Nasdaq Commodities

Canadian province Alberta's ban on some renewable projects could hurt C$11.1 billion ($8.24 billion) in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.

Canadian farmers intend to plant more acres of oats, durum wheat, corn and dry field peas compared to 2023 levels, while planting less canola, soybeans and barley, according to a Statistics Canada survey released on Monday.

Brazil's soybean harvest for the 2023/24 cycle had reached 55% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday.

Chicago soybeans, wheat and corn fell on Monday, reversing Friday's strength, as market attention returned to large global supplies and low demand.

Robusta coffee futures traded on ICE steadied on Monday after hitting their highest in at least 16 years last week, but dealers in top producer Vietnam said supplies remained extremely tight.

Copper prices steadied on Monday as the market awaited Chinese loan data for indications of demand from the top metals consumer and U.S. inflation data for a steer on the timing of interest rate cuts and dollar direction.

Fashion retailer Mango said on Monday its sales rose 19% to a record 3.1 billion euros ($3.39 billion) in 2023, after matching Spanish rival Zara's strong expansion in the United States.

About 4% of winter cereals in Russia are in "poor and sparse" condition, the Russian Grain Union said on Monday, compared to a typical rate of 6% at this stage of the season.

The highest price offered in the tender from Turkey's state grain board TMO to sell and export 150,000 metric tons of durum wheat which closed on Monday was assessed at $315 a ton FOB, traders said.

A dozen U.S. firms will hold meetings with Vietnam's public security and defence ministries next week, when a U.S. business group aims to sign a deal to facilitate the supply of gear to the country's police, the organiser told Reuters.

At least 50 people were hurt on Monday, mostly with minor injuries, after LATAM Airlines told the New Zealand Herald that a "technical problem" had caused a "strong movement" during a flight from Sydney to Auckland.

Ukraine's grain exports so far in March have totalled 1.54 million metric tons versus 1.93 million tons in March 1-13 of last year, agriculture ministry data showed on Monday.

Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any supply chain risks.

Pilots at Qantas Airways units Network Aviation and QantasLink will conduct a fresh strike this week as they continue to demand for higher pay, the Australian Federation of Air Pilots said on Monday.

Qantas Airways, Australia's flag carrier, said on Monday that it is adjusting its schedule for a couple of days this week to mitigate any operational disruptions arising from a new planned strike by the pilots at its units.

Copper prices in London were steady on Monday as traders assessed lower inventories and tight global supply, while a weaker U.S. dollar also lent support.

Malaysian palm oil futures opened lower on Monday, dragged down by lower crude oil prices, and as market participants awaited February output data due later in the day.

The S&P/TSX Venture Composite Index (INDEXTSI:JX) saw a modest gain of 4.14 points last week to close at 575.74.The Bank of Canada announced this past Wednesday (March 6) that it will be maintaining its benchmark overnight rate at 5 percent. The bank said it reached its decision based on a consumer price index that was easing but continued to remain elevated at 2.9 percent. It also noted that the economy had grown in the fourth quarter of 2023 with the GDP increasing by 1 percent after a modest 0.5 percent contraction in the third quarter. South of the border, the US Department of Labor released its latest jobs data this past Friday (March 8), indicated 275,000 jobs were added to the labor force in February, higher than the 200,000 predicted by economists. The strong figures bolstered analysts’ predictions for a June rate cut, with some predicting a 1 percent reduction by the end of 2024. Following the announcement the gold spot price surged toward the US$2,200 per ounce mark, continuing an upward trend of record-setting pricing that began earlier in the week when gold closed above the US$2,100 mark on Monday (March 4).The rally led some analysts to believe that new money was entering into the market ahead of easing interest rates by the Federal Reserve expected in the second quarter of the year. Has this surge in gold prices had an effect on the small cap gold stocks on the TSXV? Here are the top 5 mining stocks making gains this past week. 1. Eminent Gold (TSXV:EMNT) Weekly gain: 54.05 percent; market cap: C$11.43 million; current share price: C$0.285Eminent Gold is a gold exploration company focused on two projects in Nevada, US.Its Gilbert South project is located within the Gilbert District, which has hosted historical production since the early 1900s. It consists of 129 claims over an area of 1,070 hectares. To date, Eminent has not conducted any drill programs at Gilbert, but a June 2022 technical report shows that 362 rock samples collected by the company yielded up to 143 parts per million gold, while 826 soil samples collected had up to 700 parts per billion gold (ppb).The company is also working on its Hot Springs Range project, located in Northern Nevada. The site consists of 419 federal lode claims and covers an area of 3,600 hectares. The company has conducted limited exploration at the site, collecting soil samples with grades of up to 16.67 ppb gold as reported in a June 2022 technical report. Shares of Eminent were up over 50 percent this past week; however, the company has not released news in 2024. Buy now , 2. Goldshore Resources (TSXV:GSHR) {"@context":"http://schema.org","@type":"Corporation","name":"Goldshore Resources Inc.","url":"https://www.goldshoreresources.com","description":"Goldshore Resources Inc is a Canadian company engaged into the business of gold exploration. It's main operating segment is in Canada .The company owns the Moss Lake Gold Project located in Ontario.","tickerSymbol":"TSXV:GSHR","sameAs":[],"image":"https://investingnews.com/media-library/image.gif?id=29648020&width=980","logo":"https://investingnews.com/media-library/image.gif?id=29648020&width=210"} Company Profile Weekly gain: 50 percent; market cap: C$32.85 million; current share price: C$0.135Goldshore Resources is an exploration company focused on its flagship Moss gold project in Western Ontario, Canada. Historic prospecting from the late 1800s to the 1950s resulted in multiple high-grade discoveries and limited mining. More extensive exploration started at the Snodgrass lake prospect in the 1970s when it was under ownership of Falconbridge. Exploration was continued by various companies up until the 2000s, Goldshore acquired the property in 2021 from Wesdome Gold (TSX:WDO,OTCQX:WDOFF). On February 6, the company released its mineral resource estimate for Moss, reporting indicated quantities of 1.54 million ounces of gold with grading of 1.23 grams per metric tons (g/t) from 38.96 million metric tons (MT) and an inferred estimate of 5.2 million ounces of gold with grading of 1.11 g/t from 146.24 million MT.Goldshore’s most recent news came this past Wednesday, when it announced that CEO and Director Brett A. Richards will be transitioning to an interim CEO position while maintaining his seat on the company board. Buy now , 3. Atico Mining (TSXV:ATY) {"@context":"http://schema.org","@type":"Corporation","name":"Atico Mining","url":"http://aticomining.com","description":"Developing Highly Prospective Gold-Copper VMS Assets in Latin America","tickerSymbol":"TSXV:ATY","sameAs":["https://twitter.com/AticoAty"],"image":"https://investingnews.com/media-library/atico-mining.jpg?id=27864447&width=980","logo":"https://investingnews.com/media-library/atico-mining.jpg?id=27864447&width=210"} Press Releases Company Profile Weekly gain: 50 percent; market cap: C$19.41 million; current share price: C$0.18Atico Mining is a copper and gold development and mining company focused on assets in Latin America. Its flagship property is the El Roble mine in Carmen de Atrato, Colombia. The site consists of an operating underground mine that has processed 3.5 million metric tons (MT) copper and gold ore over a two decade period and has a 1,000 MT per day capacity. Reported mineral reserves from a September 2021 technical report show proven and probable quantities of 1 million MT of ore grading of 3.02 percent copper and 1.76 grams per MT(g/t) gold. The company also owns the La Plata project located near Santo Domingo, Ecuador. The project is still in the pre-development stage. A technical report from July 2019 indicates that historic exploration at the site revealed estimated reserves of 233,200 MT with grades of 3.87 g/t gold, 43.15 g/t silver, 4.77 percent copper and 4.35 percent zinc.Shares of Atico saw gains this past week following a news release on Tuesday (March 5). The company signed an investment agreement with the government of Ecuador to develop its La Plata project. The agreement represents a funding package of US$157 million, and according to Atico will see the Ecuadorian state commit to assist and expedite the progress of the project and facilitate approvals, licenses and permits. Buy now , 4. Giga Metals (TSXV:GIGA) {"@context":"http://schema.org","@type":"Corporation","name":"Giga Metals Corporation","url":"https://www.gigametals.com","description":"Giga Metals Corp is engaged in the acquisition and exploration of mineral properties in Canada. The company is focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. It is developing the Turnagain deposit, a giant nickel sulphide deposit in north-central British Columbia, Canada.","tickerSymbol":"TSXV:GIGA","sameAs":[],"image":"https://investingnews.com/media-library/image.gif?id=31184904&width=980","logo":"https://investingnews.com/media-library/image.gif?id=31184904&width=210"} Company Profile Weekly gain: 50 percent; market cap: C$16.15 million; current share price: C$0.18Giga Metals is a base metals development company focused on its Turnagain nickel project located in Northern BC, Canada. Giga Metals has 85 percent ownership of the project, with the remaining 15 percent owned by Mitsubishi (TSE:8058). A prefeasibility study released in October 2023 shows proven and probable reserves of 1.95 million MT of nickel, 121,000 MT of cobalt, 727,000 ounces of palladium and 739,000 ounces of platinum. The company estimates that Turnagain will produce 37,288 MT per year of nickel and cobalt over a 30 year period.Shares of the company were up 50 percent this past week, but it has not released news in 2024. Buy now , 5.Turmalina Metals (TSXV:TBX) {"@context":"http://schema.org","@type":"Corporation","name":"Turmalina Metals","url":"https://investingnews.com/stocks/tsxv-tbx/turmalina-metals/","description":"Turmalina Metals Corp is a mineral resource company.","tickerSymbol":"TSXV:TBX","sameAs":[],"image":"https://investingnews.com/media-library/image.jpg?id=49818369&width=980","logo":"https://investingnews.com/media-library/image.jpg?id=49818369&width=210"} Company Profile Weekly gain: 47.37 percent; market cap: C$10.53 million; current share price: C$0.14Turmalina Metals is a gold, silver and copper exploration company that is currently developing a portfolio of projects in South America. Its primary site is the San Francisco project located in San Juan, Argentina. The asset covers 40,340 hectares and contains seven priority targets. The company also owns the Chanape project in Huarochiri, Peru. It comprises a 677 hectare land package and hosts copper, gold and silver mineralization. To date the site has undergone approximately 15 kilometers of drilling, including more than 12 kilometers of historic drilling. Shares of Turmalina saw gains this past week following a news release on Monday, when the company arranged a C$1.5 million non-brokered private placement. The company said it would use the proceeds from the financing to satisfy ongoing costs for its properties, as well as general working capital. Buy now , FAQs for TSXV stocks ​What is the difference between the TSX and TSXV? The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, while the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange. ​How many companies are listed on the TSXV? As of September 2023, there were 1,713 companies listed on the TSXV, 953 of which were mining companies. Comparatively, the TSX was home to 1,789 companies, with 190 of those being mining companies.Together the TSX and TSXV host around 40 percent of the world’s public mining companies. ​How much does it cost to list on the TSXV? There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance. These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports. ​How do you trade on the TSXV? Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange's trading hours. Data for this 5 Top Weekly TSXV Performers article was retrieved at 1:00 p.m. PST on March 8, 2024, using TradingView's stock screener. Only companies with market capitalizations greater than C$10 million prior to the week's gains are included. Companies within the non-energy minerals and energy minerals were considered.Article by Dean Belder; FAQs by Lauren Kelly.Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

Dresses with strong silhouettes, sparkles on both women and men and a splash of Barbie-inspired pink dominated the Oscars red carpet on Sunday.