Canada Silver Cobalt Works (TSXV:CCW) will focus on its precious metals assets after securing court approval to spin out its Graal property in Québec to its subsidiary Coniagas Battery Metals, according to Chairman and CEO Frank Basa. Canada Silver Cobalt Works has already spent C$6 million on the Graal property, which Basa considers the most...
The S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 20.22 points last week, closing at 530.5. Markets got a boost on Tuesday (November 14) when data from the US Bureau of Labor Statistics showed that inflation stayed flat month-on-month in October. The consumer price index (CPI) was up 3.2 percent from the year-ago period. The CPI reading...
Jeff Clark of TheGoldAdvisor.com shared his thoughts on sentiment in the junior resource sector, saying that while many of these stocks are oversold right now, a 100 year opportunity could be shaping up for investors. “These things cycle — we’ve been in a downcycle, sentiment is bad. But at some point this is going to...
Peter Krauth, publisher of Silver Stock Investor, spoke to the Investing News Network about silver supply and demand dynamics, as well as where the white metal’s price may be headed for the rest of 2023 and into 2024. He believes movement is coming, but said investors shouldn’t expect it to happen quickly. “I think that...
Construction: Physical construction of the Project is now 70% complete Significant advancement in mine pre-stripping, with first sulphide ore on track to be reached in early November All earthworks now completed, including the water storage reservoir, site drainage and run-of-mine stockpiles Over 15,000 cubic meters of concrete poured (over 65% complete), concluding all major foundation...
EB Tucker, editor of the Tucker Letter, weighed in on current events and how they could affect investors, touching on the escalating Israel-Hamas war, US Federal Reserve policy and more. He also shared his outlook for gold, saying he thinks the yellow metal is set to move 10 percent in the next 90 days. When...
The S&P/TSX Venture Composite Index (INDEXTSI:JX) ended the week flat, losing just 3.71 points to close at 531.09. Bank of Canada Governor Tiff Macklem told reporters on Friday (October 13) that while he isn’t forecasting a serious recession, inflation remains stubborn. “Inflation’s still too high, it’s still too broad-based,” he said. The central bank held...
Silver has a long history as a valuable metal, and miners have spent centuries hunting for world-class deposits. The search for top-tier silver assets can be tough — silver-dominant mines are rare, and the metal is often produced as a by-product. Indeed, some of the world’s largest silver-producing mines are focused primarily on other metals....
Private investor Don Hansen has honed his resource sector investment approach for more than 20 years. Speaking to the Investing News Network, he outlined the factors he looks at when evaluating gold and silver stocks, first mentioning four elements he looks at for all companies: management, ownership, location and financial status. Hansen then looked at...
This year’s much-anticipated BRICS meeting has wrapped up, and Don Durrett of GoldStockData.com joined the Investing News Network to share his thoughts on its long-term implications for the US dollar and gold. “This BRICS conference is a win-win for gold,” he said, explaining that it’s significant to see six new countries joining the bloc. The...