(Kitco News) - Jaguar Mining Inc. (TSX: JAG) mined the most gold in the first quarter since the fourth quarter of 2017, the company said Monday.Re...Read full newsRead More
A big debate is raging in markets right now. Will it be debt deflation, the D-economy, or government-led inflation, the G-economy? We revisit the question in our latest Insights drawing on last Friday's Real Vision episode When the Whole Daisy Chain Unwinds.James Aiken and Raoul PalINK CEO Ted Dixon also tackles the D vs G issue in the featured clip of the week where he also reveals a way to save...Read More
Halifax, Nova Scotia- April 13, 2020 - Sona Nanotech Inc. (CSE: SONA) (OTC PINK: SNANF) (the "Company") is pleased to provide an update on the development, manufacturing arrangements and pre-orders for its Covid-19 antigen test. The Company this past week has:Progressed from feasibility and prototype testing to the optimization stage for its Covid-19 antigen rapid response test;Commenced work wi...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces it has won an initial $600k contract for its rugged Push-to-Talk (PTT) devices to supply hospitals, healthcare workers and ambulances to help manage the battle against COVID-19.The Siyata devices are running third party Command & Control software which allows medical units to speak to entire...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index surged an impressive 111.89 points or 15.2% to close at 843.25. With last week's gain, the Index has rebounded 38.5% off its March lows.MACD shot up 11 points to close at 32.68. RSI rose 14.38 points to 50.71.Support is at 750 and (20-day moving a...Read More
Okechukwu Nnodim, AbujaThe construction of Nigeria's only large-scale commercial gold mine has begun in Osun State and the facility will start producing gold in 2021.According to the Federal Mi...Read full newsRead More
Metals investors take heed. Lithium, copper, and cobalt all have their fans. But there could be another source of metals upside on the way, from a source that has long been in the doldrums: uranium. Today we’re going to talk about Cameco (TSX:CCO)(NYSE:CCJ), and why it’s suddenly a buy.Uranium prices are looking set to rise in 2020Nuclear power has its headwinds. But the sector could b...Read More
Cigar Lake is the world's second largest high-grade uranium deposit, producing 18 million lb of uranium annually. Credit: Cameco Uranium mining major Cameco (TSX: CCO; NYSE: CCJ) is extending the temporary production suspension at its Cigar Lake mine in northern Saskatchewan as the effects of the global covid-19 pandemic persist, the company announced on Monday.In late March, Cameco placed the Ci...Read More
The April edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Jim Williams, Robert Pell (Founder), Xiaoyu Yan (UoE Academic Advisor), Nick Russill Image from the University of Exeter. Minviro, a spin-out company focused on environmental sustainability in the mining space and founded by experts from the University of Exeter, has secured investment to help develop the business. Founded by Robert Pell, who completed his doctorate at University of Exeter's Camb...Read More
East Cadillac gold project in Quebec. Photo by Chalice Gold Mines. O3 Mining has released drill results from four zones at its East Cadillac property, 40 km east of Val d'Or in Quebec. The drilling targeted new areas of mineralization within two gold-bearing corridors at the property: the northern and southern corridors, which are splays off of the easternmost section of the regional Cadillac La...Read More
The company's operations are in Minas Gerais, Brazil. Image by Jaguar Mining. Jaguar Mining (TSX: JAG) announced on Monday that it had its best production quarter in Q1 2020 since the end of 2017. The company reported consolidated production of 21,008 ounces of gold compared to 16,365 ounces in Q1 2019, an increase of 28%, in a fourth consecutive quarter of sustainable production.The Pilar gold...Read More
Share this articleYELLOWKNIFE - Northern miners say the federal government's wage subsidy program to get the country through the COVID-19 pandemic leaves them out in the cold.Tom Hoefer of the Northwest Territories and Nunavut Chamber of Mines says the program doesn't work for the mining industry.He says miners have been flying local workers home to their remote communities and using chartered pla...Read More
Today is Monday, April 13, 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 $1,732.95. It's up 1.05% from yesterday and up 34.30...Read More
Today is Monday, April 13, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Matrix Service Company (NASDAQ: MTRX), Texas Pacific Land Trust (NYSE: TPL), and National Oilwell Varco (NYSE: NOV).Matrix Service Company (NASDAQ: MTRX)Matrix Service Company (NASDAQ: MTRX) is a $251.3 million company today with a one-year return of -48.11%. Let's look at its pr...Read More
The price of gold is flying high as the coronavirus pandemic threatens to plunge the world into an economic depression. The World Economic Forum wrote this morning:A third of the world population is under some sort of "lockdown." Over 200 countries are affected, and the number of new cases and deaths in many places are still growing exponentially. All the while, a second crisis, in the form of an...Read More
Management at Alamos Gold's (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company's wholly owned Mulatos gold mine in Mexico was robbed last week.A group of five heavily-armed robbers made off with an undisclosed amount of gold in a small aircraft that landed on an airstrip owned by the company near the heap-leach mine in Sonora state."We are fully insured on the stolen dor...Read More
O3 Mining (TSXV: OIII) has released drill results from four zones at its East Cadillac property, 40 km east of Val d'Or, Quebec. The drilling targeted new areas of mineralization within two gold-bearing corridors at the property: the northern and southern corridors, which are splays off of the easternmost section of the regional Cadillac Larder Lake Fault (CLLF).Drill highlights include 7 metres o...Read More
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%.Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous estimate of 5.0% in February, and predicted GDP in the U.S. will fall 1.3% this year and drop 2% in the Eurozone.In the metals and mining space, S&P Market Intelligence believes the pandemic will lead to a 29% drop in exploration budg...Read More
Bank of America Securities estimates global demand for aluminium will fall by 7.2% year-on-year in 2020 while supply will likely increase by 2%.Prices for the metal already have plunged by 19% so far this year, the bank warned, and "the combination of outright production increases and falling consumption is not sustainable in our view."COVID-19 "has severely impacted global activity," BofA Securit...Read More