Nova Resources, the consortium bidding to take copper miner KAZ Minerals (LON: KAZ) private has increased its offer by 9% to ?4.02B ($5.5 billion), after minority shareholders said they would reject earlier proposals for being too low.Nova, which is controlled by KAZ chair Oleg Novachuk and billionaire Vladimir Kim, said it would pay 850 pence per share plus a special dividend, which lifts the to...Read More
Piedmont Lithium (ASX: PLL) has closed a public offering worth US$122.5 million. The deal consists of 1.75 million American Depositary Shares (ADS), with each ADS representing 100 of the company's ordinary shares.The proceeds will be used to continue the development of Piedmont's fully-integrated spodumene-to-hydroxide project in North Carolina, about 45 km west of Charlotte, including a definiti...Read More
Within the next few years, Talon Metals'(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade nickel in the U.S., says the company's president, Sean Werger.The only operating nickel mine in the U.S. is Lundin Mining's (TSX: LUN) Eagle mine in Michigan, which is forecast to be mined out by 2025/2...Read More
Alrosa (MCX: ALRS) announced that it made $23.9 million in three auctions dedicated to celebrating its Jubilee Auction #100.In the three events, special-size diamonds, which are gems over 10.8 carats, were auctioned. As per Russian legislation, this type of diamond must be sold at international auctions. Jubilee Auction #100 was digital with an additional option of on-site viewings in Dubai, wher...Read More
Davy is modelling FY21 and FY22 annual revenues of €139.1 million and €153.7 million, respectively, after Mincon booked FY20 revenue of €129.9 million, and believes the company "should re-rate from current levels relative to peers".The stock is up 41% in the past year to €1.30, capitalising the company at €270.94 million."We still believe that the stock is good value despi...Read More
Two mass shootings in a week... America really must be feeling better.First some lunatic murders eight people across the Atlanta area, and then a second lunatic opens fire on a super market in Boulder, Colorado. These tragedies occur with such frequency I'd forgive you if you'd completely forgotten that in February, another crazed gunman attacked a health clinic in Buffalo, Minnesota, killing one...Read More
Cost of capital rising as fiscal support thins outRead full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
Hydrogen future hypeRead full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
Vancouver, BC - Tribe Property Technologies (TSXV:TRBE) ("Tribe" or the "Company") is pleased to announce it has commenced trading on the TSX Venture Exchange under the symbol "TRBE" effective today. Tribe simplifies residential community living through the delivery of tech-enabled community management products and services. It aims to capture an increasing share of the estimated $90 billion...Read More
Despite the near-term volatility, the Canadian equity markets have delivered solid returns this year. However, few high-flying stocks have corrected over 35% from their recent highs. So, let’s assess whether buying opportunities exist in any of these stocks.DoceboAmid the pandemic-infused restriction, the demand for Docebo’s (TSX:DCBO)(NASDAQ:DCBO) products and services rose, driving i...Read More
The Toronto Stock Exchange (TSX) is performing quite well in the first quarter of this year. Canada’s primary stock market index closed at 18,854 on March 19, 2021 — an 8% year-to-date gain. On the same day, the volume of transactions increased 126% from the preceding trading day to 602.5 million.Investors can still find top stocks selling at depressed prices. If you want to take posit...Read More
The equity markets have been extremely volatile in the last month. A rise in interest rates has sparked inflation fears, which in turn has impacted tech stocks that were trading at a steep valuation.However, every major dip in the price of quality stocks provides investors an opportunity to buy them at a lower valuation. We’ll look at three stocks on the TSX that should be on your radar righ...Read More
Leading up to the pandemic, Canadian value stocks had underperformed the market. The majority of high-quality stocks traded at fair value or even a premium. This left only underperforming value traps as stocks looking like they were trading undervalue.However, that all changed when the coronavirus pandemic hit, and the stock market crashed as a result.The very nature of stock market crashes means...Read More
Air Canada (TSX:AC) stock has doubled from a March 2020 market crash low of about $12.50 per share. Those lucky few who managed to grab the stock in a flash at below $10 last year and held on until now would be sitting on hefty gains of more than 160%.Last year, the airline company ran into a brick wall. Revenue dropped 70% and it booked a huge loss of $4.6 billion. No recovery was insight in the...Read More
Investors want to find top TSX stocks that will deliver strong returns for their self-directed portfolios. The overall market appears expensive today after the massive rally over the past 12 months, but undervalued gems still exist.Why Barrick Gold deserves to be a top TSX stock pick nowBarrick Gold (TSX:ABX)(NYSE:GOLD) traded near $40 per share last August. At the time of writing, investors can p...Read More
Under the agreement Wheaton will purchase 100% of payable gold production until 285,000 ounces have been delivered and will thereafter receive 67% of payable gold for the life of the mine.Read More
Noting the rise of ESG investors, Kerr told reporters met coal was brought up in most meetings held to discuss the company's December half-year results.Read More