Value investing just can’t catch a break. The bull market — remember that? — was all about chasing upside. Value investors and contrarians were rubbing shoulders. Now comes the coronavirus, and not only is nobody rubbing shoulders anymore, but value investing is just as unpopular. But again, the contrarian thesis is strong here. There are a bunch of names that are simply reviled...Read More
There may be bumps in the road for the green economy. Staunch oil bulls must be relieved to see it. After all, the emergence of better electric vehicle (EV) tech and the increasing cost efficiencies of renewables are major headwinds for oil. But the war for the middle ground of the energy sector is far from over. In fact, a pullback in green economy stocks could even be seen as a mid-term value op...Read More
Commodities markets have been odd this year, while oil is going through one of the most unprecedented crashes in history, many other commodities markets are seeing a shortage in production. This is creating the perfect environment for several TSX stocks.Gold, for example, is likely to see a major increase in demand this year as governments put downward pressure on their currencies. Yet many...Read More
Autonomous truck at the Solomon Hub. (Image courtesy of Fortescue Metals Group) Fortescue Metals ASX: (FMG) has upgraded its guidance for 2020 iron ore shipments to 175-177 million tonnes, based on strong operating performance year-to-date. The company reported third-quarter iron ore shipments of 42.3 million tonnes, 10% higher than 38.3 million tonnes a year earlier. Year-to-date shipments are...Read More
Image by M W from Pixabay. Investment inflows helped push the gold price to a seven-year high during Q1, as global gold demand in value terms reached $55 billion - the highest since Q2 2013.In the first quarter, global demand for the yellow metal inched up 1% year-on-year to 1,083.8 tonnes, in large part due to an 80% surge in total investment demand (to 539.6 tonnes) as investors look to safe-ha...Read More
Image courtesy of Yamana Gold. Yamana Gold (TSX:YRI; NYSE:AUY) has raised its annual dividend by a further 25% to $0.0625 on the back of strong first-quarter results. This is the third dividend increase announced by the company over the past year, representing a cumulative total increase of 213%.For the three-month period, Yamana posted net earnings of $45 million or $0.05 per share, an improveme...Read More
The China-Belarus deal ends a 19-month wait for an annual potash contract. (Image courtesy of BPC.) Belarusian potash marketer BPC, the world's largest exporter of fertilizers, has inked a deal with a consortium of Chinese companies who agreed to buy the commodity for $220 a tonne, a $70 per tonne decline on the previous contract.Supply contracts to China and India traditionally are benchmarks f...Read More
Endeavour's first and highest grade silver mine, Guanacevi, in the Durango state. (Image courtesy of Endeavour Silver.) Canada's Endeavour Silver (TSX:EDR) (NYSE: EXK) anticipates reopening its three Mexican mines on May 18, despite the country'sgovernment extending the suspension of all non-essential activities until May30.The reason for the early resumption of operations is that President A...Read More
The company had announced an exit strategy for VNC in the France-governed island in the Pacific Ocean in December.Travers said Vale received some non-binding offers for VNC at the end of February and he did not believe the COVID-19 pandemic would impact the process too much."So we have a good level of confidence that we should be finding a potential investor in the next month or two," he said."So...Read More
Perry Gardner was 81 when he died.A former postal worker, Perry, and his wife moved to Florida after they retired.They had a beautiful home, a sizable nest egg, and the life they had always looked forward to.Unfortunately, Perry wasn't in the best shape.You see, about 10 years ago, Perry's knees started to give out.After years of wear and tear from walking his mail route, carrying multiple bags of...Read More
Rockcliff Metals (CSE: RCLF) has announced a new high-grade nickel-PGE discovery at its wholly-owned Tower property, 600 metres south of the company's high grade, copper-rich Tower deposit and 130 km from Wabowden in central Manitoba.Drilling at the property was conducted in the winter of 2019-2020, with drill hole 20-002 intersecting 2 metres grading 2.53% nickel, 3.08 grams palladium per tonne a...Read More
Infill results from Osisko Mining's (TSX: OSK) drill program at the Windfall gold project in the Abitibi greenstone belt in Quebec continue to suggest strong grades within the Lynx zone and confirm past step outs of Triple Lynx.Drill highlights released on April 29 include 3 metres of 35.3 grams gold per tonne, which confirms a prior intercept of an up-plunge extension of the Triple Lynx zone 120...Read More
Torex Gold Resources (TSX: TXG) is trialling a new underground mining system at its wholly-owned Morelos Gold property in Mexico's Guerrero state, 180 km southwest of Mexico City.The property is made up of the El Lim??n Guajes (ELG) mine complex, which features the El Lim??n, Guajes and El Lim??n Sur open pits, the El Lim??n underground mine, including the Sub-Sill, El Lim??n, Deep and 71 zones, a...Read More
In 2018, China launched a secret project with the goal of eradicating U.S. submarines. It's called Project Guanlan, which means "Watching the Big Waves," and it's a space-based laser weapon.If you're a regular reader, then this won't come as a surprise to you. Just last week I talked about China's latest laser assault on U.S. forces in the Pacific - an incident on February 17 in which a Chinese...Read More
Ira EpsteinGold's daily chart shows a pattern of an inside consolidation defined by the short-term swing lines..Read More
I expect some more additional stimulus measures today. Federal Reserve will copy its counter parts of bank of Japan and bank of England on additional stimulus measures. European central bank meeting tomorrow will have least impact on gold and silver. It can impact Euro versus the US dollar and Euro versus the Yen. In the month of May more and more nations will allow factories and businesses to f...Read More
Apr 28, 2020 (TheNewswire.ca via COMTEX) --(via TheNewswire) Vancouver, British Columbia - TheNewswire - April 28th, 2020 - Candente Gold Corp. (TSXV:CDG)...Read full newsRead More
While Microsoft MSFT (MSFT) is getting some attention in after hours trading on its earnings beat, earlier Wednesday our March 20th morning stock Sylogist (SYZ) reported quarterly numbers and raised its dividend 10%. That helped push the stock 4% higher. Part of their success in the quarter was driven by their NaviPayroll payroll application which is starting to gain momentum. The company also sa...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Indonesia's Coordinating Ministry for Maritime Affairs and Investment has rejected a proposal by nickel miners to allow the export of nickel ore again, the ministry's spokesman, Jodi Mahardi, told Reuters on Wednesday.Read full newsRead More