Ecuador-focused explorer SolGold (LON, TSX:SOLG) said Friday it was "surprised and disappointed" at how quickly Cornerstone Capital Resources (TSX-V:CGP) dismissed a takeover approach, adding that it will bring the offer directly to the target's shareholders.Last month, SolGold put forward what it called a "premium" offer for Cornerstone's 15% share of the Cascabel copper-gold project in exchange...Read More
Ecuador-focused explorer SolGold (LON, TSX:SOLG) said Friday it was "surprised and disappointed" at how quickly Cornerstone Capital Resources (TSX-V:CGP) dismissed a takeover approach, adding that it will bring the offer directly to the target's shareholders.Last month, SolGold put forward what it called a "premium" offer for Cornerstone's 15% share of the Cascabel copper-gold project in exchange...Read More
Fellow toy stock Hasbro is set to slump post-earnings, thoughThe shares of Mattel, Inc. (NASDAQ:MAT) are up 16.1% in electronic trading, which would mark their biggest one-day gain since a 20.7% surge in November 2017. The toy stock is reacting to the company's unexpected fourth-quarter profit of 4 cents per share, while revenue of $1.52 billion also came in above estimates. Mattel cited strong Ba...Read More
Ecuador-focused explorer SolGold (LON, TSX:SOLG) said Friday it was "surprised and disappointed" at how quickly Cornerstone Capital Resources (TSX-V:CGP) dismissed a takeover approach, adding that it will bring the offer directly to the target's shareholders.Last month, SolGold put forward what it called a "premium" offer for Cornerstone's 15% share of the Cascabel copper-gold project in exchange...Read More
Ecuador-focused explorer SolGold (LON, TSX:SOLG) said Friday it was "surprised and disappointed" at how quickly Cornerstone Capital Resources (TSX-V:CGP) dismissed a takeover approach, adding that it will bring the offer directly to the target's shareholders.Last month, SolGold put forward what it called a "premium" offer for Cornerstone's 15% share of the Cascabel copper-gold project in exchange...Read More
At least 13 price-target hikes have been issued already on EXPEThe shares of Expedia Group Inc (NASDAQ:EXPE) are up 6.7% in electronic trading, after the travel operator reported fourth-quarter adjusted earnings of $1.24 cents per share, well above the consensus per-share estimate of $1.08, while revenue of $2.56 billion also beat the $2.54 billion forecast. Analysts are toasting the upbeat repo...Read More
Trade-sensitive stocks like Boeing are in the redDow Jones Industrial Average (DJI) futures are down triple digits again today, amid lingering concerns about global trade. Specifically, President Donald Trump said he has no plans to meet with Chinese President Xi Jinping prior to the March 1 deadline to come to a trade agreement. As such, trade-sensitive stocks like Boeing (BA) are lower ahead of...Read More
South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent lower than this time last year.The gold miner said a 915 million rand ($67 million) depreciation charge, lower derivatives gains and unfavourable currency conversion hit earnings, while costs also rose 6 percent.Headline earnings per share - a key profit measure in South Afric...Read More
South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent lower than this time last year.The gold miner said a 915 million rand ($67 million) depreciation charge, lower derivatives gains and unfavourable currency conversion hit earnings, while costs also rose 6 percent.Headline earnings per share - a key profit measure in South Afric...Read More
VCRA had been a strong performer on the charts Vocera Communications Inc (NYSE:VCRA), a provider of a variety of mobile solutions for industries like healthcare and hospitality, has seen its stock rise on the charts in recent years. But today the shares are setting up for a sell-off, down 21.9% in pre-market trading, after the company's quarterly results. For the fourth quarter, Vocera's revenue c...Read More
Iron ore futures surged more than 5 percent to hit the highest level since 2014 on concern that the increasingly severe crisis at top producer Vale SA will curtail global supplies, tightening the seaborne market and offsetting the impact of a slowdown in China, the largest importer.Vale invoked force majeure earlier this week after a judge forced it to suspend some operations at its Brucutu mine i...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
American Manganese (TSX.V: AMY; FRANK: 2AM) announced this week that its partner Kemetco Research had started the processing of a select sample of cathode scrap material through Stages 1 and 2 of a Pilot Plant built to recycle cobalt, nickel, manganese, and aluminum.In a press release, the British Columbia-based company said the commencement of the pilot plant followed a hazard and operability stu...Read More
American Manganese (TSX.V: AMY; FRANK: 2AM) announced this week that its partner Kemetco Research had started the processing of a select sample of cathode scrap material through Stages 1 and 2 of a Pilot Plant built to recycle cobalt, nickel, manganese, and aluminum.In a press release, the British Columbia-based company said the commencement of the pilot plant followed a hazard and operability stu...Read More
Heavy rains in northern Chile, which forced state miner Codelco to halt operations at its Chuquicamata and Ministro Hales copper mines, have also impacted Freeport-McMoRan's El Abra.Codelco, the world's No.1 copper producer, said Friday it had sent its daytime shift of workers home as a preventative measure and would evaluate whether to cancel its night shift as well.Freeport-McMoran (NYSE: FCX),...Read More
Heavy rains in northern Chile, which forced state miner Codelco to halt operations at its Chuquicamata and Ministro Hales copper mines, have also impacted Freeport-McMoRan's El Abra.Codelco, the world's No.1 copper producer, said Friday it had sent its daytime shift of workers home as a preventative measure and would evaluate whether to cancel its night shift as well.Freeport-McMoran (NYSE: FCX),...Read More
Heavy rains in northern Chile, which forced state miner Codelco to halt operations at its Chuquicamata and Ministro Hales copper mines, have also impacted Freeport-McMoRan's El Abra.Codelco, the world's No.1 copper producer, said Friday it had sent its daytime shift of workers home as a preventative measure and would evaluate whether to cancel its night shift as well.Freeport-McMoran (NYSE: FCX),...Read More