Citing "serious financial difficulty," Mountain Province Diamonds (TSX: MPVD) has again tapped its largest shareholder for a loan, this time adding a US$33 million term loan facility to its existing US$25 million revolving credit facility with Dunebridge Worldwide.Mountain Province owns a 49% interest in the Gahcho Ku?(C) mine in the Northwest Territories, operated by 51% owner De Beers. Dunebridg...Read More
Portugal's long-awaited auction of licenses to explore for lithium may have to wait until next year as the country faces some hurdles implementing a new mining law that grants municipalities more say in mining projects.The new set of mining rules, approved last October but only effective earlier this month, give local authorities the right to veto lithium projects and to 50% of the royalties paid...Read More
Canada's Lundin Gold (TSX: LUG) has reported record gold production for the March quarter, which marked a year since its Fruta del Norte gold-silver mine in Ecuador, the country's largest, kicked off commercial operations.The Vancouver-based miner churned out 104,137 ounces of gold in the first three months of the year, compared to 51,320 ounces in the same period of 2020, but only sold 81,805 ou...Read More
Bank expects mined supply to fall 5% year-on-year in 2021Read full newsRead More
Comfortably exceeded analyst forecastsRead full newsRead More
View this post on The Rational SpeculatorRead full newsRead More
$230/t in the frameRead full newsRead More
Knight Pi?(C)sold has extensive experience in environmental, bulk water supply, power, and heap leaching projects in Namibia.Read full newsRead More
Novo's focus is to evaluate, acquire and explore gold properties. The Company has an experienced management team in place, which has extensive expertise in identifying properties that have the best potential.Read full newsRead More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
The positive divergence now appearing on the benchmark gold stocks ETF price chart is a pattern that might be worth paying attention to.Read full newsRead More
Affinor's plan in Aruba is to produce food and cannabis sustainably and cost-efficiently in one of the best growing climates worldwide.Read full newsRead More
Canada Silver Cobalt Works CEO Frank Basa presented its Re-2Ox process to the Benzinga CleanTech conference on April 22, 2021.Going green in today's world is not without its...Read full newsRead More
Enjoy this session from the Benzinga Cleantech Small Cap Conference 2021 Featuring Frank Basa from Canada Silver Cobalt Workshttps://canadasilvercobaltworks....Read full newsRead More
“It’s never too late to do the right thing.” The quote is just as valid for investment decisions as it is morally. And it’s something value investors need to understand. Many value investors tend to opt for relatively subpar assets just because they might have an attractive valuation. They give up on potentially explosive assets because they tend to be overvalued for their...Read More
It's only been a couple weeks since I made the argument that the Fed has always been a political tool, and always will be.Let's talk about the dual mandate today. Then the unofficial third one. Then how it looks like it is abandoning one of them.I'm starting to think it doesn't have a choice, and it mirrors a classic long-term instability in physics - the "three body problem."Don't worry, I won't...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
Copper's price on the London Metal Exchange ended the week lower despite hitting an all-time record high on Monday May 10, with the rest of the complex was also down on the week despite slight rises day on day on Friday. The three-month copper price was down at $10,240 per tonne on Friday May 14 at the close, which is some 1% lower than Thursday's 5pm price of $10,342 per tonne. Copper traded at...Read More
Fastmarkets' copper concentrates treatment charge/refining charge (TC/RC) index rose marginally in the week to May 14.Deals to smelters were reported in the mid $30s per tonne while bids came in at the high $30s to low $40s, with major Chinese smelters still carrying out...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More