Recent News

Never a bad day at the office for Anglo American execs

March 05, 2019 / www.mining.com

Anglo American's (LON: AAL) annual report, released this week takes great pains to set out the London-listed mining giant's policies around director's responsibilities and incentives.After an outcry over a generous long-term incentive program (LTIP) for executives in the form of stock grants in 2016, Anglo overhauled its policies.At the time, the company, with roots going back more than a hundred...Read More

Weed Stock Higher on Bullish Cowen Note

March 05, 2019 / www.schaeffersresearch.com

The outperforming shares have added 51% year-to-dateAurora Cannabis Inc (NYSE:ACB) is up 3.9% to trade at $7.50, after Cowen initiated coverage on the Canadian cannabis listing with an "outperform" rating and tapped it as its top pick in the weed sector. Analyst Vivien Azer thinks Aurora is well positioned to take advantage of Canada's adult-use marijuana market, and increase market share and pro...Read More

Bearish Analysts Blast Sinking Adamas Pharmaceuticals Stock

March 05, 2019 / www.schaeffersresearch.com

ADMS CEO highlighted a "slowing" prescription growth rate last yearAdamas Pharmaceuticals Inc (NASDAQ:ADMS) stock is down sharply this morning -- last seen off 29.5% at $8.56, one of the worst stocks on the Nasdaq on early trading. Weighing on the shares is skepticism over the company's full-year forecast for Gocovri, a recently launched drug that counters side effects of certain Parkinson's disea...Read More

Ctrip Revenue Beat Has Analysts' Attention

March 05, 2019 / www.schaeffersresearch.com

The Chinese travel company reported strong fourth-quarter figures The shares of Ctrip.com International Ltd (NASDAQ:CTRP) are soaring in early trading, after the Chinese travel concern reported fourth-quarter revenue that beat analysts' expectations. The win that was attributed to the company's Skyscanner booking program, as well as strengthening flight and international hotel businesses. As a r...Read More

Analyst Bullish on Alphabet Spin-Off Potential

March 05, 2019 / www.schaeffersresearch.com

Needham also estimated the value of YouTube based on the metrics used around NetflixSpeculation has grown in recent years about whether regulators will try to break up the large tech companies. Brokerage firm Needham is suggesting that such a move could actually unlock value for Alphabet Inc (NASDAQ:GOOGL). Specifically, an analyst note from Needham said that looking at GOOGL from a sum-of-its-par...Read More

Stock Futures Inch Higher After Target Earnings

March 05, 2019 / www.schaeffersresearch.com

China lowered its 2019 growth forecastDow Jones Industrial Average (DJI) futures are trading just above fair value this morning, as investors await fresh developments on the U.S.-China trade front. Over in China, though, the government cut its 2019 growth target to its lowest level in 30 years. Traders are also digesting a batch of retail earnings, with Target (TGT) emerging as a big winner thanks...Read More

New Internship Program Creating More Jobs for Indigenous, Skilled Workers

March 05, 2019 / news.ontario.ca

Ontario's Government for the people is delivering on its commitment to create more opportunities for Indigenous people and address the skilled labour shortage across the North by making the Northern Ontario Internship Program more accessible.Today, Greg Rickford, Minister of Energy, Northern Development and Mines and Minister of Indigenous Affairs, announced the government is launching a new North...Read More

Condor Gold seeks growing Nicaragua project with two feeder pits

March 05, 2019 / www.mining.com

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Condor Gold seeks growing Nicaragua project with two feeder pits

March 05, 2019 / www.mining.com

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Silver spot Intraday: Key resistance at 15.2700

March 05, 2019 / www.fxstreet.com

Gold spot ($) Key resistance at 1292.50.     Stay on top of the markets with Swissquote’s News & Analysis   Pivot (invalidation): 1292.50 Our preference Short positions below 1292.50 with targets at 1282.50 & 1276.50 in extension. Alternative scenarioAbove 1292.50 look for further upside with 1297.00 & 1304.00 as targets. Comment The RSI is mixed and calls f...Read More

Condor Gold seeks growing Nicaragua project with two feeder pits

March 05, 2019 / www.mining.com

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Become a Master of Moving Averages

March 05, 2019 / www.schaeffersresearch.com

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

Gold: Intermediate Decline Looks To Be Underway

March 05, 2019 / seekingalpha.com

We have a clear weekly swing high.We also have a failed daily cycle.We are heading into week 29 this week in gold's intermediate cycle.Considering the length of the cycle (and the length of the previous one), the odds are high that an intermediate decline has begun.In the precious metal sector, we remain long the SPDR Gold Trust ETF (GLD) and hope to add to our metals exposure at the next inte...Read More

Millennial Lithium's project center in Argentina goes solar

March 05, 2019 / www.mining.com

Millennial Lithium (TSXV: ML) announced that its Pastos Grandes Salar lithium brine project in Argentina is now home to a solar-powered permanent project center, which includes a 60-100 person camp with dorms and other facilities, an on-site laboratory, and a process pilot plant under construction.In a media statement, the Vancouver-based miner highlighted that a state-of-the-art hybrid solar powe...Read More

Columbus Gold has a new CEO

March 05, 2019 / www.mining.com

Canada's Columbus Gold (CGT: TSX) announced this week that its President & COO, Rock Lefran??ois, was promoted to President & CEO.Lefran??ois was the company's Chief Operating Officer for six years and in 2018 assumed the role of President. His focus has been on increasing Columbus' presence in French Guiana with the idea of tapping into the resources of an underexplored segment of the Gui...Read More

METALS-Copper rises as China promises tax cuts and infrastructure

March 05, 2019 / www.kitco.com

* Cash copper premium to three-month contract at four-yearhigh * Chinese copper import premiums falling * Nickel prices rise to highest since August (Updates with closing prices)By Peter HobsonLONDON, March 5 (Reuters) - Copper prices rose on Tuesdayafter top consumer China unveiled economic stimulus measuresincluding tax cuts for manufacturing industry, bolstering thedemand outlook.U.S. Secretary...Read More

UPDATE 3-Pound falls as traders use Brexit doubts to take profits

March 05, 2019 / www.kitco.com

* Labour's McDonnell says few MPs to back May - analysts * May's top lawyer is in Brussels, no breakthrough seen * Britain's services recover slightly in Feb - PMI * Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (Adds details, new chart, updates with latest prices)By Tommy Wilkes and Sujata RaoLONDON, March 5 (Reuters) - Sterling fell on Tuesday afterthe oppos...Read More

Commodities Weekly: Gold suffers as trade talks progress

March 05, 2019 / www.fxstreet.com

Reported progress on the trade talks was generally not helpful for most commodities last week, with the agricultural sector surprisingly under increased pressure. Supply cuts continue to support oil prices, while safe havens under-performed.   Precious metals GOLD slid to the lowest since January 25 yesterday amid heightened speculation that the US and China were edging ever closer to a trade...Read More

Newmont rejects Barrick Gold's 'negative premium' buyout bid

March 05, 2019 / dlvr.it

Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More

Insights: Among the miners, gold stocks shine the brightest

March 05, 2019 / www.canadianinsider.com

We have published the latest edition of Canadian Insider Insights. This week, we draw on our Market INK report commentary to explain why we see gold shining the brightest among mining stocks.Gold insiders are behaving like a bull market is onClick here to read the issue for the week of March 4th (registration is not required). Read More

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