The Northern Miner and sister company MiningIntelligence have put together a list of the top ten Canadian operators in the countries that make up the South American Cordillera. Their order or ranking is based on market capitalization as of May 27.The list encompasses those companies with open-pit or underground mines in Argentina, Bolivia, Chile, Ecuador and Peru.Commodities include copper, gold,...Read More
Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn't already own in junior miner INV Metals (TSX: INV), which owns the advanced-stage Loma Larga gold project in southern Ecuador.As part of the deal, Dundee will buy each of the issued and outstanding common shares of INV Metals it does not currently own for 0.0910 of...Read More
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country's second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview.On February 22, the Canada-based company published a new National Instrument 43-101 resource estimate update on the project, essentially doubling the indicated and inferred resource categories to ju...Read More
President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans to use other indigenous lands for commercial agriculture and mining.In a video released late on Sunday, the former Army captain is seen talking to indigenous leaders in Maturac??, an Amazon village at the western...Read More
The Dow Jones Industrial Average rose 0.94%% to finish the week at 34,529.45 and the S&P 500 advanced 1.16% to 4,204.11. Spot gold gained US$22.80 per oz., or 1.21%, to US$1,903.50 per ounce. Nutrien climbed US$2.19 to US$62.15 per share. Canada's Globe and Mail newspaper reported the company is in talks with BHP Group about a potential US$5 billion joint venture on BHP's Jansen potash mine in...Read More
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals Index surged 4.04% to 175.51. Spot gold increased by US$22.80 per oz., or 1.21%, to US$1,903.50 per oz., and the S&P/TSX Global Gold Index fell 0.25% to 332.35.Ivanhoe Mines was the second most actively tr...Read More
JUNEAU, Alaska (AP) - A proposed gold mine in western Alaska has won a key approval,...Read full newsRead More
TRU announces the start of its summer 2021 exploration program across its district-scale land package in the Central Newfoundland Gold Belt.Read full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - May 31, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More
American Eagle Gold (AE: TSXV) has launched its campaign on the Investing News NetworkRead full newsRead More
The pandemic has provided whip-sawing stock prices this past year. Accordingly, investors may be enticed to steer clear of the economic turmoil and seek greater defensiveness and diversification.Well, these three stocks provide these factors in spades. Here’s why I think these three stocks deserve a hard look by long-term investors today.Alimentation Couche-Tard Alimentation Couche-Tard (TSX...Read More
The economic reopening following a year-long pandemic signals things seem to be moving in a positive direction. Accordingly, many investors are now switching to more aggressive names, as inflation concerns are brushed off by the market today.That said, it’s always a good idea to have a stable of defensive value picks in one’s portfolio. In this article, I’m going to highlight two...Read More
While markets continue to make new highs, some Canadian names are still trading way lower than their peaks. These top TSX stocks offer ample growth potential for long-term investors.Maxar TechnologiesInvestors who believe space technology will be a booming area a few years from now can consider Maxar Technologies (TSX:MAXR)(NYSE:MAXR). The stock has plunged almost 50% in the last three months on v...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 1 that are worth another look.Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as "the dumbest experiment in human history."German carmaker Volkswagen will halt...Read More
The first proposed draft on scrap shipment regulation revisions in Europe will come out in a few weeks, with more restrictions on the free flow of secondary metal raw materials expected, panelists said at the Bureau of International Recycling (BIR) Convention, which started on Monday May 31.The biggest point of uncertainty is whether the European Commission (EC) will stop the export of both unproc...Read More
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as "the dumbest experiment in human history."Not everyone will agree with his assessment of the petroleum, gas and coal sectors, which have powered the world's growth for decades. Nonetheless, the twin goals of supply chain security and sustainability are now driving a t...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 1, 2021 For citizens of the world, is the death of fiat currency becoming... the new normal? Please click here now. Double-click to enlarge what is obviously the most important chart for currency investors... the long-term dollar versus gold chart. The relentless decline of US libert...Read More
McClellan Financial Publications, IncPosted Jun 1, 2021May 28, 2021There is a big lump in the births data that is relevant to the current situation in the real estate market. Home prices as of March 2021 are up 13.2% from a year earlier, according to the Case-Shiller Index.And actually the correct name of that index is the "S&P CoreLogic Case-Shiller National Home Price Index", which does not...Read More
Key data from the pricing sessions in Asia, Europe and the United States over the week to Tuesday June 1.China Producers, under increasing cost pressure, looked to increase UG2 chrome ore prices after sentiment strengthened following higher-than-expected ferro-chrome tender prices but little liquidity has been realized yet.China's major stainless-steel mills set their ferro-chrome tender prices a...Read More
The company is offering 5.1 million shares at A$3.95 each, around 9% of the company, to raise up to $20 million. The offer comprises 3.Read More