With the ECB expected to expand its ?,?1.35tn emergency asset purchase program by (at least) another ?,?500bn, investors are increasingly relaxed about holding peripheral bonds despite the explosion in debt levels driven by the pandemicRead full newsRead More
It took just nine odd months for stocks to fully recover from the pandemic crash. Even if you missed the epic rally, it’s no big deal. TSX stocks might continue to rally, as the pandemic will not be as dreadful as it was this year. Here are three top stocks for beginners to bet on in 2021.B2GoldGold and gold miner stocks witnessed a huge downward pressure last month when the vaccine news bro...Read More
Warren Buffett is one of the most revered investors of modern times — and for good reason. The Oracle of Omaha has consistently beaten the S&P 500 Index for close to six decades and his words of wisdom has allowed investors to create massive wealth in the long-term.All of Warren Buffett’s investment moves are closely watched to gauge the way he thinks about where the markets are he...Read More
Warren Buffett shocked the world when he revealed his stake in gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) after years of slamming gold and not being the biggest fan of the capital-intensive mining stocks. Gold is an unproductive asset, and it won’t pay you over prolonged periods of time.Although Barrick does have an attractive dividend policy, with a juicy, growing 1.56% dividend yield at...Read More
New York-based BlackRock, which has about US$7.Read More
The mandate is to identify and support further innovation in the sector, provide training for workers to adapt to new technologies, and establish regulatory excellence, environmental management and low-carbon approaches."We're at a crucial point in time when it comes to growing the mining sector in BC," said the newly reconfirmed Energy, Mines and Low Carbon Innovation minister Bruce Ralston durin...Read More
Last Saturday, I celebrated my 50th birthday.I started off the day with a great CrossFit workout, treated myself to a nice lunch, and then took some psychedelic mushrooms and went on a three-hour hike in the Adirondacks. The latter was my favorite part of the day. :) I don't typically do mushrooms a lot.For me, they really are a "special occasion" kind of thing.Moreover, I don't see mushrooms as a...Read More
Cobalt watchers can expect demand for the blue metal to double by 2030, says Ying Lu, senior analyst at Roskill. The forecast comes even as this year saw a significant shift in global cobalt markets as both mined and refined cobalt production fell, marking the first decrease in production since 2016."The cobalt market has been dogged by oversupply for three consecutive years," Lu told The Northe...Read More
Although a change in the U.S. government is unlikely to ease tensions between Washington and Beijing, says CPM Group vice-president of research Rohit Savant, incoming president Biden's approach to negotiations with China could impact the status of gold and silver under the current administration."Hostilities between the U.S. and China will remain irrespective of who is in the White House," he to...Read More
Next year, producer Alamos Gold expects the Young-Davidson underground mine in Ontario, where a lower mine expansion was completed in July, to drive a 17% production increase over 2020 levels, to 470,000 to 510,000 gold ounces. The Toronto-based company has released detailed guidance for 2021 and a general production outlook through to 2025.Production at the Young-Davidson mine is expected to incr...Read More
Golden Sky Minerals (TSXV: AUEN) reports assays of six reverse circulation (RC) holes at its 100%-owned Hotspot property. A total of 568.45 metres were drilled at the Sure Bet zone, and all holes returned near surface gold-bearing intervals.The longest hole, HSRC-20-02, returned 71.63 metres of 1.34 grams gold per tonne beginning at 32 metres. It included intersections of 7.72 grams over 6.09 me...Read More
Dewatering has begun at the Wingdam underground placer gold project in the Cariboo Mining District in British Columbia. Owner Omineca Mining and Metals (TSXV: OMM) aims to use a ground freezing technology to recover alluvial gold underneath a creek.The company recently installed a second temporary grout plug to limit water flow from old workings and improve the speed of dewatering.Work has also be...Read More
Canada's Seabridge Gold (TSX: SEA; NYSE: SA) announced it had successfully raised $115.7 million, more than enough to fund the acquisition of Pretivm Resources' (NYSE: PVG) Snowfield property in northwest British Columbia."Proceeds from the financing will pay the entire $100 million upfront cash payment payable in respect of the acquisition of the Snowfield property, the expenses related to the...Read More
Sierra Metals (TSX:SMT; BVL:SMT; NYSE American:SMTS) has announced the results of the preliminary economic assessment (PEA) for expansion of its Cusi underground silver-lead mine in Mexico's Chihuahua state.At 1,200 tonnes per day, Cusi is Sierra's smallest operation. The PEA studies a doubling of capacity to 2,400 t/d. The incremental expansion carries a net after-tax cash flow of US$132 million....Read More
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke to The Northern Miner about what he thinks the new year will hold for this part of the mining industry.The Northern Miner: What do you think the critical materials markets are generally going to be like...Read More
Environmental, Social and Governance (ESG) is now a key part of investment decisions in the private capital markets, sustainability consulting firm ERM concluded in a recent report.ERM surveyed 54 private equity investment professionals from around the world about how ESG impacts their decision making when choosing companies in which to invest.The results of the poll underscore the important and g...Read More
In the living room the voice-clock sang, Tick-tock, seven o'clock, time to get up, time to get up, seven o'clock! as if it were afraid that nobody would. The morning house lay empty. The clock ticked on, repeating and repeating its sounds into the emptiness.Seven-nine, breakfast time, seven-nine!In the kitchen the breakfast stove gave a hissing sigh and ejected from its warm interior eight pieces...Read More
New technologies have changed the world and the way we do things in lot of ways during the last decade or two. Think about a world without the internet or the smart phone. It's how some of these devices can transform a persons life and enable us as people do things that just a few short years ago would be almost unheard of. Take for instance prospecting and how the simple drone can speed up prosp...Read More
2019 started off not to bad for the junior mining sector. A lot of the smaller players were looking poised to rally on optimism of higher gold prices. Sure enough gold prices did rally this year hitting the $1,500 USD range. In other currencies like here in Canada the price of gold hit historic highs. The juniors on the other hand have hit historic lows. Volumes of most have all but dried up and p...Read More
Today, August 7, 2019, gold broke out past $1,500 USD per ounce. It's still got a ways to go to break past it's old 2011 high of $1900 but in other currencies this metal is really shining. In CAD the price hit a new all time high of $2011. In AUS the price hit $2224 and in New Zealand the price hit $2330 per ounce. Silver is also starting to makes some moves but still has a long way to go to catch...Read More