Stocks are on sale, but our INK Indicator suggests taking a cautious approach to bargain hunting. While it has been a tough time for stocks, so far this year our insider of the week has a reason to smile. Finally, in our clip of the week, we continue to warn about over-loved BCE. Click here to read our latest free Insights newsletter. Read More
PORT PERRY - Ontario is expanding access to natural gas throughout rural, northern Ontario and Indigenous communities with the launch of the next phase of the Natural Gas Expansion Program.Bill Walker, Associate Minister of Energy, announced today that construction work has officially started to build a natural gas distribution pipeline and facilities to serve Scugog Island after it was granted ap...Read More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website. If you are not a Canadian Insider Club Ultra member, get full access to Real Vision and INK Research premium videos by joining us.Click here to join us and use coupon code LION20 for 50% of...Read More
"$XOG - Extraction Oil & Gas' (XOG) CEO Matt Owens on Q4 2019 Results - Earnings Call Transcript. https://t.co/SlxNhV9rVN #trading #business #stocks"Read full newsRead More
"$NEWT $NEWTI $NEWTL - Newtek Business Services Corp. 2019 Q4 - Results - Earnings Call Presentation. https://t.co/dxtSbHDMI8 #trading #investing #stocks"Read full newsRead More
Ontario premier Doug Ford and Greg Rickford, minister of Northern Development and Mines and Indigenous Affairs were at the Prospectors and Developers Association of Canada convention (PDAC) this week to announce a new agreement with two First Nations in the Ring of Fire to plan and develop a north-south road into the remote region.The Northern Road Link, an all-season road that would connect the M...Read More
There was a moment at the start of the week when it looked as though the worst might be over. Last Friday, investors had rushed to liquidate everything from banks and retailers to energy stocks. The TSX was down, and even packed up altogether for half of Thursday after a glitch put it offline. Few stocks came out unscathed, with a taste for gold and selected healthcare stocks emerging.Stocks then...Read More
Image: Atlas Copco The Canadian province of Ontario has committed C$63.3 million (about $47m) over five years to the Next Generation Networks Program, which is working to develop world-leading technologies to make mining safer, smarter and more productive. Greg Rickford, Minister of Energy, Northern Development and Mines, announced the launch of the CENGN Smart Mining Testbed at NORCAT in Greate...Read More
Guardhat Safety Helmet (Courtesy of Guardhat) Wearables - clothing, gear and other accessories incorporating computer and advanced electronic equipment - are evolving into important tools in the mining industry, driven by a combination of technological progress and market demand, according to data analysis company Global Data. As declining ore reserves push mines to greater depths and to remote l...Read More
Dragon statue in Shanghai covered in coins by joelwillis In a new report, Fitch analysts are revising up their 2020 copper price forecast to $5,900/tonne from $5,700/tonne as they now expect increased stimulus from the Chinese government to lift prices higher over the back half of the year. The research firm expects copper sentiment to remain subdued in the short term, thus weighing on pri...Read More
Buck project area. (Image courtesy San Marco Resources). San Marco Resources (TSXV: SMN) received a 5-year, area-based exploration permit for the Buck gold/silver/zinc project, located in British Columbia, western Canada.In a press release, San Marco said the permit allows for substantial drilling on the property, which will help test the known mineralized footprint, as well as outline additional...Read More
(Image courtesy of Roskill). A new report by Roskill suggests that the rising CO2 compliance costs that original equipment manufacturers within the automobile industry are facing in some jurisdictions are set to create a price parity between fully electric vehicles (BEV) and their internal combustion engine (ICE) counterparts.According to Roskill, the emission caps that some countries are impleme...Read More
The company posted a full-year loss attributable to shareholders of US$230.4 million, including a $105 million non-cash impairment on the carrying value of Kinsevere's oxide-related assets.Read More
God bless the Russkies...Oil prices continued heading lower on Friday as OPEC failed to convince Russia to agree to the additional production cuts the cartel was hoping for.Reuters reported overnight that a "high-level Russian source" told the news agency, "Moscow would not back an OPEC call for extra reductions in oil output and would only agree to extending existing OPEC+ cuts."OPEC was reported...Read More
Nexa Resources (TSX: NEXA; NYSE: NEXA) has released a preliminary economic assessment (PEA) for a potential underground mine at its Hilarion project in Peru - one of the largest undeveloped zinc projects in South America.Hilarion, 230 km north of Lima, would produce 115,000 tonnes zinc, 2.6 million oz. silver and 20,000 tonnes lead each year, representing 150,000 tonnes zinc equivalent over an ini...Read More
Anglo American Platinum, also known as Amplats, has temporarily shut down its Anglo converter plant, declared force majeure, and cut its 2020 output.The South African miner, the world's top platinum producer, now expects to churn out between 3.3 and 3.8 million oz. platinum group metals, 900,000 oz. short of its previous guidance of between 4.2 and 4.7 million ounces.The company's ACP phase A conv...Read More
You hear that coughing and wheezing?It's not someone infected with the coronavirus, it's the Wall Street junkie trolling for another hit of that sweet, sweet monetary stimulus."It's critical for the Fed to cut again. The market doesn't want one-off responses. The Fed has to be willing to cut repeatedly. If this is a one-and-done cut, that's a disaster and counterintuitive," a panicked investment b...Read More
The Mototrends Milwaukee Auto show delivered an exciting AR Scavenger hunt for all attendances that included TWENTY 3D MODELS of futuristic cars. Attendees w...Read full newsRead More
By: Ira EpsteinGold is fighting a battle. Momentum is slightly up, but needs to get above $1,654.30 swing line..Read More
Near zero bond yields globally will ensure that sharp corrections in gold will be used to invest for the short term as long as term. Guarded optimism in silver at the moment. One needs to remain on the sidelines till Monday. Clear picture of the spread of corona virus in USA and India will be known by end of next week. USA and India are two big consumers of goods and services. A big global slowd...Read More