Red Lake in Ontario has produced nearly 30 million ounces of gold over the past 85 yearsRead full newsRead More
Affinor Growers Inc. announced that it had chosen Tesla products to store alternative energy for the greenhouse. The solar photovoltaic system installed by the company compensates for electricity consumption, reducing operating costs throughout the year, and Tesla Powerwalls will provide a water irrigation system.Read full newsRead More
Right now is the perfect time to make portfolio adjustment for those looking to cycle into new long-term positions. This current environment is one filled with stocks with sky-high valuation multiples. Accordingly, finding great long-term core portfolio positions at reasonable prices is difficult.However, these three stocks are ones I think fits this profile perfectly. So, let’s jump into it...Read More
The stock market continued to set new record highs in April. While big tech stocks may look overvalued after the recent record-setting market rally, some top TSX stocks from other industries still look cheap — despite their continuously improving fundamentals. Here are three such Canadian stocks that you may want to include in your portfolio today to get outstanding returns.AutoCanada stock...Read More
The ultra-rich in America are worried about the Biden Tax Plan. Trillions in new taxes will affect the wealthiest in the United States. The Biden administration will raise the top income and capital gains tax rates, and the richest 1% of taxpayers will carry the burden.According to the White House, the top income tax rate will increase to 39.6%. Garrett Watson, a senior policy analyst at the Tax F...Read More
Expectations are high that three names on the TSX could see massive growth amid the continuing threat of COVID-19. B2Gold Corp. (TSX:BTO), Arc Resources (TSX:ARX), and Facedrive (TSXV:FD) are potential winners. Each one could turn a $500 investment today into $5,000 in the medium to long term. The respective businesses are showing great promise in 2021.Dramatic growth on the horizonB2Gold is...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Rio Tinto has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification for its ISAL aluminium smelter in Iceland, the company said.The certification is provisional - following an independent, remote audit - with an onsite audit to be completed when possible after the easing of Covid-19 travel restrictions, the company said. Rio Tinto offers ASI-certified aluminium from ei...Read More
It was worth $1,792/oz at the time of writing.Meanwhile Orefinders Resources' spin-out American Eagle Gold (TSXV: AE) started trading yesterday, having raised C$3.6 million at 20c per share.Part of the Ore Group, insiders and management own 44% of the company, which is focused on its flagship Golden Trend asset in Nevada adjacent to Barrick Gold and Newmont's Goldrush joint venture.It said its VP...Read More
The move comes as the palladium price is around a record high, near US$2,900 an ounce, on rebounding automaker demand and supply disruptions. The committee also agreed Sibanye-Stillwater could have until the commercial production decision date, "temporarily deferred" to July 22, to elect whether to increase its stake in Marathon - again.Stillwater Mining took over Marathon in 2010 for US$118...Read More
The latest data for the global manganese ore market for the week ended May 3, 2021.Read More
AEX was forced to halt work on the project in February after COVID-19 caused significant delays and cost overruns.Read More
Share this article CALGARY - The metal and mining industries have been one of the most popular ones with respect to profits in the investors' circles. Before the pandemic hit us, these two sectors were booming high because of the increasing demand. Although these two sectors seem the same initially they have a very fine line dividing the two. It has been seen that most of the leading companies in...Read More
Share this article TORONTO - American Eagle Gold Corp. (TSXV: AE) reported that effective today, May 3, 2021, it has begun trading its common shares under the symbol 'AE' on the TSX Venture Exchange.American Eagle is a Nevada-focused exploration company whose flagship asset is the Golden Trend Project, immediately adjacent to Nevada Gold Mine's (Barrick and Newmont JV) Goldrush deposit wit...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Prices for domestic and imported merchant bar quality (MBQ) steel products in the United States rose in April amid strengthening demand.Fastmarkets' monthly assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US was $47.80 per hundredweight ($956 per short ton) on Friday April 30, up by 4.37% from $45.80 per cwt on March 26 and by 7.90% from $44.30 per cwt in Februa...Read More
Singapore's rebar import prices are getting a boost from the new ferrous tax policies announced by China, market sources said.China's Ministry of Finance said on April 28 that there will be no taxes for semi-finished steel, such as billet, causing buyers in Asia to rush to procure cargoes in anticipation of shortages in the spot market if China starts purchasing more quantities.This has cause...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
From travel to Rolexes to basic equipment needed for cryptocurrencies, pent-up demand is very real, says Frank Holmes. Speaking with our Daniela Cambone, the CEO of aviation ETF $JETS talks about Europe opening up to vaccinated Americans- and addresses consumers' desire for luxury goods ranging from Rolexes to Hermes. Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, I...Read More