Investors who’ve held shares of three companies from different sectors from 2010 to 2019 are celebrating. All of them have a boatload of cash in the new year. Not one of them regrets investing in the success stories of the decade.Precious gold Kirkland Lake (TSX:KL) has shone the brightest, as it was able to disprove the idiom, “all that glitters is not gold,” at least in the pas...Read More
Would you like to earn high returns free of taxes? That’s possible if you buy growth stocks in your TFSA. Growth stocks, as their name implies, are stocks that have the potential for substantial capital appreciation. So, if you want the value of your TFSA to increase fast, you should look for growth stocks. Aritzia (TSX:ATZ), ARC Resources (TSX:ARX), and Lundin Mining (TSX:LUN) are three sto...Read More
Radomiro Tomic copper mine in Chile. (Image courtesy of Codelco via Flickr) On Monday in New York, copper for delivery in March closed the day near $2.8640 a pound ($6,314 a tonne), an 8-month high and up 3% from 2019's closing level. The US Treasury on Monday lifted China's designation as a currency manipulator, paving the way for the signing on Wednesday of a phase-one trade deal with China. Ch...Read More
A long-awaited challenger to electric vehicles is here.They use a unique "blue gas" as fuel. They are reliable. They are safe. They are clean. And they are being adopted at breakneck pace by automakers and big industry alike. Amazon uses this technology at its fulfillment centers. BMW is launching a line of its popular X series of SUVs that is powered by this blue fuel. Honda is already selling...Read More
Copper Mountain mine - Image courtesy of Copper Mountain Mining Corporation Copper Mountain Mining has released 2019 operating results and provided three-year production guidance for its 75% owned Copper Mountain mine. The company's total production of 87.2 million lb. copper-equivalent last year came in at the lower end of its guidance range of 86 million lb. to 95 million lb. for the year, with...Read More
Treasury Metals' Goliath gold project in Ontario.Credit: Treasury Metals. Treasury Metals has released initial results from a 15,000-metre drill program it began in December at its flagship Goliath gold project in northwestern Ontario, including 7 metres of 14.8 g/t gold in the Eastern C Zone.Highlights from the Main zone at the project include:6.3 metres of 7.4 g/t gold, including 4 metres of 10...Read More
Windfall Lake gold project. Image courtesy of Osisko Mining Osisko Mining has announced further infill and expansion results from its Windfall gold project, 200 km northeast of Val-d'Or, which continue to suggest the presence of high-grade mineralization. Intercepts of note include:2 metres of 266 g/t gold from the Triple 8 zone;4 metres of 106 g/t gold from Triple Lynx; and2.5 metres of 135 g/t...Read More
The three-month copper price on the London Metal Exchange was higher at the close of trading on Monday January 13, settling at a nine-month high against moderate volumes traded, while aluminium futures stagnated despite tumbling exchange stocks.Copper's underlying price on the LME closed at $6,290 per tonne on Monday afternoon, its highest settlement price since April 2019, while its daily trading...Read More
The three-month nickel price on the London Metal Exchange improved during morning trading on Monday January 13, with upward momentum supported by a fresh cancelation of some 4,434 tonnes, while continued outflows did little to move a steady aluminium price. Nickel's outright price on the LME was recently seen up by 0.5% at $14,295 per tonne, while trading volumes topped the complex over the mornin...Read More
China's new policy to rename certain copper scrap, brass scrap and aluminium scrap as "recyclable raw materials" will take effect in July 2020, according to an official document seen by Fastmarkets. The criterion for eligibility has been approved by bureaus including the State Administration for Market Regulation and will be publicly announced in the next 20 days. Well informed sources told Fastma...Read More
Here are five Fastmarkets MB stories you might have missed on Monday January 13 that are worth another look.Sentiment in the global long steel market has become more positive "especially after the announcement that a trade deal between the [United States] and China will be signed," the International Rebar Producers & Exporters Association (Irepas) said last week.International auditing and advisory...Read More
Jack ChanPosted Jan 13, 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.Gold sector as represented by $HUI is on a short-term SELL signal.Short-term signals can last for weeks and are more suitable for traders.Speculation is at a new high.Silver speculation is at levels of previous tops.Our ratio is now o...Read More
The US is also reportedly set to drop its designation of China as a currency manipulator just ahead of the deal.Meanwhile precious metal rhodium, more valuable than gold, has surged 31% this month and reached its highest point since 2008, at US$8,200 an ounce last week, Bloomberg reported.The metal is mainly used in autocatalysts and stricter emissions rules have fuelled a multi-year rally, amid s...Read More
The change comes about a year since announcing a goal to become a leader in the North American vanadium space, with those plans since terminated but subject to legal action which Regency believes hasRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced preliminary and unaudited revenue estimates ("Preliminary Revenue") for the fiscal year ending December 31, 2019 ("FY2019").Preliminary Revenue for FY2019 is anticipated at $9.9 millionto $10.2 million, an increase of 94% to 100% compared with the year ended December 31, 2018. Gross margin...Read More
Keto will relocate to Copenhagen to begin the role early July following the retirement of the company's current mining president Manfred Schaffer.Keto has worked at Metso, a Finnish industrial machinery firm, for 10 years. For the past two years has run the company's mineral services and pumps division. Before Metco, Keto held senior roles at Kone Corporation and Nokia.FLSmidth's CEO Thomas Schulz...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended January 10. US Key drivers Weak spot demand in the United States continued to weigh on the grade 5-5-3 delivered price, which fell to $0.91-94 per lb. The monthly spot price had fleetingly stabilized in November at $0.96-1.02 per lb. Buyers remain well supplied with annual contract material pric...Read More
Manganese alloys prices in Europe and India increased in the week to Friday January 10 against steady increases in manganese ore markets since early December, although industry sources believe further increases will be limited due to relatively soft consumer demand.In Europe, the silico-manganese lumpy 65-75% Mn, basis 15-19% Si (scale pro rata), major European destinations market price climbed by...Read More
By: Gary SavageAnother secular bull market in gold underway. Long basing phase is over, lots of volatility back and forth.. 7 minute long video with long-term gold chart view.https://blog.smartmoneytrackerpremium.com/Read More
Clive MaundIt has been a week of surprises since the last updates were posted. First, I had not expected Iran to retaliate following the murder of its top General by a US drone, but it did, despite the risks, as it was politically necessary to assuage the extreme anger of its population who demanded revenge. The next surprise was that Israel and the US did not use this retaliation as an excuse t...Read More