Vancouver, British Columbia–(Newsfile Corp. – April 6, 2021) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the “Company” or “Santacruz“) announces that the acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. (“Minera Cedros”), together with the US$17.6 million loan facility from Trafigura Mexico, S.A. de C.V. (the “Trafigura Loan Facility”), are now expected […]
Average annual gold equivalent production of 146,000 ounces over first 10 years at an average AISC of $790/gold equivalent ounce Total initial capex of $399 million Pre-tax Net Present Value of $447 million; IRR of 21.3% at $1,550/oz gold and $3.30/lb copper TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or […]
Rhodium, the world’s most precious metal, reached $20,190 an ounce on Wednesday, up from $16,990 on Dec. 31 and as low as $615 in 2016. Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as automakers that need the metal to meet tightening emissions regulations run into limited […]
What a year it has been! Unprecedented, emotional, undefinable. As we head into 2021, SST wishes you all the best for your goals, plans, and resolutions! May this year reward all your future endeavors with success, and we will continue to be providing you with the very best investing tips.
2020 was a good year for Gold and other precious metals as the economy weakened amid the coronavirus pandemic. Gold reached its all-time high of $2073 in August 2020. Gold, at the time of writing this article on December 23, 2020, was trading at around $1864 about 68.6% higher than its eight years low of $1046.25 in December 2015. Silver was lagging the gold most of the time since late 2017 and got ridiculously cheaper than gold when the world’s economy was frozen in march 2020. However, silver has outperformed gold and palladium in 2020 as the economy started to recover.
After taking a nosedive to the $11 range in March 2020 amid the COVID-19 pandemic, silver broke its 2016 high in the $20 range and reached a peak value close to $30. This is very bullish for silver and silver mining stocks. “Unlike gold, silver may get a boost as major economies ease coronavirus-linked restrictions […]
Market volatility can be unsettling, for even the savviest of investors. This article originally published by Scotiabank provides you with some investing tips on how to manage – and potentially benefit from – market volatility. The notion of investing in the stock market without volatility is as illusory as a car without an engine. Like […]
RNC will host a call/webcast on May 7, 2020 at 10:00 a.m. (Eastern Time) to discuss the first quarter results. North American callers please dial: 1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click [here] (replay access information below). TORONTO, May 7, 2020 /CNW/ – Royal Nickel Corporation dba. RNC Minerals (“RNC” or the “Corporation”) (TSX:RNX) is pleased to […]
At the beginning of 2020 when markets were rallying and life was normal, no one expected that a minuscule virus would take over the world and will make everyone its slave whether poor or rich, timid or brave. The good news is that in the countries including Canada where the majority of people are practicing […]
Palladium kicked off the new year with a fresh record high as prices touched an all-time peak of $2795 an ounce. Palladium has done extremely well as spot palladium closed at $2,443 on March 5th, 2020 locking an amazing year to date gain of 28% and rising 63% over the last 12 months. With the […]