Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10 ? a share.The funds will be used to advance its Tamarack nickel-copper-cobalt project in north-central Minnesota, about 89 km west of Duluth ad 210 km north of Minneapolis.Resource Capital Funds participated in the offering, purchasing 21.13 milli...Read More
Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has sold its 50% stake in the Kwyjibo rare earth element deposit to Investissement Qu?(C)bec, a financing corporation that exists to facilitate investment in Quebec, for $7.2 million.The agreement on the project, located 125 km northeast of Sept-??les, was originally signed last month.The other 50% of Kwyjibo is held by SOQUEM, the mineral exploration arm...Read More
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX).Gran Colombia had envisioned creating a larger, South America-focused gold producer with operations in Colombia and Guyana and had offered 0.142 of a sha...Read More
Australia's New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner's nickel and cobalt operations on the Pacific island of New Caledonia.The Melbourne-based zinc producer said on May 26 that it had entered into a 60-day exclusivity period with Vale to complete due diligence and negotiate the acquisition of 95% of Vale Nouvelle Cal?(C)donie...Read More
The International Energy Agency recently released its report -- 2020 Global Energy Review -- which states energy demand will fall 6% in 2020. This represents the largest decline in 70 years in perRead full newsRead More
"$MPNGF $MPNGY - Meituan Dianping (MPNGF) CEO Xing Wang on Q1 2020 Results - Earnings Call Transcript. https://t.co/1dV1wlLlyJ #stocks #finance #stockmarket"Read full newsRead More
Newmont Mining (NYSE:NEM) has been on fire, and why shouldn't it? While gold prices have been quiet lately, they won't stay that way forever. The backdrop for the yellow metal is bullish. Therefore, the backdrop for NEM stock is bullish, too.Source: Piotr Swat/Shutterstock But let's not pretendRead full newsRead More
The gargantuan global debt bubble is now imploding at an astounding and terrifying rate, with the virus acting as a catalyst to speed up the process thanks to the lockdowns and the massive economic disruption that they are causing. The global economy is coming to a dead stop, with the airline, catering and tourism industries the first victims and already largely destroyed in the space of just a...Read More
Is Beijing's response to escalating jawboning out of the Trump administration to simply devalue its currency?Read full newsRead More
"Over the last week, the demand for vacation rentals across the US has seen a huge increase, now surpassing the demand for this same period last year."Read full newsRead More
Watch as Elon Musk and Jay Leno go for a joy ride in the 2021 Tesla Cybertruck + more bonus sneaks! Then, catch an all new episode ofRead full newsRead More
It’s said that every generation starts out with the best intentions. Whether Gen Z finishes what it starts is almost a moot point, though, if all an investor is looking for is growth. A cynic might look at investment themes among upcoming generational cohorts and spot growth trends rich with upside. Indeed, the ethical and social dimension of these trends may almost seem incidental.However,...Read More
Sifting through the outperforming stocks over the weekend yielded two strong themes. Gold and tech are popular with investors right now. It seems that not everybody got last week’s “buy anything” rally memo, which is perhaps just as well; while it’s reassuring to see stubborn bullishness in equities, it’s also alarming. Undue bullishness now almost certainly means ano...Read More
Canadian gold stocks are finally performing after being weighed down by gold’s prolonged slump after the 2008 Great Recession. Gold is one of the few assets that has performed strongly since the World Health Organization (WHO) declared a pandemic.The yellow metal is up 14% for the year to date to be trading at over US$1,731 an ounce. This coupled with the positive outlook for gold, with some...Read More
Gold has been one of the few assets to perform strongly since the WHO announced a pandemic in March 2020. The yellow metal has gained 14% for the year to date to trading at US$1,731 an ounce. Despite higher gold, some Canadian gold miners have seen their stock soften since the start of the year because of the impact of the coronavirus on operations. That has created an opportunity to acquire quali...Read More
Image from Pixabay Employee engagement and soft skills have never been more important for the mining industry, the Global Mining Guidelines Group (GMG) outlines in a recent report focused on advancing employee engagement in mining. GMG authored the paper to share industry insights with the global community, such as the Workforce of the Future Working Group, launching soon. A number of convergingf...Read More
Beaten-down TSX-listed gold miner Eldorado Gold (TSX:ELD)(NYSE:EGO) has been a key beneficiary of gold’s latest rally. Over the last year, Eldorado’s stock soared by a notable 198%, substantially outpacing gold, which gained 35%.This has sparked speculation that Eldorado may not experience a rally as strong as many other intermediate gold miners when the yellow metal rallies again.Impr...Read More
Aurora Mill, Guyana. Photo courtesy of Guyana Goldfields. Gran Colombia Gold (TSX: GCM) announced on Monday that it will no longer pursue the acquisition of all shares of Guyana Goldfields and, as a result, terminated the planned merger with Gold X.The successful completion of the Guyana Goldfields acquisition was a condition for the merger with Gold X. Guyana Goldfields rejected Gran Colombia's...Read More
Image by Banyan Gold Banyan Gold (TSXV: BYN) on Monday reported an initial mineral resource estimate of 903,945 ?EUR?ounces in the inferred category for its Aurex ?EUR?and McQuesten properties, located in the Mayo Mining ?EUR?district of Canada's Yukon territory, approximately 56 km northeast from the village of Mayo and 356 km north of Whitehorse.The properties, together referred to as AurMac, a...Read More
The proposed site for Alaska's Pebble mine, at the headwaters of the rivers that empty into Bristol Bay. Credit: jsear | Flickr Northern Dynasty Minerals (TSX: NDM) has welcomed a change of plan for its Pebble project in Alaska's Bristol Bay region, which would now include an all land-based transportation route to connect the proposed copper-gold-molybdenum-silver mine in southwest Alaska.Last Fr...Read More