Canada's former attorney general has resigned from Justin Trudeau's cabinet amid a report she was pressured by the prime minister's office to intervene in a legal case involving SNC-Lavalin Group Inc.Jody Wilson-Raybould announced her resignation on her website Tuesday, after days of saying she couldn't comment on work she did as the government's chief lawyer. She was moved from the justice minist...Read More
In the late stages of 2018, gold regained some of its luster. As a safe haven, investors warmed up to the yellow metal as the market corrected. Gold has quietly resumed its uptrend and is up 2.8% year to date.For investors, it is always a good idea to have gold exposure in your portfolio. It's no secret that the traditional large cap gold mining stocks have struggle mightily over the past few year...Read More
Petro-Canada is building a network of electric vehicle (EV) fast charging stations across the country. More than 50 EV stations will be located along the Trans-Canada highway from Nova Scotia to British Columbia.Construction is set to begin this spring with the sites opening over the next year.Petro-Canada stations will offer DC fast chargers with both CHAdeMO and CCS/SAE connectors to support a b...Read More
Canadian mining giant Teck Resources (TSX:TECK.B)(NYSE:TECK) released its fourth-quarter and annual 2018 results early on Wednesday. Quarterly performance was weaker than what analysts had predicted, but the company broke some new records for the year. The stock has been a great recovery story over the past three years. Does the latest financial report encourage new investment in the resources gi...Read More
Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659. (All monetary figures are U.S. dollars.)For the full year, metal production totaled 201,095 oz. of gold and 36.7 million lb. of copper. The...Read More
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
Nemaska Lithium's (TSE: NMX) stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by $375 million. The company, with a C$300 market cap on the TSX, clawed back some of the early day's losses, but still closed the day down 35%.Nemaska, which has also received funding from the Quebec provincial a...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
Have you ever tried to cut sugar out of your diet?It's almost impossible. The stuff is in everything.In fact, the average American consumes roughly 15 teaspoons of added sugar per day - and often without even realizing it.In addition to things you already know about, pickles, pasta, salsa, beer, granola, baked beans, and tomato sauce all have added sugar.Well, that's what marijuana is going to be...Read More
SilverCrest Metals 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 known kilometers of cumulative vein strike length in the district, about 180 km northeast of Hermosillo in the state of Sonora.Las Chisp...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 compan...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Wednesday amid optimism that U.S. and Chinese negotiators could reach a trade deal before another round of tariffs kicks in.Activision Blizzard Inc. (ATVI) rose 7% after the video game maker unveiled a stock buyback and cost-cutting program that offset a weaker-than-expected profit outlook.J...Read More
The process to exclude steel and aluminium from the Section 232 import tariffs applied by the United States is having some interesting consequences.One of these is that, in the event of a national security issue -which Section 232 was designed to address - the US would theoretically rely on Japan for its imports of steel and Saudi Arabia for its imports of aluminium.That is because those countries...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday February 13, with a late-afternoon appreciation in the US dollar index contributing to dampened buying sentiment while LME volumes remain low. Copper futures continued to trade in positive territory throughout the afternoon, despite falling over 3% from last week's high of $6,289.50 per tonne on...Read More
Well-stocked US tin customers ordered little material in the week ended Tuesday February 12, while in Europe available tin did not necessarily meet customers' specifications and most Chinese market participants were still away for the Lunar New Year public holiday, all factors keeping global premiums flat. US solder-makers said to be facing weak demand, buying less tin Europe still grapples...Read More
Senior government official, privatisation secretary Salim Mattar, made the comments at an event in Brazil on Wednesday, Bloomberg reported. "Vale is a state company. Pension funds controlled by the government control Vale," he said."We're here to reprivatise Vale."Shares in the company had lost a third of their value in late January, dropping from BRL56.15 to 42.74, in the wake of the fatal C&oacu...Read More
Low prices for copper in the international markets could reduce the availability of copper scrap, European producer Aurubis said in a results statement for the October-December 2018 quarter, published on Wednesday February 13.The multi-metal company expected the copper scrap market to be fundamentally stable, it said. But the current low metal prices could lead to reduced copper scrap supplies and...Read More
Trafigura is set for crunch talks with holders of Nyrstar bonds and the company's bankers, as the world's largest global zinc producer faces ?,?340 million ($385 million) of looming debt repayments and a crumbling share price.Nyrstar, which was formed in 2007 by the merging of Zinifex and Umicore's smelting divisions, and which smelted roughly 8% of the world's total refined zinc last year at...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce chemical assay results from intervals of strong uranium mineralization reported earlier (see news release dated January 28, 2019) from the Hurricane zone. The highlight is an intersection in drill hole LE19-02 of 3.5 metres averaging 10.4% U3O8 from 326.5-330.0 metres, that include...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to report Q3 revenue of $1.87 million for the period of November 1st, 2018 to January 31st, 2019.The figure represents aggregate sales from Quadron's three subsidiaries: Soma Labs Scientific Inc., Greenmantle Products Ltd, and Cybernetic Control Systems Inc.Among Quadron's portfolio of extraction an...Read More