Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index turned on the jets and powered 71.56 points higher or 6.8% to close at 1122.36.A six-month high Friday (click for larger)Our short-term momentum indicator, RSI, erupted over 50% to 61.61. MACD our long-term momentum indicator shot up 14.82 points to 4.89. And the shar...Read More
Mining Journal - Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Biden said he was honoured to be chosen to lead the country, while Trump tweeted on the weekend "I won this election, by a lot!"The spot gold price was up around US$1,950 an ounce on the spot market.Metals closed mixed on the London Metal Exchange on Friday, where copper rose amid continuing reports China would ban Australian copper concentrate imports.Ontario-focused junior Stone Gold (TSXV: STG)...Read More
With the third-quarter earnings in full swing, some of the top TSX-listed companies have reported their quarterly numbers. While Q3 numbers mostly reflect sequential improvement for most companies, a few performed better than the rest. Today I have shortlisted three companies that have impressed with their Q3 performance with strong fundamentals that could help these companies to deliver stel...Read More
The most precious metal you can find on earth is gold. When the market is declining or teetering on a crash, investors seek a safe asset class that outperforms. The yellow metal can mitigate losses in a volatile investment landscape and is an ideal complement to other assets if you want to diversify.Stock markets are still fraught with uncertainties in Q4 2020 because the pandemic won’t go a...Read More
Our Foolish writers enthusiastically came up with 16 top TSX stock ideas to buy in November 2020.A top income stockInvestors with an investment horizon of at least three years can consider Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) as a top income stock idea from the list. There are good reasons why two Foolish writers chose the bank as their top stocks to buy this month.Many Canadians have experienc...Read More
Some of the TSX stocks recently went far ahead amid the rally driven by U.S. elections. While Joe Biden’s win is undoubtedly positive for some portions of the market, others might revert to lower levels after the election rally subsides.Aurora CannabisJoe Biden entering the White House is indeed a positive move for the cannabis sector, at least for now, because of his agenda to legalize it....Read More
Higher bullion prices have triggered a surge in interest in the yellow metal, with shares in Russia's LSE-listed superstars Polyus and Polymetal soaring as a result.Read More
The warning for the metals and bulks sector comes after last week's announcement from the World Meteorological Organization of a La Nina weather event in the Pacific Ocean, predicted to bring coolerRead More
Pfizer announced this morning that its coronavirus vaccine is more than 90% effective in preventing the illness among people with no evidence of prior infection, proclaiming it as "a great day for science and humanity."While it may be a "great day for science and humanity," it was definitely a measurably breathtaking morning for stocks.Dow futures jumped over 1,400 points higher following the earl...Read More
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical Minerals Prospectus, a document aimed at highlighting the country's position on critical materials supply.To prepare the report, the Australian government examined lists...Read More
GMV Minerals (TSXV: GMV; US-OTC: GMVMF) has released the results of an updated preliminary economic assessment (PEA) for its wholly owned Mexican Hat gold project in southeastern Arizona, 116 km from Tucson.The PEA outlines an open-pit heap-leach mine with a mine life of 10 years, producing a total of 525,000 oz. gold at average all-in sustaining costs (AISCs) of US$1,136 per ounce.Initial capex i...Read More
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals (TSX: FM). As consideration for this repurchase, Troilus will pay First Quantum $20 million in cash. In conjunction with this repurchase, the developer is also raising approxima...Read More
The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in the mining industry, with the goal of zero harm to people and the environment."Tailings are generated from mining activities and are usually thickened and then hydraulically pumped to tailings dam...Read More
We can agree that silver is useful. It was one of the first five metals used by humans (the others being gold, copper, lead and iron), and readers in North America will be familiar with silver's monetary and industrial applications. The latter are shaped by silver being the most reflective metal, and it having the highest electrical conductivity of any element and the greatest thermal conductivity...Read More
The High Court of Manchester, northwestern England, on Nov. 9, blocked a ?5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron ore mine in Brazil in 2015, which killed 19 people and became the worst environmental disaster in the country's history.The suit, filed last year by 235,000 Brazilian people and groups including Indigenous tribes...Read More
Japan's top smelter, JX Nippon Mining & Metals, is buying a stake in its majority-owned Caserones copper mine in Chile, which was put up for sale on Nov.9 by its partners in the operation, Mitsui & Co and Mitsui Mining and Smelting.The move doesn't come as a surprise as Caserones has been a source of ongoing worries for its owners, even before it began producing in May 2014.The project's cost m...Read More
Caldas Gold (TSXV: CGC; US-OTC: ALLXF) reported high-grade assays from its Marmato asset in Colombia, including a record 5.73 grams gold per tonne and 5.2 grams silver per tonne over 63 metres from 356 metres downhole. The intercept in drill hole MT-IU-076 was part of a broader 386-metre intersection of 2.34 grams gold and 3.5 grams silver starting from 312 metres in the New Zone, which remains op...Read More