Deer Horn Capital Inc. (CSE:DHC, OTC:GODYF) (the "Company" or "Deer Horn") has provided an update on its considerations for the 2019 exploration season at the Company's Deer Horn Property in west-central British Columbia.Read full newsRead More
"Canada Cobalt Works is the player to watch in Northern Ontario's Cobalt Camp! Stay Tuned Read About it: https://t.co/W4OZqg5Xrz #CCW $CCW @canadacobalt #Cobalt #Mining #CCW.V #Silver #TSXV #SmallCaps #batterymetals #momentumstocks"Read full newsRead More
Canadians now collectively owe C$2.16 trillion, which as a share of GDP is the highest debt load in the Group of Seven economies.Read full newsRead More
Russian nickel and palladium producer Norilsk Nickel (Nornickel) said it will invest up to 90 billion roubles ($1.4 billion) over four years in two major projects in Russia.The projects - expansion and reconstruction of the Talnakh ore concentrator and development of the South Cluster mine - come as Nornickel aims to ramp up nickel output and tap an expected boom in demand from electric vehicle ma...Read More
In what looks to be a brow-raising move, Wesfarmers has made a bid to acquire a rare-earth producer for $1.5 billion, a foray into the clean energy space where rare-earths will play a vital role in the rollout of electric vehicles and other clean energy products.Following the announcement on Tuesday, shares in Lynas Corporation (ASX: LYC) rose 40% to close at $2.10 with the takeover bid valuing Ly...Read More
If you haven't seen the popular animated film franchise, you'd be forgiven for not knowing much about Madagascar, but that could be changing very soon. Graphite, as one of the most conductive materials, is set to be key to our sustainable future, and recent exploration in Southern Madagascar has identified the Ampanihy structure zone as what could soon become a global hub of battery-suitable graph...Read More
South African mining companies are challenging parts of a government charter aimed at redistributing the country's mineral wealth, saying it will deter new investment in the industry.The charter is in breach of a court order issued last April, which ruled that previous versions of the regulations didn't require miners to top up black-shareholding levels if they previously met a minimum 26 percent...Read More
Chemicals group Johnson Matthey has secured a site in Poland to produce ultra-high energy battery materials and signed a 10-year supply deal with Canada's Nemaska Lithium as it seeks to grow its exposure to the electric vehicle market.Plant construction should begin this year at Konin, about 200 kilometres west of Warsaw, and it would have the potential to produce up to 100,000 tonnes per year, Jo...Read More
Africa-focused Firestone Diamonds (LON:FDI) has put plans to extend the life of its 75%-owned Liqhobong mine in Lesotho on the back burner, saying that current market conditions don't support the project.The company, which reported 2019 interim results on Thursday, managed to limit its losses in the six months to December 31, 2018, despite a global price slump for smaller, lower-value diamonds.Fi...Read More
The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call "the industries of the future." In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications."We have some of the world's richest stocks of critical minerals and while the market for some of our minerals such as lit...Read More
Canada's Walker River Resources (TSXV: WRR) announced this week that it signed a letter of intent with Smooth Rock Ventures (TSXV: SOCK) to enter into an exploration agreement with option to form a joint venture on the Garfield Flats project, located in Mineral County, Nevada.Smooth Rock can earn an undivided 50% interest in the property by funding $600,000 in exploration expenditures. Walker, o...Read More
Now Sibanye will wind down Driefontein's operations within 10 years, with plans to cut thousands of jobs as it shuts unprofitable shafts.South Africa's gold industry employs just over 100,000 people, less than a fifth of the number that used to drive the apartheid economy.With most of the nation'Read full newsRead More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into a letter of intent with Puriflor Enterprise Inc. ("Puriflor") regarding Puriflor's acquisition of an extraction and processing facility, and the formation of a joint venture between Quadron and Puriflor, whereby Quadron will acquire a one third interest in the Pu...Read More
Please click here now. Double-click to enlarge this long-term gold chart. Fundamental and technical analysis are both strongly supporting gold's rally towards the key $1400 area.Having said that, COMEX price action mainly reflects action in the physical market and this is the weak season for gold.Investors need patience. News in the West that "should" push gold $100/ounce higher is in play...Read More
Wheaton Precious Metals Corp (TSX:WPM) shares have been on a tear. Since November, the company’s stock has been on a consistent incline, climbing from roughly $20 per share to more than $33.This impressive streak comes at a time when other resource stocks are stuck near all-time lows. Why is Wheaton Precious Metals stock breaking out?Wheaton has a clever business modelAs a metals streaming...Read More
Growing concern of a looming U.S. recession, weaker economic growth in China and a declining outlook for the European Union have all worked to bolster gold in recent months, seeing it rally to over US$1,343 an ounce before pulling back to just under US$1,295 per ounce. This has been a boon for gold miners, causing the VanEck Vectors Gold Miners ETF to gain 8% since the start of 2019.Combined with...Read More
Gold was smacked $22 from top to bottom overnight and this morning. It was a classic paper derivative raid on the gold price, which was implemented after the large physical gold buyers in the eastern hemisphere had closed shop for the day. This is what it looks like visually:As you can see, as each key physical gold trading/delivery market closes, the price of gold is taken lower. The coup de...Read More
The syndicate of underwriters, led by Haywood Securities, have agreed to buy shares at 36c each, with a 15% overallotment option.Read More
Drilling at the Sikasso property in southern Mali, West Africa. Source: Compass Gold Corp.Compass Gold Corp. [CVB-TSXV; COGDD-OTC] shares skyrocketed Thursday March 28 after the company said drilling on the company's Sikasso property in southern Mali, West Africa, has intersected high-grade gold mineralization.Investors reacted by sending Compass shares up 500% or 57.5 cents, to 69 cents on active...Read More
The Greenstone Gold Mines Hardrock Project in northern Ontario. Source: Premier Gold Mines Ltd.Centerra Gold Inc. [CG-TSX; CAGDF-OTC] and Premier Gold Mines Ltd. [PG-TSX; PIRGF-OTC] said Thursday March 28 that the environmental assessment for the Greenstone Gold Mines Hardrock Project in Ontario was approved by the provincial government on March 26, 2019.Their aim is to develop an open pit mine th...Read More