Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Size still matters. And in the case of Newmont, its Penasquito mine in Mexico matters a lot. This open pit project produced 348,000 ounces of gold and 590,000 ounces of silver through the end of June 2021.
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Even as gold and silver continue to move upward due to inflation, COVID-19 threatens to put constraints on mining across the globe. Cases at locations such as Gold Resource Corporations Mexican mining holdings have begun to spike. Vaccination rates remain lower than in the US and Canada as well, further threatening the risk of exposure. […]
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The numbers for last month are in and show a bounce back on gold. Largely attributed to the drop in the dollar, other factors such as treasury yields fell as well. Recommended Read Global Precious MMI: Gold Price Bounces Back in May as Dollar Moves Sideways Global Precious MMI: Gold Price Bounces Back in May […]
