Setting target prices is important. Knowing how much upside an investment has and the level at which one wishes to reassess a given investment is equally important. In this article, I’m going to discuss why I think Lundin Mining (TSX:LUN) has at least 45% upside right now. This is a stock every TFSA investor ought to consider right now. The TFSA is the perfect place to put your money to...Read More
Buying gold today may seem to be a better idea than investing money in dirt-cheap shares. After all, the world economy faces an uncertain outlook in 2021. The coronavirus pandemic may cause further disruption, while political challenges may have a negative impact on GDP growth.However, buying undervalued stocks and holding them for the long run could be a more profitable move versus holding the pr...Read More
Cutting a check for an investor to spend on your behalf is nothing new.That's the essence of private placements. Same with hedge funds and a slew of other fringe investments.Every once in a while, though, something else comes along where the devil is in the details. We're seeing something today that's old but being resurrected in the equity markets, and it takes the flexibility to manage your fund...Read More
As far as commodity players go, Nutrien Inc. (TSX:NTR)(NYSE:NTR) remains a top pick of mine in this space for a number of reasons. Long-term investors seeking capital safety and income would do well to consider Nutrien a portfolio staple. This stock provides diversification and low-beta earnings which are excellent as far as risk-adjusted returns go.But, these commodities are under press...Read More
With the COVID-19 variant, the pandemic is spreading faster than ever. The simultaneous rollout of vaccine programs and lockdowns around the world should help. However, it’s going to take time.In the meantime, lockdowns are going to affect businesses and the economy immediately. They could trigger another stock market crash in 2021.Here are some do’s and don’ts to keep in mind wh...Read More
Warren Buffett shocked the world when he (or at least his colleagues at Berkshire Hathaway) initiated a position in gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD). The Oracle of Omaha was never a big gold bug. He’s not a fan of the shiny metal, mostly because it doesn’t produce anything over time and results over the extremely long-term pale compared to that of equities.That said, unprec...Read More
Aluminium primary foundry alloy (PFA) premiums in the United States and Germany climbed on Friday January 8 as demand outpaced limited supply in those countries. United StatesFastmarkets assessed the aluminium primary foundry alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 8.5-10 cents per lb on Friday, up by 19.4% from 7-8.5 cents per lb last month.The premium is at its hi...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
Three-month zinc and nickel both fell by more than 2% on Friday January 8, with the LME base metals ending the week with pullbacks from the highs reached in the first days of 2021 after a US Dollar Index rebound.Zinc's three-month price was down 2.6% at the 5pm close on Friday at $2,813.50 per tonne, compared with Thursday's closing price of $2,888 per tonne. Nevertheless, the...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 8. China Seaborne prices for both low- and high-grade ore soared after miners successfully raised their February offer prices following recent increases in the portside ore market. Bullishness in the alloy sector and yuan appreciation spurred buyers' purchasing appetite. Portside...Read More
Alumina exports from Brazil continued to grow in December, contributing to higher volumes in full-year 2020, while Alunorte, the world's largest refinery, recovered its capacity usage throughout the year, data from the country's economy ministry showed on Thursday January 7.Brazilian alumina exports totaled 864,533 tonnes in December, up by 58.6% from 545,095 tonnes in the corresponding period of...Read More
The LSE-listed player will issue over 14.Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce that it has received final approval for listing on the TSX Venture Exchange ("TSXV"). The common shares of the Company will commence trading on the TSXV effective January 11, 2021, under the symbol "SSVR".Galen McNamara, Chief Executive Officer of Summa Silver s...Read More
Adam HamiltonArchivesJan 08, 2021 The gold miners' stocks entered this young new year with a bang, as their leading index surged to a major breakout above multiple key resistance lines. That really strengthens the technical case that gold stocks' next bull-market upleg is underway. This sector has been carving a textbook-perfect series of higher lows and higher highs since late November now, formi...Read More
Institute for Energy Economics and Financial Analysis analyst Tim Buckley said there were no coal ships destined for China being loaded in Australia now but this on its own was not going to be a majorRead More
Spot trading of copper concentrates was quiet in the last week of December 2020, with fewer purchases by both smelters and traders.Fastmarkets' copper concentrate treatment and refining charges (TC/RCs) dropped slightly, with offers for copper concentrates to smelters remaining in the mid to high $40s per tonne, while smelters bid $50 per tonne for clean qualities. A combo deal of Bisha and clean...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
An overview of the aerospace materials markets and their latest price moves.Ewa Manthey in London, Ruby...Read More
Turkish steel mills continued to refresh their scrap stocks in the week to Friday January 8, with fresh deep-sea cargoes booked at higher prices, while concerns increased over tight supply in Asia, with China entering the market.Turkish mills book more cargoes for February-March at escalating pricesUS East Coast exporters enjoy demand from Turkish producers; West Coast lacks fresh dealsVietnamese...Read More