Recent News

RT @GlobalBC: B.C.'s unemployment rate is now 11.5%.

May 08, 2020 / trib.al

British Columbia shed 264,100 jobs in April.Read full newsRead More

RT @GlobalBC: B.C.'s unemployment rate is now 11.5%.

May 08, 2020 / trib.al

British Columbia shed 264,100 jobs in April.Read full newsRead More

Brixton Metals Plans to Initiate Drilling at its Hog Heaven Ag-Au-Cu Project

May 08, 2020 / bit.ly

Brixton Metals Corporation (TSXV:BBB) is pleased to announce the results from its Annual General Meeting of Shareholders held on April 30, 2020 and plans for the upcoming 2020 exploration program at its Hog Heaven and British Columbia Projects.Read full newsRead More

.@westernCuandAu Announces $3.36 Million Private Placement of Flow-Through Shares

May 08, 2020 / bit.ly

Western Copper and Gold Corporation (TSX:WRN; NYSE American:WRN) announces a non-brokered private placement financing.Read full newsRead More

Call Traders Check in on Zillow Stock After Earnings

May 08, 2020 / www.schaeffersresearch.com

ZG announced better-than-expected earnings and revenueThe shares of Zillow Group Inc (NASDAQ:ZG) are soaring today, up 15.8% to trade at $55.79, after the real estate service announced a better-than-expected first-quarter report. Following the news, no fewer than six analysts raised their price targets, the highest coming from Benchmark to $63. Looking ahead, the company plans to utilize technolog...Read More

Amex to Resume 100,000 m Drill Program at High Grade Perron Gold Property

May 08, 2020 / bit.ly

Amex Exploration announces it will resume drilling on the Perron Property pursuant to a recent announcement from the Government of Quebec regarding the resumption of mining and exploration activities in the Province of Quebec.Read full newsRead More

Canada sees record job losses in April, shedding almost 2M positions

May 08, 2020 / fw.to

Canada lost 2 million jobs in April as a result of pandemic-related shutdowns, by far the biggest decline on record but only about half what economists had expected.Read full newsRead More

Canada sees record job losses in April, shedding almost 2M positions

May 08, 2020 / fw.to

Canada lost 2 million jobs in April as a result of pandemic-related shutdowns, by far the biggest decline on record but only about half what economists had expected.Read full newsRead More

Using AI to invest plus a pure gold bet

May 08, 2020 / www.canadianinsider.com

Today, on INK Ultra Money we get a great overview via Real Vision on how AI can be used by investors. We also hear about a junior gold miner that looks like it could do well under either a deflationary or inflationary environment.Canadian Insider Club Ultra members have full access to both free and premium content. If you are not an Ultra member, join us or upgrade today.1. AI the new Frontier...Read More

Stock Market Forges Higher on Reopening Buzz

May 08, 2020 / www.schaeffersresearch.com

The Dow is up over 365 points middayThe Dow Jones Industrial Average (DJI) is up over 365 points midday, as hopes of the economy reopening and upbeat U.S.-China trade buzz ward off dismal economic data. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also in the black, shaking off the 20.5 million jobs lost in April due to COVID-19 -- the highest rise in unemployment since post-World War...Read More

Travel Stock Drops After Earnings Miss

May 08, 2020 / www.schaeffersresearch.com

BKNG reported lower-than-expected profitsThe shares of Booking Holdings Inc (NASDAQ:BKNG) are down 2.7% to trade at $1,405.41 after the company reported a lower-than-expected first-quarter profit, citing the rapid decrease in domestic travel. However, the company did announce higher-than-expected revenue. Following the report, no fewer than three price-target raises have surfaced, including one fr...Read More

Return to Operations Gives Ford Stock a Boost

May 08, 2020 / www.schaeffersresearch.com

Ford announced plans to restart production and operation in North American this monthThe shares of Ford Motor Company (NYSE:F) are up 2.6% to trade at$5 this morning, after the automaker announced plans to start phasing in production and operations in North America, beginning May 18. Ford said it would bring back some employees whose jobs cannot be done remotely on that date, while staggering th...Read More

GM Heads Higher on $4 Billion Debt Offering

May 08, 2020 / www.schaeffersresearch.com

General Motors is eyeing its fourth straight winThe shares of General Motors Company (NYSE:GM) have been in rally mode this week, helped along by a well-received quarterly earnings report on Wednesday, and with the carmaker back in the spotlight today, it looks like GM isn't slowing down. The stock is up 2% at $22.89, after the firm priced a new debt offering totaling $4 billion. This offering con...Read More

Dow Futures Push Past Historic Job Losses

May 08, 2020 / www.schaeffersresearch.com

U.S.-China trade rhetoric could be propping up Wall StreetDow Jones Industrial Average (DJI) futures are looking to close the week out on a positive note. Wall Street is so far brushing off the Labor Department's non-farms payroll report that showed 20.5 million jobs were lost in April due to the COVID-19 pandemic -- sending the unemployment rate to 14.7% -- its highest spike in the post-World W...Read More

Franco-Nevada increases dividend for Q1 earnings

May 08, 2020 / fw.to

Paul Brink, president and CEO of Franco-Neveda joins BNN Bloomberg to discuss their Q1 earnings and how the company has managed to increase their dividend amid COVID-19 uncertainty.Read full newsRead More

Franco-Nevada increases dividend for Q1 earnings

May 08, 2020 / fw.to

Paul Brink, president and CEO of Franco-Neveda joins BNN Bloomberg to discuss their Q1 earnings and how the company has managed to increase their dividend amid COVID-19 uncertainty.Read full newsRead More

IN CASE YOU MISSED IT: 5 key stories from May 7

May 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday May 7 that are worth another look.The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns ha...Read More

CFTC analyzing oil market activity as it pushes position-limits proposal

May 08, 2020 / www.metalbulletin.com

The Commodity Futures Trading Commission (CFTC), a US commodities regulator, is analyzing what led the crude oil price to move into negative territory last month, including an assessment of market participant activities and whether position limits and other regulations might need to change.The move could add impetus to the CFTC's proposal to impose federal position limits in 25 energy, metals and...Read More

Barrick CEO says dynamic M&A to result from Covid-19 impacts

May 08, 2020 / www.metalbulletin.com

The mining industry is set to undergo a paradigm shift in the aftermath of the Covid-19 pandemic that will include a reshaping of corporates, including through "dynamic" mergers and acquisitions, the chief executive officer of Barrick Gold Corporation said.Mark Bristow, whose Africa-focused miner Randgold Resources merged with Canada-based gold and copper giant Barrick last year, said it was a gre...Read More

IN CASE YOU MISSED IT: 5 key stories from May 7

May 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday May 7 that are worth another look.The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns ha...Read More

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