Production has officially ceased at the first and only diamond mine in the Canadian province of Ontario- the Victor mine owned by De Beers Canada. The news comes 10 years and 10 months after the mine was officially opened in July 2008.Mining ceased on March 5, and the recovery plant treated stockpiled material since then. The last economic ore was processed on May 25, 2019, followed by several day...Read More
"Tetra Bio-Pharma to Present Key Research Findings as Part of Food and Drug Administration (FDA) Public Hearing on CBD --#TetraBioPharma $TBP #momentumstocks #MedicalMarijuana #Cannabinoid#potstocks #cbd #thc @Momentum_Pr --Read the News Release here: https://t.co/n29ByC8NA3"Read full newsRead More
China's retaliatory tariff hikes are set to take effect on June 1The U.S.-China trade war could remain in focus next week, with China's retaliatory tariffs on $60 billion in U.S. goods slated to take effect on Saturday, June 1. Meanwhile, next week's potentially market-moving events will also include May's highly anticipated nonfarm payrolls, as well as Apple's (AAPL) Worldwide Developers Conferen...Read More
"IAMGOLD Intersects 56.46 g/t Au Over 6 Metres Including 1.5 Metre Grading 224 g/t Au on Nelligan -- #vanstar #vsr #nelligan $vsr #iamgold #img $IMG #gold #momentumstocks #hotstocks #exploration @vanstar_vsr #iamgold --Read the News Release here: https://t.co/MvZo3yBBCo"Read full newsRead More
"Are you wondering why #SironaBiochem is on the move?...$SBM #Momentumstocks #SironaBiochem #biotech #skincare #Canadaianstocks #stockstowatch #StocksToTrade #tsxv #smallcaps https://t.co/lBplEpRpDJ"Read full newsRead More
"CROP Subsidiary Enters 5 Month CBD Isolate Supply Agreement With BIOSCIENCE ENTERPRISES, INC. -- $CROP @CROP_CSE #Cannabis #California #CRXPF #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #CSE #BNN --Read the News Release here: https://t.co/EphT7jh3SY"Read full newsRead More
Speculators are targeting at-the-money weekly options that expire tomorrowRide-sharing service Uber Technologies Inc (NYSE:UBER) is set to unveil its first earnings report as a publicly traded company after tonight's close, and ahead of the event, the stock is relatively quiet -- last seen down 0.3% at $39.84. UBER's options pits, on the other hand, are buzzing, with volume running at a much quick...Read More
"IAMGOLD Intersects 56.46 g/t Au Over 6 Metres Including 1.5 Metre Grading 224 g/t Au on Nelligan -- #vanstar #vsr #nelligan $vsr #iamgold #img $IMG #gold #momentumstocks #hotstocks #exploration @vanstar_vsr #iamgold --Read the News Release here: https://t.co/MvZo3yBBCo"Read full newsRead More
TORONTO - Ontario's government is working for the people by holding consultations to hear from businesses firsthand on industrial electricity pricing and programs.Greg Rickford, Minister of Energy, Northern Development and Mines, and Todd Smith, Minister of Economic Development, Job Creation and Trade, met with manufacturing sector stakeholders in Toronto today. This session is one of several in-p...Read More
UBS just downgraded Verizon from "buy" to "neutral" The Dow component Verizon Communications Inc (NYSE:VZ) was just served a bearish note by UBS. The analyst knocked the stock to "neutral" from "buy," saying its valuation already prices in a number of potential catalysts. The analyst maintained their price target of $59, which sits at a slight premium to current levels. VZ is down 2.1% at $56.94 a...Read More
Traders aren't doing much with trade uncertainty sapping sentimentStocks are hovering near breakeven today in a low-volume session. Trade uncertainty is holding back the Dow Jones Industrial Average (DJI) and its index peers, with news China is halting soybean purchases from the U.S. overshadowing upbeat gross domestic product (GDP) data from this morning. There's also notable weakness in the ener...Read More
Analyst sentiment remains bullishly skewed, howeverAlthough Dropbox Inc (NASDAQ:DBX) is down 0.5% to trade at $22.51 today, it remains on pace toward its first weekly win since May 3. However, this mini-heater has sent DBX barreling toward a trendline with bearish implications, if history is any guide.More specifically, the equity is now within one standard deviation of its 80-day moving average,...Read More
The new International Maritime Organization (IMO) 2020 regulations are expected to have some tangible effect on the steel industry. Primarily, increasing freight rates for raw materials such as iron ore and coal as ship owners and operators pass on higher bunker costs. Yet the new regulations may have a further, more unexpected effect on the steel sector, and the nascent electric vehicle battery...Read More
Copper's price slide due to the escalating U.S.-China trade dispute suggests a deteriorating fundamental picture, but bubbling away in the background are supply side problems that are likely to lead to a tighter market.Copper is used in the power and construction industries and is seen by investors as a gauge of economic health.Benchmark copper prices on the London Metal Exchange, trading at aroun...Read More
Copper's price slide due to the escalating U.S.-China trade dispute suggests a deteriorating fundamental picture, but bubbling away in the background are supply side problems that are likely to lead to a tighter market.Copper is used in the power and construction industries and is seen by investors as a gauge of economic health.Benchmark copper prices on the London Metal Exchange, trading at aroun...Read More
Central banks around the globe have been on a gold buying spree this year, with Russia and China leading the pack.In the first three months of 2019, gold purchases by the country's top banks hit the highest level in six years, as nations diversify their assets away from the US dollar.Global gold reserves, in fact, rose 145.5 tonnes in the first quarter, a 68% increase from a year earlier, based on...Read More
Central banks around the globe have been on a gold buying spree this year, with Russia and China leading the pack.In the first three months of 2019, gold purchases by the country's top banks hit the highest level in six years, as nations diversify their assets away from the US dollar.Global gold reserves, in fact, rose 145.5 tonnes in the first quarter, a 68% increase from a year earlier, based on...Read More
The SPX is down more than 5% so far this monthThe U.S. stock market got off to a rip-roaring start in 2019, with the S&P 500 Index (SPX) surging more than 17% year-to-date through its April 30 close. The broad-market index started the month of May off strong, too, hitting a record intraday high on May 1, before the cards came crashing down on renewed U.S.-China trade tensions. The SPX is now pacin...Read More
The Ohio House of Representatives on Wednesday approved a measure that would subsidize the state's struggling coal and nuclear plants after lobbying from a member of President Donald Trump's re-election campaign.Bob Paduchik, who also led the Ohio Trump campaign in 2016, called lawmakers urging them to support the legislation and stressing that the president was behind it as well, according to a p...Read More
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) was ranked 20th on Corporate Responsibility Magazine's (CR Magazine) 100 Best Corporate Citizens list for 2019. Newmont Goldcorp was the sole mining company in the top 20 and one of only two miners to make the magazine's 20th annual list."This recognition is another indicator of how deeply sustainability is embraced by our employees and integrated...Read More