This might be an unpopular opinion, but I absolutely hate driving. It's hands-down one of the most dangerous things we do on any given day, yet it's normalized to the point of being boring. In a way, I've always found driving to be remarkably similar to my high-school summers spent working as a lifeguard. It was soul-crushingly boring for 99.999% of the time but potentially lethal if I looked aw...Read More
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 "makes a lot of strategic sense" but is likely to be the last blockbuster M&A deal by a major in the Canadian mining sector, according to Haywood Securities mining analyst Kerry Smith."Most of the big deals are done," Smith says in an interview. "T...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has inked a deal to supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motor and Panasonic called Prime Planet Energy & Solutions (PPES). The deal will expand BHP's footprint in the electric vehicle (EV) sector. The nickel sulphate will come from the miner's newly opened Kwinana plant, which is expected to produ...Read More
Barrick Gold's (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex in Mali is set to remain a major contributor to the African nation's economy well into the future as the company continues to replace the ore depleted by mining, according to president and CEO Mark Bristow.The Loulo-Gounkoto complex comprises two distinct mining permits, Loulo and Gounkoto, owned 80% by Barrick, with the remaining 2...Read More
Group Ten Metals (TSXV: PGE; US-OTC: PGEZF) expects to publish its first resource estimate in the coming weeks for the Stillwater West platinum-group elements (PGE) plus gold, copper, nickel and cobalt project in Montana, U.S., president and CEO Michael Rowley tells The Northern Miner.Group Ten is the second-largest landholder in the Stillwater Complex, with a US$15 billion major, Sibanye-Stillwat...Read More
The S&P/TSX Composite Index fell 251.83 points or 1.23% to finish the September 27-Oct. 1 trading week at 20,150.87. The S&P/TSX Global Mining Index fell 0.52 points or 0.55% to 93.45 and the S&P/TSX Global Base Metals Index rose 0.7 points or 0.44% to 158.34. The S&P/TSX Global Gold Index fell 4.12 points or 1.55% to 261.20 and spot gold rose US$10.80 per oz. or 0.62%% to US$1,761.00 per ounce....Read More
The Dow Jones Industrial Average dropped 471.54 points or 1.36% to finish the September 27 to October 1 trading week at 34,326.46 and the S&P 500 fell 98.44 points or 2.21% to 4,357.04. Spot gold rose US$10.80 per oz. or 0.62% to US$1,761 per ounce.Arch Resources topped the list of value gains, jumping US$19.49 to US$97.54 per share on no corporate news. The company announced on September 9 that p...Read More
The S&P/TSX Venture Composite Index fell 10.25 points or 1.17% to finish the Sept. 27 to Oct. 1 trading week at 865.88. Spot gold rose US$10.80 per oz. or 0.62% to US$1,761 per ounce.Shares of Baselode Energy rose 22 ? to 80 ?. The junior announced it intersected a "wide zone of elevated radioactivity" in the first drill program at its Hook uranium project in northern Saskatchewan's Athabasca Basi...Read More
Equity Metals (TSXV: EQTY; US-OTC: EQMEF) is an exploration company with precious metal and diamond projects in B.C. and the Northwest Territories.The Canadian junior is focused on advancing its 100%-owned Silver Queen gold-silver-base metal project in central B.C., about 590 km northwest of Vancouver and 35 km south of the town of Houston.The 18,852-hectare property "offers excellent potential f...Read More
Dear Outsider,It's never been a better time to know what's happening on the inside.Stuffy boardrooms, financial presentations in which you feign interest, cigars that seemed like a good idea 20 minutes ago, glossy business cards, booze that burns, slimy smiles, greasy hair...Now, some of us genuinely enjoy these business dealings.But frankly, it isn't much fun...I'd much rather sit in my backyard...Read More
Hi, Fools! Happy Sunday. If you’re reading this article, you’re here to learn what you can expect from the TSX in the following week. While there are certainly going to be a number of surprises, there are a few things to keep on your radar in the week ahead. So, let’s take a look at a few things Motley Fool investors might want to pay attention to this first full week of October....Read More
The equity markets have staged an amazing turnaround in the last 18 months. Several markets plunged into bear market territory last March due to the COVID-19 pandemic. But, soon after, pandemic-proof tech stocks wiped off these losses and gained solid momentum on the back of federal benefits and a low interest rate environment. Mining stocks such as Cameco (TSX:CCO)(NYSE:CCJ) have also posted impr...Read More
However the report showed inflation remained hot in August, raising the risk of consumer spending stalling in the third quarter even if spending accelerated further in September, Reuters reported.Talk of stagflation sent the gold price higher, towards US$1,765 an ounce on the spot market.Meanwhile the debate over the US debt ceiling is set to continue this week, while China is closed for Golden We...Read More
This is a key stock market basic that everyone needs to know. We have people who constantly want to buy the dip! The market has ...Read More
All about that Top Shot life. Peep my curated Showcase to see my favorite NBA Moments.Read full newsRead More
All about that Top Shot life. Peep my curated Showcase to see my favorite NBA Moments.Read full newsRead More
About two weeks ago, inflation in Canada reached an 18-year high level, crossing the 4% threshold for the first time in a decade. And one expert suggested that the Bank of Canada might let the inflation run wild for a while and keep interest rates low in order to boost growth. While its macro impact might be positive, high inflation is likely to have a negative impact on most Canadians. Inflation...Read More
We learned from Mckinsey Lyon, VP of external affairs for Perpetua Resources Corp. (Nasdaq: PPTA, TSX: PPTA), that they are focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits, in the Stibnite-Yellow Pine district, of central Idaho, encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open pit gold deposits in the United Sta...Read More
Last month was tough for global equity markets, as investors grew jittery over rising inflation and bond yields. The Canadian benchmark index, the S&P/TSX Composite Index, declined by over 2.5% during the period. However, the following four companies underperformed the broader equity markets by falling over 10% last month. So, let’s examine whether any buying opportunities exist in these...Read More
Stocks that have generated maximum returns in the last three years are part of the TSX30 Index. While Canada’s tech giant Shopify (TSX:SHOP)(NYSE:SHOP) has returned a staggering 846% in the last three years, Aura Minerals (TSX:ORA) is up over 1,125% in this period. Shopify has been a massive wealth creator for long-term investors, crushing the broader markets since its initial public offerin...Read More