Sirios announces the temporary suspension of all its exploration field work, in compliance to the directives of the Quebec government.Read full newsRead More
Steppe Gold Limited is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia.Read full newsRead More
Emgold Mining Corporation announces that, subject to regulatory approval, it has retained futurum bank AG?,,? to initiate market-making services.Read full newsRead More
Red Rock Resources (LSE:RRR) has said it sees " upside potential rather than a potential for more downside surprises" as the world continues to move throug...Read full newsRead More
"VIDEO - Expect more M&A activity in the #mining space this year - and not just in #gold, @RedCloudSec analysts said at #PDAC2020. Watch the interview at https://t.co/3csZn5rng6 #INNatPDAC #investing"Read full newsRead More
Sometimes it pays to keep an eye on the news Stateside. During the coronavirus market crash is definitely one of those times. Morgan Stanley has predicted a 30% growth slowdown in the U.S. in the next quarter. Canadian investors may very well conjecture that this is likely to have a direct effect on our own economy.The multinational banker did have some good news, however. A return of the Great De...Read More
Each sector in the stock market has its own “personality.” Some sectors are aggressive movers. They move up and down relatively more quickly, fluctuating the market. Some sectors are stagnant, and some move contrary to the broader market conditions. Similarly, some stocks survive market crashes and corrections better than others.A golden companyFranco-Nevada (TSX:FNV)(NYSE:FNV) is a To...Read More
Typical hematitic sheeted auriferous gold veins from the North Lake project. (Image: MAS Gold). A maiden mineral resource for MAS Gold's North Lake deposit in Canada's Saskatchewan province, within the La Ronge gold belt features 14.1 million tonnes grading 0.92 g/t gold for a total of 417,000 oz.MAS holds a total of 338 sq. km of ground within four properties in Saskatchewan's La Ronge belt. B...Read More
Black Fox gold mine near Timmins, Ontario. (Image courtesy of McEwen Mining) After announcing a temporary suspension of operations until at least March 31 at its 49%-owned San Jos?(C) mine in Argentina late last week due to Covid-19, McEwen Mining reported today it will also be suspending production at its Black Fox mine in Ontario and Gold Bar in Nevada. That leaves only the company's small El...Read More
There happen to be a variety of ways that one can choose to gain exposure to precious metals like gold. Those who have not yet added gold to their portfolio may not know where to start.In this article, I’m going to discuss the pros and cons of different forms of gold investing.Buying physical goldThe old school way to invest in gold, buying physical gold coins, bars or even jewelry as a long...Read More
Mine safety monitoring Credit: IDS Georadar. Worldsensing and IDS GeoRadar, both in the monitoring technology space, cooperated to launch a comprehensive mine safety monitoring system. The integrated system will be the first in the world to offer surface, sub-surface and geospatial monitoring in a single package, simplifying contracting and deployment. The software will exploit Worldsensing's L...Read More
Adobe Stocks Key moves in the Canadian mining sectorMathieu Piche has joined the board of Black Tusk Resources with Alex Klenman resigning as a director.Peter Dickie and Neil McCallum have been appointed to the board of Bluebird Battery Metals. Peter Dickie is also now the company's president and CEO, replacing Nav Dhaliwal, who has resigned from the company.David Watkins has joined...Read More
US coal-fired plant. Stock Image. US domestic demand for thermal coal will fall in the near term as individual states shut down much of the industrial economy to try and stem the coronavirus pandemic, and as slowing economic activity cuts US electricity demand in the second quarter of 2020, Moody's Investors Services said Thursday in a research note, adding that it expects an unprecedented shock...Read More
Here are five Fastmarkets stories you might have missed on Thursday March 26 that are worth another look.China's electric-arc furnace mills have gradually raised production rates in the past three weeks following stronger demand for steel products.A major aluminium producer has concluded multiple deals with Japanese consumers for April-June delivery to main Japanese ports (MJP) at a premium on a c...Read More
The three-month price of lead on the London Metal Exchange was the standout performer at the close of trading on Thursday March 26, climbing by just over 3% to close at its highest level since March 16, while copper futures found support above the $4,800 per tonne threshold.Lead's underlying price on the LME closed at $1,685 per tonne, an increase of more than 3% from its intraday low of $1,635.50...Read More
Sumitomo will temporarily stop operations at its Minera San Cristobal zinc-lead mine in Bolivia due to national restrictions imposed to contain the spread of the Covid-19 virus.On Thursday March 26, Sumitomo published a statement online, which said that it had decided to suspend operations due to all-day or night curfews being imposed in...Read More
Here are five Fastmarkets stories you might have missed on Thursday March 26 that are worth another look.China's electric-arc furnace mills have gradually raised production rates in the past three weeks following stronger demand for steel products.A major aluminium producer has concluded multiple deals with Japanese consumers for April-June delivery to main Japanese ports (MJP) at a premium on a c...Read More
China's exports of ammonium paratungstate (APT) plunged in the first two months of 2020 due to fewer trading days amid extended national holidays due to the novel coronavirus (2019-nCoV) outbreak.China exported around 170 tonnes of APT in January and February, a decline of 67% from the 521 tonnes shipped in the same period of 2019, according to official but unconfirmed data seen by Fastmarkets.The...Read More
Petra Capital is acting as lead manager and bookrunner to a two-tranche placement priced at 18c per share, a 23.4% discount to yesterday's close. The offer closes tomorrow afternoon.Read More
Through Resolution 28, the agency has suspended the submission of defenses, evidences, oppositions and appeals in administrative proceedings with respect to infraction, occurrence and collection of revenues related to financial compensation for mineral exploration, inspection fee and fines; and any other term established in the Brazilian Mining Code.The suspension will not apply to obligations and...Read More