Key data from the pricing session in London on Wednesday May 13. Key drivers Market sources are indicating a slight uptick in inquiries for summer or fourth-quarter delivery, although the spot market remains relatively thinly traded. Weak demand is keeping...Read More
Spot-market prices for cobalt sulfate in China have risen this week on better sentiment after an inquiry for a large tonnage emerged last Friday, although the logistics restraints on the movement of cobalt raw materials remained.Fastmarkets assessed the price of cobalt sulfate, 20.5% Co basis, exw China, at 44,000-45,000 yuan ($6,194-6,335) per tonne on Wednesday May 13, up by 1.1% from 43,000-45,...Read More
Canadian authorities may launch a national security review of the imminent merger between Endeavour Mining (TSX: EDV) and Semafo (TSX: SMF), which would create West Africa's top gold producer.The proposed deal would bring together six mines into one portfolio, with a combined production estimated at over 1 million ounces a year.In a financial update, Quebec-based Semafo said the director of invest...Read More
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has completed a preliminary economic assessment (PEA) for its Carlin vanadium project in Elko County, 10 km south of the town of Carlin in north-central Nevada."Getting to the PEA level for Carlin was a significant milestone for us and is a key part of the process for unlocking the value of the project," Paul Cowley, the company's president and CEO, said...Read More
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has emerged as the latest suitor eyeing Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) in a recently tabled three-way merger proposal that includes its 19%-owned Gold X Mining (TSX-V: GLDX; US-OTC: SSPFX) to create a new mid-tier, South America-focused gold producer with operations in Colombia and Guyana.Gran Colombia's offer of 0.142 of a share for each G...Read More
Iamgold (TSX IMG; NYSE: IAG) reported high-grade assay results from a drilling program on the Rouyn gold project in Quebec, 4 km south of Rouyn-Noranda and 45 km southwest of its Westwood mine.The assay results came from the Astoria area and the Lac Gamble Zone on the project, optioned from Yorbeau Resources (TSX: YRB) in 2018.Iamgold said that material extracted from the Lac Gamble zone graded 27...Read More
Australia's Lucapa Diamond (ASX: LOM) has recovered a 171 carat gem-quality stone from its prolific Lulo mine in Angola, which was restarted in early May.The miner said the white diamond is the 15th 100-plus carat it has recovered to date from Lulo, and the second 100-plus carat precious rock found in 2020.The diamond was recovered from mining block six, where five other 100-plus carat diamonds ha...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesIt seems there is nothing more dangerous than the awful combination of boredom, ignorance, and social me...Read More
Consultation launched as Australia starts to map its bioenergy future The Australian Renewable Energy Agency has started to develop a bioenergy roadmap. This was called for by the government late last year in the wake of the devastating wild...Read full newsRead More
"San Marco Intercepts Shallow Gold at Buck Property; 91 Metres of 0.80 g/t AuEq Within 156 Metres of 0.63 g/t AuEq and 81 Metres of 0.78 g/t AuEq Within 200.7 Metres of 0.51 g/t AuEqRead the News Release here: https://t.co/pJPXGNgW7W"Read full newsRead More
Silver Viper Minerals Corp is pleased to announce that it has entered into a letter of engagement with Eight CapitalRead full newsRead More
Rio Silver is pleased to announce that it has closed the previously announced non-brokered private placement for gross proceeds of $160,000.Read full newsRead More
In this day and age, you may be wondering what the best asset or TSX stock to invest in is. There is a tonne of uncertainty and no guarantees when putting your money in the stock market today.Despite a market rally in the last few weeks, there is nothing to stop the market from selling off once again.And when you consider that nobody knows how much our economy will be affected and the duration of...Read More
The TSX Composite Index has risen consistently for the last two months. Many top TSX stocks have shown a notable surge from their record lows in March. However, it will be interesting to see whether these stocks could maintain gains. Rising recession fears and uncertainties on the pandemic front pose a significant threat to the current market rally.So, how can investors protect their portfolios fr...Read More
For the last two years, I have been writing about adding gold to your portfolio to protect against economic uncertainty. These stocks have done very well, doubling or more over the past year. Continued strength in gold prices should continue to drive prices higher in the coming months or even years.That is great for people who’ve invested early on, but it does not help curious investors deci...Read More
Superior's Fusion Platform system. Credit: Superior Industries. Superior Industries, a manufacturer and global supplier of bulk material processing and handling systems, is offering a new series of modular plants for aggregate crushing, sorting, sizing and washing applications.Known as Fusion Modular Platforms, these pre-engineered, ready-to-build systems still allow customization to achieve best...Read More
Aerial view of the Windjammer gold zones at Moneta's Golden Highway project in northern Ontario. Image from Moneta. Stepout drilling is expanding Moneta Porcupine Mines' Windjammer South deposit, part of its Golden Highway project, 110 km east of Timmins, Ontario.The company released four drill holes totalling 2,115 metres from the project that extended gold mineralization over 500 metres west a...Read More
Canadian Malartic mine in Quebec is currently on care and maintenance. Image from Agnico Eagle. Wordwide, mining companies are facing disruptions in supply chain, parts and consumables as a result of near-global government directives to contain the covid-19 pandemic. Suspension or reduction of mining activity isexpected to lead to lower guidance from companies, according to EY's Q1 miningperform...Read More
Exploration camp at Fisher before the 2017 burn. Credit: Taiga Gold Corp. Taiga Gold (CSE: TGC) has received a report from SSR Mining (TSX, NASDAQ: SSRM) containing partial drill results for the Q1 2020 drill program on the Fisher property, which is wholly owned by Taiga and under option to SSRM.The Fisher project is located 125 km east of La Ronge, Saskatchewan, contiguous to the north, south an...Read More
Mother Lode project. Image courtesy of Corvus Gold. Corvus (TSX:KOR) shares traded up 10% on the TSE on Thursday after the company announced a new discovery below its Mother Lode deposit in Nevada.The company discovered the CIZ zone, an oxidized intrusive dyke swarm below the Mother Lode late last year hitting 50.3m at 1.5 grams per tonne gold, followed by 41m at 1.6 grams per tonne in January.Co...Read More