Chinese steel futures jumped on Wednesday, with construction rebar and hot rolled coils both closing up more than 3%, fuelled by expectations of production cuts.Read full newsRead More
Royal Dutch Shell (RDSa.L) will boost returns to shareholders via share buybacks or dividends earlier than expected after a sharp rise in oil and gas prices helped it reduce debt, the Anglo-Dutch energy firm said on Wednesday.Read full newsRead More
IPO within 12 monthsRead full newsRead More
In late 2019, I’d suggested that gold had the potential to rise above US$2,000/ounce. I’d like to say that I predicted a coming generational pandemic, but the call was based on trade tensions and the impacts of loose monetary policy. Today, I want to discuss why the yellow metal is undervalued in the early summer. Let’s jump in.What is behind gold’s rise and fall since the...Read More
Finding undervalued stocks is the goal of most investors. Indeed, in any market, picking stocks holding great value is the recipe for success. Whether you’re after Warren Buffett-like returns or simply seeking to build a decently performing portfolio that lasts, value is an important attribute to consider.In this article, I’m going to highlight two stocks I think hold tremendous value...Read More
Canadian stocks have started Q3 2021 on a slightly positive note after staging a massive rally in the previous five quarters in a row. As of July 6, the S&P/TSX Composite Index has risen by 0.7%. This could be the right time for investors to diversify their portfolios by adding some fundamentally strong stocks from different industries. Here are five top Canadian stocks that you can buy to div...Read More
The spot gold price was about US$1,805/oz just before 10am London time on Wednesday morning.After surging to a new high for the seventh consecutive session on Friday, the S&P 500 slid 0.2% on Tuesday as talk of a wider correction began to circulate.US stocks fell after the Institute for Supply Management revealed service sector activity was 60.1% in June, down three percentage points from May...Read More
Iron ore pellet production for the June quarter amounted to 2.8 million tonnes, down 0.8% year-on-year, with high-quality pellets (65% Fe and 67% Fe) marking 100% of total output.Read More
Share this articleTORONTO - Tanzanian President Samia Suluhu Hassan and Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) president and chief executive Mark Bristow met today to review progress at Twiga Minerals Corporation, the joint venture established in October 2019 to manage the company's gold mines in the country and to discuss the partnership's future plans and prospects.Since Barrick took o...Read More
Share this articleVANCOUVER - Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) reported that Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile has received its first annual Renewable Energy Certificate, issued by the International REC Standard.The REC is an Energy Attribute Certificate under which MVC can reliably claim that the 308,653 MWh it consumed during the p...Read More
Canadian miner Centerra Gold (TSX: CG; NYSE: CCAU) has brought additional claims in its binding arbitration against the Kyrgyz Republic government as it fights the "wrongful expropriation" of the cornerstone Kumtor mine. Centerra has also named, state monopoly gold refiner and Centerra's largest shareholder, Kyrgyzaltyn, as a respondent.According to the amended notice of arbitration, Kyrgyzaltyn...Read More
Skeena Resources (TSX: SKE; US-OTC; SKREF) has reported the latest drill results from the Phase 3 infill and exploration program at its wholly-owned Snip gold project in B.C.'s Golden Triangle, about 100 km northwest of Stewart.Highlights included drillhole UG21-177, which intersected 4.41 metres grading 110.22 grams gold per tonne from one metre downhole, including 0.58 metres of 730 grams gold....Read More
After hitting a new record of US$4.88 per lb. on May 10, LME cash copper prices are expected to average US$4.20 per lb. in 2021 and US$3.96 per lb. in 2022, according to the inaugural edition of Critical Metals for a Sustainable World, a new monthly publication by Capitalight Research.The Toronto-based research group notes that "trend copper prices must remain well above long-term 'incentive level...Read More
Let me get straight to the point: Tales From The Prospect Club is one of the most enjoyable reads of the year. A collection of stories so memorable that reading them evokes a feeling of "what a loss if these weren't captured in book form for all of posterity." In its pages you will meet many of the great characters that have driven the industry over the last 70 years as seen through the lens of t...Read More
Solaris Resources (TSX: SLS; US-OTC; SLSSF) has reported the latest assays from its flagship Warintza copper-gold project in south-eastern Ecuador, about 85 km east of the city of Cuenca.The company reported results from four drill holes that the company says have extended the strike length of Warintza Central 1,250 metres to the east, with some of the strongest intervals reported so far on the p...Read More
Manganese X Energy (TSXV: MN; US-OTC: MNXXF) has released the first resource estimate for the company's wholly owned Battery Hill manganese project in southwestern New Brunswick, about 5 km from the town of Woodstock.Battery Hill now has a measured resource of 11.26 million tonnes grading 6.75% manganese and 10.96% iron. Indicated resources are 23.6 million tonnes grading 6.26% manganese and 10.53...Read More
The true climate change impact of producing battery-grade graphite can be as much as ten times higher than published values, depending on the energy and material inputs, a new report by environmental consultancy and software provider Minviro states.The report is described as a Life Cycle Assessment (LCA), whose goal is to show the quantifiable impact of producing critical metals and minerals.Accor...Read More
We're moving closer to the goal line every day with the Biden administration's infrastructure bill. I've told you before that if there's one thing both sides of the aisle can come together for it's rebuilding America's crumbling infrastructure. Two weeks ago, the two sides came together and worked out a framework for the bill that included $579 billion in new spending, giving the bill a whopping...Read More
In less than 12 months, Vancouver-based New Found Gold Corp. (TSX: NFG) has transformed from a tiny, unknown gold explorer with a meager CAD$30 million IPO into a CAD$2 billion market darling.And now the company is planning to take their story to the Big Board.New Found Gold announced this week that it has been cleared to apply to list common shares on the NYSE. If approved, the company says it ex...Read More
The award, made during NAIDOC Week, is the single largest contract under FMG's 10-year-old Billion Opportunities Aboriginal procurement program, and followed a competitive tender process. Warrikal CEO and co-founder, Koori businesswoman Amanda Healy, said the contract built on the company's relationship with FMG. Warrikal was founded in 2017 to provide engineering solutions across the mi...Read More