The S&P/TSX Composite Index rose 1.02% to 20,188.43 during the July 19-23 trading week. The S&P/TSX Global Mining Index climbed 0.50% to 107.36, and the S&P/TSX Global Base Metals Index jumped 2.12% to 166.73. Spot gold dropped US$10.00 per oz., or 0.55%, to US$1,802.20 per oz., and the S&P/TSX Global Gold Index fell 2.17% to 293.50.Skeena Resources increased by 74 ? to $15.29 per share. The comp...Read More
Mining in the United States has played a significant role in the country's development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization, as of July 7. The data was compiled by our sister company, MiningIntelligence.1. Freeport-McMoRanMarket cap: US$52.7 billionFreeport-McMoRan's Climax molybdenum mine in Colorado. Cre...Read More
There's a global energy transformation currently underway and carbon neutral clean (smelter-free) nickel is crucial to this revolution. However, it's exceedl...Read full newsRead More
Mason Graphite (TSXV:LLG) will purchase assets related to graphene processing technology from Thomas Swan & Co.Read full newsRead More
Barrick Gold resumes operations at Canada mine after fatalityRead full newsRead More
Xplore Resources Corp. is pleased to announce Phase 1 2021 explorRead full newsRead More
Canadian copper, steelmaking coal, and zinc miner Teck Resources (TSX:TECK.B)(NYSE:TECK) released its second-quarter (Q2 2021) earnings results on Tuesday. The $14 billion company’s latest financial results cover the three-month period to June 30, 2021. Company CEO Don Lindsay described the results as a “solid performance.” However, Teck Resources’ stock price dropped...Read More
Canadian stocks at large have risen more than 15% this year. Some areas indeed look overvalued at the moment, but some still offer decent gain prospects. Here are three Canadian stocks for long-term investors.Home Capital GroupHome Capital Group (TSX:HCG) is a $2 billion residential and non-residential mortgage lending company. As the Canadian real estate market has been unstoppable, HCG stock has...Read More
It’s not necessary to always invest in pick mega-cap stocks to get handsome returns. Even if you buy some cheap stocks with a good fundamental outlook and hold them for the long term, they could help you generate extraordinary returns. Here’s a list of five of the best TSX stocks to buy today — currently trading under $10 per share.Sandstorm Gold stockSandstorm Gold (TSX:SSL...Read More
Signs of economic trouble ahead seem to be all over.Some are underappreciated, some are over-appreciated. Both are horribly misrepresented to our detriment.On the underappreciated side of the spectrum there are issues like inflation, one that Fed Chairman Powell and the Biden administration, along with the stock markets, seem to finally acknowledge. Yet officials and the MSM keep toeing the line a...Read More
* Senior judges say appeal has "real prospect of success" * Claimants' lawyers hail ruling as "monumental judgment" * BHP says proceedings do not belong in UK * 2015 dam failure caused Brazil's worst environmentaldisaster(Adds no comment from Vale)By Kirstin RidleyLONDON, July 27(Reuters) - London's Court of Appeal made aU-turn on Tuesday by agreeing to reopen a $7 billion laws...Read More
Here are five Fastmarkets stories you might have missed on Tuesday July 27 that are worth another look.More than three-quarters of the effort to reduce carbon emissions to net-zero by 2050 will have to be made by the power sector and through faster adoption of wind...Read More
All base metals prices on the London Metal Exchange fell on Tuesday July 27 at the close of trading, after an exuberant afternoon on Monday, with nickel's price most badly affected and down by 1.8%.Nickel's price fell to $19,357 per tonne at 5pm on Tuesday, after closing at $19,717 per tonne on Monday. This was its highest 5pm price since February, and close to its year-to-date high of $20,110 per...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 27, 2021 For investors who are following the Corona action, please click here now. The delta variant is a concern, and it’s possible that more severe variants emerge over the coming year. I’ve detailed 2021-2025 as a possible war cycle period.If the economy were to be lock...Read More
Nickel producers are putting an increased focus on sustainability credentials in a bid to lock in consumer demand from the automotive industry, sources told Fastmarkets.Increased scrutiny from end consumers and government policy on lower carbon emissions throughout the supply chains have nickel producers looking to highlight sustainability to secure long-term deals. Most recently, internation...Read More
Jack ChanPosted Jul 27, 2021Gold sector as represented by $HUI is now on a new major SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is now in bear market values.COT data suggests overall lower prices. Our ratio is on SELL signal.USD has a...Read More
"Since this morning's London open we have noted a systematic offer across most of the metals as some mean reversion type systems kick in," Marex's Alastair Munro said from the LME desk."And copper faces the distinct possibility of worker trouble at Escondida, the world's largest mine, over the next week or two."Gold was similar to the point yesterday, at US$1,798 an ounce on the spot market, as in...Read More
An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday July 27 and their latest price moves.China Stainless steel mills in Tsingshan set their August-delivery tender price for ferro-chrome at 10,795 yuan ($1,664) per tonne, an increase of 2,400 yuan per tonne (29%) from the previous month. The tender price rise led to a sharp rise in spot prices, with dome...Read More
The latter is said to have been a "stable industry leading business that has produced cobalt products for key markets since 1968" and involves "contractual rights to refining capacity and ownership ofRead More
Teck Resources has updated its zinc concentrates production guidance for 2021, following "a strong second quarter operating performance" in its zinc business unit, the Canadian miner said in its second quarter results. At CAD 1.956 billion ($1.555 billion), net profits were up by 79% in the first half of the year.At a glance copper: Overall copper production was up by 10.8% in the first half...Read More