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 most significant signs of change are the mega…
There have been a lot of merges causing a stir lately in the mining industry. However, Mining.com argues that they should now focus on innovation. They said, "In this scenario, bigger isn’t always better. The aspiration for a new era of profitability must be met with sustained investment in innovation that delivers on both radical improvement and transformation."
Focusing on innovation and technology could create possibilities for these companies to scale sustainably. After mergers, sometimes businesses can grow more quickly than they can handle. We will see what happens!
The most significant signs of change are the mega-merger of Barrick Gold and Randgold and Newmont’s acquisition of Goldcorp which will move two of the largest miners out of the country, as well as greatly decrease the market cap of mining companies within its borders....
Recommended Read Spotlight: Mining law in Mexico Mexico was the largest producer of silver in the world during 2020 and continues to be an attractive mining destination for foreign investors during 2021 despite the economic impact of the covid-19 pandemic and changes to the Federal Labour Law, preventing outsourcing i... Read More »
Orogen Royalties Inc. is pleased to announce the closing of the transaction (previously announced June 9, 2022) with Advance Lithium Corp. whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya.
Silverton Metals Corp. is pleased to announce that it has entered into a share purchase agreement with Zapata Exploration Ltd. and 0924682 B.C. Ltd. to acquire the Margaritas Gold-Silver Property by acquiring all of the issued and outstanding shares of Zapata’s Mexican Subsidiary, Impulsora De Proyectos Mineros, S.A. De C.V.