Saturday, April 27, 2024

Resource Stocks

Resource stocks can be an important part of an investment portfolio. These are basically companies extracting and processing oil and gas and various minerals. Major minerals are copper, iron, aluminum, nickel, zinc, lead and uranium, plus the precious metals: gold, silver, platinum and palladium.

Oil & Gas (integrated): Chevron (CVX), Exxon Mobile (XOM), Imperial Oil (IMO), Suncor (SU)

Oil & Gas (extraction): Tourmaline (TOU), Arc Resources (ARX), Tamarack Valley (TVE), Baytex (BTE)

Oil & Gas (royalty): Topaz (TPZ), Freehold Royalties (FRU)

Gold & Silver: Newmont (NEM), Barrick (ABX), Agnico-Eagle (AEM)

Minerals (various): Anglo American (AAL), BHP Group (BHP), Glencore (GLEN), Teck Resources (TECK.B), Rio Tinto (RIO)


Minerals Specialized

Coal: Alliance Resource Partners (ARLP), Stanmore Resources (SMR.AX), Yancoal (YAL.AX)

Copper: Freeport McMoRan (FCX)

Uranium: Cameco (CCO)


Resource ETFs

Silver: Sprott Physical Silver Trust (U.UN, GlobalX Silver Miners (SIL), iShares Silver Trust (SLV)

Uranium: Sprott Physical Uranium Trust (U.UN)

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Eric Nuttall

Investment manager for Nine Point Partners, Eric has in-depth knowledge of the oil and gas business. His April 16, 2025 appearance on BNN Bl...