OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.OceanaGold intends to drill 14,5...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.OceanaGold intends to drill 14,5...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.OceanaGold intends to drill 14,5...Read More
Aphria just signed an agreement to create cannabis-based transdermal patchesThe shares of Aphria Inc (NYSE:APHA) are up 3.7% at $10.05 in early trading, after the marijuana concern said it signed an agreement with Manna Molecular Science to create new cannabis oil transdermal patches for medical and recreational use. As part of the agreement, Aphria has exclusive licensing rights to the product fo...Read More
FAST has added 15.5% year-over-year Fastenal Company (NASDAQ:FAST) is up 15.5% year-over-year and has already added 19.8% in 2019. During this climb, the stock overcame staunch technical resistance located at the $60 level, and in early February successfully re-tested this area as support. FAST has gone on to trade above its October and December 2018 highs, and shrugged off a KeyBanc downgrade to...Read More
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) began a feasibility study on Goldboro in February that it expects to finish by the end of 2019. The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017 and 2018 as well as the ongoing bulk sample, and an updated mineral resource the company expects to table in 2019's third quarter.The company tabled an update...Read More
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) began a feasibility study on Goldboro in February that it expects to finish by the end of 2019. The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017 and 2018 as well as the ongoing bulk sample, and an updated mineral resource the company expects to table in 2019's third quarter.The company tabled an update...Read More
Wet weather may have negatively impacted Home Depot's resultsEtsy Inc (NASDQ:ETSY) stock is trading up 14.3% this morning at $67.07, already hitting a record high of $68.91, after the e-commerce company's quarterly earnings report yesterday evening. Not only did earnings and revenue come in above analysts's expectations, but the company's 2019 outlook was also strong. As such, at least four broker...Read More
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) began a feasibility study on Goldboro in February that it expects to finish by the end of 2019. The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017 and 2018 as well as the ongoing bulk sample, and an updated mineral resource the company expects to table in 2019's third quarter.The company tabled an update...Read More
Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world's biggest mining houses.Both are betting that the world's need for their resources, particularly copper and cobalt, will keep the tax receipts flowing.Right now, however, the pu...Read More
Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world's biggest mining houses.Both are betting that the world's need for their resources, particularly copper and cobalt, will keep the tax receipts flowing.Right now, however, the pu...Read More
The man proposing to buy Newmont Mining Corp. in the world's biggest gold takeover is the same person who was blamed for the deal falling apart five years ago - Barrick Gold Corp. Chairman John Thornton.On Monday, Barrick went hostile in its bid to acquire Newmont in a $17.8 billion bid that values the Colorado-based gold miner at an 8 percent discount to Friday's close. The offer was blasted by N...Read More
Mr. William Pincus reportsMIRAMONT ACQUIRES NEW CONCESSION ADJACENT TO CERRO HERMOSOMiramont Resources Corp. has signed an option agreement to acquire the An An concession adjacent to its existing Cerro Hermoso project. Miramont has now consolidated a total of 1,886 hectares at the project with the addition of this 568-hectare concession.The An An concession borders the existing Cerro Hermoso conc...Read More
Mr. William Pincus reportsMIRAMONT ACQUIRES NEW CONCESSION ADJACENT TO CERRO HERMOSOMiramont Resources Corp. has signed an option agreement to acquire the An An concession adjacent to its existing Cerro Hermoso project. Miramont has now consolidated a total of 1,886 hectares at the project with the addition of this 568-hectare concession.The An An concession borders the existing Cerro Hermoso conc...Read More
ZYNE has already added 70% so far this yearThe shares of Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) are soaring in electronic trading trading, last seen up 15.3%. Boosting the stock is news the drug name received a U.S. patent for its cannabidiol (CBD) treatment for Fragile X syndrome. With today's expected surge, the stock is set to break back above the 120-day trendline -- a mark that has acted...Read More
During the fourth quarter of 2018, Alamos Gold generated revenues of $163.1 million. Revenues were up 0.9% from the same quarter a year ago and up 11.2% sequentially.The company intends to purchase for cancellation up to 25,513,043 common shares, representing 10% of the Company's public float. AGI bought already bought 2.4 million shares at $4.07.Furthermore, the company is doubling the dividend t...Read More
The trendline emerged as support late last weekCaterpillar Inc. (NYSE:CAT) stock is down 3.6% in electronic trading, after UBS double downgraded the blue chip to "sell" from "buy, and slashed its price target to $125 from $154 -- an 11.6% discount to last night's close at $141.41. The brokerage firm said slowing global construction sales will likely pressure CAT's revenue and margins, and spark an...Read More
• Trades with modest losses for the second consecutive session. • Bulls fail to capitalize on the risk-off mood/subdued USD demand. • The Fed Chair Jerome Powell’s testimony eyed for fresh impetus. Gold extended its steady decline from intraday highs, around the $1330 area, and is currently placed at the lower end of...Read More
SPOT has gained 44.5% since its Christmas Eve bottomThe shares of Spotify Technology SA (NYSE:SPOT) are down 2% in electronic trading, after a Wall Street Journal (subscription required) report indicated lawmakers in Washington D.C. were toying with the idea of overhauling music licensing rules. On the charts, Spotify stock has had a rip-roaring start to 2019, adding 31.5% year-to-date, now near...Read More
Home Depot and Caterpillar stocks are slipping in pre-market tradingDow Jones Industrial Average (DJI) futures are lower today, dragged down by Caterpillar (CAT) and Home Depot (HD) stocks. Specifically, CAT received a downgrade to "sell" from UBS, and HD reported fourth-quarter earnings that fell short of expectations. In addition, Wall Street is weighing the S&P Corelogic Case-Shiller home price...Read More