Mining is the process in which minerals are extracted from the ground. The stages of mining include exploration, development and then building a mine. It can also involve the subsequent processing, smelting, shipping and marketing of the minerals.
Mining is inherently a politically vulnerable business; you can’t move the mine to another country. In developed countries, it is subject to changing regulatory and environmental constraints. In some jurisdictions, local citizens sometimes believe that a foreign mining company is robbing them of their birthright, even though they usually need the foreign company’s capital and expertise to get any value out of the ground.
Mining companies are can generally be broken up into two categories, majors and juniors. Majors are typically mining companies that have been in the mining business for many years, and more often than not they operate producing mines on a global scale. Majors have proven methods for exploration and mining, and have consistent output, and cash flow, year over year.
Junior mining companies typically have negative cash flow since they’re spending money in hopes of finding a mineable deposit.
While sometimes risky, mining stocks can be strong performers when commodity prices move up. However, due to the volatility of these stocks, Pat McKeough recommends that they only form a modest part of the Resources segment of a well-balanced portfolio. Above all, follow TSI Network and use our three-part Successful Investor strategy:
Discover how to make the most of your mining investments in this free special report, Best Canadian Mining Stocks TSX: Plus Gold Stocks, Canadian Diamond Mines and More. The complete guide to picking the best Canadian mining stocks on the Toronto Stock Exchange.
EBAY INC., $48.05, Nasdaq symbol EBAY, is still a buy for long-term gains.
The company operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.
eBay reported better-than-expected results for the fourth quarter of 2023, thanks to higher… Read More
Random events can appear in bunches, which may make it seem like stock pattern recognition works as a strategy. But it will more likely lead you to losses
Many investors go through a time in their lives when they’re interested in market lore—observations of stock-market trading… Read More
Junior mining stocks have strong profit potential—but they also have risk to match
Mining companies can generally be broken down into two categories, major and junior mining stocks. Majors are typically mining companies that have been in the mining business for many years and, more often… Read More
NVIDIA CORP., $788.17, Nasdaq symbol NVDA, remains a buy, but only for highly aggressive investors.
The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial… Read More
LOBLAW COMPANIES LTD., $144.60, Toronto symbol L, is a buy.
The company operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares. Shoppers operates 1,351… Read More
A: Fastenal Company, $70.13, symbol FAST on Nasdaq (Shares outstanding: 572.2 million; Market cap: $40.1 billion; www.fastenal.com), is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.
Those construction customers include general, electrical, plumbing,… Read More
Finning’s earnings generally depend on cyclical commodities, particularly crude oil and copper. We think their prices will resume their upward direction in the next few years. Moreover, increasing government spending on infrastructure projects helps offset that cyclical risk.
FINNING INTERNATIONAL INC. $36 is a buy. The company (Toronto… Read More
Smaller companies can generate higher returns than their larger counterparts, but their shares are often riskier and less liquid, and may underperform for long periods.
Small cap stocks are also more volatile in times of unsettled or falling markets.
Still, if you focus on the best-quality small companies—or… Read More
Canadian penny stocks can be riskier than other investments, and if investors aren’t careful, early success can actually lead to big losses.
The appeal of Canadian penny stocks today is no different in 2023 than it was in the past. Investors are looking to add to… Read More
Here’s one of a growing number of Canadian diamond stocks for aggressive investors
Canadian diamond stocks, like those around the world, are focused on the mining of diamonds–a transparent form of pure carbon, with dense crystal structures that make them the hardest substance known.
Canadian diamond stocks… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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