RWLK scored a big FDA win with its exo-suitThe Nasdaq is bookended by two healthcare stocks today. At the top, there's medical device concern ReWalk Robotics Ltd. (NASDAQ:RWLK), a whopping 160% higher to trade at $8.63, after the Food and Drug Administration (FDA) cleared the company's ReStore Exo-Suit for sale at U.S. rehab clinics. The suit is designed for stroke survivors with mobility issues....Read More
Ontario's government is working for the people by investing more than $3.1 million in 13 agricultural companies in the northeast, creating or retaining 39 jobs."By investing in agricultural projects that stimulate growth and innovation, we are reinforcing the north's competitive advantage and sending a signal to the world that Northern Ontario is open for business and open for jobs," said Greg Ric...Read More
GameStop just reported a first-quarter revenue disappointment, and halted its quarterly dividend The video game retailer GameStop Corp (NYSE:GME) took a massive hit today, after its first-quarter earnings report sparked a major sell-off in early morning trading. While the firm reported earnings that beat analysts' expectations, GME's revenue of $1.55 billion came in lower than the estimated $1.64...Read More
Donald Trump's trade wars are increasing scrutiny of an obscure process that has boosted how much U.S. beer makers and bottlers pay for aluminum cans.The chairman of Molson Coors Brewing Co. and a bottler for PepsiCo Inc. are urging the U.S. government to investigate the process used to set benchmark aluminum premiums, which have doubled from 2017 levels in the wake of U.S. import tariffs. And the...Read More
The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway, banking and industry sources said.Guinea's aspirations to develop Simandou, the world's largest known untapped iron ore deposit, have foundered because of the cost of infrastructure and protra...Read More
New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years.That will come as a relief for oil giants such as France's Total SA and ExxonMobil Corp which have done deals and were wondering if Marape would put them up for review.Marape,...Read More
This morning's jobs data badly missed expectationsFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, as stocks try to build off their best day in months on Tuesday. However, investors this morning were greeted by a bad miss in the ADP employment report, with just 27,000 private payrolls added in May, compared to 173,000 expected -- potentially adding to recent fears of...Read More
New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years.That will come as a relief for oil giants such as France's Total SA and ExxonMobil Corp which have done deals and were wondering if Marape would put them up for review.Marape,...Read More
Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the proposed restructuring of the South African company's gold mining operations, following financial losses at some of its mines since 2017.The number of job losses is lower than a February forecast that put layoffs at about 5,870 employees and 800 contractors.The precious metal miner said it had concluded talks with stakehold...Read More
"NOW LIVE: Global METS Investment Report 2019 provides expert analysis and highlights on the Top 100 companies, METS Finance and leadership MINTECH rising plus much more.Get the free excerpt here - https://t.co/WMKRHVeBOr#aspermont #mining #technology #equipment #services"Read full newsRead More
When the next downturn will occur?Why does this recovery diverges from the historical pattern?What it all means for the gold prices?We are just a few weeks from breaking the record. If the current US economic expansion lasts until July 2019, it will reach 121 months, becoming the longest ever. The extended duration of the prosperity begs the question of when the next downturn will occur. We invite...Read More
We highlight four gold mining ETFs and stocks that have led the market in May.Read full newsRead More
The world's 40 largest mining companies showed steady growth in 2018 and consolidated the positive performance they had over the past several years, a new report by PwC revealed.In its Mine 2019: Resourcing the future report, the multinational professional services network states that, as a group, the top 40 mining firms increased revenue by 8% to $683 billion, buoyed by higher commodity prices an...Read More
The world's 40 largest mining companies showed steady growth in 2018 and consolidated the positive performance they had over the past several years, a new report by PwC revealed.In its Mine 2019: Resourcing the future report, the multinational professional services network states that, as a group, the top 40 mining firms increased revenue by 8% to $683 billion, buoyed by higher commodity prices an...Read More
* GRAPHIC-2019 asset returns:* Nickel hits lowest in over four months (Releads, adds fresh comment, updates with closing prices)By Pratima DesaiLONDON, June 5 (Reuters) - Copper sunk to a five-month lowon Wednesday as a firmer dollar and anxiety about the fallout ongrowth and demand from the U.S.-China trade dispute outweigheddovish comments from the U.S. Federal Reserve chairman.Benchmark copper...Read More
Volatility could ramp up in the near termI'm old enough to remember when there was only one expiration date per month available for options on stocks. It was the third Friday of each month. That's still the most heavily traded expiration date, but with weekly expiration dates now available on so many stocks, there's less focus on how the third Friday of the month affects stocks. This month, howeve...Read More
". @emmerson_plc is a potash development company focused on the development of the Khemisset Potash Project in Northern Morocco and we are pleased to announce that they will be joining us at Mining Journal Select this month! Register here: https://t.co/qhqmCphM6E"Read full newsRead More
The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands of Ontario, Canada.Ogoki and Kagiami sit 200 kilometres southwest of DeBeers' Victor diamond mine, approximately 150 kilometres sou...Read More
The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands of Ontario, Canada.Ogoki and Kagiami sit 200 kilometres southwest of DeBeers' Victor diamond mine, approximately 150 kilometres sou...Read More
The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands of Ontario, Canada.Ogoki and Kagiami sit 200 kilometres southwest of DeBeers' Victor diamond mine, approximately 150 kilometres sou...Read More