Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
I was looking over some old notes this morning when I saw a data point that surprised me.This particular data point was only a year old, but it put a lot in perspective for me.The data point was this ...Based on IEA data, four percent of all new U.S. car sales in 2020 were electric.In 2030, according to data analysis from Bloomberg, more than 50% of all new car sales will be electric.This is mind-...Read More
Last weekend, Elon Musk posted the following tweet...After "the people" voted, something very interesting happened.The results of the poll showed more people wanted Musk to step down as CEO - and the market reacted.On Monday morning, Tesla (NASDAQ: TSLA) rallied.While it's obvious that a lot of folks on the left don't particularly like Musk anymore due to his political leanings, it's even more obv...Read More
For new investors, mining stocks can be an excellent gateway to learning about investing in general. Explore how and where you can buy gold stocks and more.Are you one of the many people who go through life with a vague curiosity about investing?Perhaps you think you'll get to it when you're older or when you have more disposable income. Maybe you see it as gambling and, although interested, you d...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpThis confirms the Anglo-Australian mining giant's intention to buy OZ Minerals, announced on 18 November, and follows a four-week due d...Read More
Look beyond market approach to project valuations: van ZylLeadership4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpM&A also remains the prime stock mover. Toronto-listed Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp"The Government will impose the export ban on bauxite ore and stimulate domestic bauxite processing and refining industry," he said.Read More
Gold has gained around $200 an oz after it fell to more than a two-year low in September this year on investor expectations that interest rate increases by the US Federal Reserve will moderate.Read More
(IDEX Online) - A flamboyant pastor who was robbed at gunpoint of $1m of jewelry during a live-streamed sermon has been indicted on fraud and extortion charges.Lamor Miller-Whitehead, 45, of Paramus, New Jersey, dubbed the Bling Bishop by newspapers, is charged with two counts of wire fraud and one count of extortion, all of which carry a maximum 20-year sentence. He's also charged with...Read More
(IDEX Online) - A new tracaeability check that will instantly confirm a diamond's country of origin from its Sarine ID number.Sarine, the diamond tech company behind the innovation, says traceability and sustainability have become just as important as an accurate 4Cs evaluation. Its Traceability Origin Check is being introduced as "a complimentary service for the natural diamond communit...Read More
(IDEX Online) - Gitanjali Gems, the company established by Mehul Choksi, the fugitive diamantaire, has been named India's biggest willful defaulter, with unpaid loans of Rs 7,848 crore ($947m). The Reserve Bank of India (RBI), has announced a Top 50 of "can pay, won't pay" borrowers.Gitanjali once had 4,000 points of sale, and more than a 50 per cent share of India's overa...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpProduction during the company's third quarter of this year, which runs to the end of November 2022, was impacted by a planned 5-week pr...Read More
"The government of Canada has determined the significant adverse environmental effects of the proposed Sukunka coal mine…could not be mitigated.Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpWith hundreds, perhaps thousands, of indicators tracking aspects of mining industry investment attractiveness, confusion comes easily.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade.Index futures moved lower following release of the updated U.S. third quarter annualized GDP growth report at 8:30 AM EST. Consensus was unchanged at 2.9%. Actual was growth at a 3.2% rate.Micron dropped $0.93 to $50.26 after reporting lower than consensus fiscal first quarter results. T...Read More
"Securing project finance is a very significant milestone for the Company, and we believe this agreement maximises risk-adjusted value per share for existing shareholders," Foran's executive chairmanRead More
Premium Nickel Resources (TSXV: PNRL) says drill results at its Selebi nickel-copper-cobalt project in Botswana advance the concept that two past-producing deposits there are connected at depth. The Toronto-based company acquired the project, 400 km north of the capital of Gaborone, in January and is aiming to find links between the Selebi north and south deposits, which are separat...Read More
The past few days have seen a flurry of activity in the lithium space, with four Canadian and Australian firms announcing acquisitions and earn ins.Li3 Lithium (TSXV: LILI) announced Wednesday that its 50%-owned Li3 Resources has earned a 50% interest in the Mutare lithium project in eastern Zimbabwe through its US$250,000 funding of initial exploration at the site.Li3 Resources has until Dec. 31...Read More
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has signed an investment contract with the government of Ecuador on its 100%-owned Warintza copper-gold project, which president and CEO Daniel Earle says "provides a foundation of certainty" and represents a "major milestone" for the company.The investment contract ratifies the Investment Protection Agreement announced in June and "significantly" de-ris...Read More
Nuton, a Rio Tinto (ASX: RIO; LSE: RIO; NASDAQ: RIO) venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources (TSXV: REG; US-OTC: RGLSF) for US$15 million.Nuton's technologies have the potential to process arsenic-bearing copper sulphides with a lower carbon footprint and less impact on water resources than traditional concentrator proc...Read More
Canada has rejected Glencore's (LSE: GLEN) proposed open-pit Sukunka coal mine project near Tumbler Ridge in British Columbia on environmental grounds.The coal mine, 55 km south of Chetwynd and 40 km west of Tumbler Ridge, would have produced three million tonnes of hard coking coal per year.The metallurgical coal mine would have had a mine life of up to 20 years, and a coal handling and processin...Read More