Why we could be seeing a short-term opportunity to buy this UK share at a better price just before a recovery in earnings. The post Forget gold! I think UK shares like this one can help me make a million appeared first on The Motley Fool UK.Read full newsRead More
Speaking to Mining Journal at the Beaver Creek Precious Metals Summit - held virtually this year - Euro Sun's CEO Scott Moore said the company, already listed on the TSX, would list on the main marketRead More
BHP (NYSE: BHP; LSE: BHP) has told Australian Aboriginal groups to freely speak their mind about the way it manages cultural heritage as the miner readies to appear before a federal inquiry following Rio Tinto's (NYSE: RIO; LSE: RIO) destruction of two 46,000-year-old sacred shelters.Both companies have been criticized for having gag clauses in land agreements preventing traditional owners from pu...Read More
The second stock market crash is inevitable. Billionaire investor George Soros, in his book Alchemy of Finance, talked about the two concepts of fallibility and reflexivity. He explained that market participants’ view of the world is incomplete and distorted (fallibility), which leads them to take inappropriate actions (reflexivity). These inappropriate actions help informed participants to...Read More
This year will be etched in the record books for multiple reasons. The COVID-19 pandemic has led to a massive spike in unemployment rates, a slump in global GDP, and falling interest rates, among other things. The markets responded in kind and slumped over 35% in just over a month earlier this year.However, the V-shaped recovery in the last few months has led experts to believe that the stock mark...Read More
The stock market is moving in stark contrast to the economy. Billionaire investor George Soros calls it the liquidity bubble formed by the free money coming from the fiscal stimulus package. This liquidity bubble is driving the stock valuations to new highs. Hence, billionaire investors like George Soros and Warren Buffett are not participating in this stock market bubble.The state of the economy...Read More
Earlier this summer, I’d discussed why Canadians should get in on stocks that were connected to the electric vehicle market. McKinsey, the top management consulting firm, recently discussed the slump for electric vehicle sales in the first quarter of 2020. Sales dropped 25% in Q1 2020, coming after a slower sales year in 2019. Still, this market is well positioned for attractive growth in th...Read More
The AIM-listed company was forced to shut down its plant on Monday after around 3,000 cubic metres of tailings material leaked into a local river.Read More
Share this articleVANCOUVER - Mining company Teck Resources Ltd. says it is making another step on its vow to be carbon emission neutral by 2050 by signing a long-term renewable power purchase agreement for its Carmen de Andacollo copper mine in Chile.Under the agreement, the mine will source 72 megawatts (550 gigawatt-hours per year) from AES Gener's renewable portfolio of wind, solar and hydroel...Read More
I sent my niece a card with $20 in it for her birthday.She called to thank me but then delicately requested that in the future I Venmo her any birthday money as it's hard for her to buy anything with cash:This way, it goes right into my account, and I don't actually have to go out anywhere to buy something.Now, to be honest, I'm pretty sure she only spends her money on apps and weed, and apparentl...Read More
With large-scale deposits hard to find, much has been made of the size of Kamoa-Kakula, Ivanhoe Mines' (TSX: IVN; US-OTC: IVPAF) project on the central Africa copper belt straddling the Democratic Republic of Congo (DRC) and Zambia.A recent note by BMO Capital Markets compares Kamoa-Kakula to the world's ten largest copper mines based on 2019 production numbers to offer perspective on mining finan...Read More
Teck Resources (TSX: TECK.A/B; NYSE: TECK) has signed a long-term agreement that will provide its Carmen de Andacollo copper operation in central Chile with 100% renewable power, eliminating 200,000 tonnes of greenhouse gas (GHG) emissions - the equivalent of taking 40,000 cars off the road - annually.Under the agreement with AES Corp., the operation will be supplied with 72 MW per year from AES's...Read More
Magna Gold (TSXV: MGR; US-OTC: MGLQF) has released the results of a preliminary feasibility study (PFS) on its San Francisco mine, acquired earlier this year, in Mexico's Sonora state.The study suggests a 16,875 tonne per day heap-leach operation, using existing processing capacity, generating an average of 69,000 oz. gold per year between 2021 and 2027 at all-in sustaining costs (AISCs) of US$1,2...Read More
An environmental court in Chile has confirmed that Barrick Gold's (TSX: ABX; NYSE: GOLD) Pascua Lama open-pit project located on the border between Argentina and Chile must close, according to BN Americas."The risk of damage to people's health makes it necessary to close the Pascua Lama mining project as alternatives do not seem viable to operate safely for the environment and public health," the...Read More
The U.S. dropped tariffs on Canadian aluminum Tuesday. The removal of the 10% tariff introduced in August is likely to be welcomed by all sides, and the effect on TSX metals stocks has already been positive.Russel Metals (TSX:RUS) had been sitting on a 1% loss Tuesday morning. That quickly flipped to a gain of a percentage point. Towards the end of the week, the majority of gains had been retained...Read More
The stock market crash 2.0 is in the making. The TSX Composite Index is surging to new highs, while the economy witnesses its worst unemployment and gross domestic product (GDP) contraction since the 2009 financial crisis. The stock market rally hinges on the back of another fiscal stimulus package and the announcement of a coronavirus vaccine. If neither of the two materializes by the end of this...Read More
Those who invested in the shares of Docebo (TSX:DCBO), Shopify (TSX:SHOP)(NYSE:SHOP), and Kinross Gold (TSX:K)(NYSE:KGC) at the beginning of this year have a lot to cheer about. For instance, a $1,000 investment in Docebo stock at the beginning of the year would be worth $2,514 now.Meanwhile, if you would have invested the same amount in both Shopify and Kinross Gold stock, the...Read More
Empty trucks, empty technology, and empty promises.(And hookers, read on)That's exactly what Hindenburg Research accused Nikola Motors (NASDAQ: NKLA) of in a scathing short report last week called Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America.The high-flying electric car company - which has seen 200% gains in the last six months - was called an "int...Read More
Starcore is a gold producer in Mexico focused on the production of gold and silver at its wholly owned San Martin mine. This video ...Read More