As the gold prices surged in 2020 amid strong demand for the yellow metal, shares of gold mining companies crafted new highs. For instance, shares of Kinross Gold (TSX:K)(NYSE:KGC) have doubled so far this year and have outperformed peers by a wide margin.Despite the rally, I believe there’s further upside in Kinross Gold stock. Here are three strong reasons why I believe inve...Read More
Since the major stock market crash in March, a lot of TSX stocks have had impressive recoveries. However, some of the biggest gains on the TSX have come from gold stocks.A lot of this is due to the massive increase in the price of gold this year. Many TSX stocks have recovered fully, and some have reached new highs.However, with gold stocks, almost every company has rallied to new highs. This...Read More
This year was a virtual event, which for many CEOs as well as journalists, meant being stuck to the screen all day in video meetings, without the sanity break the two-minute dash between meeting roomsRead More
Share this articleTORONTO - Shares in Kinross Gold Corp. rose by more than 10 per cent on Friday after it announced it would introduce its first dividend in seven years in view of growing gold production.The news comes as gold prices continue to hover at near all-time record heights above US$1,950 per ounce.Kinross last paid a dividend of eight cents per share in March 2013, suspending it a few mo...Read More
We just weren't ready...One of the reasons coronavirus has had such a big impact on the economy and our social lives was a lack of preparation. PricewaterhouseCoopers writes:Most companies already have business continuity plans, but those may not fully address the fast-moving and unknown variables of an outbreak like COVID-19. Typical contingency plans are intended to ensure operational effectiven...Read More
The Flin Flon mining district, which straddles Manitoba and Saskatchewan, hosts Hudbay Minerals' (TSX: HBM; NYSE: HBM) 777 mine.The underground mine, which has been producing base and precious metals since 2004 and employs over 800 people, is approaching the end of its life, with final production slated for 2022. This is a cause of great concern for the local community of Flin Flon.However, Max Po...Read More
Chairman Mao Zedong's famous proclamation that "women hold up half the sky" may be true but certainly not as chief executive officers or in the boardrooms of the corporate world.So it was refreshing to hear the recent news that Citigroup - the third largest bank in the United States - has chosen Jane Fraser as its next CEO. Fraser, 53, started her career at Goldman Sachs in London and then went to...Read More
The suspension of mining activities due to the Covid-19 outbreak in the second quarter of this year will result in a 1.7% decline in global gold production in 2020, says GlobalData.According to the data and analytics company, all the world's top gold producers, including Newmont (TSX: NGT; NYSE: NEM), Barrick Gold (TSX: ABX; NYSE: GOLD), AngloGold Ashanti (NYSE: AU), and Newcrest Mining (ASX: NCM)...Read More
Chile's environmental court has put the final nail in the coffin for Barrick Gold's (TSX: ABX; NYSE: GOLD) giant Pascua-Lama gold-silver project, straddling the Argentina border, which had been on hold since 2013 over environmental concerns.The court dismissed late on Thursday a legal challenge from the company to a 2018 ruling. At the time, Chile's Environmental Protection Agency (SMA) ordered th...Read More
BHP (NYSE: BHP; LSE: BHP) acknowledged on Thursday it was aware of Australian Aboriginal groups' concerns about the future of dozens of heritage sites before it sought and obtained approval to destroy them, as part of a US$3.4 billion expansion of its South Flank iron ore project.The company, the second major miner to appear at a federal parliamentary inquiry investigating Rio Tinto's (NYSE: RIO;...Read More
The world is in the midst of a devastating pandemic. These are uncertain times, and people are cautious. In this environment, investors need to be conservative. To minimize risk, most investors tend to invest in assets that are considered safe, particularly gold. Here are three reasons why wealthy billionaires and sophisticated investors are betting on the yellow metal, and why you shou...Read More
Hours before a patchwork federal police force dispersed protesters from the White House with tear gas so Donald Trump could have his picture taken with a bible, the Defense Department's lead military police officer sent out a call for a "heat ray" that could be used to scorch the skin of American citizens.The weapon, known as an Active Denial System, is a form of directed-energy weapon (or laser w...Read More
Nexus Gold Corp. is pleased to provide a corporate update to sharRead full newsRead More
Bold Ventures Inc. is pleased to announce that an exploration perRead full newsRead More
Commander Resources Ltd. is pleased to report that Maritime ResouRead full newsRead More
Cashed Up, Covid, and Projects. Brian McEwen is VP of Exploration & Development Golden Arrow Resources Corp. Guest's website: https://goldenarrowresources.co...Read full newsRead More
NUMINUS WELLNESS INC. (TSX-V:NUMI)Numinus Wellness Inc. (TSX-V:NUMI) is positioned to become a market leader in psychedelic medical treatments. The company is at the forefront of this exciting, emergent industry.Following 50 years shut out in the regulatory wilderness, psychedelic-assisted pRead full newsRead More
Analytical results for final four holes expected mid-October 2020 Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) ("Alianza" or the "Company") reports results from holes 4, 5 and 6 of the 10 hole 2020 reverse-circulation ("RC") drilling program at the Horsethief Gold Property, Nevada. This work is funded by partner Hochschild Mining (US), a subsidiary of [...]Read full newsRead More
While stocks may be taking a breather today, Juliette Declercq, founder of JDI Research, has a generally upbeat outlook over the next few years. Her optimism is grounded in the notion that most global policy makers are quite happy with the Fed's game plan. There is one big risk she sees, however, and that may well be what is holding back stocks today. I really enjoyed this interview, and it is th...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional intersections of strong radioactivity and initial chemical assays from the on-going summer drilling program at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca...Read More