The transformation brought by renewable energies will alter the global distribution of power, relations between states, and the environmental drivers of geopolitical instability, according to a major international study published on Friday (11 January).Read full newsRead More
The significant diamond sector reforms being enacted by the President of Angola, His Excellency Joao Lourenco, to grow investment into the Angolan mining sector, will take another major step forward this month as the inaugural competitive bid sale of large and premium-quality diamonds from the high-quality Lulo diamond mine takes centre stage in the Angolan capital of Luanda.This commitment is nec...Read More
The significant diamond sector reforms being enacted by the President of Angola, His Excellency Joao Lourenco, to grow investment into the Angolan mining sector, will take another major step forward this month as the inaugural competitive bid sale of large and premium-quality diamonds from the high-quality Lulo diamond mine takes centre stage in the Angolan capital of Luanda.This commitment is nec...Read More
Regional heads of state backed a call by Democratic Republic of Congo opposition leader Martin Fayulu for a recount of last month's presidential election, as the country's Constitutional Court prepared to consider his challenge against the result.Opposition leader Felix Tshisekedi was declared the surprise winner of the Dec. 30 poll. If the Constitutional Court validates the electoral commission's...Read More
Regional heads of state backed a call by Democratic Republic of Congo opposition leader Martin Fayulu for a recount of last month's presidential election, as the country's Constitutional Court prepared to consider his challenge against the result.Opposition leader Felix Tshisekedi was declared the surprise winner of the Dec. 30 poll. If the Constitutional Court validates the electoral commission's...Read More
JPM has closed lower the day after earnings in six of the last eight quartersEarnings season gets underway this week, with several big-cap financial names set to report. Citigroup (C) took its turn in the earnings confessional bright and early this morning, unveiling a sharp drop in fixed-income trading revenue. While C stock was last seen trading higher, sector peer JPMorgan Chase & Co. (NYSE:JPM...Read More
JOHANNESBURG - South Africa's Association of Mineworkers and Construction Union (AMCU) is planning to strike at Sibanye-Stillwater's local platinum operations, it said on Monday, expanding an earlier stoppage affecting its gold facilities.Since the union downed tools at Sibanye's gold operations in mid-November, four employees have been killed during strike-related violence and the firm has said i...Read More
JOHANNESBURG - South Africa's Association of Mineworkers and Construction Union (AMCU) is planning to strike at Sibanye-Stillwater's local platinum operations, it said on Monday, expanding an earlier stoppage affecting its gold facilities.Since the union downed tools at Sibanye's gold operations in mid-November, four employees have been killed during strike-related violence and the firm has said i...Read More
Australia's Peninsula Energy Ltd (ASX:PEN) is on track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, US for the financial year ending June 30, 2019.The company's production during the December 2018 quarter was 20,364 pounds of U3O8, slightly below the quarterly guidance range of 22,500 to 27,500 pounds U3O8 s...Read More
Wall Street is overwhelmingly bearish on SnapSocial media name Snap Inc (NYSE:SNAP) received some rare upbeat attention from the analyst community this morning. Citigroup upgraded its opinion on the security to "neutral" from "sell" and lifted its price target to $7 from $6, listing a number of potential positives for the company. To be more specific, Citi is expecting a new version of the Snapcha...Read More
OSLO - Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.The global initiative, launched by Britain's former prime minister Tony Blair in 2002, requires member countries to disclose how they allocat...Read More
OSLO - Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.The global initiative, launched by Britain's former prime minister Tony Blair in 2002, requires member countries to disclose how they allocat...Read More
OSLO - Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.The global initiative, launched by Britain's former prime minister Tony Blair in 2002, requires member countries to disclose how they allocat...Read More
"Negative, high-profile shifts in #investmentrisk profile for two of #Africa's most prominent #mining addresses cast a dark shadow over the continent in 2018 https://t.co/sX2rffvMk7 #MJWorldRiskReport #investment #finance #gold #guinea #burkinafaso #mali #DRC #mozambique #tanzania"Read full newsRead More
BOOT stock is up after the company announced preliminary earnings The shares of Boot Barn Holdings Inc (NYSE:BOOT) are up 11.7% at $21.65 in early trading, after the company's preliminary fiscal third-quarter earnings forecast exceeded analyst expectations. The retail name is already a top performer on the New York Stock Exchange today, and is set for its best session since August. BOOT stock just...Read More
The brokerage firm cited weak average selling prices for NAND and DRAMThe shares of Micron Technology, Inc. (NASDAQ:MU) are down 4.6% at $34.35, after Morgan Stanley cut its full-year earnings estimate for the chipmaker, citing weak NAND and DRAM prices. Analyst Joseph Moore now sees Micron reporting current-quarter earnings of $1.52 per share, and a 2019 profit of $6.83 per share -- the second lo...Read More
MBOT shed 88.8% in 2018The shares of Microbot Medical Inc (NASDAQ:MBOT) are up a whopping 70% in electronic trading this morning, after the medical device maker was granted a patent for its ViRob technology platform by the European Patent Office. The company also reported upbeat study results from its self-cleaning shunt designed for traumatic brain injury. MBOT is set to open as the top stock o...Read More
Citigroup stock is set to fall after earningsDow Jones Industrial Average (DJI) futures are trading below fair value this morning, as Wall Street prepares for fourth-quarter earnings season. Banking name Citigroup (C) kicked things off bearishly this morning, reporting a surprise drop in quarterly revenue, setting the stage ahead of earnings reports from fellow big banks throughout the week. Weak...Read More
Get the details on this cannabis company before it catches Wall Street's attention!The rapidly growing cannabis space has provided some of the most exciting investmentopportunities, and investors are trying to get their hands on the next explosive stock, and one company has been catching the eye of investors... to the tune of $4 billion!A report from the cannabis industry research firm BDS Analyti...Read More
Russia's Alrosa (MCX:ALRS), the world's top diamond producer by output, is returning to Zimbabwe after almost two years, as the company continues to expand in Eurasia.The miner will develop exploration and extraction operations in the country as long as it counts with support of the government, it said on the eve of talks in Moscow between Zimbabwe's President and Vladimir Putin.Alrosa opened an...Read More