German manufacturers took a hit in June as a slide in overseas demand knocked factory orders amid escalating trade tensions.Read full newsRead More
Gem Diamonds (LON:GEMD) revealed that the 10 rough, larger-than-100-carats diamonds that its Let??eng mine produced in the first six months of 2018 helped boost the company's sales by 43 per cent to $169.2 million.Rough stones from Let??eng, which is located in northern Lesotho, achieved an average price of $2,742 per carat, almost $700 more than last year's sale price.The highest price achieved w...Read More
Gem Diamonds (LON:GEMD) revealed that the 10 rough, larger-than-100-carats diamonds that its Let??eng mine produced in the first six months of 2018 helped boost the company's sales by 43 per cent to $169.2 million.Rough stones from Let??eng, which is located in northern Lesotho, achieved an average price of $2,742 per carat, almost $700 more than last year's sale price.The highest price achieved w...Read More
Four more cities in northeast China's Liaoning province have abandoned their pursuit of alumina projects amid public environmental concerns, after Chaoyang last week scrapped plans to build the world's biggest alumina refinery.The new cancellations - announced in recent days by the cities of Fengcheng, Fuxin, Gaizhou and Huludao - mean projects designed to produce over 18.5 million tonnes of the s...Read More
Trump's increasingly inflammatory rhetoric on trade - particularly with regard to China - has sent jitters through financial markets and caused copper and other base metals, including zinc, lead, and nickel to retreat in recent weeks. There are fears that not only could a major trade war erupt, which according to some economists could shave up to a full percentage point off global gross domestic...Read More
Lithium seems to be a bit of an unknown quantity at the moment, with news of flooded markets driving down its price. A further risk to upside in lithium stocks is a tech industry scrabbling to find alternatives to the ubiquitous alkali metal. Its list of attributes as a material are ironically close to its attributes as an investment: unstable, volatile, and potentially explosive.It's for these at...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) has pulled back from the recent highs, and investors are wondering if this is a good time to add the stock to their portfolios.Let's take a look at the current situation to see if the diversified miner is attractive right now.FinancialsTeck reported solid Q2 2018 results. Adjusted profit came in at $653 million, or $1.14 per share compared to $580 millio...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) stock rallied over 10% upon management releasing an important update during the announcement of its weak second-quarter 2018 results on July 26. The stock is holding on to some of its outperforming gains so far, up 24.6% year to date. Should investors expect further gains over the remaining months of this year?Skepticism over Cameco's stock valuation remains high...Read More
Tesla reported its Q2 numbers this past Wednesday. It reported $4 billion in revenue, up 43.4% year over year. Its net loss widened to $742 million, or $4.22 per share (some of you may have seen lower net loss and loss per share numbers but the numbers I'm using come directly from the SEC-filed 8-K, which means those are the "official" numbers).The market was excited and the stock soared because t...Read More
Scotts Miracle-Gro (NYSE: SMG) CEO Jim Hagedorn is all fired up!According to CNBC, Hagedorn was upset about disappointing financial expectations for Hawthorne Gardening, which is Scotts' cannabis subsidiary that's currently in the process of acquiring Sunlight SupplyScotts announced in April it would acquire Sunlight Supply, intending to combine it with Hawthorne in an effort to build its cannabis...Read More
Venezuela is falling apart. Two decades of socialist politics dating back to the election of the late Venezuelan President Hugo Ch??vez in 1998 have sent the economy into a tailspin.Back in the late 1990s, Ch??vez nationalized the country's farmland, manufacturing, and oil industries. At the same time, he enacted stringent capital control to stem capital flight and to prop up the Venezuelan boliva...Read More
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Sandstorm Gold Ltd. (NYSE American: SAND, TSX: SSL) is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital, and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm has acquired a portfolio of 188 royalties, of which 20 of the underlying mines are producing. While at the Sprott N...Read More
A Colorado School of Mines music professor and professor emerita of engineering are the 2018 winners of the Michael P. Malone International Leadership Award from the Association of Public and Land-grant Universities (APLU).Music Program Director Robert Klimek and Emerita Associate Professor Catherine Skokan were honored for their work to advance international education through a cross-cultural int...Read More
Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting - and highly concerning - new angle: That they impose a “stealth mortgage” on homeowners. Here's how the Wall Street Journal reported it today:The Stealth Pension Mortgage on Your HouseMost cities, counties and states have committed taxpayers t...Read More
Archaeologists confirmed that a Saudi town commonly mentioned in historical documents for hosting ancient gold and silver jewelers was actually an important mining area.Dawadmi, located in the central Riyadh province, is presumed to have been a hub from where mining products were exported 1,200 years ago.The most recent excavations at the site revealed the existence of infrastructure from the earl...Read More
Archaeologists confirmed that a Saudi town commonly mentioned in historical documents for hosting ancient gold and silver jewelers was actually an important mining area.Dawadmi, located in the central Riyadh province, is presumed to have been a hub from where mining products were exported 1,200 years ago.The most recent excavations at the site revealed the existence of infrastructure from the earl...Read More
Researchers at the National High Magnetic Field Laboratory in Florida have discovered a behavior in materials called cuprates that suggests they carry current in a way entirely different from conventional metals such as copper.Also known as "strange metals," cuprates are high-temperature superconductors that can carry current without any loss of energy at somewhat warmer temperatures than conventi...Read More
FMC Corp, which is spinning off its lithium division as a publicly traded company later this year, said on Thursday that prices for the light metal co..Read full newsRead More
Here is more detailed look at the Tesla Model 3 and closest competitors in the segment in U.S. In July Model 3 outperformed the rest of automotive industry.Read full newsRead More