There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY) shares, rose in value on Friday, January 07, with the stock price down by -1.13% to the previous day's close as strong demand from buyers drove the stock to $3.49. Actively observing the price movement in the recent trading, the stock is buoying the sRead full newsRead More
Management appointments announced this week include:Alamos Gold named Leon Grondin-Leblanc general manager at the Young-Davidson mine. Luc Guimond...Read full newsRead More
A few weeks ago, eight miners were trapped in an artisanal gold mine in Abimbo, Siaya County after the mine collapsed. While six were rescued, one succumbed and the fate of another is still unknown as rescue efforts has been left to his family and well-wishers.This is not the first time an incident of this nature has occurred. In October 2021, two fatalities and several injuries were reported at t...Read More
VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Usha Resources Ltd. (Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
Indonesia has played a key role in global markets as a bulk materials supplier, but President Joko Widodo has pledged to eventually stop exports of all raw commodities to turn the country into a major manufacturing hub for electric transportation.Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.Read full newsRead More
Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles.Read full newsRead More
If there is anyone still confused why ESG, and the entireRead full newsRead More
After a month of trying to break through the support line of $1,800, gold continues to go sideways following the recent declines. Multiple factors are at play here, including a strengthening U.S. dollar, volatile stock prices and new variants of a mutating COVID virus, among other factors. For the time being, the biggest winners seem to be pharmaceutical stocks and cryptocurrencies, although vola...Read More
Amid the COVID-19 pandemic, we saw a fall in demand for silver as supply chain disruptions crippled the industrial sector. As it accounts for roughly 60% of the global silver consumption this had a severe impact on silver demand and silver prices. Investment interest was the only supporting pillar with the metal gaining on its safe-haven demand. As businesses resumed and we started seeing signs o...Read More
Mining companies enjoyed a boosted performance as gold prices continued to rise this week as well. This lifted Canada's main stock index on Wednesday after data showed inflation in October rose in line with the market and central bank expectations. At 9:45 a.m. ET (1445 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 23.97 points, or 0.11%, at 21,741.13. C...Read More
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (Read full newsRead More
The four locomotives, scheduled for delivery in late 2023, will be supplied by Progress Rail, a unit of Caterpillar, and Wabtec Corp.Read full newsRead More
The mine has faced opposition from environmental activists and local communities over concerns of environmental damage.Read full newsRead More
The nickel market is experiencing its most severe squeeze in over a decade.Read full newsRead More