Category: Mining
-
To space and back: Hyperspectral tech to be used in lithium exploration at Lancaster Resources (LCR.C)
When I watch a mining-based TV show like those regularly seen on the Discovery Channel, and some mucky-booted, sun-beaten wanderer busts out their trusty gold pan or their metal detector to see if some patch of ground is worth sticking a hole in, I’m always struck by how mining technology hasn’t changed all that much…
-
![Markets slip as CPI remains above expectations 01-16-24]()
Markets slip as CPI remains above expectations 01-16-24
The TSX dipped 1% this morning to 20907.44. TSX Venture fell similarly to 558.82 while the CSE Composite dropped 2.3% to 186.26. CPI numbers remained sticky, dampening hopes of a March rate cut. Valeo Pharma Market segments remained relatively flat with Telecom, Information Technology, Healthcare and Battery Metals marginally in the green. Valeo Pharma (VPH.T)…
-
![Beyond Lithium (BY.C) shifts from accruing to drilling to monetizing, and you get the savings!]()
Beyond Lithium (BY.C) shifts from accruing to drilling to monetizing, and you get the savings!
Our friends at Beyond Lithium (BY.C) went on an absolute spree over the last year, accruing more lithium projects in Ontario than any other explorer. We asked repeatedly what they were going to do with all those projects, and they said repeatedly, “We’re going to explore them.” No lithium project supermarket, no sit and wait…
-
![Uranium price jumps to 16 year highs on supply concerns]()
Uranium price jumps to 16 year highs on supply concerns
The last time I provided an update on the uranium charts was when uranium took out 2022 highs last year. Here are the charts to refresh your memories: I put more emphasis on the second chart, the longer term chart, as a major resistance zone at $75 was to be tested. Pretty much the only…
-
![Canada’s critical mineral strategy and the wonderful world of magnesium]()
Canada’s critical mineral strategy and the wonderful world of magnesium
Canada’s Critical Mineral Strategy, unveiled in December 2022, is a comprehensive plan aimed at bolstering the nation’s critical minerals sector, which is crucial for the green and digital economy. The strategy is backed by a substantial investment of $3.8 billion, as allocated in the federal budgets of 2021-2022. It lays the foundation for Canada’s industrial…
-
![Stocks down as US inflation comes in hotter than expected 01-11-24]()
Stocks down as US inflation comes in hotter than expected 01-11-24
The TSX edged down this morning to 20889.49. TSX Venture also fell slightly to 549.56 while the CSE Composite bumped slightly to 170.12. Inflation was more than expected in December, giving investors pause as this will impact the likelihood of a soft economic landing in 2024. Battery Metals, Information Technology and Energy were the only…
-
![Markets slip as oil prices gain 01-09-24]()
Markets slip as oil prices gain 01-09-24
The TSX edged down this morning to 20992.21. TSX Venture also fell slightly to 554.52 and the CSE Composite joined this negative run to 171.62. Despite this market pessimism, oil prices rebounded slightly with WTI Crude rising 2.57% to $72.59 USD per barrel. Information Technology made the most progress this morning on the TSX. Invesque…
-
![QC Copper and Gold (QCCU.V): a golden exploration opportunity in Quebec?]()
QC Copper and Gold (QCCU.V): a golden exploration opportunity in Quebec?
Chapais-Chibougamau is a major character in Canada’s mining story. Recognized as the second-largest mining district in Quebec’s portion of the Abitibi belt, Chapais-Chibougamau produced approximately 1.57 million tonnes of copper and 176.1 tonnes of gold, along with significant amounts of silver and zinc from 1953 to 2008. One notable discovery in the region, the Troilus…
-
![Markets mostly positive as 2024 kicks into gear 01-08-24]()
Markets mostly positive as 2024 kicks into gear 01-08-24
The TSX continued its ascent in morning trading, climbing 57.03 to 20994.58. TSX Venture followed suit but in a more slight fashion, edging up 0.16 to 551.5 while the CSE Composite slipped 0.75 to 175.55. In the world of beef, April live cattle futures contracts are down considerably since September 2023 as fed cattle available…
-
![Markets mixed as Canadian employment rate remains steady 01-05-23]()
Markets mixed as Canadian employment rate remains steady 01-05-23
The TSX edged up 13.61 to 20884.96. TSX Venture slipped slightly 2.94 to 548.62 while the CSE Composite similarly dipped to 169.24. Canada’s unemployment rate remained relatively unchanged at 5.8% at the end of December. Even though job growth was non-existent, wages did increase for those working above the 49th parallel. Base Metals and Industrials…
