This week's episode features highlights from the ground-breaking ceremony for Iamgold's C??t?(C) gold project in Ontario. Speakers at the event included Prime Minister Justin Trudeau, Premier Doug Ford and Mattagami First Nation Chief Chad Boissoneau, all of whom emphasized the high paying jobs that would result from the project. The speakers also discussed how the mining industry could play a rol...Read More
The future of the Ekati diamond mine in Canada's Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.Dominion Diamond reported on Oct. 9 that three insurance companies - Aviva Insurance Company of Canada, Argonaut Insurance and Zurich Insurance - had reached "an...Read More
Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada's Nunavut territory, an association that mirrors what can be found in South Africa's Witwatersrand Goldfields.The Witwatersrand Goldfields comprise the world's biggest gold deposit, responsible for more than 40% of the gold ever min...Read More
BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous sites leading up to a vote on the matter in Wednesday's annual general meeting.The move follows increased pressure on miners to protect cultural landmarks after Rio Tinto (LON: RIO) blasted a 46,000-year-old sacred site...Read More
According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal's use in widespread applications, from power generation and electricity distribution to iPhones.Since the end of March, the price of the base metal has recovered remarkably well, rising from barely US$4,900 per tonne to over US$6,60...Read More
Oct 15, 2020 With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence."If you're at the zero bound, and the Fed has been at the zero bound for much of the last decade, if you're at the zero bound, the only discussion you're really...Read More
(Updates prices) By Peter Hobson LONDON, Oct 12 (Reuters) - Copper touched a three-week highon Monday as demand from top consumer China and the threat ofstrikes by miners in Chile pushed prices closer to 27-monthhighs reached in September, though a strengthening yuan limitedgains. Benchmark three-month copper on the London MetalExchange (LME) was down 0.2% at $6,748 a tonne at 1600 GMT aftergoing...Read More
Macquarie Group Ltd. has vaulted to second place for dealmaking in Australia and New Zealand after advising on gold miner Northern Star Resources Ltd.'s acquisition of Saracen Mineral Holdings Ltd. this week.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
Here are five Fastmarkets stories you might have missed on Friday October 9 that are worth another look.Brazilian iron ore producer Vale will enter into a 50:50 joint venture with China-based Ningbo Zhoushan Port Co to double capacity at the Shulanghu port in the eastern Chinese city...Read More
It’s been an unusual start to the week — but then, what’s usual about this year? Still, to see cannabis stocks and gold stocks going up at the same time gives some insight into the nature of this market. Let’s take at look at this very unusual Canadian Thanksgiving market snapshot and see what it might be able to tell us about the rest of the year ahead.Which stocks are goi...Read More
Whenever Warren Buffett speaks, it pays ample dividends to listen up. And whenever the man buys a stock, investors should take the move as a macro hint as to where the biggest opportunities may lie at any given instance. The man we know as the Oracle of Omaha may be 90 years of age. However, he’s still as patient as ever and is willing to hang onto an undervalued investment until Mr. Market...Read More
Investing in 2020 has taught us several lessons. It has shown us the fickle nature of the stock market after the unprecedented sell-off witnessed in March 2020. The S&P 500 Composite Index and the TSX lost close to 36% in just over a month. However, soon after, investors also witnessed the strongest rebound from bear market lows over the next six months.While it is impossible to time the marke...Read More
The quick recovery in equities despite the coronavirus’s continued spread led many to believe that stock markets could crash again. The argument might hold given the uncertainty and a resurgent virus in the background. However, the significant amount of liquidity poured into the economy through massive stimulus packages and the gradual recovery in demand suggests otherwise. While the tr...Read More
Black Iron plans to split the total figure into US$200 million of equity and US$300 million debt.Read More