De Beers has been given permission for a long-term clean-up at the site of its ill-fated Snap Lake mine, in Canada. The company invested over $2.2bn in its first mining project outside Africa. Snap Lake (pictured) had an expected 15-year life when it opened in July 2008, but was closed seven-and-a-half years later, after a decline in diamond prices and ongoing water problems at...Read More
Watch as Elon Musk and Jay Leno go for a joy ride in the 2021 Tesla Cybertruck + more bonus sneaks! Then, catch an all new episode ofRead full newsRead More
There have been two suspected arson attacks on the installations of SLN, New Caledonia's largest private sector employer, in the territory's north.Read full newsRead More
JAKARTA - As Indonesia ramps up its mining sector to feed the world's hunger for zero-emission vehicles, it is faced with a problem: what to do with all the waste. Now, companies building the nation's first factories to produce the elements that power electric vehicles are seeking permission to dump billions of tons of potentially [...]Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Newmont Mining (NYSE:NEM) has been on fire, and why shouldn't it? While gold prices have been quiet lately, they won't stay that way forever. The backdrop for the yellow metal is bullish. Therefore, the backdrop for NEM stock is bullish, too.Source: Piotr Swat/Shutterstock But let's not pretendRead full newsRead More
Boris Johnson needs to prioritise the environment as the UK recovers from coronavirus, firms say.Read full newsRead More
Each May, we Americans give tribute to those in the military who have paid the ultimate price serving their country. This Memorial Day is all the more poignant as we also remember family, friends and colleagues who have fallen to the coronavirus, a deadly, invisible enemy.The pandemic has slammed the U.S. economy, triggering bankruptcies and putting millions out of work. Goldman Sachs warned earli...Read More
"Loop Insights (#TSXV: $MTRX) & Sun Global Broadband Sign Partnership to Deliver #Contactless Solutions for Tokyo Summer Games [https://t.co/TB3cCis1G8]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #data #analytics #bigdata #tech #technology"Read full newsRead More
It’s said that every generation starts out with the best intentions. Whether Gen Z finishes what it starts is almost a moot point, though, if all an investor is looking for is growth. A cynic might look at investment themes among upcoming generational cohorts and spot growth trends rich with upside. Indeed, the ethical and social dimension of these trends may almost seem incidental.However,...Read More
Sifting through the outperforming stocks over the weekend yielded two strong themes. Gold and tech are popular with investors right now. It seems that not everybody got last week’s “buy anything” rally memo, which is perhaps just as well; while it’s reassuring to see stubborn bullishness in equities, it’s also alarming. Undue bullishness now almost certainly means ano...Read More
Canadian gold stocks are finally performing after being weighed down by gold’s prolonged slump after the 2008 Great Recession. Gold is one of the few assets that has performed strongly since the World Health Organization (WHO) declared a pandemic.The yellow metal is up 14% for the year to date to be trading at over US$1,731 an ounce. This coupled with the positive outlook for gold, with some...Read More
Gold has been one of the few assets to perform strongly since the WHO announced a pandemic in March 2020. The yellow metal has gained 14% for the year to date to trading at US$1,731 an ounce. Despite higher gold, some Canadian gold miners have seen their stock soften since the start of the year because of the impact of the coronavirus on operations. That has created an opportunity to acquire quali...Read More
Image from Pixabay Employee engagement and soft skills have never been more important for the mining industry, the Global Mining Guidelines Group (GMG) outlines in a recent report focused on advancing employee engagement in mining. GMG authored the paper to share industry insights with the global community, such as the Workforce of the Future Working Group, launching soon. A number of convergingf...Read More
Beaten-down TSX-listed gold miner Eldorado Gold (TSX:ELD)(NYSE:EGO) has been a key beneficiary of gold’s latest rally. Over the last year, Eldorado’s stock soared by a notable 198%, substantially outpacing gold, which gained 35%.This has sparked speculation that Eldorado may not experience a rally as strong as many other intermediate gold miners when the yellow metal rallies again.Impr...Read More
Aurora Mill, Guyana. Photo courtesy of Guyana Goldfields. Gran Colombia Gold (TSX: GCM) announced on Monday that it will no longer pursue the acquisition of all shares of Guyana Goldfields and, as a result, terminated the planned merger with Gold X.The successful completion of the Guyana Goldfields acquisition was a condition for the merger with Gold X. Guyana Goldfields rejected Gran Colombia's...Read More
After 23 years of semi-autonomous governance, Hong Kong is being absorbed into China directly.No doubt, Beijing has been steadily eroding Hong Kong's political freedoms and independent legal system for years.And now the party is changing the Basic Law - Hong Kong's mini-constitution, which guarantees rights those in Mainland China don't enjoy, including freedom of assembly and freedom of the press...Read More
Image by Banyan Gold Banyan Gold (TSXV: BYN) on Monday reported an initial mineral resource estimate of 903,945 ?EUR?ounces in the inferred category for its Aurex ?EUR?and McQuesten properties, located in the Mayo Mining ?EUR?district of Canada's Yukon territory, approximately 56 km northeast from the village of Mayo and 356 km north of Whitehorse.The properties, together referred to as AurMac, a...Read More
The proposed site for Alaska's Pebble mine, at the headwaters of the rivers that empty into Bristol Bay. Credit: jsear | Flickr Northern Dynasty Minerals (TSX: NDM) has welcomed a change of plan for its Pebble project in Alaska's Bristol Bay region, which would now include an all land-based transportation route to connect the proposed copper-gold-molybdenum-silver mine in southwest Alaska.Last Fr...Read More
Israeli billionaire Beny Steinmetz has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea.(Image taken from Beny Steinmetz's website) Billionaire Beny Steinmetz, the founder and owner of a company embroiled in a long-dragged dispute with Vale (NYSE: VALE) over lost rights to the massive Simandou iron ore project in Guinea, claims to have fres...Read More