NYT shares are trading at 13-year highsNew York Times (NYSE:NYT) shares are up 12.7% today at $30.28, and earlier hit a 13-year high of $30.56. The company this morning posted stronger-than-expected fourth-quarter top- and bottom-line results, while also raising its dividend. Much of the strength stemmed from the media giant's digital efforts, where subscriber growth impressed -- a trend some anal...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially defined in its 2018 phase three resource definition drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole including 1 metre at 466...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially defined in its 2018 phase three resource definition drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole including 1 metre at 466...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially defined in its 2018 phase three resource definition drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole including 1 metre at 466...Read More
SAO PAULO, Feb 6 (Reuters) - Brazilian iron ore miner Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, killing an estimated 300 people, two days before the disaster, Globo TV reported on Wednesday.Namba also said he felt "pressured" by Vale employees to certify the dam that later burst in Brumadinho was stableAn exchange of emails b...Read More
If, as they say, it is darkest just before the dawn, then surely for gold at least, the sun must be cresting the horizon now ? After seven disappointing years - in US dollars at least - it is hard to shake off some scepticism. That said, gold is showing vigour in no less than 72 currencies where it is at or close to an all-time high. Looking ahead - it is our view that gold is currently firing on...Read More
Copper production in Democratic Republic of Congo, Africa's top producer, rose 12.9 percent in 2018 to 1.2 million tonnes, the Chamber of Commerce said in a presentation on Wednesday.Output of cobalt, a key component of electric car batteries, rose 43.8 percent to 106,439 tonnes, while gold production increased by 22.6 percent to 28,539 kg.(By Joe Bavier and Sofia Christensen; Editing by Louise He...Read More
John C. Plant - Image from ArconicU.S. aluminum products maker Arconic Inc said Chairman John Plant will take on the additional role of chief executive officer on Wednesday, weeks after it rejected a takeover bid by private equity firm Apollo Global Management.Shares of the company, which counts top planemakers Boeing Co and Airbus SE among its customers, were down 1.6 percent at $18.50.Plant will...Read More
Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") CEO Stephen Burega is pleased to announce that Angkor is actively pursuing oil and gas opportunities in Cambodia in addition to its ongoing mineral exploration projects.Read full newsRead More
Red Pine Exploration Inc (TSXV:RPX) (Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF)(Read full newsRead More
These two stocks have been volatile after earnings in recent yearsMeal delivery firm GrubHub Inc (NYSE:GRUB) is scheduled to report earnings before the open tomorrow, Feb. 7, while travel expert Expedia Group Inc (NASDAQ:EXPE) will reveal its quarterly report after the close tomorrow. Ahead of the events, options traders are betting on double-digit swings from shares of both GRUB and EXPE. Startin...Read More
Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in the Democratic Republic of Congo "definitely" has the potential to become the world's second-largest red metal mine."Kamoa-Kakula will become the world's second-largest copper mine with peak annual production...Read More
Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in the Democratic Republic of Congo "definitely" has the potential to become the world's second-largest red metal mine."Kamoa-Kakula will become the world's second-largest copper mine with peak annual production...Read More
Angola's state-owned diamond firm Endiama sees production rising to 13.8 million carats in 2022 compared with 9.5 million carats forecast for this year, a senior official said on Wednesday.Production in 2018 was 9.4 million carats, Endiama's director of geology, Kapingana Mandavela, told an African mining conference.(By Wendell Roelf; Editing by James Macharia)Read More
Angola's state-owned diamond firm Endiama sees production rising to 13.8 million carats in 2022 compared with 9.5 million carats forecast for this year, a senior official said on Wednesday.Production in 2018 was 9.4 million carats, Endiama's director of geology, Kapingana Mandavela, told an African mining conference.(By Wendell Roelf; Editing by James Macharia)Read More
Samarco Mineracao SA, the Brazilian mining venture that hasn't operated since a deadly dam collapse in 2015, will seek to reboot talks with creditors after one of its parent companies suffered an even worse disaster at its own site, according to people involved in the discussions.Last month's deadly accident at a Vale SA tailings dam in Minas Gerais state has upended the outlook for Samarco, which...Read More
GM and CPRI are two post-earnings gainers todayThe Dow Jones Industrial Average (DJI) is struggling for direction at midday, with the blue-chip index pacing toward its first loss in four days.The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are in the red, too, with the former on track to snap its five-day winning streak, and a tech sector pullback weighing on the latter. Investors are also...Read More
Bolivia has chosen a Chinese consortium to help it produce lithium, the government said on Wednesday, giving China a potential foothold in the country's huge untapped reserves of the prized electric battery metal.China's Xinjiang TBEA Group Co Ltd will hold a 49 percent stake in a joint venture with Bolivia's state lithium company YLB, the Bolivian firm said. Together, the two companies will produ...Read More
TWTR stock tends to make big moves after earningsWith Twitter Inc (NYSE:TWTR) set to report fourth-quarter earnings ahead of open tomorrow, Feb. 7, call volume is accelerated on the social media stock today. At last check, around 40,000 calls have traded on TWTR stock -- two times what's typically seen at this point -- with the weekly 2/8 options series in focus.More specifically, the weekly 2/8 3...Read More