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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Delays are hampering progress in Mexico’s US$8.77bn pipeline of mining projects, as firms struggle to deliver new production amid heightened metals prices.
As 2021 reaches the midpoint for the year, companies are working to complete projects. With inflation and liquidity, now is the time to complete projects that capture value. Recommended Read Benchmark Metals Mobilizing Crew for its Lawyer’s Gold-Silver Project in Preparation for 2021 Work Program Benchmark Metals Mobilizing Crew for its Lawyer’s Gold-Silver Project in […]
US gold mining giant Newmont caved in to union demands over profit-sharing bonuses at its Peñasquito operation in Mexico, amid growing industry-wide pressure.