"We expect continued global economic uncertainty to pressure sales to users in 2020 and cause dealers to further reduce inventories," chairman and CEO Jim Umpleby said."We have improved our lead times and remain prepared to respond quickly to any positive or negative changes in customer demand."We will continue to invest in services and expanded offerings to advance our strategy for long-term prof...Read More
Share this articleThe Vancouver-based mining company proposing to build the massive Frontier oilsands mine in northeastern Alberta has set a target to be "carbon neutral" by 2050.Teck Resources Ltd., which is awaiting a decision from the federal government on Frontier, says it will try to achieve its goal by first avoiding creating emissions and then eliminating or minimizing them.It says it will...Read More
Today is Monday, February 3, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,576.15. It's down -0.85% from yesterday and up...Read More
Today is Monday, February 3, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Calumet Specialty Products Partners LP (NASDAQ: CLMT), HighPoint Resources Corporation (NYSE: HPR), and Clean Energy Fuels Corporation (NASDAQ: CLNE).Calumet Specialty Products Partners LP (NASDAQ: CLMT)Calumet Specialty Products Partners LP (NASDAQ: CLMT) is a $324.98 million...Read More
The Democratic Republic of the Congo is ostensibly making moves to control both the price and perception of cobalt.The Central African nation is planning to create a new state-owned corporation to buy cobalt mined from all "artisanal" operations.What is artisanal mining?Artisanal mining describes small-scale operations conducted by an individual or group independent of an organized company. But th...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released an updated resource for the 51-sq.-km Beartrack-Arnett project in Idaho with substantial growth in the inferred resource category.The latest estimate features updated numbers for the Beartrack portion as well as an initial estimate for Arnett.Indicated resources now stand at 36.4 million tonnes grading 1.16 grams gold per tonne for a total of 1....Read More
Centerra Gold (TSX: CG) has poured the first gold from its Oksut mine in Turkey.Oksut will be the company's third operating gold mine, joining Kumtor and Mount Milligan.A 2015 feasibility study for the project outlines an operation producing an average of 110,000 oz. gold per year at all-in sustaining costs (AISCs) of US$490 per oz., with a development capital cost of US$200 million.Reserves for O...Read More
The mining and metals sector is facing greater scrutiny from communities in host countries, consumers and society at large, demanding transparent, ethical supply chains, as well as a lower carbon footprint, a new study from Deloitte shows.Rather than declining any time soon, the pressure to meet those expectations will force resource companies to redefine the way they do business, shaping the sect...Read More
We talked with Brad Underwood, Managing Director of Galileo Mining (ASX: GAL) about their nickel and cobalt projects in Western Australia. Galileo is focused mostly on greenfield exploration.Brad Underwood describes them as, "an exploration and prospecting company, wrapped into one." They are experts in target generation and focus on drilling targets to make discoveries. Two projects, both based i...Read More
While traveling in Vancouver for conferences recently, I had the chance to catch up with Revival Gold (TSX-V: RVG)(OTC: RVLGF) President & CEO Hugh Agro.Revival is one of the three companies I featured in my gold talk at the Vancouver Resource Investment Conference. It has been one of the more successful companies in the space over the past few years, having raised money at sequentially higher pri...Read More
Dr. Mark O'Dea, founder of Oxygen Capital delivers his keynote presentation: "Right timing. Right place." to an absolutely full ...Read More
A Northern Territory gold mine which could create up to 80 jobs and provide a shot in the arm to the embattled nearby town of Pine Creek could be put in jeopardy by a rare and tiny flying mammal.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index fell 23.31 points or 2% to 1175.28 as world markets took a hit from the fears surrounding the coronavirus.The Index finally succumbed to the negative divergence in momentum that we have been touting over a number of weeks as a warning of coming weakness. MACD tumbled...Read More
A Northern Territory gold mine which could create up to 80 jobs and provide a shot in the arm to the embattled nearby town of Pine Creek could be put in jeopardy by a rare and tiny flying mammal.Read full newsRead More
"@killerwild I'll be looking at it,but not ready to comment.1589 is very close.Feb will make a new high above Jan & i think WATCHING very closely what it does right after that will be important. Keep in mind that the resistance is 1588-1630 so not out of woods yet but potential is there"Read full newsRead More
"@Simple_Trends @SmokZy_Joe Once she's done throwing Bernie under the bus --- and Joe's number's don't improve ---- at some point --- she's gonna try and run.Might even take until the convention, but I believe she's working it behind the curtain."Read full newsRead More
Value investing could be back in fashion this year, and with some great-quality stocks in the TSX bargain bin, Canadians have some intriguing options today. Looking to get defensive with a portfolio? With the rising level of risk in the markets, it certainly makes sense. Today, we’ll review three dividend stocks that match good value for money with defensive clout.A market-leading electric v...Read More
Hi there, Fools. I’m back to call attention to three stocks at new 52-week lows. Why? Because the big gains in the stock market are made by buying attractive companiesduring times of maximum investor pessimism; andwhen they’re available at a clear discount to intrinsic value.As legendary value investor Warren Buffett once quipped, “Whether we’re talking about socks or stock...Read More
(Reference image by Stevepb, Pixabay). A report by Wood Mackenzie argues that despite the global continued investment in new battery plants, weaker demand for nickel sulphate or NiSO4 tied to last year's cut in Chinese electric vehicle subsidies will translate to more discounts in the metal's price in 2020."We previously noted that premiums for NiSO4 might come under pressure due to stronger supp...Read More
The San Jose/ Valdefl??rez lithium project is located in Extremadura, pictured here. (Image by HS_Lahr, Needpix). Tecnolog?-a Extreme??a del Litio, a JV between Australia's Infinity Lithium (ASX: INF) and Spain's Valoriza Miner?-a, is being asked to pay a ?,?2,500-fine and to restore an area where it carved roads and installed drilling platforms in its quest to further explore the San Jos?(C) / V...Read More