While gold gained 14% over the last month intermediate gold miner Gran Colombia Gold Corp. (TSX:GCM) gained over 18% as the performance of its one-time troubled operations in Colombia improved. There has been growing conjecture that now is the time for investors to add Gran Colombia to their portfolios because of a positive outlook for gold combined with the significant enhancements being made to...Read More
With a mix of earnings slowdowns, rising share prices, and negative outlooks, the "hold signal" list for stocks on the TSX index contains enough reasons to stay on the fence. However, at a casual glance, there may seem to be a lot of great stocks on that list that ought to be snapped up right away: take that low P/E or attractive dividend, that high growth or low debt, for instance.But all is not...Read More
Tense negotiations in the lead up to the United States-Mexico-Canada Agreement (USMCA) led to volatility for metals stocks. The United States slapped steel and aluminum tariffs on Canadian and Mexican imports on June 1, 2018. Both countries have lobbied for these tariffs to be removed after signing the USMCA, but they remain in effect.The squeeze on the market was initially very positive for steel...Read More
What do fruit and vegetable drinks, gold, and utilities have in common? On the face of it, not very much; however, all three industries offer Canadian investors some passive income in largely defensive industries. Representing these industries are the following three TSX index luminaries; their stats are discussed here for the prospective buyer.Fortis (TSX:FTS)(NYSE:FTS)Fortis had a one-year past...Read More
A recent review of gold mining stocks by The MoneyLetter turned up three analyst reports with recommendations ranging from 'speculative buy' to 'buy' to 'outperformer'.The MoneyLetter recently surveyed security analyst reports and found three gold mining stocks to buy.PI Financial on Troilus GoldGold and copper mining stock Troilus Gold Corp. (TSX-TLG) is "piecing together positive exploration res...Read More
Eddie Sugar had come a long way from running orders directly for Brent Potts at Potts West Trumbull in Bond Street in the 1980s to his seat in a senior executive position at Jefferies & Co, one ofRead More
The Goldsource Mines Eagle Mountain Gold Mine in Guyana, South America. Photo courtesy Goldsource Mines Inc.Shares of Goldsource Mines Inc. [GXX-TSXV, GXSFF-OTCBB, G5M-FSE] rallied sharply on Wednesday after the company reported a new high-grade discovery at its Eagle Mountain Gold Project in Guyana.The discovery was made during ongoing exploration in an area known as the Salbora target.Highlight...Read More
Drilling operations at the Barkerville Gold Mines Cariboo gold project near Wells, British Columbia. Source: Barkerville Gold Mines Ltd.Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF-OTC; IWUB-FSE] on Wednesday reported impressive results from drilling at its Cariboo Gold project in central British Columbia.Wednesday's news release contains the final drilling results from the 2018 Cow Mountain explo...Read More
Click to enlargeGoldsource Mines Inc. [GSX:TSXV] is pleased to report a new high-grade discovery from the first two diamond core hole results based on the ongoing exploration program at the Salbora target, Eagle Mountain Gold Project in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain.The Company's first two diamond core holes include EMD18-053 with 40.0 metres (...Read More
A decade ago, China quietly turned the small city of Yunfu into an alternative energy juggernaut.What was once barren hills is now an industrial park that churns out hundreds of electric cars and buses each year.You and I both know why the Chinese are concerned about air pollution.Back in October 2013, China issued its first red alert for smog, the most serious level on its air quality index.And s...Read More
This episode features a round-table discussion on "Big Data" recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.The panelists are: Talia Dabby, director in the Technology Consulting, and People and Organization Practices at PwC Canada; Humera Malik, founder and CEO of Canvass Analytics; Glenn Mullan, president of the Prospec...Read More
Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's...Read More
Galway Metals (TSXV: GWM) has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold discovery on the property in two and a half years of drilling.The new gold zone is along strike of the project's George Murphy and Jubilee Zones.The discovery hole intersected weathered, altered sediments with disseminated pyri...Read More
Another one was announced yesterday.This time it's Aphria (TSX: APHA)(NYSE: APHA). The takeover bid came last night after market close. The unsolicited bid by Green Growth Brands (CSE: GGB) values Aphria at C$2.3 billion.Aphria stock, despite a biting short report that came out late last year, is up more than 33% so far this year.Jimmy's readers are up a bit more than that, having gotten in earlie...Read More
Before we get into this, I've got to say that I like some aspects of silver as an investment, but it tarnishes in the real world (sorry).I'm probably going to take some heat on this, and everyone feel free to email in and let me know what you think, but I think there are better metal investments (especially miners) to invest in right now.Unlike gold, where most of it goes into jewelry and investme...Read More
Another one was announced yesterday.This time it's Aphria (TSX: APHA)(NYSE: APHA). The takeover bid came last night after market close. The unsolicited bid by Green Growth Brands (CSE: GGB) values Aphria at C$2.3 billion.Aphria stock, despite a biting short report that came out late last year, is up more than 33% so far this year.Jimmy's readers are up a bit more than that, having gotten in earlie...Read More
In Switzerland, it's illegal to walk down the street smoking a joint.But that's not stopping the wealthy elite from doing million-dollar cannabis deals at this week's World Economic Forum.It is here where a select group of cannabis companies and politicians will meet for a three-hour lunch at the world-famous H??henweg restaurant, which is only accessible by cable car.While this small bit of infor...Read More
SANTA CLARA, Calif., Jan. 22, 2019 /PRNewswire/ -- The Responsible Gold Ecosystem, developed by Emergent Technology Holdings LP (Read full newsRead More
Barrick Gold Corp.'s full-year gold production was 4.53 million ounces for 2018 and full year gold sales of 4.54 million ounces, according to preliminary results announced Jan. 21.Read full newsRead More
NxGold Ltd. (TSXV:NXN) is pleased to provide the final results from the 2018 work programs at the Mt. Roe Gold Project located in the Pilbara region of Western Australia.Read full newsRead More