Share this articleVANCOUER, B.C. - SSR Mining Inc. and Alacer Gold Corp. have signed a deal to merge operations.Under the all-stock deal, Alacer shareholders will receive 0.3246 SSR Mining shares for each Alacer share held. The exchange ratio implies a value of $8.19 per Alacer share, based on closing prices Friday.The combined company will continue as SSR Mining and be headquartered in Denver. SS...Read More
Elon Musk had a baby last week. And he named it X ?+ A-12...I feel like those words should be the opening to a story about Elon Musk inventing a new type of rocket engine or 200-mph passenger submarine. But, no. Elon Musk and his girlfriend, singer Grimes, had a literal baby and named it X ?+ A-12.As you can imagine, the unusual name sparked a flurry of online discussion and debate with social med...Read More
Executives at SSR Mining (TSX: SSRM; NASDAQ: SSRM) and Alacer Gold (TSX: ARR; ASX: AQG) started talking about a possible merger of the two companies in November 2019, and completed all of the site visits required and much of the due diligence to make a decision on a transaction before COVID-19-related travel restrictions put an end to international travel.The business combination the two companies...Read More
Is the Hardrock gold project, 275 km northeast of Thunder Bay in northern Ontario, a shovel-ready gem or a promising project in need of further technical work?Joint-venture partners Premier Gold Mines (TSX: PG; US-OTC: PIRGF) and Centerra Gold (TSX: CG) have painted two very different pictures of the development-stage project in a legal dispute that began late last year.In a statement of claim fil...Read More
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has secured up to US$150 million from streaming company Franco-Nevada (TSX: FNV; NYSE: FNV), which it will use to develop its Alpala copper-gold project.The Australian exploration company said the net smelter returns (NSR) agreement is for an initial US$100 million. Franco-Nevada, which provides companies with upfront cash in exchange for future produ...Read More
Production of so-called battery metals, such as graphite, lithium and cobalt, will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the World Bank said on Monday.According to the global lender, over 3 billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage required for transitioning...Read More
The Blind River refinery produces uranium trioxide which feeds into the hexafluoride conversion plant.Cameco said the "appropriate conditions" were currently in place to resume normal operations."The provinces and communities where we operate are certainly not out of the woods when it comes to this global pandemic, and we must remain vigilant in how we manage our activities during these challengin...Read More
I've been urging you for months to get positioned ahead of the herd and I've speculated that 2020 would see a surge in M&A, quality exploration, and the beginning of a new discovery cycle.The result of declining reserves, too many companies, and a gold bull market, that I believe will prove to be a historic one, has set off an influx of capital in the resource sector that will change the landscape...Read More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
This will be the third halving since Bitcoin's inception in January 2009 and from a price perspective, both of the previous events were very bullish for the cryptocurrency, triggering rises of 81 times and 30 times in the 18-month period after the 2012 and 2016 halvings respectively.Read full newsRead More
FIDELITY SELECT ADVISOR (R) GOLD FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata.Read full newsRead More
The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More
"$SAIL - SailPoint Technologies Holdings, Inc. (SAIL) CEO Mark McClain on Q1 2020 Results - Earnings Call Transcript. https://t.co/HZXgYMBAvP #stocks #investing #stockmarket"Read full newsRead More
In May, the stock market is on the upswing. Driven by aggressive monetary policy, investors have been piling back into equities. For investors who held on through the March stock market crash, it’s been a welcome development. Some, however, are saying it won’t last.In April, billionaire Paul Singer said in a letter to investors that he expected a 50% decline in stocks. Prior to this, h...Read More
Saracen Minerals' Carosue Dam project in Western Australia. (Image courtesy if Saracen Minerals). Australia-focused market analyst Resources Monitor issued a short report stating that the island country is bound to overtake China in 2021 as the world's largest gold producer.According to Resources Monitor, Australia's role as a cost-effective producer is giving it the advantage it needs to take th...Read More
Diavik diamond mine in Canada's Northwest Territories. (Image courtesy of Rio Tinto). Rio Tinto (ASX, LON, NYSE: RIO) announced this weekend that it is introducing covid-19 testing at its Diavik diamond mine in Canada.Although most miners at this point, including Rio Tinto itself, have implemented protocols to avoid the spread of the disease at their mine sites, in this particular case the measur...Read More
Aintech personnel spraying Aircop, copper-enhanced quaternary ammonium, at the headquarters of Chile's Ministry of Mines. (Image from Baldo Prokurica's Twitter profile). Chile's Mining Minister Baldo Prokurica ordered that the building that houses his office be disinfected using quaternary ammonium enhanced with copper nanoparticles. This, in an effort to avoid the spread of covid-19. Both on hi...Read More
Neodymium magnets. (Image by Nevit Dilmen, Wikimedia Commons). Researchers at Purdue University in the US have developed a new technology that promises to be a game-changer in the extraction of rare earths.The global market of rare earth metals has been valued at $4 billion per year but 70% of the production is concentrated in ChinaIn a paper published in the journal Green Chemistry, the scientis...Read More
The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More