Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More

Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More

Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More

Crude oil futures are down more than 4%The Dow Jones Industrial Average (DJI) is down more than 300 points at midday, due to disappointing earnings from Caterpillar (CAT). The S&P 500 Index (SPX) and tech-rich Nasdaq Composite (IXIC) are also lower, as traders weigh lowered guidance from chipmaker Nvidia (NVDA). Both companies cited weaker demand in China, amid the U.S.-China trade war. Elsewhere...Read More

India is on track to produce the most iron ore in nine years as independent miners extract more of the steel-making raw material before the expiry of their leases next year.The country is set to produce as much as 210 million metric tons in the financial year ending March 31, R.K. Sharma, secretary general at the Federation of Indian Mineral Industries, said in a phone interview from New Delhi. Th...Read More

Fosterville asset is a production and cash flow game changer and robust production growth is likely to sustain in the next few years.Fosterville asset has an AISC of less than $500 an ounce and as production from asset increases, the company's cash flow growth is likely to be strong.Ample cash with zero debt provides high financial flexibility for growth and exploration projects.Macassa Mine t...Read More

Nvidia call options have been popular in recent weeks Nvidia Corporation (NASDAQ:NVDA) is all over the news today, with the chip stock down a whopping 12.5% to trade at $138.30, after the company slashed its fourth-quarter revenue outlook to $2.2 billion versus the previous expectation of $2.7 billion. The semiconductor name cited weak China demand as a catalyst for the lowered forecast. But even...Read More

Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More

The retailer's CEO is leaving, effective Feb. 2The shares of Guess?, Inc. (NYSE:GES) are spiraling today on news Victor Herrero is stepping down as the retailer's CEO. Co-founder and Chairman of the Board Maurice Marciano will step in on an interim basis until Carlos Alberini -- who formerly served as GES' chief operating officer from 2000 through 2010, and is currently head of Lucky Brand -- take...Read More

Comstock Mining Inc. surges 43 percent in pre-market trading after announcing a definitive agreement to sell its Lucerne properties to Tonogold Resources for $15 million cash, and $8 million in relief of future lease and reclamation obligations.Deal includes $10 million in cash payments to Comstock in early 2019, helping the company eliminate debt; Comstock to receive another $5 million from Tonog...Read More

Caterpillar Inc. had the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment. The shares tumbled.The Deerfield, Illinois-based company also issued a 2019 profit forecast range which, at the low end, was below the average of analysts' expectations, adding to worries over mounting trade tensions that pummeled the heavy-e...Read More

Oil prices are still down sharply from the highs of October 2018, but the industry may still increase spending this year. The cost of developing new projects might rise along with higher spending levels.A survey of top industry executives by DNV GL suggests that capital spending on oil and gas could rise in 2019. Of the 791 senior professionals in the energy industry surveyed by DNV GL, 70 percent...Read More

* Mud from tailings dam hits Vale mine facilities* Disaster kills 58, hundreds still missing* Brazil orders Vale to halt Corrego do Feijao mine ops* Iron ore up as much as 6 pct before closing off highs* Analysts, traders see limited price impact in short termChinese iron ore futures soared to a 16-month peak on Monday after Brazil's mining agency ordered Vale SA, the world's biggest iron ore prod...Read More

* U.S. lifted sanctions on Rusal, En+ on Sunday* Rusal shares up 9 percent in Hong Kong* London aluminium prices down as much as 1.4 percent* Russian stock index rises to all-time high U.S. President Donald Trump's administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminium giant Rusal and its parent En+, despite a Democrat-led push to maint...Read More

There is room for analysts to issue more bull notes on GRUBThe shares of GrubHub Inc (NYSE:GRUB) are down 0.3% to trade at $80.56, as broad-market headwinds offset a Credit Suisse upgradeto "outperform" from "neutral" and a price-target hike to $130 from $125. The analyst in coverage waxed optimistic on the company's delivery network, market expansion, and new partnerships, and said the firm wou...Read More

Vale SA's deadly mine disaster in Brazil has created uncertainty for China's iron ore market at a time when demand for supply from the South American country is rising, multiple Chinese ore traders said on Monday.A dam holding mine waste at Vale's Corrego do Feijao mine collapsed on Friday, burying mining facilities and nearby homes in the town of Brumadinho, killing dozens and leaving the communi...Read More

The Brazilian Securities and Exchange Commission (CVM) has launched a probe into mining giant Vale SA's filings related to the mining dam collapse in the town of Brumadinho, where the collapse of a dam at the company's C??rrego do Feij??o mining complex on Friday killed at least 60, while more than 300 missing people are feared dead.According to local newspaper Valor Economico, CVM is investig...Read More

"It's been a bumpy 12 months for #mining finance. Our Mining Journal Intelligence Global Finance Report goes in-depth on current funding trends and which markets are best for miners and explorers | https://t.co/ddNLgGIoo0"Read full newsRead More

A former Cisco exec was appointed new COO of BlackBerry Mobile phone name BlackBerry Limited (NYSE:BB) just appointed Bryan Palma, a former Cisco (CSCO) senior vice president, as its new president and chief operating officer. In response, the shares of BB are slightly lower, down 1.1% at $8.01 -- set to break the equity's three-day winning streak. BlackBerry just endured its worst quarter since 2...Read More

CAT is sinking after a fourth-quarter profit miss and weak guidanceThe shares of Caterpillar Inc. (NYSE:CAT) are driving broad-market losses this morning, down 8.9% to trade at $124.71, and the worst stock on the Dow so far. The swing lower comes after the construction concern's disappointing fourth-quarter earnings report, with Caterpillar hinting at the negative impact of the U.S.-China trade wa...Read More