Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

While sometimes risky, mining stocks can also 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 a well-balanced portfolio.

Canadian penny mining stocks are some of the riskiest stocks you can buy. These companies are trying to find mineral deposits that mine at a profit and such a find are exceedingly rare. Because of this, it’s even more important to look for investment quality in penny mines.

For example, we automatically rule out investing in penny mines that promote themselves too aggressively or do so misleadingly. The mine-finding effort is more likely to succeed if the managers focus on finding a mine rather than hyping their stock.

Junior mining stocks are usually smaller companies that typically take on riskier mining projects. However, if a junior mining stock is successful at finding and mining, it can mean huge returns for investors.

No matter what type of mining stocks, or other stocks you invest in, TSI Network recommends following our three-part Successful Investor strategy:

  1. Invest mainly in well-established, mostly dividend-paying companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities);
  3. Downplay or avoid stocks in the broker/media limelight.

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Mining Stocks Library Archives

Rising output adds appeal to Alamos

ALAMOS GOLD, $32.28, is a buy. The company (Toronto symbol AGI; TSINetwork Rating: Extra Risk) (www.alamosgold.com; Shares o/s: 420.1 million; Market cap: $13.6 billion; Dividend yield: 0.4%) reported gold production of 140,200 ounces in the 2024 fourth quarter, up 8.3% from the third quarter of 2024. Meanwhile, in… Read More

Shift to copper will pay off for Teck

TECK RESOURCES LTD. $61 remains a buy for the Resources sector of your portfolio. In 2008, the company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 512.0 million; Market cap: $31.2 billion; Price-to-sales ratio: 1.9; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.teck.com) sold its metallurgical… Read More

Barrick suspends its Mali mine

BARRICK GOLD, $22.66, is a buy. The miner (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares o/s: 1.7 billion; Market cap: $40.0 billion; Dividend yield: 2.5%) has suspended operations at its Loulo-Gounkoto mine in Mali. The company owns 80%, while a state-owned firm holds the other 20%.
The dispute… Read More

Alcoa finds a partner for smelter

ALCOA CORP. $37 is a buy. The company (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 258.3 million; Market cap: $9.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.1%; TSINetwork Rating: Extra Risk; www.alcoa.com) is a leading producer of bauxite ore, with mines in Australia, Brazil… Read More

Newmont sells a big mine

NEWMONT CORP., $41.41, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $47.3 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.newmont.com) continues to make progress with its plan to sell six of its… Read More

Saavy buy for Major Drilling

MAJOR DRILLING, $8.70, is a buy. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (majordrilling.com; Shares o/s: 81.8 million; Market cap: $712.0 million; No divids.) is now acquiring Explomin Perforaciones, a specialty drilling contractor based in Peru. The purchase price is $63 million U.S., with an added $22… Read More

IAMGold reassures investors

IAMGOLD, $6.99, is a buy. The miner (Toronto symbol IMG; TSINetwork Rating: Speculative) (www.iamgold.com; Shares outstanding: 570.3 million; Market cap: $4.0 billion; No dividends paid) has bounced back from a recent drop that came after Burkina Faso’s President Ibrahim Traore mentioned during a radio interview on October. 5, 2024,… Read More

These two gold stocks can rise even higher

Whatever the near-term outlook for gold, we think top-quality gold stocks like Alamos and Lundin—both hitting all-time highs—remain buys. That’s in part because of their prospects for increased production and cash flow—regardless of precious metal prices.
ALAMOS GOLD INC., $27.46, is a buy. Through the shares (Toronto… Read More

Stay on top of your stocks with our updates

NEWMONT CORP., $54.00, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 1.1 billion; Market cap: $59.4 billion; TSINetwork Rating: Average; Dividend yield: 1.9%; www.newmont.com) is the world’s largest gold miner, with major operations in North America,… Read More

New assets improve their outlook

These three resources producers are making acquisitions and investing in big new projects. These moves help bolster their reserves and set them up for more growth in the next few years. For now, however, we prefer mining firms Alcoa and BHP over oil producer APA… Read More

Barrick aims to spur production

BARRICK GOLD, $27.36, is a Power Buy. The miner (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares o/s: 1.8 billion; Market cap: $48.0 billion; Yield: 2.0%) has announced that its feasibility study for the expansion of its Lumwana mine in Zambia is expected to be completed by the end… Read More

Nutrien expects stronger potash sales

NUTRIEN LTD. $64 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 494.6 million; Market cap: $35.6 billion; Price-to-sales ratio: 1.0; Dividend yield: 4.1%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate. It… Read More

Teck ready for coming shift to EVs

Teck Resources recently sold its metallurgical coal mines in Western Canada. Metallurgical coal is a key ingredient in steelmaking.
The company is using the cash from the sale to pay down debt and reward investors. More importantly, the sale leaves Teck to focus on its copper… Read More

Newmont’s output soars

NEWMONT CORP., $51.36, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 1.1 billion; Market cap: $59.2 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.newmont.com) reports that in the quarter ended June 30, 2024, it produced a.. Read More

Tap into rising gold prices

NEWMONT CORP. $52 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.15 billion; Market cap: $59.8 billion; Price-to-sales ratio: 3.6; Dividend yield: 1.9%; TSINetwork Rating: Average; www.newmont.com) acquired rival Newcrest Mining… Read More

Barrick lets you tap gold’s record highs

Barrick has moved up recently, along with gold prices—now hitting new all-time highs. The gains likely reflect growing belief among investors that easing inflation eliminates the need for any more interest-rate increases. That should push up investor demand for gold as the appeal of interest-bearing… Read More