Piper Jaffray Starts Cannabis Watch, Boosts Canopy Growth

US investment bank Piper Jaffray (NYSE:PJC) has joined the slowly growing list of American brokerages covering cannabis producers, giving major industry players like Canopy Growth (TSX:WEED) a significant boost. With the support of Piper Jaffray, Canopy jumped 13 percent on Wednesday (January 10), closing the day at C$ 44.50. Piper Jaffray analyst Michael Lavery gave […]

AVZ Minerals Boosts Manono Resource by 54.1 Percent

AVZ Minerals (ASX:AVZ) has upped the mineral resource estimate for its Manono lithium-tin–tantalum project by 54.1 percent across the measured, indicated and inferred categories. The project, located in the Democratic Republic of Congo’s Tanganyika province, is co-owned by La Congolaise D’exploitation Miniere (30 percent, a state-owned company) and Dathomir Mining Resources (10 percent, a privately […]

Fresnillo Lowers Full-year Silver Guidance, Boosts Gold Guidance

Fresnillo (LSE:FRES), the world’s largest silver producer, cut its full-year production guidance despite posting a year-on-year increase of 6.3 percent in Q3.  The reduction came on the back of ongoing problems at its Saucito and Fresnillo mines, the company announced on Wednesday (October 24). Guidance for 2018 is now between 62 and 64.5 million ounces, […]

Oil Price Rally Boosts Electric Car Sales

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US Announcement Boosts Bullish Sentiment in Rare Earths Sector

Following the signing of the John S. McCain National Defense Authorization Act (NDAA) last week, a number of rare earth element (REE) producers outside of China have come forward ready to meet American quotas, as well as demand outside the North American nation. The omnibus document, which covered military spending and procurement, featured one small […]

New Gold Discovery at Back River Boosts Sabina’s Share Price

Sabina Gold and Silver’s (TSX:SBB) share price was on the rise on Monday (August 20) after the company released the first results from summer exploration drilling at its Back River project.  According to the company, a “significant new high-grade gold discovery” has been identified 1 kilometer to the west of the Nunavut-based project’s Goose main deposit. Called […]