Top deals closing this month included Osisko Mining receiving $177M and Lundin Gold closing C$57.5 million, both from bought-deal financings. Artemis Gold expects to raise $175 million from a bought-deal agreement with a syndicate of underwriters as well as a non-brokered offering. [more]
Gold, Real Estate and VIX are additions in this month’s Seasonality Report. Although market assessment has been turned upside down, there are still useful strategies to employ in composing a profitable portfolio in highly volatile markets like those that we have been experiencing. One such strategy is using seasonality trends as a guideline. [more]
Uncertainties caused by Covid-19 created a stronger demand for precious metals, increasing quarterly and annual revenue results but positive profits for the last quarter & fiscal year were elusive. [more]
The production and sale of electric vehicles were resilient despite the onset of the COVID-19 pandemic, as the EV industry reported various new developments in vehicles and technologies. [more]
With the price of gold up over 16% year-to-date and almost 23% year-over-year, the time seems to be right for Chinese mining companies to buy up Canadian gold companies. Three recent transactions tag the value of the assets in the US$44 to US$102 per Reserve gold ounce. [more]
Balmoral, Skeena, Freegold, Rubicon Minerals and Wallbridge lead the way with high grade or long intercepts [more]
Top deals include Equinox Gold receiving $145M from the exercise of warrants, Fortuna Silver Mines closing a US$69M bought deal financing, and Bluestone Resources closing a C$92M bought deal equity financing. [more]
Lorimer Wilson from MunKNEE.com summarizes 18 different predictions for the price of silver and they range from $7-700 per ounce. [more]
SSR Mining and Alacer Gold merging; Adriatic Metals to acquire Tethyan Resource; and, Gold X & Gran Colombia trying to merge with Guyana Goldfields thwarting Silvercorp’s plan to merge with Guyana Goldfields [more]
GFG Resources (8.5m at 71.3 g/t Au), Roxgold (10.0m at 59.4 g/t Au), Monarch Gold (109.0m at 3.33 g/t Au), Kirkland Lake Gold (2.4m at 141.3 g/t) and G2 Goldfields (2.4m at 116.6 g/t Au) led the way. [more]
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