After a hard Wednesday in the marketplace, both Canadian and American indexes slowly crept back into the green on Thursday morning.
In this interview, Adrian Day of Adrian Day Asset Management also talks about copper and what mistakes to avoid as a resource investor.
Day mentions a few gold stocks he likes currently and discusses factors that could impact the gold market moving forward.
Franco-Nevada Corporation (NYSE: FNV) reports Q3 strong results today.
As quoted in the press release:
“Franco-Nevada’s diversified portfolio continues to perform very well” commented David Harquail, CEO. “We are seeing organic growth at some of our key precious metals assets such as Tasiast, Stillwater and Subika. We are also having good success at adding new investments.
Frank Holmes talks about US Global Investors’ new precious metals ETF and the future of gold.
Algold Resources Ltd. (TSXV:ALG) today announced more preliminary assay results from its Phase III 20,000-meter drilling campaign carried out on its Tijirit property (“Tijirit”) in Mauritania. The results continue to demonstrate the high-grade nature of the Eleonore zone and extend the mineralized horizons in the South and Central zones.
Algold Resources Ltd. (TSXV:ALG) today released preliminary assay results from its phase 3 20,000-metre drilling campaign carried out on its Tijirit property in Mauritania. Results continue to demonstrate the high-grade nature of the Eleonore zone, with the mineralization now extending to a vertical depth of up to 150 metres.
Ian Ball, president and CEO of Abitibi Royalties, explains why he believes the royalties space is compelling and outlines his company’s 2017 plans.
Glencore plc (LSE:GLEN) announced that Narila Investments Ltd., its subsidiary, has entered into a long-term streaming agreement with Franco-Nevada (Barbados) Corp., a subsidiary of Franco-Nevada Corp. (TSX:FNV,NYSE:FNV).
The other top gainers on the TSX last week were First Quantum Minerals, Copper Mountain Mining, SouthGobi Resources and Teck Resources. Here’s a look at what moved their share prices.
Teck Resources Ltd. (TSX:TCK.B,NYSE:TCK) announced that along with a subsidiary, it has entered into a long-term streaming agreement with a subsidiary of Franco-Nevada Corp. (TSX:FNV,NYSE:FNV).
First Quantum Minerals Ltd. (TSX:FM,LSE:FQM) and Franco-Nevada Corp. (TSX:FNV,NYSE:FNV) announced that they have finalized the terms of a replacement precious metals stream agreement for the Cobre Panama project.
By Vivien Diniz
Hot on the heels of the Sandstorm/Franco-Nevada streaming deal for True Gold Mining’s Karma project, the Investing News Network spoke with Nolan Watson for the inside scoop on changes with streaming and royalty companies.
Gold Investing News asked Frank Holmes, Julian Phillips and Peter Schiff what happens to gold if the United States tapers quantitative easing. The experts also weigh in on how the new reality of $1,300 gold is likely to impact the major producers and junior gold explorers.