Hard on the heels of the most depressing time of the year in the U.K. (commonly regarded as the third week of January) we have had uplifting celebrations in Scotland and Wales on the same day, January 25.On that date, the Scottish celebrate the birth in 1759 of their national poet, Robert (Rabbie) Burns. Much of his poetry is impenetrable to English ears (perhaps that's the appeal). In his "Addres...Read More

Africa-focused Gem Diamonds (LSE: GEMD) ended 2020 in much better shape than many of its peers as it recorded revenue growth driven mostly by a sharp recovery in prices and sales during the second half of the year.The miner saw sales rise 4% to US$189.2 million for the year, it reported today. The average price jumped 17% to US$1,908 per carat, up from US$1,637 per carat achieved in 2019. That ou...Read More

Many producers hitting recordsRead full newsRead More

Special Report: Australian gold company Kaiser Reef has announced a maiden drilling result for its recently acquired A1 Mine in ... Read More The post Kaiser Reef takes first steps to expand gold resource for its A1 Mine appeared first on Stockhead.Read full newsRead More

Oil surged again, rising above US$55 a barrel in New York to its highest level in a year as the virus-recovery rally continued.Read full newsRead More

Lithium Americas’ (TSX:LAC)(NYSE:LAC) stock has risen by 397% in the last year. It means if you’d invested $1,000 in its shares a year ago, your money would have grown to about $4,970 today. Its outstanding historical returns are not the only thing that makes it a great TSX stock to buy today. Let’s dive deeper into other factors that make Lithium Americas stock one of the best T...Read More

Kirkland Lake Gold (TSX:KL)(NYSE:KL) is a stock I’ve been pounding the table on lately. Indeed, I think this is the best gold company in the universe right now.Here’s why I think Kirkland Lake would be a stock Warren Buffett would consider from a value perspective.Balance sheet and cash flow growth impressiveFundamentally, Kirkland Lake is 11 out of 10 as far as gold miners go. In...Read More

Jeff Bezos led Amazon.com, Inc. (NASDAQ:AMZN) just became the second public tech firm to report more than US$100 billion in quarterly revenue after Apple. In Q4 2020, AMZN’s revenue rose by 44% from a year ago to a record US$126 billion. With this, its adjusted net profits more than doubled to US$7.2 billion during the quarter — crushing analysts’ estimates of US$3.7 billion.Amaz...Read More

Warren Buffett may be in a slump, with Berkshire Hathaway continuing to underperform the S&P 500 Composite Index, but he’s still the greatest investor of all-time. Those who stand by his side, I believe, will be the ones that will ultimately come out on top over the long term. Remember, if you’ve got a track record as extensive as that of the Oracle of Omaha, you’re bound to...Read More

Only a week into his administration, Joe Biden seems to have adopted something of an "America First" policy. But unlike with the previous administration, it doesn't have anything to do with foreign relations or diplomacy. Instead, Biden wants to put America first in regards to manufacturing and energy policy. Earlier this week, he announced a plan to replace the U.S. government's vehicle fleet wi...Read More

Warren Buffett’s decision to take a position in Barrick Gold (TSX:ABX)(NYSE:GOLD) surprised many. Indeed, the Oracle of Omaha has been pretty vocal about his dislike for precious metals as an investable asset class. After all, a pile of gold isn’t that productive — it just sits there. A company, however, is able to produce more and more of a good, and create value. This...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 3 that are worth another look.ArcelorMittal Italia has resumed operations at blast furnace (BF) No2 and coke battery No9 at its Taranto steel plant in the south of Italy, the producer said on February 3.Rio Tinto...Read More

Treatment charges for both zinc and lead concentrates fell in the last week of January 2021, moving for the first time since November 27 last year, in Fastmarkets' latest assessments.Market sentiment played a large part in driving TCs lower, because even with most producers recovering from the effects of the Covid-19 pandemic on the mining of zinc and lead, significant tenders were concluded at sh...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 3.Please click...Read More

January's services PMI came in at 52, missing a forecast of 55.5 and down from 56.3 in December.It was the lowest reading since April 2020, albeit showing the ninth consecutive month of expansion, Marex Spectron's Alastair Munro noted.It followed Caixin's manufacturing PMI for January showing a loss of momentum earlier this week.Metals and mining equities closed collectively higher in Toronto.Glob...Read More

All the big iron ore miners have been sold down since hitting multi-years highs last month, with some of the selling almost certainly the result of profit-taking thanks to a better-than-expectedRead More

Treatment charges for both zinc and lead concentrates fell in the last week of January 2021, moving for the first time since November 27 last year, in Fastmarkets' latest assessments.Market sentiment played a large part in driving TCs lower, because even with most producers recovering from the effects of the Covid-19 pandemic on the mining of zinc and lead, significant tenders were concluded at sh...Read More

Mining revenues soared in Brazil during 2020 despite the Covid-19 pandemic, led mainly by higher iron ore prices and an increase in total production, Brazilian mining institute lbram said on Tuesday February 2.Revenues totaled 209 billion Reais ($38.7 billion) for the mining industry last year, up by 36% from 153 billion Reais in 2019, lbram reported. Iron ore contributed the most to that number,...Read More

Western Australia-based Atrico has advised parties in six mining-technology related deals in the past few years, including TSX-listed Constellation Software's January acquisition of Centric MiningRead More

"The pace of recovery that was noted at the beginning of October continued throughout the fourth quarter," Widing said this week."Demand in our long-cycle mining business was strong and we saw a sequential uptick in our short-cycle business. Consequently, organic order intake - excluding major orders - for the group grew by 3% year-on-year."Despite lower revenues in the wake of COVID-19, we delive...Read More