Equities across the globe were relatively quick to recover post-COVID-19 crash. Canadian broader markets managed to surge around 45% since its record lows in March, marking one of the grand upturns of all time.However, there are some TSX stocks that soared far beyond broader markets. One of them is Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS). The stock has soared 216% since the epic coronavi...Read More
Image by Jo Johnston from Pixabay. MAJOR, a manufacturer of high-performance wire screening media, is offering aggregate and mining producers access to the company's free virtual training series to help operations optimize efficiency and team learning amid the conditions caused by covid-19.The on-demand webinars provide practical tips involving screen media, screen boxes and the screening process...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Barrick sees 15% drop in Q2 gold output - Read moreCovid-19 disrupts $8.8 billion of global mining output - Read moreESG to play a greater part in post-covid mining - Read moreNorthern Dynasty expects final Pebble EIS next week - Read moreFirst rare earth firm in decade to go p...Read More
1980 Marathon C-300 Electric Car by Marathon Electric Car Ltd. of Montreal, Quebec, Canada. US sales outlet was Marathon Electric Vehicles of Falls Church, Virginia. Image: Alden Jewell. Car sales are running at least 20% below 2019 levels with annualized June figures pointing to a 2020 light vehicle market of 76.6 million units. At the same time, electric vehicle penetration rates continue to c...Read More
Round Top rare earths project is located outside El Paso, Texas. Image from USA Rare Earth. Geomega Resources, (TSX:V.GMA) a rare earth clean technologies developer, and USA Rare Earth, the funding and development partner of the Round Top Heavy Rare Earth project in Texas, announced Thursday that they have entered into a Letter of Intent (LOI) to recycle rare earth-containing production waste fro...Read More
Pilot plant will have the capacity to concentrate 30 tonnes per hour of dry ore, using magnetic separation technology (Credit: Vale) Vale (NYSE: VALE) has launched in Minas Gerais, Brazil, a pilot plant with magnetic concentration of low-grade iron ore, without using water. The Brazilian technology, known as FDMS (Fines Dry Magnetic Separation), is unique in the world and was developed by New Ste...Read More
AIM-specialist Numis had built up a presence in the small-midcap mining sector, acting as UK broker to companies including Shanta Gold, Pan African Resources, Yellow Cake and Base Resources.Staff have been placed on a consultation period until the end of next week.An analyst from fellow broker SP Angel said the withdrawal "may reflect a lack of critical mass and expertise in the sector, high busin...Read More
COVID-19 shutdowns across southern Africa hit several of Anglo's business units, while the company also faced PGM processing issues, a gas explosion at its Grosvenor mine in Australia and challengingRead More
Mantashe, who turned 65 in June, is reportedly the country's first minister to test positive for the coronavirus.The office of the presidency said Mantashe and his wife Nolwandle, who had also tested positive, were in isolation and the minister would continue to work from home.It was the minister's third round of tests since the outbreak of the virus, the office said.Days earlier, when commenting...Read More
Share this articleTORONTO - Kirkland Lake Gold Ltd. says it will cut up to 255 staff positions due to a pandemic-related suspension of operations at its Holt Complex in northern Ontario.The Toronto-based company says it has reassigned about 220 of the complex's 475 workers elsewhere within its Canadian organization since the suspension began in April.However, Kirkland Lake Gold says it now believe...Read More
Share this articleTORONTO - Barrick Gold Corp. is reporting lower production of gold and higher costs at its mines in preliminary second quarter results.The Toronto-based miner says gold production in the three months ended June 30 fell by about eight per cent to 1.149 million ounces from 1.25 million in the previous quarter, mainly due to COVID-19 related disruptions at its Veladero mine in Arg...Read More
About 12 years ago, I decided to go vegan. Not for ethical or even health reasons -- I really just wanted to try it.I wanted to see what would happen...I wanted to experiment with new recipes within the confines of dietary restrictions.I wanted to see how it would affect my health, my mood, and my overall outlook on food...Truth is, it wasn't bad.I actually enjoyed much of the food that I made, s...Read More
Stefan Gleason, Money Metals ExchangeSummer doldrums? Not for precious metals markets!In early July, gold and silver each broke out to fresh multi-year highs. The yellow metal is within striking distance of new all-time highs and the headline worthy figure of $2,000/oz.The white metal, meanwhile, has a lot of catching up to do. And as it does, the gains in percentage terms could be explosive.Sil...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
By: Jan Nieuwenhuijs, Voima GoldResearch reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.In my view, the current fiat international monetary system is ending unconventional monetary policy has entered a dead end street and can't reverse. I...Read More
Gary Tanashian, NFTRHThe Continuum (monthly 30yr yield with the 100 month EMA 'limiter') simply states that the economy was weakening, as were inflation expectations, before 2020. In early 2020 we got a real deflationary jolt from which asset markets are still clawing back, with full frontal inflationary support from a Federal Reserve desperate to keep asset owners whole (and further enriched) a...Read More
Liberty Gold's latest drill results confirm the D-3 zone at its Black Pine project as a "significant new discovery." Liberty Gold Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that further drill results extended the high-grade oxide D-3 zone at its Black Pine project in Idaho. "The new drill results confirm that the D-3 Zone is a significant new discovery," Presi...Read More
Previously, I have shown how there were virtually no significant Silverrallies over the last 50 years during a period when the US Dollar index hasbeen rising.Betting on a silver rally when the US Dollarindex is in decline makes for great odds. There have been two significantSilver rallies in the last 50 years (marked out with rectangles on the chartbelow). During both of these, the US dollar...Read More