Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,455.73, up 34.97 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down nine cents, or 1.30 per cent, to $6.85 on 14.9 million shares.New Gold Inc. (TSX:NGD). Miner. Down 49 cents, or 20.59 per cent, to $1.89 on 9.9 million shares.Crescent Point Energy (TSX:CPG). Oil and gas. Down 44 cen...Read More
ST. JOHN'S, N.L. - Newfoundland and Labrador is a major step closer to developing its deepest offshore oil site at Bay du Nord.Premier Dwight Ball announced an agreement on Thursday with Equinor Canada, for a project expected to deliver its first oil by 2025, with an estimated operating cost of $10.9 billion.Ball called it a "new frontier" in the province's oil and gas industry."The future of our...Read More
CALGARY - Precision Drilling Corp. had a $47.2-million net loss in the second quarter, 30.7 per cent bigger than the same time last year, as stock-linked compensation expenses increased.The loss amounted to 16 cents per share compared with a net loss of $36 million or 12 cents per share in the second quarter of 2017.Analysts had estimated a loss of 14 cents per share, according to Thomson Reuters...Read More
VANCOUVER - Teck Resources Ltd. says its adjusted profit attributable to shareholders rose to $653 million in the second quarter, ahead of analyst estimates.The adjusted earnings amounted to $1.12 per share on a diluted basis, up from $580 million or 99 cents per share in last year's second quarter.Analysts had estimated $1.07 per share of adjusted earnings, according to Thomson Reuters Eiko...Read More
You're going to love this one!According to SFGate.com, a California DMV employee who napped at work every day for three hours cost the state at least $40,000.Folks, I couldn't make this up if I tried.Although, in all fairness, it was Warren Buffett who once said:If you don't find a way to make money while you sleep, you will work until you die.Wise words from a wise and incredibly rich man.Cry all...Read More
My mother asked me my "expert opinion" on smoking marijuana this week.I couldn't help but chuckle.If you would have told me in high school that my mom would be asking me for marijuana advice, I would have died laughing. Over the course of my youth, she flushed more weed than pet goldfish down our family toilet.However, she wasn't asking for my advice on how to roll a joint. She was serious about t...Read More
Renewable energy will drive demand growth for copper over the coming years, according to a recent study by BMO Capital Markets."The need to connect significant numbers of small-scale, electricity-generation units into the grid provides a major boost to copper, with solar generation capacity set to triple and wind capacity set to double by 2025."Global copper demand is 30 million tonnes per year. B...Read More
NGEx Resources (TSX: NGQ) is moving ahead with a prefeasibility study on its Josemaria copper-gold porphyry deposit in Argentina's San Juan province, and believes it can wrap it up by January 2019.The deposit contains 1.07 billion indicated tonnes grading 0.31% copper, 0.22 gram gold per tonne and 1 gram silver, or a 0.44% copper equivalent grade. That translates to a contained 7.4 billion lb. c...Read More
CloseGain/LossGold $1232.00+$6.80Silver$15.60+$0.12XAU79.29+0.59%HUI171.66+0.93%GDM604.82+0.75%JSE Gold1012.89+4.86USD94.19-0.39Euro117.24+0.41Yen90.27+0.20Oil$69.30+$0.7810-Year2.960%+0.008T-Bond142.875-0.3125Dow25414.10+0.68%Nasdaq7932.24+1.17%S&P2846.07+0.91% The Metals: Gold gained $8.90 to $1234.10 in early New York trade before it fell back towards unchanged by midday, but it then ra...Read More
- South African gold production collapsed again in May - down 16%- South Africa production has collapsed 85% from 1,000 tonnes in 1970 to 145 tonnes- Long term, ongoing collapse appears to have deepened- Gold price suppression has destroyed gold mining in South Africa and rest of Africa, impacted African economies, jobs and people- 'Peak gold' or 'plateau gold' production is coming as...Read More
"#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining New Age Metals (@NewAgeMetals) (TSX.V: $NAM // OTCQB: $NMTLF) Hires Consultants to Complete PEA Study on River Valley #Platinum Group Metals (#PGM) Project ??'???'? [https://t.co/soBBqdBtje]"Read full newsRead More
Despite the double boon from higher oil prices and rising oil production, the Gulf economies are only modestly growing, and the higher oil revenues will have little impact on that growth...Read full newsRead More
"The Future of Mining Americas is delighted to confirm Steve de Jong, Chairman @IntegraResource as event agenda chairman. Join us in Denver October 29-30 #Leadership #FutureofMining #FOMAmericas https://t.co/LNXS76br4d"Read full newsRead More
Thinking of buying gold? Here are some things you need to know about physical gold as an investment before you jump into the market.Read full newsRead More
"#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews Abattis Bioceuticals (@Abattis) (CSE: $ATT // OTC: $ATTBF) Completes Investment in XLABS Therapeutics to Launch New #Cannabis Lab in Ontario [https://t.co/8Wubtug5AF]"Read full newsRead More
Barrick reported a net loss of US$94 million or 8 cents per share, and adjusted net earnings of $81 million or seven cents per share for the second quarter of 2018.Barrick (NYSE:ABX) traded down -1.18% to US$11.68 as of 5:42 p.m. EDT.Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo. The company says it remains on track to meet full-...Read More
"Positive news for transparency in #nickel pricing. @metalbulletin also provides informative pricing data on FeNi& NPI https://t.co/UUtenLgL4G"Read full newsRead More
Global aluminium production growth ground to a standstill in the first half of this year.Read full newsRead More
The Raasi Group, in partnership with the Council of Scientific & Industrial Research-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, is planning to set up a 1 GW lithium-ion baRead full newsRead More
As the Trump administration's global trade war heats up, Whirlpool Corp. is feeling the burn.Read full newsRead More