Upbeat earnings could result in price-target hikes for CLFCleveland-Cliffs Inc (NYSE:CLF) will release its fourth-quarter earnings report before the opening bell tomorrow, Feb. 8, and the shares will be looking to extend their strong start for 2019. That is, the mining concern sports a year-to-date lead of 43.4%, last seen at $11.08, and earlier today touched its highest point since early November...Read More

Chilean state copper miner Codelco saw a 1.9 percent drop in its output in 2018, at 1.8 million tonnes, while production at the world's largest copper mine, Escondida, shot up 34 percent in the same year, Chile's copper commission said on Thursday.Codelco was affected by a natural decline in ore grades, an issue it is seeking to reverse with a major program of upgrades. Production at Escondida, co...Read More

Plus, 40 stocks with extreme SOIR readings right nowA number of indicators are used at Schaeffer's to assess the temperature of a stock, and to better understand trader sentiment. One of the more ubiquitous indicators is the Schaeffer's put/call open interest ratio, or the SOIR, which measures a stock's short-term open interest and can be used to gauge near-term option traders' expectations. What...Read More

In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources has extended the known depth of the nickel, copper, cobalt and PGE deposit by several hundreds of metres.The junior explorer reported this week that Grasset's H1 zone has now been intersected for 1,140 metres along strike and from the bedrock surface to a depth of 775 metr...Read More

In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources has extended the known depth of the nickel, copper, cobalt and PGE deposit by several hundreds of metres.The junior explorer reported this week that Grasset's H1 zone has now been intersected for 1,140 metres along strike and from the bedrock surface to a depth of 775 metr...Read More

Gainey Capital's first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne and confirmed the project's previously reported 1.5-1.6 km strike length. Peter Megaw leads the company's exploration team.The company took 42 samples at Las Margaritas, including chip samples from old pits, chip-channel samples from exposed veins an...Read More

Blue-chips Cisco Systems and Coca-Cola will report earningsEarnings season is continuing with gusto, as Dow names Cisco Systems (CSCO) and Coca-Cola (KO) step up to the plate next week. We'll also hear from semiconductor firms Nvidia (NVDA) and Applied Materials (AMAT). Plus, investors will digest a round of inflation data, while several Fed speakers will take the mic. U.S.-China trade relations...Read More

Gainey Capital's first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne and confirmed the project's previously reported 1.5-1.6 km strike length. Peter Megaw leads the company's exploration team.The company took 42 samples at Las Margaritas, including chip samples from old pits, chip-channel samples from exposed veins an...Read More

"Goldplay announces its maiden mineral resource, containing 36 million oz AgEq (indicated) and 11 million oz AgEq (inferred), at the San Marcial Project @goldplay_gply https://t.co/SsxR6VFHpi"Read full newsRead More

A week before Bombardier (No outlook; BBD.B) is scheduled to release its Q4 earnings report on February 14th, the taxpayer supported aerospace, rail & defense firm announced today that it is losing one of its key executives. According to a company press release, Bombardier Transportation President Laurent Troger has informed the company of his intention to resign and pursue opportunities outside...Read More

The brokerage firm is optimistic about the company's Bivigam prospectsThe shares ofbiopharmaceutical concern ADMA Biologics Inc (NASDAQ:ADMA) are higher this afternoon, after analysts at H.C. Wainwright launched coverage with a "buy" rating, waxing optimistic on the company's Bivigam prospects. Specifically, the analyst thinks the drug -- rejected for relaunch by the Food and Drug Administration (...Read More

* Q3 net loss of 40.5m euro, EBIT down 82 pct* Price pressure seen increasing* CEO warns against protectionist measures* Shares down 5.6 percentSpecialty steelmaker Voestalpine expects further downward pressure on earnings from a slowing European economy, it said on Thursday after a swing to a quarterly loss knocked 5 percent off its share price.The European steel sector is navigating choppy water...Read More

* Global steel demand see up 0.5-1.0 pct in 2019* Excluding China, sees demand up 2-3 pct* Dividend doubled to $0.20, share buyback of $113 mln* Shares down 3 pct on steel price concernsArcelorMittal, the world's largest steelmaker, forecast on Thursday a moderate expansion in global steel demand in 2019 after a healthy market drove its 2018 earnings to their highest in a decade.But its shares sli...Read More

Oil prices are pulling back todayThe Dow Jones Industrial Average (DJI) is sharply lower at midday. Global economic concerns initially sent the index down triple digits, and losses were exacerbated after White House economic advisor Larry Kudlow told Fox Business there is "sizable difference" between the U.S. and China on any sort of trade deal. Additionally, a CNBC report suggested a meeting bet...Read More

It's already been a wild day on the charts for Turtle Beach stockThe shares of video game headset maker Turtle Beach Corp (NASDAQ:HEAR) made a big move out of the gate today, after the company told investors it's expecting to report strong results for the fourth quarter and 2018 as a whole. In the release, CEO Juergen Stark cited growing market share in North America as one reason for the success....Read More

Latest dollar rally threatens to undermine gold's currency component.A temporary pullback in the gold price is overdue and probably needed.Record central bank demand, however, will keep gold's recovery intact.The last few months have been extremely rewarding for gold investors. The gold price gained 10% from its August 2018 lows and with hardly a pullback along the way. After this impressi...Read More

More cuts are on the horizon...Read full newsRead More

Russian steelmaker MMK expects steel output to remain broadly unchanged this year, the company's chief financial officer Andrey Eremin said on a conference call on Thursday.He added that the company sees no reason to change its existing policy with respect to its fourth-quarter dividend recommendation, which he said the company's board of directors is due to announce tomorrow.Speaking about foreca...Read More

* Q4 underlying profit down 85 pct* Brazil restrictions hit profit* Timing on resuming full Alunorte output uncertain* Macroeconomic uncertainty could sap 2019 demandNorwegian metals producer Norsk Hydro warned it would miss its 2019 savings targets after falling far short of fourth-quarter earnings forecasts due to restricted output in Brazil, sending shares down 8 percent to their lowest in two...Read More

An India state will give gold worth about $530 to every bride from a poor family, the latest budget giveaway ahead of a general election that must be held by May.The northeastern state of Assam is run by Prime Minister Narendra Modi's Hindu nationalist Bharatiya Janata Party (BJP), which is facing a battle for re-election because of low farm incomes and a lack of jobs that have turned off some of...Read More