Tag: resources
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Toronto Stocks Edge Lower; Western Copper Rises on C$21.3M Mitsubishi Materials Investment
March 24, 2023 at 12:00 p.m. ET By Adriano Marchese Stocks in Toronto were trending lower mid-trading on Friday, at risk of posting a third-straight week of declines. Canada’s financial sector continues to feel pressure from global banking concerns, while declines in the producer manufacturing and commercial services sectors also weighed on indexes. Technology services ... -
Karora Resources Tightens Production Guidance — Commodity Comment
Published: March 23, 2023 at 8:17 a.m. ET By Robb M. Stewart Karora Resources Inc. tightened its gold production targets for the next two year and lifted cost guidance to account for inflationary pressures, planned mine development, processing-plant upgrades and other investments. On guidance: The… By Robb M. Stewart Karora Resources Inc. tightened its gold ... -
Thor Explorations Increases Gold Estimation at Douta Project in Senegal
Published: March 20, 2023 at 4:04 a.m. ET By Michael Susin Thor Explorations Ltd. said Monday that total gold estimation at the Douta Gold Project in Senegal rose. The mining company said that total mineral resource estimate at Douta rose to around 1.78 million ounces of gold, compared with the 730,000 ounces estimate declared in ... -
Despite market volatility, retail investors went on a buy-the-dip spree. These are the stocks they picked up, says Vanda.
Churning financial markets, as the failure of three U.S. banks and uncertainty over one big European one continues to play out, did not stop some investors from buying that so-called dip in the stock market at one point last week. That’s according to a weekly report released Friday from Vanda Research, which said retail investors ... -
4 Small-Cap Stocks to Consider Amid the Downturn
When it comes to the latest financial panic, the smaller they are, the harder they fall. The small-cap Russell 2000 has been decimated over the past two weeks—and it’s not hard to see why. Some 17% of the index is in financial stocks, and with every small bank under the sun facing scrutiny these days, ... -
Rambler Metals Says Sale and Investment Solicitation Plan, $5 Mln Loan Approved by Court
Published: March 16, 2023 at 12:33 p.m. ET By Anthony O. Goriainoff Rambler Metals & Mining PLC said Thursday that a court in Canada has verbally approved a sales or investment solicitation plan and an increase in the debtor of possession charge to the full amount available of $5 million from the lender. The U.K.-based ... -
Northern Star Says Pogo Gold Output Suspended for Mill Repairs
Published: March 14, 2023 at 5:28 p.m. ET By Rhiannon Hoyle Northern Star Resources Ltd. Wednesday said gold production at the Pogo mine in Alaska is suspended for repairs on the ball mill motor that could take up to six weeks. The Australia-listed miner said full-year production at the Pogo operation is likely to be ... -
Arconic Stock’s Rally Might Just Be Getting Started
Arconic investors got a pleasant jolt this past week after The Wall Street Journal reported the aluminum products company was in talks to be acquired by private-equity firm Apollo Global Management . Despite a big gain, the stock still looks like a buy. The Journal reported Apollo (ticker: APO) submitted a bid in February at ... -
UK Watchdog to Probe LME’s Handling of Nickel Market Chaos — Commodities Roundup
–Brent crude oil edged down 0.8% to $84.10 a barrel. –European natural gas fell 3% to EUR 45.40 a megawatt-hour. –Gold futures rose 0.6% to $1,852.10 a troy ounce. –LME copper rose 0.6% to $8,978 a metric ton. –Wheat futures gained 0.2% to $7.14 a bushel. TOP STORY: UK Watchdog to Probe LME’s Handling of ... -
A.I.S. Resources Congratulates Recharge Resources on Signing Pocitos 2 Option Agreement in Salta, Argentina
VANCOUVER, British Columbia, March 03, 2023 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX.V: AIS, OTCQB: AISSF) (the “Company” or “AIS”) congratulates Recharge Resources (“Recharge”, CSE: RR) on signing an option agreement with Spey Resources Corp. (“Spey”) whereby Recharge may acquire up to a 100% undivided interest in the Pocitos 2 Project. AIS retains a 7.5% ...