But with ever-present political uncertainty, these stocks present challenges
Exchange-traded funds and a new uranium company allow clients to avoid some of the pitfalls of regular metals stocks
Above-ground silver reserves appear to be dwindling, putting a new shine on some older properties
Just as the diamond industry mops up the mess of blood diamonds sold to finance war efforts in Africa, it faces a new threat: man-made diamonds that look exactly like the real thing.At least two U.S. companies, Gemesis Corp. in Florida and Apollo Diamonds Ltd. in Boston, are producing diamonds that are identical to their […]
Diamond exploration is heating up across the country, and this year the really big money is going to Saskatchewan.Partners De Beers Canada Mining Inc. of Toronto (42.25%), Kensington Resources Ltd. of Vancouver (42.25%) and Saskatoon-based Cameco Corp. (15.5%) are sinking $25.6 million — about five times more than they spent last year — to further […]
Peter gillin was working hard on his golf swing when a call came through from Jonathan Goodman, president of Dundee Precious Metals Inc. of Toronto.Goodman was looking for someone to take the helm of Toronto-based Tahera Corp., a tired junior exploration company with a small but advanced diamond project in Nunavut, not much money left […]
Canada’s new diamond mines are proving to be wildly profitable, but government-sponsored factories built to cut and polish the stones are struggling for viability in the face of high labour costs and increasing diamond prices.Last year, two of the four existing factories in the Northwest Territories, Sirius Diamonds N.W.T. Inc. and Arslanian Cutting Works N.W.T. […]
The suggestion that a Canadian junior mining company would one day own a controlling interest in a legendary diamond jeweller would have seemed preposterous a decade ago. But that is exactly what has happened. Aber Diamond Corp. of Toronto, once a tiny junior with a long shot of finding diamonds, now holds 51% of New […]
Who will find canada’s next Ekati? Canada’s untapped diamond potential is fuelling an exploration boom that has elevated the search for diamonds to record levels.Global diamond exploration expenditures in 2004 soared 47% to US$471 million, the highest level since Halifax-based Metals Economics Group began tracking such spending patterns in 1989. And although Africa has long […]
If you have clients looking for a mutual fund with pure exposure to the rallying base metals sector, you’ll probably have to cobble something together for them. Unlike precious metals funds, which consist mostly of gold-related investments, “natural resources” funds tend to be heavily weighted in oil and gas producers, with base metals miners receiving […]