The company reported fiscal second-quarter revenue that fell shortThe shares of Microsoft Corporation (NASDAQ:MSFT) are down 2.3% at $103.92 -- dragging on the Dow -- after the company reported fiscal second-quarter revenue below analysts' expectations. The company cited a strengthening U.S. dollar, slowing Azure revenue growth, and a personal computing segment revenue miss for the disappointing n...Read More
PFE shares recently came into contact with their 200-day moving averageComing off the company's earnings release on Tuesday, Pfizer Inc. (NYSE:PFE) just received an upgrade to "outperform" from "neutral" at Credit Suisse, which bumped up its price target to $47 from $45. This is overshadowing a minuscule price-target reduction out of Independent Research, from $44 to $43. PFE shares are trading hi...Read More
Additional 110,000t of LCE and 36,000t of cobalt forecast for 2019Read full newsRead More
Zijin completes acquisition of Nevsun.The new Barrick Gold starts trading as GOLD. What comes next?Newmont and Goldcorp to combine forces. Is it a good move?Here's a look at that news and more top news in the gold sector for January 2019.Top Gold Mining News for January 2019 I am here to provide you with the top news in the gold mining sector for January 2019. Well, things are looking pretty g...Read More
This article is an update to the view that we expressed here on Silver during the past couple of months. The precious metal apparently broke through a bearish mid-term trend support as we publish this article. Therefore, it is reasonable to reassess the outlook for silver. To recap briefly, we presented a long asymmetric risk/reward trade idea on November 15th, 2019. The nearest silver future was...Read More
The brokerage firm downgraded the stock and cut its price targetGoldman Sachs downgraded H & R Block Inc (NYSE:HRB) stock to "sell" from "neutral," and lowered its price target to $22 from $27 -- a discount to last night's close at $25.52. Analyst George Tong said U.S. tax reform and the ending of many promotions this year will likely lead to falling assisted tax volume for the company.In reaction...Read More
Brazil's Minas Gerais state labour prosecutors have frozen more than 800 million reais ($219 million) of Vale's funds as compensation for victims of last week's tailing burst, which killed at least 99 people.People located at and near Brumadinho, the town where the breach occurred, are now facing the dangers associated with having toxic elements in the Parapoeba river, which flows into Sao Franci...Read More
Brazil's Minas Gerais state labour prosecutors have frozen more than 800 million reais ($219 million) of Vale's funds as compensation for victims of last week's tailing burst, which killed at least 99 people.People located at and near Brumadinho, the town where the breach occurred, are now facing the dangers associated with having toxic elements in the Parapoeba river, which flows into Sao Franci...Read More
Botswana's first privately owned coal mine will produce its first saleable coal in March, the chief executive of the company overseeing the project told Reuters.The Masama Coal Mine aims to produce 1.2 million tonnes per annum of coal and will target the South African market as well as other countries in the region, Minergy Chief Executive Andre Boje said."We should ramp up to the nameplate volume...Read More
* One source sees deal signing in first quarter of 2019* Brazil's CSN working to cut debt pile* Iron ore prices rise after Brazil mining dam failureGlobal trader Glencore is close to finalising a deal to make a $500 million payment to the mining arm of Brazil's Companhia Siderurgica Nacional (CSN) for iron ore cargoes to be delivered over five years, sources familiar with the matter said.One sourc...Read More
The DJI, on the other hand, is lower after DowDuPont earningsU.S. stock futures are trading mixed this morning, coming off of yesterday's Fed-driven rally. While the Dow Jones Industrial Average (DJI) is set for a lower open with DowDuPont (DWDP), the tech-heavy Nasdaq-100 Index (NDX) is eyeing a strong start, as traders applaud Facebook's (FB) strong financial results. General Electric (GE) share...Read More
Today, the Honourable Greg Rickford, Minister of Energy, Northern Development and Mines, issued the following statement on the East-West Tie Line Project:"Ontario's Government working for the People has taken decisive action to designate NextBridge as the transmitter to build a 450-kilometer, double-circuit transmission line from Thunder Bay to Wawa, known as the East-West Tie Line Project, to ens...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
Canada's Avalon Advanced Materials (TSX: AVL) and Australia's Cheetah Resources announced this week that they have joined forces to work on the development of the rare earth resources on the Nechalacho project near Yellowknife, in Canada's Northwest Territories.In order to move forward with such a plan, the companies signed a binding Terms Sheet under which Cheetah will acquire ownership of the ne...Read More
Canada's First Vanadium (TSX-V: FVAN) is extending its Nevada-based Carlin project, considered the largest, highest grade primary vanadium deposit in North America, by acquiring the southern extension of the asset.The strategic move, announced Thursday, gives the company mineral rights to an additional 200-metre strike length of Carlin.Strategic move gives the company mineral rights to an additi...Read More
* Copper cancelled warrants help boost prices * Zinc touch 3-month high, nickel touches 4-month high (Updates with closing prices)By Pratima DesaiLONDON, Jan 31 (Reuters) - Copper prices hit seven-weekhighs on Thursday as the dollar slipped after the U.S. centralbank signalled further interest rate rises could be shelved, butgains were capped by shrinking activity in China's manufacturingsector.Be...Read More