Risk is a moving target
With more than 99.6% of the votes counted in Peru’s presidential election, it looks like left-wing Pedro Castillo of the Peru Libre party has defeated his right-wing opponent, Keiko Fujimori,…
2021
Leftist Castillo emerges as likely winner of Peru’s contested presidential election
Socialist candidate Pedro Castillo is emerging as the winner of Peru’s June 6 presidential elections, with 99.6% of the votes counted. According to the latest update, Castillo had about 50.2%…
Western Uranium & Vanadium buys physical uranium
Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) has signed an agreement to buy 125,000 pounds of uranium concentrate at the current market price for delivery before the end of…
Gold Mountain speeds toward first production at Elk Gold in BC
Gold Mountain Mining (TSXV: GMTN; US-OTC: GMTNF) is on track for first production in October and first revenue in November at its Elk Gold project in British Columbia. The company…
Imperial drilling at Red Chris cuts 1.1 g/t gold, 1.1% copper
Imperial Metals (TSX: III) has released new drill results from the newly discovered East Ridge zone of the Red Chris copper-gold mine, 80 km south of Dease Lake in B.C….
Diamonds Snapshot: Eight Canadian companies ready for discovery
After a difficult 2020 that saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond prices have bounced back in…
Rough diamond pricing: Learn the lessons of history or history will repeat itself
Suddenly, diamonds are looking interesting again. The cutbacks in diamond production last year, allied to the substantial fall in manufacturing capacity in India (the major diamond cutting centre) as a…
Investors with US$41 trillion urge G7 to end support for coal
A group of 457 investors, which oversees more than US$41 trillion in assets combined, and a coalition of 79 company CEOs are calling on the G7 — Canada, France, Germany,…
Ekati to produce 4M carats in 2021 under new owners, Arctic Canadian Diamond
After a roller coaster of a year that almost forced an early end to the Ekati diamond mine, the operation’s new owners, Arctic Canadian Diamond Company, are hoping that the…
JV Article: Red Pine Exploration reaches milestone with Wawa gold project consolidation
After Red Pine Exploration’s (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that…
Largo Resources to capture 3% of clean energy storage market by 2025
Integrated vanadium producer Largo Resources (TSX: LGO; OTCQB: LGORF) is charting a course towards capturing 3% or about 1,400 megawatt-hours of the long-duration energy storage battery market by 2025, company…
Zijin, Citic to buy copper from Ivanhoe’s Kamoa-Kakula mine
Canada’s Ivanhoe Mines (TSX: IVN) has inked deals with China’s Zijin Mining’s subsidiary and trader Citic Metal to sell each 50% of the copper production from the recently-launched first phase of…