Share this article Tesla Motors Ltd. [TSLA-NASDAQ] CEO Elon Musk has outlined improvements the company has made in its battery manufacturing capabilities and said he doesn't want to be constrained by the availability of key battery ingredients such as nickel."I actually spoke with the CEO's of the major mining companies of the world and asked them to please make more nickel," said Musk during a...Read More
We learned from Ron Thiessen, President and CEO of Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) that they own one of the world's largest, undeveloped, copper and gold resources, called the Pebble Project in Alaska. Pebble is one of the greatest stores of mineral wealth ever discovered, with a current resource estimate of 6.5 billion tonnes, in the measured and indicated categories...Read More
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) is a mid-tier gold producer, with its primary focus in Colombia, where it is currently the largest underground gold and silver producer, with several mines in operation at its high-grade Segovia Operations. Gran Colombia owns approximately 57.5% of Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF), a Canadian mining company, currently advancing a major...Read More
$9.1 billion...This is the combined value of the treatment market for Alzheimer's disease and Parkinson's disease: two diseases that wreaked havoc on my grandmother and great-grandmother.I'm not going to lie: Watching my loved ones suffer from these horrible diseases was not easy.And in fact, one of the reasons I'm often investing in the biotech space is because I want to be a part of any potentia...Read More
At Tesla's live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company's plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that doesn't contain cobalt, and the construction of a new cathode plant.The new battery technology, which the company plans to manufacture in-house, will lower the cost of its EVs and extend their range b...Read More
Integra Resources (TSXV: ITR; NYSE-AM: ITRG) has released assay results for five holes drilled as part of this year's exploration program at the Florida Mountain deposit within the DeLamar project in southwest Idaho, with several long mineralized intercepts. The latest results "continue to underscore the potential that exists in near-deposit targets at Florida Mountain," the company said in a stat...Read More
BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer's 4,500-sq.-km Elliott copper project, in the Northern Territory.The pact would give BHP the choice to enter an earn-in and joint venture deal to earn up to a 75% stake in the project, following a validation program to be completed by year-end.The Melbourne-based mining giant w...Read More
The rhodium price has been on a roller coaster ride this year, rocketing from US$6,050 per oz. at the start of 2020 to a high of US$13,800 per oz. by March 10, only to plummet to US$7,800 per oz. before the end of that month as Covid-19 spread around the world.This week the metal hit a new all time high of US$14,490 per oz. before slipping to just below US$14,000 on Wednesday.Like its sister metal...Read More
Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, chief executive of its U.S.-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made about elected and regulatory officials in Alaska in private conversations videotaped by an environmental activist group.The announcement comes as doubts about the proposed Pebble copper...Read More
Maritime Resources (TSXV: MAE) has reported drill results from its past-producing Hammerdown gold project, which returned gold intersections within the proposed pit shell, outside of existing resources, and high-grade hits below the pit shell. The project is near the Baie Verte mining district of Newfoundland and Labrador.Drilling targeting the Wisteria zone at the Hammerdown deposit, at the inter...Read More
During Tuesday's much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that drives itself.Much of the three hour-plus presentation was low on detail, high on promotion and stratospheric on ambition. It is ever thus, but Tesla's plans to start mining seemed particularly simplistic.With great fanfare and 40 yea...Read More
Luminex Resources (TSXV: LR; US-OTC: LUMIF) has released drill results from a five-hole, 3,300-metres drill program at its Condor gold-copper project in the Zamora-Chinchipe province in southeast Ecuador, 400 km southeast of the capital, Quito, and 70 km east of Loja.The drill campaign was conducted on Soledad Baja, a southeast extension of the Camp deposit located on the northern section of Con...Read More
I'm currently spending a small fortune to build a large wooden fence around my house.I say a small fortune because lumber prices are up almost 70% in the past year. And the Fed says inflation is too low...Anyhow, perhaps you caught my piece recently about the two escaped convicts who crashed a stolen car into my yard. That was the final reason I needed to actually pull the trigger and write the ch...Read More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
Japan Gold is pleased to announce acquisition of the Kanehana ProRead full newsRead More
In times of trouble people still turn to gold. What makes it a safe haven? Largely perceptions, based on its historical mystique.Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.Read full newsRead More
Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More