"$MXL - MaxLinear, Inc. (MXL) CEO Dr. Kishore Seendripu on Q4 2019 Results - Earnings Call Transcript. https://t.co/xaXqn9x0r4 #stockmarket #finance #investing"Read full newsRead More
Source: GoGold GoGold Resources has announced an upsized bought deal of C$25 million, from C$15 million previously, co-led by Sprott Capital Partners and PI Financial. The offering is for 35.7 million units, each composed of one common share and one-half of a warrant.Proceeds are intended for exploration at the Los Ricos project in Jalisco state as well as for corporate purposes. Closing is expec...Read More
Frontier Lithium's PAK project in northwestern Ontario. Credit: Frontier Lithium Fourteen months after its discovery, Frontier Lithium has released a maiden resource for its Spark deposit, part of its PAK lithium project in northwestern Ontario.The pegmatite deposit contains 3.3 million indicated tonnes grading 1.59% Li2O and 12.2 million inferred tonnes grading 1.36% Li2O. The estimate used a cu...Read More
A drill site at Ascot Resources' Premier project. Credit: Ascot Resources Ascot Resources has announced a non-brokered private placement of up to 7.8 million common shares and 5.1 million flow-through shares for gross proceeds of C$10 million.The net proceeds of the offering will be used to fund the company's exploration efforts this year, advance permitting and engineering and for economic studi...Read More
Pre-feasibility study results released for South Star Mining's wholly-owned 130-sq.-km Santa Cruz project suggests a two-phase approach for development of the graphite asset in southern Bahia. The associated project net present value estimate, at a 5% discount rate, stands at $81.2 million with a projected 35% internal rate of return."We have now submitted all the required permitting and licensing...Read More
Indigenous people march on the Brazil capital. Photo: Pinterest Brazilian President Jair Bolsonaro unveiled a controversial bill on Wednesday that would allow commercial mining on protected indigenous lands, delivering on a campaign promise that has shocked tribal leaders and environmentalists.The bill to regulate mining including oil and gas projects, as well as hydroelectric dams, on indigenous...Read More
Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla.Tesla's stock value has doubled since December, and the company is now worth more than Detroit's big three automakers - GM, Ford and Fiat Chrysler - combined. Only Toyota surpasses Tesla's market cap of US$161 billion reached on Tuesday.Shares in US-based Li...Read More
Gold stocks can play an important role in investors’ portfolios, especially as we quickly approach the peak in our economic cycle.The economy has been booming for over a decade, apart from a slight technical recession in the middle of the decade brought on by the collapse in the price of oil.Other than the few quarters of negative growth in the middle of the decade, the Canadian economy has...Read More
Gold has long been a safe haven for investors in times of volatility – which is why the price of gold has soared to multi-year highs. The S&P/TSX Global Gold Index is up 39.23% over the past year and has outperformed the market during the recent volatility caused by the coronavirus.Last week, the S&P/TSX Composite Index lost 1.41% of its value amid virus fears, whereas the Gold Index...Read More
The previous decade was remarkable for investors. By 2019, the stock markets were trading at all-time highs, and things have never been better. With such fantastic performances all around, there was a lot of talk of the economy hitting another recession.While we did not see the recession hit markets in 2019, analysts are pegging 2020 to be the year it happens. If concerns regarding the global econ...Read More
Visible gold from Eastern Gold Zone mineralization at Perron Credit: Amex Exploration Amex Exploration has released the results of 15 drill holes completed on the Grey Cat and Gratien zones at its 45-sq.-km Perron gold property in Quebec's Abitibi region. These results expand the near-surface strike length of Grey Cat and further define the multiple stacked lenses which make up the Gratien system...Read More
You can buy stocks that pay dividends in your TFSA. The big plus is that you’ll never have to pay taxes on the dividends you receive. Stocks that have a high dividend yield are great to own if you’d like to receive regular income. Some stocks on the TSX are looking cheap and pay a high yield. Laurentian Bank of Canada (TSX:LB), Acadian Timber (TSX:ADN), and Russel Metals (TSX:RUS) are...Read More
Markets are certainly going for a wild ride. With global indices down 2% and up 2% the next, it certainly feels like we’re in for a wild ride over the next while. With all the negative possibilities out there, it makes it difficult to invest in the near term.The biggest issue is the absolutely ridiculous amount of debt sitting on personal, corporate, and government balance sheets. It b...Read More
DeLamar gold and silver project in southwestern Idaho. Source: Integra Resources Corp. Integra Resources continues to expand higher-grade resource targets at its DeLamar project in Idaho through drilling and soil sampling.Drill highlights from the War Eagle target include:3.05 metres of 5.99 g/t gold-equivalent;3.05 metres of 3.07 g/t gold-equivalent; and1.83 metres of 3.42 g/t gold-equivalent.Th...Read More
Downward spiral. Worker repairing machinery in Tangshan, Hebei Province, China. Image: junrong The copper price continued to recover on Thursday as investors bet on a quick bounce back in economic activity in China once the viral outbreak is brought under control.After bottoming on Monday below $2.50 a pound, the lowest since May 2017, copper has rebounded by more than 5% to trade as high as $2....Read More
Rare earth minerals are used in everything from consumer electronics to military equipment such as jet engines, missile guidance systems satellites and lasers. The US Geological Survey (USGS) announced Thursday that US mines produced approximately $86.3 billion in minerals in 2019 -- more than $2 billion higher than revised 2018 production totals. US metal mine production in 2019 was estimated...Read More
Image from IAMGOLD. IAMGOLD (NYSE: IAG, TSX: IMG) has announced an updated mineral resource estimate for its 100% owned Pitangui Project in Minas Gerais State, Brazil. The estimate, based on an underground mining scenario, comprises an indicated resource of 3.33 million tonnes grading 4.39 grams per tonne gold for 0.47 million contained ounces and an inferred resource of 3.56 million tonnes gra...Read More
Geopolitical tensions and market uncertainty combined with the coronavirus outbreak led to a 5% increase in the gold price in January to seven-year highs of US$1,584/oz and continues to make all-time highs in many global currencies, while assets under management (AUM) grew 8% in US dollar terms during the month.Gold represented one of the best performing broader asset classes in January (plus 4.6%...Read More
It said the diamond was recovered from the EM/PK(S) unit of the South Lobe, which had recently delivered a gem-quality 176ct stone and other high-value diamonds including the 1,758ct Sewelô.Read More
"We are starting to reap the seeds we sowed 15 years ago when we [the team Jaramillo assembled under governor Anibal Gaviria during his previous term as governor] were here," he told Mining JournalRead More