Gold continues to be hot this year and junior gold miners are reaping the rewards as analysts bring light to the various investment opportunities that provide access to the companies extracting gold from the earth. Interest is increasing towards allocating to gold in the current market environment. As such, the capital appreciation and diversification potential of small- and mid-cap gold an...Read More
The materials sector .GSPTTMT, which includes precious and base metals miners, added 1.8% as gold futures GCc1 rose 0.9% to $1,844.9 an ounce on Tuesday. The rise comes after a brief correction on Monday that saw gold prices fall as a rollout of the a COVID-19 vaccine in the U.S. and doubts about another round of relief aid out of Congress prompted the precious metal to mark its lowest settlement...Read More
When you research stocks to buy on the Toronto Stock Exchange for the new year, it may be a good idea to avoid tourism. Instead of investing in the struggling travel industry, stocks involved in mining seem to be going strong. More specifically, firms offering services to the booming precious metals extractors might be a good bet.It’s a difficult market to invest in at the moment. Anything s...Read More
If you are worried that the bull market will end soon, you aren’t alone. The massive rally in equities despite the weak economic trajectory is leading many to believe that the stock market could crash in 2021. Whether the market would crash or not remains to be seen. However, we can certainly prepare our portfolio for the next crash. Here are three such top TSX stocks that should be a p...Read More
"With regard to interest rates, we continue to expect it will be appropriate to maintain the current 0-0.25% target range for the federal funds rate until labour market conditions have reached levels consistent with the committee's assessments of maximum employment and inflation has risen to 2% and is on track to moderately exceed 2% percent for some time," he said.Gold rose to US$1,865 an ounce o...Read More
Three mines on three continents are examples of what's happening in copper, the metal voted by investors as the most likely to succeed in both the old world of construction and plumbing and the newRead More
Share this article SUDBURY - The Federal Economic Development Initiative for Northern Ontario and the Northern Ontario Heritage Fund Corporation plan to create more than 100 full-time jobs, to improve Canada's supply chain and reduce import dependency for electric vehicle battery production.The Government of Canada and the Government of Ontario are each investing $5 million in the First Cobalt Co...Read More
Share this articleTORONTO - Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a quarterly dividend payment for the fourth quarter of 2020 of US$0.1875 per common share will be paid on January 14, 2021 to shareholders of record as of the close of business on December 31, 2020. The US$0.1875 per share payment represents a 50% increase in the quarterly dividend from the previo...Read More
Emerging miner Pure Gold Mining (TSXV: PGM; LSE: PUR) has introduced first ore to the mill at its PureGold mine in Red Lake, Ontario. With first gold production expected later this month, the company will moving on to a full-scale ramp up of the mining and milling activities in the next quarter."The introduction of ore to the milling facility reflects the successful culmination of our project buil...Read More
Explorer Surge Copper (TSXV: SURG) has entered into a definitive option agreement with Centerra Gold (TSX: CG) to hold the right to acquire a 70% interest in the Berg porphyry deposit in central British Columbia.Under the terms of the agreement, Surge can earn a 70% stake in the copper-molybdenum-silver project by issuing $5 million worth of its common shares and spending $8 million on the propert...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying fellow miner Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new U.S.-focused gold miner to be called i-80 Gold Corp.The all-stock deal valued at $612 million (US$480 million) hands Equinox Gold Premier's interest in the Hardrock project in Ontario, the Mercedes Mine in Mexico and the Hasaga and Rahill-Bonanza properties in...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) is partnering with the Taykwa Tagamou First Nation to develop electric power for its Crawford nickel-cobalt sulphide project in Ontario's Timmins-Cochrane mining camp.Under a memorandum of understanding, the Taykwa Tagamou Nation will develop the electrical transmission assets to supply Crawford with reliable power and the junior exploration company...Read More
Aurania Resources (TSXV: ARU; US-OTC: AUIF) reported that it found more evidence of ancient roads and peculiar landforms that may be old prospecting or mine sites near its Lost Cities - Cutucu project in southeastern Ecuador. In detail, the Canadian miner found the roads in the vicinity of the Tiria-Shimpia silver-zinc-lead target area, which is developing into one of the larger mineralized areas...Read More
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that it will come with a price tag of US$6.75 billion.When it was approved in 2015, Rio Tinto expected the expansion to cost US$5.3 billion and reach first sustainable production in early of 2021.In 2019, however, the...Read More
If I had to guess, I would say most people don't think about the shipping industry until this time of year. But Christmas is only days away, and packages need to get from A to B. Black Friday shoppers drove record sales this year, and that's projected to continue up to the holiday. The National Retail Federation estimates that holiday sales this year will rise between 3.6% and 5.2% from last year...Read More
Starcore earns $0.03 a share in Q2, $0.06 a share for 6 months ended in fiscal 2021.Read More
Starcore earns $0.03 a share in Q2, $0.06 a share for 6 months ended in fiscal 2021.Read More
Grande Portage Resources (GPG) has hit promising early results, while testing new...Read full newsRead More
FPX Nickel Corp. is pleased to provide a year-end review of the CRead full newsRead More
Precipitate Gold Corp. is pleased to announce that Barrick Gold CRead full newsRead More