Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America Securities conference on global metals, mining and steel on May 12. His remarks touched on the impact of trade wars and COVID-19 on commodity prices and margins, Teck's portfolio of assets, including its goal to inc...Read More
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company's wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in the Ralston Valley of Nevada.The PEA estimates an open-pit heap leach operation with a mine life of six years, averaging 38,000 oz. gold per year, with annual production in the second and third years of 48,000...Read More
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada's largest diversified miner, is facing pressure from investors who want the company to divest its energy and coal business and replace long-standing chief executive officer, Don Lindsay.Connecticut-based Impala Asset Management has emerged this week as the second investor in a month to criticize Lindsay's guidance. In excerpts of a letter to t...Read More
First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over taxes.The Canadian miner said the notice, served to the Mexican government, kicks off a 90-day process for the L??pez Obrador administration to enter into negotiations with the company.First Majestic argues the tax authority has "exh...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 resourcesElementos was one of 23 ASX-listed explorers and development companies presenting to investors in a virt...Read More
VidCon is Stockhead's video conference series, bringing you expert insights, panel discussions and presentations on the most interesting and relevant ... Read More The post Stockhead VidCon: Gold Out West - The Explorers appeared first on Stockhead.Read full newsRead More
"Monarch Gold (@MQR_TO) (#TSX: $MQR | #OTC: $MRQRF) Signs MOU w/@Glencore Canada for use of Kidd Concentrator for Wasamac #Gold Project [https://t.co/5l1HNC8LHy]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #goldstocks #mining #resources #news"Read full newsRead More
""Data to date indicates the Buck property hosts large areas of surface and near surface mineralization and it is anticipated that the current drilling will confirm this and give indications of depth potentialRead full newsRead More
NV Gold Corporation is pleased to announces that, further to its news release of May 11, 2020, it has increased its private placement up to 8,200,000 units at CAD$0.14 per Unit for total gross proceeds of up to CAD$1,148,000.Read full newsRead More
Renforth Resources is pleased to announce that SGS Lakefield has been retained to determine the basic metallurgical response of a sample from New Alger's Discovery VeinsRead full newsRead More
QMX Gold Corporation is pleased to announce that in exchange for a $250,000 deposit, it has granted to O3 Mining an option to purchase the Aurbel MillRead full newsRead More
Canadian precious metals producer SSR Mining said it would to buy Alacer Gold in an all-stock deal valued at C$2.41 billion ($1.72 billion), adding heft as gold prices surge due to demand for the yellow metal in an uncertain economy.Read full newsRead More
"AABB - Asia Metals Inc. Signs Definitive Agreement and Acquires New Gold Mine In Colombia; Drill Results From Mexican Mine To Be Published Next Week https://t.co/Qax9sqz5S7"Read full newsRead More
New Canadian investors have some strong options right now, both in spite and because of the current market. The TSX is a rich source of world-class businesses ripe for first-time investing. There’s a little of everything listed on Canada’s largest stock exchange.It’s a representative cross-section of our economy’s greatest strengths, from banking and software to freight and...Read More
The May edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Novo's Egina project lies in the heart of the Pilbara conglomerate gold province approximately 120 km east of Novo's Karratha gold project. Image from Novo. Novo Resources (TSX-V: NVO) announced on Friday that it has recommenced its exploration program at its Egina gold project in Pilbara. The company has identified another gold-bearing channel in an area southwest of the Paradise prospect. This...Read More
The Santa Luz project (pictured) is a previously operating open-pit mine acquired as part of the merger with Leagold. Credit: Equinox Gold Equinox Gold (TSX: EQX) had its best quarterly gold production and earnings from mine operations in the first quarter this year, the company reported on Friday, despite having to navigate challenges related to the covid-19 pandemic.In the past quarter, the com...Read More
Hod Maden mine site. Image by Lidya Madencilik. Sandstorm Gold (NYSE: SAND, TSX: SSL) reported on Thursday new drill results for its Hod Maden project in Turkey.Drill hole HTG-002 showed 85.3 metres at 84.3 grams per tonne gold and 6.8% copper from 19.0 metres, using a 2.4 g/t cut-off grade, uncut.Drill holes HTG-002 and HTG-003 are infill drill holes within the main deposit at Hod Maden. The h...Read More
Driller at work on Group Eleven Resources' Stonepark zinc property near Limerick in the Republic of Ireland. Photo by Richard Quarisa | The Northern Miner Diversified major Glencore (LON: GLEN), through its Canadian subsidiary, has made a further investment in Vancouver-based mining junior Group Eleven Resources (TSXV: ZNG), purchasing 15 million units of Group Eleven at C$0.05 per unit for aggre...Read More
A diversified portfolio may well prove to be a winning ticket for metals and mining companies during the Covid-19 pandemic, according to the former chief executive officer of Rio Tinto. This is in stark contrast to the global financial crisis of 2008-09, when an across-the-board hit to demand broadly left diversified miners in the same position as pure-play operators, Tom Albanese said. "When the...Read More