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.
The shares of Fortuna Silver Mines surged by 17%, making it the top gainer for the day among the TSX Composite components. On the flip side, Lundin Mining stock was the worst performer on the main index, as it dove by 17%.
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While not as aggressive as copper, silver has many strong contributing factors to long-term growth including pent up consumer demand for jewelry and energy sector possibilities within the green industry sector. Recommended Read Why Silver Prices Lag Behind Copper’s Gains, But Outperform Gold Why Silver Prices Lag Behind Copper’s Gains, But Outperform Gold - While not […]
While exploration and mining in Mexico have been hampered by suspensions and slowdowns of operations due to the COVID-19 pandemic, the country will get through this challenge and gradually resume normal operations. According to the 2020 CPM Silver Year Book, Mexican silver production has grown 48% since 2010 to 190.3 million ounces in 2019 and […]
The latest news in copper is that the market is tight. Mining Weekly reported, "Giant mines currently under construction will turn out an additional one-million tons of copper through 2023, but that gap won't be enough to fully close an expected gap between supply and demand in the next few years." Copper was at a […]