China’s State-Owned Mining Giant Enters Capital-Raising ‘Gold Rush’
Stock image. Chinese gold miners have been flocking to offshore capital markets to raise funds, fueled by the precious metal’s bullish outlook as prices soar to record highs. Chinese state-owned Shandong Gold Group is the latest miner looking to cash in on the rally in gold. It is currently seeking to raise as much as […]
3 Canadian Renewable Energy Stocks to Consider Investing In Today
Clean energy stocks are well-positioned to take advantage of Prime Minister Mark Carney’s goal to make Canada an energy superpower, reduce reliance on the United States, and expand access to clean power across the country. To find the best opportunities, we screened the leading Canadian renewable energy companies covered by Morningstar analysts with 4- or […]
Steady May Inflation and Declining Core Prices Indicate…
Canada’s Consumer Price Index stayed flat from April in May, holding at 1.7%, slightly below FactSet estimates of 1.8%. This takes some pressure off the Bank of Canada to cut interest rates at its next meeting on July 30. The latest Statistics Canada report showed the index rose 0.6% on a monthly basis, due to smaller-than-anticipated declines […]
Torex Amplifies North American Footprint with $26M Purchase of Reyna Silver
View of the Batopilas property in Mexico. Credit: Reyna Silver Torex Gold Resources (TSX: TXG) has expanded its North American exploration portfolio with the acquisition of Reyna Silver (TSXV: RSLV) in an all-cash deal valued at C$36 million ($26m). The acquisition, says Torex chief executive officer Jody Kuzenko, provides the company with “immediate access to […]
A Thorough Overview of the Corporate Bond Market
BMO Short Corporate Bond Index ETF BMO Short Corporate Bond ETF ZCS offers a comprehensive slice of the short-term Canadian corporate bond market at a razor-thin price. The fund tracks the FTSE Canada Short Corporate Bond Index, which sweeps in investment-grade corporate bonds with between one and five years remaining to maturity. Qualifying bonds must […]
8 Best-Performing Canadian Stock Funds
To screen for the top-performing Canadian equity funds, we looked for those with the best returns over the last one-, three-, and five-year periods. Eight funds made it through the screen. Over the last 12 months, Canadian equity funds have returned 23.57%. On an annualized rate, these have returned 13.54% over the last three years […]
Top Stock to Invest In Today: Alphabet vs. Microsoft
Susan Dziubinski: I’m Susan Dziubinski with Morningstar. This week, we’re pitting two stocks from Morningstar’s Best Companies to Own list against each other. Our Best Companies to Own list only includes firms with significant business advantages that should allow them to remain competitive for decades. To make the list, companies must also have predictable cash […]
As Gold Prices Climb, West African Miners Utilize Drones to Spot Illegal Operations
Economic pressures drive artisanal mining, impacting corporate operations Rising gold prices fuel conflicts between industrial and informal miners Miners are pressing governments for military support to defend mines By Maxwell Akalaare Adombila Tarkwa, Ghana –As the afternoon sun beats down on Gold Fields’ sprawling Tarkwa gold mine in southwestern Ghana, three men launch a drone […]
Gold’s Enigmatic Shift – MINING.COM
Stock image. Gold has mostly drifted sideways for the last couple months, vexing traders. Bullish ones eager for its mighty cyclical bull to resume are frustrated gold isn’t surging on major bullish news. And bearish ones expecting a healthy correction after extreme overboughtness are being equally confounded. Gold’s high consolidation since mid-April has really thwarted […]
Maritime Increases Hammerdown Gold Resource as Production Approaches
The Hammerdown gold project in Newfoundland. Credit: Maritime Resources Canadian explorer Maritime Resources (TSXV: MAE) said drilling at its Hammerdown project in Newfoundland and Labrador identified a new near-surface gold zone with “substantial” grades. The stock jumped. Hole HDGC-25-272 cut 13.9 metres grading 24.5 grams gold per tonne from 11 metres depth, including 8 metres […]