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...
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. […]
Five companies currently have lithium mining concessions in Mexico, according to a report by two mining NGOs, which clashes with President Andrés Manuel López Obrador’s claims that there are only one or two such concessions in the country.
As the summer moves forward, activity is somewhat muted. But inflation and continued liquidity will keep things percolating for the medium term. Recommended Read This Week in Mining: All Quiet on The Mining Front As the summer moves forward, activity is somewhat muted. But inflation and continued liquidity will keep things percolating for the medium […]
