Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond's main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped the buy would help it diversify its portfolio away from Lesotho, where...Read More
Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country's east coast. The Australian miner, which fought hard to stay in Malaysia under certain conditions that needed to be fulfilled by September this year, said the licensi...Read More
The Dow Jones Industrial Average fell 395.3 points or 1.11% to 35,120.08 and the S&P 500 lost 26.33 points or 0.59% to finish the trading week at 4,441.67. Spot gold climbed US$1.00 per oz. to US$1,780.70 per ounce.Franco-Nevada dropped US$13.54 per share to US$141.34 share on no corporate news. The gold-focused royalty and streaming company reported second-quarter results on August 11. The comp...Read More
The S&P/TSX Venture Composite Index fell 58.55 points or 6.34% to finish the August 16-20 trading week at 864.51. Spot gold fell US$1.00 per oz. to US$1,780.70 per ounce.Shares of Neo Battery Materials rose 17 ? to 78 ?. The junior announced it had successfully produced the first prototype of silicon (Si) anode active materials and sent samples to partners for cell evaluation and electrochemical c...Read More
The S&P/TSX Composite Index fell 179.1 points or 0.87% to finish the August 16-20 trading week at 20,339.00. The S&P/TSX Global Mining Index dropped 7.48% to 100.51 and the S&P/TSX Global Base Metals Index plunged 10.06% to 158.84. The S&P/TSX Global Gold Index lost 3.01% to 281.16 and spot gold dipped US$1.00 per oz. to US$1,780.70 per ounce.Shares of Argonaut Gold rose 16 ? to $2.99 per share on...Read More
Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is exploring for uranium and vanadium deposits in the Patagonia region of southern Argentina, where it holds 400,000 hectares of prospective tenements.The Canadian junior's flagship project is its 100%-owned Amarillo Grande project in Rio Negro province, about 25 km north of Valcheta City.Nikolaos Cacos, the junior explorer's president and CEO, describe...Read More
First Quantum Minerals' (TSX: FM) subsidiary Minera Panam?? issued a communiqu?(C) over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the concession of its Cobre Panam?? mine.In the statement, the company said management is prepared to start the process as soon as local authorities are ready to engage. It also emphasized that its operations are u...Read More
The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxel??sund to its first customer, Volvo Group.The product was manufactured in northern Sweden, using the Hybrit technology, which was developed by SSAB in partnership with iron-ore miner LKAB and utility Vattenfall. The technology uses 100% fossil-free hydrogen instead of coal and coke.Volvo has said that this...Read More
As the mining industry continues to dig up minerals needed to decarbonize the global grid, and pandemic restrictions ease, the need for ready access to mining and processing equipment is rising fast.Equipment is the lifeblood of any mining operation, and delayed deployment of the machines needed to ramp up operations can slow production and increase capital costs significantly; capital cost of equ...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDA plan to acquire a stake in the Canadian nickel industry has already run into a potential roadblock in the form of Australian iron ore billionaire, An...Read More
The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More
Andrew Forrest has long signaled he's interested in battery metals and has expressed ambitions to get into the business for years.Read full newsRead More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More
The executive chairman of Evolution Mining said bitcoin still has aRead full newsRead More
NV Gold Corporation The Company announced today an update on itsRead full newsRead More
Edgemont Gold Corp. is pleased to announce that field crews and dRead full newsRead More
Kinross Gold (TSX:K)(NYSE:KGC) is a well-managed Canadian gold company. In fiscal 2021, Kinross expects production to increase. The company expects this increase to be driven largely by life-of-mine extensions and projects, enhancements to productivity and operational efficiency, and exploration success identifying new ounces around existing operations.Record cash flow leading to increased financi...Read More
I have mentioned before that one doesn’t require significant capital to start investing in stocks. Instead, investors need a long-term mindset and the ability to participate in the stock market regularly. With long-term outperformance in the backdrop, let’s dig deeper into three TSX stocks that are trading cheap (under $10) and have multiple catalysts to fuel their growth.&n...Read More
The TSX’s mining sector offers cheap but excellent buys in Q3 2021. A $5 investment could significantly grow if invested in B2Gold (TSX:BTO)(NYSE:BTG) or Jaguar Mining (TSX:JAG). Both stocks are trading at deep discounts, although the return potentials in the next 12 months could be 95% or more based on analysts’ price forecasts.The basic materials sector has replaced energy as the und...Read More
Here are five Fastmarkets stories you might have missed on Tuesday August 24 that are worth another look....Read More