The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Gold climbed as investors weighed the impact of the Federal Reserve's new approach to setting U.S. monetary policy, with a more relaxed stance on inflation.Read full newsRead More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Warren Buffett buying a gold stock is one of the most shocking pieces of news I have heard in quite some time. Over time, I read books that stated his views on gold. He has criticized it as being a non-producing asset, which it certainly is, that does not produce a yield over time. He is not wrong in this assessment, of course, but gold isn’t held because of its yield.Furthermore, Buffett is...Read More
It’s no secret that gold’s been rallying for the past few months. After its recent pullback, though, investors may be wondering if it’s reached its high.Since the start of the pandemic, it was clear the economic toll would be massive. This resulted in governments moving swiftly to provide stimulus and prop up economies that were falling off a cliff.While this was crucial in stopp...Read More
TFSA savers have a lot to lose by sitting around on the sidelines, as they witness TSX Index continue its march towards pre-pandemic highs. Sure, the COVID-19 pandemic has decimated the world economy, and it could get a whole lot worse, so it may be smart to have some dry powder on the sidelines.Given the unprecedented monetary stimulus to combat this COVID-19 crisis, however, investors need to be...Read More
The raising comprises a $126 million placement at $2.52 per share, a 13% discount to Orocobre's Thursday closing price. The company will issue 50 million shares, representing 18.Read More
The South African gold and platinum group metals producer's small but unexpected ZAR50c/share (US2.95c/sh) interim dividend on 718% higher EBITDA of US$990 million than the same period in 2019, and robust free cash flow of US$655 million came six months early for some analysts."This is equivalent to 15% of normalised earnings and comes ahead of our expectations for a cash dividend reinstatement at...Read More
Company news EMEAGem Diamonds announces the recovery of a 442ct Type II white diamond from its Letseng mine in Lesotho amid a severely depressed diamond market.Eurasian Resources Group reveals its programme, Momentum-ON, helping the company's employees and their families during COVID-19 by encouraging young people to develop entrepreneurial skills.Ganfeng Lithium reports a difficult first ha...Read More
Stalking the grasslands and deserts of southern Africa, there's a killer on the prowl.It's a wild cat - the wildest of wild.It's not only the world's deadliest feline but this wild cat is also the single most successful solitary hunter on the planet. And its hunting success can actually teach us a lot about successful investing.I'm not talking about a lion or a tiger. This cat catches its prey fou...Read More
For over a century, the mines of Silver Valley in the Coeur d'Alene Mountains in northern Idaho have been a source of tremendous mineral wealth.From the mid-1880s, those mines have yielded almost 10 million tonnes of zinc, lead and silver.The region's most famous mine, Bunker Hill, was first discovered in 1885 by Noah Kellogg. (In 1894, the nearby Milo prospecting camp was renamed in his honour, e...Read More
Canada's Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government's reported move to grant a 20-year lease for the Porgera gold mine to a state-backed firm.The world's second-largest gold producer and its Chinese partner, Zijin Mining, are embroiled in a dispute with Prime Minister James Marape, who in April rejected their application for a lease exte...Read More
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is "uncertain" after 18 staff members tested positive for Covid-19 since June.According to the company, approximately 220 workers have been required to self-isolate for a two-week period at some point since the beginning of March."This has had an impact on material movement, which is key to accessing some of...Read More
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Cauchar?--Olaroz lithium project under development in Jujuy, Argentina.As part of the agreement, Ganfeng has subscribed for new shares of Minera Exar SA, the joint venture company that holds the Cauchari-Olaroz project, for cash consideration of US$16 m...Read More
Canada will have its first rare earth processing plant in operation by the end of 2022, as the province of Saskatchewan has committed $31 million to build a new facility to provide a domestic supply of the key ingredients for military weapons, electric vehicles and smartphones.The process of turning rare earth elements (REE) ore into individual products is done in two main stages. The first is the...Read More
OceanaGold has now forecast Haile's 2020 production to be in the range of 135,000-175,000oz at a site all-in sustaining cost of between $1100-1400/oz, with the wide output range a functionRead More
MTV's senior lenders, shareholders and unsecured creditors participated in finding a solution creating a path towards profitability and sustainability.Read More
I've heard plenty of people say that 2020 is a year to remember - but for many more, it's going to be a year to forget...The COVID-19 pandemic has already cost us thousands of lives, millions of jobs, and added trillions to our national debt. In a heated election year, politicians from every side are scrambling to figure out how to repair the damage that the virus has done to the United States.We'...Read More
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Read full newsRead More
Not for dissemination in the United States or through U.S. newswires Gatekeeper Announces $5 Million Financing at $1 per Unit...Read full newsRead More