The ongoing COVID-19 crisis has increased the stock market volatility worldwide. Earlier this year, most TSX stocks tanked sharply as investors started paying attention to how the pandemic could affect business fundamentals in the quarters to come. Many of the stocks — that witnessed a sell-off in the first half of 2020 — started recovering in July in hopes of better future growth pros...Read More

Warren Buffett shocked markets in recent days when his Berkshire Hathaway revealed a new position in Barrick Gold (TSX:ABX)(NYSE:GOLD) stock.Barrick Gold stock rallyThe news sent Barrick Gold’s share price soaring by more than 10%. It also lifted the stock prices of most major gold mining companies as well as the price of gold itself and that of ETFs focused on gold or gold mining stocks.The...Read More

According to Berkshire Hathaway’s (NYSE:BRK.A)(NYSE:BRK.B) recent 13F SEC filing, there is a surprising addition to the company’s portfolio. Berkshire Hathaway now owns 1.2% or 20.9 million shares of Barrick Gold (TSX:ABX)(NYSE:GOLD) worth US$628.4 million.While this holding accounts for 0.3% of Berkshire’s total portfolio, the presence of a gold stock has surprised Warren Buffet...Read More

Warren Buffett’s new stake in Barrick Gold (TSX:ABX)(NYSE:GOLD) likely shocked many investors. We all knew that the Oracle of Omaha has been playing it cautious amid the COVID-19 pandemic, given the risk that the world economy could fall into a depression. However, having slammed gold as an investment many times in the past, many may be fearful that Buffett’s newfound love for gold may...Read More

Warren Buffett doesn’t usually venture north of the border for securities, but when he does, Canadians should pay close attention. While I’d never advocate following an investment guru blindly into or out of stocks, as one would typically pay-up a hefty “Buffett premium” for shares (Barrick Gold (TSX:ABX)(NYSE:GOLD) stock surged 11% in a day on news of Buffett’s new s...Read More

When Warren Buffett talks, smart investors listen. Every year, Warren Buffett’s Berkshire Hathaway holds its annual meeting in Omaha, Nebraska. The famed investor’s influence is on full display, as approximately 40,000 shareholders gather to hear him speak.So, when investors heard that Berkshire Hathaway opened a new position in Barrick Gold (TSX:ABX)(NYSE:GOLD), things changed. Barric...Read More

See what the mainstream does and then do the opposite. It's fair to say that's been a guiding principle here at the Outsider Club since the beginning, and it's one that has served the readers well. With headlines that have been popping up recently, it might be time to remind you that going against the grain could be the best choice you can make financially in these strange times we live in. The...Read More

Aug 19, 2020 Guest(s): Sean Fieler President, Equinox Partners A mismatch between prices and fair value have created a unique opportunity to own gold and silver stocks in the current environment, said Sean Fieler, CIO of Equinox Partners."If you look back at the last 50 years, gold itself has returned 89% since the end of the Bretton Woods system, so there are good long-term returns there. Right...Read More

Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More

Harry "Red" Conger has been appointed as the executive vice president and chief operating officer (COO) of Teck Resources, effective September 1.Known throughout the mining industry as "Red," Conger will be responsible for all of Teck's mining and metallurgical operations, projects and joint ventures across the copper, zinc, steelmaking coal and energy business units. Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 19.Please click...Read More

The Madras High Court of India has rejected Vedanta's plea to restart its Tuticorin copper complex, which has been closed since 2018.The long-awaited verdict came on Tuesday August 19 to uphold an earlier decision to keep the 400,000 tonne-per-year copper complex in Tamil Nadu closed with no access to electricity. In 2018, 13 locals were killed in a shooting incident during a protest aga...Read More

Nickel premiums in China were under pressure from lack of demand and lower offers in the week ended Tuesday August 18, while premiums in Europe and the United States were unchanged week on week. Premiums in China fall while nickel pig iron (NPI) and sulfate prices rise.  US, European premiums stay muted in traditional August trading lull. China nickel premiums fall on weak activity The nickel...Read More

Officially, a decision to complete construction of Jansen has been delayed until the middle of next year despite BHP having already invested US$2.Read More

ASX-listed NRW Holdings (NWH), among the world's biggest contract mining and engineering groups, says it has at least A$2 billion of work on order to underwrite another year of growth in FY2021.Read More

The alumina market once again had all eyes focused on developments at Hydro's Alunorte refinery in Brazil on Wednesday August 19, and alumina prices are pushing higher again. Hydro announced last night that it had halted operation of the pipeline transporting bauxite from its Paragominas bauxite mine to Alunorte alumina refinery for extended maintenance. It means production has been temporari...Read More

Last year, when Australia-based major Newcrest Mining announced it would buy a 70% interest in Imperial Metals' Red Chris mine, CEO Sandeep Biswas called BC a tier-one jurisdiction.Read More

IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has closed the previously announced US$6 million private placement of an unsecured convertible debenture (the "Debenture") with Queen's Road Capital Investment Ltd. ("QRC") (TSXV: QRC).Craig Parry, IsoEnergy's Chief Executive Officer, commented: "It is with great pleasure that we welcome Queen's Road Capital as a stra...Read More

Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), announces that it has expanded its production of its DermSafe (R) Hand Sanitizer Lotion by completing the manufacturing of its first order in Canada at a contract manufacturer in Ontario that follows strict cGMP guidelines set by Health Canada.Additionally, the Company is pleased to announce that it is now working with...Read More

Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More