The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the cornerstone Candelaria copper-gold mine in Chile.Lundin says it will be adjusting the near-term mining sequence in Phase 10 of the Candelaria open pit for the second half of the year, which will impact the volume of direct or...Read More
Gold Royalty (NYSE-AM: GROY), which went public in March and has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC: ELYGF) in a deal valuing Ely at about $300 million.Ely Gold Royalties is focused on Nevada and has royalties on three of the state's largest gold mines- Jerritt Canyon, Gol...Read More
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage.The updated resource includes the Whistle, Island Mountain, and Raintree West gold-copper deposits and has delineated 118.2 million indicated tonnes grading 0.51 gram gold per tonne, 2.19 grams silver per tonne, an...Read More
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus may drive it to levels even higher than what was predicted in pre-pandemic forecasts.The rest of the world, however, will continue to work towards recovering last year's losses, particularly because Covid-19 remain...Read More
As the clean energy sector continues to drive copper demand, new sources of supply are being increasingly sought, and Canadian companies are leading the hunt to find more of the metal at home.Ontario-based project generator Rich Copper Exploration is one of these, and is focussing on projects in the northern part of the province, as well as on Canada's east coast. The privately held junior's holdi...Read More
E3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpLake making waves with cleaner lithiumSPONSOREDlake resourcesMRC's Skaland is a jewel cut for a European graphite crownSPONSOREDmineral commoditiesMarimaca explains its plans to develop and expand its namesake projectSPONSOREDmarimaca copperThat might sound like a desperate attempt to inject a bit of colour in...Read More
Since it began operating as a project generator in 2005, Vancouver-based project generator Strategic Metals (TSXV: SMD) has maintained its focus on researching and exploring an ever-increasing portfolio of high-quality assets that span a wide range of commodities and deposit types.After beginning in Canada's Yukon, Strategic Metals slowly expanded its exploration work to now include assets in nort...Read More
About four months into the planned two-year construction of Argonaut Gold's (TSX: AR) new cornerstone Magino project in northeastern Ontario, smooth progress and encouraging new exploration results have CEO Peter Dougherty in a forward-thinking mood.While Argonaut is crossing off early construction milestones at the $480 to $510 million mine build, the company continues to report high-grade gold i...Read More
Crowdfunding proves fruitful once again for UK lithium juniorRead full newsRead More
Markets downbeatRead full newsRead More
FPX Nickel CEO Martin Turenne explains why nickel can be considered the ultimate battery metal.He provides a nickel market update as well as a FPX Nickel (...Read full newsRead More
The very people tasked with clamping down on and regulating Zimbabwe's illegal gold industry are some of its biggest beneficiaries, according to a recent report by the Southern Africa Resource Watch (SARW).Read full newsRead More
Sudan on Thursday signed nine concession agreements for gold and copper mining with eight local and foreign companies, the state news agency SUNA said.Read full newsRead More
TriStar Gold Inc. is pleased to announce that Nick Appleyard will be presenting a corporate update in a live webinar taking place on Wednesday, June 23rd at 12pm PT / 3pm ET.Read full newsRead More
Tempus Resources Ltd is pleased to provide an update of the drillRead full newsRead More
Metal mining companies have seen a big selloff in the last couple of weeks due to a sharp drop in gold and silver prices. However, inflation worries could help the yellow metal recover fast in the coming months. That’s why some experts expect gold prices to reach new heights in 2021 itself. For example, Australian equity research firm Fat Prophets’s resource analyst David Lennox expect...Read More
Volatility is starting to pick up in the markets in a big way right now. Indeed, in this environment, finding great long-term buy-and-hold opportunities can be difficult.However, there are always companies out there that provide a nice mix of growth and value. In this article, I’m going to discuss two of the top such opportunities on the TSX.Let’s get to it.Manulife FinancialIn my view...Read More
It's a well-known fact that Alexander Graham Bell invented the telephone. We're taught it in elementary school. The Bell Telephone Company became one of the most successful businesses in American history. There is even a crater on the Moon named after the guy!It all started in 1876 with Bell's patent for the telephone - U.S. Patent No. 174,465 - widely considered to be the single-most important pa...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 22 that are worth another look.Domestic prices for hot-rolled coil in Europe remained in a wide range on June 22, with some buyers ready to accept high prices for material with shorter lead times,...Read More
Aluminium premiums diverged again on Tuesday June 22, with Rotterdam premiums increasing, while the Japanese premium fell and the US premium was unchanged.Rotterdam premiums boosted by demand, logisticsMJP ticks down, South Korea unchangedUS Midwest premium steady for three weeksStrong demand, high freight rates boost Rotterdam premiumsPremiums in Rotterdam continued to climb, due to strong demand...Read More