Exploration drilling has confirmed the continuity of high-grade mineralisation at the Red Chris copper-gold mine in northwest British Columbia, 80 km south of Dease Lake and 1,700 km from Vancouver.The mine is a joint venture between Imperial Metals (TSX: III) and Australian miner Newcrest Mining (ASX: NCM). Newcrest holds a 70% stake and Imperial a 30% interest. Newcrest is the mine operator.The...Read More
Copper prices surged to their highest levels in nearly three months on June 11, reaching US$5,801.5 per tonne (US$2.63 per lb.) on the London Metals Exchange (LME), up almost 20% from a low of US$4,854 per tonne (US$2.20 per lb.) on March 5, when commodity markets started to free-fall due to the Covid-19 pandemic.A ramping-up of demand from China, the top consumer of the red metal, is now fuelling...Read More
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one - even before the coronavirus pandemic. But with long-term fundamentals that point to a bright future for diamonds, some juniors are finding ways to advance their projects, despite the tough times. Here's a look at several active Canadian-based diamond explorers (an...Read More
China's Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals' (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target miner at $323 million (US$238 million).The Fujian-based mining giant has offered Guyana Goldfields $1.85 in cash for each common share, which is 35% higher than Silvercorp Metals' proposal.Prior to signing the a...Read More
Australia's state of Queensland has granted Glencore's (LSE: GLEN) A$1.5-billion (US$1 billion) Valeria coal mine the status of "coordinated project" in order to fast-track it, as the nation seeks alternatives to kickstart the recession-ridden economy.The decision will bring environmental and other assessments for the mine, expected to produce 20 million tonnes of coal annually for 35 years, under...Read More
High offers for Japanese and United States-origin ferrous scrap saw Vietnamese buyers stay away from the spot import market in the week to Friday June 12, with some market participants suggesting that prices have peaked and are likely to move down from now on.There was a confirmed transaction at $278 per tonne cfr southern Vietnam this week and rumors of a transaction at $275 per tonne cfr souther...Read More
Prices for steel billet in Southeast Asia rose over the past week amid costlier steelmaking raw materials, sources said.Iron ore prices rose above $100 per tonne cfr China for the first time this year on May 29 due to concerns over a shortfall of Brazilian material, and have mostly stayed above that level so far in June. Scrap prices in the bellwether Turkish import market have also been on an upw...Read More
Argonaut Gold (TSX: AR) has completed a key permitting milestone for its Magino project, which included consultation with Indigenous communities and members of the public.The completed Schedule 2 amendment of the Metal and Diamond Mining Effluent Regulations is an important authorization for the site, according to the company."From a permitting perspective, the completion of the Schedule 2 process...Read More
George Floyd has galvanized the world in a manner that countless other race-related murders have not. It is a moment to be seized and First Cobalt has lent its voice to change on Twitter:No one is born hating another person because of the color of his skin, or his background, or his religion. People must learn to hate, and if they can learn to hate, they can be taught to love, for love comes more...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesIn a less frenzied news environment, Nornickel's Arctic fuel spill might have found its way onto a few more front pages, especially in the l...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
The gold miner is making moves to improve its near-term financial flexibility.Read full newsRead More
This is the official YouTube Channel for the United States Court of Appeals for the District of Columbia Circuit. For more information regarding the Court's ...Read full newsRead More
M&A activity has been a theme in the gold space this year, and this week I got another perspective from Byron King of Agora Financial. As part of an extensiv...Read full newsRead More
Getchell Gold Corp. (CSE:GTCH, OTCQB:GGLDF) independent director Mike Sieb was recently featured on the #Finance podcast.Read full newsRead More
NV Gold Corporation is pleased to announce, with the recent complRead full newsRead More
I couldn’t agree more with Foolish writer Vishesh Raisinghani on their bearish view on the economy and market. They went as far as selling 20% of their portfolio.Here’s how you can prepare.Stock market crash: Take profit in fully valued and speculative positionsAnother stock market crash can be triggered by a second wave of COVID-19. In fact, the selloff might have already started in t...Read More
New investors may be aware of a profound shift in economics towards businesses that display ESG characteristics. ESG, or Environmental, Social, and Governance, considerations are driving investments in new, ethically focused industries. Aside from such admirable ideals, though, ESG thematics are sustainable by definition. They’re also disrupting entire sectors, and where there’s disrup...Read More
After the run-up in certain gold stocks, I decided to sell a few of my favourite names. These stocks have come back a bit, making me wonder whether I should get back in at these levels. I still see upside in gold, especially if central bankers’ plans don’t go as well as they should. If anything, the drastic one-day fall on June 11 should make investors nervous about the possibility of...Read More
After this market crash, a lot of investors are likely to reevaluating their investment strategies. Those who played it safe and invested only in blue-chip dividend stocks may want to try adding a little growth to their portfolios. Similarly, investors who primarily leveraged growth for their investments might look into stable dividend stocks.If you’re looking for growth stocks, even if they...Read More