Broader markets were generally weaker this morning, Tuesday May 12, amid concerns about clusters of new Covid-19 infections in the Chinese city of Wuhan and in South Korea, while China’s consumer price index (CPI) and producer price index (PPI) data releases were weaker than expected. Asian-Pacific and pre-market major western equity indices were mainly weaker this morning. Base metals Three-...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Index futures responded to news that the Federal Reserve is starting a program to purchase corporate bond Exchange Traded Funds. Index futures were virtually unchanged following release of the April Consumer Price Index at 8:30 AM EDT. Consensus was a decline of 0.8% versus a drop of 0.4%...Read More
Great Bear Resources (TSXV: GBR) is raising $33 million in an upsized (from $20 million previously) bought deal private placement. The syndicate of underwriters is led by Canaccord Genuity, with Great Bear issuing 1.47 million flow-through shares at $17 per share and 725,000 common shares at $11.04 each.Gross proceeds from the flow-through portion of the offering will be allocated towards eligible...Read More
RNC Minerals (TSX: RNX) is making its status as a gold-focused company official, announcing the acquisition of a third gold project in Australia, and proposing a name change to Karora Resources.RNC already operates the Beta Hunt and Higginsville gold operations in Western Australia, and holds a 28% stake in the advanced Dumont nickel project in Quebec. Now, it's signed an agreement to purchase the...Read More
NexGen Energy (TSX: NXE; NYSE: NXE) has signed a US$30 million financing agreement with Queen's Road Capital Investment (TSXV: QRC) and plans to use the funds to advance work at its flagship Arrow deposit, part of the company's Rook 1 project in Saskatchewan."Warren Gilman, chairman and chief executive officer of Queen's Road Capital, is a long-time shareholder and supporter of NexGen and also joi...Read More
Adriatic Metals (LSE: ADT1; ASX: ADT), which until now has focused its efforts in Bosnia-Herzegovina, is diversifying into neighbouring Serbia, with the acquisition of Tethyan Resource (TSXV: TETH) in an all-share deal worth US$10 million.Tethyan has two brownfield projects in southwestern Serbia: the Kizevak zinc-lead-silver project, which consists of two past-producing open-pit mines, and the Ru...Read More
This episode features excerpts from Newmont's May 5, 2020, conference call. Newmont president and CEO Tom Palmer discusses how the company is dealing with the coronavirus and its impact on mining operations. He also explains how the company's "long-term value proposition remains unchanged," with plans for further dividend increases and stock buybacks. Also, COO Rob Atkinson describes how the compa...Read More
Russia's Alrosa, the world's top diamond producer by output, saw sales for rough and polished diamonds fall to US$15.6 million in April, as the coronavirus pandemic continues to hit demand.The figure compares to the US$152.8 million the diamond miner fetched in March and the US$405 million in January.Deputy CEO, Evgeny Agureev, said restrictions to slow down the spread of the virus and falling dem...Read More
Every kingdom needs his legends and who better to answer this call for the Bike Kingdom Lenzerheide than Belgian ripper Thomas Genon. He welcomed this role with open arms, building upon his own legend with the support of no one less than @Anthill Films. To see how Thomas rules his new kingdom, check out <
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Trouble In Terrorist Town but I am the trouble. Recorded LIVE on my Twitch: https://www.twitch.tv/callmekevinThe Lads:RTGame: https://www.youtube.com/channel/UCRC6...Daithi De Nogla: https://www.youtube.com/DaithiDeNoglaTerroriser: https://www.youtube.com/user/TheGamin...My Patreon: https://www.patreon.com/callmekevinMerch: https://kevin.fanfiber.com/Twitter: http://twitter.com/CallMeKevin1811Inst...Read More
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Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
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For your weekly reading, we bring you the week's most popular stories from Energy and Capital and our sister site, Wealth Daily... Investing in the Return of U.S. ManufacturingWas COVID-19 spawned in a wet market or in a biotech lab in Wuhan? Was it released into the world intentionally or was it an accident? Energy and Captial editor Jeff Siegel discusses the possible origins of COVID-19...Meat...Read More
JOHANNESBURG (miningweekly.com) – How Anglo American is "delivering through volatile times" was outlined on Tuesday at Bank of America’s virtual global metals, mining and steel conference, where it reiterated its strong liquidity position of $14.5-billion, made up of $6.9-billion in cash and $7.6-billion in undrawn committed financial facilities.Anglo American CE Mark Cu...Read More
Take a look at these two people. Both won about $3 million at premier world championships last year.Novak Djokovic is pretty easy to spot on the right. He was the 2019 Men's Singles Wimbledon champion.877,000 viewers watched him win, marking a 30% increase in viewership year-over-year, along with just over 12,000 at the No. 1 Court at the All England Club.Anyone who follows tennis knows him. How a...Read More
The recent volatility inmost markets was really extreme, which means that it was easy to lose focus onthe things that matter the most in case of the gold market. It was relativelyeasy to keep one’s focus as far as the fundamental outlook for gold isconcerned – it’s quite obvious that the economies around the world are in deeptrouble and that the various QEs and money-printing mec...Read More