Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More
As Canbud Corp #CBDX story unfolds, here is a brief but extremely informative clip on who they are, what they're doing and why they're doing it.Karl Boyd has...Read full newsRead More
CMOC selling stake in DRC mine to CATLRead full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
Deal values Kaz at ?4.1 billionRead full newsRead More
Right now is a great time to think about rebalancing one’s portfolio. We’ve had a pretty incredible run over this past year, and investors may be thinking about rotating some gains into sectors that have underperformed of late but are poised for long-term growth.These three picks are ones I’d certainly put in this category. For those seeking long-term gems at more affordable pric...Read More
Boosted by investors’ optimism over demand recovery and economic expansion, the S&P/TSX Composite Index was trading close to its record highs at the close of Friday. Meanwhile, the index is up 10.3% for this year. Amid the investors’ optimism, here are four Canadian momentum stocks that you can buy right now for higher gains. These stocks have outperformed the broader equity market...Read More
Stretched valuations of some top-rallying TSX stocks seem to have started to bother discerned investors. Even though broader markets have continued to soar recently, some Canadian names notably plunged last week. Does it make sense to bet on them after a weakness? Let’s see.FacedriveFacedrive (TSXV:FD) stock has had a massive plunge in the last few weeks. It is currently trading at $18.5 &md...Read More
While markets at large are lingering at all-time highs, some TSX stocks are still trading well below their fair values. Here are three Canadian stocks that offer significant growth potential for long-term investors.Chorus AviationChorus Aviation (TSX:CHR) stock has soared almost 25% so far this year and is still trading almost 50% lower to its last year’s high of $8.0.While almost the entire...Read More
You may be wondering why I said buy the dip for a stock like Enbridge (TSX:ENB)(NYSE:ENB), which is enjoying a recovery rally. This is a stock to buy and hold forever at the current price and even better in a dip. No stock can continue to grow forever. It goes through dips and rallies. The current topic that is moving the entire stock market is the state of the COVID-19 pandemic.What is...Read More
The TSX Index continues to hit new highs, but Canadian investors can still find deals in the market.Why Barrick Gold stock appears cheap right nowBarrick Gold (TSX:ABX)(NYSE:GOLD) traded for $40 per share last summer when gold topped US$2,000 per ounce. At the time of writing, Barrick trades near $26 while gold sits close to US$1,750.The pullback in the price of gold coincided with a sell-off in U...Read More
Giyani Metals Corp. (TSXV: EMM) has updated a preliminary economic assessment (PEA) based on a larger inferred resource estimate for the company's flagship Kgwakgwe Hill (K.Hill) manganese project in southeastern Botswana, about 60 km southwest of the capital Gaborone.The K.Hill project is a near-surface deposit that Giyani hopes can produce high purity manganese for battery use in the electric ve...Read More
After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by miner Yamana Gold (TSX: YRI, NYSE: AUY; LSE: AUY).Ascot has entered into an agreement with Stifel GMP, with Stifel purchasing, on a bought deal basis, 24 million Ascot shares at 86 ? each. An underw...Read More
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two companies gold-silver holdings in the Stewart mining camp in B.C.'s Golden Triangle into a total of 522 sq. km.Scottie's acquisition of AUX would expand its Cambria project, which is adjacent to Ascot Resources' (TSX...Read More
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) - which is developing its large flake graphite project in Madagascar and is backed by Sir Mick Davis' Vision Blue Resources - is teaming up with a prominent Japanese trading company and its Chinese partner, which owns and operates graphite anode processing facilities in China, to build a battery anode plant that it says should be ready for commission...Read More
Guillermo Lasso, a 66-year-old conservative former banker, has won Ecuador's presidential election with 52.5% of the vote, beating out Andr?(C)s Arauz, a 36-year-old leftist handpicked by former President Rafael Correa.While neither candidate had declared himself anti-mining, Lasso has vowed since the beginning of his election campaign to promote foreign investment in the mining and oil sectors, w...Read More
Perenti's 80%-owned subsidiary, African Underground Mining Services, will continue to work at the underground Geita mine in Tanzania for a further two years, generating an additional A$235 million in work in hand. The contract includes the addition of a new underground mine at Geita Hill that is expected to begin production later this year. As part of the new contract, Perenti will trans...Read More
Raoul Pal has started to look at asset prices a bit differently. In this week's Insights, we decided to take his framework and apply it to Canadian home prices. Are we headed to the moon?Will Tiff Macklem take Canadian home prices to the moon?Some voices, however, believe asset prices still will come back down to earth. Those opposing views and more in this week's edition. Read More
Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More