Dundee Precious Metals' (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029.Total proven and probable reserves are now 18.6 million tonnes grading 2.89 grams gold per tonne, 7.73 grams silver per tonne and 0.84% gold for 1.7 million oz. gold, 4.6 million oz. silver and 344.4 million lb. copper.While re...Read More
A year ago, Toronto-based Cerrado Gold (TSXV: CERT) acquired 100% of the Minera Don Nicol??s (MDN) property in southern Argentina from a group of private investors.The project, about 1,600 km southwest of Buenos Aires in the Patagonian province of Santa Cruz, has nine pits, three of which are currently in production, and about twelve high-priority exploration targets.MDN has been producing small...Read More
Structural bull market or flash in the pan? One copper miner isn't taking its chances.Canada's Taseko is expanding a copper hedging strategy to cover 41 million lbs (18,597 tonnes) at a price of $3.75 per lb ($8,267 per tonne), throughout the second half of 2021, it said late on March 29."With the...Read More
Production to resume at Oktyabrsky early MayRead full newsRead More
Confident of 'secret sauce' in DRCRead 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
Golden Mile hits thick high grade gold at 'Benalla' project, shares fly Gold mine developer West Wits gets crucial environmental ... Read More The post ASX Resources Top 5: Gold hits, important deals and a couple of 13-baggers appeared first on Stockhead.Read full newsRead More
When markets turn rough, investors take shelter in dividend-paying stocks to protect capital and to generate passive income. These stocks, thus, outperform in market downturns and make for classic defensive picks for long-term portfolios. Here are three such TSX stocks that offer stable dividends and decent total return prospects.TC EnergyVery few energy companies stayed strong in the pandemic cra...Read More
Although markets are trading close to record levels, some TSX stocks have been weak since last month. Here are three darling stocks of Canadian investors that have plunged more than 50% in the last few weeks. Let’s take a look at whether it makes sense to bet on these beaten-down names at current levels.Ballard Power SystemsFuel cell maker Ballard Power Systems (TSX:BLDP)(NASDAQ:BLDP) stock...Read More
With a devastating 2020 behind us, investors seem willing to look forward to a brighter future. Indeed, many stocks have started recovering from their pandemic-induced slump. Some have started to once again flourish amid positive recovery signs.Accordingly, long-term investors that were patient and did absolutely nothing during the last panic, except maybe buy as stocks were dropping, did ext...Read More
Investing against the grain can be an enticing proposition (we all want to be contrarian sometimes).However, I think the long-term momentum behind the ESG trade is one that’s likely to persist for a very long time. For investors looking at investing in growth today in the mining sector, I think the secular tailwinds behind ESG-focused investments are likely to remain strong.Accordingly, comp...Read More
HIVE Blockchain Technologies (TSXV:HIVE) stock, Bitcoin, and the cryptocurrency trade have really heated up of late. It’s not just crypto; even exotic blockchain products like NFTs (Non-Fungible Tokens) have been selling like hotcakes. Call it a frenzy, if you will, but speculators are going to continue to speculate in the crypto arena as long as there’s a chance to strike it rich over...Read More
Pan American Silver (TSX:PAAS)(NASDAQ:PAAS) is principally engaged in the operation, development, and exploration of silver- and gold-producing properties. The company’s principal products are silver and gold, although the company also produces and sells zinc, lead, and copper. The company operates mines and develops mining projects in Mexico, Peru, Canada, Argentina, Bolivia, Guatemala, and...Read More
Mar 31, 2021 Guest(s): Ron Paul China and Iran have signed a 25-year corporation agreement last weekend to strengthen economic and political ties. Ron Paul, former Congressman and host of The Liberty Report, said that these alliances are really a product of existing U.S. foreign policy."People shouldn't be surprised at this alliance. This is a natural consequence of aggressive foreign policy. W...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 31 that are worth another look.Market sources believe hot-rolled coil prices in the Northern European domestic market will remain on an upward trend into the second quarter despite reaching a new peak this week, with steelmakers widely seen as having...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 31.Please click...Read More
Bob Moriarty ArchivesMar 31, 2021It’s probably worth mentioning that copper, lithium and nickel have been on a tear lately due to the perceived new demand for electric vehicles. Personally I think people are missing the forest for all the trees in the way. To make solar a real source of green energy, you either need to figure out how to have more sunlight or how to store the energy for when...Read More
The London Metal Exchange nickel price posted the biggest monthly loss in March, with a fall of 14% as of Wednesday March 31, while tin was up by 8% since the start of the month and 20.6% in the year to date amid increased demand and tightening global supply. "March has been characterized by diminishing risk appetite across stock, financial and commodity markets," LME Desk analyst at Marex Spectro...Read More
Mar 31, 2021 Guest(s): Jim Wyckoff Market Analyst and Columnist Treasury yields have risen to a 14-month high, boosting the U.S. dollar, which in turn has put downward pressure on gold.Jim Wyckoff, senior market analyst for Kitco News, said that the short-term technical indicators for gold have deteriorated."We hit a new 3-week low today [Tuesday] in the gold market. We've got some very strong c...Read More
The "American Jobs Plan" also included a $174 billion investment "to win the EV market".Base metals closed higher, except aluminium, on the London Metal Exchange, where copper was up 0.2% to $8,787.75 per tonne.Market futures were mixed.Gold has risen back above $1,700 an ounce and was worth $1,709/oz at the time of writing.Telson Mining (TSXV: TSN) shot up in Toronto as it eyes near-term gold pro...Read More