Cameco Corp Stock Forum

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,444.70, down 0.06% from previous close
● Canada's merchandise trade deficit hit $1.1B in August: Statistics Canada
● Rate cuts have 'barely' improved housing affordability: RBC economist
● Couche-Tard sweetens offer for 7-Eleven owner to $47 billion
● Cameco eyes expan...

With the market's expectation of a rate cut by the Federal Reserve, a marked uptick in gold acquisition by central banks around the globe, and enduring geopolitical conflicts in the Middle East, gold prices soared in 2024, and silver prices followed suit. Copper's value climbed as well, supported by the dual pressures of forecasted supply deficits and an escalation in demand. The rise in commodity prices in 2024 boosted ...

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper pullback from record high
•Precious metals: Gold prices dropped on hawkish Fed, US data
•Bulk commodity: Iron ore prices climbed to 3-month high on China's support measures
Spot Price Snapshot
Key Price Moves
Iron ore futures surged to a three-month high...

Gold's record-breaking rally and the continued march higher for silver and copper are fueling the rally in mining stocks and Canadian equity indices.
Precious metals extended their rally after Iranian President Ebrahim Raisi was killed in a helicopter crash, fueling uncertainty over the succession of power in the country. Investors are also piling on metals amid speculation that the U.S. Federal Reserve may start cu...

From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector.
Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...