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.
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
Finning supplies Caterpillar heavy equipment and support services to resources companies, so its revenues tend to move up and down with commodity prices.
To offset that cyclical risk, the company typically signs long-term support contracts when it sells new equipment, which gives its predictable revenue streams… Read More
BRAZIL POTASH CORP. $12 is a hold. The company (New York symbol GRO; Resources sector; Shares outstanding: 39.5 million; Market cap: $474.0 million; No dividends paid; Takeover Target Rating: Medium; www.brazilpotash.com) is a Toronto-based mineral exploration and development company. It is currently developing Autazes, a potash mining project in… Read More
WAJAX CORP., $23.78, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.
The company’s… Read More
Graphite mining stocks could show strong returns if demand for graphite keeps expanding.
Graphite mining is one speculative way for investors to diversify their mining portfolios.
A growing number of investors are interested in graphite because it is used in the lithium-ion batteries that power electric cars… 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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