Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada's Nunavut territory, an association that mirrors what can be found in South Africa's Witwatersrand Goldfields.The Witwatersrand Goldfields comprise the world's biggest gold deposit, responsible for more than 40% of the gold ever min...Read More
BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous sites leading up to a vote on the matter in Wednesday's annual general meeting.The move follows increased pressure on miners to protect cultural landmarks after Rio Tinto (LON: RIO) blasted a 46,000-year-old sacred site...Read More
According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal's use in widespread applications, from power generation and electricity distribution to iPhones.Since the end of March, the price of the base metal has recovered remarkably well, rising from barely US$4,900 per tonne to over US$6,60...Read More
Macquarie Group Ltd. has vaulted to second place for dealmaking in Australia and New Zealand after advising on gold miner Northern Star Resources Ltd.'s acquisition of Saracen Mineral Holdings Ltd. this week.Read full newsRead More
It’s been an unusual start to the week — but then, what’s usual about this year? Still, to see cannabis stocks and gold stocks going up at the same time gives some insight into the nature of this market. Let’s take at look at this very unusual Canadian Thanksgiving market snapshot and see what it might be able to tell us about the rest of the year ahead.Which stocks are goi...Read More
Whenever Warren Buffett speaks, it pays ample dividends to listen up. And whenever the man buys a stock, investors should take the move as a macro hint as to where the biggest opportunities may lie at any given instance. The man we know as the Oracle of Omaha may be 90 years of age. However, he’s still as patient as ever and is willing to hang onto an undervalued investment until Mr. Market...Read More
Investing in 2020 has taught us several lessons. It has shown us the fickle nature of the stock market after the unprecedented sell-off witnessed in March 2020. The S&P 500 Composite Index and the TSX lost close to 36% in just over a month. However, soon after, investors also witnessed the strongest rebound from bear market lows over the next six months.While it is impossible to time the marke...Read More
The quick recovery in equities despite the coronavirus’s continued spread led many to believe that stock markets could crash again. The argument might hold given the uncertainty and a resurgent virus in the background. However, the significant amount of liquidity poured into the economy through massive stimulus packages and the gradual recovery in demand suggests otherwise. While the tr...Read More
Black Iron plans to split the total figure into US$200 million of equity and US$300 million debt.Read More
Assays are expected later this month from the Andover project as Azure said "high-grade nickel mineralisation (was) confirmed by pXRF (as) verified by Azure's onsite geologist". A 40.Read More
It's raining gold in India.At least that was the rumor that reportedly caused hundreds of people near Bangalore to go searching the ground for fallen gold.According to a report by Asianet News, a rumor "spread like wildfire" that gold coins fell from the sky with a recent rainstorm near a police station in the town of Anekal. The report said locals believed these gold coins once belonged to the an...Read More
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its first resource estimate.Soledad is in the country's Ancash district, 35 km southwest of Barrick Gold's (TSX: ABX; NYSE: GOLD) Pierina gold mine and 260 km northwest of Lima. Gold Fields (NYSE: GFI) inve...Read More
Some experts believe we may have hitRead full newsRead More
Barrick Gold Corp.'s top executive says the gold industry needs more consolidation so it can increase exploration to boost depleting reserves, lure more generalist investors and improve efficiencies.Read full newsRead More
Some experts believe we may have hitRead full newsRead More
EnGold Mines' (TSXV: EGM) wholly-owned Lac La Hache copper-gold-silver project in the southern Cariboo region of central B.C. has a storied history tracing back several decades.The property, 14 km northeast of Lac La Hache and 480 km from Vancouver, lies within the Quesnel Trough, a 2,000-km long depositional belt that hosts several large tonnage porphyry-type deposits. Imperial Metals' (TSX: III...Read More
It’s going to be a rough November, with the potential for the markets to be completely upended. Extreme tension is being created by both the pandemic and the upcoming U.S. election. But a simple long-term strategy could help investors to continue growing wealth. Today, we will look at two key stocks that investors can counterbalance for a combination of defensiveness, dividends, and share pr...Read More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
Warren Buffett is considered one of the most value-focused investors of our time. And while it’s true that he has made fortunes investing in troubled companies and leveraging recessions, he isn’t always after the lowest valuation point. This was evident in the 2020 market crash when Buffett didn’t start buying after the market was about halfway into recovery.This also falls in li...Read More