The transformation now occurring in the energy sector - toward low-carbon technologies, increased electrification, digitization and storage - will change the demand and markets for mineral resources and metals.Take, for example, the huge increase in the markets for electric vehicle batteries. The associated requirements for lithium, nickel, manganese and cobalt will fundamentally alter investment...Read More
Vancouver-based artificial intelligence (AI) and automation supplier Andritz took home first place during the finale of the 2019 annual installment of Goldcorp's (TSX: G; NYSE: GG) #DisruptMining mining innovation contest held before a live audience of 500 in a nightclub in downtown Toronto on the opening night of the annual convention of the Prospectors and Developers Association of Canada.Andrit...Read More
Royal Nickel Corp (TSX:RNX) has been on a tear. On September 7, shares stood at just $0.10 apiece. A few weeks later, shares surpassed the $1 mark. While the stock has come back a bit, its market capitalization is still around $300 million.Is this stock a pretender, or has the market just discovered the next mining giant?A potential jackpotWith just $18 million in cash and cash equivalents on han...Read More
He told an audience attending the Red Cloud Klondike Strike Pre-PDAC Mining Showcase in Toronto the time had come for the industry to reflect inwards and change in order to do things differently.Read More
The Department of Mineral Resources' chief inspector of mines David Msiza said 81 fatalities were reported in 2018, a 10% improvement on 2017, but still not at the record low of 73 seen in 2016.Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) is attempting to "bite off substantially more than it can chew," and has "a poor M&A track record," Newmont Mining (NYSE: NEM) CEO Gary Goldberg said in a conference call listing the many reasons why its board of directors has unanimously rejected Barrick's hostile takeover bid."Barrick's egocentric proposal is designed to transfer value from Newmont shareholder...Read More
So much for Morgan Stanley's oversupply thesis. The prediction is falling flat on its face and the latest debacle in the lithium space is partly to blame for why it's been tough for the mining industry to attract serious investors.Nemaska Lithium (TSX: NMX) (OTC: NMKEF) was poised to become a lithium hydroxide supplier and lithium carbonate supplier to the emerging lithium battery market.It was de...Read More
"Precious Metals Weekly Round-Up: Gold Heads for Worst Week This Year and Last Week's Other Top Stories https://t.co/rgtrJynsIa #preciousmetals #gold #silver #platinum #palladium"Read full newsRead More
Farm debt has been rising more rapidly over the last five years, increasing by 30% since 2013Read full newsRead More
In case you missed it, here is this week's resource big news roundup.Read full newsRead More
"The Investing News Network will go live at PDAC on Sunday at 3:30 p.m. EST with Lobo Tiggre @duediligenceguy followed by Jeffrey Christian @CPMGroupLLC at 3:45 p.m. EST. Click https://t.co/6mEoGtsIYU to learn how to tune in! #PDAC2019 #INNatPDAC #interview"Read full newsRead More
"We are at #PDAC2019 with live interviews and much, much more! Come say hi to the @INN_Gold team at stage 2 on the 700 level! #INNatPDAC"Read full newsRead More
"The Investing News Network will go live at PDAC on Monday at 3:30 p.m. EST with Rick Rule @RealRickRule. Here's how to tune in: https://t.co/h0p2lTse8J #PDAC2019 #INNatPDAC #interview"Read full newsRead More
Today, Greg Rickford, Minister of Energy, Northern Development and Mines, and Bronwyn Eyre, Saskatchewan's Minister of Energy and Resources, have issued the following statement on the release of the Canadian Minerals and Metals Plan:"The federal government has released its Canadian Minerals and Metals Plan (CMMP) to identify opportunities for the Canadian mining industry, with the goal of position...Read More
In his March 1st interview with Jim Goddard, Bob Hoye from ChartsandMarkets.com tackles the question whether there is a PDAC curse on the share prices of mining stocks. The idea being that mining stocks often run up and peak going into the large convention of mining prospectors, promoters and investors that traditionally takes place in the first week of March in Toronto every year. This year it...Read More
Marijuana companies have mesmerized retail investors, depriving the mining sector of the risk capital that's typically been its "lifeblood." But two mega-deals and a dramatic hostile battle in the gold space may finally give moribund mining stocks a shot in the arm.That's the basic position of TD Securities mining investment bankers, who say current market conditions and historical precedents make...Read More
United Co. Rusal Plc, Russia's largest aluminum producer, suspended operations at its bauxite-mining unit in Guyana over a pay conflict with employees in the South American nation.Workers at Bauxite Company of Guyana Ltd. "declined to work and demanded a pay increase, even though their salaries had been adjusted for forecast inflation at the end of last year," Rusal said Sunday in emailed comments...Read More
BGC exploring options for the sale of its national contract mining business BGC ContractingRead full newsRead More
Chile's Codelco, the world's No. 1 copper producer, is expected to generate $13.9 billion in revenue in 2019 while operating costs would be of $9.9 billion. This is according to the budget approved by the Finance Ministry's Budget Directorate.Local newspaper La Tercera reported that following a mandatory annual review of all state-owned companies, the Directorate estimated that Codelco's earnings...Read More
Apparently, the answer to the question in the headline has been widely explored by scientists.What was recently discovered, though, was that a boost of vitamin C can turn small gold nanorods into fine gold nanowires."There's no novelty per se in using vitamin C to make gold nanostructures because there are many previous examples," said chemist Eugene Zubarev from Rice University in Texas. "But the...Read More