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...
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...
The S&P/TSX Composite Index (INDEXTSI:OSPTX) declined last week, finishing the period at 19,415.93. The index sank to its lowest level since March, weighed down by lower oil prices, which hurt energy stocks. Tech and real estate stocks also took hits as interest rate uncertainty continued to worry investors. Against that backdrop, some resource juniors saw...