Impact investing has become a strong emergent trend over the last decade. It is a trend, however, that has largely avoided the mining industry, and the mining industry has largely avoided impact investors. Is the mining industry now ready for impact investors and should impact investors invest in the mining industry?Andrew Cheatle on assignment at Troilus Gold's project in Quebec. Credit: Andrew C...Read More
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has announced the results of a feasibility study on its 50%-held Arctic copper-zinc-lead-silver-gold project in northwestern Alaska's Ambler mining district.The study suggests a 10,000-tonne-per-day, 12-year open-pit operation, with a conventional mill and flotation process, producing copper, zinc and lead concentrates.The proposed operation would produce an...Read More
Canada's national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government's decision to review Teck Resources' (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain metallurgical coal project in B.C., saying the additional review is unnecessary as the project is already undergoing a rigorous provincial environmental review process, and accusing the gov...Read More
Gold miners operating in Mali said they are continuing to operate while monitoring a political crisis that shut the country's borders and hit share prices on Aug. 19.Malian President Ibrahim Boubacar Keita resigned after being detained by a military junta, prompting immediate international criticism, despite the group's pledge to shepherd a democratic transition.The coup capped weeks of protests d...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has cut its refined copper production target for fiscal 2020 due to delays in restarting a smelter at its Kennecott mine in Utah.The world's second-largest miner expects the facility to be running again in two months, which would result in 30,000 tonnes of lost production.Rio Tinto now expects full-year refined copper production for the group to be 135,000-175,000 t...Read More
Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP for exploration and development work at the Bateman gold project in the Red Lake district of Ontario.In addition, the proceeds may be used for working capital and repayment of the company's $14.2-millio...Read More
Chile's SQM (NYSE: SQM), the world's second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand for the metal used to power electric vehicle batteries and high-tech devices.The company said it's producing at record levels of 70,000 tonnes for the year, which has allowed it to build higher levels of inventory a...Read More
Most people know Nexus Gold (TSXV: NXS; US-OTC: NXXGF) from its portfolio of five gold projects in Burkina Faso, in particular its flagship near-surface Bouboulou orogenic gold deposit.But security risks in West Africa in recent years, including an attack last year on Semafo's Boungou mine in southeastern Burkina Faso that left 39 people dead and wounded 60 others, underscored the importance of...Read More
Warren Buffett's big move into gold certainly sent shockwaves across the sector.Rightfully so, not only because the roughly half-billion-dollar deal came alongside Berkshire Hathaway dumping bank stocks, but because of Buffett's well-documented disdain for gold as an investment.I can't blame him for wanting exposure to a major gold miner like Barrick Gold though. Money is money, and while gold mig...Read More
Tony Greer made a special appearance in the Real Vision Daily Briefing Tuesday, and as usual he delivers great tactical insight. Like INK, he believes we are in an inflation-driven market. If you have not watched the Daily Briefing for August 18th, it is well worth the 25 minutes.Looking to buy inflation-oriented assets on pullbacksIn the interview with Ash Bennington, Tony suggested that bond yi...Read More
According to the South Korean media, SK Innovation intends to further gradually maximize the nickel content in its next-generation lithium-ion batteries.Read full newsRead More
IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has closed the previously announced US$6 million private placement of an unsecured convertible debenture (the "Debenture") with Queen's Road Capital Investment Ltd. ("QRC") (TSXV: QRC).Craig Parry, IsoEnergy's Chief Executive Officer, commented: "It is with great pleasure that we welcome Queen's Road Capital as a stra...Read More
Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), announces that it has expanded its production of its DermSafe (R) Hand Sanitizer Lotion by completing the manufacturing of its first order in Canada at a contract manufacturer in Ontario that follows strict cGMP guidelines set by Health Canada.Additionally, the Company is pleased to announce that it is now working with...Read More
Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More
A growing distaste for the oil business among potential young employees, combined with the economic crisis of the pandemic, could make it harder to tackle competition from renewable energy and electric vehicles.Read full newsRead More
Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More
The index ended at 3,389.78 points, above the previous record close of 3,386.15 set on February 19, marking the end of the shortest bear market on the S&P 500, Reuters reported. Gold has risen back above US$2,000 an ounce, a benchmark breached last week for the first time. It was worth $2,002.50/oz at the time of writing. Gold stocks gaining in Toronto included Sabina Gold...Read More
Canada's TSX stock index edged higher on Tuesday, boosted by major and junior gold miners after prices of the yellow metal climbed further this week after a much needed healthy correction during last week’s Friday session. Gold process rose more than 1% on Tuesday and climbed back above the $2,000 level breached earlier this month. As a whole, the materials sector added 0.9% as gold f...Read More
The ongoing COVID-19 crisis has increased the stock market volatility worldwide. Earlier this year, most TSX stocks tanked sharply as investors started paying attention to how the pandemic could affect business fundamentals in the quarters to come. Many of the stocks — that witnessed a sell-off in the first half of 2020 — started recovering in July in hopes of better future growth pros...Read More
Warren Buffett shocked markets in recent days when his Berkshire Hathaway revealed a new position in Barrick Gold (TSX:ABX)(NYSE:GOLD) stock.Barrick Gold stock rallyThe news sent Barrick Gold’s share price soaring by more than 10%. It also lifted the stock prices of most major gold mining companies as well as the price of gold itself and that of ETFs focused on gold or gold mining stocks.The...Read More