With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
Pure-play uranium miners have been out of favour for some time. Investors may remember the terrible Fukushima Daiichi nuclear disaster. This past decade has been relatively terrible for uranium stocks, as a prolonged period of low commodity prices ensured.That said, we’re now starting to see a major recovery in uranium prices. Once again, green energy is back in the limelight. And nuclear po...Read More
Although TSX stocks at large exhibit premium valuations amid their all-time highs, many Canadian names are still trading below their fair values. They could soon catch up and deliver decent returns to investors. Here are three undervalued TSX stocks for long-term investors.The North West CompanyThe North West Company (TSX:NWC) is a $1.7 billion Canadian retailer that sells food and everyday p...Read More
TSX stocks at large have gained around 50% in the last 12 months. Despite the strong gains, markets seem in great shape and could continue to rally. Aggressive vaccinations and an ongoing economic recovery will likely play well for stocks in the short to medium term. Here are the three top TSX stocks that offer decent growth prospects for the long term.Constellation SoftwareTop tech company Conste...Read More
While the TSX Index trades near record highs, investors can still find undervalued stocks that offer huge upside potential this year.Why Barrick Gold stock looks cheap right nowBarrick Gold (TSX:ABX)(NYSE:GOLD) traded for $38 per share in early November when gold fetched around US$1,950 per ounce. Gold is down less than 10% from that level today, but Barrick Gold stock is off about 27%.The mining...Read More
Apr 19, 2021 Last week inflation worries became real resulting in a major move for gold, said editor Neils Christensen. On Friday Christensen, Kitco correspondent Paul Harris and mining audiences manager Michael McCrae recorded a podcast with guest Ryan King, Vice President Corporate Development at Calibre Mining. The panelists discussed gold and inflation, as well as rising commodity prices due t...Read More
Apr 18, 2021 Guest(s): Thomas Hayes Managing Member, Great Hill Capital While the Federal Reserve may not let inflation to run hotter than 3% on a persistent basis, long-term, the economy will unlikely return to a disinflationary environment, said Thomas Hayes, managing member of Great Hill Capital. "[The Fed] won't let it get away from [3%], they'll raise rates ahead to pre-empt it. Certainly,...Read More
Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) was able to continue to operate normally at its coal and container terminals at the port of Itagua?- over the weekend despite...Read More
Three-month prices for base metals on the London Metal Exchange showed mixed fortunes at the close of trading on Monday April 16, despite the US Dollar Index being at a six-weeks low, with only copper showing a gain a of more than 1%, and nickel falling from its Friday price.Copper's three-month price was up by 1.8% at 5pm on Monday to $9,376 per tonne, compared with Friday's closing price of $9,2...Read More
Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.Thirteen men were convicted of smuggling metal raw materials across the closed China-North Korea border, according to a ruling by the Jiangsu Yangcheng Intermediate Court on Wednesday March 31, resulting from the lawsuit (2021) Jiangsu 09...Read More
Bob Moriarty ArchivesApr 19, 2021For anyone who needs an update on how World War I began, just read the headlines of today and change the names slightly. No one country actually started that war. The rulers of all of them did stupid things, one after another and all of a sudden the world was in flames. The same silly shit is happening today.For those who wonder just how the American Empire is goin...Read More
captainewaveemail: admin@captainewave.comwebsite: www.captainewave.comApr 19, 2021 US Dollar Index: This is a bearish chart, and the weekly chart is even more ominous.The bottom line: All of wave -iv- is complete at the 93.47 high and we are starting to fall in the initial stages of wave -v-. We should continue to drop. We plan to provide projections for the end of wave -v- in the next day...Read More
Jack ChanPosted Apr 19, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices. Our ratio is...Read More
Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) was able to continue to operate normally at its coal and container terminals at the port of Itagua?- over the weekend despite...Read More
Chinese alumina refinery Kaiman (Sanmenxia) Aluminium has cut its production by half because of a shortage of bauxite supplies, market sources told Fastmarkets on Monday April 19.Hangzhou Jinjiang Group owns the refinery in Sanmenxia city in Henan province, which has capacity for 2.1 million tonnes per year. It will reduce output for at least one month starting from Monday, but could extend the cu...Read More
Seaborne manganese ore prices dropped further on Friday April 16, sparking buying interest due to the erosion of the premium over portside prices.Major suppliers of seaborne material reduced their offers to match the prices for cargoes already in Chinese ports.Fastmarkets' manganese ore index 37% Mn, cif Tianjin, dropped by 22 cents to $4.27 per dry metric tonne unit (dmtu) on April 16.The corresp...Read More
Marex Spectron's Anna Stablum said last week's commodity price rises were due to the US dollar posting the biggest weekly drop since the week ended December 18.Copper rose a further 1.7% on the London Metal Exchange to US$9,384.25 per tonne yesterday, nearing a 9.5-year high reached in February, amid improving economic optimism.However nickel was lower as security concerns resurfaced in relation t...Read More
While all 26 reverse circulation holes drilled at the Chinook prospect hit visual zinc-lead mineralisation, two holes were fast-tracked to the lab for assays and have confirmed a discovery.Read More
The company will issue 25 million shares at 29c each, a 10.8% discount to the last close.Argonaut Securities was lead manager to the placement.K2Fly said the placement was strongly supported by institutions and sophisticated investors with specific knowledge of the resources sector."The strong support from the investment community, particularly from new institutional investors, is testament that K...Read More