Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
With the mill at Pure Gold Mining's (TSXV: PGM) PureGold mine in Red Lake ramped up to its 800 tonne-per-day nameplate capacity, the new producer is now focusing on fine-tuning its underground operations.First-quarter head grades came in below expectations due to overbreak dilution and limited scheduling flexibility from the temporary single-ramp access to the mine. With limited stope material, th...Read More
When Hudbay Minerals (TSX: HBM; NYSE: HBM) acquired Augusta Resources in September 2014 the key objective was to advance its Rosemont copper project, which if put into production will be one of the largest copper mines in the United States.But the acquisition also brought with it a package of patented mining claims on private land within 7 km of the open-pit project, which held about 20 small pick...Read More
A recent survey by Pauktuutit Inuit Women of Canada reveals that Inuit women in the mining industry experience a high level of sexual harassment at work.Of those surveyed by the organization, 55% reported experiencing some form of sexual harassment, ranging from unwanted sexual comments or jokes to "intense and varying forms of sexual violence and harassment on a recurring basis."In the aftermath...Read More
The international mining industry is in the early stages of the biggest collective boost it has received for almost 50 years. Arguably, the most recent equivalent was on August 15, 1971, when President Nixon declared that the price of gold would be allowed to float free.Although the U.S. Government did not finally remove the dollar's statutory link to gold until October 1976, the international adh...Read More
Novo Resources (TSX: NVO; US-OTC: NSRPF) has released a preliminary economic assessment for the company's 100%-owned Beatons Creek gold project near the town of Nullagine in the Pilbara region of Western Australia, about 296 km southeast of Port Headland and 1,364 km northeast of Perth.The early-stage study envisions an open-pit mine producing 100,000 oz. of gold annually over a six-year mine lif...Read More
The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam. The spot price for U3O8 moved above US$30 per pound for the first time this year as uranium producers and mine developers hoover up above-ground inventories and reactor construction continues apace.Two new research notes from BMO Capital Marke...Read More
Despite a dip in its value, there is no slowing gold down as investors’ preferred safe asset. Even with falling numbers of COVID-19 infections, news of adverse reactions to the vaccines of AstraZeneca and Moderna continue to fuel uncertainty. The transition of power in the US has also not gone smoothly and Biden’s administration is struggling with the aftershock of the pandemic. Many...Read More
Supply remainsRead full newsRead More
Elections herald a time of change in Latin AmericaRead full newsRead More
US$174B investment to power up sectorRead full newsRead More
China will ensure its crude steel output falls in 2021 and launch a nationwide investigation into the implementation of steel capacity cuts since 2016, industry regulators said on Thursday, as the country aims to meet goals to curb emissions.Read full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
Lately, bond yields have been throwing off growth investors. In fact, if bond yields continue to soar, growth stocks may severely underperform. Accordingly, it’s no surprise a rotation toward value stocks is happening today. Indeed, this situation appears to provide the perfect backdrop for investors to consider adding defensive plays into one’s investment portfolio today.In this conte...Read More
Despite the concerns over rising COVID-19 cases worldwide, Canadian equity markets continue to be strong, with the S&P/TSX Composite Index rising 8.9% this year. On Wednesday, Statistics Canada announced that Canada’s GDP grew 0.7% in January, while preliminary estimates for February were at 0.5%, representing the 10th straight month of economic expansion. Along with this announcement, B...Read More
Many avoid investing in stock markets mainly because of the volatility risk. However, this risk gets minimized when you are investing for the longer term. Here are three such TSX stocks that could outperform in volatile markets.CargojetCanada’s top air freight carrier Cargojet (TSX:CJT) recently announced a new agreement with e-commerce titan Amazon. Under the agreement, Cargojet will use Am...Read More
A high yield income stock flies under the radar because very few investors are familiar with the steel industry, particularly iron ore. Steel can’t be produced without pig iron, a main raw material. But you need iron ore to make pig iron. One of North America’s largest iron ore producers is the Iron Ore Company of Canada (IOC).If you want to venture into or gain exposure to this least-...Read More
Pretium Resources (TSX:PVG)(NYSE:PVG) acquires, explores, and develops precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. It holds 100% interests in the Brucejack located in northwestern British Columbia. The company was incorporated in 2010 and is headquartered in Vancouver.Valuable hidden assetThe Brucejack mine is comprised of four m...Read More
Two mass shootings in a week... America really must be feeling better.First some lunatic murders eight people across the Atlanta area, and then a second lunatic opens fire on a super market in Boulder, Colorado. These tragedies occur with such frequency I'd forgive you if you'd completely forgotten that in February, another crazed gunman attacked a health clinic in Buffalo, Minnesota, killing one...Read More