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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Mexico continues to be a hot spot for gold and silver exploration. But problems are emerging in environmental compliance and the speed of permits is having an adverse effect on some operations. Recommended Read Mexican miners warn of 'major delays' from environment, water rules Mexico continues to be a hot spot for gold and silver […]
The next steps for the mining industry to move forward are all about collaboration. Investing in building relationships with local communities and governments, as well as education, will pay off! Mining Review said, "Mining companies should invest in education and training, that allows mine employees and communities to transition to a new economy, aligned to […]
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.