Gold miner Kirkland Lake Gold (TSX:KL)(NYSE:KL) has been a on tear, reporting robust results since I first wrote about the miner in May 2017 and gaining a whopping 338% over that period, making it one of the best-performing gold stocks.Strong first-quarter resultsThe latest results from the miner indicate there are further gains ahead for patient investors, despite gold softening in recent weeks....Read More
Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) is an interesting pick for investors seeking a precious metals investment with plenty of growth prospects but little of the risk associated with traditional miners. Here’s what makes Wheaton unique among miners and why this is the precious metals company that should be in your portfolio.Wheaton’s advantage in volatile precious metalsOne of th...Read More
On May 17, investors breathed a collective sigh of relief, as U.S. and Canadian officials announced a tentative agreement on steel tariffs. The deal, in which the U.S. agreed to lift $1.27 billion worth of tariffs on Canadian goods, was hailed as a victory by the Trudeau government, whose officials referred to it as a “win win for everyone involved.” Many Canadian steel workers remain...Read More
The housing market continues show contracting sales volume. April existing home sales fell 0.4% (SAAR - Seasonally Adjusted Annualized Rate) from March and 4.4% from last April. Existing home sales have dropped year-over-year 14 months in a row. This is the worst run since the housing crisis.Obviously from a seasonal standpoint, if the market were healthy, home sales should be increasing month-to-...Read More
The U.S. Department of Energy has begun working with major American companies in an effort to make offshore wind power a lot cheaper.The DOE recently allocated up to $8 million to four projects that aim to "develop more efficient, smaller, and lighter-weight generators."The department says new designs could make the next generation of offshore wind turbines 50% smaller and lighter. And that could...Read More
The following is an edited summary from the World Gold Council, based on its "Gold Demand Trends Full Year and Q4 2018" report. To access the report, visit www.gold.org.Global gold demand grew to 1,053 tonnes in the first quarter of 2019, up 7% on the same period last year, according to the World Gold Council's latest Gold Demand Trends report. This year-on-year increase largely owed to growth in...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the idea of the 1100 level providing support after holding firm on the last 4 re-tests quickly went out the window. As oil plunged 6.8%, the Index slipped on an oil slick of its own and its skid accelerated as the week progressed. In all, the INK CIN wiped out to the tune of 2...Read More
The request was made in a letter to the China International Big Data Industry Expo.Read full newsRead More
A magnitude 8.0 earthquake struck northern Peru early Sunday near copper and gold mines, prompting officials to activate emergency protocols.The quake hit at 2:41 a.m. local time, according to the European-Mediterranean Seismological Centre. The U.S. Geological Survey put the epicenter at 75 kilometers (47 miles) south-southeast of the village of Lagunas.Tremors were moderately felt in the capital...Read More
Unionized workers at Codelco's Chuquicamata operation rejected on Saturday the miner's final contract negotiation offer and announced that on Tuesday and Wednesday they will be voting on a proposal to go on strike.In a communiqu?(C) made public via social media, the union's leadership said the proposal presented to them by the world's No. 1 copper producer was a 'joke' aimed at suppressing workers...Read More
Organizations behind lab-grown diamonds continue to push to conquer the market.As miners of the precious stones are struggling across the board, particularly those unearthing cheaper and smaller gems where there is too much supply, companies producing synthetic diamonds are expanding their reach by incorporating consumer feedback into their manufacturing and commercialization processes.According t...Read More
Organizations behind lab-grown diamonds continue to push to conquer the market.As miners of the precious stones are struggling across the board, particularly those unearthing cheaper and smaller gems where there is too much supply, companies producing synthetic diamonds are expanding their reach by incorporating consumer feedback into their manufacturing and commercialization processes.According t...Read More
Researchers at Russia's Ural Federal University, known by its initials UrFU, are working on a method for extracting non-ferrous and noble metals from hard-to-process ores.In such ores, valuable components like gold and platinum group metals may be present as nanoscale particles, they may be disseminated into the minerals' sulfide matrix, or there may be rich in highly-toxic compounds as arsenic or...Read More
Kamloops, British Columbia--(Newsfile Corp. - May 23, 2019) - Advance Gold Corp. (AAX) (Read full newsRead More
GCGX Global Consortium Inc.: Global Consortium Inc. (GCGX) Expands Reach, Building First-Ever Cannabis Mall - The compa - #5439972Read full newsRead More
Can a retirement investment fund such as an RRSP or RRIF really be shored up by investment in just three stocks? Depending on what kind of spread of assets is already held in a portfolio, adding a few strengthening stocks can help to spread the risk while bringing in some welcome passive income. The three stocks below represent the kind of investments that could deliver this type of added stabilit...Read More
While drugs and gold were the two most popular forms of payment for votes in the recent election in India, portfolio manager Elvis Picardo proffers far better reasons for picking a pharmaceutical stock and a gold stock as his two current 'best buys'.Big gains since the lows of December have kept clients confident, hopeful and invested, observes West Coast portfolio manager Elvis Picardo. "It's gre...Read More
Again we will say that Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with yet that is normal in a bear market. They should ask themselves "who is buying?" as there is a strong possibility that they are literally givi...Read More
Agnico increased its position from 9.435% to 19.9% through the acquisition of an additional 26.1 million shares priced at C20c for a total investment of $5.2 million. It now owns 42.5 million shares in Royal Road.In addition, Agnico and Royal Road entered into an investor rights agreement under which Agnico has the right to participate in future equity financings to maintain its pro rata ownership...Read More
Breaker Resources NL (ASX: BRB) is focused on discovering and developing large new gold deposits, hidden by transported cover, in Western Australia's Eastern Goldfields' Super-terrane, where the Company made three separate high-grade gold discoveries in 2016. We learned from Tom Sanders, Executive Chairman of Breaker Resources, that they have been drilling non-stop for the past two years, and have...Read More