Northwest British Columbia. Stock image. The mining industry is fraught with capital cost overruns. A quick internet search will turn up many examples. The results quickly high-light that as many as two-thirds of mining projects see cost overruns. Moreover, the researcher can see that it is a decades-long problem. That is, the industry doesn't seem to be getting better at their cost...Read More
It's clear now the coronavirus will leave many permanent effects on society and be remembered for generations.Like 9/11 or the financial crisis of 2008, we will tell future generations about a time before coronavirus ("B.C.") and compare it to the new social order.Many have already begun speculating about what a post-lockdown world will look like. Speaking on a Wall Street Journal podcast, the Dir...Read More
A new means of exploiting previously overlooked zones of gold mineralization may prove to be the type of disruptive technology needed once the global COVID-19 pandemic is over.Called sustainable mining by drilling (SMD), it uses a unique, surface-based drilling system to get at narrow vein deposits that have been considered uneconomic using existing mining techniques.SMD's creators believe the tec...Read More
Russia's space agency Roscosmos has condemned U.S. President Donald Trump's order that encourages citizens to mine the moon and other celestial bodies with commercial purposes.The government body likened the policy to colonialism and said it "hardly sets the countries to fruitful cooperation.""There have already been examples in history when one country decided to start seizing territories in its...Read More
I'm old enough to remember the last economic crisis America suffered.In 2008, I'd just broken into the business as a financial writer and had a front-row seat to the meltdown. Day in and day out, I reported and analyzed all of the moving parts...The subprime loans and bad mortgages, the sovereign debt and collateralized debt obligations, car companies that overextended themselves, the banks that...Read More
By: Ira EpsteinGold daily chart shows the massive move from $1450-1740's within a 5 week period, wow!Read More
- An interview with 1933 Industries' heads of cultivationRyan and Jennie George know how to cultivate craft cannabis. They have been perfecting their skills since 2008 when they established a small grow in their home state of Arizona, eventually building a 5,000 sq. ft. operation. "We spent several years learning the complexities of cultivating craft cannabis. It was important for us to learn th...Read More
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Amid the current coronavirus crisis, could these 3 ASX gold shares be a good long-term buy? The post Can ASX 200 gold shares boost your returns amid the coronavirus crisis? appeared first on Motley Fool Australia.Read full newsRead More
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"NexTech (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) Earns Record-Breaking #Revenue & Gross #Profit for March [https://t.co/CpfJQqFnEC]#investing #stocks #stockmarket #trading #investors #news #investing #business #covid19 #coronavirus #VR #AI #virtualreality #augmentedreality"Read full newsRead More
In its latest unprecedented economic bailout program, the Fed on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economyRead full newsRead More
Australia-based miner MMG Ltd has declared force majeure on copper concentrate supplies from its Las Bambas mine in Peru, four sources told Reuters on Thursday.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") announces a significant increase in revenue-generating work orders for retail connections from its channel partners. As a result, the Company has a clear path to improved profitability, as work orders convert to revenue-generating integrations with retailers Amazon.com, Inc. (NASDAQ: AMZN), Mercado Libre (NASD...Read More
Real Vision's Daily Briefing is now available on INK Ultra Money Free. Daily episodes are released between the New York close and Asia market open Monday to Friday (except holidays). You will hear from a wide range of Real Vision journalists who provide updates on both the coronavirus situation globally and the current state of markets. The format provides a valuable, down-to-earth assessment of...Read More
Amid the current coronavirus crisis, could these 3 ASX gold shares be a good long-term buy? The post Can ASX 200 gold shares boost your returns amid the coronavirus crisis? appeared first on Motley Fool Australia.Read full newsRead More
US president Donald Trump has indicated the country would be opened up again "sooner rather than later"."Our economy will BOOM, perhaps like never before!!!" he tweeted earlier.The S&P 500 closed up 3.4%, London's FTSE 100 lost 0.47% and Japan's Nikkei 225 gained 2.13% after the government approved a stimulus package this week worth almost US$1 trillion.There are now more than 1.35 million con...Read More
Coal-fired power plant in China. (Image source: Adobe Stock) Global coal production is expected to grow only marginally in 2020, from 8.13 billion tonnes in 2019 to 8.17 billion tonnes in 2020, a growth of only 0.5% after three consecutive yearly increases, due to the disruptions caused by the coronavirus pandemic, says GlobalData.According to the analytics company, disruption has been most signi...Read More
2017 Dixie Lake drilling in Ontario's Red Lake District - Image courtesy of Great Bear Resources. Great Bear Resources has released a new batch of drill results from the ongoing C$21-million drill program at its Dixie project in northern Ontario. The assays continue to return good gold grades and show good continuity of mineralization at the LP Fault target on drill spacing of 25 to 100 metre ce...Read More
Truck maintenance at Detour Lake. Image from Kirkland Lake Gold. In the first quarter of this year, Kirkland Lake Gold produced 330,864 oz. of gold, an 18% increase from 279,742 oz. generated in the prior quarter, largely driven by a contribution from the Detour open pit in Ontario, following closing of company's acquisition of Detour Gold at the end of January.The Detour mine contributed 91,...Read More