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.
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Fastenal Company, a leading industrial and construction supplies distributor.
Pat likes the company’s steady growth, robust financial position and its focus on controlling costs. Its onsite location growth are very promising. However, Pat… Read More
The world’s largest gold miner, Newmont Corp., stands at a compelling inflection point, combining robust gold market fundamentals with strategic diversification into copper and other metals. The firm reported adjusted net income of $0.81 per share in the latest quarter, demonstrating exceptional operational execution and… Read More
AGNICO EAGLE MINES LTD., $112.41, symbol AEM on Toronto, owns currently producing gold mines in Canada, Australia, Finland and Mexico.
Specifically, it owns the La Ronde, Canadian Malartic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines in Canada. It also owns the Fosterville mine… Read More
IMPERIAL OIL LTD., $88.61, Toronto symbol IMO, is a buy.
This company gets over 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other… Read More
SONY GROUP CORP. ADRs $21 (www.sony.com) is a hold. For the fiscal 2025 second quarter, ended September 30, 2024, the Japanese conglomerate reported a sales rise of 6.3%, to $20.18 billion from $18.98 billion a year earlier. That’s largely due to stronger demand for its PlayStation video gaming… Read More
These two firms mainly serve clients in highly cyclical industries such as mining and construction. However, their high-quality businesses will let them continue their long record of annual dividend hikes.
FINNING INTERNATIONAL INC. $37 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry… Read More
We see both Calian and Wajax as having bright futures given their high-demand services and the resulting growth prospects. Meanwhile, each stock offers you a sustainable yield. Both are buys.
CALIAN GROUP, $47.73, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding:… Read More
NORTH WEST COMPANY, $48.01, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 227 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions… Read More
MONDELEZ INTERNATIONAL INC., $61.93, Nasdaq symbol MDLZ, is a buy.
The company makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), candy (Clorets, Sour Patch Kids) and Halls cough drops.
This week, Mondelez announced a new plan to buy back up to $9 billion of its common… Read More
The shares of these two utilities continue to rise, mainly because falling interest rates make their high dividend yields more appealing to income-seeking investors. As well, their new projects will give them even more room for dividend hikes.
CANADIAN UTILITIES LTD. $36 is a buy. The company (Toronto… Read More
Learn everything you need to know in 'How to Find the Best Growth Stocks' FREE Special Report from The Successful Investor.
Canadian Growth Stocks:
CGI Group, CAE Inc., Fortis Inc. Stock and more.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
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:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Agents: We employ other companies and individuals to perform functions on our behalf. Examples include fulfilling orders, delivering packages, sending postal mail and email, removing repetitive information from customer lists, analyzing data, providing marketing assistance, processing credit card payments and providing customer service. They have access to personal information needed to perform their functions, but may not use it for other purposes.
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TSI Network may provide personal and other information to a purchaser or successor entity in connection with the sale of TSI Network, a subsidiary or line of business associated with TSI Network, or substantially all of the assets of TSI Network or one of its subsidiaries, affiliates or lines of business.
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Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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If you wish to request access to, or correction of, your personal information in our custody or control, or find out how we've used or disclosed that information, please make your request in writing to us. We may need to verify your identity before searching for or providing you with personal information. In some circumstances, we may not be able to provide access to your personal information, for example if it contains the personal information of other persons, if it constitutes confidential commercial information, or if it is protected by solicitor-client privilege. If we deny your request for access to, or refuse a request to correct, your personal information, we will advise you of the reasons for this refusal.
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What Choices Do I Have?
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.
TSI Network may revise this Policy from time to time.
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