Dear Reader,The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is more downside potential than upside.This is a good time to lighten up on equity exposure and reallocate to bonds, cash and gold.Stock markets haven't gained much over the past two years. Tha...Read More
Chinese stainless steel prices in both the domestic and export markets fell over the past week amid bearish sentiment stemming from the high inventories held at a major mill in eastern China.DomesticFastmarkets' weekly price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country's major market of Wuxi was 14,400-15,000 yuan ($2,040-2,125) per tonne incl...Read More
Kinross Gold (TSX: K; NYSE: KGC) is selling 20.7 million shares, or its 9.2% stake, in Lundin Gold (TSX: LUG) for $150 million.Shareholders Newcrest Mining (ASX: NCM) and the Lundin Family Trust are buying the Kinross shares, boosting their interest in Lundin Gold to 32% (from 27%) and 27% (from 23%), respectively.Kinross said the move was part of its "portfolio management strategy" and broader ef...Read More
Increasing violence in communities around its Richards Bay Minerals complex in South Africa has forced Rio Tinto (NYSE: RIO) to curtail all mining operations there, the Anglo-Australian miner says.The company reported "an escalation of criminal activity" towards the unit's employees, and said one person had been shot and seriously injured.Smelters at the unit are operating at a reduced level.Meanw...Read More
In October, the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) released the October 2019 version of the CRIRSCO template for standardized public reporting of exploration results, mineral resources and mineral reserves.The publication marks another step forward in the harmonization of international reporting standards used in jurisdictions like Canada (CIM), Australia (J...Read More
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has rejected a US$1.9-billion all-stock takeover bid from Canada's Endeavour Mining (TSX: EDV) announced earlier on Tuesday, saying it did not offer enough value to the company's shareholders.Centamin also said that the terms of the offer did not adequately reflect the contribution that it would make to the merged entity, adding that the compa...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftThe fantasy outcome from a dual listing is an immediate large flow of capital from otherwise reluctant institutions.Read More
Greg Newman, senior wealth advisor, director and portfolio manager at Scotia Wealth Management, says the battered Canadian energy sector is worth a serious look by investors because valuations areRead full newsRead More
There's a reason why White Spot is Canada's longest-running restaurant chain after being founded in 1928 in BC - its high-quality and great tasting meals, for breakfast, lunch, and dinner at 61 locations in BC and three in Alberta. White Spot is home to delicious entrees and beverages that appeal to a wide range of guests, and is a great place to take your family and friends for an awesome meal. Y...Read More
"@TraderPamplona Yes and it makes totally sense to share these risks. Maybe NCM and BHP will work closely together in Ecuador. Btw. I also think NCM could be a future target. Maybe Bristow is going for it someday to regain the top spot. Would also fit his goal to increase Cu exposure."Read full newsRead More
"@TraderPamplona You stated some good targets. Newcrest loves large ore bodies, is not risk-averse re tougher jurisdiction and may also extend its copper business. They also have a great balance sheet and plenty of FCF."Read full newsRead More
China's solar module exports rose to the equivalent of 58 gigawatts of capa...Read full newsRead More
Investors cheered Spanish group Repsol's pledge to slash net carbon emissio...Read full newsRead More
After a brief lull in the third quarter, a burst of at least 15 new Chinese defaults since the start of November have sent the year's total to 120.4 billion yuan ($17.1 billion), and about to eclipse the 121.9 billion yuan record set in 2018.Read full newsRead More
This year has seen 348 deals worth more than $30.5 billion, including net debt, according to Refinitiv Eikon data.Read full newsRead More
"$MDLA - Medallia, Inc. (MDLA) CEO Leslie Stretch on Q3 2020 Results - Earnings Call Transcript. Sign up for updates on Seeking Alpha! https://t.co/H8IHtUVqV6 #trading #finance #business"Read full newsRead More
"$AMD - AMD Can Justify Its 'Forced To Be Perfect' Valuation. Get more info on Seeking Alpha: https://t.co/a1oc5ZqVKe #investing #business #stockmarket"Read full newsRead More
"$DOCU - DocuSign's (DOCU) CEO Dan Springer on Q3 FY2020 Results - Earnings Call Transcript. Read more: https://t.co/d51To7A96G #business #stocks #stockmarket"Read full newsRead More
"$IDT - IDT Corporation (IDT) CEO Shmuel Jonas on Q1 2020 - Earnings Call Transcript. Read more and sign up for updates: https://t.co/IGrCrz3wBz #economy #investing #stocks"Read full newsRead More
"$GWRE - Guidewire Software's (GWRE) CEO Mike Rosenbaum on Q1 2020 Results - Earnings Call Transcript. Continue reading: https://t.co/9PZCZHnjZn #markets #stocks #investing"Read full newsRead More