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Vancouver, British Columbia (Newsfile Corp. - May 28, 2021) - First Majestic Silver Corp. (TSX: FR) ("First Majestic" or the "Company") is pleased to announce the voting results for its annual general
May 28, 2021 at 14:16 PM EDT Top Mining Stocks To Watch The market for mining stocks has had a lot of bullish momentum in 2021. We’ve seen the prices of gold and silver for example, skyrocket at many points throughout the year so far. So what is creating this bullish sentiment around mining stocks right now? Mining stocks are going up in price as the world reopens. Sure, in some places like India COVID-19 cases are rapidly climbing. But in other big economies like the United States and China, cases have fallen dramatically. It has been reported that at least 45% of the United States population has been vaccinated now. In addition to COVID-19 coming closer to an end, industrial demand has increased for a lot of materials. Gold, silver, copper, and more have all been going up in price as the world returns to a more normal state. There are a few things to take note of when investing in mining stocks. The first of which is world news, which as you’ve seen in the last year with th
Alcoa Corporation (NYSE:AA) persists its position slightly strong in context of buying side, while shares price shows upbeat performance surged 3.33% during latest trading session.
Alcoa Corp. expected that global glut of aluminum to ease this year as rising demand in China cuts into surpluses. In its first quarterly report since splitting from parent company Arconic Inc. last year, Alcoa declared a fourth-quarter loss stemming from costs to close mines and a refinery in South America. Sales slightly exceeded expectations amid rising prices for aluminum and the feedstock alumina.
Analysts polled by FactSet had expected adjusted earnings of 20 cents a share on sales $2.39 billion. It was Alcoa’s first reporting period as a new, standalone, publicly traded company. Alcoa last year split in two concerns: Arconic Inc., an aircraft and car parts supplier, and the more traditional aluminum smelting and producing operations at Alcoa Corp. “Rising alumina and aluminum prices improved t
Blackrock Silver Corp.: Blackrock Announces Equity Investment from First Majestic Silver Corp. as Part of C$2.0 Million Private Placement
Company ) is pleased to announce a non-brokered private placement (the
Offering ) of 2,666,666 units (the
Units ) at a price of C$0.75 per Unit for gross proceeds of C$2,000,000 to be conducted concurrently on the same terms and conditions as the bought deal private placement announced May 17, 2021. The Company is pleased to advise that First Majestic Silver Corp. has agreed to purchase C$1.25 million of the Offering. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of C$1.15 for a period of two years from the date the Units are issued.