The Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More
The TSX reacted negatively to news of a slowdown in economic recovery. However, despite sliding to 20,806.03 after the Labour Day weekend, the index remains in record territory. If you’re planning to invest right now, consider B2Gold (TSX:BTO), Computer Modelling Group (TSX:CMG), and Canacol Energy (TSX:CNE). All three are approaching their 52-week lows, yet market analysts maintain strong b...Read More
Gold miners have proven to be fickle investments over the years. Indeed, unlike investing in precious metals directly, buying gold stocks such as Kirkland Lake Gold (TSX:KL)(NYSE:KL) and Barrick Gold (TSX:ABX)(NYSE:GOLD) provide greater leverage to the underlying commodity prices investors want exposure to. Accordingly, these gold stocks can be viewed as a leveraged play on the price of gold. For...Read More
The Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More
The personal-finance guru expects federal stimulus to weaken the US dollar, and interest-rate hikes to hammer asset prices.Read full newsRead More
Rover Metals Corp. is pleased to announce that the drilling compoRead full newsRead More
Investors are searching for top TSX dividend stocks to add to their RRSP portfolios. Let’s take a look at Nutrien (TSX:NTR)(NYSE:NTR) to see why it might be a good stock to buy right now. Nutrien earnings Nutrien is a global leader in the production of crop nutrients, including potash, phosphate, and nitrogen. The company also has a retail division that provides seed, crop protection product...Read More
According to the wealth of historical market data we have at our disposal, September is typically one of the worst-performing months of the year for the stock market. Investors call it the "September swoon."The September downtrend was first identified in a book called The Stock Trader's Almanac, authored by Jeffrey Hirsch and Christopher Mistal. If you don't own a copy, I highly suggest picking o...Read More
Callinex Mines (TSXV: CNX; US-OTC: CCLXF) has reported new results from its drill campaign at the company's Rainbow deposit in northern Manitoba, including wide intersections of high-grade copper.The company announced that drill hole PBM-138 intersected an interval of 37 metres grading 6% copper, 0.35 gram gold per tonne and 6.13 grams silver per tonne, starting from 660 metres downhole. It also i...Read More
Canada's Lundin Mining (TSX: LUN) has announced that Marie Inkster, the company's chief executive officer in the last three years, is stepping down by the end of the year because of "personal reasons." The Toronto-based miner, one of Canada's biggest base metals companies, said she will be succeeded by Peter Rockandel, Lundin's current senior VP, corporate development and investor relati...Read More
I usually celebrate September 13 as the day on which the world's greatest author of children's stories was born, but this year it also marks the (near) return to normality for mining trade shows.Roald Dahl was born to Norwegian parents in Cardiff, the capital of Wales, in 1916, and died 74 years later having penned some of Britain's greatest tales for children. These included James and the Giant P...Read More
We spoke with Mike Davies, who is CFO of Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF), the largest underground gold and silver producer in Colombia, with several mines in operation at its high-grade Segovia Operations, which are expected to produce between 200,000 and 220,000 ounces of gold this year. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gol...Read More
For months, President Biden, White House advisors, and the Federal Reserve have been insisting that inflation isn't a thing - that price increases have been confined to select sectors, that they can all be traced back to supply-chain disruptions, and that they're only just temporary.So don't worry about it.I'm sure you've heard all of these talking points because they've been super vocal about the...Read More
Harmony Gold Mining Company Limited (NYSE:HMY) has a beta value of 0.97 and has seen 3.15 million shares traded in the recent trading session. The company, currently valued at $1.98B, closed the recent trade at $3.24 per share which meant it lost -$0.03 on the day or -0.92% during that session. TheRead full newsRead More
ALX Resources Corp. pleased to announce that it has entered intoRead full newsRead More
The S&P/TSX Composite Index increased over 18% this year, getting support from improved economic activities and revival in consumer demand. While most of the top TSX stocks are trending higher, a few are still trading cheap and are well within investors’ reach. Let’s dig deeper into four such low-priced and high-growth Canadian stocks that investors could add to their portfol...Read More
The Canadian stock market continued to drift down a bit for the second consecutive day on Wednesday. The S&P/TSX Composite Index settled at 20,742 — down 0.3% for the day. Meanwhile, key U.S. indexes like S&P500 and NASDAQ also ended the session in the negative territory. Despite a recovery in oil prices, weakening metals, and lingering concerns about slowing economic growth seemingl...Read More
A US central bank survey had signalled a moderation in economic growth due to the Delta strain, Bloomberg reported, and there were renewed concerns about Beijing's regulatory crackdown.The uranium price is at a fresh six-year high, at US$40.25 per pound, as the new Sprott Physical Uranium Trust continues to purchase yellowcake.The trust now holds 24.27 million pounds of U3O8, up from almost 21Mlb...Read More
If you invest in oil, here's a noteworthy observation...After Hurricane Katrina hit in 2005, energy investors were obsessed with the loss of oil output.It was a very big deal. After all, within the 10 days following Katrina, more than 5.3 million barrels of crude were lost. That's not negligible.But after Hurricane Ida hit last week, more than 16.8 million barrels of output was lost. That's 68% mo...Read More
Endeavour Silver's (TSX: EDR; NYSE: EXK) 100%-owned Terronera project in Mexico's Jalisco state would produce 3.3 million oz. payable silver and 32,874 oz. gold annually over a 12-year underground mine life, according to a feasibility study.The study, which follows a prefeasibility study completed at the end of July 2020, modeled an underground mine processing 7.4 million tonnes of mineralized mat...Read More