China's leading stainless steel mills have raised their ferro-chrome tender prices for May deliveries, with one offering an additional payment for extra material delivered, incentivizing some smelters to increase their deliveries. But not all suppliers are enticed by the price hike because of a strong spot market and expectations of further price gains in the near term, Fastmarkets has learned. Ta...Read More
South America's prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore, develop and operate projects in the region. Below, we provide an overview of eight companies with precious and base metal assets on the continent.Altamira GoldTrenching at Altamira Gold Corp.'s Cajuiero gold project in the Juruena Mineral Belt of eastern Brazil. P...Read More
Corvus Gold (TSXV: KOR; US-OTC: CORVF) has discovered a new gold mineralized zone below the company's Mother Lode deposit, located 165 km northwest of Las Vegas in the Walker Lane gold belt in Nevada.Discovery hole 19-123CT, in the deposit's Central Intrusive zone, intersected 126 metres grading 2.6 grams gold per tonne, including 15 metres grading 8.9 grams gold per tonne and 25 metres grading 4....Read More
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America Securities conference on global metals, mining and steel on May 12. His remarks touched on the impact of trade wars and COVID-19 on commodity prices and margins, Teck's portfolio of assets, including its goal to inc...Read More
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company's wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in the Ralston Valley of Nevada.The PEA estimates an open-pit heap leach operation with a mine life of six years, averaging 38,000 oz. gold per year, with annual production in the second and third years of 48,000...Read More
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada's largest diversified miner, is facing pressure from investors who want the company to divest its energy and coal business and replace long-standing chief executive officer, Don Lindsay.Connecticut-based Impala Asset Management has emerged this week as the second investor in a month to criticize Lindsay's guidance. In excerpts of a letter to t...Read More
First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over taxes.The Canadian miner said the notice, served to the Mexican government, kicks off a 90-day process for the L??pez Obrador administration to enter into negotiations with the company.First Majestic argues the tax authority has "exh...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesElementos was one of 23 ASX-listed explorers and development companies presenting to investors in a virt...Read More
VidCon is Stockhead's video conference series, bringing you expert insights, panel discussions and presentations on the most interesting and relevant ... Read More The post Stockhead VidCon: Gold Out West - The Explorers appeared first on Stockhead.Read full newsRead More
"Monarch Gold (@MQR_TO) (#TSX: $MQR | #OTC: $MRQRF) Signs MOU w/@Glencore Canada for use of Kidd Concentrator for Wasamac #Gold Project [https://t.co/5l1HNC8LHy]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #goldstocks #mining #resources #news"Read full newsRead More
""Data to date indicates the Buck property hosts large areas of surface and near surface mineralization and it is anticipated that the current drilling will confirm this and give indications of depth potentialRead full newsRead More
NV Gold Corporation is pleased to announces that, further to its news release of May 11, 2020, it has increased its private placement up to 8,200,000 units at CAD$0.14 per Unit for total gross proceeds of up to CAD$1,148,000.Read full newsRead More
Renforth Resources is pleased to announce that SGS Lakefield has been retained to determine the basic metallurgical response of a sample from New Alger's Discovery VeinsRead full newsRead More
QMX Gold Corporation is pleased to announce that in exchange for a $250,000 deposit, it has granted to O3 Mining an option to purchase the Aurbel MillRead full newsRead More
Canadian precious metals producer SSR Mining said it would to buy Alacer Gold in an all-stock deal valued at C$2.41 billion ($1.72 billion), adding heft as gold prices surge due to demand for the yellow metal in an uncertain economy.Read full newsRead More
"AABB - Asia Metals Inc. Signs Definitive Agreement and Acquires New Gold Mine In Colombia; Drill Results From Mexican Mine To Be Published Next Week https://t.co/Qax9sqz5S7"Read full newsRead More
New Canadian investors have some strong options right now, both in spite and because of the current market. The TSX is a rich source of world-class businesses ripe for first-time investing. There’s a little of everything listed on Canada’s largest stock exchange.It’s a representative cross-section of our economy’s greatest strengths, from banking and software to freight and...Read More
The May edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Novo's Egina project lies in the heart of the Pilbara conglomerate gold province approximately 120 km east of Novo's Karratha gold project. Image from Novo. Novo Resources (TSX-V: NVO) announced on Friday that it has recommenced its exploration program at its Egina gold project in Pilbara. The company has identified another gold-bearing channel in an area southwest of the Paradise prospect. This...Read More
The Santa Luz project (pictured) is a previously operating open-pit mine acquired as part of the merger with Leagold. Credit: Equinox Gold Equinox Gold (TSX: EQX) had its best quarterly gold production and earnings from mine operations in the first quarter this year, the company reported on Friday, despite having to navigate challenges related to the covid-19 pandemic.In the past quarter, the com...Read More