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.
5 miners said to have lithium concessions in Mexico
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.
A potentially vast lithium deposit in Mexico’s northern Sonora state could be worth as much as 12 trillion Mexican pesos ($602 billion), according to a recent finance ministry report, or over a third of the country’s projected economic output this year.
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 […]