OceanaGold Corp's. (TSX: OGC; ASX: OGC) stock was up 5.4% on Tuesday after reporting annual revenue in 2018 of $773 million and net profit before unrealised gains or losses on undesignated hedges of $124 million.Earnings before interest, tax, depreciation and amortization (EBIDTA) came in at $364 million.The company generated about $121 million in free cash flow, $346 million in operating cash f...Read More
"Gabriella's Kitchen (@gabriellaskitch) (#CSE: $GABY) Forms JV with Eximius Coffee to Introduce #Cannabis and #CBD-Infused Ready to Drink Cold Brew Coffee and Pods [https://t.co/RgpzrXa1sv]#investing #stocks #stockmarket #trading #investors #news #business #investments"Read full newsRead More
"Tetra Bio Pharma (TBP-V) -- The Hemp Energy Drink arrives in store! --#TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd #thc -- Read the News Release here: https://t.co/Zy0R8krbCH"Read full newsRead More
"1933 Industries (@1933Industries) (#CSE: $TGIF | #OTCQX: $TGIFF) engages CB1 Capital as strategic business advisors [https://t.co/pr7zriQdUk]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #cannabis"Read full newsRead More
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"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Receives $3.6MM in Warrant and Option Exercises [https://t.co/8jSmpkliWB]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #cannabis #hemp"Read full newsRead More
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"Canada Cobalt Ramps Up Drilling to Build on New Castle East Discovery Next to Three Past Producers -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/8PMd5E8dwQ"Read full newsRead More
"Durango Resources (@DGOv_Durango) (#TSXV: $DGO | #OTCQB: $ATOXF) to Advance the Trove Property Adjoining Osisko at Windfall Lake [https://t.co/K65VKw1Kbg]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold #Osisko"Read full newsRead More
NxGold Ltd. (TSXV:NXN) (Read full newsRead More
Eurasian Resources Group Sarl will halt production at a copper and cobalt mine in the Democratic Republic of Congo, as it considers future investment in new production methods.The shutdown at Boss Mining Sprl will curb cobalt supplies from a nation that accounts for three-quarters of global production of the metal used in rechargeable batteries. The suspension comes at a time of strained relations...Read More
South Africa's parliament approved on Tuesday a long-delayed carbon tax bill as it seeks to reduce harmful carbon emissions in Africa's most industrialised and polluting country.Big energy users including Sibanye-Stillwater and ArcelorMittal's local unit have opposed plans by South Africa to enact carbon tax laws in 2019, arguing the levies are unaffordable and should be scrapped or delayed."Clima...Read More
South Africa's Association of Mineworkers and Construction Union (AMCU) on Tuesday called on its members at Sibanye-Stillwater's platinum operations to embark on a secondary strike over job cuts and wages.Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs in a potential restructuring of the company's gold mining operations - where AMCU has been on strike since mid-November over...Read More
The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale's Brumadinho dam in Brazil, Golden Ocean said on Tuesday as it presented forecast-beating quarterly earnings.The dam in the town of Brumadinho, which contained tailings, the mud-like byproducts of iron ore mining, burst on Jan. 25, killing at least 166 people and with almost 200 mo...Read More
It is almost a year since the United States imposed duties on imports of aluminium and steel on national security grounds.If the aim of the so-called "Section 232" tariffs was to lift domestic production, President Donald Trump's administration can claim a degree of success.U.S. output of primary aluminium has started rising sharply thanks to restarts of idled capacity, although not all of them ha...Read More
South32 could cut about 500 jobs at its Hillside aluminium smelter in South Africa's coastal province of KwaZulu-Natal, trade union Solidarity said, in a restructuring the company said is designed to reduce costs and help it contend with volatility in commodities markets.The Australia-listed company is planning to cut 500 of the 1,300 employees at the Hillside site, Solidarity said on Tuesday."The...Read More
South Africa's Kumba Iron Ore Ltd on Tuesday reported slightly lower full-year headline earnings for 2018, due to a dip in revenue and lower sales volumes.The company, a unit of Anglo American, said headline earnings came in at 30.28 rand ($2.14) per share in the year ended Dec. 31, 2018, compared to 30.47 rand a year ago.Headline EPS is the primary profit measure in South Africa, and strips out c...Read More
The key to getting monster-sized returns in mining equities is to be small, according to managers of the Plethora Precious Metals Fund.With only 18 million euros ($20 million) in assets, Plethora Precious Metals is a minnow in contrast to giants such as Blackrock Inc. and Vanguard Group Inc. While investment funds generally try to increase assets to share success and rake in higher fees, this Dutc...Read More
BHP Group, the world's biggest miner, doesn't have capacity to raise shipments into the iron ore market as competitor Vale SA faces outages following the fatal mining disaster in Brazil last month.The global iron ore market has been thrown upside down by the tragedy, after Vale was forced to shutter operations and the Brazilian government said it's banning certain types of dams used to hold mining...Read More
Chile's Superintendency of the Environment (SMA) filed charges against Lumina Copper on Tuesday for infractions to the provisions established in its Resolutions of Environmental Rating (RCA), both at the Caserones mine and the Electric Transmission Line necessary for the development of the project.Lumina Copper faces fines of up to $54.8 million for infractions to the provisions established in it...Read More