Noront Resources (TSXV: NOT) has rejected a loan offer from major shareholder and Australian mining magnate Andrew Forrest's Wyloo Metals late last week, citing an "immediate need for funding."Instead, Noront, the largest landholder of Ontario's emerging Ring of Fire nickel and chromite camp, opted to pursue a private placement financing to address its near-term working capital commitments, with t...Read More
Worldwide uranium production will recover by 3.1% to reach 51,200 tonnes in 2021 as significant mines come back online following a Covid-19 hiatus, new analysis by GlobalData shows.The increased optimism among industry participants comes as uranium spot prices edged higher in May after languishing rangebound between US$25 to US$30 per lb. for several years. Nuclear-fuel data and research company U...Read More
Protect your assets against current threats but remember that nothing lasts forever. It is a lesson that mining executives and metals investors should know, and was learnt long ago by the builders of medieval castles. New technology is driving resurgent demand for one of the world's oldest metals, but while copper is benefiting from human progress, innovation has been the death knell for other met...Read More
Slave Lake Zinc's (CSE: SLZ) 100%-owned O'Connor Lake project in the Northwest Territories, about 185 km southeast of Yellowknife and 150 km east of Hay River, has the potential to be a very significant base metal producer, says Ritch Wigham, the company's CEO. The 188-hectare property comprises zinc and lead deposits with variable gold, silver, and copper content occurring within a mineralized...Read More
Royalty juniors co-exist in a noisy space, just like exploration companies do, but what is essential to their success is exposure to active, rather than envisioned exploration programs.The junior gold mining market is flooded with exploration companies claiming to have found the next big target, but the reality is any discovery made may likely take them five or ten years to develop into an operati...Read More
The world has changed. The world has not changed. Embrace the chaos, but not in your portfolio.I don't need to go into the details about how damn weird things are right now. Housing, retail, tech, commodities, everything is in flux. The threat of rampant inflation, a Fed stuck in an impossible situation. Yet the fundamentals really haven't.All of this matters but it doesn't help us make some money...Read More
Orogen Royalty's Onjo copper-gold project is located 70 kilometres north of Fort St James in British Columbia and 10 kilometres ...Read More
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More
BARRICK GOLD-PORGERA/:Barrick CEO hopes Papua New Guinea gold mine will restart this yearRead full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More
HGZ - near surface32.91 gt Au over 6.40 metres, including 148.82Read full newsRead More
Alien Metals (LON: UFO | OTCMKTS: ASLRF | FRA: I3A1) posted very encouraging results on Monday from maiden drilling at its Hancock Iron Ore project in West...Read full newsRead More
Inflation concerns are certainly wreaking havoc on the overall stock market right now. Indeed, growth stocks are seeing selling pressure the likes of which haven’t really be seen in some time.Accordingly, there may be an inclination for many investors to take profits at these levels and seek refuge. Commodities plays have provided such a refuge of late.Indeed, investors seeking some commodit...Read More
We all know investing in the market comes with inherent risk. As valuations continue to soar, these risks become more pronounced.Accordingly, for those unsure of where to put their money to work, diversifying into defensive plays is a great idea. Such stocks provide certainty, even in the most volatile markets.Among Canadian defensive plays, these three stocks are near the top of my list. Let&rsqu...Read More
Heading into the summer months, the economy is going through a major transition, creating significant investment opportunities. Not only is the economy recovering well, but with growing inflation and changing consumer preferences after the pandemic, there are various high-quality Canadian stock ideas to consider in June 2021.What’s important for investors to remember is that you can take adv...Read More
There’s no question it’s tough to find value these days. Stocks have been recovering for over a year, and the TSX just hit a new record high again last week, so value stocks are certainly sparse in today’s environment.Finding value stocks doesn’t always have to be the traditional idea of low price-to-earnings and price-to-book metrics. Sometimes finding growth stocks t...Read More
Canadian markets are up almost 80% since the epic crash last year. While I don’t see a bubble and hopeful of an economic recovery, I think some areas of the markets certainly look overvalued. Rising inflation could pull these TSX stocks down in the short to medium term. At the same time, few Canadian stocks are currently trading at a discounted valuation, which indicates strong upside potent...Read More
Amid rising oil prices, Canada’s consumer price index (CPI) in April rose to 3.4%, which was the fastest rise in over a decade. Given the commitment by Biden’s administration towards higher fiscal expenditure and the federal bank’s expansionary monetary policy, I don’t expect inflation to cool down soon. In an inflationary environment, value stocks tend to outperform growth...Read More
After a long bear market in uranium shown via the Global X Uranium ETF chart below, it’s showing signs of a potential turnaround. The ETF’s top 10 holdings include Cameco (TSX:CCO)(NYSE:CCJ), NexGen Energy (TSX:NXE), and Denison Mines.URA Total Return Level data by YCharts.Some investors believe a uranium bull market has just begun this year. One of the largest global providers of uran...Read More
Given where valuations are today in the market, concerns are brewing that we’re in the midst of a massive bubble.Indeed, using the “Warren Buffett greed indicator” as a benchmark, valuations right now are disproportionately high. As a percentage of GDP, the value of the overall stock market is at a level we haven’t seen historically.Now, interest rates are also near histori...Read More