The U.S. energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level of 2005's Hurricane Katrina and halting oil refining at plants along the Texas-Louisiana coast.Read full newsRead More
Comet Resources (ASX:CRL) is pleased to announce that it has executed a Share Purchase and Joint Venture Agreement with the shareholders of El Alamo Resources Limited for the 100% acquisition of the Santa Teresa Gold Project.Read full newsRead More
Noble Mineral Exploration Inc. (Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Getting long-term rates right is going to be critical for the rest of the year. Higher rates either due to increased Treasury supply or expectations of better economic growth should hurt long-duration assets such as Technology and Utilities sector stocks. I expect that gold could do well or poorly depending on whether rates are being driven by supply or economic growth. On Monday on Real Vision,...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Summer 2020 drilling program at the Hurricane zone has begun. Discovered in 2018 on the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization with intersections of up to 33.9% U3O8 over 8.5m. The Larocque East property is 100% owned by IsoEnergy and is...Read More
Gold mining can demolish Amazon rainforest in just a few days. New research finds that the impacted forest does not recover even 3-4 years after a mine is abandoned.Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that is has signed a definitive agreement to earn up to a 100% interest in a dominant land position in the historic Mogollon silver-gold mining district (the "Property") of southwestern New Mexico from Allegiant Gold Ltd ("Allegiant") (TSXV: AUAU). Key Mogollon Property Highli...Read More
Gold mining can demolish Amazon rainforest in just a few days. New research finds that the impacted forest does not recover even 3-4 years after a mine is abandoned.Read full newsRead More
The lift was said to be fuelled by optimism surrounding various COVID-19 treatments and hopes the virus wouldn't hamper growth.The big moves made by mining equities in Toronto yesterday were book-ended by Northern Dynasty Minerals' slump and RTG Mining's spike.Northern Dynasty (TSX: NDM), the company behind the proposed Pebble mine in Alaska, closed down more than 37% yesterday in the wake of what...Read More
Summer is still with us, but fall is just around the corner. Which stocks should Canadian investors be adding to their wish lists before the seasons change? Investors may wish to take full advantage of the situation to build a mini barbell of stocks. A balance of near-term gains in beaten-up names and longer-term safety stocks could suit a variety of investment types, as the economy navigates a st...Read More
The coronavirus hurt gold mining stock Agnico Eagle's production and drove up its costs. But cash flow is healthy and it should earn significant free cash flow in the second half.Agnico Eagle expects its quarterly gold production to return to Q4 2019 levels.Given the COVID-19 pandemic, Agnico's first quarter was challenging. Gold production and unit costs were negatively impacted in March as the c...Read More
Western Areas holds 19.9% of Panoramic and is watching to see if the North Savannah development hits milestones before potentially considering a "move forward" corporately.Read More
Revenue dipped 17.9% year-on-year to US$57.4 million in the six months to June 30, while net profit fell 45.9% to $4.6 million and the company suspended its dividend. Master Drilling said net operating cash generated rose 100%, though, to $11.1 million."The group entered the year facing a challenging operating environment and deteriorating economic fundamentals across many of the 23 countries in w...Read More
Back in March, the U.S. Congress printed up $2.2 trillion and gave it out to the voters. Single Americans got $1,200, married couples got $2,400, and parents would see $500 for each child under age 17.However, the payments phased out for individuals with adjusted gross incomes of more than $75,000, and those making more than $99,000 would not qualify at all. The government gave $300 billion in on...Read More
The rally in gold, which surged to a record high nearly two weeks ago, is beginning to lose steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal's appeal as a safe haven.Spot gold fell 0.6% to US$1,916.61 per oz. by 11:50 a.m. EDT on Aug. 25, while gold futures for December delivery declined 0.9% to $1,921.80 per oz. on the Comex in New York.At marke...Read More
The results of Trevali Mining's (TSX: TV; US-OTC: TREVF) prefeasibility study of an expansion of the Rosh Pinah zinc-lead-silver underground mine in Namibia to 1.3 million tonnes per year, up from 700,000 tonnes per year currently, shows the potential for increased production at lower operating costs starting in 2023.The proposed 11-year mine would produce an average of 132 million lb. payable zin...Read More
After completing a sale or investor solicitation process (SISP) under the Companies' Creditors Arrangement Act (CCAA), Nemaska Lithium has ultimately accepted a sale proposal, structured as a credit bid, from Orion Mine Finance (its largest secured creditor), Investissement Quebec and the Pallinghurst Group.As part of the bid, Nemaska would be reorganized into a new entity that would hold specific...Read More
This week's episode examines the fallout from Rio Tinto's blast scandal that destroyed two ancient caves of high archeological significance in Australia. The show presents the beginning of Rio Tinto's Q2 earnings call, where chief executive Jean-S?(C)bastien Jacques offers sympathy to the Puutu Kunti Kurrama and Pinikura (PKKP) people. Then we take a look at the transcript of Australia's parliamen...Read More
Vale (NYSE: VALE) has begun producing high-grade iron ore fines for pelletizing at its new 3-million-tonne-a-year grinding hub at China's Shulanghu Ore Transfer Terminal.The unit, a partnership with Ningbo Zhoushan Port Group, is generating a new product, known as GF88. The high-grade ground iron ore fine uses the company's flagship Caraj??s Fines as raw material and will partially feed growing de...Read More