TSX falls during June 13-17 trading week
Growing fears of a recession and an aggressive 75-basis point hike by the U.S. Federal Reserve had markets reeling over the June 13-17 trading period. The S&P/TSX Composite Index dove…
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TSX Venture falls during June 13-17 trading week
The S&P/TSX Venture Composite Index fell 64.32 points or 10% to end at 640.38. Shares of Eloro Resources bucked the trend, rising 38¢ to $3.99 apiece as the company announced…
U.S. markets fall during June 13-17 trading week
The Dow Jones Industrial Average retreated 1,504.01 points or 5.03% to 29,888.78 and the S&P 500 fell 226.02 points or 6.1% over the week to 3,674.84 as U.S. stocks felt…
JV Article: Golden Arrow Resources aims to advance its flagship San Pietro project in Chile
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile. Golden Arrow is part of the Grosso Group of companies,…
JV Article: Krux Analytics offers better data-driven decision making for the mining industry
Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
The view from England: Cost of capital is rising but perspective required
Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates. Canada’s consumer…
PDAC 2022: Ecuador hopes to churn its mining ‘wheel’ despite opposition
Amidst talks of nationalization of mines and stricter regulations for miners in several jurisdictions across South America, Ecuador’s Energy Minister Xavier Vera promises a different path as the government aims…
Focus Graphite receives $350,000 grant from Quebec for Lac Tetepisca project
Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has been awarded a grant of up to $350,000 by Québec’s Ministry of Energy and Natural Resources, to advance the company’s Manicouagan-Ouest Graphitic Corridor…
Glencore trading profit poised for best-ever year
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
PDAC 2022: Promising diamond, gold exploration might fill economic void after diamond mines close, says NWT industry minister
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.’s industry minister…