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Mining stocks rally as copper price hits 7-month high

February 20, 2019 / www.mining.com

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Mining stocks rally as copper price hits 7-month high

February 20, 2019 / www.mining.com

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Mining stocks rally as copper price hits 7-month high

February 20, 2019 / www.mining.com

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Mining stocks rally as copper price hits 7-month high

February 20, 2019 / www.mining.com

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV...

February 20, 2019 / twitter.com

"Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/oTNnp0c7gh"Read full newsRead More

2 Energy Stocks That Could Fizzle

February 20, 2019 / www.schaeffersresearch.com

Crude oil prices are flirting with YTD highs, but these stocks could dipOil prices are on the rise again today, with front-month crude last seen 1.8% higher at $57.08 per barrel -- a new year-to-date high. However, a pair of energy stocks recently flashed historically bearish signals, suggesting it may be time to jump ship on Gulfport Energy Corporation (NASDAQ:GPOR) and EQT Corporation (NYSE:EQT)...Read More

Glencore will 'vigorously contest' $680m tax demand

February 20, 2019 / www.mining.com

Glencore on Wednesday said it would "vigorously contest" a $680 million tax demand from the British authorities linked to transfer pricing.The Swiss-based mining and trading company has offices in London and is London-listed. The British tax authorities issued formal transfer pricing, permanent establishment and diverted profits tax assessments for the 2008 - 2017 tax years, amounting to $680 mill...Read More

#Deutsche Bank Discussed Extending Trump Loan Terms Over Default Fears | Zero Hedge

February 20, 2019 / www.zerohedge.com

The bank's campaign to get out ahead of whateverRead full newsRead More

CODI Stock Trims Early Gains After Tilray Deal

February 20, 2019 / www.schaeffersresearch.com

The company just sold its hemp foods unit Manitoba Harvest to weed giant Tilray The investment trust company Compass Diversified Holdings (NYSE:CODI) just announced the sale of its majority-owned hemp foods unit, Manitoba Harvest, to the marijuana concern Tilray Inc (TLRY) for roughly C$419 million. Compass said it plans to use the deal's proceeds to repay debts. As a result, CODI stock shot up ro...Read More

Stocks Climb Ahead of Fed Minutes as Nasdaq Eyes Elite Eight

February 20, 2019 / www.schaeffersresearch.com

The VIX fell to a four-month low earlier The Dow Jones Industrial Average (DJI) is clinging to marginal gains at midday, as investors await the release of the latest Fed meeting minutes. There are no new trade developments between the U.S. and China to report, althoughPresident Donald Trump has been hinting at a possible extension to the March 1 tariff deadline. The S&P 500 Index (SPX) and Nasd...Read More

South African miner Sibanye raises loss estimate by $100 million-plus

February 20, 2019 / www.mining.com

South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More

South African miner Sibanye raises loss estimate by $100 million-plus

February 20, 2019 / www.mining.com

South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More

Can blockchain help drive miners' bottom line?

February 20, 2019 / www.mining.com

Blockchain is a notable buzzword, and while the technology is being rapidly adopted by many industries, the mining sector has been criticized for staying stuck on old models."The world has been transformed by new technologies such as the internet and the blockchain, mining has continued to do business slower and more expensively than is necessary," said Grant Lenaarts, CEO of Mineral Assurance - a...Read More

Can blockchain help drive miners' bottom line?

February 20, 2019 / www.mining.com

Blockchain is a notable buzzword, and while the technology is being rapidly adopted by many industries, the mining sector has been criticized for staying stuck on old models."The world has been transformed by new technologies such as the internet and the blockchain, mining has continued to do business slower and more expensively than is necessary," said Grant Lenaarts, CEO of Mineral Assurance - a...Read More

Man Who Issued 2008 Warning Urging Investors to Act Now

February 20, 2019 / www.schaeffersresearch.com

The time to invest is now, according to one economist.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and oil's shocking fall in 2016 - years before they happened - has issued a new earth-shattering statement:"Right now, the markets are giving investors a critical window to rapidly boost their retirement savings before the greatest stock market crash in American his...Read More

Barrick still committed to Chile, despite Pascua-Lama setback

February 20, 2019 / www.mining.com

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) said Wednesday its interest in Chile remains strong despite local authorities ordering the "total and definitive" closure of its Pascua-Lama gold-silver project over environmental issues.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, is currently reviewing a range of "new exploration opportunities...Read More

Barrick still committed to Chile, despite Pascua-Lama setback

February 20, 2019 / www.mining.com

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) said Wednesday its interest in Chile remains strong despite local authorities ordering the "total and definitive" closure of its Pascua-Lama gold-silver project over environmental issues.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, is currently reviewing a range of "new exploration opportunities...Read More

Insights: Monetary policy winds change direction to favour Canadian stocks

February 20, 2019 / www.canadianinsider.com

We have just published our second edition of Canadian Insider Insights, a newsletter exclusively for CanadianInsider.com users. This publication seeks to provide a quick read on what insiders are telling us about the outlook for the Canadian market. Commentary draws heavily from our institutional Market INK report to bring you distinct, independent insight you will not find anywhere else. INK's...Read More

Glencore plans new buyback as trading profit disappoints

February 20, 2019 / www.mining.com

Glencore Plc reported its weakest trading profit in five years and missed analysts' earnings estimates, even as the mining giant promised to increase its rewards to shareholders after a tough year.The disappointing performance in the trading unit is a blow for Glencore, which has always said its traders can make money in any kind of market. The company touts the unit as a differentiator from other...Read More

Bausch Health Stock Reverses Lower After Earnings

February 20, 2019 / www.schaeffersresearch.com

The drugmaker reported a fourth-quarter revenue beat and solid full-year guidance The shares of Bausch Health Companies Inc (NYSE:BHC) were higher out of the gate today, after the drugmaker reported fourth-quarterrevenue that surpassed analysts' expectations. The pharmaceutical concern also issued stronger-than-expected full-year revenue guidance, and said it will focus on important launches, incl...Read More

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