A summary of the financial results for Austrian steelmaking group Voestalpine for the second quarter of 2021.Voestalpine has reported significant year-on-year earnings growth for the period from April 1 to June 30, 2021, the first quarter of its financial year. Almost all of the group's market and product sectors showed growth and positive performance, although in the aerospace sector earnings wer...Read More
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in the sector - often with gold or copper in the mix as well.CANASIL RESOURCESCanasil Resources' Nora project in Mexico. Credit: Canasil Resources.Canasil Resources (TSXV: CLZ) has six silver-gold exploration projects in Mexico's Durang...Read More
In preparation for its initial resource estimate due by the end of the third quarter, Wallbridge Mining (TSX: WM) is nearing completion of the definition drilling program at the Fenelon gold property 75 km northwest of Matagami, in Quebec.Work has been done on multiple areas within a 1-km by 1.2-km area in the central part of the Fenelon gold system. The company has drilled about 260,000 metres wi...Read More
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its 49%-owned Gahcho Ku?(C) mine, in Canada's Northwest Territories. The Toronto-based miner reported a profit of $22.5 million (US$18 million) for the three months ending June 30, compared with a loss of $26.8 million...Read More
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi mining method.The company says the decision follows the outcome of various risk assessments, extensive comparative financial analyses, and the results to date of the Muckahi test program at El Lim??n Deep (EL...Read More
Australia's Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada's Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by another US$30 million on or before six months from the transaction close. The final US$30 million will be paid on or before a year from completion, Resolute said. T...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsThe path to decarbonising the mining industrySPONSOREDOver the past 12 months, QPM has posted a 750% share price rise as its plans for a direct nickel processing hub near Town...Read More
Durango Resources' field team are headed to their Discovery project soon to poke around for more good gold discoveries.Read full newsRead More
Magnum Mining & Exploration (ASX:MGU) has begun offtake discussions for its Buena Vista Iron Ore Project with Anglo American.Read full newsRead More
HIGHLIGHTS Continuing excellent safety record with no LTIs recordRead full newsRead More
Canstar Resources (TSXV:ROX,OTCQB:CSRNF) has launched its campaign on the Investing News Network.Read full newsRead More
Triumph Gold Corp. is pleased to announce that it has concluded aRead full newsRead More
The second-largest gold mining company in the world has seen better days with the exception of the global pandemic. Barrick Gold (TSX:ABX)(NYSE:GOLD) continues its rollercoaster ride in 2021 since climbing to $41.09 in the last 52 weeks. As of July 30, 2021, the premier gold stock trades at only $27.16 per share. At this price and a trailing one-year price return of -29.84%, Barrick Gold, an under...Read More
“Growth stock” is an oversimplified term. Many beginner investors start by thinking that there is just one type of growth stock or, more accurately, one type of growth stock experience — i.e., gradual growth over a long period of time. But that’s not the case. Many growth stocks are cyclical; they rise and fall, often unpredictably. Some growth stocks rapidly grow due to a...Read More
Dear Outsider,Just when you thought this pesky little virus had run its course, our keepers in Washington are telling us to mask up again.It turns out yet another strain of the virus, the B.1.621 variant, is spreading across Florida. That's in addition to the Delta variant we've been hearing so much about.We've known from the start that mRNA viruses mutate and there will likely be countless mutati...Read More
The US Dollar Index was at its highest since July 27 and was weighing on London Metal Exchange base-metal prices in the afternoon of Friday August 6, with all metals ending the week below where they were on Monday.The US index touched a week-and-a-half high of 92.84 on Friday afternoon, following the release of positive employment data in the country.There were 943,000 jobs added to the US economy...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More
Spot differentials for low-carbon aluminium in Europe were stable during July, but some deals and offers for 2022 supply were reported well above current spot levels.Fastmarkets assessed the aluminium low-carbon differential value-added product (VAP), Europe at $10-15 per tonne Friday August 6, unchanged from the previous assessment on July 2.Offers for 2022 VAPs were reported between $20 and abov...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More
Spot buying appetite from Chinese copper smelters remained low in the week to Friday August 6, with standard tonnages being traded in the mid to high $50s per tonne range.Deals for blended cargoes of lower-grade copper concentrate were reported in the low $60s per tonne. Regional power restrictions in China have led to copper smelters bringing forward their maintenance plans which created reduced...Read More