Canadian stocks are set to close the second consecutive month on a positive note. The TSX Composite Index has risen by 3.8% in March so far after posting 4.2% gains in February. It could be just the start of a long-term rally. Income investors can buy these five amazing dividend stocks right now to benefit from the ongoing market rally.Labrador Iron Ore Royalty stockLabrador Iron Ore Royalty (TSX:...Read More

Last year, the pandemic-induced economic crisis reaffirmed the power of holding secure assets like gold during times of uncertainty. Nevertheless, the performance of this sector has been underwhelming for investors of late.Some investors may think gold has lost its “Midas touch” as a portfolio hedge.However, I’m going to discuss why I think precious metals are simply in the early...Read More

One of the problems that many investors face is that they only try to learn from the success stories. They observe the best-performing picks of institutional or other more seasoned investors and try to mimic those picks as well. But this prevents them from seeing the whole picture.When you are learning from the investment moves of legendary investors like Warren Buffett, it’s not just their...Read More

OceanaGold (TSX:OGC) is a high-margin, multinational gold producer with four operating assets and a pipeline of exploration opportunities. The company operates high-quality assets and delivers superior returns in a responsible manner. It is focused on operating to the highest of standards in health, safety, environment, and social performance.Highly efficient operationsOceanaGold is deeply focused...Read More

March is now almost a figment of our imagination. As we move into Q2, it’s the perfect time to readjust portfolios.For those looking to add high-quality, dividend-paying stocks right now, I’ve got three top picks. These are stocks I think will continue to outperform over the long-run.Here we go.FortisAs far as defensiveness goes, Fortis Inc. (TSX:FTS)(NYSE:FTS) is about as go...Read More

Mar 29, 2021 Guest(s): Gareth Soloway Chief Market Strategist, InTheMoneyStocks.com While markets have not reacted negatively to hints from Janet Yellen about hiking taxes, Gareth Soloway, chief market strategist of InTheMoneyStocks.com, said that investors are still waiting to see how much taxes will be raised."I think the markets are waiting for clarity on it. The question is, is the corporate...Read More

Here are five Fastmarkets stories you might have missed on Monday March 29 that are worth another look.Asia will soon be hit by a "steel tsunami," a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Fastmarkets' premium for...Read More

Copper's three-month price was down by 1% and aluminium closed down by $30 per tonne on Monday March 29, while most other base metals metals on the London Metal Exchange also closed lower but the US Dollar Index reached a new high.The red metal closed at $8,865 per tonne on Monday, down by 1% from its closing price on Friday of $8,962 per tonne, which had been a 2% increase from the previous day's...Read More

India's Adani Enterprises will build its first copper cathode facility via a new subsidiary three years after the country's biggest copper smelter - Vedanta's Tuticorin - was ordered to close. Adani Enterprises incorporated wholly-owned subsidiary Kutch Copper Ltd (KCL) on March 24 to manufacture copper cathodes and copper rods, the company said last week. Adani had originally proposed the co...Read More

Seaborne low-grade manganese ore prices on Friday March 26 lost all of the gains made earlier in the month after some miners reduced their offer prices amid strong resistance from buyers.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin, fell by 17 cents per dry metric tonne unit (dmtu) on March 26 to $4.69 per dmtu.The corresponding index for manganese ore 37% Mn, fob Port Elizabeth, went dow...Read More

The unsecured facility was teed up with a group of international banks and guaranteed by certain operating units, the gold miner said.The margin under the loan was directly linked to Nordgold's EcoVadis ESG rating."We are making significant strides in rapidly advancing our ESG performance, not least having recently committed to achieving net zero CO2 emissions by 2050, in support of the objectives...Read More

The latest data for the global manganese ore market for the week ended March 29, 2021.Read More

Diversified producer Anglo American and Anax have signed a non-binding term sheet that involves Anglo acquiring a 1% net smelter return for US$2 million for future copper and zinc production, with theRead More

Here are five Fastmarkets stories you might have missed on Monday March 29 that are worth another look.Asia will soon be hit by a "steel tsunami," a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Fastmarkets' premium for...Read More

Ambatovy will soon resume cobalt production following the restart of its nickel operations and after a year's absence, a spokesperson for the joint venture in Madagascar told Fastmarkets on Monday March 29. The company announced the restart of its nickel production on networking website LinkedIn on Friday. "After a shutdown of approximately one year due to health and safety considerations rel...Read More

Asia will soon be hit by a "steel tsunami", a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Looming China export rebate cutThe looming export rebate cut in China, possibly from 13% to 9%, is likely keep prices higher in the coming months, he said."We are already seeing this effect now, with...Read More

Base metals prices on the London Metal Exchange were mainly lower this morning, Monday March 29, but those on the Shanghai Futures Exchange were stronger across the board while they reacted to Friday's LME performance. Market focused on further potential fallout from troubled hedge fund after a mass liquidation on FridayEver Given ship re-floated in Suez CanalUnited States President Joe Biden expe...Read More

First Cobalt has entered a five-year offtake agreement for Stratton Metals Resources to market cobalt sulfate from its refinery in Ontario, Canada, it said on Monday March 29. The "flexible long-term" deal will permit First Cobalt to also sign offtake agreements with automotive original equipment manufacturers (OEMs), which could reduce the volumes sold to Stratton, according to the press release....Read More

Share this articleLocal access to these strategic minerals is crucial if we are to ensure the long-term viability of our technology sectorThe Canadian mining sector has been a vital cog in the country's economy during the pandemic, with the importance of the industry growing steadily over time. Operations and exploration continued during the COVID-19 outbreak, collaborations with Indigenous commun...Read More

Ambatovy will soon resume cobalt production following the restart of its nickel operations and after a year's absence, a spokesperson for the joint venture in Madagascar told Fastmarkets on Monday March 29. The company announced the restart of its nickel production on networking website LinkedIn on Friday. "After a shutdown of approximately one year due to health and safety considerations rel...Read More