SQ shares are trading higher after a bull noteSquare Inc (NYSE:SQ) is trading 1.1% higher this morning at $74.75, after Macquarie began coverage on the stock with an "outperform" rating and $94 price target. The brokerage firm said that the company makes accepting payments as simple as signing up for Netflix, making it easier for people to run their businesses. Despite a year-over-year lead of 38%...Read More
The U.S. trade deficit shrunk in JanuaryDow Jones Industrial Average (DJI) futures are struggling for direction, under pressure once more from the 10-year Treasury yield, which earlier fell to 2.35% -- its lowest point since December 2017. Following yesterday's weak economic data, Wall Street is also eyeing the latest trade data, which saw the U.S. trade deficit shrink to $51.1 billion in January...Read More
Mitsubishi Corporation announced on May 30, 2018 that it had reached an agreement for the sale of its 50% ownership interest in BMA's Gregory Crinum (GC) coking coal mine in Australia, which is currently under care and maintenance, held by wholly owned subsidiary Mitsubishi Development Pty. Ltd., to Sojitz Corporation. The sale was successfully completed on March 27, 2019.BHP, the holder of the re...Read More
South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home market, chief executive Neal Froneman said on Wednesday.The precious metals producer, which has both gold and platinum mines in South Africa and platinum group metals (PGM) operations in the United States, said it was looking into opportun...Read More
South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home market, chief executive Neal Froneman said on Wednesday.The precious metals producer, which has both gold and platinum mines in South Africa and platinum group metals (PGM) operations in the United States, said it was looking into opportun...Read More
Jiangxi Copper Co., one of China's top producers, said on Wednesday 2018 net profit rose 52.4 percent year on year as a hedging gain boosted its bottom line in a poor year for the metal used in manufacturing and construction.The Nanchang-based company, which in January flagged an expected increase in annual profit of around 50 percent, posted net income of 2.45 billion yuan for last year, up from...Read More
Jiangxi Copper Co., one of China's top producers, said on Wednesday 2018 net profit rose 52.4 percent year on year as a hedging gain boosted its bottom line in a poor year for the metal used in manufacturing and construction.The Nanchang-based company, which in January flagged an expected increase in annual profit of around 50 percent, posted net income of 2.45 billion yuan for last year, up from...Read More
* Gold saw worst one-day pct fall in nearly 2 weeks on Tues* Market eyes Brexit vote at 1900 GMT * GRAPHIC-2019 asset returns: (Updates prices)By Sumita LayekMarch 27 (Reuters) - Gold prices edged up on Wednesday asweak stock markets and falling bond yields reflected worriesabout a global economic slowdown and lifted safe-haven assets.Spot gold was up 0.1 percent at $1,316.61 per ounceas of 1323 G...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Wednesday it was working with the United Nations Environment Programme (UNEP) and ethical investors to devise global standards for tailings dams.The initiative is in response to the recent tragedy at Vale's Corrego do Feij??o mine in Brazil, where a tailings collapsed in Janua...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Wednesday it was working with the United Nations Environment Programme (UNEP) and ethical investors to devise global standards for tailings dams.The initiative is in response to the recent tragedy at Vale's Corrego do Feij??o mine in Brazil, where a tailings collapsed in Janua...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Wednesday it was working with the United Nations Environment Programme (UNEP) and ethical investors to devise global standards for tailings dams.The initiative is in response to the recent tragedy at Vale's Corrego do Feij??o mine in Brazil, where a tailings collapsed in Janua...Read More
The western Canadian Province of British Columbia approved a 5-year extension of Seabridge Gold's (TSX: SEA) (NYSE: SA) Environmental Assessment certificate for the KSM project, which has been described as one of the largest undeveloped gold projects in the world, measured by reserves.Located in north-western British Columbia, KSM has proven and probable reserves of 38.2 million ounces of gold a...Read More
The western Canadian Province of British Columbia approved a 5-year extension of Seabridge Gold's (TSX: SEA) (NYSE: SA) Environmental Assessment certificate for the KSM project, which has been described as one of the largest undeveloped gold projects in the world, measured by reserves.Located in north-western British Columbia, KSM has proven and probable reserves of 38.2 million ounces of gold a...Read More
The western Canadian Province of British Columbia approved a 5-year extension of Seabridge Gold's (TSX: SEA) (NYSE: SA) Environmental Assessment certificate for the KSM project, which has been described as one of the largest undeveloped gold projects in the world, measured by reserves.Located in north-western British Columbia, KSM has proven and probable reserves of 38.2 million ounces of gold a...Read More
Margaux Resources (TSXV: MRL) executed a definitive agreement this week with Wildsky Resources (TSXV: WSK) that refers to an option to acquire a 100% interest in the Cassiar gold project in northern British Columbia.The property, including all existing infrastructure such as a 270 tonne per day flotation and gravity mill and a tailings storage facility, is held by Cassiar Gold, a wholly-owned subs...Read More
Margaux Resources (TSXV: MRL) executed a definitive agreement this week with Wildsky Resources (TSXV: WSK) that refers to an option to acquire a 100% interest in the Cassiar gold project in northern British Columbia.The property, including all existing infrastructure such as a 270 tonne per day flotation and gravity mill and a tailings storage facility, is held by Cassiar Gold, a wholly-owned subs...Read More
Margaux Resources (TSXV: MRL) executed a definitive agreement this week with Wildsky Resources (TSXV: WSK) that refers to an option to acquire a 100% interest in the Cassiar gold project in northern British Columbia.The property, including all existing infrastructure such as a 270 tonne per day flotation and gravity mill and a tailings storage facility, is held by Cassiar Gold, a wholly-owned subs...Read More
Looking at how the S&P 500 has historically behaved after a big quarterly reboundStocks have rebounded nicely since a disastrous fourth quarter in 2018. The S&P 500 Index (SPX) fell 14% in the final three months of last year. The index has made up most of that, gaining over 12% this year, with a few more days to go in the first quarter. This week, I'll look at prior instances when the index lost d...Read More
* FTSE 100 down 0.03 pct * FTSE 250 down 0.01 pct * Oil weighs on the index, financials gain * Debenhams surges on Sports Direct's possible bid * Midcap Avast drops after discounted stake sale (Adds company news items, changes quote, updates to closingprices throughout)By Muvija M and Yadarisa ShabongMarch 27 (Reuters) - London's FTSE 100 struggled to stayafloat ahead of indicative votes on a seri...Read More
Economist Mike Schussler said it's not only employees who stand to lose their jobs, but other industry players will also be affected.Read full newsRead More