The drink stock tends to outperform in the April-July periodBeverage giant PepsiCo, Inc. (NASDAQ:PEP) touched a record high of $123.19 on March 27, barreling through former resistance in the $120-$122 neighborhood. Since then, that area - also home to a 10% year-to-date gain -- has switched roles to provide support, and PEP's recent pullback from all-time peaks presents an opportunity to get in on...Read More

US labor market strengthened again and the yield curve inversion looks to be over. Has the sky cleared? Hold on, Brexit is just around the corner. Given the circumstances, are gold prices more likely to rise or fall? America Creates almost 200,000 new jobs in March US economy added 196,000 jobs last month, following a disappointing rise of 33,000 in February (after an upward revision). The number...Read More

Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Chile and among the world ?s largest. Last year the mine produced 560,000 tonnes of copper, placing it among Chile ?s top three producing mines. "This ye...Read More

Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Chile and among the world ?s largest. Last year the mine produced 560,000 tonnes of copper, placing it among Chile ?s top three producing mines. "This ye...Read More

Great Panther Mining (TSX:GPR; NYSE:GPL) (Read full newsRead More

Boeing continues to be the worst Dow stockThe Dow Jones Industrial Average (DJI) is down triple digits, as Boeing's (BA) 737 MAX jet troubles continue. Elsewhere, tariff threats between the European Union (EU) and the U.S. are keeping traders on the sideline, as is another downwardly revised global growth forecast from the International Monetary Fund (IMF). Against this backdrop, the S&P 500 I...Read More

The recent jump in platinum-group metals prices is boosting miners' profits, but that doesn't mean they are likely to increase supply anytime soon, according to the world's No. 1 producer.Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa. The so-called rand basket price for the industry has increased by 20 to 25 p...Read More

Options traders are betting on more upside for the sharesThe shares of Apple Inc. (NASDAQ:AAPL) are higher yet again today, with help from a price-target boost to $225 from $215 at Wedbush. The stock is now pacing for a 10th consecutive day in the black, and its second straight close above $200 -- a feat not accomplished since November. The last time the FAANG stock closed lower was on March 26 --...Read More

Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings. We are not going to change the policy; we think it has served...Read More

Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings. We are not going to change the policy; we think it has served...Read More

China's central bank demand for gold supports bullish interim trend.Only the strong dollar stands in the way of a spring gold rally.Gold stock internal momentum could use some major improvement.Increased gold demand from China is making an upside breakout in the gold price later this spring a very real possibility. That's the conclusion from the revelation this week that China's central bank h...Read More

Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the...Read More

Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the...Read More

Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the...Read More

The company cut its Q1 guidance due to 737 MAX 8 cancellationsAirline stocks remain in focus this week, with American Airlines Group Inc (NASDAQ:AAL) the latest of the sector moving lower. Down 3.3% at $32.77, at last check, AAL is suffering after the company slashed its first-quarter revenue outlook, due to cancellations stemming from Boeing's (BA) 737 MAX 8 problems. American Airlines employs 24...Read More

The world's biggest platinum producer is preparing for tough wage negotiations as higher metal prices spur labor union demands.Talks over a new three-year industry deal are looming as the so-called rand basket price for platinum and its sister metals has surged by 20 percent to 25 percent this year. While a four-month wage dispute at Sibanye Gold Ltd.'s gold mines could spill over into the platinu...Read More

Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission's Triple R deposit and NexGen's Arrow deposit.Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).W...Read More

Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission's Triple R deposit and NexGen's Arrow deposit.Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).W...Read More

Analysts are overwhelmingly bullish on the nameGeron Corporation (NASDAQ:GERN) stock is red-hot today, after Needham upgraded the cancer specialist to "buy" from "hold, and assigned a $3 price target -- a 63% premium to last night's close. The brokerage firm said the "negative optics of a big pharma passing on imetelstat" creates a buying opportunity for the penny stock. This comes after Johnson &...Read More

Rio Tinto said on Tuesday it will join a World Bank initiative intended to help developing countries sustainably mine lithium, cobalt and other minerals critical to the global electrification trend.Rio's participation in the program, known as Climate-Smart Mining and set to launch in May, comes as miners face increasing pressure from investors and non-governmental organizations to make supply chai...Read More