Gold Price Reaches $2,800 Amid Uncertainty Surrounding US Elections
The rally comes despite rising bond yields and a stronger US dollar, which usually would have weighed on the precious metal. This brings bullion’s year-to-date gain to approximately 34%, making it one of the best-performing assets of 2024. “Market positioning is elevated ahead of the election but also in anticipation of further Fed rate cuts […]
Identifying a Market Bubble: Key Indicators to Watch
What Signals to Look for to Spot a Market Bubble Christine Benz: We wanted to start by talking about bubbles, and you are a student of bubbles. I was listening to an interview that you did where you talked about your entry point into investing. You were looking for the places where your fellow business […]
Understanding the Shift: Why 15% of Funds Recently Altered Their Ratings
As previously announced, today we made an enhancement to the Morningstar Medalist Rating, our comprehensive forward-looking rating system for managed investments. The enhancement refines how we estimate the potential value that managed investments can deliver to investors after fees, with those estimates determining the Medalist Ratings we assign. Today’s enhancement changes the Medalist Ratings we’ve […]
Heliostar Discovers New High-Grade Gold Zone at Ana Paula
Heliostar has drilled 1,995 metres of its planned first-phase 2,600 metres, with a second program set to follow early next year. Success here will factor into an updated feasibility study due by the end of 2025. The company has C$9.5 million in cash, boosted by recent financings to support its drilling and development plans. It […]
Globalization Is Here to Stay: Here’s Why…
You hear a lot these days about how globalization is reversing. While some supply chains are onshoring and trade ties weakening, these trends are not reflected in public companies’ revenue sources. In fact, our annual study of Morningstar’s 48 single-country equity indexes shows growing interconnectedness between markets. This runs counter to the narrative that the […]
Bank of Canada’s Significant Rate Reduction: Positive Developments for…
The Bank of Canada may be ramping up the pace of interest rate cuts amid concerns about the strength of the economy, but for investors, falling interest rates looks positive for Canadian stocks. The picture is muddier for bonds. While stocks are seen as benefiting from lower rates and the Bank of Canada’s commitment to […]
Osisko Acquisition Enhances Gold Fields’ Growth Strategy
The deal, announced in August, drew some criticism as Gold Fields paid a 55% premium for the second batch of Osisko shares. Chief executive Mike Fraser assured the market on Monday that Gold Fields remained in a strong financial position following the acquisition, maintaining its investment-grade credit rating. Analysts have pointed that Gold Fields paid a premium […]
Informal Gold Miners Disrupt Highways Across Three Provinces in Colombia
Separately, in Antioquia province in the northwest, workers are protesting the destruction of excavators and other heavy machinery used in illegal or informal gold mining by security forces. More than two-thirds of the nation’s gold is produced by in operations that lack full certification. Many of the mining operations in rivers and remote mountains are […]
3 Lithium Stocks to Consider Purchasing on the Dip: June 2024
While lithium prices may be down, these three lithium stocks could make a decade-defining comeback Source: GrAl / Shutterstock.com With demand for electric vehicles (EVs) decreasing, the original expectation and excitement around the lithium industry have somewhat lessened. Yet, that does not mean that the extraction of elemental lithium is an unworthy economic pursuit. Rather, […]
Mali Issues Warning of Permit Lapse for Barrick Mine Amid Dispute
The move comes as the junta has taken an increasingly hard line against the world’s second biggest gold miner, including briefly jailing four of its local executives last month over alleged “financial crimes.” Mali this week accused Barrick of failing to honor a September agreement aimed at resolving their disputes, which the Canadian company has […]