There are a lot of unusual factors at play in the market right now, many of which have never been seen before. That is why it is increasingly important to “keep your eye on the ball”, and use all of the investment tools available to you, including seasonality influences. [more]
The EV market is experiencing high activity as more EV-focused companies list publicly, expand product offerings, and create partnerships. However, EV sales growth has significantly declined in the past year. [more]
Equinox Gold and Premier Gold announced that Equinox Gold will acquire Premier Gold and concurrently, Premier Gold will spin-out its Nevada-based assets into a new company to be called i-80 Gold Corp. Transaction values assets at ~US$160 per reserve ounce and ~US$50 per resource ounce. [more]
Fidelity Minerals is a junior exploration company engaged in the acquisition, exploration, and development of resource properties with a focus on Peru. The 3 main, short-term, corporate goals include: (1) develop existing gold & copper projects; (2) expand project portfolio with accretive acquisitions; and, (3) define at least 1 million-ounce gold resource within 3 years. [more]
Lordstown Motors, an EV start-up based in the U.S., listed publicly on the NASDAQ through a merger with DiamondPeak. Lordstown’s stock has increased by 39% since it started trading publicly last month. [more]
London-based Endeavour Mining plans to buy Teranga Gold in an all-stock deal worth about $2.44B. With 12.8M ounces of gold resources, the transaction values Teranga at over US$191 per resource ounce. Egyptian billionaire Naguib Sawiris injects $200M million into the deal. [more]
The consideration to be paid by Yamana consists of approximately C$60.8M in cash, C$91.2M in Yamana shares, and a newly-formed spin-out company valued at C$47.5M. With over 3 million ounces of gold resources, the transaction values Monarch at over US$43 per resource ounce or over US$86 per reserve ounce. [more]
Historic drilling, the summer program chip sampling & surface grab sampling results, and airborne survey illustrate the potential for a mineralized gold system over 2.5 km long and a vertical extent of at least 400 m, and is open along strike in both directions. Recent channel sample highlights include 5.89 g/t Au over 31.5 m and 6.29 g/t Au over 13.4 m. [more]
Melkior has granted Kirkland Lake Gold the right to earn-in up to a 75% interest in the Carscallen Gold Project by spending C$10M in exploration over the next 5 years and then by entering into a Joint Venture agreement with Melkior and spending at least C$100M more in exploration expenditures. [more]
Alberta’s Energy Minister, Sonya Savage, visited E3’s office in Calgary to show the Alberta Government’s commitment to mineral development in the province. E3’s patented technology extracts lithium from oil field brine waters, with planned production starting in 2022. [more]
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