Elemental Royalties (TSX-V: ELE | OTCQX: ELEMF) has created a team of technically savvy, smart individuals, with a good sense ...Read More
China faces mounting pressure to ramp up coal imports and ensure supplies to keep lights on, factories open and water flowing as a severe power crunch roils the northeastern industrial heartland.Read full newsRead More
When markets dip, men who are over 45, or married with kids or have what they call investment experience are more likely to panic sell investments.Read full newsRead More
A stopgap funding measure is needed to avert a US government shutdown on October 1."If the DEMs can cleanly separate the government shutdown from the debt ceiling on Thursday then they may get bipartisan support to keep the government open through to the end of the year - there is REP appetite for this," Pepperstone head of research Chris Weston said.Gold is around US$1,750 an ounce on the spot ma...Read More
Shares of Kirkland Lake Gold (TSX:KL)(NYSE:KL) fell 10% this week after news came out that the gold miner would be merging with Agnico Eagle Mines (TSX:AEM)(NYSE:AEM). The merger would create a company with a market capitalization worth over $30 billion, as of writing. So, why the drop? What happened? Shares dropped after the announcement that Agnico would be purchasing Kirkland Lake for...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) stock is in the midst of an unforgiving bear market right now. Gold prices have been lacklustre, despite the recent rise in inflation. Undoubtedly, cryptocurrencies such as Bitcoin, Dogecoin, and Ether have taken a little bit of glimmer out of the shiny yellow metal. While nobody knows where gold is headed after its nasty correction to around US$1,750, I think tha...Read More
While the TSX Index has gained close to 20% this year, there are a few stocks that are trailing the broader markets. In fact, stocks such as Canopy Growth (TSX:WEED)(NYSE:CGC), Kinross Gold (TSX:K)(NYSE:KGC), and Agnico Eagle Mines (TSX:AEM)(NYSE:AEM) have each lost over 20% in the first nine months of 2021. Let’s see if these TSX stocks will continue to trail the broader markets going ahead...Read More
What happened? The shares of Canadian gold miner Kirkland Lake Gold (TSX:KL)(NYSE:KL) tanked by about 10% this morning. This massive selloff in KL stock came after it revealed Tuesday morning that its home market rival Agnico Eagle Mines (TSX:AEM)(NYSE:AEM) has agreed to buy the company in a deal worth about $13.5 billion. After the news came out, Agnico Eagle’s share price also tumbled...Read More
The stock market rally off the 2020 crash continues to drive share prices in many stocks to new all-time highs. This means contrarian investors who search for undervalued stocks are having a tough time, but there are still some good deals in the TSX Index that offer big upside potential. Let’s take a look at Barrick Gold (TSX:ABX)(NYSE:GOLD) to see why it might be an interesting contrarian s...Read More
A fundraising of £5.Read More
Share this article MONTREAL - Harfang Exploration Inc. [HAR-TSXV; HRFEF-OTC] reported high-grade gold results from bedrock samples from its summer exploration program on its wholly-owned Serpent property located in Eeyou Istchee - James Bay, Quebec. A 3,500-metre drill program is underway to test significant gold trends on the property.Highlights include grab samples up to 345 g/t gold from Tre...Read More
How can two investors own stakes in the same company yet one loses money on their investment while the other books a nice double-digit gain?It all comes down to one of the most important fundamental aspects of investing... You MUST time your entry and exit points properly. And this applies to all stocks, whether you're trading super-volatile meme stocks like AMC Entertainment Holdings Inc. (NYSE:...Read More
Companies are facing increasingly complex reporting procedures for environmental, social and governance and preparing and publishing reports on ESG in an industry-compliant manner can be difficult, especially for juniors with limited resources, according to a panel discussion at the Northern Miner's recent Global Mining Symposium on September 23.Meghan Harris-Ngae, a partner at EY, kicked off the...Read More
Canadian gold miners Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced today that they are combining their businesses in a stock deal valued at $13.5 billion (US$10.7 billion). As part of the transaction, Kirkland Lake Gold shareholders will receive 0.7935 of an Agnico Eagle common share for each stock they hold. The deal values each Kirkland...Read More
Peru's economy and finance minister has cast further doubt about Southern Copper's (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay province was "socially and politically" unfeasible. "T?-a Mar?-a has already gone through three or four waves of community and governmental attempts of repression and death. I don't think it...Read More
An updated feasibility study for Ero Copper's (TSX: ERO; NYSE: ERO) Boa Esperanca project in Brazil has doubled life-of-mine copper production and increased the mine life to 12 years from nine. The previous study on the IOCG-type copper project was completed in 2017.The updated feasibility is based on a 93% increase in contained copper in reserves at the project since the initial study. Total life...Read More
Yesterday, Vale SA (NYSE: VALE) informed the public that 39 miners were trapped in the underground Totten nickel mine at Sudbury, Ontario, after an incident that occurred on Sunday. There were no injuries, and all employees reported to the refuge stations where they had food, water and communication with the surface.On Sunday, Sept. 26, a load-haul-dumper bucket slung under the cage became hung up...Read More
It is a difficult time to be an iron ore analyst, especially if you're also a European golfer.The 43rd biennial clash between golfing teams from the United States and Europe has just ended, with the Americans handing a thrashing to the team from my side of the pond. I report this without any personal aptitude for the game, having never got past the point where throwing the ball was preferable. In...Read More
This week's episode features Rohan Reddy, research analyst at Global X, a New York-based provider of global exchange-traded funds, including the Global X uranium ETF. In this wide-ranging interview, Reddy explains how uranium has largely risen in price as a result of investor demand, in particular Wall Street Bets. Nevertheless, Rohan expects an ongoing deficit in supply to keep pushing the marke...Read More
Dear Outsiders,You may recall a certain Seinfeld episode about chips...Now, I think Jerry Seinfeld is kind of a hack, but in keeping with my current focus on death and comedians, I'll share this gem with you. While attending a wake, George Costanza dips a tortilla chip, takes half a bite and then does the unthinkable: dips the same chip into the dip. At that point another mourner named Timmy gives...Read More