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Delayed Toronto Stock Exchange  -  05/20 04:00:00 pm EDT
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05/20Gold Edges Up on Weaker Bond Yields as Stock Markets Steady
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Temas Resources Corp Could Become the Biggest Commodities Breakout of 2022 (GOLD, BHP, EQX, VALE, TMASF)

01/20/2022 | 05:47am EDT

Barrick Gold (NYSE:GOLD), BHP Group (NYSE:BHP), Rio Tinto (NYSE:RIO), Temas Resources Corp. (OTCMKTS:TMASF), Equinox Gold Corp. (NYSEAMERICAN:EQX), Vale (NYSE:VALE) are top mining stocks worth taking note and here's why

January has been quite a rollercoaster for Wall Street. However, with increased vaccination rates, coronavirus could soon be the talk of the past. Further, people are learning to live with it and adaptation seems to be key. One sector that is starting to pick up pace in our opinion is the mining sector. There is no doubt that mining projects have long lead times required for project completion but the ones that are ahead in the race need attention from Wall Street. Companies with low production costs are the most profitable and least likely to rely heavily on debt to fund growth. Let's take a look at some of the leaders in the mining space and a new small-cap company that could very well be the talk on Wall Street.

Barrick Gold (NYSE:GOLD), BHP Group (NYSE:BHP) , Rio Tinto (NYSE:RIO), Temas Resources Corp. (OTCMKTS:TMASF), Equinox Gold Corp. (NYSEAMERICAN:EQX), Vale (NYSE:VALE) are top mining stocks worth taking note and here's why:

Barrick Gold (NYSE:GOLD) specializes in gold and copper mining. It is one of the largest gold miners in the world, with operations in more than a dozen countries. It's also a leading copper producer. Barrick continues to make money during periods of lower price due to its low low-cost gold and steady production of copper. BHP Group (NYSE:BHP) on the other hand is a leader in Diversified mining as well as oil and gas production while Rio Tinto (NYSE:RIO) is ahead of the race in Industrial metals mining. BHP Group on Monday announced that it planned to purchase four battery-electric trains to deliver iron ore from its mines to ports in Western Australia, as miners in the country push to fall in line with their emission goals.

Let's take a look at a small-cap mining company Temas Resources Corp. (OTCQB: TMASF) that is making huge strides in development based on recent press releases. There are too many bullish signs to count for this small company. It really could potentially profit from a higher percentage of global commerce than many other companies out there. Temas Resources is an exciting mining and technology company focusing on environmentally friendly mineral processing technology. It has a long-term goal to move from a producer to a royalty and licensing company.

Temas received irrevocable right and option to earn up to a 50% undivided interest in its Piskanja Borate Project (the "Property") located in Serbia. "With all approvals in place we are excited to be able to move forward on the Piskanja Project," said Michael Dehn, President, and CEO of Temas Resources. "Having a cooperative team between Erin Ventures and Temas Resources with a common goal of success for all stakeholders in the companies and the Property should provide benefits to shareholders, local communities, and several levels of governments. Next steps of the work program with the goal of developing a Preliminary Economic Assessment (PEA) will be announced in the coming weeks."

Back in July 2021, TMASF announced that it has engaged Process Research Ortech Inc. ("PRO") to complete pilot plant testing for Titanium Dioxide (TiO2), Vanadium Pentoxide (V2O5), and Magnetite (Fe2O3) production using the ORF Process for TiO2 extraction, an effective and economically viable process for the recovery of titanium dioxide and other metal oxides from the La Blache deposit. Temas owns 100% of the Fe-Ti-V Project, and 50% of ORF Technologies. In September 2021, Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF, FSE: 26P) announced that it has completed the acquisition of 36 mineral claims in Quebec, the Lac Brule property; 35 claims by staking, and by purchasing one claim. The total cost for staking and acquisition was less than $50,000 in cash and shares.

The company's Piskanja Boron Project provides potential access to a treasure trove of Boron that could transform global industries worth trillions in our opinion. Once mining operations begin by 2024, this could be the only functioning Boron mine in the EU. With no long-term debt and heavy insider buying, Temas is a major standout in the junior mining sector. It is particularly active with a laser-like focus on constantly looking for ways to increase shareholder value.

Chief Executive Officer Michael Dehn emphasizes, "We don't want to do things the traditional way." Dehn continues, "Instead of blindly going forward with how things are always done, look for the opportunity that's going to give you a quicker return on your investment but also leave a smaller environmental footprint."

Key Highlights:

TMAS is Riding The Shoulders of Eco-Friendly Patents and Skyrocketing Efficiencies. In late January this year, the company shook up the world and acquired a significant stake in ORF Technologies. This earth-shaking acquisition could do so much more than just add an exciting new strategic dimension to Temas, though. It could support Temas' access to patented, cost-efficient, and eco-friendly processes for extracting, separating, and recovering nickel, iron, gold, and titanium dioxide. Additionally, the ongoing development of new patents for the extraction and recovery of rare earth elements and zinc is expected to be completed in 2021.

Iron Ore is the Slam-Dunk of Minerals for 2021 and Beyond. According to Goldman Sachs, iron ore has been in a bull market for more than two years, and it's not about to end soon. "It would be wrong to say that the bull market for iron ore, you know, is on the cusp of ending," said Nicholas Snowdon, head of base metals and bulks research at the investment bank.

TMAS could be just getting started. Trading at a mere $0.1242, TMAS seems to be highly undervalued. For more news about TMAF, visit https://finance.yahoo.com/quote/TMASF/

This recent video interview of the CEO highlights why with increased demand on the horizon this company is extremely well-positioned to be a major catalyst for the transition to greener and more sustainable mining practices. Visit https://youtu.be/A9RJ4Utg1ks. As always follow traders vigilance and conduct your own due diligence.

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Stocks mentioned in the article
ChangeLast1st jan.
BARRICK GOLD CORPORATION 0.34% 26.65 Delayed Quote.10.81%
BHP GROUP LIMITED -0.06% 47.8 Delayed Quote.15.25%
EQUINOX GOLD CORP. -0.66% 7.47 Delayed Quote.-12.73%
RIO TINTO PLC -0.63% 5525 Delayed Quote.13.70%
TEMAS RESOURCES CORP. -10.53% 0.085 Delayed Quote.-54.05%
VALE S.A. 2.04% 82.92 Delayed Quote.4.23%
05/20Gold Edges Up on Weaker Bond Yields as Stock Markets Steady
05/20August Gold Contract Closes Up US$0.60; Settles at US$1,848.40 per Ounce
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05/19August Gold Contract Closes Up US$25.40; Settles at US$1,847.80 per Ounce
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Sales 2022 12 131 M - -
Net income 2022 2 041 M - -
Net cash 2022 804 M - -
P/E ratio 2022 15,8x
Yield 2022 3,72%
Capitalization 36 936 M 37 122 M -
EV / Sales 2022 2,98x
EV / Sales 2023 2,80x
Nbr of Employees 17 500
Free-Float 99,4%
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Number of Analysts 24
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Average target price 27,99 $
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Dennis Mark Bristow President, CEO & Non-Independent Director
Graham Patrick Shuttleworth Chief Financial Officer
John Lawson Thornton Co-Chairman
Gustavo A. Cisneros Independent Director
Joseph Brett Harvey Lead Independent Director
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