Tag: investing news

The gold price rose early on this week, breaking US$2,700 per ounce on Wednesday (December 11). CPI was up 0.3 percent month-on-month, again higher than October’s 0.2 percent rise. Core CPI, which excludes the more volatile food and energy categories, was up 3.3 percent year-on-year and 0.3 percent from the previous month. Core PPI was...

Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector. The report shows the all-items index increased by 0.3 percent monthly, compared to the 0.2 percent recorded in each of the previous...

The gold price was on the rise this week, breaking US$2,700 per ounce on Wednesday (December 11). CPI was up 0.3 percent month-on-month, again higher than October’s 0.2 percent rise. Core CPI, which excludes the more volatile food and energy categories, was up 3.3 percent year-on-year and 0.3 percent from the previous month. I heard...

Under the deal, Boab will receive a prepayment facility of US$30 million to fund Sorby Hills, subject to certain conditions. The prepayment facility will be for a five year term from the first drawdown, and will include an 18 month interest-only period. It will be repaid via equal monthly installments over 42 months following the...

It will use the symbol FFM, the same symbol it uses on the Australian Securities Exchange (ASX). The copper- and gold-focused company is set to debut on the TSX on December 16. “(This) is a compliance listing only and will not be accompanied by a capital raising,” the company said, adding that it had AU$88...

The US Securities and Exchange Commission (SEC) has reopened its investigation into Neuralink, Elon Musk’s brain-implant company, alongside a probe into Musk’s acquisition of Twitter, now rebranded as X. The letter, addressed to outgoing SEC Chair Gary Gensler, outlines the reopening of the Neuralink investigation and a settlement demand regarding the Twitter takeover, which happened...

James Nelson, President of Spearmint, stated, “In light of the recent ban of antimony by China to the USA, we made this strategic acquisition increasing the size of the George Lake South Antimony Project. Management feels that antimony will be one of the most sought after resources in 2025 and we plan to pursue this...

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In an interview with the Investing News Network, Brightstar Managing Director Alex Rovira outlined the next steps for merging Alto Metals with Brightstar’s assets and the strategy for moving forward. “From an exploration perspective … it’s really focusing on the Sandstone package. We will do near-mine brownfields exploration at our Menzies and Laverton gold projects....

While 2024 saw gold achieve a stellar performance with a 28 percent annual increase, the outlook for 2025 is characterized by a mix of opportunities and challenges stemming from both global and regional developments. The yellow metal has benefited from its historical role as a hedge against uncertainty, but the WGC forecasts that its performance...