Stock Articles

UAE's Emirates Steel refinances $650 million of debt with new loan, sukuk - sources

Dec. 11, 2018, 2:17 PM / Reuters

Emirates Steel, the largest steel producer in the United Arab Emirates, has refinanced $650 million of debt with a new loan and sukuk or Islamic bond, sources close to the transaction told Reuters.The company owned by Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, raised $1.3 billion in credit facilities in 2014, due in 2022.It hired BNP Paribas to coordinate a $400...Read More

Should Weak November Payrolls Please Gold Bulls?

Dec 11, 2018 14:14 / Staff reporter

155,000. The November job gains disappointed. But the unemployment rate remained at 3.7 percent. What does it all mean for the gold market? Job Creation Disappoints, but Unemployment Rate Is Still Low U.S. nonfarm payrolls slowed down in November. The economy added just 155,000 jobs last month, following a rise of 227,000 in October (after a downward revision). Moreover, the weak headline number w...Read More

Tetra Bio-Pharma Confirms Agreements With Multiple Suppliers -- #TetraBioPharma $TBP #MedicinalMarijuana...

Tue Dec 11 14:13:40 2018 / Staff reporter

"Tetra Bio-Pharma Confirms Agreements With Multiple Suppliers -- #TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd #thc --Read the News Release here: https://t.co/d0Cn4we0aY"Read full newsRead More

West McArthur JV sets aside $2.4m for 2019 drilling, geophysics

Dec. 11, 2018, 2:07 PM / Canadian Mining Journal Staff

SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More

West McArthur JV sets aside $2.4m for 2019 drilling, geophysics

Dec. 11, 2018, 2:07 PM / Canadian Mining Journal Staff

SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More

West McArthur JV sets aside $2.4m for 2019 drilling, geophysics

Dec. 11, 2018, 2:07 PM / Canadian Mining Journal Staff

SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More

Analyst: This Blue Chip Could Soar 20%

Dec 11, 2018 2:02 PM / Lillian Currens

The tech concern has found support at its 200-day moving averageShares of Cisco Systems, Inc. (NASDAQ:CSCO) are up 0.7% to trade at $47.20, after analysts at Wolfe Research initiated coverage with an "outperform" rating and a $56 price target -- representing expected upside of about 20% to Monday's close, and in territory not charted since 2000. This follows yesterday's win when CSCO -- along wit...Read More

Kirkland Lake Gold forecasts 10-15% production growth

Dec. 11, 2018, 1:57 PM / Northern Miner Staff

Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% each year over the next three years with consolidated output of 740,000-800,000 ounces of gold next year, 850,000-910,000 ounces in 2020 and 945,000-1.05 million ounces in 2021.Production growth in 2019 will be driven by its Fosterville mine in Australia, 20 km from Bendigo in the state of Victoria. Fosterville is forecas...Read More

Kirkland Lake Gold forecasts 10-15% production growth

Dec. 11, 2018, 1:57 PM / Northern Miner Staff

Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% each year over the next three years with consolidated output of 740,000-800,000 ounces of gold next year, 850,000-910,000 ounces in 2020 and 945,000-1.05 million ounces in 2021.Production growth in 2019 will be driven by its Fosterville mine in Australia, 20 km from Bendigo in the state of Victoria. Fosterville is forecas...Read More

Kirkland Lake Gold forecasts 10-15% production growth

Dec. 11, 2018, 1:57 PM / Northern Miner Staff

Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% each year over the next three years with consolidated output of 740,000-800,000 ounces of gold next year, 850,000-910,000 ounces in 2020 and 945,000-1.05 million ounces in 2021.Production growth in 2019 will be driven by its Fosterville mine in Australia, 20 km from Bendigo in the state of Victoria. Fosterville is forecas...Read More

Kirkland Lake Gold forecasts 10-15% production growth

Dec. 11, 2018, 1:57 PM / Northern Miner Staff

Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% each year over the next three years with consolidated output of 740,000-800,000 ounces of gold next year, 850,000-910,000 ounces in 2020 and 945,000-1.05 million ounces in 2021.Production growth in 2019 will be driven by its Fosterville mine in Australia, 20 km from Bendigo in the state of Victoria. Fosterville is forecas...Read More

Searchlight Announces Private Placement Financing

Tue Dec 11 13:31:01 2018 / Staff reporter

Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More

Fremont Appoints Douglas Hurst to Advisory Board @Fremont_Gold

Tue Dec 11 13:18:02 2018 / Fremont Gold

Fremont Gold (TSXV:FRE) (Read full newsRead More

Zambia's chamber of mines sees 21,000 job cuts due to higher taxes

Dec. 11, 2018, 1:17 PM / Reuters

* Government plans higher taxes in January* Additional revenue to help bring down mounting debtLUSAKA - Mining companies in Zambia may lay off more than 21,000 workers due to reduced capital expenditure over the next three years if the government introduces higher taxes in January, an industry body said on Tuesday.Africa's No.2 copper producer plans to introduce new mining duties, replace Value Ad...Read More

With Huge Gains Despite Volatility, the Lithium Market is Still on a Tear

Dec 11, 2018 1:12 PM / The Trading Letter Sponsored

U.S. production of lithium is set to increase 1,300% in the next 2 years.Who wouldn't be happy with 614% gains in a very short amount of time?Well that's what one lithium mining stock did in just under 12 months. But only Australians could reap the rewards of that slam-dunk.Until now that is. The very same "secret sauce" that led to that stock's meteoric rise is now being implemented here in Ameri...Read More

Amarc to drill Joy copper-gold project in BC

Dec. 11, 2018, 12:53 PM / Northern Miner Staff

Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More

Amarc to drill Joy copper-gold project in BC

Dec. 11, 2018, 12:53 PM / Northern Miner Staff

Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More

Amarc to drill Joy copper-gold project in BC

Dec. 11, 2018, 12:53 PM / Northern Miner Staff

Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More

Amarc to drill Joy copper-gold project in BC

Dec. 11, 2018, 12:53 PM / Northern Miner Staff

Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More

MICROMINE sets new standard

Dec. 11, 2018, 12:23 PM / MICROMINE

MICROMINE has joined an elite group of mining software and machinery providers to offer technology solutions integrated with the International Rock Excavation Data Exchange Standard (IREDES).The global mining software provider headquartered in Western Australia, is among nine companies globally to integrate its products with IREDES, which was developed by industry, for industry, to streamline data...Read More

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