"$PPG - PPG Industries, Inc. (PPG) CEO Michael McGarry on Q4 2019 Results - Earnings Call Transcript. Keep reading: https://t.co/36qaSHDlC1 #investing #markets #business"Read full newsRead More
"$BK - The Bank of New York Mellon Corporation (BK) CEO Todd Gibbons on Q4 2019 Results - Earnings Call Transcript. Read more and get updates on any stock! https://t.co/I2CnDcj3z1 #stockmarket #finance #economy"Read full newsRead More
"$TSLA - Even Bulls Are Selling Tesla At A $90 Billion Market Cap. Read more and sign up for updates: https://t.co/NCYjP3aUOM #investing #finance #trading"Read full newsRead More
Global miners will have to get ready to deal with the increasing threat from civil unrest, following last year's succession of dramatic - and in several cases unforeseen - social explosions in almost 50 countries, including highly popular mining jurisdictions, such as Chile, Mali, Guinea, Congo and Zimbabwe.According to risk consultancy Verisk Maplecroft's quarterly civil unrest index, turmoil wil...Read More
If you want to make beat the market (we’re talking the S&P 500, not the TSX Index which is trivial to beat!), you’re going to have to adopt a contrarian mindset. You’ve probably heard this Warren Buffett quote ad nauseam, but I’m going to drive it home it again because it’s one of the most straightforward tips to forget when you’re caught up in the heat of t...Read More
Steel industry future so bright I gotta wear shades. Image:junrong / Shutterstock.com Benchmark iron ore prices climbed on Friday after economic data showed the country's steelmakers produced just shy of 1 billion tonnes in 2019, the second record-breaking year in a row.The Chinese import price of 62% Fe content ore advanced to $97.58 per dry metric tonne, according to Fastmarkets MB, a 6-month h...Read More
Eagle Mountain gold project in Guyana - Image courtesy of Goldsource Mines Goldsource Mines (TSXV: GXS) on Friday provided a summary of its highlights and accomplishments over the past year and presented an outlook for 2020.In 2019, the company made a new discovery at the Salbora deposit, which was considered the highest-grade (weighted average of 2.58 g/t) near-surface gold mineralization on the...Read More
Wingdam gold project, British Columbia. Image from Omineca. Omineca Mining and Metals (TSX-V: OMM) announced Friday that it has staked an additional 36,000 hectares of mineral claims at Wingdam, British Columbia. Omineca now holds 100% ownership of over 39,000 contiguous hectares at its Wingdam project, in addition to the placer claims comprising the Wingdam underground alluvial gold r...Read More
A haul road under development at the Santana gold project. Image from Minera Alamos. Minera Alamos (TSXV: MAI) has started construction of its Santana open-pit heap leach mine in Sonora state and expects to transition from a developer to gold producer this year.Between now and then it plans to complete a maiden resource for the project."The Santana gold project does not have a completed feasibil...Read More
Tailings dams are the most common waste disposal methods for mining companies, whether they're extracting iron ore, gold or copper.However, a third of the world's tailings dams are at high risk of causing catastrophic damage to nearby communities if they crumble, according to data compiled by Reuters.A year ago, more than 240 people died in Brazil when a Vale-owned tailings dam collapsed, leading...Read More
Gemfields' main producing assets are the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. The company has a controlling interest in other mining and prospecting licences in Ethiopia and Madagascar.The company said its reason for listing was to get access to greater liquidity and international investors."The AIM listing will provide Gemfields with access to much greater marke...Read More
The mine produced just under 13 million carats in 2019, down 8%, with lower grades partially offset by an increase in mining and processing rates.Rio Tinto has dropped global diamond guidance for 2020 to 12-14Mct from 17Mct produced last year.It said Argyle would close in the fourth quarter of this year.The date was the best-case scenario for the depleting mine, with Rio previously flagging this y...Read More
Today is Friday, January 17, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,561.45. It's up 0.57% from yesterday and up 20....Read More
Today is Friday, January 17, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Helmerich & Payne (NYSE: HP), ConocoPhillips (NYSE: COP), and Viper Energy Partners LP (NASDAQ: VNOM).Helmerich & Payne (NYSE: HP)Helmerich & Payne (NYSE: HP) is a $4.943 billion company today with a one-year return of -14.46%. Let's look at its price-to-earnings (P/E) ratio, its...Read More
Cash is dying as a payment system. And I say, "good riddance."Today, cash is used in less than 30% of U.S. transactions - that's about half as much as it was used just 10 years ago. And within the next 15 years, it's expected that cash will be used in only 10% of transactions.The main reason for this is, of course, convenience. There is no conspiracy to eliminate cash in some nefarious effort to s...Read More
Minera Alamos (TSXV: MAI) has started construction of its Santana open-pit heap leach mine in Sonora state and expects to transition from a developer to gold producer this year."This is a big year for us," Doug Ramshaw, the company's president, tells The Northern Miner. "There's probably only going to be six or seven new gold producers this year, which is a pretty exclusive club we're going to joi...Read More
Rio Tinto's (NYSE: RIO) iconic Argyle mine in remote Western Australia, the world's biggest and the main global source of high-quality pink diamonds, will close in the fourth quarter of this year, potentially pushing prices up and spurring exploration.The planned closure, the company said, will impact its total diamond output for the year. Rio now expects to produce between 12 and 14 million carat...Read More
"Thou, Trivia, goddess, aid my song: Through spacious streets conduct thy bard along."- Logan Pearsall SmithYes, I'm highbrow enough to quote Oxford-trained essayists. I'm also lowbrow enough to have spent many years watching stupid television shows. That's also why I'll be the first to admit that I love Jeopardy. It's the best of both worlds...I lived and breathed Jeopardy as a child. I watched r...Read More
"$HCA - HCA Healthcare Acquires Valify For Spend Optimization Tech. Follow this and any other stock on Seeking Alpha! https://t.co/3LnTW1dJL8 #stockmarket #business #markets"Read full newsRead More
"It's Lonely In Shortsville, Sentiment Is Very Optimistic: I'm Not Covering Yet, Here's Why. Keep reading: https://t.co/1C77wCblpf #investing #economy #stockmarket"Read full newsRead More