Barrick Gold CEO Mark Bristow joins Squawk Box after the company reports earnings, to speak about the spike in demand for gold during the coronavirus crisis.Read full newsRead More
The Eva Copper Project is in Outback Queensland, Australia, pictured. (Stock image). Copper Mountain Mining has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.Compared with a feasibility completed in 2018, the new study has increased the mine life by three years to...Read More
Aurizona crusher Credit: Equinox. Equinox Gold has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil.The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site. This incremental operation would deliver an additional 740,500...Read More
BGAN PTT Solution Credit: Inmarsat. Inmarsat, a world leader in global mobile satellite communications, and Cobham Satcom, a company focused on providing dependable communications and internet access, have launched a comprehensive new Broadband Global Area Network (BGAN) push-to-talk (PTT) solution to connect remote workers using vehicles across the globe.The solution provides real-time data tr...Read More
Image by Silvercorp Metals Inc. Silvercorp Metals (TSX: SVM) has achieved its fiscal 2020 production guidance for all metals at all operations, the company announced Thursday.After an extended shutdown of activities at its operations in China due to covid-19, the company was able to ramp up to full capacity in March in full compliance with government measures.For the year, the company beat its si...Read More
Image by ae?"??? ?(TM)^ from Pixabay. The back story on how China came to dominate the lithium-ion battery to electric vehicle (EV) supply chain by building capacity in metal refining, battery-grade chemicals production and cathode and anode making is being told via new data from Benchmark Mineral Intelligence. The data demonstrate China's share of global total production in 2019 for each stage...Read More
Mining stock specialist Mike Kachanovsky says now is the time to buy heavily discounted precious metals stocks and capture a rebound in this sector that is long overdue.Mining stock specialist Mike Kachanovsky says: "the best way to play this setup is to consider buying a few of the large silver producers."It seems that the concept of prudent investing ended with the financial crisis of 2008. Ther...Read More
Given the current price of around $1,700/oz, Paragon's John Deniz conceded the expectation was "not a big call".Read More
The injured workers were taken to the nearby Moranbah Hospital by ambulance services shortly after 3pm on Wednesday suffering severe upper body burns.Read More
Metso has reported March quarter sales that were slightly down year-on-year at EUR832 million, with adjusted EBITA down 12.Read More
Share this articleGreat Atlantic Resources Corp. [GR:TSXV] is pleased to announce it has received analytical results for 2019 rock samples collected at the Southwest Golden Promise Property, located in the central Newfoundland gold belt. The highlight was a quartz vein material sample which returned 3.1 grams per tonne (g/t) gold. The Southwest Golden Promise Property is centered approximately 4 k...Read More
Today is Thursday, May 7, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Baytex Energy Corporation (NYSE: BTE), PBF Logistics LP (NYSE: PBFX), and Diamond S Shipping (NYSE: DSSI).Baytex Energy Corporation (NYSE: BTE)Baytex Energy Corporation (NYSE: BTE) is a $168.2 million company today with a one-year return of -85.58%. Let's look at its price-to-earn...Read More
Today is Thursday, May 7, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,707.80. It's up 0.07% from yesterday and up 33.28%...Read More
They didn't want me to write this article.They said it would be deemed politically incorrect and could offend a lot of people.But here's the thing...I don't care. While my intention is not to offend anyone, I'm not going to trivialize the truth in an effort to placate those who are easily offended. Especially not this truth...China Screwed Us Was COVID-19 spawned in a wet market or in a biotec...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil.The early-stage study suggests a feed contribution of 2,800 tonnes per day from the Piaba underground to the existing 8,000-tonne per day plant at the site. This incremental operation would deliver an additional...Read More
Copper Mountain Mining (TSX: CMMC) has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.Compared with a feasibility completed in 2018, the new study has increased the mine life by three years to 15 years, boosted annual production by 25% to 100 million lb. copper, and d...Read More
Anglo American (LSE: AAL) is speeding up its exit from thermal coal and plans to spin off its South African coal unit within the next three years.Mounting pressure from investors, regulators and environmental organizations has pushed miners to either sell coal assets or to limit their exposure to the fossil fuel in recent years.The diversified miner, which has consistently been offloading coal ope...Read More
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has released results from a winter drill program at its wholly owned Golden Highway project, 110 km east of Timmins, Ontario.The project has six known deposits: South West, West Block, Windjammer North, 55, Windjammer South and Discovery. The property is within trucking distance of six existing mills that have excess capacity for toll milling, but th...Read More
Slowed global economic activity in the March quarter resulted in demand for crude oil and related corn-based ethanol products retreating, which contributed to softer-than-expected potash pricing.The Saskatchewan-based company reported an adjusted loss for the March quarter of US$69 million, or 12c per share. The net result compared with a $41 million net profit in the same period last year.Nu...Read More
During PDAC 2020, we caught up with Paul Sorbara, CEO of Golden Goliath Resources (TSX: GNG). Since we spoke last, Golden Goliath has sold 7 out of 8 properties in Mexico and acquired 2 new properties in the Red Lake district, in Ontario and a third property near Wawa Ontario. With great Gold prospects and money in the bank, Golden Goliath is worth watching.Golden GoliathDr. Allen Alper:This is Dr...Read More