The S&P/TSX Composite Index rose 0.75% to 15,713.82 during the July 6-10 trading week. The S&P/TSX Global Mining Index rose 5.06% to 95.05, and the S&P/TSX Global Base Metals Index climbed 8.12% to 99.07. Spot gold jumped US$24.20 per oz., or 1.36%, to US$1,798.60 per oz., and the S&P/TSX Global Gold Index rose 5.55% to 358.9.Steppe Gold (TSX: STGO) rose by 35.5% to $2.71 per share. The company up...Read More
TMX Group - TSX30 and Ivanhoe MinesRead More
The Digital Mine of the Future in Canada - Calin Miculescu, P.Eng, Director, Sales, NokiaRead More
TMX Group - Facilitating ESG DisclosureRead More
Russia kept fuel oil exports to the United States close to its record-highs in the first six months of this year, as Washington looks to replace the heavy Venezuelan barrels it stopped buying a year ago, traders said and data showed.Read full newsRead More
Jul 13, 2020 (CNW Group) --COMTEX_367993197/2669/2020-07-13T07:00:36 Is there a problem with this press release? Contact the source provider Comtex at...Read full newsRead More
BRAZIL-INDIGENOUS/MINING (INSIGHT, PIX, GRAPHIC):INSIGHT-Amazon gold rush: illegal mining threatens Brazil's last major isolated tribeRead full newsRead More
Great Bear Resources Ltd. today reported a return to pre-pandemicRead full newsRead More
MacDonald Mines Exploration Ltd. announces that, due to continuedRead full newsRead More
The TSX had been hanging around all-time highs when the first TSX 30 was announced. Last year’s inaugural recognition program brought strong-performing names to the fore during a record bull run. While the average investor usually looks at the top 20-30 names, the TSX 30 showcased ways to diversify a portfolio with less well-known businesses.With an average 329% share price appreciation in t...Read More
It might be pushing the limits of pro-activeness, but it’s never too early to think about taxes, especially if you are self-employed. If you hit a rough patch during the pandemic and had to receive CERB payments, remember that they are taxable as well, and that CRA will take its cut in next year’s taxes.It goes without saying, but if you have received CERB despite being ineligible, it&...Read More
Victoria Gold Corp.'s Eagle Gold Mine. Credit: Victoria. After declaring commercial production at the Eagle mine in Canada's Yukon Territory earlier this month, Victoria Gold has provided production guidance for the second half of this year - it expects to generate 85,000 oz. to 100,000 oz. of gold in the last two quarters at all-in sustaining costs of $950 to $1,100 per oz."Achieving commercia...Read More
Nature reserve at the Cobre Las Cruces mine. (Photo by First Quantum Minerals) Putting nature above business considerations has the potential to generate 395 million jobs and $10.1 trillion in business opportunities by 2030, the latest report by World Economic Forum (WEF) suggests.Unprecedented job losses and economic uncertainty following the outbreak of covid-19 have governments looking into wa...Read More
I spent the 4th of July surrounded by ghosts...No, I'm not talking about the Founding fathers or the American revolutionaries who lost their lives in the fight for Independence.I'm talking about the "Ghost Fleet of Mallow Bay".I woke up early Saturday morning to trek down to the Potomac River in Southern Maryland. My friends and I own a bucolic compound nearby, where we planned to spend the holida...Read More
Island Gold mine - Image courtesy of Alamos Gold Alamos Gold has released exploration results from its Island Gold mine in Ontario, which extend high grade areas at the Island East and Main zones, as well as at Island West.The majority of the notable intercepts in the latest release are from the E1E zone and confirm the vertical continuity of this area over up to 1.2 km, between depths of 300 me...Read More
The camp at Klaza. Image from Rockhaven. An updated preliminary economic assessment (PEA) for Rockhaven Resources' wholly owned Klaza project in the Dawson Range gold belt in Canada's Yukon Territory outlines a 12-year, combined open-pit and underground operation producing gold and silver dor?(C) as well as lead and zinc concentrates.With total payable metals production of 750,000 oz. of gold a...Read More
The Marmato project is located in the Caldas department in the heart of the Middle Cauca gold district, a region that has been exploited since pre-Colonial times by the Quimbaya people.(Image courtesy of Gran Colombia) Caldas Gold (TSXV: CGC) is raising aggregate gross proceeds of C$45 million (about $33m) after coming into agreement with a syndicate of underwriters led by Scotiabank and Canaccor...Read More
Here are five Fastmarkets stories you might have missed on Tuesday July 14 that are worth another look.Sims Metal Management, the world's top metal and electronics recycler, is to lay off up to one-fifth of its UK workforce, Fastmarkets understands.Commercial vehicles led China's annual automotive output and sales in June, the China Association of Automobile Manufacturers (CAAM) said on July 10, e...Read More
The United States Court of International Trade (CIT) has ruled that President Donald Trump did not have the power to double the Section 232 tariff on steel imports from Turkey.The increase in the tariff - to 50% from 25% - was a violation of statutory procedures and of equal protection guarantees, the CIT stated in a 22-page ruling on Tuesday July 14. The ruling follows a complaint filed by US ste...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 14, 2020 The big question about America is how much more money the Fed can print while the government runs a program of borrowing money to infinity... before hyperinflation turns the fading empire into a fire pit. The debt-themed empire is in tatters already, but it has yet to become...Read More