A month into the new decade, it is time to start anew and take another look at the stock market and your investment portfolio. It certainly looks like there are a lot of shares on sale lately since the announcement of last year’s U.S. Federal Reserve tax cuts and various geopolitical factors.2019 was a fantastic year for the TSX Index. It climbed to all-time highs, but also saw plenty of vol...Read More
Pricey weddings as gold hits record highs in local currency in 2019. Stock image. Global gold demand in the second half of 2019 showed robust growth, largely on the back of investor appetite for physically-backed exchange traded funds, according to a Refinitiv GFMS report released on Wednesday.However, jewellery, coin and and bar demand dropped around the world, Refinitiv reported. Retail invest...Read More
Image from archives. A new report by global consultancy McKinsey & Co. looks at three key questions the mining sector needs to address in light of climate change. Entitled Climate risk and decarbonization: What every mining CEO needs to know, the report details the potential physical risk to mining assets, outlines how a low-carbon economy will shift demand for minerals, and looks at how mining c...Read More
The Proyecto Touro project in Galicia, Spain. Credit: Atalaya Mining Plc Atalaya Mining (TSX: AYM) announced Wednesday that the regional government of Galicia, Spain, has turned down the company's Proyecto Touro environmental impact statement (EIS), citing concern over the mine's impact on the Ulla river and related protected ecosystems.As noted by a press release issued by the Galicia government...Read More
The move will result in a fourth quarter 2019 pretax charge of about US$530 million, mainly for asset write-offs and including severance charges.Read More
Buying Pit N Portal will open surface equipment hire-focused Emeco up to the underground mining market and to being a mining contractor in its own right.Read More
The regional government in Galicia said its decision was based on two reports which raise concerns the project would cause environmental damage to the Ulla river downstream.Read More
Today is Wednesday, January 29, 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 $1,570.60. It's up 0.22% from yesterday and up...Read More
Today is Wednesday, January 29, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Ovintiv (NYSE: OVV), Holly Energy Partners LP (NYSE: HEP), and Baytex Energy Corporation (NYSE: BTE).Ovintiv (NYSE: OVV)Ovintiv (NYSE: OVV) is a $4.245 billion company today with a one-year return of -74.12%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-va...Read More
Three years ago, a small, little-talked-about report was released by the Department of the Interior.It was written by a bureau of the department known as the U.S. Geological Survey.The goal of the report was simple: identify information on events, trends, and issues for each mineral commodity. After all, the non-fuel minerals they researched were vital to the U.S. economy.The value added to our GD...Read More
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization of about US$1.75 billion.The deal, announced in December, adds Leagold's four mines in Mexico and Brazil to Equinox's portfolio, which consists of two mines in California and one in Brazil.As part...Read More
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said Tuesday.Miners are set to enjoy bumper margins and the trade-off between investing for the long-term and returning money to shareholders will be acutely apparent.It is crucial that miners capitalise on this moment in the spotlight to secure...Read More
Three years ago, a small, little-talked-about report was released by the Department of the Interior.It was written by a bureau of the department known as the U.S. Geological Survey.The goal of the report was simple: identify information on events, trends, and issues for each mineral commodity. After all, the non-fuel minerals they researched were vital to the U.S. economy.The value added to our GD...Read More
It's rained for the past week here in Spokane. The ski bums and ridge hippies aren't stoked about it. All this rain should be sweet, dry powder - it's late January in the Pacific Northwest for crying out loud. You know weather patterns are shifting. Storms and fires are getting stronger.I don't know if we're causing it or not. What I do know is that doing things more cleanly and sustainably is...Read More
"$WSBC - WesBanco, Inc.'s (WSBC) CEO Todd Clossin on Q4 2019 Results - Earnings Call Transcript. https://t.co/ZI4EIXYnj8 #stocks #finance #business"Read full newsRead More
"$CAC - Camden National Corporation (CAC) CEO Greg Dufour on Q4 2019 Results - Earnings Call Transcript. https://t.co/lZD0LUKfzO #markets #finance #business"Read full newsRead More
Northstar Gold Corp. (CSE:NSG) provides the following Miller Gold Property exploration update.Read full newsRead More
Guyana Goldstrike Inc. is pleased to announce the Company has signed a definitive gold forward purchase agreement for proceeds of up to US$9,000,000.Read full newsRead More
"Resource Market Outlook Forecast Learn from industry experts about investing in resources like gold, uranium and lithium in our FREE forecast and market report! https://t.co/G42vDQrZv8 #resources #preciousmetals #batterymetals #basemetals #investing"Read full newsRead More