Noront Resources (TSXV: NOT) has rejected a loan offer from major shareholder and Australian mining magnate Andrew Forrest's Wyloo Metals late last week, citing an "immediate need for funding."Instead, Noront, the largest landholder of Ontario's emerging Ring of Fire nickel and chromite camp, opted to pursue a private placement financing to address its near-term working capital commitments, with t...Read More
Worldwide uranium production will recover by 3.1% to reach 51,200 tonnes in 2021 as significant mines come back online following a Covid-19 hiatus, new analysis by GlobalData shows.The increased optimism among industry participants comes as uranium spot prices edged higher in May after languishing rangebound between US$25 to US$30 per lb. for several years. Nuclear-fuel data and research company U...Read More
Protect your assets against current threats but remember that nothing lasts forever. It is a lesson that mining executives and metals investors should know, and was learnt long ago by the builders of medieval castles. New technology is driving resurgent demand for one of the world's oldest metals, but while copper is benefiting from human progress, innovation has been the death knell for other met...Read More
Prices for steel scrap imported into China were unchanged on Tuesday June 8 amid scarce spot market activity.Fastmarkets' daily price assessment for steel scrap, heavy recycled steel materials, cfr China, which takes into account prices at ports in eastern China, was $510-530 per tonne on Tuesday, unchanged from a day earlier.No new bids were heard on Tuesday, with the latest bid coming in on Mond...Read More
Slave Lake Zinc's (CSE: SLZ) 100%-owned O'Connor Lake project in the Northwest Territories, about 185 km southeast of Yellowknife and 150 km east of Hay River, has the potential to be a very significant base metal producer, says Ritch Wigham, the company's CEO. The 188-hectare property comprises zinc and lead deposits with variable gold, silver, and copper content occurring within a mineralized...Read More
Royalty juniors co-exist in a noisy space, just like exploration companies do, but what is essential to their success is exposure to active, rather than envisioned exploration programs.The junior gold mining market is flooded with exploration companies claiming to have found the next big target, but the reality is any discovery made may likely take them five or ten years to develop into an operati...Read More
A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays in southern China.YICT is one of China's busiest container ports, handling around 13 million twenty-foot equivalent units (TEU) each year, according to The Maritime Executive news website.Althoug...Read More
Battery minerals represented less than 3% of the top 40 miners' total revenue in 2020.Read full newsRead More
Monarch Mining (TSX:GBAR) is announcing a C$5 million bought deal private placement led by Sprott Capital Partners and Stifel GMP.Read full newsRead More
Gold Bull Resources (TSXV:GBRC) will resume drilling operations at its Sandman Project with a 5,000-metre exploration and resource extension program.Read full newsRead More
BlockchainK2's (TSXV:BITK) Amplify Games has added indie game developer Santiago Zapata to its industry alliance.Read full newsRead More
PyroGenesis Canada (PYR) has received a Letter of Intent (LOI) from an...Read full newsRead More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
6 votes and 1 comment so far on RedditRead full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - June 8, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE:706) (Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce that the MinistRead full newsRead More
With TSX volatility on the rise again, investors are looking to diversify their portfolios with undervalued stocks. The problem is, value is hard to find today. Almost every stock and sector appear overvalued right now. Economic reopening hopes are driving forward-looking expectations to insane levels today.However, there’s hope. There happen to be a few pockets of value left. In this articl...Read More
As with most other commodity plays, Nutrien (TSX:NTR)(NYSE:NTR) has more than made up the ground it lost due to the pandemic. In fact, shares of Nutrien are now trading near all-time highs.For investors worried about where valuations are today, perhaps this outsized move is concerning. After all, we’re seeing valuation expansion in nearly every sector now.However, there’s rea...Read More
Endeavour Silver (TSX:EDR)(NYSE:EXK) is involved in the evaluation, acquisition, exploration, development, and exploitation of mineral properties. The company produces silver and gold from underground mines. It also has interests and is advancing certain exploration properties in Mexico and in Chile.Robust business strategySince 2002, the company’s business strategy has been to focus on acqu...Read More
Jun 09, 2021 Guest(s): Gary Wagner May's consumer price index is set to be released tomorrow morning, and the broad expectation is that inflation will climb higher compared to the previous month's reading of 4.2%. Gary Wagner, editor of TheGoldForecast.com, agrees with the consensus expectation."I agree that we should see an uptick in the number of inflation," Wagner told David Lin, anchor for...Read More