Investing News Network

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Pan American Makes US$295M Deal to Sell La Arena Mine

Pan American Silver (TSX:PAAS,NASDAQ:PAAS) has announced the sale of its 100 percent interest in La Arena, including the La Arena gold mine and the La Arena II project in Peru, to Singapore’s Jinteng Mining, a subsidiary of Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899) Zijin will pay US$245 millio...

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Top 3 Canadian Cobalt Stocks in 2024

The first months of 2024 saw cobalt take a bearish stance constrained by excess supply and eroding demand.Cobalt prices faced many headwinds at the beginning of the year pulling the value of the battery metal down by 2.01 percent between January and the end of March. After starting the calendar year...

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ASX Cobalt Stocks: 4 Biggest Companies

Strong electric vehicle (EV) sales have been driving up demand for key battery raw materials in recent years. EVs require lithium-ion batteries to run, and each battery could contain up to 15 kilograms of cobalt.This means that as demand for EVs increases, so too will demand for cobalt — and, as one...

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Should You Invest in Silver Bullion?

Investing in silver bullion has pros and cons, and what’s right for one investor may not work for another.Interest in the silver market tends to flourish whenever the silver price increases, with investors beginning to wonder if it is the right time to add physical silver to their investment portfo...

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How to Invest in Rare Earths

The 17 rare earth elements (REEs) are as diverse as they are challenging to pronounce. The group is made up of 15 lanthanides, plus yttrium and scandium, and each has different applications, pricing and supply and demand dynamics. Sound complicated? While the REE space is undeniably complex, many in...

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Gold, Silver See Gains as Fed Continues to Maintain Rates

The United States Federal Reserve announced on Wednesday (May 1) that it would hold its benchmark rate at 5.25 percent to 5.5 percent following its two-day Federal Open Market Committee (FOMC) meeting. In his press conference following the meeting, Federal Reserve Chairman Jerome Powell largely echo...

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US Senate Gives Green Light to Russian Uranium Import Ban

In a unanimous decision, the US Senate has greenlit legislation to halt imports of Russian uranium, escalating efforts to disrupt Russia's activities amidst its ongoing conflict with Ukraine. The Prohibiting Russian Uranium Imports Act garnered unanimous consent in the Senate and now awaits Presiden...

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World Gold Council: Record Q1 Gold Price Driven by Demand Growth

The World Gold Council (WGC) has released its latest gold demand trends report, highlighting a record quarterly average price of US$2,050 per ounce for the yellow metal on the back of strong demand. This represents a substantial 10 percent increase year-on-year and a notable 5 percent rise quarter-o...

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Top 5 Copper Stocks on the TSX in 2024

The first quarter of 2024 began with copper prices remaining steadfast, staying within the US$8,000 to US$8,500 per metric ton (MT) range. However, the end of the quarter saw the red metal gain momentum on the LME and surge to a quarterly high of US$8,973 on March 18 before moving to set a two-year ...

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Top 5 Junior Copper Stocks on the TSXV in 2024

Coming off a volatile 2023, copper started the new year trading in the US$8,000 to US$8,500 range in January and February. However, the red metal saw significant gains starting at the end of February and through March as news of production cuts from Chinese smelters began to make headlines. The cuts...

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