Category: Haywood Securities
35 Posts
POSTED ON December 11, 2015 BY Haywood Mining Team

  As the end of the 2015 approaches, both investors and mining companies are restructuring their portfolios, either via tax-loss selling through struggling investor portfolios, or cutbacks on production and spending by miners. This week saw a number of mining companies announce restructuring plans. This included Anglo American (AAL-LON), who announced it would cut approximately… Continue Reading

POSTED ON November 13, 2015 BY Haywood Mining Team

The growth outlook in both Asia and Europe, in addition to retail sales in the U.S., all conspired to batter metal prices this week, resulting in significant declines in mining equities. This was reflected in the S&P/TSX Global Base Metals and Global Mining Indices, which both fell to 52-week lows, finishing at 68 and 45.3… Continue Reading

POSTED ON October 16, 2015 BY Haywood Mining Team

Positive sentiment continued in the mining sector this week, despite most commodities failing to maintain last week’s price rally. In what could be viewed as the turnaround the mining sector has been waiting for, investors were relieved that metal prices stabilized – as opposed to previous metal price rallies of late that have remained short-lived,… Continue Reading

POSTED ON October 02, 2015 BY Haywood Mining Team

It was a bad start to the week for a number of top multi-commodity miners on the back of persistently low base metal prices. Copper in particular fell last week from just under $2.45 per pound down to as low as $2.22 per pound in intraweek trading on Tuesday (this week), before rebounding late in… Continue Reading

POSTED ON October 01, 2015 BY Riley Skinner

Endeavour Mining (EDV-T) Price: 0.55 MC: $227 million During the bull market, large gold companies were pressured by shareholders to finance higher-cost mines by issuing debt. That increases production and cash flow when gold is rising, but when the price falls it burdens large producers with too much debt and renders their production unprofitable. Four… Continue Reading

POSTED ON July 31, 2015 BY Haywood Mining Team

Focus continued to shift from Europe to the Federal Reserve and the timing of a potential interest rate hike. While the Fed kept interest rates at near zero this week, as expected, the governing body of the central bank continued to remain bullish on the U.S. economy, fueling market expectations that interest rates will be… Continue Reading

POSTED ON July 25, 2015 BY Haywood Mining Team

With Greece now likely to stay in the European Union for the time being, market focus shifted to a more ‘risk on’ appetite with investors now ensconced in quarterly reporting. Newly released macro data from various Eurozone countries show signs of growth, but lower than estimated jobless claims in the US further highlighting the market’s… Continue Reading

POSTED ON July 18, 2015 BY Tommy Humphreys

Haywood Securities Inc. is one of Canada’s leading independent investment firms, with deep expertise in the early stage mining, energy and technology sectors. Each week, Haywood’s Mining Team publishes the Weekly Dig, which covers the mining news week that was. This week, the following companies are mentioned: $NXE $CS $EDR $FVI $LSG $MND $SVL $AKG $KDX $TGM… Continue Reading

POSTED ON June 26, 2015 BY Haywood Mining Team

A final cash-for-reforms proposal was delivered to Greek Prime Minister Alexis Tsipras, along with a clear message from European Union leaders that all patience had been exhausted, and that the Greek government must choose between reforms and an accompanying 15.5 billion euro loan that would see Greece remain solvent at least to the end of… Continue Reading

POSTED ON June 12, 2015 BY Haywood Mining Team

A final feasibility study for the Ranger uranium mine in Australia has been cancelled, effectively suspending any future plans for development of Ranger 3 Deeps indefinitely. The news is the latest in what has been a difficult period for uranium miners following the Fukushima disaster in March 2011, which resulted in the shutdown of Japanese… Continue Reading

POSTED ON May 30, 2015 BY Haywood Mining Team

Following the Q1’15 financial reporting period, two miners announced the suspension of operations during the week; on Thursday, a major diversified miner announced it would implement temporary halts to six Canadian metallurgical coal mines for about 3 weeks during Q3. While only a brief period, the Company has not ruled out additional closure periods during… Continue Reading

POSTED ON May 22, 2015 BY Haywood Mining Team

Comments from Federal Chair Janet Yellen on Friday raised the possibility of an interest rate hike in 2015 as U.S. CPI data showed a three-month annualized inflation rise of 2.6%, a four-year high. The rise in inflation in the U.S. may attract investors to inflation-hedge commodities, especially gold, if the Federal Reserve is slow to… Continue Reading

POSTED ON May 16, 2015 BY Haywood Mining Team

It was a good week for precious metals as April economic data from the U.S. failed to impress, while the U.S. dollar fell against other major currencies. While employment data was favourable, retail sales in particular were flat last month according to the Commerce Department on Wednesday, well below the 0.3% increase projected by economists… Continue Reading

POSTED ON May 08, 2015 BY Haywood Mining Team

On Monday, the UxC weekly Spot price of uranium recorded its biggest 1-week decline since November 2014, falling 6.5% week-over-week, culminating in a drop of 10.5% over the last five weeks. However, throughout this week, the daily UxC Broker Average Price (BAP), which is closely correlated with spot price, gained 3%. Despite the rise in… Continue Reading

POSTED ON April 24, 2015 BY Haywood Mining Team

This week saw the continuation of M&A activity in the junior mining/exploration space with two proposed deals announced during the week (see Page 14), following 15 other similar transactions involving gold juniors over the last 12 months. Many consider such M&A activity a leading indicator for positive sentiment in the mining sector; studies certainly do… Continue Reading

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