Australian gold producer Evolution Mining (ASX: EVN) says performance improvements at its Red Lake mine in Canada are putting its turnaround plans for the operation ahead of schedule.In the quarter ending Dec. 31 (Evolution's second quarter of 2021), production from its Red Lake operation in Ontario rose 27% to 33,709 oz. gold at an all-in sustaining cost (AISC) of A$1,937 per oz. (US$1,481 per oz...Read More
The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1 billion lawsuit from noteholders who accuse the company of ignoring their requests to restructure their debt.The claim, filed in October last year by the Bank of New York Mellon on behalf of noteholders, states the US$898 million sought from Samarco is m...Read More
A resurgence of Covid-19 in Vietnam and the continual price falls in the Japanese domestic scrap market have dampened buying sentiment in the week to Friday January 29, sources told Fastmarkets.Offers for bulk Japanese H2 materials had initially been at $415-420 per tonne cfr Vietnam on Tuesday before falling to $400-405 per tonne cfr Vietnam by Wednesday.There was a transaction concluded at $380...Read More
The rally in China's domestic lithium prices continued to influence markets in the rest of Asia in the week to Thursday January 28, but trading has thinned in the run-up to the Lunar New Year holiday in mid-February. China's battery-grade lithium prices rose again due to limited spot availability and because some producers had stopped offering ahead of Chinese New Year. Asian battery-grade lithium...Read More
Shake-up at the top is focused on ESG and rebuilding trustRead full newsRead More
Tianqi Lithium Corp on Friday said an unnamed entity would invest up to 16 billion yuan ($2.5 billion) in its controlling shareholder as the Chinese company continues to look for ways to pay down debt.Read full newsRead More
Elon Musk has set a production target of20 million vehicles annually before 2030. For starters: 23 Ambatovys at $8.5 billion a pop.Read full newsRead More
High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More
That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More
High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More
(Kitco News) - 90 percent native silver in the coarse, metallic fraction, 894,813 g/t Ag (26,103 ounces per ton).Read full newsRead More
/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (theRead full newsRead More
/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (theRead full newsRead More
/CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (Frankfurt: 4T9B) (theRead full newsRead More
Retail investors incited by promotional posts on the social media site bid up the prices of the precious metal and silver minersRead full newsRead More
2020 was a challenging year for a number of reasons, and to meet its challenges head on and to keep the economy functioning relatively smoothly, the CRA took specific measures. One of those measures was to delay the tax deadline. Instead of the usual end-of-April filing deadline, Canadians had till June to file and till the end of September to pay their taxes online.This allowed individuals and bu...Read More
There are many opinions on the strategy around investing in gold and gold stocks. Some argue the precious metal isn’t worth it since it doesn’t yield any cash flow. Others argue it has intrinsic value and can be an important part of the portfolio. However, most investors agree that it’s always a good idea to have a small gold position in your portfolio.When times are good, you ca...Read More
One blessing that every New Year brings with it is the new contribution room for the Tax-Free Savings Account (TFSA). Even though the contribution limit hasn’t been increased for 2021 and you can only contribute $6,000, this is enough if you choose the right stocks to invest in.One of the sectors that outperformed many others, especially immediately after the market crash, was the mining sec...Read More
"Freedom's just another word for nothing left to lose."Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating...Read More
Everyone in the silver world is wondering if the Reddit WallStreetBets group might be able to put a squeeze on the silver market. To find out what silver expert Dave Kranzler thinks, click to watch the video now!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors...Read More