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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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 […]
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.
All that glitters may be gold, but Alamos Gold's cut in production expectations at its Mulatos facility highlight the volatility in the market that can result in operational cost issues. As companies look to cut costs from high cost to low-cost mining efforts, some must take a couple of steps back to regroup. Recommended Read […]
