Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold's long-term growth strategy by saying that in addition to developing its existing pipeline of projects, the company co...Read More
Chile's Codelco, the world's No. 1 copper producer, has dismissed reports of a predicted 40% drop in production over the next two years due to declining ore grades and the switch of its flagship Chuquicamata mine to underground from open pit.Instead, the miner says it is following a detailed plan that will allow it to keep copper output at current levels of around 1.7 million tonnes a year over th...Read More
A new report projects the cannabis market in the United States will reach $22.7 billion in sales by 2023. The estimates in the Brightfield Group report imply a compound annual...Read full newsRead More
This week’s Canadian mining news was dominated by the gold stocks, with junior gold miners in particular preparing for the arrival of the drilling season in the north. Aben Resources (TSX-V:ABN) announced details of its hotly awaited exploration programmes in both Yukon and the Golden Triangle. The junior gold miner plans to extend its drilling season by a month by initiating a 2000...Read More
This is big, really big. I can't say that it's a surprise that Glencore might want to partner with First Cobalt Corp. (TSX-V: FCC) / (QTCQX: FTSSF), but it would be by far the best possible outcome for management's strategic review of its 100%-owned refinery in Ontario. Shareholders & prospective investors were understandably growing nervous about First Cobalt's ability to deliver the restart fund...Read More
After peaking at a record high of over US$1,600 an ounce in late March, 2019 precious metal palladium has come off the boil, losing almost 18%. This has impacted palladium miners, with Canada's largest North American Palladium (TSX:PDL) losing 4.5% over the last year.Improving outlook for palladiumThe decline in the value of palladium has gone against many analysts' forecasts, where it was predict...Read More
If you’re invested in precious metals or mining stocks, you’ll want to pay attention.Sandstorm Gold (TSX:SSL)(NYSE:SAND) is a metals streaming company. That means it provides financing to mining companies so that they can get their projects into production.In exchange for the upfront financing, Sandstorm secures a certain percentage of the output at a fixed (often very discounted) pri...Read More
Elon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a "good chance" of exceeding Q4's record deliveries and the production of the Model 3 is close to 1,000 per week.Regardless of the veracity of the production numbers, the new orders and Q2 deliveries assertions are lik...Read More
The company, which is chaired by former St Barbara boss Tim Lehany, launched a A$16.3 million capital raising at the start of this month to progress its Goschen zircon and rare earths project in Victoria towards production.Last week it reported increased interest in the offer due to the US-China trade war."Since our last capital raise in March 2019, the market has become more savvy, and we're seei...Read More
The U.S. economy has seen one of the greatest periods of growth ever under the Trump administration.But the ride might be coming to an end soon.Last month, the U.S. Commerce Department revised fourth quarter GDP growth down from 2.6% to 2.2%. The change stems from weakness in consumer spending, investment, and housing - all of which came in lower than initially thought.Economists are saying a lag...Read More
Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) is focused on the exploration and development of copper properties in Canada and the United States. At PDAC 2019, we learned from Elmer Stewart, President and CEO of Copper Fox, that they have four copper projects and a significant investment in a publically traded company that spans the copper space from early stage exploration to very advanced...Read More
They won't start final construction in Morocco until August, but the Mines Solar Decathlon team isn't waiting to get building. The eco-friendly model home's wet wall - the interior wall that contains all the plumbing for the bathroom and kitchen - as well as the power storage and HVAC systems are being assembled and tested here on the Mines campus. By mid-June, they'll all be packed inside a ship...Read More
Western Pakistan is a fascinating place. It's remote, arid, tribal, and these days, a Taliban stronghold - not the friendliest of spots for westerners planning on coming home still attached to their heads. It was slightly safer when I was there in 1997, although it still had its moments.As a government-sanctioned traveller carrying out mining-related business, I was allowed to go pretty much anywh...Read More
With its vast mineral potential and pro-mining business environment, South America has long been a home away from home for North American-listed mineral explorers, developers and miners. Here is a look at eight such companies that are active at gold projects and mines.AURANIA RESOURCESToronto-based Aurania Resources (TSXV: ARU; US-OTC: AUIAF) is exploring for gold at its Lost Cities project in sou...Read More
"We think Anglo has the most growth, potential profitability enhancements from technology and innovation, the best commodity diversification, rising cash return potential and it trades on anRead More
Earlier this month, San Francisco banned local government agencies from using facial recognition technology.And you know what?I applaud them for it.I don't agree with it, personally.Quite the opposite, actually. I believe facial recognition technology will ultimately benefit society and make all of us a lot safer.I also think it's a tremendous investment opportunity that will deliver fortunes dire...Read More
Speaking at the Austmine 2019 conference in Brisbane, Australia, Epiroc senior executive VP mining and infrastructure Helen Hedblom said the mining industry generally had made great strides improvingRead More
"Guyana Goldstrike Inc. ( $GYA.V / $GYNAF ) is exploring and developing the advanced-stage Marudi gold project in Guyana, South America.https://t.co/ci16bTCXXz #gold #guyana #stocks #investing"Read full newsRead More
"How Investors Can Profit from a Short Position. Read on to learn what this investment strategy is all about and how investors can use it to their advantage. https://t.co/rDX3taEjQl #shortposition #investing #investmentstrategy"Read full newsRead More
"$SQM - Sociedad Qu?-mica y Minera de Chile S.A.'s (SQM) CEO Ricardo Ramos on Q1 2019 Results - Earnings Call Transcript https://t.co/1HSsxD6Hen"Read full newsRead More