With two large copper projects under its belt, one in the U.S. and one in Colombia, and with an Inferred resource of nearly 8 billion pounds of copper, this explorer is now taking on a copper-gold project in British Columbia's Golden Triangle. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB ) is a young company, having been formed in 2016, and since then it has been busy acquiring assets. The first...Read More
These new findings at the high-grade gold project are improved over last year's. Kerr's Copperstone projectKerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release it achieved gold recoveries of 97% during metallurgical testing at its Copperstone mine in Arizona. This compares to the 95% achieved in its 2018 prefeasibility study results.Testing also resulted in lower reagent con...Read More
Assays are back for the first 21 holes of a 61-hole drill program completed at Monarques Gold Corp.'s (TSX: MQR; US-OTC: MRQFR) McKenzie Break project and have extended the deposit laterally and at depth.The best intercept from the project, 35 km north of Val-d'Or, Quebec, was 61.20 grams gold over 2.6 metres starting from 254.8 metres downhole, including 265 grams gold over 0.6 metres in drill ho...Read More
A BMO Capital Markets report reviewed the firm's recent performance numbers and 2019 estimates. In a research note on Feb. 20, analyst Andrew Kaip reported that BMO Capital Markets upgraded Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) because it continues to successfully emerge from a transition year.Now rating it Outperform, BMO increased its target price on Osisko to CA$17 per share from CA$13,...Read More
The scope of the permit is described in this Haywood report. In a Feb. 20 research note, analyst Mick Carew reported that, in an "important milestone," Liberty Gold Corp. (LGD:TSX) received the plan of operations (POO) for Black Pine, a "highly prospective project similar to Goldstrike."Carew relayed the POO allows the company to drill year-round. As such, it will start a reverse circulation dril...Read More
The new resource numbers and expectations for 2019 are summarized in a CIBC report. In a Feb. 21 research note, Cosmos Chiu reported Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) released a company-wide resource update, in which total reserves expanded 24% to 5.75 million ounces (5.75 Moz). "Overall, our net asset value per share increases to $18.11 from $17.23 on the increased reserves and guidance...Read More
Para Resources Inc. (the "Company" or "Para") is pleased to announce the successful re-start of the Gold Road mill and CIL plant. Low-grade inventory is being used for the initial feed in order to properly balance the system. Higher grade production from current mining faces will be fed to the plant once steady state conditions are achieved, expected within several weeks. The full circuit, includi...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that a merger of the companies is the best, or the worst, option for them.Barrick launched its hostile bid for Newmont on Monday, and updated its presentation on Thursday, adding more information on the expected synergies and benefits of the deal.Barr...Read More
* May wins two weeks' breathing space * Goldman sees a deal approved after delay * Aston Martin: Brexit delay prolongs uncertainty * Lawmaker Letwin: May might just squeak a deal through (Adds PM May's spokesman, EU migration)By Guy Faulconbridge and Kylie MacLellanLONDON, Feb 28 (Reuters) - Britain's opposition Labour Partywill back a new referendum on Brexit after parliament defeatedits alternat...Read More
Turkish steel billet prices have gone down over the past week in line with the downturn in rebar and scrap values and the limited demand for material, sources said on Thursday February 28.Suppliers in the CIS region have lowered their offers into Turkey to $465-475 per tonne cfr, from last week's $470-475 per tonne levels.But customers in Turkey were not interested at those prices because more aff...Read More
Stocks continued to suffer despite respectable GDP dataStocks were unable to recover from the conclusion of futile U.S.-North Koreatalks, with the major market indexes ending lower despite better-than-anticipated fourth-quarter gross domestic product (GDP) data. In addition, weak factory data out of China weighed on stocks. As such, the Dow and S&P each suffered a third straight loss, but -- alon...Read More
CELG and HZNP stocks are making volatile moves today, tooStocks are trading lower today, after the U.S.-North Korea summit ended without a resolution. Among individual names making notable moves are healthcare stocks Novavax, Inc. (NASDAQ:NVAX), Celgene Corporation (NASDAQ:CELG), and Horizon Pharma PLC (NASDAQ:HZNP). Here's a quick look at what's moving the shares of NVAX, CELG and HZNP.NVAX Nose...Read More
Base metals prices on the London Metal Exchange were mixed at the close of trading on Thursday February 28, with low volumes and narrow trading ranges coming amid a slight uptick in the US dollar index, while continued US-China trade optimism came up against slower than expected US economic growth. Climbing furthest over the afternoon, zinc's three-month price climbed more than 1% during afternoon...Read More
Call volume has reached an annual high todayThe shares of Southwest Airlines Co (NYSE:LUV) are up 4% to trade at $55.96 today, after reports emerged that Warren Buffett's Berkshire Hathaway is contemplating a takeover of the airliner. In response to this news, LUV options traders are picking up calls at a frenzied pace. More specifically, over 53,000 LUV calls have changed hands today, a whoppin...Read More
For over a year now, the South African mining industry has experienced a measurably significant decline in the amount of gold produced. Statistics reported by South Africa last week show that the amount of gold produced by South African mines has declined for fifteen consecutive months. In December, gold output dropped thirty-one percent from the year before.All mines, including gold, have a...Read More
Chris Waltzek talks to Dr. Burton Malkiel, author of the investing classic, A Random Walk Down Wall Street Read More
Target and Kohl's are just two of the retailers reporting earningsThe first full week of March features a little bit of everything for Wall Street. February's highly anticipated jobs report will put a stamp on the week on Friday, and the last batch of earnings stragglers includes retailers Target (TGT), Abercrombie & Fitch (ANF), Urban Outfitters (URBN), and Kroger (KR). After President Donald Tr...Read More
By Avi GilburtThis is probably one of the biggest conundrums investors face in financial markets today. A major report may come out with a very positive bias, yet the market will move in the opposite direction. How many times have you seen this happen?Well, if you have any experience in the financial markets, then it has likely happened to you many times. But, most people simply shrug it off...Read More
By: IRA EPSTEINStock market having trouble. Gold starting to breakout to the downside. Gold = negative and in a downtrend, to negate this gold would need $1335.60:Read More
The live feed from Hanoi has been riveting. Trump and Kim appear to be getting along well. The President pats his counterpart on the back, the dictator smiles. They share a laugh as they walk through a garden. Kim's haircut looks oddly flattering. Everything seems to be going so nicely that one could almost forget that he has at times acted like a madman. As for Trump, he is his usual self, bu...Read More