Imagine that you - as a retirement investor - had to eschew the usual rote of stock selection based on branding, market cap, and hyperbole. If you were to stick to the usual defensive sectors of the TSX index but go for less obvious stocks to pad out an RRSP, what might those stocks be?Below you will find three suitable stocks that fit the bill, spanning the Canadian energy and mining industries,...Read More
So you want TSX index stocks that will set you up for years to come? Just right for an RRSP or other retirement savings plan, stocks like the following three popular choices offer retirement investors some solid gold routes to defensive dividends. Take a look at the stats as we delve into today's hottest retirement stock picks.Suncor Energy (TSX:SU)(NSE:SU)Towering over the Canadian investment lan...Read More
Nordic Gold's mill at its Laiva Mine near Raahe, Finland. Source: Nordic Gold Corp.Nordic Gold Corp. [NOR-TSXV; FIEIF-OTC] shares lost 38% of their value Wednesday February 13 after the company said it is experiencing liquidity and operational issues at its 100%-owned Laiva Mine near Raahe, Finland.In a status update that triggered heavy selling of the shares, Nordic said these problems are due to...Read More
Visible gold was encountered in the New Discovery area in drill hole BL 18-12. Photo courtesy Galway Metals Ltd.Galway Metals Ltd. [GWM-TSXV; GAYMF-OTC] rallied sharply on Wednesday February 13 after the company reported the first assays from a new gold find at the company's Clarence Stream project in southwest New Brunswick.The discovery hole, BL18-12, returned 7.3 g/t gold over 36.7 metres, incl...Read More
Site plan for Nemaska's Whabouchi lithium mine in Quebec. Source: Nemaska Lithium Inc.Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-FSE] shares tumbled Wednesday February 13 after the company said it will need an additional $374 million to complete the construction of its Whabouchi Project (mine and electrochemical plant) in Quebec.The announcement follows a "cost to complete reassessment" which...Read More
What is Saudi Arabia's greatest fear?It's not being called out by the international community over murdering a journalist. It's certainly not over the fact that women in the country were able to vote for the first time only a few years ago or were allowed to drive a car starting only last year. The answer... is camels.You see, neither of those first two things is more frightening to a young Saudi...Read More
John G. Speer, John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering at Colorado School of Mines, has been elected to the National Academy of Engineering. Election to the NAE is among the highest professional distinctions granted to engineers, recognizing those who have made outstanding contributions to "engineering research, practice or education, including, where...Read More
Early traditional miners would have never believed that the industry tools of choice would one day shift from shovels and pickaxes to automation and artificial intelligence.Mining companies are now faced with navigating how to operate - and seize the opportunities - in a market driven by constant disruption in the fourth Industrial Revolution. With a new era, comes new challenges. Companies that e...Read More
Continental Gold (TSX: CNL; US-OTC: CGOOF) has tabled an increased resource estimate for its Buritica gold development project in north-western Columbia that reinterprets the way the company sees its deposits and incorporates new zones called broad mineralized zones (BMZs).The company tabled its prior resource in 2015 and based it more on surface drilling as opposed to underground drilling. After...Read More
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale's devastating Corrego do Feijao tailings disaster in Brazil's Minas Gerais state in late January, where the grim count now stands at 165 dead, with 160 people missing, mostly Vale employees.The Dam 1 at Feijao - built in 1976 and reaching 86 metres high, with a...Read More
First Cobalt (TXSV: FCC; US-OTC: FTSSF) has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho.The company is reporting four holes it drilled west of the project's current resource in 2018. The holes extend the Waite zone, 120 metres west along strike, and the No Name zone, 60 metres west along strike. The comp...Read More
Silvercrest Metals (TSXV: SIL) expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in Mexico.A resource estimate in September 2018 focused on an estimated 5.5 km of about 20 km of cumulative vein strike length in the district, about 180 km northeast of Hermosillo in the state of Sonora.Las Chispas...Read More
News out this week is that there is strong interest in cannabis among senior citizens.Upon reading this news, a very prominent investor and friend emailed me. (I won't say his name, but you would know who it is if I did.)His email read simply: Too late.What he means is that if the elderly are now hip to weed... it's too late to make any profits. Akin to Joe Kennedy and the shoeshine boy, or your m...Read More
Aura Minerals Inc. (ORA.TO) announces that it has resumed limited mining operations at its San Andres gold mine in Honduras.Rodrigo Barbosa, the Company's President & CEO commented, "We have been working very closely with local and national authorities to cease the illegal occupation of our privateRead full newsRead More
Beneath a plot of land in southeastern Siberia lie vast stores of gold, according to Russia's biggest gold producer, Polyus PJSC, and tapping them could provide the Russian central bank with a huge and nearly sanction-proof backstop for its currency.Read full newsRead More
Central banks are buying gold at a rate not seen since the end of World War II as geopolitical concerns see a shift in appreciation for the asset.Read full newsRead More
Central banks are buying gold at a rate not seen since the end of World War II as geopolitical concerns see a shift in appreciation for the asset.Read full newsRead More
The Salave project will see average annual production of 79,200 ounces of gold in concentrate at an average grade of 59.7 g/t gold.Read full newsRead More
"Pierre Gratton, president and CEO of the Mining Association of Canada, discusses why he believes Bill C-69 could actually help the Canadian mining sector https://t.co/GwCVnfPI7G"Read full newsRead More
Shree Kargutkar, portfolio manager at Sprott Asset Management, joins BNN Bloomberg to talk about M&A in the gold sector, and weigh in on the Barrick-Randgold and Newmont-Goldcorp deals.Read full newsRead More