Recent News

Barrick Gold cuts jobs, director Munk to step down - Globe and Mail

December 21, 2018 / www.mining.com

Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.Munk, who is Barrick Gold founder Peter Munk's son, has tendered his resignation, the report said.The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchas...Read More

Tetra Successfully Completes Phase 1 Study With Vaporized Version of PPP001 -- #TetraBioPharma $TBP...

December 21, 2018 / twitter.com

"Tetra Successfully Completes Phase 1 Study With Vaporized Version of PPP001 --#TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd #thc --Read the News Release here: https://t.co/KUcJ7DFjF7"Read full newsRead More

ExGen Announces Increase to and Closing of Unit Private Placement, and Change of Auditor

December 21, 2018 / bit.ly

ExGen Resources Inc. (TSXV:EXG; OTC:BXXRF) ("ExGen") announced that, further to its December 5, 2018 news release, it has increased the size of its previously announced non-brokered private placement of units (each a "Unit").Read full newsRead More

Northisle Completes Initial Drilling Program at Its Pemberton Hills Target @NorthIsle_CG

December 21, 2018 / bit.ly

NorthIsle Copper and Gold (TSXV:NCX)("Northisle" or the "Company") is pleased to announce the completion of its initial drilling program on its Pemberton Hills Property located on Vancouver Island, in British Columbia. Northisle entered into a farm-out agreement with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") earlier this year.Read full newsRead More

Stocks Hit Annual Lows Amid Fed, D.C. Drama

December 21, 2018 / www.schaeffersresearch.com

Oil prices also fell to annual lows this weekIt's been a brutal December for Wall Street, and this week was no exception. The Dow and S&P 500 are all staring at their worst week s since March, while the Nasdaq is headed toward its biggest weekly loss since January 2016. Plus, all three indexes remain deep in correction territory, and sport month-to-date deficits of 11% or more. The sell-off starte...Read More

Consumer spending rises 0.4% in November, outpacing income growth

December 21, 2018 / www.marketwatch.com

Getty ImagesPeople shop at the Macy's flagship store last month in New York City. The numbers: Consumer spending grew faster than incomes in November, leading to an erosion in the savings rate, the Commerce Department said Friday. Consumer spending rose 0.4% in November, in line with the MarketWatch forecast. However, spending in October was revised up to 0.8% from the prior estimate of 0.4%...Read More

Stocks Volatile Again With Shutdown in Sight

December 21, 2018 / www.schaeffersresearch.com

Congress has yet to pass a spending bill to avoid a partial government shutdown at midnightThe Dow Jones Industrial Average (DJI) was last seen modestly higher -- getting help from a post-earnings bull gap for Nike (NKE) -- overcoming a brief turn lower as a potential government shutdown looms. Traders are also reacting to a round of lackluster economic data, with the personal consumption expendit...Read More

AMCU strike at Sibanye-Stillwater legal - South African court

December 21, 2018 / www.mining.com

JOHANNESBURG - A court has found that a strike by a union representing just under half of all workers at Sibanye-Stillwater's South African gold operations is legal, despite the company declaring otherwise last week.South Africa's Association of Mineworkers and Construction Union (AMCU) said on Friday that the court disagreed with Sibanye's reason for judging the strike unprotected, and ordered Si...Read More

AMCU strike at Sibanye-Stillwater legal - South African court

December 21, 2018 / www.mining.com

JOHANNESBURG - A court has found that a strike by a union representing just under half of all workers at Sibanye-Stillwater's South African gold operations is legal, despite the company declaring otherwise last week.South Africa's Association of Mineworkers and Construction Union (AMCU) said on Friday that the court disagreed with Sibanye's reason for judging the strike unprotected, and ordered Si...Read More

10 Moves to Make in Your 401(k) by New Year's Day

December 21, 2018 / www.schaeffersresearch.com

It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More

Drop This Retail Stock Right Now

December 21, 2018 / www.schaeffersresearch.com

The shares are trading near a historically bearish trendlineThe shares of Abercrombie & Fitch Co. (NYSE:ANF) gapped dramatically higher on Nov. 29 in reaction to the retailer's blowout earnings report. The positive momentum quickly cooled as the stock ran into its 80-day moving average. ANF is trading near this trendline once again, suggesting the retail shares could be headed on their next leg lo...Read More

Seequent completes acquisition of Geosoft creating unparalleled geological modelling and geoscience software offering

December 21, 2018 / www.mining.com

Acquisition accelerates Seequent's growth in mining, civil engineering, energy, government and environmental sectors.CHRISTCHURCH, NZ, 21 December, 2018 - Seequent, a world leader in visual data science software, today announced it has completed the acquisition of Geosoft, a Canadian geoscience software company.The acquisition accelerates Seequent's growth in mining, civil engineering, energy, gov...Read More

Earnings Beat, Analyst Upgrades Send NKE Shares Sprinting

December 21, 2018 / www.schaeffersresearch.com

Nike stock is leading the Dow higher after its Q2 earnings beatShares of Nike Inc (NYSE:NKE) are up nearly 9% at $73.48 in early trading, after the company announced its fiscal second-quarter earnings results last night. The Dow component reported strong online sales in North America, as well as quarterly revenue and profit that beat analyst expectations. J.P. Morgan Securities and Pivotal Researc...Read More

Indian court orders Vedanta to not reopen copper smelter for a month - petitioner

December 21, 2018 / www.mining.com

NEW DELHI - An Indian court on Friday said Vedanta cannot reopen its South Indian copper smelter until its hears a case challenging an order by the country's environment court which provided relief to the conglomerate, the petitioner in the case said.The smelter was ordered shut permanently by the Tamil Nadu state government in May following violent protests against its operation, killing 13 and i...Read More

Indian court orders Vedanta to not reopen copper smelter for a month - petitioner

December 21, 2018 / www.mining.com

NEW DELHI - An Indian court on Friday said Vedanta cannot reopen its South Indian copper smelter until its hears a case challenging an order by the country's environment court which provided relief to the conglomerate, the petitioner in the case said.The smelter was ordered shut permanently by the Tamil Nadu state government in May following violent protests against its operation, killing 13 and i...Read More

Siyata Mobile Completes $2.0 Million Private Placement Financing

December 21, 2018 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that it has completed a non-brokered private placement of 4,623,800 units (each, a "Unit"), at a price of $0.45 per unit, for gross proceeds of $2,080,710.00. Each Unit consists of one common share of the Company, and one common share purchase warrant (a "Warrant"). Each Warr...Read More

Asia Gold - Higher prices and holiday season keep buyers at bay

December 21, 2018 / www.mining.com

* Gold discounts narrow in India* Activity quiet in China, Singapore, Hong Kong* Prices in Japan on par with benchmark gold for 14th weekMUMBAI/BENGALURU - Demand for physical gold was tepid across major buying centres in Asia this week as higher prices curbed purchases, with buying also impacted by the arrival of the year-end holiday season.Benchmark spot gold scaled a near six-month peak on Thur...Read More

Another Facebook Stock Downgrade Hits as Put Buying Peaks

December 21, 2018 / www.schaeffersresearch.com

DZ Bank downgraded FB stock to "sell"In the latest Facebook, Inc. (NASDAQ:FB) news cycle, the company, along with rival Twitter (TWTR), said it's removing fake news sites in Bangladesh ahead of elections there. Bloomberg has also reported that the tech giant is working on a cryptocurrency to be used in its WhatsApp application. Meanwhile, back on Wall Street, FB stock was just hit with a downgrade...Read More

Ontario Supporting Film and Television Industry, Creating Jobs in Nipissing

December 21, 2018 / news.ontario.ca

Ontario's Government for the People is supporting Nipissing's film and television industry by investing more than $5.6 million in five local productions.Vic Fedeli, MPP for Nipissing, made the announcement today at Canadore College's post production facility. The investments include: $3.605 million for Collingwood TV Productions (II) Inc. to produce season two of the television series Carter $960...Read More

South Africa's Transnet hopes to re-open one closed coal export line on Saturday

December 21, 2018 / www.mining.com

JOHANNESBURG - South Africa's Transnet hopes to re-open on Saturday one of two closed coal export lines linking mines to the Richards Bay export terminal after it was closed following a train derailment, the state-run freight company said on Friday.A preliminary investigation into the cause of the derailment points to sabotage, after the railway line was cut in half by a blow torch, Transnet Freig...Read More

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