Barrick Gold Corporation GOLD recently announced that the framework agreement between the Papua New Guinea ("PNG") government and operator Barrick Niugini Limited ("BNL") took a major step forward to restart the Porgera gold mine. The deal provides that the Porgera mine will be owned by a new joint venture held 51% by PNG stakeholders and 49% by BNL. Per the terms, BNL will continue as the operato...Read More
Futures for Canada's main stock index fell on Wednesday on weakness in gold prices. Gold prices hovered near the key $1,900 per ounce level, helped by a weaker dollar and U.S. bond yields. Spot gold was up 0.1% at $1,899.28 per ounce, as of 0059 GMT. Prices have risen 0.5% so far this week. Commodity prices traded weak for the week except Crude oil. Increasing inflation in the United States, coup...Read More
Lately, there haven’t been that many cheap stocks on the market. However, as the financial environment continues to shift, the economy recovers from the pandemic, and inflation starts to tick up, several opportunities are looking more attractive by the day. Now, as we enter the summer months, there are a few Canadian stocks to buy that are looking rather cheap.Of course, there are the recove...Read More
SilverCrest (TSX:SVL) is a Canadian precious metals exploration and development company headquartered in Vancouver, British Columbia. The company is focused on making new discoveries and value-added acquisitions and targeting production in Mexico’s historic precious metal districts. SilverCrest’s ongoing initiative is to increase the company’s asset base by acquiring and developi...Read More
The “when” and “where” of investing are two of the most crucial factors investors should consider. Their ROI depends on it.Indeed, venturing into equities has never been just about growth and income. Capital preservation and portfolio stability are key factors to consider in any market. With volatility picking up, investors may do well to seek safety in this market.Accordin...Read More
We spoke with Jason Jessup, President, CEO, and Founder of Magna Mining Inc. (TSX.V: NICU)Magna Mining is an exploration and development Company, focused on the past producing Ni-Cu-PGM Shakespeare Mine, located 70km southwest of Sudbury, in Ontario, Canada. Shakespeare is an advanced project, with 14.4 million tonnes of indicated open pit resource and an additional 1.7 million tonnes of inferred...Read More
A new technology by Jetti Resources that can be used to extract copper from mine waste could be a "game-changer" for the copper industry, says Mike Outwin, Jetti's CEO and co-founder."The technology enables the recovery of copper trapped in primary sulphide ore usually discarded as waste by miners because of the low copper yields generated from conventional processing methods," Outwin said in an i...Read More
Barrick Gold Corporation GOLD recently announced that the framework agreement between the Papua New Guinea ("PNG") government and operator Barrick Niugini Limited ("BNL") took a major step forward to restart the Porgera gold mine. The deal provides that the Porgera mine will be owned by a new joint venture held 51% by PNG stakeholders and 49% by BNL. Per the terms, BNL will continue as the operato...Read More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
Hemostemix (TSXV:HEM) has closed its $2,500,000 convertible debenture order from a company director for debenture units priced at $1,000 per unit.Read full newsRead More
Fortuna Silver Mines (TSX:FVI)(NYSE:FSM) is engaged in the mining of silver, gold, and base metals and related activities in Latin America, including exploration, extraction, and processing. The company operates the Caylloma mine in southern Peru, the San Jose mine in southern Mexico, and is in the process of the ramp-up to achieve commercial production at the Lindero mine in northern Argentina.Th...Read More
While rising inflation fears have put brakes on high-growth stocks, their record revenue growth paints quite a different picture. Here are top three TSX stocks that showcased above 100% revenue growth in Q1 2021.ShopifyTop tech giant Shopify (TSX:SHOP)(NYSE:SHOP) showed a record revenue growth of 110% year over year in Q1 2021, marking its best quarter so far. That’s way higher than its aver...Read More
Wesdome Gold Mines (TSX:WDO) is an established Canadian-based gold producer which has been producing gold for more than 30 years. Currently, the company’s principal material property is the Eagle River complex located in northwestern Ontario. Wesdome was founded in 1976 and is headquartered in Toronto, Ontario.Valuable mining assetsThe company owns mining assets and infrastructure in Val d&r...Read More
Investors certainly have reason to believe a growth-to-value rotation is underway. After all, the data shows this is the case.Accordingly, value stocks are now coming into focus for many investors. For those so inclined to seek out value today, these two top stocks are among the best in Canada. Here’s why.Kirkland Lake GoldThe gold mining space is one that’s filled with a tremendous am...Read More
Frugal investors could grow their limited funds significantly in 2021. A top aircraft manufacturer, a precious metal miner, and a recovering oil and gas company are screaming buys on the TSX.USAF’s choice If you’re into aircraft, the top manufacturers in the world are exciting stock investments. Names like Northrop Grumman, Lockheed Martin, and Boeing should be familiar to you, as the...Read More
Reports of BHP initiating talks with the world's leading producer of potash started circulating late last month, just as BHP enters the final phase of assessing whether to spend the next US$5.Read More
The company revealed in April it had received notice during the quarter from the Department of Mineral Resources and Energy for alleged non-compliance with the mining act, and breaching the conditionsRead More
The hot, dusty battlefield stood silent for the first time in 10 years.A strong ocean breeze cooled the air, bringing sweet smells that masked the acrid aroma of burning chariots and death.King Priam, with his daughter Cassandra and son Paris beside him, looked down from the mighty walls of Troy, trying to make sense of what he saw.Before him and the rest of his proud city, was a mighty wooden hor...Read More
Socialist candidate Pedro Castillo is emerging as the winner of Peru's June 6 presidential elections, with 99.6% of the votes counted.According to the latest update, Castillo had about 50.2% of the vote, holding a slim lead of roughly 60,300 votes (or 0.344%) over conservative rival Keiko Fujimori, who has yet to concede and has alleged fraud despite scant evidence.The National Election Board (J...Read More
Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) has signed an agreement to buy 125,000 pounds of uranium concentrate at the current market price for delivery before the end of June 2022The company said the deal "has the potential to enhance the balance sheet beyond the purchase cost through uranium price appreciation," and the physical uranium can be "held as a long-term investment."The decis...Read More