The First Environmental Court said it would process the lawsuit filed by the State Defense Council (CDE), which accuses Minera Escondida of causing "continuous, cumulative, permanent and irreparable environmental damage to the Punta Negra salt flat".The CDE case is based on seven aspects, according to the court, namely: a severe decrease in the levels of the salar aquifer, which compromises its re...Read More
Share this articleTORONTO - Barrick Gold says it's on track to achieve its production guidance for this year despite the impact of the COVID-19 pandemic.The disclosure by Barrick that it is well positioned to meet its full-year targets comes as businesses around the world adjust to a dramatic pullback in activity amid widespread preventative health measures.The gold miner says it produced 1.25 mi...Read More
Today is Thursday, April 16, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,730.50. It's up 0.81% from yesterday and up 35....Read More
Today is Thursday, April 16, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Equitrans Midstream Corporation (NYSE: ETRN), Montage Resources Corporation (NYSE: MR), and Exterran Corporation (NYSE: EXTN).Equitrans Midstream Corporation (NYSE: ETRN)Equitrans Midstream Corporation (NYSE: ETRN) is a $1.557 billion company today with a one-year return of -69...Read More
There are no two ways about it ...A recession is well on its way, and there's nothing anyone can do now to stop it.Bailout checks, Federal Reserve Hail Marys and bureaucratic buffoonery will be the equivalent of putting a piece of gum on the crack of a failing dam.It sucks.Make no mistake, the falsified data from China, the WHO's glaring incompetence, lack of preparation from Washington, and conti...Read More
For a junior exploration company with a market capitalization of $3 million, the prospect of acquiring a gold project with a past producing mine in the U.S., where Rio Tinto (NYSE: RIO; LSE: RIO) may spend up to US$30 million to earn a 70% stake, sounds almost too good to be true.But that's exactly what American Pacific Mining (CNSX: USGD; US-OTC: USGDF) pulled off this week in an all-share deal w...Read More
First Nations in Quebec and Labrador have raised concerns about the reopening of mining operations in Quebec, fearing that movement in and out of fly-in/fly-out camps will increase transmission of the novel coronavirus into their communities.In a statement, Assembly of First Nations Quebec-Labrador (AFNQL) Chief Ghislain Picard noted that many mines in the province are located on First Nations ter...Read More
A Chilean environmental court will look into the State Defence Council's (CDE) allegations that the Escondida copper mine, the world's largest, has caused "irreparable damage" to the Punta Negra salt flat, in the northern Antofagasta region.In the lawsuit filed against the mine, majority-owned by BHP (NYSE: BHP; LSE: BHP), the government agency claims Escondida generated, between 1990 and 2017, "c...Read More
Solstice Gold (TSXV: SGC) has completed a new technical report on its Kahuna gold project, located 26 km northeast of Rankin Inlet and 15 km from Agnico Eagle Mines' (TSX: AEM; NYSE: AEM) Meliadine gold mine in the Kivalliq region of eastern Nunavut."The updated technical report validates our exploration strategy and modelling for Kahuna, and confirms it as an attractive, early-stage exploration p...Read More
Global Atomic (TSX: GLO; US-OTC: GLATF) has completed a preliminary economic assessment (PEA) for the first phase of a larger underground mine at its Dasa uranium deposit in the Republic of Niger.During the first phase, the operation would operate for 12 years and mineralization would be extracted from the high-grade Flank zone."Our development plan is a low capex route into production that uses c...Read More
Have you heard the one about the atheist in the coffin?"He's all dressed up with nowhere to go."That's exactly how I felt when I filled up my Jeep this week for an astounding $1.66 a gallon.Normally, I would have been thrilled - Jeeps aren't known for being the most fuel-efficient cars around and my daily commute to work costs me a pretty penny in a normal week. But my giddiness quickly turned to...Read More
By Ira EpsteinRead More
The stock market has been acting as though truckloads of oral vaccine will show up on supermarket shelves by the weekend. Of course, we know better than to attribute the robust uptrend of the last two weeks to careful or even rational calculation. The market after all is not a thinking creature, just a dumb beast that has been annoyed by a swarm of flies, or excited by pheromones washing over th...Read More
Insignia Consultants New DelhiWednesday, April 15, 2020TIME 7:27 AM IST -------------------------------------------------------------------------------------------------------------------...Read More
"Global Gold Mining Market 2020 Industry Analysis by Manufacturers, Type, Application, End-User and Forecast by 2026 https://t.co/D9NsydhzPB"Read full newsRead More
The project will nearly double renewables production.Read full newsRead More
".@bulldogholmes of @USFunds shares what barometer he uses to evaluate companies today - plus #gold stocks he thinks have an advantage. https://t.co/kailUmFhnT #investing #COVID19 #coronavirus"Read full newsRead More
""With the safety measures we have put in place at all our sites, we are confident that we can adapt our business and continue to create long-term value for our stakeholders."??"^?oe...See these tickers:$NLR $RYO $AUX $VSR $SSE $CBI $SMN $CCW#MomentumStockshttps://t.co/opyTRaMvCd"Read full newsRead More
THE price of uranium has been on the increase in the past two weeks owing to the potential disruption to supply which is divided between a handful of major companies. "Demand for uranium is very distributed - there are 442 reactors across the globe - but the supply side is very, very concentrated," Andre Liebenberg, ...Read full newsRead More
Today on INK Ultra Money it is all about mining. For those following the uranium space, today Real Vision has a must watch interview with Arthur Hyde, partner and co-portfolio manager at Segra Capital Management. Already, between the time of filming and release of the video, one of Hyde's predictions has already happened. Meanwhile, INK takes a look at Taseko Mines (TKO) which has continued opera...Read More