Victory Resources Corporation is pleased to announce a non-brokerRead full newsRead More
TFSA investors got good news again in 2021. The TFSA contribution limit was increased by another $6,000. This means that Canadians now have cumulative TFSA contribution limit of $75,500. So, we all have some decisions to make in 2021. Which stocks should we buy for our TFSAs?Without further ado, let me introduce you to a gold stock to buy now. Your TFSA is the perfect place for this dividend-growt...Read More
Let’s just get this straight: Warren Buffett has not indicated an imminent market crash is coming.The Oracle of Omaha has indeed done some tweaking to his portfolio to adjust for the new era of heightened valuations we’re in. He’s trimmed his stakes in financials stocks and added some exposure to gold. In fact, I really like his addition of Canadian gold miner Barrick Gold. ...Read More
Investors are drawn to tangible assets. It’s one of the reasons why real estate, despite its complexities as an investment asset (high cost of entry, active investment, etc.), always holds its allure. And even though stocks are backed by tangible assets as well, such as its property (both physical and intellectual), the underlying assets and its cash reserves, people don’t find t...Read More
Scottie Resources reported the system is shown to occur along strike from its past-producing Scottie Mine. In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that the first ever drilling in the Domino zone at its Scottie project in British Columbia encountered high-grade gold and silver mineralization. Highlights intercepts from the recent 18-hole drill campaign at Domino include 2...Read More
An overview of the new energy materials markets and their price moves from the past week.Read More
A summary of the 2020 fourth-quarter (October-December) operational results for Russia's largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States.In brief In the fourth quarter, sales to the domestic market dropped to 2.58 million tonnes, down 7% from 2.77 million tonnes in the previous quarter amid lower steel product sales in Russia. Flat steel sal...Read More
Here are five Fastmarkets stories you might have missed on Thursday January 21 that are worth another look.Brazil-based miner Vale and Japanese trading company Mitsui have signed a heads-of agreement to take the first step toward exiting their investment in the Moatize coal mine and the Nacala Logistics Corridor (NLC)...Read More
A differentiated fee structure designed to drive member-to-member trade away from the telephone market is being proposed by the London Metal Exchange as part of its discussion paper. The goal is to incentivize trade on the exchange's electronic trading platform, LMESelect, and is proposed to be achieved by cutting fees to trade electronically while raising fees for the telephone market by around 5...Read More
The London Metal Exchange and its clearing house are revisiting a proposal to transition to a different way of calculating its clearing methodology. The exchange announced its discussion paper on the topic on Tuesday January 19. The last attempt was made in 2017 and was rejected by LME members because it would make the provision of credit lines expensive and result in the rapid withdrawal of...Read More
Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor. The closure of the floor, now entering its 144th year, has been proposed in a discussion paper issued by the exchange earlier on Tuesday January 19.The open outcry floor may be old, but it didn't appear to have serious underlying health issues. It has successfully fought back against talk it was set to...Read More
It's been nearly a decade since the Global Silver ETF and Exchange Inventories increased by such a large amount in one day. The overwhelming... by Steve St Angelo of SRSrocco ReportGlobal silver investment inventories jumped by a record one-day increase after the large sell-off and the silver price recovery on Tuesday. It's been nearly a decade since the Global Silver ETF and Exchange Invento...Read More
The international currency of choice, the US Dollar, is steady and unwavering, as if nothing will move it...by J. Johnson via JS MinesetGreat and Wonderful Friday Morning Folks, We start the day with a precious metal pullback with Gold down $14.70 with the April contract at $1,854.60, recovering from the London low at $1,848.10 with the high to beat at $1,874.10. Silver is leading the...Read More
Gold Fields Ltd. named former Anglo American Platinum Ltd. boss Chris Griffith as its new chief executive officer as the company seeks a solution for its last gold mine in South Africa.Read full newsRead More
Pure Gold expects to reach commercial production at its eponymous mine by the end of Q1 2021.Read full newsRead More
Last year was an unprecedented time for the stock market. It was hard to predict a global pandemic that would send the price of gold and technology stocks skyrocketing. Nevertheless, that is what we saw last year.Now that a new year has begun, you might be considering buying some great stocks on the Toronto Stock Exchange. Here are three stocks that you might be looking to buy this year.Barrick Go...Read More
Here are five Fastmarkets stories you might have missed on Friday January 22 that are worth another look.Import prices for flat-rolled steel in South America softened in the week ended January 22 with some Chinese mills accepting lower bids from clients.Base metals producer Vedanta Resources is seeking a sales...Read More
In Australia, ASX futures were up ahead of tomorrow's public holiday.Among the mining majors, Antofagasta and Glencore both finished down more than 2% in London on Friday.Newmont was off 0.9% in New York.In Toronto, Tesoro Minerals (TSXV: TES) tumbled on news of losing mineral rights in Peru after a Supreme Decree was repealed.Its shares plunged by a third to close at C9c.Headed in the opposite di...Read More
Canadian insiders are pointing to some specific opportunities in America. In this week's Insights, Raoul Pal also tells us what he thinks will signal that the great multi-decade bond rally is about to resume and why he is enjoying the recent Bitcoin pullback.Click here to read. Read More
Dr. PCR talks about the new administration and the fallout from it in the financial markets.Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Week, and Scri...Read More