Calgary-based lithium developer E3 Metals (TSXV: ETMC; US-OTC: EEMMF) announced the discovery of a new lithium enriched aquifer in south-central Alberta. The lithium enrichment was discovered in the Nisku aquifer, and the company says sampled lithium grades ranged up to 75 milligrams per litre (mg/L).The Nisku is laterally extensive across the company's permit area and is located just above anoth...Read More
BHP (NYSE: BHP; LSE: BHP) has frozen the salaries of its key executives for the coming financial year, while paying chief executive officer Mike Henry US$6.1 million for the first six months on the job.In its remuneration policy section of its annual report, the world's largest miner said that Henry, who replaced former boss Andrew Mackenzie in January, owed most of its salary to short- and long-t...Read More
Fourteen, or nearly half, of the Toronto Stock Exchange's 30 top performers on the TSX30 2020 ranking are mining companies, TMX Group reported on Tuesday.The ranking showcases TSX's 30 top-performing stocks that represent sustained excellence over the long-term. Founded in 2019, the TSX30 ranks stocks based on dividend-adjusted share price appreciation over a three-year period.Mining companies in...Read More
Following last month's announcement by the Government of Saskatchewan to build a $31 million domestic rare earths processing facility, Appia Energy (CNSX: API; US-OTC: APAAF) has released the results of assays taken from its wholly owned Alces Lake REEs project in Saskatchewan. The 143 sq. km property is situated 30 km east of Uranium City in the Athabasca Basin of northwestern Saskatchewan.Speaki...Read More
Appian Capital Advisory's Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of the largest open-pit nickel sulphide mines in the world, was acquired by the private equity firm from Mirabela Nickel in a bankruptcy process in 2018. Since open-pit operations restar...Read More
Central Asia Metals (AIM: CAML) has reported that tailings from its Sasa zinc-lead mine have leaked into a local river in North Macedonia.The leakage, discovered at 5 a.m. on Sept. 14, "was stopped soon after and nobody has been harmed," the company said in a statement, adding that "an investigation is now underway to ascertain the volume of leaked material as well as the root cause."The undergrou...Read More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.VANCOUVER, British Columbia, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV: SGN) is pleased to announce it has closed the first tranche of a C$6 million offering as announcedRead full newsRead More
The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.Read full newsRead More
Our collective future requires clean air and our pathway to that environmentally-sound planet demands energy storage systems.Read full newsRead More
When the market for heavy-duty electric trucks is still nascent, what are other cost-effective and low-emission fuel options that fleets that run big vehicles are embracing?Read full newsRead More
PORTOFINO RESOURCES INC. is pleased to report it has received assRead full newsRead More
Steppe Gold Ltd. is pleased to provide an update on the exploratiRead full newsRead More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More
There have been much discussion about how the stock market is not reflecting the state of the economy and how the second market crash is inevitable. Analysts are touting a stock market bubble, a tech bubble, and a housing market crash. And all these events will take place when the government fiscal stimulus ends.The government is giving away free money in the form of stimulus packages. They are fu...Read More
Although the Canadian markets have recovered strongly from their March lows, they are not in sync with the fundamentals, as the unemployment rate is still on the higher side. Also, many countries could report a contraction in their GDP this year. So, these issues could create a headwind for the markets going forward.Meanwhile, you can protect your investments by investing in these three defensive...Read More
The traditional safe haven gold is up almost 30%, while the silver is up more than 50% so far this year. As global economic growth is expected to remain subdued, precious metals could continue to trade strong for the next few quarters. However, silver might underperform the yellow metal, as the industrial metal dons a positive correlation with economic cycles.How to play the gold rallyThe $10 bill...Read More
Teck Resources (TSX:TECK.B)(NYSE:TECK) is a highly cyclical stock. And that’s what made it possible to make a big run from $5 to $60 per share, a 12-bagger, more than a decade ago.More recently, from 2015 to 2018, it had another nice ride from $5 to $38 per share for a seven-bagger.The stock’s most recent low of $9 in March this year didn’t seem nearly as attractive as its sell-o...Read More
Sep 16, 2020 Guest(s): Eric Fier CEO & Director, SilverCrest Metals Gold and silver's extraordinary bull-run in the last few months is attracting many new investors to the marketplace. For one mining CEO, the best advice he can give to these generalists is to pay attention to management teams. In an interview with Kitco News, on the sidelines of the virtual Beaver Creek Precious Metals Summit, E...Read More
Here are five Fastmarkets that you might have missed on Wednesday September 16 that are worth another look.JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government,...Read More