Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldWhile he looks for ways to invest BHP's massive cash flows from iron ore Henry, and other mining company chief executiv...Read More
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released the results of 20 drillholes completed along the Courvan gold trend within its Val-d'Or East property in Quebec. The expansion drill results suggest several new high-grade discoveries, the company says.At the Creek zone, deeper expansion drilling returned intercepts such as 7.5 metres of 14.8 grams gold per tonne ("the richest drill intercept ev...Read More
The China Iron & Steel Association (Cisa) has suggested preferential tax policies to stimulate domestic supply and imports of steel scrap to meet rising demand in China.For example, one method could be to increase the refund rate of the 13% value-added tax applied on the domestic prices, which buyers pay, Cisa vice president Luo Tiejun said at a press conference last week. He said that the governm...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has picked the management team for new U.S.-focused gold miner i-80 Gold Corp., a company formed as part of the $612 million (US$478 million) acquisition of Premier by Equinox Gold (TSX: EQX; NYSE: EQX).The friendly takeover, announced in December, proposed consolidating Premier's gold asset in Nevada under a new entity, headquartered in Reno.Key member...Read More
Miner and commodities trader Glencore (LSE: GLEN) has inked a preliminary deal with Norwegian battery producer FREYR to supply 3,700 tonnes of "ethically sourced" cobalt metal cut cathodes.The cobalt, which will be produced at the Swiss company's Nikkleverk facility in Norway, will be a core component in FREYR's lithium-ion battery (LIB) cells to be produced at planned facilities in the town of Mo...Read More
The Pilbara Ports Authority (PPA) issued three advisories over the weekend to clear ports in the Pilbara region in Western Australia ahead of a tropical low.The PPA said it instructed the ports of Port Hedland and Dampier to be cleared on Saturday January 30, and the Port of Ashburton the following day due to strong winds and heavy rainfall forecast across the region due to tropical low 12U.The Au...Read More
Shares in Canadian silver mining companies are posting double-digit increases as the price of the shiny white metal surges to multi-year highs driven by retail investors.Read full newsRead More
...taking some heavy volume punishment since the US equity market opened.Read full newsRead More
Silver in the sights of RedditorsRead full newsRead More
New president Sadyr Japarov signs orderRead full newsRead More
The remaining 10 gold miners who became trapped and unaccounted for following two explosions a couple weeks ago were confirmed dead on Monday.Read full newsRead More
TSX-V-listed Canada Silver Cobalt on Friday announced the discovery of high-grade silver at its flagship Castle property, near the town of Cobalt, in Ontario.Canada Silver said it received assays from hole CS-20-39 at 9 853 g/t silver, or 2 621 ounces a ton, over 0.3 m from 557.46 m to 55.76 m.This is the highest-grade silver to date at the Robinson zone and the company said it confirmed the signi...Read More
Thanks to a stellar recovery rally, most of the top Canadian stocks are looking expensive on the valuation front. However, shares of a few fundamentally strong companies are still trading at big discounts compared to their peers and present a good buying opportunity at the current price levels. Here are three undervalued Canadian stocks that you could consider buying in February for...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) is down more than 25% from its 2020 highs. The slide followed a pullback in the price of gold, but investors with a bullish view on precious metals wonder if Barrick Gold stock is simply too cheap to ignore today.Will the silver rally lead to a gold surge?Silver caught the eye of speculators in recent days. The precious metal soared on hopes that a buying frenzy w...Read More
The financial media is still divided on what path the markets will follow in 2021. Many say that the crash is imminent, while the rest are way bullish amid the ongoing economic recovery. However, if you belong to the third bloc like me and don’t care about the market direction, this post is for you. Here are three TSX stocks that could stay resilient in almost all market conditions.Shaw Comm...Read More
Copper cathode premiums in China rose on Tuesday February 2, with market participants expecting strong buying activity on expectations of restricted supply after the country's Lunar New Year holiday comes to an end in mid-February.China premiums up but buying muted ahead of holidaySupply issues in Japan, Chile restricting availabilityLondon Metal Exchange price drop encourages some spot buying.Sha...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 2.Please click...Read More
The frenzy of buying activity in silver, attributed to a group of retail investors using the Reddit forum r/WallStreetBets and other social media sites, is waning.The silver surge - which began on January 27 and saw the price of the industrial metal soar to an eight-year high of more than $30 per oz before slipping to just below $27 per oz by Tuesday January 2 - followed a phenomenal upswell in th...Read More
Bob Moriarty ArchivesFeb 2, 2021Eskay just released the results the market was waiting for and now panting over.One intercept ran 35.5 meters of 9.5 g/t gold and 70.0 g/t of silver. Within that was a 9.25 meter intercept of $1972 rock USD.(Click on image to enlarge)This was part of the initial drill program and certainly looks as if they have hit anotherEskay Creekdeposit.I own Eskay Mining shares...Read More
Chilean copper output plummeted in December amid lower activity at Codelco, Escondida and other major mines, data from the country's copper commission, Cochilco, showed on Tuesday February 2.Production hit 499,700 tonnes in December, down by 9.4% year on year from 551,500 tonnes. Additionally, full-year output reached 5.73 million tonnes in 2020, a 1% decrease from 5.79 million tonnes in 2019.Lowe...Read More