha Nahata

The best part of stocks is that you don’t need a boatload of cash to start investing. Even a small but regular investment in the shares of high-quality companies could go a long way and create a substantial amount of wealth for you. So, if you are planning to invest in stocks but your budget is tight, consider buying these three low-cost TSX stocks offering explosive growth. To your sur...Read More

Unigold rises on Candelones results

October 23, 2020 / Miningcom staff

Shares of Unigold (TSXV: UGD) rose 46%, or 14.5 ?, to 46 ? per share following positive drill results from its Candelones Extension deposit, which is part of the company's 210-sq.-km Neita Concession in the Dominican Republic.Recent drilling was designed to test potential epithermal feeder systems at Targets B and C of the deposit. The first hole to test post-mineral mafic dikes intersected a high...Read More

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