Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Vancouver-based Regency Gold (NEX: RAU.H) announced it has entered into a definitive agreement with Vanadium North Resources to acquire all of its issued and outstanding common shares, the main interest behind the buyout being the Valley of Vanadium project in the Northwest Territories.In a press release, the companies said that Vanadium North holds an option to acquire 100% of the Valley of Vanad...Read More
SNC-Lavalin Group Inc. bonds dropped after S&P Global Ratings cut the company's credit rating to the cusp of junk, the latest blow for the Canadian engineering firm at the center of a controversy that's ensnared Prime Minister Justin Trudeau.Risk premiums for the company's bonds due 2023, or the extra yield they pay compared with Canadian benchmark government securities, were quoted at more than 2...Read More
The world's largest manganese miner South32 Ltd on Thursday posted an 18 percent rise in half-year underlying profit as a surge in metallurgical coal output and stronger commodity prices helped boost its bottom-line.Fortunes of the miner improved after production at its Illawarra Metallurgical Coal project which accounts for most, if not all, of South32's coking coal output, ramped up during the s...Read More
Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, posted Wednesday quarterly profits below estimates, due mainly to weak prices for heavy crude and base metals.The Vancouver-based miner, the world's second-biggest exporter of steel-making coal, recorded negative pricing adjustments, charges related to a write-down in inventory and an operating loss at its Fort Hi...Read More
Gold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged above the critical 400-day moving av...Read More
Identifying century-long trends is a great way to spot undervalued stocks with long-term compounding potential. What if I told you that one Canadian company is poised to directly benefit from this century's biggest growth story?No, it's not a tech stock. But as you'll see, it has a fair amount of proprietary tech fueling its share price. Meet Nutrien (TSX:NTR)(NYSE:NTR).More people means more fo...Read More
The stock price of Barrick Gold (TSX:ABX)(NYSE:GOLD) dropped nearly 4% after the company reported Q4 earnings. Investors who follow the mining giant are wondering if the pullback is a good opportunity to buy the shares.Let's take a look at the current situation to see if Barrick deserves to be on your buy list.ResultsBarrick reported a US$1.2 billion loss for Q4 2018, largely due to impairment cha...Read More
Yamana Gold's (AUY) stock rebounded 4.65% in after-hours trading on Thursday after the miner announced Q4 and FY 2018 results. During regular trading hours, Yamana closed down 1.1% in line with the weaker overall market.Yamana's gold equivalent ounce production for the fourth quarter was 310,369, including 270,193 ounces of gold and 3.26 million ounces of silver. Total Yamana gold production...Read More
Sherritt International (TSX: S) released its financial results for Q4 2018, today, reporting the company's share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year, while finished cobalt was 428 tonnes, down 8% from Q4 2017.The company stated production for Q4 2018 was impacted by the disruption in the supply of hydro...Read More
In this market, it seems like a significant amount of time and energy is being spent on marijuana stocks, and their stratospheric rise over the last year or so tells us why.But what if we could get the same returns, only instead of investing in companies that are losing money and trading at sky-high multiples (marijuana stocks), we could invest in companies that are making real profits and genera...Read More
Casa Minerals (TSXV: CASA) has optioned its Keaper polymetallic project 15 km northeast of Terrace, B.C., less than 5 km from the company's flagship Pitman polymetallic project, to a private company that has the right to earn a 60% interest in the property over four years.In order to earn its interest, the optionee must spend $4 million on exploration, pay Casa $550,000 and issue Casa 2.5 million...Read More
Publisher's Note: Mr. James Dines is a legend whose insight has been proven time and time again.One of those insights was a very early bullish call on investing in marijuana, making Mr. Dines "The Original Pot Bug." Today we bring you an excerpt of The Dines Letter discussing it.To your wealth,Nick HodgePublisher, Outsider Club"Life is like a dogsled team. If you ain't the lead dog, the scenery...Read More
Dividend payments can be used to save for retirement, replace a portion of your income, or smooth out significant market losses. Regardless of your goals, all dividend investors want the same thing: the assurance that the company they invest in will not significantly reduce or discontinue its dividend payments. Let's take a look at two companies you can count on as far as secure dividends are conc...Read More
The future holds a changing landscape for miners' skillsets in Australia. A vast 77% of mining jobs will be enhanced or redesigned due to technology within the next five years, an EY report for the Minerals Council of Australia on the Future of Work in Mining released today reveals.The report is built on EY's Digital Mining Report on the minerals industry, and tales a closer look at the influence...Read More
Finding a stock on the TSX index that combines growth, dividends, and a strong track record can be like hunting for a needle in a haystack. While some of the biggest Canadian stocks manage exactly this feat, and get plenty of airtime for doing so, are the following potentially overlooked dividend-payers worth adding to a passive income portfolio?Rogers Communications (TSX:RCI.B)(NYSE:RCI)One of th...Read More
Feb 14, 2019 Guest(s): Frank Holmes CEO, U.S. Global Investors When it comes to gold, prices are driven by either love or fear, said Frank Holmes, CEO of U.S. Global Investors. "There's two drivers to the price of gold: the fear trade, which dominates the psychic of North Americans, and the love trade, which is China, India, known as 'Chindia,' the Middle East; 60% to 70% of all gold demand is b...Read More
Fortune Minerals of London, Ont. Says the Northwest Territories government has signed a contract for the building of the Tlicho all weather road to the community of Whati. The village is only 50 km south of Fortune's NICO cobalt-bold-bismuth-copper mine and mill project.Fortune will undertake the construction of a road from the mine site to Whati so that concentrates can be shipped out for process...Read More
Gold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged above the critical 400-day moving av...Read More
Weekly Reports |Feb 12 2019With a Democrat majority in the House, US energy policy may up for greener scrutiny. But will nuclear be a part?-US uranium production well down in 2018-Cameco production well down in 2018-US uranium market overwhelmed by red tapeBy Greg PeelThe US produced 345,425lbs U3O8 equivalent in the December quarter 2018, down -35% on the September quarter and -45% on December 20...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Thursday after U.S. retail sales in December fell the most since September 2009.Cisco Systems Inc. (CSCO) was up 1.9% after reporting fiscal second-quarter profit and revenue that beat analysts' forecasts, hiking its quarterly dividend by 6% and boosting its buyback plan by $15 billion.Coca-Col...Read More