The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index jumped 10.23% to 156.09. Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per oz., and the S&P/TSX Global Gold Index rose by 1.8% to 321.10.Teck Resources advanced $1.76 to $24.86 per share. The company signed...Read More
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per ounce.Rio Tinto jumped US$11.47 to US$86.69 per share. U.S. President Donald Trump's outgoing administration plans to approve a land swap on Jan. 15 that the company and its partners need to build the Resolution coppe...Read More
The S&P/TSX Venture Composite Index climbed 2.44% to finish the trading week at 896.71. Spot gold fell US$48 per oz., or 2.53%, to US$1,850 per ounce. Nouveau Monde Graphite jumped 77 ? to $1.80 per share. The company said it expects in the first quarter of this year to obtain authorisation from the provincial government to build commercial facilities at Saint-Michel-des-Saints for its Matawinie...Read More
Brian Leni is the founder of JuniorStockReview.com which exists to offer information, ideas, and strategies for managing ...Read More
In this week's Insights, we look at how rising inflation expectations has driven assets like Asian liquefied natural gas, bitcoin (BTC), and Canadian Insider stocks higher. All three set all-time highs in 2021, but how long will the rally last? Raoul Pal and Tony Greer offer contrasting opinions on INK Ultra Money.Read the latest edition here. Read More
Is it time to worry about food inflation? Read full newsRead More
The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More
The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More
In New York, the S&P 500 closed up 0.55% to a new record of 3,824.68.South Africa's FTSE/JSE Africa All Shares Index reached 63,829 intraday before closing up 0.76% to 63,519.Mineral resources and energy minister Gwede Mantashe, who also chairs the African National Congress, said the ANC's national executive committee had declared the theme for 2021 to be unity, renewal and reconstruction in t...Read More
As 2021 begins, the Covid-19 pandemic has left no part of Canada untouched, with cases reported in every province and territory, though at press time only the Northwest Territories (NWT) and Prince Edward Island had reported no deaths related to the coronavirus.However, the economic impact caused by the pandemic continues to wreak havoc in all regions of the country. And for jurisdictions like the...Read More
Developing new mining legislation, creating a water use tax and completing the Yukon's six outstanding land use plans in the next five years are among the substantial list of recommendations made by the independent panel in charge of the territory's mineral development strategy.The panel's final report, released Dec. 28, contains 79 recommendations meant to guide future mineral development in the...Read More
U.S. Gold Corp. (NASDAQ: USAU) is a U.S. focused gold exploration and development company, advancing its portfolio of exploration properties, including the CK Gold Project, located in Southeast Wyoming, as well as Keystone and Maggie Creek district scale exploration properties, on the Cortez and Carlin Trends in Nevada. We learned from Edward Karr, who is Executive Chairman of U.S. Gold Corp., tha...Read More
Those with Registered Retirement Savings Plans (RRSP) ought to consider following what Warren Buffett has recently done. The Oracle of Omaha has recently added exposure to one of the best Canadian stocks out there right now: Barrick Gold (TSX:ABX)(NYSE:GOLD).Here’s why I think this is one of the best portfolio additions for those with RRSPs right now.Hedging is more important...Read More
Market crashes are the times when fortunes are lost and made. A lot of an investor’s relative success (or losses) in a market crash are tied to predicting the timing of the crash and recovery. To make educated guesses, investors often observe the moves that institutional investors market giants like Warren Buffett are making. This helps them deduce (with reasonable accuracy) in which directi...Read More
Millions of people lost their jobs and businesses to the pandemic. Almost two million Canadians lost their jobs in April alone. A sizeable portion of the workforce was furloughed or forced to take vacations. Many suffered pay-cuts. Overall, 2020 was a financial mess. Thankfully, the government’s first line of defense against lost income, the CERB, proved quite useful.Over 25.6 million CERB a...Read More
Dividend investing is a popular way to earn passive income from a portfolio of personal assets. The lowest risk route to such income is via blue-chip stocks with proven track records. This combination of reliability and predictability is a strong way to build a portfolio based on steady wealth creation. Below is a breakdown of a key Canadian name that could help to build defensive backbone in just...Read More
Outgoing U.S. President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes.Read full newsRead More
Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week ?s end the world ?s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained by Reuters.Read full newsRead More
Gold79 Mines Ltd. announces that Minaurum Gold Inc. and its whollRead full newsRead More
Rokmaster Resources Corp. is pleased to announce the resumption oRead full newsRead More