Brazil's mining agency plans to ban upstream tailings dams used for storing mining waste, a director at the National Mining Agency (ANM) said on Thursday, after such a dam burst last month, likely killing at least 300 people.It was not immediately clear what kind of deadline the dam operators would face to take down or convert the damsEduardo Le??o, a director at ANM, said the agency aims to issue...Read More

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The company just posted a profit for the first time in five quartersThe shares of GoPro Inc (NASDAQ:GPRO) are up 2.4% at $5.27 in early market trading, after the company announced fourth-quarter earnings and revenue that beat analysts' expectations. This is the first time in five quarters that the company has reported a profit, and CEO Nicholas Woodman said, "With this momentum and a continued foc...Read More

The number of people killed by a gas explosion in an unused coal mine in South Africa's eastern province of Mpumalanga has risen to six, and several others remain trapped, an official at the mine said on Thursday. The representative of the creditor protection team at the mine, Michael Elliot, said more than 20 people were still stuck underground at the mine in Middelburg and are presumed dead."As...Read More

The number of people killed by a gas explosion in an unused coal mine in South Africa's eastern province of Mpumalanga has risen to six, and several others remain trapped, an official at the mine said on Thursday. The representative of the creditor protection team at the mine, Michael Elliot, said more than 20 people were still stuck underground at the mine in Middelburg and are presumed dead."As...Read More

According to the January 31st IIROC short-selling report published Tuesday, the short-selling position at Badger Daylighting (Sunny; BAD) stands at 1.94% of the company's float (estimated shares outstanding available for trading), up 0.014% from where it was in the January 15th report. Short-sellers may have their work cut out for them, however, as insider commitment at the firm remains strong. O...Read More

Ontario's Government for the People is supporting Indigenous training and employment in Sault Ste. Marie's information technology (IT) sector, creating 57 full-time jobs.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced PLATO Testing is receiving more than $1.2 million to deliver IT training focused on preparing Indigenous people to be...Read More

Canada's Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia's South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.Each company will contribute an additional $1 million for exploration at the Upper Kobuk Mineral Projects (UKMP), in addition to the $18....Read More

Canada's Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia's South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.Each company will contribute an additional $1 million for exploration at the Upper Kobuk Mineral Projects (UKMP), in addition to the $18....Read More

Canada's Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia's South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.Each company will contribute an additional $1 million for exploration at the Upper Kobuk Mineral Projects (UKMP), in addition to the $18....Read More

* LME has 39 responses to consultation on responsible sourcing* NGOs say LME plan short-sighted and irresponsibleFourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed.Cobalt is a key ingredient in the batteries that power electric vehicles, a f...Read More

At least a dozen price-target hikes have been issued already to CMGThe shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) are up 10% to trade at $578.98, and nabbed a three-year high of $580 out of the gate. The burrito chain reported fourth-quarter adjusted earnings of $1.72 cents per share -- smashing the average estimate of $1.37-- while revenue of $1.20 billion also topped the $1.19 billion f...Read More

   •  The USD climbs to two-week tops and keeps exerting downward pressure.   •  US-China trade optimism further dampens the metal’s safe-haven demand.   •  Worries over slowing global economic growth might help limit deeper losses. Gold held on to its weaker tone through the early European trading session, albeit has managed to rec...Read More

GM, meanwhile, continues to get praise from Wall StreetFiat Chrysler Automobiles NV (NYSE:FCAU) is down 11.5% before the open, as a downbeat 2019 forecast overshadows a seemingly strong fourth-quarter report. There has yet to be any notable updates from the analyst community following the automaker's quarterly report, but FCAU should be wary of future bear notes. The shares were already down 24%...Read More

GOLD So last night we broke my key 1308 level and therefore I cut my long Gold position...I still think Gold is a buy at lower levels...but it was obviously a turning point for me was the break of 1308...Now what...well the market has eased its overbought conditions that we saw up at 1326...and now we are at neutral levels...although still currently pointing lower... We do have support in the 1032...Read More

President Nicolas Maduro blew through more than 40 percent of Venezuela's gold reserves last year in a desperate bid to fund government programs and pay millions to bondholders.The government sold a total of 73 tons of gold to two firms in the United Arab Emirates and another in Turkey, opposition lawmaker Carlos Paparoni told reporters in Caracas on Wednesday. That drained reserves to about 110 t...Read More

The stock could be headed toward its worst day everSolid Biosciences Inc (NASDAQ:SLDB) could be on track for its worst day ever, after the life sciences company reported disappointing preliminary data for its Duchenne Muscular Dystrophy (DMD) gene therapy treatment. The study includes a planned dose escalation, and the company plans to move forward with a higher dosage.In reaction to this early da...Read More

Twitter stock is down on weak current-quarter guidanceDow Jones Industrial Average (DJI) futures are pointing to a triple-digit drop today, on renewed concerns about the health of the global economy. The European Commission reduced its 2019 economic growth forecast for the eurozone, citing international trade tensions. In addition, traders are digesting the latest round of earnings reports, with s...Read More

With testing underway, one medical marijuana breakthrough could tempt some major pharma players. The medical marijuana industry is creating massive opportunities for forward-thinking investors. The global market is estimated to be worth $7.7 billion, and will potentially see a compound annual growth rate of 60 percent, as other countries continue to liberalize their medical marijuana laws. Grand...Read More

Shares in Canada's First Quantum Minerals (TSX:FM) were up after announcing that it has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.Underwritten by three core relationship banks, the loan can be increased to up to $3 billion before the end of year, the Vancouver-based miner said. It comprises a $1.5-billion term-loan facility and a $1...Read More