On Monday, May 13, McEwen Mining reported that a fatal accident involving a contractor's employee occurred at the Gold Bar Mine in Nevada. The Company initiated an investigation into the accident, working with the contractor and the local authorities to determine the cause. The accident involved a haul truck that overturned while operating at the site, and the individual who was fatally injured...Read More
On Monday, May 13, McEwen Mining reported that a fatal accident involving a contractor's employee occurred at the Gold Bar Mine in Nevada. The Company initiated an investigation into the accident, working with the contractor and the local authorities to determine the cause. The accident involved a haul truck that overturned while operating at the site, and the individual who was fatally injured...Read More
VF Corp will report earnings on Wednesday, May 22, before the openSeveral retail names step into the earnings confessional next week, including VF Corp (NYSE:VFC), set to report on Wednesday, May 22, before the open. Ahead of the event, Goldman Sachs initiated coverage on the North Face parent with a "buy" rating and $97 price target, home to its Aug. 10 record high. The analyst in coverage sees...Read More
Retail is hot today, with UAA shares leading the SPX U.S. stocks have overcome early losses, with the Dow Jones Industrial Average (DJI) erasing a triple-digit decline thanks to another round of bullish economic data. Today it's consumer sentiment that's bringing buyers back to the table, with the University of Michigan index jumping to its highest point in 15 years in May. This update has helped...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
Brazil's Vale's warning that a tailings dams at its shuttered Gongo Soco mine in Minas Gerais is at risk of rupturing as soon as next week lit a fire under iron ore prices on Friday, sending the steelmaking raw material to a five-year high.The Chinese import price of 62% Fe content ore jumped 2.5% on Wednesday to trade at $101.71 per dry metric tonne, according to data supplied by Fastmarkets MB...Read More
The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better than b...Read More
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The shares just flashed a bullish signal on the charts, tooThe shares of Foot Locker, Inc. (NYSE:FL) are up 1.6% at $56.36 this morning, after analysts at B. Riley FBR upgraded the retail stock to "buy" from "neutral." The brokerage firm also hiked its price target on FL to $73 from $62, and said the stock's recent pullback creates an attractive entry point for bulls. Further, the analysts waxed o...Read More
Learn how to protect savings and maximize returns by investing in precious metals.Gold Trust would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals 2019!Their goal is to help regular investors learn the "pro" secrets...Read More
Most analysts have remained bullish on TTWO and EAThe shares of video game stocks Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and Electronic Arts Inc. (NASDAQ:EA) have been unspectacular in recent months. However, both received upbeat analyst attention this morning, which we'll dig into below. TTWO's analyst note is less ambitious than the one on EA, with BMO upping its price target to $95 f...Read More
China headwinds are likely capping NVDA gains thoughThe shares of Nvidia Corporation (NASDAQ:NVDA) have had an eventful morning. The chipmaker last night reported first-quarter adjusted earnings of 88 cents per share, beating out the forecasted mean of 81 cents per share. Revenue and second-quarter sales guidance also topped estimates, thanks to higher demand for gaming chips. In fact, CEO Jensen...Read More
Ontario's government is working for the people of Northern Ontario by supporting economic development in Sault Ste. Marie with an investment in streetscapes, buildings and public spaces, creating 20 new indirect jobs.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced an investment of $600,000 to help the City of Sault?EUR?Ste. Marie rev...Read More
Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More
Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More