It’s hard to know where to invest with a recession on the horizon. Banks, energy, and other blue chip stocks just don’t seem as solid as they used to.Even minerals have investors nervous. But analysts don’t seem to think there will be much, if any, drop in gold price. It’s likely to stay around the $1,700 range until 2020.With that in mind, now could be a good time to find...Read More
Imperial Metals Corp (TSX:III) stock is on a tear. Since bottoming at $1 per share in November, the stock has gone on to triple in value.While other investors remain focused on multi-billion dollar miners like Barrick Gold Corp and Yamana Gold Inc., Imperial Metals is proving that it pays to think small. Even after the run, the company’s market value is still less than $400 million.Why did...Read More
Hi there, Fools. I’m back to highlight three stocks that fell sharply last week.Why?Because the biggest gains in the stock market are made by buying solid companies: during times of maximum pessimism; when they’re being ignored and forgotten by Bay Street; or when they’re available at a steep discount to intrinsic value.Going against the herd remains the most fundamental way to b...Read More
Nutrien (TSX:NTR)(NYSE:NTR) was formed through the merger of Potash Corp. and Agrium at the start of 2018. The company had a successful first year and investors should see strong returns for decades to come.SynergiesNutrien achieved run-rare synergies of US$521 million in 2018, well above the initial target. This is encouraging for investors, as it indicates that the integration of the Potash and...Read More
"They may try to run this poor thing straight up and over a cliff. Recall the 2000 top was in March but they briefly ran it back in Sep 00. Ditto in Oct 07. When warning signs are ignored, the endings are abrupt. Maintain safety nets, but don't assume stupidity has limits." - John HussmanThis is the nastiest bear market rally that I have seen in my over 34 years of experience as a financial mark...Read More
Based on "a rapid first-pass appraisal", the Cobre Panama developer had indicated the projects did not fit its target criteria, Japan Gold said.Read More
The incentive took his total compensation to $12.86 million.The board said Thornton had delivered against all the objectives set for him in 2018 and this, together with "personally developing and executing the nil-premium merger with Randgold which strengthened Barrick's position across all core metrics relative to its senior gold peers", was reflected in his incentive compensation for the year.Ba...Read More
Drilling for uranium in the Nigerian desert. Source: GoviEx Uranium Inc.GoviEx Uranium Inc. [GXU-TSX; GVXXF-OTCQB] said Monday April 8 that it has reached a framework deal with the government of Niger, Africa to jointly develop the company's flagship Madaouela uranium project."This is the culmination of more than 12 years of relentless work and millions of man hours by GoviEx management and our Ni...Read More
Trevali’s wholly-owned Caribou Mine and Mill Complex consists of a developed underground mine with significant resources of zinc-lead-silver-copper-gold, a fully permitted 3,000-tonne-per-day processing mill, flotation recovery plant, metallurgical and geochemical laboratories, and a tailings treatment facility, all located approximately 50-km west of Bathurst, New Brunswick, Canada.Trevali...Read More
If you're a Tesla (NASAQ: TSLA) bear, you've been having a good year, so far.Between battles with the SEC and lower-than-expected delivery numbers, Elon Musk and Tesla have recently been the target for extreme criticism - mostly launched by those who have been excessively critical of the company since it first went public at $19.00 a share.But I'm not here to bury Tesla.Plenty of others are doing...Read More
President Trump denounced wind energy last week at the National Republican Congressional Committee fundraiser in Washington, D.C."If you have a windmill anywhere near your house, congratulations, your house just went down 75% in value. And they say the noise causes cancer, you tell me that one, OK?" the President said, imitating the whirring sound made by wind turbines.The comment has, of course,...Read More
Kristen Hietala, a senior majoring in chemical engineering, has always been interested in the natural environment around her."When I was little, I used to get Ranger Rick, a kids nature magazine," she said. "Ever since I was little, I've loved being outdoors and doing camps."So, working on renewable energy research as an undergraduate at Mines just made sense, she said."I just wanted to do somethi...Read More
The S&P/TSX Venture Composite Index rose 0.47% to 629.81.Cantex Mine Development - whose chairman is Charles Fipke - posted the biggest gain, rising 94 ? to $3.43. The company announced on March 29 that it had closed the final tranche of its previously announced private placement for gross proceeds of $2.51 million. Combined with the first and second tranche of the placement, proceeds stand at $15...Read More
Brian MacArthur of Raymond James is increasing his price forecasts for gold, copper, zinc and coking call and lowering his estimate for uranium.The mining analyst has revised his average gold price for 2019 to US$1,301 per oz. from US$1,293 per oz. "primarily on the back of incrementally dovish commentary from Central Banks suggesting that global monetary policy will remain accommodative thereby k...Read More
The S&P/TSX Composite Index rose 1.83% to 16,396.15. Spot gold finished the week at US$1,291.40 per oz., down 60 ? from the previous week. The S&P/TSX Global Gold Index rose 0.91% to 197.13, and the S&P/TSX Global Base Metals Index increased 4.27% to 123.84.Kirkland Lake Gold topped the value charts during the trading week with a gain of $2.56 to $43.20. The company reported first-quarter producti...Read More
During ALROSA's (MICEX: ALRS) Capital Markets Day on March 18, the company said the most frequently asked questions it gets during 1-on-1 meetings with investors are those related to the impact that synthetic or lab-created diamonds will have on the business.Three days later, on a Mountain Province Diamonds (TSX: MPVD) analyst call following the company's full year 2018 results, a portfolio manage...Read More
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The will initially drill a single, 700-metre hole about 300 metres west of the Alacran, targeting a potential copper-gold porphyry beneath the known deposit. It...Read More
Harte Gold (TSX: HRT; US-OTC: HRTFF) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ont., in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in an...Read More
Joining us today is Mark Saxon, recently appointed Interim CEO of Leading Edge Materials (TSXV: LEM) (OTC: LEMIF).Leading Edge Materials owns the Woxna mine, one of Europe's very few fully-built graphite mines. With battery growth, especially large ones for vehicles, poised to explode in coming years, Leading Edge is in a unique position to capitalize on European demand.To your wealth,Gerardo Del...Read More
Patrick Soares, President & CEO of Foran Mining, gives an investor update for the month of March.Read More