The exponential demand growth for cobalt is placing pressure on producers to increase supplies to cover the growing supply gap as electric vehicle (EV) penetration rates in auto production rise above 50% by 2030, new analysis by Bank of America Global Research has found.The bank's Global Commodity Research team suggests three routes to bridging the supply gap: production increases at miners and re...Read More
Tudor Gold (TSXV: TUD) continues to report results from resource expansion and definition drilling at the Goldstorm deposit at its flagship property, Treaty Creek.The company announced the second set of results from its 2021 program, highlighted by an exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972 metres of 1.265 grams per tonne gold-equival...Read More
Australia's Piedmont Lithium (ASX: PLL) and its 19%-owned Sayona Mining (ASX: SYA) have completed the acquisition of Canada's North American Lithium (NAL), as part of their plan to create a potential lithium production hub in the Abitibi region of Quebec. The companies said they will merge NAL, which halted production at its mine in 2019, and Sayona's Authier project in Quebec. They...Read More
Canada's Silver Elephant Mining (TSX: ELEF; US-OTC: SILEF) is splitting its battery metals assets into several new companies that will be spun-out to its shareholders to focus on precious metals exploration. The Vancouver-based company said its Minago nickel project in Manitoba and the Gibellini vanadium project in Nevada, and certain battery metals royalties, will become separate entities a...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDMost comments on BHP's makeover have, so far, assumed that what management wants, it gets.Read More
Empress Royalty Corp. is pleased to announce that it has enteredRead full newsRead More
The Canadian equity markets are trading close to their all-time highs, with the S&P/TSX Composite Index up over 18% for this year. However, some Canadian companies are still trading at a significant discount from their recent highs and provide excellent buying opportunities. In this article, we will look at four such companies.Air CanadaThe pandemic-induced travel restrictions had forced Air C...Read More
In case you are looking at lower-priced stocks with the potential to outpace the broader markets, it makes sense to consider companies such as Goodfood (TSX:FOOD), WELL Health (TSX:WELL), and Kinross Gold (TSX:K)(NYSE:KGC). All three stocks are priced below $10 and are a good long-term bet for growth investors.Goodfood is a solid long-term betGoodfood offers fresh meal solutions and onli...Read More
The recent gold price sits at about US$1,800 per ounce. Moreover, gold is believed to be a good inflation hedge. Because of recent high inflation, there’s a good chance that gold prices should stay strong. That said, gold stocks have corrected recently and could be a good value investment in an expensive market. Gold stocks could add diversity to Canadian stock portfolios.Barrick GoldBarrick...Read More
With the summer coming to a close, many investors are looking to re-jig their portfolios. Indeed, any excuse to look at quality value stocks is one I’ll take. Given how far and how fast growth stocks have run, adding some value certainly seems like a good idea right now.For those considering adding top-notch Canadian value stocks, here are three of the best such options on the TSX. Let&rsquo...Read More
A few weeks ago, when the 20-year Afghanistan project first started to circle the drain, my friend, colleague, and Crow's Nest editor Jimmy Mengel asked me if I thought defense contractors would suffer as a result. It was clear from his intonation that he thought they would.I think my response caught him off guard because it was an emphatic "NO.""I'm still bullish," I told him.And I have every re...Read More
Here are five Fastmarkets stories you might have missed on Wednesday September 1 that are worth another look.Russia's Ministry of Industry and Trade does not see any grounds for the extension of export duties for steel and non-ferrous metals into 2022, according to the deputy minister Viktor Evtukhov.Chile's...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 1.Please click...Read More
Almost all London Metal Exchange base-metals prices fell under pressure at the end of the day on Wednesday September 1, to start the new month on the back foot following a small pickup in prices in the last week of August.The base-metals complex came under pressure on Wednesday morning after the release of the Chinese Caixin manufacturing purchasing managers' index (PMI). This dropped to 49.2 in A...Read More
Here are five Fastmarkets stories you might have missed on Wednesday September 1 that are worth another look.Russia's Ministry of Industry and Trade does not see any grounds for the extension of export duties for steel and non-ferrous metals into 2022, according to the deputy minister Viktor Evtukhov.Chile's...Read More
Following a one-month consultation, Fastmarkets is updating the wording of its Metals & Mining assessment methodologies to provide greater clarity around how its prices are determined. The wording refinements do not materially alter the way Fastmarkets Metals & Mining assesses prices and as such are not anticipated to result in any noticeable changes in Fastmarkets' assessment price levels or beha...Read More
The low-carbon ferro-chrome market in Europe surged to a new multi-year high in the week ended Tuesday August 31, with export taxes and tight supply driving up prices.Fastmarkets' price assessment for ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe, rose to $2.73-3.05 per lb Cr on Tuesday, up by 15-35 cents per lb (9.5%) from $2.38-2.90 per lb Cr on August 17."The low-carbon ferro-chrome...Read More
Chile's state-owned copper producer Codelco has removed the threat of strike action by signing a final labor deal with the unions representing employees at its El Teniente division.The new terms of the labor agreement will be in place until the end of 2024, the company said on Tuesday August 31.Codelco had reached an agreement with the El Teniente and Caletones unions on August 28, but the deal no...Read More
The alumina price in the Atlantic is likely to trade at a higher premium compared with the Pacific in the near term due to refinery disruptions and high freight rates, according to Duncan Hobbs, research director at trading house Concord Resources.A fire in late August at the Jamalco alumina refinery, which produces 1.5 million tonnes of material per year, is costing the market 95,000-100,000 tonn...Read More
BHP made a C55c per share cash offer for Noront in late July, which trumped an early 35c per share conditional proposal from Wyloo.Read More