Barrick Gold Corp. has surged to become Canada’s best-performing stock as a two-month rally in the precious metal gives added lift to the company’s turnaround efforts.
At the corrugated-iron-walled congress centre in Sept-Îles on a snowy late-November day, organizers of a chamber of commerce luncheon are turning away late arrivals.
Given that oil is down at the moment with the news out of Middle East, what would take oil to move materially to US$50 would be some supply outage coming out of this story, or a military conflict between Iranians and Saudis.
After winning about five minutes worth of approval from the environmental movement for capping greenhouse gas emissions in the oilsands, Alberta Premier Rachel Notley is facing the uncomfortable task of deciding which projects get to benefit from her now-limited carbon budget.
We feel investors should be ready with a small gold equity position in case this situation develops, or suggest they do their homework so they can react quickly should the forecast Fed rate rise damage the economy.
U.S. President Barack Obama’s decision to reject TransCanada Corp.’s Keystone XL project doesn’t necessarily make Canada a more risky place for energy investment.
When Steve Parsons and his colleagues published their first report on the gold “production cliff” in early 2013, they thought the thesis was obvious, even though almost no one was talking about it.
Gold miners have managed to cut their costs significantly since prices started to freefall in 2013. And, fortunately, it appears that trend is not slowing down.
