The approval allows for FMG to expand the material handling capacity from 175 million tonnes per annum to 210Mtpa on a staged basis.Read More
We learned from Joe Grosso, Executive Chairman, President and CEO of Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), that the Company, led by the Grosso Group, pioneered mining exploration in Argentina, where they discovered the world-class Gualcamayo project, put in production by Yamana Gold, the world-class Navidad silver deposit, now held by Pan American Silver, and the...Read More
One policymaker at the Bank of England has a message for gold investors: The record-high price of gold "tells you precisely nothing."Gertjan Vlieghe, one of the nine members of the BOE's Monetary Policy Committee, warned investors last week that gold is a "terrible" leading indicator for inflation.Talking with U.K. lawmakers, Vlieghe said, "If you look at previous episodes where the gold price is...Read More
The company today announced that it had awarded the world's first LNG-fuelled Newcastlemax bulk carrier tender to Eastern Pacific Shipping, with the aim of GHG emissions by more than 30% per voyage.Read More
The COVID-19 death toll is now approaching a bleak 190,000 in America. Fully six months after the virus first arrived on our shores, we're still wearing masks. We're still social distancing. And many of us are still working from home. There's a global effort underway to develop a vaccine but it's not likely to be released any time soon. And time is running short with summer drawing to a close.Wh...Read More
Yesterday, Real Vision's Ed Harrison provided a timely overview of the risks that options pose to Technology shares due to the role that institutions have been playing in managing exposure to the high-flying group. He explained that if the market starts to roll over, institutions would mechanically pick up their selling. If you have not listened to Ed's overview of option dynamics, it provides gr...Read More
Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More
Peter A Ball, President and CEO of NV Gold Corp, spoke to us about the latest update from the ongoing exploration program at their high-grade Exodus Gold Pro...Read full newsRead More
GOLDEN RIDGE RESOURCES LTD. (TSXV:GLDN) (Read full newsRead More
Further to its news release dated August 19, 2020, the Company has closed the initial tranche of its non-brokered private placement.Read full newsRead More
"BMO: Disruption to #nickel supply from New Caledonia continues, with an escalating blockade of SLN's Poum operation. In our view, the level of supply disruption seen in nickel this year is underappreciated. We forecast less nickel units to be mined this year than consumed."Read full newsRead More
Figure 1 Location map of Mineral Ridge and ownership boundary. Figure 2 Mineral Ridge highlighting areas of previous mining, planned mining and exploration target areas. Figure 3 Limited surface rock chip sampling results for the Mineral Ridge claims.VANCOUVER, British Columbia, Aug. 31, 2020 (GLOBERead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report new intersections of strong uranium mineralization in the initial drill holes of the summer campaign 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 Basin of Saskatche...Read More
U.S. sanctions and a collapsing oil industry are prompting Venezuela to step up its push into gold mining, including in protected areas of the Amazon.Read full newsRead More
Positive manufacturing data and talk of further fiscal stimulus buoyed markets.The S&P/ASX 200 also closed higher yesterday, up 1.8%, despite news Australia had officially entered its first recession in almost 30 years due to COVID-19.The gold price has softened about US$20 an ounce from this time yesterday to $1,940/oz on the spot market.Cardinal Resources (TSX: CDV) was one of the bigger mar...Read More
Three dams and three dikes were issued negative Stability Condition Declarations (DCEs), the company said yesterday.However the Brazil-based miner said there would be no impact on its already revised 2020 iron ore production guidance, which it tipped in July would likely reach the lower end after a challenging second quarter. Vale said yesterday it had started level one emergency protocols fo...Read More
Prominent gold commentator John Hathaway appeared on the second day of The Northern Miner's Global Mining Symposium. In January, after 22 years at Tocqueville Asset Management, the veteran investment manager moved to Toronto-headquartered Sprott Asset Management (TSX: SII; NYSE: SII), where he is now senior portfolio manager and managing director.Hathaway spoke with Dean McPherson, head of busines...Read More
Are you looking for top stocks to buy this month? Barrick Gold (TSX: ABX)(NYSE: GOLD), Innergex (TSX:INE), and Metro (TSX:MRU) are three stocks that have performed well during the pandemic — and should keep doing well in September.Barrick GoldThe stock market’s high valuation means the possibility of a crash is increasing. One way to defend yourself from an impending stock crash is to...Read More
Investors were probably rubbing their eyes after seeing Zoom Video (NASDAQ:ZM) leap 42% this week. The stock caught fire following revised earnings guidance issued Monday. But should Canadians be sucked into the hype being generated by tech stocks on U.S. exchanges? Or is there a better way to accumulate wealth in a stock portfolio over the long term?Bet on the horse or buy the race track?Short-te...Read More
Warren Buffett may be the best investor of all time. But one thing he’s never liked is gold.“Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head,” he said in a 1998 at Harvard University.Apparently, he c...Read More