Dollarama Inc.'s (TSX:DOL) fourth quarter and fiscal 2018 results beat consensus; company raises dividend and plans stock splitSmallCapPower | April 2, 2018: Dollarama Inc. (TSX:DOL) Thursday reported strong fourth quarter and full year fiscal 2018 results. Profit for the fourth quarter ended January 28, 2018, increased 11.5% to $162.8 million, or $1.45 per diluted share, above the consensus estim...Read More
Nicola Mining's mill facility, located adjacent to the New Craigmont Project, custom mills ore for gold producers. Source: Nicola Mining Inc.Nicola Mining Inc. [NIM-TSXV] on Monday April 2 released a summary of results from winter drilling at its company's 100%-owned New Craigmont Project near Merritt in southern British Columbia's Thompson-Nicola Region. Highlights included Hole NC-2018-03, whi...Read More
HudBay's Constancia polymetallic mine 100 km south of Cusco, Peru. Source: HudBay Minerals Inc.HudBay Minerals Inc. [HBM-TSX, NYSE] on Monday April 2 filed an updated NI 43-101 technical report for its 100%-owned Constancia Mine in Peru. The 2018 technical report includes updates to the mineral reserves and resources and mine plan, including anticipated throughput recoveries and capital and oper...Read More
It's the greatest drug in the world.Nothing makes me feel as good as this stuff.And I pay top dollar to get my fix, too.I even go directly to the source - through a dealer, of course.And my dealer is connected all across the globe.He meets with producers in Colombia and Mexico.He helps small Ethiopian operations get off the ground, and does it in plain view of law enforcement.Hell, even the local...Read More
Vancouver, British Columbia - April 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide the results of their latest drill hole, as well as a summary of results on its 2017-2018 Winter Drilling Program (the "Program"). The Program focused on extending and defining boundaries on the Craigmont West Zone, previously ref...Read More
We hear so much about gun murders that it might surprise you to find out that London’s murder rate has just surpassed New York City’s so far in 2018.But don’t worry, their gun murder rate is still much lower. People are just getting stabbed to death.That’s one way to solve the gun crime problem. Great Britain has some of the toughest gun laws. Citizens are virtually banned...Read More
A Golden start-up company working to bring to market patented technology developed by Colorado School of Mines researchers for the quick and accurate testing of bacterial infections recently received $275,000 in angel funding.Traxion, a Golden-based venture catalyst whose strategic partners include the City of Golden and Mines, announced the successful completion of a $275,000 follow-on round of a...Read More
Vancouver-based Inomin Mines (TSX.V: MINE) announced today that, subject to TSXV acceptance, it will be acquiring a 100% interest in the Fleetwood zinc-copper-silver-gold property for $10,000 and 200,000 shares to CanAlaska Uranium (TSX.V: CVV).In a press release, the company explained that the 420-hectare property, located in the New Westminster Mining Division of southwestern British Columbia, h...Read More
Lithoquest Diamonds (TSX-V: LDI) could not be happier for having just recovered one grey and two yellow micro-diamonds from the +0.1 mm to -0.3 mm size fraction at its North Kimberley Diamond Project, located in the northern region of Western Australia.The gems were unearthed at target 0702 in the 1,000-square-kilometre property and recovered from a 10.06-kilogram rock sample submitted for kimberl...Read More
Despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries' mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018.In an industry overview published today, BMI presents the recent changes to the Democratic Republic of Congo's mining...Read More
The Chief Executive Officer of Chilean state copper company Codelco, Nelson Pizarro, confirmed rumours this weekend that he would stay on at the company's helm even after the country's new President, Sebastian Pi??era, appoints a new chairman and three directors in May.The mining veteran, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in...Read More
Chile is pushing power companies to phase out coal plants following a government announcement earlier this year that the country wouldn't build coal-fired power plants unless they were equipped with carbon capture and storage (CCS).The decision, part of a wider national plan to transition to cleaner energy sources, has already claimed some victims, with French power company Engie SA announcing la...Read More
Obsidian Energy Ltd. (TSX:OBE), an oil and gas stock, moved higher after announcing that it is exploring the sale of its Alberta Viking and Peace River assetsSean Mason | April 2, 2018 | SmallCapPowerPossible asset sales pumped up a Canadian oil and gas stock Monday. Here's some small stocks making big moves on Monday, April 2, 2018 (as of 4 pm EST):Obsidian Energy Ltd. (TSX:OBE), an oil and g...Read More
The Canadian tech stocks on our list have industry-low EV/EBITDA multiplesSmallCapPower | April 2, 2018: U.S. tech stocks have dropped 6% over the past month, driven primarily by the Cambridge Analytica controversy and self-driving car crashes. Currently, the Dow Jones U.S. Technology Index is down 1% since the start of the year, while the S&P/TSX Capped Information Technology Index is up 8% o...Read More
Oil price shows signs of recovery yet many Canadian oil and gas stocks continue to be weakThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Energy 20 Index declined 7.8% since our last report dated January 29, 2018, underperforming its benchmarks, WTI oil and the TSX/S&P Energy Index, which decreased 0.9% and 7.6%, respectively, over the same period. Notab...Read More
Anaconda Mining Inc. (TSX: ANX) is a gold mining, development and exploration company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, and is currently focused on developing the recently acquired, high-grade Goldboro Project in Nova Scotia. We learned...Read More
Firesteel Resources Inc.(TSX.V:FTR) is a junior mining company, engaged in the acquisition and exploration of prospective precious and base metal properties in Finland and Canada. It is the owner of a 100% interest in the past producing Laiva Gold Mine near Raahe in Finland and holds a 49% interest in the Star Property, a highly prospective property in British Colombia and JV with Prosper Gold. We...Read More
Osisko Metals Inc. (TSX-V: OM; FRANKFURT: OB5) is a Canadian exploration and development company creating value in the base metal space, with an emphasis on zinc. We learned from Jeff Hussey, President and CEO of Osisko Metals, that they control two premiere Canadian past-producing zinc camps, known as the Pine Point Mining Camp and the Bathurst Mining Camp. Plans for 2018 include aggressive explo...Read More
GTA Resources and Mining Inc. (TSXV:GTA) is picking up where it left off – after an 823 g/t interceptAngela Harmantas | April 2, 2018 | SmallCapPower: When the results came in from its 2017 drilling program at Big Duck Lake last December, the management team at GTA Resources and Mining Inc. (TSXV:GTA) noticed there was one over-limit sample from Hole BD17-01 with over >10 g/t gold that h...Read More
There is some quality exploration work going on in the junior resource space and yet the sector has not attracted the attention of the retail or institutional investor.The contrarians in the space are using the lackluster response in share price performance to accumulate quality management teams and assets at levels I don't believe we'll see again until the next cycle.Keep in mind these cycles ten...Read More