(IDEX Online) - The IDEX Polished Price Index suffered another month of steady decline during August, down by 2.31 per cent. That's the biggest monthly drop since it began falling in early March. It was down 2.1 per cent in April, 0.69 per cent in May, 1.18 per cent in June and 2.05 per cent in July. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per...Read More
"The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Komoa Copper employee," Ivanhoe said."Kamoa Copper is undertaking a comprehensive internal investigation into the accident and is working with the DRC authorities to facilitate their investigation of the accident," the company added.Kamoa Copper is the operator of the complex. It is a...Read More
Highlights included 81.55m grading 0.89% copper and 0.25 grams per tonne gold including a sub interval of 21.14m grading 2.79% copper and 0.59%g/t gold.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. General Electric added $0.26 to $74.30 after announcing plans to spin off its healthcare division in January.Bristol Myers Squibb gained $4.62 to $74.78 after the FDA approved Sotyktu, a drug for psoriasis. PayPal added $1.18 to $97.41 after Deutsche Bank raised its target price from $11...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects to pour first gold by mid-2023 at Seguela, an open-pit mine it is building in Cote d'Ivoire. In the meantime, the company continues to release exploration updates and drill results for the project and identify new regional prospects. Drilling down-dip and down-plunge at the project's Sunbird deposit, for instance, has extended the mineralization...Read More
The Dow Jones Industrial Average gained 833.27 points during the Sept. 6-9 trading session, rising 2.66%, to 32,151.71, while the S&P 500 climbed143.1 points or 3.65% to 4,067.36. This week's top gainer in value was royalty and streaming firm Franco-Nevada, rising US$4.38 to end the week at US$125.97. Franco-Nevada released its second-quarter results in August, reporting record quarterly revenue...Read More
The S&P/TSX Venture Composite Index rose over the Labour Day-shortened Sept. 6-9 trading session by 2.1% or 13.55 points to end the week at 645.57.C3 Metals boasted the highest share volume for the week, at 7.3 million shares traded. However, the Toronto-based junior shed 1 ? to end the period at 4 ? per share. On Sept. 9, C3 released drill results from its recently completed second-phase drill pr...Read More
Over the Sept. 9 trading period, the S&P/TSX Composite Index gained 502.49 points or 2.6%, to 19,773.34. The S&P/TSX Global Mining Index jumped 5.48 points or 6.25% to 93.23 and the S&P/TSX Global Base Metals Index fell 11.9 points or 7.79% to 164.63. The S&P/TSX Global Gold Index rose by 10.34 points or 4.59% to 235.47 and spot gold ended the week US90 ? per oz. higher, or 0.05%, at US$1,714.40 p...Read More
G Mining Ventures (TSXV: GMIN; US-OTC: GMINF) has made a formal decision to proceed with the construction of the Tocantinzinho gold project located in the state of Par??, Brazil. The company has received all the necessary environmental installation permits to progress with full construction, which is expected to begin this month."This construction decision is an important milestone which has been...Read More
Following a 10,700-metre drill program completed in late 2021, Tartisan Nickel (CSE: TN; US-OTC: TTSRF) has released a preliminary economic assessment (PEA) for its 100%-owned Kenbridge nickel project in northwestern Ontario's Kenora Mining District. Prepared by P&E Mining Consultants, the PEA outlines a low-cost, 1,500-tonne-per-day operation with a potentially short timeline to production. The s...Read More
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence. Top gold assays for the week Sept. 2-9, 2011.This week's top three assays were all delivered by Australian-listed companies exploring for gold at home.The top hole came from Catalyst Metals' (ASX: CYL) Henty underground...Read More
Canada's Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and Congo's state mining company G?(C)camines have begun construction activities at the historic Kipushi underground zinc-copper mine, which they plan returning to production by late 2024.The companies' joint venture, Kipushi Corp., pegs pre-production capital costs, including contingency, at US$382 million.During a breaking-ground ceremony, it note...Read More
With a long and storied history of exploration and mine development, favourable mining policies, excellent infrastructure and a skilled workforce, Quebec is one of the world's top mining jurisdictions for mineral explorers and developers. Below are eight companies with operations in the province.MAPLE GOLD MINESHeadframe and infrastructure at Maple Gold's Douay site in Quebec. Credit: Maple Gold M...Read More
Usha Resources Ltd. is a publicly traded Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada. Usha is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in North America.Read full newsRead More
Uranium stocks are having a bit of a moment.The COVID-19 pandemic kicked off a rally in uranium prices that continues yesterday. As reported by major uranium producer Cameco (NYSE: CCJ), prices for the nuclear fuel have more than doubled since February 2020.Source: CamecoAs a result, shares of uranium miners like Cameco have ticked up over the past several months.The Global X Uranium ETF (NYSE: UR...Read More
Former BHP iron ore boss Jimmy Wilson started yesterday as executive director for 18 months after which he will move to a non-executive director role.Read More
China is the world's largest producer of hydrogen, but virtually all of the 33Mt it produces every year is made using coal and natural gas or comes as an industrial byproduct.Read More
Share this article TORONTO - Electric Royalties Ltd. [ELEC-TSXV, ELECF-OTCQB] said its royalty interest in Voyager Metals Inc.'s [VONE-TSXV] Mont Sorcier iron and vanadium project near Chibougamau, Quebec is expected to generate average annual royalty revenues of between US$750,000 and US$1.5 million annually.The estimate is based on a production scenario that is outlined in Voyager's preliminary...Read More
About two weeks ago, NVIDIA, the high-tech semiconductor maker and stock market darling, took a big hit to its share price.News was announced that the U.S. government was banning sales of the high-end chips to China due to national security. The U.S. thought the Chinese would rip off these semiconductors and use them in weapons. NVIDIA said the ban would cost the company $400 million.The stock is...Read More
Peak Prosperity, Released on 9/13/22Watch PART 2 here: https://peak.fan/oerChristopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock...Read More