Western Copper and Gold Corporation announces that it has filed aRead full newsRead More
Victory Resources Corporation (CSEVR)(FWB:VR61)(OTC PINK:VRCFF) is pleased to announce that the Company is developing a work program for its current Mal-Wen copper project in British Columbia, and actively seeking new properties in the gold, silver and precious metals sector.Read full newsRead More
Some Canadian stocks are poised to be relative winners if inflation expectations keep rising and insiders can help guide us towards opportunity. That is the key theme in this week's Insights free newsletter.The swoosh-shaped inflation expectations recovery continues We also look at a potential way for institutions and financial advisors to participate in the junior mining bull market. Click here...Read More
KENORA - The Ontario government is providing more than $1 million to support the technology sector, create jobs and help boost the digital economy in the North. Funding is being delivered to eight companies through the Northern Ontario Heritage Fund Corporation (NOHFC)."As we focus on economic recovery, our government is proud to make targeted investments in growing sectors and businesses here in...Read More
U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.Read full newsRead More
These predictions may have sounded wildly bullish when they were first made, but that's changing with gold holding above US$2,000.Read full newsRead More
Thanks to U.S. dollar's weakness, the Fed's holding of interest rates at an all-time low and discouraging private sector job additions amid the pandemic, the appeal for gold has increased.Read full newsRead More
Halifax, Nova Scotia - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company"), a developer of rapid, point-of-care diagnostic tests, announces that its previously announced clinical, in-field evaluation studies for its rapid detection, COVID-19 antigen test that commenced in July continue and are now expected to return their full results within two weeks. The delays have...Read More
Russia has continued increasing fuel exports to the United States, raising them by 16% in July from June, to 1.078 million tonnes, replacing crude oil supplies from Venezuela, Refinitiv Eikon and traders' data showed on Thursday.Read full newsRead More
As the price of physical gold continues to scale fresh high with each passing day, shares of Kinross Gold (TSX:K)(NYSE:KGC) have more than tripled from its 52-week low of $4. The fear of recession continues to drive demand for the shiny yellow metal, in turn, pushing the shares of gold mining companies higher.Higher jobless claims, rising coronavirus cases, and weak economic data suggest that the...Read More
Last week was a packed one for companies reporting their Q2 earnings. And the main takeaway was that 2020’s second quarter was extremely lean in terms of both consumer and industrial demand. With more pain on the way, investors are seeking stocks that beat the market.Thankfully, some names have massively outperformed the TSX in the last 12 months. The best names range across such areas as go...Read More
The US stock-market action last quarter was dumbfounding. Big US stocks rocketed higher despite this global pandemic ravaging the US economy, which collapsed by a third in annualized terms! That makes understanding their fundamentals more important than ever. The winding-down Q2'20 earnings season reveals whether those massive stock-price gains were actually justified by underlying corporate...Read More
The Golden Highway project, 110 km east of Timmins, Ontario. (Credit: Moneta Porcupine) The most recent five drill holes (and one re-drill hole) reported from Moneta Porcupine's Golden Highway project, 110 km east of Timmins, extend the mineralization at the 55 deposit by up to 250 metres west and 150 metres east of the current resource boundaries.Drill highlights include 9 metres of 2.2 g/t go...Read More
The Santander mine is located approximately 215 km northeast of Lima. (Image courtesy of Trevali Mining.) Trevali (TSX: TV) is accelerating its business improvement program targeting the overall reduction in all-in sustaining costs (AISC) to $0.90/lb by 2021, a year earlier than originally planned. Of the original target of $50 million in annualized sustainable efficiencies, the program is fo...Read More
Over the past decade, the development of the Pebble mine has come under intense scrutiny in Alaska due to its potential environmental impact. (Credit: Wikimedia Commons/AlaskaTrekker) Northern Dynasty Minerals' (TSX: NDM) US-based subsidiary Pebble Limited Partnership is welcoming a pending White House review of its controversial copper-gold project and the Final Environmental Impact Statement (E...Read More
Stock image. Management appointments announced this week include:Carmen Amezquita has been named CFO of Amerigo Resources.Barrick Gold has announced appointments to its exploration team: Aoife McGrath has been named VP of exploration for Africa and Middle East and Leandro Sastre is now VP of exploration for Latin America and Asia Pacific.Anthony Paterson has been appointed CEO and preside...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:- Glencore posts $2.6 billion loss, scraps dividend - Read more- Gold price breaks new record - Read more- Barrick, Skeena reach final deal on Eskay Creek project - Read more- Peabody biggest loss follows writedown of top US coal mine - Read moreClick here for last week's rou...Read More
The company has received commitments from undisclosed investors for $50 million in new shares priced at 24c each, with a share purchase plan to be initiated for another $5 million.Read More
Week 30 (31/07/2020-06/08/2020) Company news Americas Cameco plans to restart the Cigar Lake uranium mine in northern Saskatchewan in September.Read More
It was a perfect summer day - 80 degrees, mostly sunny, and a light breeze blowing across the water.Baltimore's Inner Harbor should have been bustling with tourists and employees of local businesses. Joggers and bikers should have been crowding the sidewalks. Panhandlers should have been asking me for money. Car horns should have been blaring in the distance. And there should have been guys on the...Read More