Mining

It’s no secret that the mining sector has been a bad place to invest for quite a while. The S&P/TSX Capped Materials index, which includes all of Canada’s major mining companies, lost more than 10 per cent of its value in 2018. That performance came after the index showed no gain from the summer of 2016 to the beginning of last year, as the overall stock market soared.

Now that the market has corrected, many investors are taking advantage of discounts in high-flying technology stocks, or looking for bargains in the especially hard-hit energy sector. But perhaps now is a good time to consider the overlooked mining sector, and identify cheap stocks that could be poised to rally. (March1, 2019, Terry Cain, Globe and Mail)

The Mines Ministers of Canada’s provinces and territories convened in Cranbrook, British Columbia for this year’s mining conference. Industry leaders and other stakeholders took that opportunity to shed light on the plight of the Canadian mining sector. In addition, they proposed strategies which the government can follow to bring...
Canada’s mining competitiveness is declining. This is the message delivered by a national alliance of mineral exploration and mining associations during this year’s Mines Ministers’ conference in Cranbrook. In response, Natural Resources Canada committed funding towards clean mining efforts. In particular, the Ministry of Natural Resources under Amarjeet Sohi said...
The first new copper mine is set to go live after more than 40 years in the little Belt Mountains of central Montana. Sandfire Resources America Inc. (CVE:SFR) is the company behind the $250 million Black Butte copper project that could help reinvigorate the Canadian mining sector. As Sandfire...
Gold is performing well in the market currently despite the wild fluctuations over the last two years. If the current growth rate holds strong, the yellow metal could recoup the $1,892.54 high it attained in 2011. In this light, there is a lot of activity in the Canada gold...
The mining industry was doing well in 2018, if a record dividend of $43 billion by mining companies is anything to go by. Amidst the successes so did a number of issues crop up, some which are already having a significant impact on investors sentiments. Contemporary issues touching on...
Gold prices breaking out to six-year highs has once again shone a light on silver, another precious metal well positioned for a spike. Just like gold, silver prices have also started showing signs of edging high given the weakness in the U.S dollar. A spike in silver prices should...
Gold stocks continue to elicit strong interest on growing concerns about volatility in the global markets triggered by slow economic growth and trade tensions between economic powerhouses.  Barrick Gold Corp (TSE:ABX) and Kirkland Lake Gold Ltd (TSE:KL) are some of the Canadian stocks well positioned to ride on the...
Canada’s mining sector is under immense pressure. Stock downgrades have come into play on investor sentiments edging lower in the face of middling commodity prices. Concerns over global economic growth and trade tensions are some of the tailwinds that have taken a toll on the sector. Amidst the tailwinds, Gold...
A combination of factors is causing unrest in the global zinc market. Particularly, the US-China trade war has dampened growth prospects for the global economy. Also, there is subdued demand in the market in the face of poor manufacturing data from major economies like Germany and China. Supply and demand...
A StatsCan report for the first quarter of 2019 indicates the economy is growing but at a snail’s pace. Overall, the economy expanded by 0.1% while gross national income grew 0.9% on the back of higher crude oil prices. On the other hand, mining exploration and evaluation decreased due...