The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the S&P/TSX Global Base Metals Index climbed 4.60% to 111.15. Spot gold rose US$8.80 per oz., or 0.45%, to US$1,948.90 per oz., and the S&P/TSX Global Gold Index dropped by 1.14% to 376.32.MAG Silver rose $2.66 to $23.36 per share. The company announced...Read More
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to 3,319.47. Spot gold climbed US$8.80 per oz., or 0.45%, to US$1,948.90 per ounce from the previous week.Vale was the most heavily traded stock of the week. The company informed its creditors on Sept. 14 that it will repay the outstanding balance of US$5 billion f...Read More
The S&P/TSX Venture Composite Index climbed 1.64% to finish the Sept. 14-18 trading week at 745.37. Spot gold closed the week at US$1,988.90 per oz., up US$8.80 per oz. or 0.45%.Shares of Aurania Resources jumped 86 ? to $4.78. The company announced that drilling has started at its Tsenken N2 copper-silver target at its Lost Cities - Cutucu project in southeastern Ecuador. The company is using a l...Read More
A recent article Gates, Bezos-backed firm searching for cobalt in Canada (www.mining.com, Jul. 7, 2020), highlighted some of the recent positive events for cobalt exploration in Canada and a company that these tech gurus have formed, KoBold Metals.KoBold Metals is a start-up mining venture set to explore for cobalt in Canada, one of the most prolific mining regions in the world. Not only does Can...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldThe event, which coincides with the annual meeting of Tesla, is an opportunity for Musk to promote his range of electric vehicles and trot out pla...Read More
Gold's strong run is taking Canada's equity benchmark back to its mining roots.Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
(Kitco News) - Gold mine development provides growth potential for steaming companies - Maverix MetalsRead more on 'Kitco'Read full newsRead More
Fitch Solutions says global gold production will increase from 106moz in 2020 to 133moz by 2029.Read full newsRead More
Loop Insights Releases September Company UpdateRead full newsRead More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
Omni Commerce Corp. (Read full newsRead More
This release covers the last 20 holes as results from the first 14 holes were reported on July 30, 2020.Read full newsRead More
In late 2019, I’d discussed the possibility that the spot price of gold could rise above $2,000 per ounce. Indeed, the yellow metal managed to reach this incredible milestone this past summer. The historical crisis, spurred by the COVID-19 pandemic, played a key role in its rise. However, momentum has since tapered off, and it is now hovering around the $1,900/ounce mark. Today, I want to di...Read More
In the last few years, both gold and TSX gold stocks have been on a major rally. The metal has gotten a lot of attention this year since the start of the coronavirus pandemic. However, the massive rally actually started back in 2019.The precious metal already had good momentum coming into 2020. And then on top of that, it’s been one of the industries that have seen a positive effect due...Read More
The TSX30 just had its first birthday. Last year saw the inaugural showcase for the top-performing TSX stocks in terms of share price. This year’s list was striking not for its differences but for its similarities. While the names got reshuffled, the themes were familiar. Let’s take a look at what made the list and how it compared with last year’s roundup of rocketing stocks.No b...Read More
Sep 22, 2020 Guest(s): Brooke Macdonald CEO, Cornerstone Capital Resources Cornerstone Capital Resources (CVE:CGP) said it is the founding partner of Cascabel, the only available tier-one copper-gold asset in the world not controlled by a major mining company. Kitco News spoke to Cornerstone's CEO, Brooke Macdonald, earlier this month. "The Cascabel concession contains probably the largest gol...Read More
Sep 22, 2020 Guest(s): David Rosenberg Chief Economist & Strategist, Rosenberg Research & Associates U.S. equity markets saw a sharp sell-off Monday and while volatility will remain high, one economist said that the bubble can continue to grow as the Federal Reserve continues to pump liquidity into financial markets. While gold will continue to play an important role in investor portfolios, Davi...Read More
Sure lots of talk and chatter about the "Green New Deals" lately. I guess it's those who within society want to do away with fossil fuels and power everything green. In the last few months you can tell by the stock prices of companies like Tesla that have gone through the roof that a lot of people are jumping onto the alternative energy bandwagon. Of course all these new alternatives still require...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 22 that are worth another look.Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.Read More