Sirios Resources Inc. (TSXV:SOI) is pleased to announce the start of its 2020 diamond drilling campaign on the Cheechoo gold property.Read full newsRead More
"CEO Interview - Commander Resources CEO Robert Cameron: Prospect Generator Positioning for Return of the Metals Bull Market. https://t.co/x24RbFtwSG @CommanderCMD #gold #copper #stocks #investing https://t.co/5KghyFqhKu"Read full newsRead More
Barrick Gold (TSX:ABX)(NYSE:GOLD) just reported Q4 and full-year 2019 results.Let’s take a look at how things went for the gold mining giant and try to determine if this is a good time to add the stock to your portfolio.Operating results and earningsBarrick produced 5.47 million ounces of gold in 2019. This is near the top end of its guidance of 5.1-5.6 million ounces, indicating the company...Read More
Buying gold stocks is a sound strategy for safety-proofing a portfolio. With some big names in gold production paying dividends, it’s also a way to yield some passive income. But there are other metals out there, and other ways to invest in mining. From steep upside potential to a mix of growth and income, let’s take a look at three metals and why to get invested in them.ZincFrom a jum...Read More
Drilling at Dixie project. Image from Great Bear Resources Great Bear Resources (TSX: GBR) has traced gold mineralization along a 4.2-km long stretch of the LP fault at its 91-sq.-km Dixie gold project in Ontario. The company now plans to test a 5-km section of this 18-km structure down to a depth of 500 metres, to cover a 2.5 sq. km panel.Drill highlights from the latest release include:21 metre...Read More
Credit: Troilus Gold Troilus Gold (TSE: TLG) announced on Thursday an upsized non-brokered private placement with gross proceeds expected at up to C$12.8 million, up from C$10 million previously.The placement features a common share offering component of up to 11.3 million common shares, at C$0.65 each, for gross proceeds of up to C$7.3 million. The flow-through portion includes the issue of up t...Read More
Iron ore production in Western Australia. Image courtesy of BHP. Global iron ore production will grow modestly over the years due to mine expansions in Brazil and increasing output from India, Fitch Solutions' latest industry trend analysis found. Meanwhile, analysts say output growth in China will decline on the back of falling ore grades and high costs of production. Global iron ore producti...Read More
Newfoundland gold mineralization. (Credit: Marathon Gold) Mexican Gold's (TSXV: MEX) Queensway gold project in Canada's Newfoundland province reported the most significant drill intersections of 2020 to date, according to intelligence company Opaxe, based on companies listed on the Toronto Stock Exchange.Opaxe compiles the best drill intersections around the world and then ranks them based on go...Read More
The camp at Aton Resources' Abu Marawat gold property in Egypt, with an outcropping vein in the foreground. (Image courtesy of Aton Resources.) Canada's Aton Resources (TSX-V: AAN) became the first company in more than a decade to secure a gold mining licence in Egypt, which last year issued new regulations to ease foreign investment in the sector.The new rules eliminated the needfor miners to fo...Read More
The three-month price for lead on the London Metal Exchange was higher at the close of trading on Thursday February 13, nearing the $1,900 per tonne resistance level on a 1.7% uptick, while a positive close for LME copper saw it also approach nearby resistance.Lead's underlying price on the LME closed at $1,892 per tonne, climbing from an intraday low of $1,844.50 per tonne, while turnover was mod...Read More
The alumina index, fob Australia remained just above $280 per tonne so far this week amid quiet trading conditions. Fastmarkets calculated the daily benchmark at $281.69 per tonne on Thursday February 13, little changed from $281.61 per tonne the previous day. The index has hovered around $281 per tonne since February 7 and remains close to its highest level since November 7, when it was at $...Read More
The novel coronavirus (2019-nCoV) has not affected China Hongqiao Group's aluminium production, which is operating at its full running capacity of 5.86 million tonnes in Shandong province, the company confirmed to Fastmarkets."Our aluminium production was not impacted by the novel coronavirus. Now we are running at almost 5.86 million tonnes of aluminium and this is our full operating capacity in...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday February 13 that are worth another look.The China Iron & Steel Association (Cisa) is seeking the Chinese transport ministry's help to solve logistical problems experienced by steelmakers in recent weeks, especially those affecting the delivery of raw materials, market sources told Fastmarkets.The novel coronavirus (2019-nCoV) h...Read More
The alumina index, fob Australia remained just above $280 per tonne so far this week amid quiet trading conditions. Fastmarkets calculated the daily benchmark at $281.69 per tonne on Thursday February 13, little changed from $281.61 per tonne the previous day. The index has hovered around $281 per tonne since February 7 and remains close to its highest level since November 7, when it was at $...Read More
BDO noted that while the exodus of capital from junior mining to things like bitcoin and cannabis had eased, the investors had not necessarily returned to explorers.Read More
Revenue amounted to US$51.3 million in Q4, up from US$36.3 million, as the average price per carat rose by 21% to US$1,713. The Lesotho and Botswana-focused player also increased the number of carats sold by 17% to 29,945, including four stones of greater than 100 carats."Following pressure on the prices for the larger high-quality diamonds seen during 2019, signs of improvement were noted in Dece...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has signed a multi-year supply agreement with a global Land Mobile Radio ("LMR") and software vendor (the "Vendor").The agreement outlines that Siyata Mobile will supply the Uniden (R) UV350 in-vehicle IoT device to the Vendor, for resale to its first responder...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry is pleased to announce that it has signed a New Royalty Agreement ("Agreement") with Cultivation Technologies, Inc. ("CTI") of Coachella, CA a top-ranked and award winning cannabis extraction and manufacturer. Further to the Agreement, FinCanna h...Read More
The novel coronavirus (2019-nCoV) has not affected China Hongqiao Group's aluminium production, which is operating at its full running capacity of 5.86 million tonnes in Shandong province, the company confirmed to Fastmarkets."Our aluminium production was not impacted by the novel coronavirus. Now we are running at almost 5.86 million tonnes of aluminium and this is our full operating capacity in...Read More
It had said 7 tonnes of gold was lost annually as a result of illegal mining, crime, theft and security at the mines, in its Facts and Figures 2019 pocketbook released at Mining Indaba earlier this month. The council renewed its pleas for action, outlined in January, ahead of today's State of the Nation Address and the annual national budget speech scheduled for February 26. "The South A...Read More