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.
A likely rebounding Chinese economy should help bo…
Why are mining stocks surging?
The Street reported, "A likely rebounding Chinese economy should help boost demand for metals and materials, which in turn should help further lift the mining stocks, such as those held in the iShares MSCI Global Metals & Mining Producers exchange-traded fund."
Metals like copper, steel, and ore are projected to be in higher demand. Coal is also expected to be used more due to the rebounding Chinese economy and subsequent trade with the US.
A likely rebounding Chinese economy should help boost demand for metals and materials, which in turn should help further lift the mining stocks, such as those held in the iShares MSCI Global Metals & Mining Producers (PICK - Get Report) exchange-traded fund.The sect...
Mexico-focused gold-silver explorer Prime Mining is increasing its recently announced bought deal private placement, which had Desjardins Capital Markets acting as sole bookrunner and co-lead underwriter along with TD Securities, to fund the development of its sole asset, the Los Reyes project.
Recommended Read Peñasquito: the largest gold and silver mine in Mexico 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. ... Read More »
