Caterpillar's Cat 797F large mining truck is now available in a fuel efficient configuration that meets U.S. EPA Tier 4 Final emissions standards. Through more than 16,000 hours of successful pilot machine operation and 100,000 hours of production truck operation in Tier 4 configuration, the system has proven its ability to deliver strong performance and greater fuel efficiency compared to the Tie...Read More
NVDA shares have consolidated below $160 recentlyThe shares of Nvidia Corporation (NASDAQ:NVDA) are up 1.9% to trade at $153.36, after the chipmaker agreed to buy Israel-based Mellanox Technologies (MLNX) for $6.8 billion in cash, the largest deal in the company's history. Nvidia reportedly beat out rival Intel (INTC) for the bid in an effort to expand data center technology. However, the company...Read More
Lengthy delays in securing mining permits and licences, onerous and inappropriate regulatory requirements, lack of funding for entrepreneurs, and a Mining Charter and implementation guidelines which are impractical for small operators - these are just some of the problems that confront start-up and existing alluvial diamond miners in the Northern Cape like Amo Marengwa and Lyndon de Meillon.Under...Read More
BA hasn't had six straight daily losses since NovemberThe shares of Boeing Co (NYSE:BA) are crumbling today, after one of the firm's 737 Max 8 planes run by Ethiopian Airlines crashed over the weekend -- resulting in 157 fatalities, and marking the second deadly crash for this specific plane in the last six months. In reaction, China, Indonesia, and Ethiopian Airlines have grounded 737 Max 8 aircr...Read More
Axovant stock is pacing for its best day in months The shares of biotechnology concern Axovant Sciences Ltd (NASDAQ:AXGT) are up 54% at $2.28 in early trading after announcing successful phase 2 trial results for itsParkinson's treatment, AXO-Lenti-PD. The news has the penny stock at the top of the Nasdaq and pacing for its best day in months. The equity has filly its early December bear gap in t...Read More
This article is reprinted by permission from NerdWallet. When the American ExpressAXP, +1.46% Gold Card relaunched in October 2018, the rich rewards it promised at restaurants made it one of the top credit cards for dining available. Cardholders are supposed to earn 4 points per dollar spent at U.S. restaurants (terms apply). But some have been reporting that the card doesn't consistently del...Read More
Russian gold and silver producer Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent, the company said on Monday. Gold reserves rose 21 percent to 22.3 million ounces, while silver reserves fell 15 percent to 135 million ounces last year, Polymetal said.Mineral resources rose 44 percent to 26.3 million ounces of gold equivalent, the company said.(By...Read More
Russian gold and silver producer Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent, the company said on Monday. Gold reserves rose 21 percent to 22.3 million ounces, while silver reserves fell 15 percent to 135 million ounces last year, Polymetal said.Mineral resources rose 44 percent to 26.3 million ounces of gold equivalent, the company said.(By...Read More
Japanese trading house Sojitz Corp said on Monday in a statement it would sell its 30 percent stake in the Bara Alam Utama (BAU) thermal coal mine in South Sumatra, Indonesia, to an existing partner for an undisclosed sum.The deal reflects the company's effort to rebalance its coal assets, shifting away from thermal coal investment and focusing more on coking coal, amid growing global concerns for...Read More
Fed Chair Jerome Powell continues to express optimism over the U.S. economyDow Jones Industrial Average (DJI) futures are getting clobbered this morning, trading nearly 200 points below fair value, in the wake of a deadly crash of a Boeing (BA) 737 Max 8 airplane operated by Ethiopian Airlines over the weekend. This is the second fatal crash involving the aircraft in six months. The blue-chip ind...Read More
It's amazing what just talking it out can achieve. After a parade of insults, suspect numbers and pitch decks, Barrick Gold Corp. and Newmont Mining Corp. have agreed to a deal. It isn't the deal Barrick originally pushed for; namely, a hostile full takeover of its rival. Instead, they will holster their Excel models and form a partnership in the one asset anyone really cares about: their Nevad...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
If Friday's close marks a meaningful low, it could be an entry point for bulls"...with 2,800 on many radar screens due to the action around this level that I just described in late 2018, potential buyers may perceive danger at 2,800, potentially flipping the supply-demand equation back in favor of the bears...At the risk of saying, 'this time is different,' perhaps it is best to describe what I se...Read More
Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.The companies made the announcement by issuing a press release in which...Read More
Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.The companies made the announcement by issuing a press release in which...Read More
Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.The companies made the announcement by issuing a press release in which...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More