Dean Belder

3 weeks ago | nasdaq.com | Dean Belder |Lauren Kelly

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector. Statistics Canada reported on Friday (May 30) that real gross domestic product (GDP) gained 0.5 percent during the first quarter of 2025. Even on a per capita basis, real GDP posted a strong 0.4 percent increase.

2 months ago | investingnews.com | Dean Belder |Melissa Pistilli

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2 months ago | investingnews.com | Dean Belder |Lauren Kelly |Giann Liguid

The largest contributor to the easing figures was a 3.3 percent year-over-year decline in energy prices, with gasoline leading the way, falling 9.8 percent. Core CPI less food and energy was down 2.8 percent year-over-year. The drop in oil prices occurred as OPEC+ output increased to eight-month highs in March. Several OPEC+ countries exceeded their output quotas for the month, with Kazakhstan being the largest overproducer.

2 months ago | investingnews.com | Dean Belder |Lauren Kelly |Giann Liguid |Melissa Pistilli

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,580 boepd, including natural gas sales of 14.5 MMcfpd, associated natural gas liquids sales from condensate of 146 bopd and oil sales of 12 bopd, based on field estimates, bringing our average daily sales volumes to 2,446 boepd in Q1 2025, up 41% from Q4 2024.

2 months ago | investingnews.com | Diana Fernandez |Diana Fernández |Melissa Pistilli |Dean Belder

Supply is expected to outflank demand over the short term, but the longer-term outlook for the metal is strong. Demand from the electric vehicle (EV) industry is one reason nickel's outlook looks bright further into the future. Battery nickel demand is poised to triple by 2030, according to Benchmark Mineral Intelligence.