PH laws too restrictive on mining sector, says PCCI

The country’s largest business organization said local laws were restrictive for the mining sector, holding back the potential of the sector to be a major economic contributor. George Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), last week said that the government was imposing numerous taxes on commercial mining firms as well […]

Chile’s mining sector expands 2.5% in April as copper production up – report

2023-05-31 According to Chile’s National Institute of Statistics (INE), the country’s industrial production index (IPI) contracted by 2.0% in April 2023 y-o-y due to a decline in Chile’s manufacturing sector, while mining and electricity, gas and water sectors were up. INE said that the domestic mining sector (IPMin index) increased by 2.5% in April 2023 […]

Cartier Resources: Drilling Expands Dimensions of Gold Zones of East Chimo Mine Sector

2023-02-14 05:36:12 VAL-D’OR, Quebec, Feb. 14, 2023 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors (FIGURE 1). The results are located on the Chimo Mine Property, 100% owned by Cartier, […]

Agnico Eagle Mines Stock: Top Performer In Precious Metals Sector

2022-12-12 Torsten Asmus/iStock via Getty Images Introduction It is never a good idea to fall in love with a stock, but this one is one of our favourites. We first wrote about this company on 25th June 2006 and have traded it ever since then. However sometimes we make a conscious decision to invest in […]

TomaGold takes strategic position in the lithium sector with the acquisition of 107 claims near the Lithium Brisk project

2022-09-21 04:01:06 MONTREAL, Sept. 21, 2022 (GLOBE NEWSWIRE) — TOMAGOLD CORPORATION (TSXV: LOT) (OTCQB: TOGOF) (“TomaGold” or the “Corporation”) is pleased to announce the acquisition of a 100% interest in 38 claims from Noranda Royalties and the acquisition of 69 map-designated claims covering a total area of 5,487.52 ha (or 55 km2). These claims are located near […]

Tactical Resources Foresees Rare Earth Sector Growth

2022-04-07 05:35:24 VANCOUVER, British Columbia, April 07, 2022 (GLOBE NEWSWIRE) — Tactical Resources Corp. (CSE: RARE) (“Tactical Resources” or the “Company”), a mineral exploration and development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to report on recent favourable industry sector actions on the part […]

One Chart Reveals The Sector Rotation In The Stock Market

2022-01-09 03:16:26 In case you are still wondering what’s happening in the stock market since November 2021, the chart below will give you a clear picture. Based on the ratio chart IVW/IVE where IVW is S&P 500 Growth ETF and IVE is S&P 500 Value ETF, it can be observed that the price peaked in […]

Mining firms seek ‘stability’ for sector in new Chilean constitution

2021-10-25 23:49:00 SANTIAGO – Mining companies operating in Chile will deliver a proposal document to the elected assembly drafting a new constitution for the world’s largest copper producer, an industry association said on Monday, seeking stability for the sector. The National Mining Society (Sonami) said the proposal document is the result of work carried out […]

What Impact has COVID-19 had on the Mining Sector?

2021-10-21 06:36:00 Mining is undergoing something of a radical technological shift, the likes of which have never rocked the typically conservative industry before. Widespread trends such as the adoption of automation technology, electrification, and digitalization have also been sped up by the onset of COVID-19. Image Credit: Magnifical Productions/Shutterstock.com COVID-19 has predominantly impacted supply chains and […]