The Canadian stock market is starting out 2020 at new record highs, which means there are fewer deals available than at this time last year.Investors should be careful chasing the names that have made big moves in recent months, but some industry leaders are actually trading at attractive levels and could surprise to the upside as we move through the year.Let’s take a look at two top TSX Ind...Read More
Despite the doubters, Canada is still a great country to bet on. The S&P/TSX Composite Index has lagged global benchmarks, because it’s been weighed down by resource companies, which have been in a bear market since 2014. When you strip out oil and gas stocks, the TSX has actually done quite well.In 2020, some high-quality TSX stocks are prepared to make another run. These companies are...Read More
Jan 14, 2020 Guest(s): Kevin O'Leary Canadian Prime Minister Justin Trudeau's comments that suggest that actions from the U.S. may have been indirectly responsible for the downing of the Ukrainian commercial plane over Iran is not helping with Canada-U.S. relations, said Kevin O'Leary, star of Shark Tank and chairman of O'Shares ETFs. "Justin Trudeau is the gift that just keeps on giving," O'...Read More
Pictured: Alex Balogh. Photo credit: the Canadian Mining Hall of Fame. The Canadian Mining Hall of Fame (CMHF) welcomedfour new individuals who have made lasting contributions to Canada's miningindustry: P. Jerry Asp, Alex G. Balogh, Hans T.F. Lundberg and Eberhard (Ebe)Scherkus.For the past 32 years, the CMHF has recognized 186 men and women who have demonstrated outstanding achievement, leaders...Read More
I'll be the first to say, I really admire Elon Musk...He's one of those wunderkinds who are reaching for peaks that we haven't reached as humans: affordable space travel, electric cars, and of course - the best damn flamethrowers around.Musk is not only one of the world's most powerful people, but also one of the richest. At last count, he is worth a whopping $23.6 billion, making him the 40th ric...Read More
Image by Mirasol Resources Ltd. Mirasol Resources (TSXV: MRZ) has signed an option agreement with subsidiaries of Newmont (NYSE: NEM, TSX: NGT) to acquire the Inca gold project in northern Chile. The agreement would give Mirasol the opportunity to add to its portfolio a district-scale and underexplored, intermediate sulfidation epithermal project in the Paleocene belt of Chile."This is an attract...Read More
Mountain view at Eskay Creek. Image by Skeena Resources Skeena Resources (TSX: SKE.V) on Tuesday released infill results from its flagship Eskay Creek project in British Columbia's Golden Triangle, with some intercepts returning above-resource grades.Drill highlights include:36.9 metres of 14.73 g/t gold-equivalent;37.9 metres of 8.53 g/t gold-equivalent; and18.5 metres of 9.02 g/t gold-equivalen...Read More
Mother Lode project. Image courtesy of Corvus Gold. Corvus Gold has released drill results from its Mother Lode project which intercepted mineralization outside of the resource limits and identified a new discovery below the current deposit.Drill highlights include:36.6 metres of 2.43 g/t gold from outside of the current resource limits;36.6 metres of 1.79 g/t gold from outside of the current res...Read More
Weekly Reports |Jan 14 2020Rising tensions between the USA and Iran have not prevented spot uranium from sliding further in early 2020.-Spot uranium continues to slide as buyers stay on the sidelines-Renewed sanctions on Iran do not specifically target the country's nuclear program-Several utilities assessing options in term marketBy Rudi Filapek-VandyckThere is no stopping the slide in spot...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 14.Click on...Read More
Given the right impetus, copper has the best long-term prospects among the base metals complex, which was exhibited by the red metal's price rally in December.Copper prices began to rise on the London Metal Exchange in the run-up to year-end 2019, responding to the first signs of a thaw in the protracted trade war between the United States and China.The copper LME official three-month contrac...Read More
Fastmarkets proposes to discontinue the pricing of zinc ingot premiums on a cif India basis.Currently, Fastmarkets prices the following premiums:Zinc SHG min 99.995% ingot premium, cif dp India, $/tonne Zinc SHG min 99.995% ingot premium, cif dup India, $/tonneThe expansion of production capacity by Hindustan Zinc means there is currently no spot market for imported zinc in Ind...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 14, 2020For the past few years, I’ve been suggesting that the world’s ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.Pleaseclick here now. RT News highlights a wonderful cha...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday January 14 that are worth another look.ArcelorMittal Kryvyi Rih, the major long steel producer in Ukraine, has called on the country's government to review its decision to impose an import tariff on rebar and wire rod steel imports from Belarus, referring to evidence of dumping.Nizi International has closed its base metals tradi...Read More
London Metal Exchange copper bulls are turning to the options market to make cautious bets that copper's price will continue its rapid rise into March 2020, Fastmarkets learned.Open interest in March options has spiked and a total of 9,635 lots of call options - equivalent to over 240,000 tonnes of copper - are currently live with strike prices between $6,400 per tonne and $6,600 per tonne.Call op...Read More
The S&P 500, Nasdaq Composite and Dow Jones Industrial indexes all pulled back from records as the conditions underscored lingering concern about future progress in negotiations, Bloomberg reported.However Australia's benchmark S&P/ASX200 was in record territory in morning trade and edging towards the 7,000 mark.Australian gold producers were three of the biggest risers at the time of writ...Read More
South African miners reported a fresh wave of buying interest for chrome ore, prompting higher prices. UG2 chrome ore prices rise in China.Chinese alloy prices underpinned by chrome ore strength.Charge chrome prices hold in China.European high carbon ferro-chrome prices under pressure, while low carbon ticks up.US spot market inactive, prices stable. UG2 chrome ore prices surged on Friday January...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the appointment of Mr. Jamie Kitson as VP Sales Canada for Siyata Mobile. Mr. Kitson has a successful track record in exceeding targets, with proven results in both the private and public sectors within the telecommunications space, including senior roles with Bell Mobility, Ro...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday January 10.China The Chinese ferro-silicon spot price remained unchanged for a fourth consecutive week, while demand surged for restocking with the Chinese New Year approaching. Export prices picked up amid the strengthening of Chinese yuan, increased domestic trading activity and limited export avai...Read More
The court analysed three rulings issued in 2019 and concluded there was no clear and express prohibition in the country's constitution against undertaking popular votes about mining, that Ecuador'sRead More