Earlier this year, Warren Buffett made a foray into gold, buying Barrick Gold (TSX:ABX)(NYSE:GOLD) shares in the second quarter. The move shocked many at the time, as Buffett wasn’t known for being a fan of precious metals.Now, it looks like Buffett may be going back to his old ways. In the third quarter, the Oracle of Omaha” shed nine million ABX shares, almost 50% of his po...Read More
The year 2020 has been a roller-coaster ride for the stock markets. Some investors have been badly burned in the volatility, while some made enormous fortunes in the relief rally. As we come close to the end of the year, here are three high-growth TSX stocks that offer handsome growth potential for 2021.ShopifyShares of the top tech giant Shopify (TSX:SHOP)(NYSE:SHOP) are up more than 150% so far...Read More
Rising new cases of coronavirus led to tighter restrictions in Canada recently. However, as the markets have shrugged off the pandemic pain for the last several months, TSX stocks at large continued their upward climb. The S&P/TSX Composite Index soared another 2% last week, inching closer to its all-time high of $17,970.Aurora CannabisTop cannabis player Aurora Cannabis (TSX:ACB)(NYSE:ACB) st...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 1 that are worth another look.The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia's...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comDec 1, 2020 The US election is still being disputed by republican fiat bugs, but it looks more and more likely that democrat fiat bugs have won. In the world of private money (gold and crypto), elections also take place... at major support and resistance. These are the most important acti...Read More
Goldman Sachs has predicted that copper's remarkable price surge is set to continue next year and could break records because of resurgent demand and capped supplies.Analysts led by Nicholas Snowdon project a 12-month price target of $9,500 per tonne next year, up from a $7,500 per tonne projection previously, with a 2021 average price forecast of $8,625 per tonne."This current price strength is n...Read More
Jack ChanPosted Dec 1, 2020Gold 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 SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is on SELL signal.The breakout point should provide support for the current correction.Indeed, the consolidation h...Read More
The London Metal Exchange three-month aluminium, copper and nickel prices extended their rallies on Tuesday December 1, setting new year-to-date highs in the final month of 2020 with a low dollar index continuing to provide tailwinds to the prices. Copper's three-month price rose for a sixth straight day on Tuesday at 5pm, up by 1.5% to $7,694.50 per tonne from Monday's closing price of $7,580 per...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 1 that are worth another look.The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia's...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") announced today it intends to complete a non-brokered private placement of units of the Company ("Units") at a price of $.055 per Unit, for anticipated aggregate gross proceeds to the Company of approximately $1,500,000 (the "Offering").John Abrams, CEO of Venzee states, "Venzee has established sales targets for...Read More
Vancouver, BC - KIN Communications ("KIN") is pleased to announce the addition of Josh Peligal to the team as Vice President, Investor Relations. Mr. Peligal will work closely with the company's CEO & President, Arlen Hansen, to broaden KIN's institutional and analyst reach, while implementing best practices and systems oversight to KIN's clients and continually improve on strategic outreach to th...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to provide a corporate update to its shareholders.Fiscal 2020 has been a transformative year for Venzee. The Company pivoted from a high-cost SMB (small and medium business) sales model and shed associated overhead, resources, and costs. The Company embraced - and successfully validated - a partner-dr...Read More
Vancouver, BC - Ovation Science Inc. (CSE:OVAT) (OTC: OVATF) ("Ovation" or the "Company"), is pleased to report $180,994 in revenue in Q3 2020, a 129% increase in revenue over Q3 2019 and an 80% increase over Q2 2020. For the nine months ending September 30, 2020 the Company reported $613,157 in revenue; a 216% increase over the first nine months of 2019.The significant increase in revenue is pri...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 1 that are worth another look.The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia's...Read More
The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia's oldest Aboriginal heritage sites, a director of the International Council On Mining And Metals (ICMM) has said.According to Nicky Black, at least three key principles must be in place from the outset: robust management s...Read More
An overview of the chrome ore and alloy markets and their latest price moves.China The UG2 chrome ore price fell again after Tsingshan's lower December ferro-chrome tender price dampened market sentiment. Buyers made aggressive bids amid high port inventories and a bearish market outlook. Domestic spot ferro-chrome prices...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 1 that are worth another look.The mining industry must apply the correct cultural mindset to its operating principles in order to avoid any repeat of tragic events such as the destruction of one of Australia's...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More
Ferrous scrap prices in the main Mexican domestic markets increased in the week ended Friday November 27, with some companies applying increases in order to secure supply amid low availability and steady demand.Early last week, at least one company in the region near the northern city of Monterrey applied price increases, and afterwards some scrap sellers were able to achieve higher deals with oth...Read More
Turkish steel producers have continued to hold back from further deep-sea scrap purchases because of increasing prices, sources said on Tuesday December 1.The mills booked at least 10 deep-sea cargoes last week, and have since stepped back from the deep-sea markets.But market participants still expected them to book more cargoes, thanks to good demand for finished steel and billet, and improving p...Read More