Bob Moriarty of 321 Gold provides an update on a company with a past-producing gold mine in California. Rise Gold was the subject of a piece by me back in early 2017. Anyone interested in the company should read the piece. The purchase by the company of the Idaho-Maryland gold mine for $2 million was an extraordinary deal for Rise.Rise just released the most interesting results. Remember, this is...Read More
A BMO Capital Markets report discussed this gold company's 2019 production guidance and the potential impact of greater capacity. In a March 13 research note, analyst Andrew Mikitchook reported that BMO Capital Markets increased its target price on Wesdome Gold Mines Ltd. (WDO:TSX) to CA$6 per share from CA$4.75 on news of a potential throughput increase at its Eagle mine. The Outperform-rated st...Read More
Knox Henderson explains why he believes Terraco Gold, with two big catalysts coming and a royalty in a large Nevada gold deposit, should be trading at three times its current share price...at the very least. The beauty of running a private equity (PE) firm is the "private" component. So, in late 2015 when a subsidiary of PE firm Waterton acquires the 5.1-million-ounce Spring Valley gold deposit...Read More
Matt Gili, CEO of Nevada Copper, talks with Maurice Jackson of Proven and Probable about his company's progress toward beginning copper production by the end of the year. Pumpkin HollowMaurice Jackson: Joining us for a conversation is Matt Gili, president, CEO and director of Nevada Copper Corp. (NCU:TSX), which is on target to U.S. copper production by Q4 2019. Nevada Copper has a number of succ...Read More
The U.S. Treasury on Tuesday imposed sanctions on Venezuela's Minerven state gold mining company which it says illicitly props up the regime of President Nicolas Maduro.Minerven, whose full name is Compania General de Mineria de Venezuela CA, and its president, Adrian Antonio Perdomo Mata, are now designated under the Office of Foreign Assets Control, or OFAC, the Treasury Department said. The com...Read More
* Sentiment reading rises far more than expected * Possible Brexit delay, progress on U.S.-Sino trade talkshelp * But ZEW still sees weak German growth in H1 * Germany narrowly avoided recession in late 2018 (Adds background)BERLIN, March 19 (Reuters) - The mood among German investorsimproved by much more than expected in March, a survey by theZEW research institute showed on Tuesday, as a potenti...Read More
Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.Local opposition and red tape are hindering plans to become a mining superpower that can rival other South American nations. Less than two years ago the government hoped mining would become 4 percent of Ecuador's gross domestic product by the end of Presid...Read More
One of the first things to become apparent as I began reading about the deadly crash of Ethiopian Airlines' Boeing 737 MAX 8 plane on March 10th, was the fact that nobody seemed to trust U.S. authorities.Continue...Read More
Chilean miner Antofagasta Plc. (LON: ANTO) expects the anticipated global copper deficit to hit between 100,000 and 300,000 tonnes this year as consumption growth remains positive, but production increases are minimal.Releasing the company's annual results, chief executive Iv??n Arriagada also revealed that the first phase of a planned expansion at its flagship Los Pelambres copper mine had been a...Read More
A report published by Deloitte Access Economics reveals that Australian mining companies paid A$30.6 billion in company tax and royalties in 2017-18 - the equivalent of all Federal Government spending on Australian schools, universities and vocational training.According to the report, the dollar amount paid in company taxes over the past couple of years surpasses that of 2011-12, which was the pea...Read More
Granada Gold Mine (TSXV: GGM) reported that it attained higher grades after running a preliminary gravity separation study on lower-grade, gold-bearing rock from its Granada Gold project in Rouyn-Noranda, Quebec.In a media statement, Granada said that the higher grades attained during the tests may have implications for the grade of future mill feed, the size of the gold deposit, and the costs ass...Read More
* FTSE 100 stretches winning streak to seven sessions * FTSE 250 up 0.3 pct * Oil, miners boost main index * Ocado shrugs off Andover fire to hit life high * Antofagasta rises on higher-than-expected dividend payout (Adds news items, updates to closing prices)By Shashwat Awasthi and Yadarisa ShabongMarch 19 (Reuters) - Britain's FTSE 100 extended its winningstreak to seven sessions on Tuesday as m...Read More
President Trump said trade talks were going well, thoughThe Dow was up 195 points at its session peak, but erased these gains by the close after Bloomberg News suggested some U.S. officials are concerned China could have second thoughts on certain trade concessions. This offset assurances from President Donald Trump that, "Talks with China are going very well," given at a press conference earlier...Read More
GES has seen long-term support at the 360-day moving averageRetail giant Guess?, Inc. (NYSE:GES) is down 1.5% at $22.50 at last check, moving lower as investors gear up for the company's fourth-quarter report, which is slated for after the close tomorrow, March 20. Below we will dive into the options market's outlook on the stock's post-earnings move, and take a look at how the retailer has been...Read More
The shares have already had a big yearSoftware stock Five9 Inc (NASDAQ:FIVN) has been a steady climber from the past year, adding roughly 74% in the past 12 months. The shares have been consolidating near their all-time highs, recently finding a floor atop their earnings day low from February, right above the 50-day moving average. As such, it could be a good time to get behind this outperformer a...Read More
Analysts maintain 100% "buy" ratings on each stockAnalyst sentiment is bullish toward FAANG stock Amazon.com, Inc. (NASDAQ:AMZN), oil major Marathon Petroleum Corp (NYSE:MPC), and electronics measurements specialist Keysight Technologies Inc (NYSE:KEYS), with FactSet data showing 100% "buy" ratings for each of these equities. Here's a closer look at how the shares of AMZN, MPC, and KEYS have perfo...Read More
New Age Beverages gave a 2019 forecast that exceeded expectationsThe Dow is heading toward its fifth straight win ahead of tomorrow's Fed announcement. Among stocks making particular noise today are CBD drink specialist New Age Beverages Corp (NASDAQ:NBEV), meal delivery firm GrubHub Inc (NYSE:GRUB), and drugmaker Vaxart Inc (NASDAQ:VXRT). Here's a quick look at what's got the shares of NBEV, GRUB...Read More
HUN just sounded a bullish signal on the chartsChemical manufacturer Huntsman Corporation (NYSE:HUN) has been the recipient of analyst attention of late, with RBC cutting its price target to $27 from $28 overnight after the company updated its outlook for the first quarter. As such, the stock is down 0.5% at $22.35 -- pacing toward a fourth straight loss. However, the security has now pulled back...Read More
Brazil's Vale has obtained a court order allowing it to restart port activities at its Gua?-ba Island Terminal, it said late on Monday March 18.The iron ore miner had suspended port activities at the terminal earlier this month on orders of the Mangaratiba city government."Following the court decision, Mangaratiba City Hall authorities lifted the interdiction. Vale reaffirms that it has all valid...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More