Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces operational and financial results for Q4 and full year 2018, and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. The Company will host a conference call on Thursday, April 18, 2019 at 10:00 A.M. Central to discuss its Q4 and full year 2018 re...Read More
Arch Coal Inc. has a novel approach to beating the market: by not getting any more valuable. The miner's stock has risen by almost 50 percent since October 2016, when it emerged from bankruptcy. Its market value, however, is roughly where it began.The variable is the share count. Arch authorized a buyback program in April 2017 and by the end of 2018 had repurchased almost 30 percent of its stock.I...Read More
Intel and Qualcomm are higher in electronic tradingDow Jones Industrial Average (DJI) futures are signaling a higher open, as traders digest data that showed the Chinese economy grew at a faster-than-anticipated pace in the first quarter. Back at home, corporate earnings continue to pour in, with Netflix (NFLX) stock up after earnings, while Intel (INTC) shares are surging on the blue chip's plans...Read More
BofA believes Aurora and Canopy Growth could do well in the global cannabis marketsOne of today's most notable headlines from Wall Street came out of BofA-Merrill Lynch, which initiated coverage on marijuana stocks Aurora Cannabis Inc (NYSE:ACB) and Canopy Growth Corp (NYSE:CGC) with "buy" ratings. Aside from the bullishness of the note, it's also noteworthy because so few Wall Street firms have y...Read More
Morocco's leading mining firm Managem said it is considering raising 200 million dollars through sales of non-convertible bonds with a maturity of up to 7 years to fund its development plans.The terms of the issuance will have to be approved by its general assembly on May 6, Managem said in a statement.Last month, the group reported a 16 percent drop in 2018 revenue to 4.35 billion dirhams ($454.5...Read More
Morocco's leading mining firm Managem said it is considering raising 200 million dollars through sales of non-convertible bonds with a maturity of up to 7 years to fund its development plans.The terms of the issuance will have to be approved by its general assembly on May 6, Managem said in a statement.Last month, the group reported a 16 percent drop in 2018 revenue to 4.35 billion dirhams ($454.5...Read More
Morocco's leading mining firm Managem said it is considering raising 200 million dollars through sales of non-convertible bonds with a maturity of up to 7 years to fund its development plans.The terms of the issuance will have to be approved by its general assembly on May 6, Managem said in a statement.Last month, the group reported a 16 percent drop in 2018 revenue to 4.35 billion dirhams ($454.5...Read More
A five-month long strike affecting Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) gold operations in South Africa came to an end on Wednesday, after the company reached an agreement with the Association of Mineworkers and Construction Union (AMCU).Sibanye, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output bec...Read More
A five-month long strike affecting Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) gold operations in South Africa came to an end on Wednesday, after the company reached an agreement with the Association of Mineworkers and Construction Union (AMCU).Sibanye, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output bec...Read More
(corrects to make clear price closed up in para 4) * GRAPHIC-2019 asset returns:* China data boosts metals sentimentBy Zandi ShabalalaLONDON, April 17 (Reuters) - Copper prices hit a nine-monthhigh on Wednesday as firmer-than-expected economic growthfigures from China boosted expectations for higher demand in theworld's top metals consumer.China's economy grew at a 6.4 percent pace in the firstqua...Read More
"Thor Explorations has got itself US$78M to build the Segilola #gold mine in Nigeria in a complicated financing deal | https://t.co/OpRYcArOil #TSX"Read full newsRead More
UK-based International Tin Association (ITA) and US-based Responsible Business Alliance has announced the signing of a memorandum of understanding aimed at promoting the responsible production and sourcing of tin."Both industry groups pioneered approaches to tackling minerals sourcing challenges from higher risk areas and intend that these experiences are used in setting a common direction for fut...Read More
Along with 25 names to beware of Markets are closed at the end of this week for Good Friday, as many get ready to celebrate Easter over the weekend. So, it's a good time to see how stocks have tended to perform around the holiday. Also, I found an interesting stat on what Easter means for the rest of the year, and finally, I'll list the best and worst stocks in the week following Easter.Stocks Per...Read More
Mabiza Resources and its major investor, London-based Consolidated Nickel Mines (CNM) announced that operations have been resumed at the Munali nickel mine in southern Zambia.The restart is taking place following a $50-million refurbishment that included the re-engineering of all key technical aspects of the project, from reinterpreting the orebody and changing the mining method, to revising the m...Read More
Highland Gold Mining Limited (LON:HGM) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of HGM, it is a depend...Read full newsRead More
* Economy Minister Altmaier presents spring forecast * Berlin sees growth of 0.5 pct in 2019, 1.5 pct in 2020 * Trade disputes, Brexit weighing on economy * Government to pour billions in R&D incentives (Adds president of Ifo institute)By Michael NienaberBERLIN, April 17 (Reuters) - The German government is eyeingincentives to boost corporate research and development aftercutting its forecast...Read More
Lumina Copper has halted operations at its Caserones mine, in Chile's northern Atacama region, following the death of one of its contractors.The company, majority-owned by Japan's top smelter, JX Nippon Mining & Metals, in conjunction with fellow miners Mitsui Mining and Mitsui Co., said the fatal accident happened on Tuesday afternoon outside the truck shop.Lumina noted the cause of the accident...Read More
Lumina Copper has halted operations at its Caserones mine, in Chile's northern Atacama region, following the death of one of its contractors.The company, majority-owned by Japan's top smelter, JX Nippon Mining & Metals, in conjunction with fellow miners Mitsui Mining and Mitsui Co., said the fatal accident happened on Tuesday afternoon outside the truck shop.Lumina noted the cause of the accident...Read More
* FTSE 100 about flat* FTSE 250 down 0.3 pct * Mining shares hit as Vale set to reopen Brazilian mine * Bunzl plunges after first-quarter update * Mediclinic surges on mid-caps (Adds company news items, updates to closing prices)By Muvija M and Samantha MachadoApril 17 (Reuters) - Britain's FTSE 100 was off itssix-month high as a fall in miners over Vale's plans to reopen amajor Brazilian mine off...Read More
Botswana's state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world's top producers.The 20.46-carat, oval-shape fancy precious rock has been named "The Okavango Blue" in honour of the Okavango Delta, the country's wildlife-rich world heritage site.From all coloured diamonds, b...Read More