Treasury Metals Raising C$17.5M, Advancing Goliath-Goldlund to PFS Posted by PublisherInternet Wednesday, 24. February 2021
After acquiring the neighbouring Goldlund open pit project from First Mining Gold, Treasury Metals (TML.TO, TSRMF.US) has been busy ever since to integrate both projects into a single open pit-underground project with synergies whenever possible. After hiring Ausenco, a reputable engineering firm, and appointing a new President and CEO, Jeremy Wyeth, who has lots of experience in building mines, the company worked diligently for 6 months on an integrated Preliminary Economic Assessment (PEA) for both projects.
From his bio, Wyeth seems the right man in the right place, considering his background. The highlight of his career is undoubtedly the development, construction, commissioning and ramp up of the Victor Diamond Mine in Northern Ontario, owned by De Beers. He took the Victor project from Preliminary Feasibility Study (PFS) to nameplate capacity. The Victo
5 things to watch on the ASX 200 on Wednesday
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These ASX gold shares have reported record profits and dividends
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Brokers list the latest ASX shares to buy in this market meltdown
Brendon Lau | January 28, 2021 1:07pm |
More on: Image source: Getty Images
ASX shares are in a free fall but this could be just the time to buy stocks that top brokers are recommending.
Stocks on the
S&P/ASX 200 Index (Index:^AXJO) lost $55 billion in value as the index slumped 2.3% during lunch time trade.
This is the sell-off I’ve been waiting for when I suggested a little over two weeks ago to start building a war chest.
ASX sell-off a buying opportunity
This was particularly so for investors, who like me, were fully invested in shares. It pays to have some firepower in reserve for opportunities – and I see this market sell-off as such an event.
S&P/ASX 200 breaks above 6,800 for the first time since late February 2020
Brent crude oil price gained 40 cents to US$56.30 a barrel on expectations that U.S. President Joe Biden’s administration will deliver a massive stimulus spending that will lift fuel demand. Australia’s unemployment rate came in at 6.6% in December.
S&P/ASX 200 (INDEXASX:XJO) is rising for a third consecutive day with the index 0.68% higher at 6,816 points by 1.51 pm and breaking above the 6,800 point mark for the first time since late February 2020.
This followed a positive lead from Wall Street where the S&P 500 and the Nasdaq hit all-time highs on Wednesday after the inauguration of Joe Biden as 46th President of the United States.