Severstal said the move was in line with its commitment to the Paris Agreement goals, and also followed the objectives of Russia climate regulation.Read More
Revenue of A$124.3 million in the first half of FY2021 was down 3% on the same period in FY2020.EBITDA rose 6% to $33.1 million, while cash from operations jumped 33% to $33.2 million.Net profit after tax for the FY21 first half dropped 26% to $13.5 million due to higher depreciation and amortisation charges relating to additional assets to support increasing demand for gyro-related technologies a...Read More
I think I'm like a lot of people in that if you asked me, "Do you want to go to Walmart or Target?" the answer is a resounding no. I definitely do not want to go to Walmart or Target.But if you ask me, "Do you want to go to Marshalls?" the answer is the complete opposite. Yes, I absolutely want to go to Marshalls. I'll even drive.Why?These stores basically have the same things for sale. And one...Read More
After completing a Plan of Arrangement with Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) in January, Monarch Mining (TSX: GBAR) is now working to advance spin-out assets within the new company. Monarch has released an updated resource estimate for the McKenzie Break property in Quebec, 25 km north of Val-d'Or.Pit-constrained indicated resources at the site total 1.4 million tonnes grading 1.8 grams...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released new assay data for three drillholes completed on section 19925 as the company moves towards a tighter drill spacing along the LP fault at its Dixie gold project in Red Lake, Ontario.The drill highlights included 18.2 metres of 13.38 grams gold per tonne from bedrock surface; and 16.5 metres of 4.9 grams gold per tonne and 57 metres of 4....Read More
Well-known as a store of value, precious metals are a particularly appealing investment during times of uncertainty. This appeal, combined with recent upward price moves, makes companies in this space an appealing investment. Below, we profile eight explorers and developers with exposure to gold and other precious metals.Kore MiningKORE Mining's Imperial gold property in southeast California. Cred...Read More
Mongolia's government is said to be actively seeking to cancel a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) governing a US$6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi desert, as it looks to replace it with a new agreement.Rather than acting unilaterally, which would risk future foreign investment projects, local authorities have suggested Rio Tinto mutually terminate...Read More
Canadian public companies will have a year to get in line with new, tougher board gender diversity guidelines from leading proxy advisory firms or face a withhold vote against the chair of their nominating committee.As of Feb. 1, 2022, Institutional Shareholder Services will expect S&P/TSX Composite issuers to have at least 30% women board members, or a written gender diversity policy with a commi...Read More
The S&P/TSX Composite Index jumped 4.61% to 18,135.90 during the Feb. 1-5 trading week. The S&P/TSX Global Mining Index rose 3.29% to 104.10, and the S&P/TSX Global Base Metals Index soared 7.25% to 147.81. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per oz., and the S&P/TSX Global Gold Index rose by 1.01% to 306.59.Turquoise Hill Resources climbed $1.89 to $15.99 per share. The com...Read More
The S&P/TSX Venture Composite Index soared 10.91% to finish the trading week at 1,022.64. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per ounce.Eskay Mining climbed 60 ? to $3.00 per share. The company announced it is acquiring a 19.5% stake in Garibaldi Resources from the Sprott Foundation. Under the agreement, Eskay will acquire 23.7 million common shares of Garibaldi Resources va...Read More
The Dow Jones Industrial Average climbed 3.89% to finish the week at 31,148.24 and the S&P 500 advanced 0.02% to 3,841.47. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per ounce. Freeport-McMoRan jumped US$4.82 to US$31.73 per share. Reuters reported on Feb. 5 that Freeport may only have to finance 7.5% of the US$2.8 billion copper smelter it is building in Indonesia with China's Ts...Read More
Maybe it is just better not to bring up the subject of value in these markets.Are P/S ratios best left unsaid?Read the latest Insights here. Read More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Hedging a portfolio is a good idea if one thinks we’re in for rough waters ahead. Indeed, some of the greatest investors of all time have begun to do so.Warren Buffett’s recent foray into Barrick Gold (TSX:ABX)(NYSE:GOLD) has opened the eyes of many investors in this regard. The Oracle of Omaha had previously denounced any investments in precious metals for the longest time....Read More
Gold, which last week plunged below $1,800 an ounce, was worth $1,818/oz at the time of writing.Among the market movers, dual-listed SolGold closed down 16.3% in London (LSE: SOLG) after announcing it was delaying the prefeasibility study for its Alpala project in Ecuador again.It said the revised PFS covering the entire Cascabel concession needed more work "to sufficiently address a number of min...Read More
The Roraima state bill legalizing garimpo prospecting, if signed into law by the governor, could put the Yanomami reserve and other Indigenous territories at greater risk of invasion and COVID-19 infection.Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) is pleased to announce that it has completed its previously announced acquisition (the "Acquisition") of East Side Games Inc. ("ESG")."We are tremendously excited to officially welcome East Side Games, a leading Canadian publisher and developer of mobile games, to the LEAF Mobile family," said Darcy Taylor, Chief Executive Officer of LEAF Mobile Inc....Read More
If you don’t have a lot of money to invest in the stock market, there isn’t much to worry about. There are plenty of stocks selling at affordable prices on the Toronto Stock Exchange. The great part about buying small to mid-cap stocks is that they have plenty of room to run which could translate into high returns for your stock market portfolio.Here are three small to mid-cap stocks o...Read More
Traders on a Reddit platform triggered the frenzy in silver, but factors such as the use of the metal in solar panels are also fueling the price.Read full newsRead More
Kenorland Minerals Ltd. is pleased to announce that the Company hRead full newsRead More