Management believes the company will shine brightly in 2019. Will the first quarter indicate that the company is on its way to making that vision a reality?Read full newsRead More
Delrey Metals (CSE: DLRY) announced that it has mobilized a team of exploration geologists and samplers to its wholly-owned Star, Porcher and Blackie properties located near Prince Rupert, British Columbia.In a press release, Delrey said the crew will be ground-truthing several kilometre-scale, high amplitude magnetic anomalies highlighted by the recently completed high-resolution geophysical surv...Read More
Tavi Costa, global macro analyst at Crescat Capital, makes his Real Vision debut in style - with a bullish trade idea on precious metals. He highlights why it's finally time for gold to start outperforming, confirms his thesis by examining a variety of macro indicators, and discusses how to play the current setup, in this interview with Jake Merl. Filmed on April 24, 2019.Read full newsRead More
ZEN Graphene Solutions (TSXV: ZEN) reported this week that it is collaborating with Constance Lake First Nation to incorporate traditional knowledge into the environmental baseline studies for its Albany graphite project near Thunder Bay, Ontario.In a press release, ZEN said that the studies are already underway and, together with social baseline assessments, they will be an important input into...Read More
JOHANNESBURG - South Africa's militant AMCU union said on Friday that it was complying with the country's labour laws, disputing a government notice which said it could be de-registered for breaking rules governing how unions should operate.The Association of Mineworkers and Construction Union (AMCU), one of the largest trade unions in South Africa's mining sector, has thousands of members at mine...Read More
South Africa's Transnet freight group is installing a new iron ore tippler at the country's main iron ore export line in order to sustain its current output of 60 million tonnes a year, officials said on Friday at its Saldanha port terminal.The 3 billion rand ($208 million) project, which includes infrastructure such as a conveyor belt leading to the port, railway tracks and three bridges, is expe...Read More
Since the year began, the TSX Index is up nearly 20%. With asset prices continuing to rise, it can be difficult to spot bargain stocks.Here are three stocks under $20 per share worthy of your attention. But take note: not all are buys.Crescent Point Energy Corp (TSX:CPG)(NYSE:CPG)Crescent Point has a volatile past.From 2002 to 2014, shares rose by more than 1,000%. Conditions took a turn for the w...Read More
RRSP investors, are you looking for quality stocks that you can tuck away into your portfolio and that will give you confidence that your money will grow well into your retirement years?For this, you should not only gather a list of top quality stocks, but you should also make sure your portfolio provides adequate diversification so that it can outperform in different economic and market environme...Read More
If there’s one thing you should buy during a continent-wide recession, it’s gold.This mineral is the king for a reason. People want it, people need it, and there will always be some place in this world that is willing to pay for it.That’s why today I’m recommending two strong gold stocks that could seriously bring your portfolio to the next level: Agnico-Eagle Mines (TSX:A...Read More
Some people out there are starting to worry about creeping socialism, the number of genders, social justice warriors, and other perceived atrocities.I'm here to tell you, as I have for nearly a decade now, to keep the focus on yourself, your family, and what matters most to you. That's ultimately the best way to improve yourself, your community, and the world.The world has always changed and is al...Read More
Physical uranium stockpiler Yellow Cake PLC (LON:YCA) said the recent pullback in spot prices presented a good buying opportunity as it remained confident in the long-term outlook for the radioactive metal.The global spot uranium price softened to end the quarter at US$25.75 per pound of U3O8, from US$28.50/lb three months before.After the US Department of Commerce submitted a report to the White...Read More
The latest commitment of traders report (COT report) showed that the hedge funds on the Comex (the "managed money" account) is now net short 33.9k contract of paper gold. This is a record net short position in paper gold for the managed money account on the Comex. The previous all-time high was 27.2k contracts at the end of December 2015.This explains a lot to me about the character of the pri...Read More
Gold futures finished higher Friday after a quarterly reading of the pace of growth of the U.S. economy came in better than expected, but other aspects of the report raised questions about the underlying strength of the economy. The U.S. economy expanded at a 3.2% annual pace in the first three months of 2019, the government said Friday. The gain was well above forecasts for a 2.3% increase in gr...Read More
Tesla (NASDAQ: TSLA) shorts piled on big last week.After disappointing earnings, it was certainly fertile ground for a short attack.Most outspoken was was Gabe Hoffman, from Accipiter Capital Management, who said the following ..."The biggest issue for the stock is that Elon Musk - basically the lying magician - is not able to tell investors or his, you know, cult followers."Clearly Hoffman has an...Read More
Ron Struthers of Struthers' Resource Stock Report reviews results from drilling at the company's project, including a drill hole that intersected significant mineralization. I am very surprised at these great, high-grade results for the first drill pass on the first target at Zonte's Cross Hills. Before seeing more details below, or if you skip down lower, come back for some detail on IOCGs.What...Read More
Gold has failed to gaintraction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leavingtraders increasingly bearish. Goldinvestment demand has flagged dramatically with lofty stock markets spewinggreat euphoria. That’s given gold-futuresspeculators the run of the market, where they have sold aggressively includingextreme...Read More
Steel production has stopped at the Algerian steel mill of Turkish steelmaker Tosyali after a workers' strike began on Wednesday April 24, according to local newspaper reports. Tosyali could not be reached for comment at the time of publication. "Production at Tosyali has stopped, and in the past two or three days, we have seen increased Algerian interest for wire rod imports from Italy and Spain,...Read More
If the United States places import tariffs on cars produced in Germany it could trigger an economic slowdown in Germany, corporate audit director of Czech steel distributor Ferona, Jan Moravec, said at Eurometal's Regional Meeting in Central Europe held in Prague on April 25.One of the major risks to the German steel industry is the import tariffs in the United States, Moravec said.Tariffs on impo...Read More
Tata Steel aims to produce 32 million tonnes per year of crude steel at its Indian operations by 2025, the company said.The 2025 capacity target in India would constitute the entirety of the steelmakers' global crude capacity following the planned divestment of operations in Asia and a planned joint venture of European flat steel operations with Germany's ThyssenKrupp.Of the Indian steelmaker's cu...Read More
Low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, when market participants toned down fears of oversupply in the alloy market. Normally volatile low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, after which market participants toned down fears of oversupply in the alloy market. F...Read More