Canaccord Genuity Capital Markets analyst Dalton Baretto called it "a generally solid quarter" with Centerra's financials mostly beating CG's forecasts but added that the mercury issues which led to production being suspended in March at Oksut overshadowed the results.Centerra's revenue for the quarter of US$295 million beat CG's estimate of $261 million and consolidated all-in sustaining costs of...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 32 points at 7:30 AM EDT.First quarter Non-farm Productivity Report is expected to be released at 8:30 AM EDT. Consensus is a drop of 2.3% versus a gain of 6.6% in the fourth quarter of 2021.Etsy dropped $11.98 to $97.35 after the company offered weaker than consensus second quarter sales. Cognizant Technology fell $4...Read More
As widely expected, the Federal Reserve raised its target rate by 50 points today, its largest increase in 22 years.Some market analysts were even predicting a 75-basis point hike. But today, Jay Powell reassured markets by claiming that he's not considering such a move.The stock market soared after Powell's reassuring announcement. The Dow gained over 900 points today, with most of the gains comi...Read More
A change in the government of Pakistan won't impact the development of Barrick Gold's (TSX: ABX; NYSE: GOLD) US$7-billion Reko Diq copper-gold project in Balochistan province, said CEO Mark Bristow on a conference call on Thursday. In early April, Pakistan's Prime Minister Imran Khan, with whose government Barrick reached a deal in March to restart the Reko Diq project after a decade, was ousted...Read More
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining's (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the U.S. Army Corps of Engineers not re-issue a key water-related permit.The agency said this week that the US$1-billion NorthMet project, the first large-scale project to be permitted within the Duluth Complex in nort...Read More
Glencore (LSE: GLEN) has inked a deal with Toronto-based Li-Cycle Holdings (NYSE: LICY) to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries. The company will also invest US$200 million in Li-Cycle once the agreement is executed, which would give it the right to nominate its head of recycling, Kunal Sinha, on to Li-Cycle's board. The deal is expected...Read More
A new metric to quantify the amount of waste rock generated by mining critical minerals has been created by the U.S. Geological Survey and Apple.Called the "rock-to-metal ratio," the new metric indicates how much ore and waste must be mined, moved and processed to produce a given unit of a mineral commodity. This information has not previously been available on a global scales.The new rock-to-meta...Read More
Centerra Gold (TSX: CG; NYSE: CGAU) saw its first quarter results hit by the suspension of its ?-ks? 1/4 t mine in Turkey, where the adsorption-desorption recovery (ADR) plant has been out of commission since Mar. 18, with no clear timeline for its reopening.The Canadian gold miner posted net earnings of $89.4 million in the first three months of the year, compared to $167.4 million in the first...Read More
Gold Fields Limited (NYSE: GFI; JSE: GFI) says higher-than-expected inflation levels have started eroding the contingency built into the US$860 million capital expenditure (capex) budget for its 100%-owned Salares Norte development project in Chile.CEO Chris Griffith said in Gold Fields's March-quarter production report on May 5 that the cost overrun could hit up to 7% compared with the company's...Read More
Endeavour Mining (TSX: EDV; LSE: EDV) has pulled the trigger on building a recyanidation circuit at its cornerstone Ity operation in C??te d'Ivoire earlier than expected as it seeks to optimize the operation.The US$41 million investment has been moved forward given that the operation is producing excess cash flow in the high gold price environment. With strong operational performance and a cautiou...Read More
The province of Ontario is one of Canada's most favorable provinces when it comes to exploration and mining of platinum and palladium. Notably, the Thunder Bay region has generated interest from companies in the space to set up shop and develop platinum-palladium mines...Read full newsRead More
For experienced retail investors, a private company can equate to a ground floor opportunity and can often translate into a high-value investment upon public listing. The company intends to trade on the TSX Venture under the ticker DBL soon. There is a lot goi...Read full newsRead More
(2022-03-17 | TSXV:DGO) Durango Visits NMX East Lithium PropertyRead full newsRead More
Do you believe in parallel dimensions, alternate realities? Somewhere where there is no COVID, European tensions are just that - tense, market volatility is kept to a minimum. It is here, perhaps, in the inversed Buzz, where everything is "fine" ... but invariably, without...Read full newsRead More
(TheNewswire)Vancouver, B.C. TheNewswire - May 5 th 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (theRead full newsRead More
This video looks at the fourth quarter 2021 results of 'Big Gold' the largest gold global gold producers, including production, ...Read More
In this video we look at the major drill results and related share price performance of New Found Gold, the TSXV's largest market ...Read More
This video looks at Canadian gold production grouping the provinces into several tiers based on their output levels.Read More
Investigating the relationship between real bond yields and the gold price over the short and long-term and outlining why ...Read More
This video looks at Eskay Mining's drill results and related share price movements over the past two years from its project in British ...Read More