Alacer Gold (TSX: ASR; US-OTC: ALIAF) has tabled a maiden resource for its Ardich gold deposit, located 6 km northeast of its 80% owned Copler gold mine in east-central Turkey. The current resource is within areas 80% owned by Alacer.Ardich contains 6.92 million measured and indicated tonnes grading 1.32 grams gold for 294,000 oz. gold. It also contains 2.2 million inferred tonnes at 1.2 grams gol...Read More
Alacer Gold (TSX: ASR; US-OTC: ALIAF) has tabled a maiden resource for its Ardich gold deposit, located 6 km northeast of its 80% owned Copler gold mine in east-central Turkey. The current resource is within areas 80% owned by Alacer.Ardich contains 6.92 million measured and indicated tonnes grading 1.32 grams gold for 294,000 oz. gold. It also contains 2.2 million inferred tonnes at 1.2 grams gol...Read More
There's been a heavy dose of M&A and activist chatter this morningNutriSystem Inc. (NASDAQ:NTRI) stock is trading up 31.3% today at $44.90, following news the dieting expert is being bought by Tivity Health Inc (NASDAQ:TVTY) for $1.4 billion, or $47 per share. The shares had been trading around their downtrending 200-day moving average since early November, moving further away from their 52-week p...Read More
• A modest USD rebound prompts some profit-taking at higher levels. • Fed rate hike pause talks might help limit any immediate sharp fall. Gold extended its steady decline from five-month tops and is currently placed at the lower end of its daily trading range, around the $1246 level. With investors looking past Friday's disappointing US mon...Read More
ABIDJAN - Ivory Coast plans to double gold production by 2025, its vice president said on Monday, as the west African country strives to revive its long-neglected mining sector.Ivory Coast, the world's top cocoa producer, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025, said Daniel Kablan Duncan at the opening of an ECOWAS meet...Read More
ABIDJAN - Ivory Coast plans to double gold production by 2025, its vice president said on Monday, as the west African country strives to revive its long-neglected mining sector.Ivory Coast, the world's top cocoa producer, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025, said Daniel Kablan Duncan at the opening of an ECOWAS meet...Read More
NEW DELHI - India's environmental court on Monday said it will issue its judgment in one week on whether to allow Vedanta Ltd to re-open its copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.A panel of experts set up by India's National Green Tribunal, informally known as the environmental court, in November said authorities in Tamil Nadu state...Read More
NEW DELHI - India's environmental court on Monday said it will issue its judgment in one week on whether to allow Vedanta Ltd to re-open its copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.A panel of experts set up by India's National Green Tribunal, informally known as the environmental court, in November said authorities in Tamil Nadu state...Read More
KINSHASA - Democratic Republic of Congo's state mining company Gecamines said on Monday it would increase its stake in its Boss Mining joint venture with ENRC Africa Holdings to 49 percent after the two companies renegotiated terms.The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing eno...Read More
KINSHASA - Democratic Republic of Congo's state mining company Gecamines said on Monday it would increase its stake in its Boss Mining joint venture with ENRC Africa Holdings to 49 percent after the two companies renegotiated terms.The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing eno...Read More
The bull note comes on the heels of positive mid-stage study dataThe shares of Marinus Pharmaceuticals Inc (NASDAQ:MRNS) are up 11.2% to trade at $5.75, after the biopharmaceutical firm saidits postpartum depression drug, ganaxolone, was well-tolerated in a mid-stage study, and that patients showed no serious side effects to the treatment. Cantor Fitzgerald was quick to chime in, underscoring its...Read More
MELBOURNE - Kidman Resources, a supplier of lithium to U.S. electric car maker Tesla said on Monday it had settled a court dispute that could have derailed joint development of a mine in Western Australia with Chile's SQM.In a statement announcing the settlement, Kidman did not specify terms. Court documents show the settlement was reached with private company Phoenix Rise and Jeffrey Hull, a reti...Read More
Last week was FDX's worst week since 2009The shares of FedEx Corporation (NYSE:FDX) are down 1.2% in electronic trading, after BofA-Merrill Lynch downgraded the shipping name to "neutral" from "buy," while slashing its price target to $220 from $304. The analyst in coverage waxed pessimist on the company's management shakeup last week, namely thedeparture of the head of the company's Express uni...Read More
James Hyerczyk16 hours agoGold Bars and DollarGold futures are trading slightly lower after giving up earlier gains that drove the market to its highest level since July 17. The early strength was fueled by follow-through buying related to Friday’s weaker-than-expected U.S. Nonfarm Payrolls report. The jobs report garnered mixed reviews with some traders describing it as “so-soȁ...Read More
Chinese imports and exports grew at slower-than-anticipated paces in NovemberDespite sharp losses in Asia overnight, Dow Jones Industrial Average (DJIA) futures are trading above fair value this morning. The premarket gains are modest, though, as traders digest a brutal week on Wall Street, with the Dow, S&P 500 Index (SPX) and Nasdaq Composite (IXIC) all coming off their worst weekly losses since...Read More
Traders don't need to wait until the opening bell to start raking in massive wins.In light of the recent market action, many traders are taking time to reevaluate their portfolios...Analyzing their open positions...And getting ready to make any needed changes to their trading in the weeks and months ahead.However, most traders are under the impression that they have to wait until markets open to...Read More
SPY is down about 6% over the past month, breaking a typically bullish post-Fed pattern"After Friday's move back below [SPY] $280, bulls should seek a move back above this round number and the FOMC decision-day close of $280.50, before getting aggressive..."-- Monday Morning Outlook, November 12, 2018"Despite last week's rally, equities are still locked in an area that is pivotal for bulls and bea...Read More
"Barrick CFO Catherine Raw will take on the new job of COO for North America from January 1, after current USA president Michael Brown retires | https://t.co/LiUQngb936 $ABX"Read full newsRead More
Trading options is often scary... but it doesn't have to be!It's the biggest mistake options traders make... and it's the reason why 9 people out of 10 quit options...Most options traders fall for the same trap - they "buy" an option and end up losing money on 90% of their trades.Of course, any options player knows that losing trades are part of the game. But it doesn't mean losing has to be the n...Read More
Capstone Mining (TSX: CS) released today positive results of an updated technical report for its Cozamin mine, located north-northwest of Zacatecas City in the Mexican north-central state of the same name.Cozamin is a polymetallic underground mine with a surface milling facility.According to the updated report on the operation, Proven and Probable Mineral Reserves increased significantly compared...Read More