Israeli mining tycoon Beny Steinmetz is making a dramatic return to Guinea after the billionaire ended a bitter dispute with the West African country that brought his business empire to its knees.The settlement, brokered by former French President Nicolas Sarkozy, ends a seven-year-old dispute centered around one of the world's richest mineral deposits that included a colorful list of characters f...Read More
HSBC raised its price target on China's NetflixHSBC raised its price target on iQIYI Inc (NASDAQ:IQ) stock to $25 from $20 overnight. Plus, CMB International said it was "bullish on iQiyi's subscription growth and margin improvement," and made note of the Beijing-based streaming name's "strong content pipeline, innovative ads, and manageable content cost with favorable licensing pricing trends."...Read More
Trump said he would postpone the March 1 deadlineDow Jones Industrial Average (DJI) futures are up over 100 points today, after President Donald Trump announced that he would be extending the March 1 deadline for tariff hikes on Chinese goods. The U.S. president tweeted that "substantial progress" in trade talks with China was made, and that he is planning a meeting with Chinese President Xi Jinpi...Read More
The volatility index is off to its worst year-to-date start on record in 2019The following is a reprint of the market commentary from the March 2019 edition of The Option Advisor, published on February 22. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.It was not quite a year ago in this space when we discussed a v...Read More
Bullish breadth is drawing headlines, but Goldman Sachs and Morgan Stanley sound downright bearish"...after an initial hesitation, the SPX pushed through the 2,758 level, which is 10% above its 2018 close... one should not be surprised to see a retreat below 2,758 in the absence of positive headlines this week ...The next obvious hurdle for the SPX is the round 2,800 area, which the index surrende...Read More
Mr. Darin Wagner reportsBALMORAL REPORTS 124.50 METRES GRADING 1.05 G/T GOLD FROM AFRIC GOLD DEPOSIT, NORTHSHORE JOINT VENTURE, ONTARIO Balmoral Resources Ltd. has received, from joint venture partner GTA Resources and Mining Inc., results from three drill holes completed on the Northshore property located near Schreiber, Ont., late in 2018. Two holes tested the Afric gold deposit beneath the prev...Read More
Mr. Darin Wagner reportsBALMORAL REPORTS 124.50 METRES GRADING 1.05 G/T GOLD FROM AFRIC GOLD DEPOSIT, NORTHSHORE JOINT VENTURE, ONTARIO Balmoral Resources Ltd. has received, from joint venture partner GTA Resources and Mining Inc., results from three drill holes completed on the Northshore property located near Schreiber, Ont., late in 2018. Two holes tested the Afric gold deposit beneath the prev...Read More
Mr. Keith Neumeyer reportsFIRST MAJESTIC ANNOUNCES FINANCIAL RESULTS FOR Q4 AND YEAR END 2018First Majestic Silver Corp. has released the consolidated financial results for the company's fourth quarter and year ended Dec. 31, 2018.The full version of the financial statements and the management discussion and analysis can be viewed on the company's website, on SEDAR and EDGAR. All amounts are in U....Read More
Mr. Keith Neumeyer reportsFIRST MAJESTIC ANNOUNCES FINANCIAL RESULTS FOR Q4 AND YEAR END 2018First Majestic Silver Corp. has released the consolidated financial results for the company's fourth quarter and year ended Dec. 31, 2018.The full version of the financial statements and the management discussion and analysis can be viewed on the company's website, on SEDAR and EDGAR. All amounts are in U....Read More
Mr. N. Eric Fier reportsSILVERCREST ANNOUNCES MORE HIGH-GRADE IN-FILL + EXPANSION DRILL RESULTSSilvercrest Metals Inc. has provided further phase III drill results for the Las Chispas property located in Sonora, Mexico. The 19 reported infill and expansion drill holes in this news release were targeting mineralization in the Babicanora vein, Babicanora Norte (Babi Norte) vein, the Babicanora footw...Read More
Mr. N. Eric Fier reportsSILVERCREST ANNOUNCES MORE HIGH-GRADE IN-FILL + EXPANSION DRILL RESULTSSilvercrest Metals Inc. has provided further phase III drill results for the Las Chispas property located in Sonora, Mexico. The 19 reported infill and expansion drill holes in this news release were targeting mineralization in the Babicanora vein, Babicanora Norte (Babi Norte) vein, the Babicanora footw...Read More
Niron Metals, headed by the former boss of Xstrata Mick Davis, will develop Guinea's Zogota iron ore deposit, previously owned by BSG Resources (BSGR).The news, confirmed via an emailed statement, follows a Monday agreement between Israeli tycoon Beny Steinmetz, BSGR's owner, and the government of Guinea over the rights to Simandou, one of the world's largest untapped reserves of iron ore."[BSGR's...Read More
Perth-based Titan Minerals (ASX: TTM) and Vancouver-based Core Gold (TSX-V: CGLD) announced that they are joining forces to create a diversified Latin America-focused, ASX-listed gold company with a portfolio of projects in Ecuador and Peru.In a press release, the miners explained that they signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gol...Read More
Perth-based Titan Minerals (ASX: TTM) and Vancouver-based Core Gold (TSX-V: CGLD) announced that they are joining forces to create a diversified Latin America-focused, ASX-listed gold company with a portfolio of projects in Ecuador and Peru.In a press release, the miners explained that they signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gol...Read More
Perth-based Titan Minerals (ASX: TTM) and Vancouver-based Core Gold (TSX-V: CGLD) announced that they are joining forces to create a diversified Latin America-focused, ASX-listed gold company with a portfolio of projects in Ecuador and Peru.In a press release, the miners explained that they signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gol...Read More
Vancouver-based Maverix Metals (TSX-V: MMX) revealed that it achieved record annual gold equivalent production for 2018 with an output of approximately 20,900 ounces. Such a figure exceeds the high end of the company's increased guidance of 19,000 ounces and represents an increase of 75% compared to 2017.According to Maverix, only in the fourth quarter of last year, it produced 5,650 equivalent ou...Read More
Vancouver-based Maverix Metals (TSX-V: MMX) revealed that it achieved record annual gold equivalent production for 2018 with an output of approximately 20,900 ounces. Such a figure exceeds the high end of the company's increased guidance of 19,000 ounces and represents an increase of 75% compared to 2017.According to Maverix, only in the fourth quarter of last year, it produced 5,650 equivalent ou...Read More
"Seahawk Ventures Inc. (CSE:SHV US:SEHKF) is a gold exploration company and the second-largest landholder in the Abitibi greenstone belt's Urban-Barry gold camp in Quebec, Canada. For more info https://t.co/mxJ7lRMvAO @SeahawkVentures #exploration #gold #abitibi #investing #INN"Read full newsRead More
Australian gold company Evolution Mining Ltd said on Monday it had acquired a 19.9 percent stake in smaller peer Tribune Resources Ltd for A$41.3 million ($29.55 million).Evolution said Tribune's major asset was its interest in the East Kundana mining operation in Western Australia, a joint venture between Northern Star Resources Ltd, Rand Mining Ltd and Tribune.Australian gold producers have stro...Read More
Australian gold company Evolution Mining Ltd said on Monday it had acquired a 19.9 percent stake in smaller peer Tribune Resources Ltd for A$41.3 million ($29.55 million).Evolution said Tribune's major asset was its interest in the East Kundana mining operation in Western Australia, a joint venture between Northern Star Resources Ltd, Rand Mining Ltd and Tribune.Australian gold producers have stro...Read More