Recent News

FDA Nod Boosts Oncology Stock's Impressive Rally

May 23, 2019 / www.schaeffersresearch.com

The FDA just gave Iovance's cervical cancer treatment a "breakthrough therapy" designationThe drugmaker Iovance Biotherapeutics Inc (NASDAQ:IOVA) is seeing a pop after the Food and Drug Administration (FDA) gave a "breakthrough therapy" designation to the company'scervical cancer treatment, LN-145. The FDA nod, which has the shares trading 6.1% higher at $17.65, came after the close Wednesday. Now...Read More

Biggest Africa investor goes to London for Lonmin decision

May 23, 2019 / www.mining.com

South Africa's Public Investment Corp. faces a tough choice: back Sibanye Gold Ltd.'s takeover of Lonmin Plc, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner.When Lonmin shareholder votes are tallied next Tuesday at a meeting in London, the PIC's 30% stake would be enough to block the acquisition. While the takeover was originally t...Read More

McEwen kicks off commercial production at Gold Bar in Nevada

May 23, 2019 / www.mining.com

Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) said Thursday it had begun commercial production at its Gold Bar project in Nevada, US, which is expected to generate 50,000 bullion ounces this year.The Toronto-based miner also said Jack Henris will be in charge of operations. Henris has years of experience in mine management, having worked at Newmont for 12 years and at Barrick f...Read More

McEwen kicks off commercial production at Gold Bar in Nevada

May 23, 2019 / www.mining.com

Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) said Thursday it had begun commercial production at its Gold Bar project in Nevada, US, which is expected to generate 50,000 bullion ounces this year.The Toronto-based miner also said Jack Henris will be in charge of operations. Henris has years of experience in mine management, having worked at Newmont for 12 years and at Barrick f...Read More

Analysts Call for Record Highs From 2 Software Stocks

May 23, 2019 / www.schaeffersresearch.com

Both stocks have been big winners alreadySoftware stocks Atlassian Corporation PLC (NASDAQ:TEAM) and VMware, Inc. (NYSE:VMW) have outperformed on the charts over the past year, and analysts are expecting more upside. Below is a look at this morning's Wall Street coverage on the shares of TEAM and VMW. Atlassian was upgraded to "equal-weight" from "underweight" at Morgan Stanley, which moved its...Read More

Reignited China Trade Tensions Send Dow Futures Lower

May 23, 2019 / www.schaeffersresearch.com

The Dow is set to open with a triple-digit lossU.S.-China trade tensions are back in the headlines this morning, withDow Jones Industrial Average (DJI) futures pointed toward yet another open in the red. Specifically, China's Ministry of Commerce spokesperson Gao Feng said the U.S. should "adjust its wrong actions" if it would like to continue trade negotiations, as the "crackdown on Chinese compa...Read More

Constantine Finalizes Lease Agreement on Johnson Tract Property, Alaska and Provides Details for Spinout of Gold As...

May 23, 2019 / twitter.com

"Constantine Finalizes Lease Agreement on Johnson Tract Property, Alaska and Provides Details for Spinout of Gold Assets into HighGold Mining https://t.co/iDq1NOS1hn"Read full newsRead More

World's No. 2 lithium miner SQM sees demand growing by 17% this year

May 23, 2019 / www.mining.com

Chile's Chemical and Mining Society (SQM), the world's second largest producer of lithium, expects demand for the key component in the batteries that power electric vehicles and cell phones to grow at "double-digit rates" this year.Reporting quarterly earnings, the Chilean miner said that despite prices being affected by new supply entering the market, the commodity will remain strong due to risin...Read More

Transition Metals expanding in Saskatchewan

May 23, 2019 / www.mining.com

Transition Metals (TSXV: XTM) has staked two new properties, collectively covering 15,144 hectares in northern Saskatchewan's Wollaston Basin Copper Belt.In a press release, the miner said that the Fannon and Tosi properties are located approximately 100 kilometres south of Key Lake and about 30 and 85 kilometres, respectively, southwest along trend with the company's Janice Lake property that is...Read More

Transition Metals expanding in Saskatchewan

May 23, 2019 / www.mining.com

Transition Metals (TSXV: XTM) has staked two new properties, collectively covering 15,144 hectares in northern Saskatchewan's Wollaston Basin Copper Belt.In a press release, the miner said that the Fannon and Tosi properties are located approximately 100 kilometres south of Key Lake and about 30 and 85 kilometres, respectively, southwest along trend with the company's Janice Lake property that is...Read More

Dunnedin acquires copper-molybdenum-silver project in Arizona

May 23, 2019 / www.mining.com

Dunnedin Ventures (TSXV: DVI) announced that it has closed the acquisition of 100% of the Mohave copper-molybdenum-silver porphyry project in Mohave County, Arizona, from Bluestone Resources.Mohave is a 10-square-kilometre property located in the mineral producing Basin and Range Province of Arizona and 33 kilometres west of Freeport McMoran's Bagdad copper porphyry mine.According to Dunnedin, lim...Read More

Dunnedin acquires copper-molybdenum-silver project in Arizona

May 23, 2019 / www.mining.com

Dunnedin Ventures (TSXV: DVI) announced that it has closed the acquisition of 100% of the Mohave copper-molybdenum-silver porphyry project in Mohave County, Arizona, from Bluestone Resources.Mohave is a 10-square-kilometre property located in the mineral producing Basin and Range Province of Arizona and 33 kilometres west of Freeport McMoran's Bagdad copper porphyry mine.According to Dunnedin, lim...Read More

CANADA STOCKS-TSX lower as weak gold prices hit mining stocks

May 23, 2019 / dlvr.it

Precious metal miners led the declines on Canada's main stock index on Tues...Read full newsRead More

Constantine Finalizes Lease Agreement on Johnson Tract Property, Alaska and Provides Details for Spinout of Gold As...

May 23, 2019 / twitter.com

"Constantine Finalizes Lease Agreement on Johnson Tract Property, Alaska and Provides Details for Spinout of Gold Assets into HighGold Mining https://t.co/Th24qNNY8X"Read full newsRead More

Zambia's Chamber of Mines just deepened worries of sinking global copper output

May 23, 2019 / www.mining.com

Zambia's Chamber of Mines on Thursday delivered further signs of a major global undersupply of copper about to hit the market by announcing that the country's output of the metal could be as much as 100,000 tonnes lower than last year.The industry lobby group attributed the expected drop in production to changes to mining taxes introduced in January, which is driving companies to cut output."The n...Read More

Zambia's Chamber of Mines just deepened worries of sinking global copper output

May 23, 2019 / www.mining.com

Zambia's Chamber of Mines on Thursday delivered further signs of a major global undersupply of copper about to hit the market by announcing that the country's output of the metal could be as much as 100,000 tonnes lower than last year.The industry lobby group attributed the expected drop in production to changes to mining taxes introduced in January, which is driving companies to cut output."The n...Read More

Dow Ends Off on Reports of More China Tensions; Apple, Boeing Weigh - TheStreet

May 23, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now Qualcomm (QCOM - Get Report) tumbled Wednesday after a federal judge ruled in favor of the Federal Trade Commission in a long-running antitrust dispute over patents and licensing. The Dow Jones Industrial Average ended down on a report the U.S. could blacklist more Chinese companies. Target (TGT - Get Report)  climbed after the ret...Read More

BASE METALS WARRANT REPORT 22/05

May 23, 2019 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 22.Read More

LIVE FUTURES REPORT 22/05: LME copper price dips below $6,000/t amid trade uncertainties, robust dollar

May 23, 2019 / www.metalbulletin.com

The three-month copper's price on the London Metal Exchange fell by 1.3% at the close of trading on Wednesday May 22, with price pressure emerging from resurging trade tensions between the United States and China, while dollar strength is limiting commodity investment. Volumes were moderately high for the red metal by the close, totalling more than 18,000 lots traded, the most since May 13. Follow...Read More

US-China trade dispute key driver of copper price direction, ED&F Man exec says

May 23, 2019 / www.metalbulletin.com

Copper's fundamentals mean prices should be higher but much depends on the outcome of the US-China trade dispute, according to an executive at ED&F Man Capital Markets. Keith Gwozdz, vice president of metals at the LME brokerage firm, said that there are three potential outcomes when talks between the countries resume at the G20 summit of governments and central bank governors in Japan (June 28-29...Read More

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