Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF), Canada's leading free-to-play mobile game group, today announced financial results for the first quarter ended March 31, 2021.Highlights on a pro forma basis of LEAF and ESG:Record Q1 2021 revenue of $25.3M a 95% increase over $13.0M in Q1 2020Q1 2021 revenue increased by $2.3M over Q4 2020 revenue of $23.0M, a 10% sequential increaseAdjusted EBITDA wa...Read More
Uranium companies poised for price surgeRead full newsRead More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced it will report financial results for the first quarter ended March 31, 2021 on Monday, May 24, 2021 after market close. The Company will host a conference call to discuss the results and provide an update on current bus...Read More
Buying stocks this time last year was unquestionably easier than it is today. With almost every stock trading at a major discount to its fair value, nearly the entire market has rallied throughout the last year. However, although there aren’t as many opportunities that are clear as day this year, there are still plenty of high-quality Canadian stocks and ETFs to buy now.There are plenty of b...Read More
While TSX stocks appear shaky, as they linger around their record highs, some indicators indeed suggest a continued rally. Higher inflation fears could hinder their upward march, but strong earnings growth and economic recovery will likely boost them for the rest of the year. Here are three top TSX stock investors can consider for the longer term.Major Drilling International One of the top driller...Read More
"The iron ore ride is not recommended for the faint-hearted!" Fastmarkets MB Iron Ore Index tweeted on Friday after a week of record highs.Its benchmark price for 62% fines rose $18.31 last Monday to $230.56/t then ceded $28.78 on Friday to $208.79/t.The MySteel Australian 62% fines lost 2.88% to $219.50/t.Although copper closed down more than 1% in London to US$10,214.50 per tonne, it remains wel...Read More
Share this article VANCOUVER - Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE American] President and CEO Ron Thiessen said recent targets set by the U.S. government for America's transition to clean, renewable energy will drive a massive increase in domestic copper demand and consumption over the coming decade."For many reasons - including its cost, conductivity, ductility and durability -...Read More
We spoke with Mark Fedosiewich, President of Vior Inc. (TSX-V: VIO, FRANKFURT: VL51), and with Laurent Eustache, the Vice-President of Corporate Development, about their Hybrid Strategy, combining exploration on their 100% owned projects and making strategic investments in some companies that have great projects and a proven Management Team. Vior has a significant equity or ownership interest in 1...Read More
Soaring prices this month for copper and iron ore are leading some people to think that we are on the verge of a new supercycle. But as our new reporter Henry Lazenby reports in this week's issue of the newspaper, conversations with analysts suggest we aren't there yet and prices are likely to taper."We expect the impact of recovery optimism on metals prices to wane into 2022, as economies normali...Read More
In recent years, the Canadian federal government's changes to environmental assessment legislation have impacted mineral exploration investment in Canada "pretty significantly," Osisko Development Corp. (TSXV: ODV) CEO and co-founder Sean Roosen tells The Northern Miner.The new federal Impact Assessment Act came into force in August 2019 and has helped push the development timelines of projects ou...Read More
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon.The funds will be put towards economic studies and permitting."We've always said advancing this project with a big copper or gold company made sense and now we've got that with Rio Tinto," Paul West-Sells, Western Copper and...Read More
The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce. Nexa Resources rose US68 ? to US$11.05 per share. The company, which is one of the five largest zinc mining companies in the world and part of Brazilian conglomerate Votorantim S.A., announced that it...Read More
The S&P/TSX Composite Index fell 0.54% to 19,366.69 during the May 10-14 trading week. The S&P/TSX Global Mining Index slipped 2.25% to 113.84, and the S&P/TSX Global Base Metals Index dropped 4.95% to 178.76. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per oz., and the S&P/TSX Global Gold Index rose 1.76% to 322.07.Turquoise Hill Resources dropped $5.66 to $19.99 per share...Read More
Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company's Kumtor mine.In early May, lawmakers in Kyrgyzstan passed a bill allowing the state to seize Kumtor for up to three months. The decision was made based on the argument that the mine - the largest gold operation in the Central Asian nation - may pose danger t...Read More
Dogecoin and other cryptocurrencies are volatile. They’ve been competing with gold and precious metals for capital that goes to safe-haven assets.It appears it’ll be another down day for cryptocurrencies. If you like the space, buy some Dogecoin, Bitcoin, or other digital currency on the dip as a part of a diversified investment portfolio and forget about them.Right now, gold and preci...Read More
Yellow Cake Uranium (AIM: YCA) offers exposure to the uranium spot price. The Company's strategy is to buy and hold physical uranium oxide (U3O8) and to deliver maximum exposure to the expected resurgence in the uranium market. We learned from Andre Liebenberg, who is the Executive Director and CEO of Yellow Cake Uranium, that they now own about 10 million pounds of uranium that will soon grow to...Read More
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce.Filo Mining jumped $3.57 to $7.57 per share. The company reported it has discovered a new zone of high-grade copper, gold and silver mineralisation at its Filo del Sol deposit in Argentina's San Juan province. Highlights included drillhol...Read More
Located in one of Russia's most prolific gold mining provinces, Polyus' Olimpiada reigns as the top producing operation.Read full newsRead More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
Elon Musk sent shockwaves through the cryptocurrency community last week with news that Tesla (TSLA) will no longer accept bitcoin for payment until mining becomes more sustainable. In the latest Insights, we explain how this could benefit other crytocurrencies including dogecoin. Meanwhile, copper stocks are grabbing our attention as a way to play Raoul Pal's Exponential Age theme. Read More