Recent News

Sirius Stock Could Rock Into the New Year

January 02, 2019 / www.schaeffersresearch.com

SIRI stock is up after an analyst upgradeThe shares of Sirius XM Holdings Inc (NASDAQ: SIRI) are up 0.9% at $5.76, on an upgrade from J.P. Morgan Securities. The brokerage firm raised its rating to "overweight" from "underweight," and hiked its price target to $7 from $6 -- a near 23% premium from current levels -- saying SIRI's recent pullback is a buying opportunity. Despite ending 2018 with a...Read More

C-Suite Shake-Up Puts Pressure on Activision Blizzard Stock

January 02, 2019 / www.schaeffersresearch.com

ATVI is fresh off its worst quarter since 2000The shares of Activision Blizzard, Inc. (NASDAQ:ATVI) are poised to start off the new year on a dour note, down 2% this morning at $45.62. Late Monday night, a securities filing revealed the video game maker had placed Chief Financial Officer (CFO) Spencer Neumann on paid leave, with plans to terminate him. According to the Wall Street Journal, Neuman...Read More

S.Koreans seek Nippon Steel asset seizure in 'forced labour' case

January 02, 2019 / www.mining.com

South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday.The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan over the issue.Japan denounced a South Kore...Read More

Stock Futures Signal Big Losses for Day 1 of 2019

January 02, 2019 / www.schaeffersresearch.com

The Dow is on pace to open down more than 400 pointsFutures on the Dow Jones Industrial Average (DJI) are trading far below fair value ahead of the first trading day of 2019. Investors are reacting to weak manufacturing data out of China, which has caused a sharp pullback in equity benchmarks overseas and has put fears of a global economic slowdown in focus this morning -- adding to the list of po...Read More

The Wealth Secret Everyone Should Already Know

January 02, 2019 / www.schaeffersresearch.com

The stock market "secret" no one is talking about.The world's richest investors have been using this simple "trick" to build massive fortunes for decades.They've done everything in their power to hide the truth from individual investors. In the process they've created a totally uneven playing field... where most of the players don't even know the rules of the game.This lack of fairness is one of...Read More

Gold opens 2019 with fanfare as warning signs flash on growth

January 02, 2019 / www.mining.com

Gold's year-end rally is pushing into 2019, with bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis.The metal hit a six-month high nearing $1,300 an ounce, even as some daily technical indicators highlighted the potential for a reversal after recent gains. The advance came as fresh figures showed China manufacturing shrinking...Read More

Cobalt 27 to acquire ASX-listed Highlands Pacific

January 02, 2019 / www.mining.com

Cobalt 27 Capital has entered an agreement to acquire ASX-listed Highlands Pacific. The acquisition, valued at $96 million, will increase Cobalt 27's exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea. Highlands Pacific owns an 8.56% interest in the mine, which is majority owned by Metallurgical Corp. of China Ltd.Cobalt 27 has agreed to pay A10.5 ? in cash per share for...Read More

Cobalt 27 to acquire ASX-listed Highlands Pacific

January 02, 2019 / www.mining.com

Cobalt 27 Capital has entered an agreement to acquire ASX-listed Highlands Pacific. The acquisition, valued at $96 million, will increase Cobalt 27's exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea. Highlands Pacific owns an 8.56% interest in the mine, which is majority owned by Metallurgical Corp. of China Ltd.Cobalt 27 has agreed to pay A10.5 ? in cash per share for...Read More

New era for Barrick Gold begins

January 02, 2019 / www.mining.com

It's the first day of a new era for Barrick Gold, the world's largest bullion miner, as it officially began trading Wednesday as a merged entity with Randgold Resources.From now on, Barrick's symbol on the New York Stock Exchange will be GOLD, the ticker formerly held by Randgold on NASDAQ. In Toronto, the company is keeping its ABX symbol.The $18.3 billion-deal, which gained final approval in D...Read More

New era for Barrick Gold begins

January 02, 2019 / www.mining.com

It's the first day of a new era for Barrick Gold, the world's largest bullion miner, as it officially began trading Wednesday as a merged entity with Randgold Resources.From now on, Barrick's symbol on the New York Stock Exchange will be GOLD, the ticker formerly held by Randgold on NASDAQ. In Toronto, the company is keeping its ABX symbol.The $18.3 billion-deal, which gained final approval in D...Read More

New era for Barrick Gold begins

January 02, 2019 / www.mining.com

It's the first day of a new era for Barrick Gold, the world's largest bullion miner, as it officially began trading Wednesday as a merged entity with Randgold Resources.From now on, Barrick's symbol on the New York Stock Exchange will be GOLD, the ticker formerly held by Randgold on NASDAQ. In Toronto, the company is keeping its ABX symbol.The $18.3 billion-deal, which gained final approval in D...Read More

Metso makes Chilean acquisition

January 02, 2019 / www.mining.com

Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.HighService Service is a high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 were 60 million euros and it has 1,300 employees.The acquisition is pending regulatory app...Read More

Metso makes Chilean acquisition

January 02, 2019 / www.mining.com

Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.HighService Service is a high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 were 60 million euros and it has 1,300 employees.The acquisition is pending regulatory app...Read More

The New "Disruptor" Tech Ready to Boom

January 02, 2019 / www.schaeffersresearch.com

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

Blackwater founder launches fund to invest in electric car battery metals

January 02, 2019 / www.mining.com

Blackwater founder Erik Prince aims to raise as much as $500 million to invest in metals needed for making the batteries that power electric vehicles (EVs), the Financial Times reports.Prince, who besides starting the controversial private security company is known for have been an informal campaign adviser to US President Donald Trump, said the fund will bring unexplored deposits into productio...Read More

China's Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

January 02, 2019 / www.mining.com

China's No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada's Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder...Read More

China's Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

January 02, 2019 / www.mining.com

China's No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada's Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder...Read More

China's Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

January 02, 2019 / www.mining.com

China's No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada's Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder...Read More

Asset Sales Helped Big Mining Companies Outperform The Rest Of The Market In 2018

January 02, 2019 / dlvr.it

Big mining companies outperformed the broader market in 2018Read full newsRead More

The Northern Miner Podcast - Miner Moment #16: Airships for miners ft Solar Ship's Jay Godsall

January 02, 2019 / www.northernminer.com

Solar Ship CEO Jay Godsall pitches the benefits of using airships to access remote areas to a live audience at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.Visit www.solarship.com for more information.Solar Ship CEO Jay Godsall speaking at The Northern Miner's Progressive Mine Forum at the MaRS Discovery District in Toronto in October 2...Read More

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