Ontario is a world-class destination for the mining industry. Here's a list of eight companies with interesting projects to follow.AURCREST GOLDAurCrest Gold (TSXV: AGO; US-OTC: TBMIF) is one of the few exploration companies with Indigenous ownership and leadership. President and CEO Christopher C.J. Angeconeb is a member of the Lac Seul First Nation, which also holds an equity stake in the compan...Read More
Quebec graphite developer Nouveau Monde Graphite (TSXV: NOU) has joined the Global Battery Alliance, an initiative of the World Economic Forum that aims to establish a circular and sustainable battery value chain - a key part of the transition to a lower-carbon economy.The organization has around 70 members, including NGOs, government groups and international organizations, battery manufacturers,...Read More
Iamgold (TSX: IMG; NYSE: IAG) has suspended convoys to and from its Essakane gold mine in Burkina Faso near the border with Niger, after gunmen attacked a convoy travelling to the operation today. The company said no passengers were hurt. One police officer was injured while the convoy's security repelled the gunfire, but he's in a stable condition, the Toronto-based miner said. Militant violenc...Read More
A group of rare earth industry players have sent a letter to the U.S. Congress urging lawmakers to pass bipartisan legislation to incentivize the domestic manufacturing of permanent rare earth magnets.NioCorp Developments (TSX: N.B.; US-OTC: NIOBF) participated in the lobbying, urging leaders in the U.S. House of Representatives to support bill HR 5033, co-sponsored by Representatives Eric Swalwel...Read More
Centerra Gold (TSX: CG) says there is at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and "abnormally" large amounts running down the pit walls, which could lead to catastrophic events. The Toronto-based miner said that in the three months the former Soviet nation has been running the mine, the pit has flooded with more water than they have ever seen...Read More
Integra Resources (TSXV: ITR; NYSE-AM: ITRG) plans to update the resource estimate and complete a prefeasibility study on its DeLamar project before the end of the fourth quarter and in the meantime continues to release high-grade results from the project in southwestern Idaho.The project, 160 km from Boise, consists of two past-producing mines, DeLamar and Florida Mountain, which shut down in the...Read More
The country sits atop what could be one of the world's largest reserves of various metals and minerals, including not just gold but also platinum, silver, copper, iron, aluminum and uranium.Read full newsRead More
Vinci Capital Group - Striking Gold The Vinci Capital Group is a BVI based company with subsidiaries in Asia focused on gold and copper. The Vinci Capital Group co-owns mining exploration licenses with a combined surface area of 3 times the surface area of the country of Liechtenstein. The company has recently struck gold, with [...]Read full newsRead More
Decklar Resources Inc. is pleased to announce the following updatRead full newsRead More
Blue Star Gold Corp. provides an update on its 2021 drill programRead full newsRead More
People make money on the stock market by buying low and selling high. It’s a rule of thumb, if not the classic strategy when investing in stocks. However, some investors pay more attention to dividends than price appreciation. If you’re chasing after high-yield dividend stocks to get rich, the following are five money-makers.Global investment managerFiera Capital (TSX:FSZ) is tops on t...Read More
Deals exist in any market. However, finding undervalued stocks in a hyper-bull market is becoming increasingly difficult. Indeed, investors in sectors such as precious metals are having a hard time finding a gold stock with value characteristics today.However, the good news is that the TSX happens to have a couple winners in this regard. Among my favourites right now is Kirkland Lake Gold (TSX:KL)...Read More
Its been almost a year since Barrick Gold (TSX:ABX)(NYSE:GOLD) stock breached its record $40 levels. The world’s second-biggest gold miner stock has been on a consistent decline since then. While broader markets have soared almost 25% in the last 12 months, Barrick Gold stock has lost 40%.Barrick Gold stock continues to underperformThe first half of 2021 has been the exact opposite against t...Read More
Don't underestimate Joe's ability to f*** things up.- Barack ObamaWell, that escalated quickly...Tomorrow's the final day for U.S. troop withdrawal from Afghanistan.When Biden closed Bagram Airfield on July 5 and issued a statement three days later saying a Taliban takeover of Afghanistan was not inevitable, we all held our breath.The numbers added up... sort of. He claimed it was 300,000 Afghan a...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 2 that are worth another look.The anticipated agreement between the European Union and the United States on Section 232 tariffs would boost flat-steel export sales to the US and, consequently, reduce domestic EU availability, triggering a price rise in Europe, European...Read More
Lead was the best performer on the London Metal Exchange at the end of trading on Thursday September 2, reaching its highest price in the past week, while most other metals in the base-metals complex remained around their Wednesday prices.Lead's three-month contract rose to as much as $2,315 per tonne on Thursday, and closed the session at $2,312.50 per tonne, up from Wednesday's 5pm price of $2,2...Read More
Non-binding offers have been made for the purchase of Glencore's warehousing and logistics firm, Access World, with the official due diligence process now underway, according to sources familiar with the matter.At least three Asia-based bidders are in the final stages of the process, which will require firm offers to be submitted at the end of the month, sources told Fastmarkets.A number of compan...Read More
Bauxite refining and alumina production will resume at New Day Aluminum's facility in Gramercy, Louisiana, in the United States, after operations were halted due to Hurricane Ida, major shareholder Concord Resources said on Thursday September 2.The Gramercy facility is the only remaining alumina refinery in the US."Alumina production at Gramercy went into a planned curtailment on Sunday morning as...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 2 that are worth another look.The anticipated agreement between the European Union and the United States on Section 232 tariffs would boost flat-steel export sales to the US and, consequently, reduce domestic EU availability, triggering a price rise in Europe, European...Read More
China's cobalt tetroxide prices drifted lower in the week to Wednesday September 1, due to weak demand from battery producers, while cobalt sulfate prices remained rangebound, with producers rejecting lower bids.Fastmarkets' price assessment for cobalt tetroxide 72.6% Co min, delivered China fell to 275,000-285,000 yuan ($42,562-44,110) per tonne on September 1, down from 282,000-292,000 yuan per...Read More