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...
There are some global guidelines for autonomous systems in mining currently being developed. Mining.com said, "The document, published this week by Canada-based Global Mining Guidelines Group (GMG), outlines a framework for miners to follow when considering adding autonomous equipment to their operations. It also provides a maturity model for companies to emulate as they expand the […]
Mexico’s mining output grew in February, as sulfur production surged. Overall production was up 0.8%, compared with the same month last year, following a 2.5% rise registered in January, according to data from statistics agency Inegi.