Recent News

Legg Mason Call Volume Hits Annual High on Activist Chatter

May 15, 2019 / www.schaeffersresearch.com

Trian Fund Management is rumored to be pushing for changes at the investment firmLegg Mason Inc (NYSE:LM) stock is trading up 1.9% at $35.35, amid unconfirmed chatter Nelson Peltz's Trian Fund Management is pushing for plans to increase returns for LM shareholders. Buzz about the potential activist investor campaign follows the company's turn in the earnings confessional earlier this week, with LM...Read More

Sirona Biochem Receives Positive Clinical Results of its Skin Lightening Compound TFC-1067 from China --...

May 15, 2019 / twitter.com

"Sirona Biochem Receives Positive Clinical Results of its Skin Lightening Compound TFC-1067 from China -- #SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlightening --Read the News Release here: https://t.co/4GLQorRJX1"Read full newsRead More

Auto Tariff Update Turns Stocks Higher

May 15, 2019 / www.schaeffersresearch.com

The tech sector is performing well todayThe Dow Jones Industrial Average (DJI) has moved into the black at midday, overcoming early losses, thanks to a CNBC report indicating the Trump administration will delay tariffs on auto imports from Europe for up to six months. This comes after President Donald Trump said a trade deal with China is going to happen, while investors are also monitoring soft r...Read More

Condor Gold losses narrow as progress at La India pays off

May 15, 2019 / www.mining.com

Nicaragua-focused Condor Gold (LON:CNR) saw losses narrow in the first three months of the year as administrative expenses almost halved in relation to the same period in 2018.The miner logged a pre-tax loss for the period of ?352,553, compared to a ?602,678 loss a year before. This was almost entirely due to lower administrative expenses, which shrank to ?352,989 from ?602,915.In the quarter,...Read More

Condor Gold losses narrow as progress at La India pays off

May 15, 2019 / www.mining.com

Nicaragua-focused Condor Gold (LON:CNR) saw losses narrow in the first three months of the year as administrative expenses almost halved in relation to the same period in 2018.The miner logged a pre-tax loss for the period of ?352,553, compared to a ?602,678 loss a year before. This was almost entirely due to lower administrative expenses, which shrank to ?352,989 from ?602,915.In the quarter,...Read More

Condor Gold losses narrow as progress at La India pays off

May 15, 2019 / www.mining.com

Nicaragua-focused Condor Gold (LON:CNR) saw losses narrow in the first three months of the year as administrative expenses almost halved in relation to the same period in 2018.The miner logged a pre-tax loss for the period of ?352,553, compared to a ?602,678 loss a year before. This was almost entirely due to lower administrative expenses, which shrank to ?352,989 from ?602,915.In the quarter,...Read More

Chile's Codelco strikes labor deal with supervisors at Salvador mine

May 15, 2019 / www.mining.com

State miner Codelco, the world's top copper producer, said on Wednesday that it had agreed on a new labor contract with the union of supervisors at its small Salvador mine in northern Chile.The union and company had entered into a government mediated negotiation earlier this month after supervisors rejected the company's previous offer and alleged that Codelco was putting undue pressure on its wor...Read More

Expecting Range Bound Trading In Gold

May 15, 2019 / www.fxstreet.com

Our neutral stance on gold proved correct so far. We’ve forecasted a correction in the neighborhood of 5%-7% from the swing high, which ended in February 2018. Price action took us right into that area already. The overall result is that gold has not made any progress since Christmas 2018. We remain with our forecast that the current correction will bring an attractive entry opportunity. Gol...Read More

Trump administration opens up Minnesota wilderness area to copper mining

May 15, 2019 / www.mining.com

The U.S. Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, a key step in opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups.The department's Bureau of Land Management granted the hardrock mineral leases inside the Superior National Forest to Twin...Read More

Trump administration opens up Minnesota wilderness area to copper mining

May 15, 2019 / www.mining.com

The U.S. Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, a key step in opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups.The department's Bureau of Land Management granted the hardrock mineral leases inside the Superior National Forest to Twin...Read More

Lithium Americas names new CEO, quarterly loss shrinks

May 15, 2019 / www.mining.com

Lithium Americas Corp, which is developing lithium projects in Argentina and Nevada, said on Wednesday that its quarterly loss shrank as costs fell and sales rose, and that its chief executive would retire.The company is one of a handful of junior miners around the world working to develop mines for lithium, a key metal used to make electric vehicle batteries.The company spent more than $45 millio...Read More

eHealth Calls Hot After Big Price-Target Hike

May 15, 2019 / www.schaeffersresearch.com

The brokerage firm expects the shares to doubleThe shares of eHealth, Inc. (NASDAQ:EHTH) are higher today, after analysts at SunTrust Robinson Humphrey hiked their price target by 33% to $120 -- roughly double yesterday's close. What's more, the online health insurance exchange provider is attracting fresh option bulls, with EHTH call volume running hot already today.eHealth shares were last seen...Read More

Azimut Exploration, SOQUEM strike alliance

May 15, 2019 / www.mining.com

Azimut Exploration and SOQUEM, a subsidiary of Ressources Qu?(C)bec, have signed the final agreement of their expanded strategic alliance, previously announced on Feb. 25.The alliance comprises nine gold and copper-gold major properties totalling 7,149 claims with a surface area of 3,277 sq. km. The properties are located in the prospective Eeyou Istchee James Bay and Nunavik regions of Quebec. Th...Read More

Azimut Exploration, SOQUEM strike alliance

May 15, 2019 / www.mining.com

Azimut Exploration and SOQUEM, a subsidiary of Ressources Qu?(C)bec, have signed the final agreement of their expanded strategic alliance, previously announced on Feb. 25.The alliance comprises nine gold and copper-gold major properties totalling 7,149 claims with a surface area of 3,277 sq. km. The properties are located in the prospective Eeyou Istchee James Bay and Nunavik regions of Quebec. Th...Read More

Don't Dump Apple Stock Just Yet

May 15, 2019 / www.schaeffersresearch.com

The FAANG stock is trading near a historically bullish trendlineIt's been a bumpy ride for Apple Inc. (NASDAQ:AAPL) in recent weeks, with the FAANG stock pressured by increasing U.S.-China trade tensions, as well as an unfavorable Supreme Court ruling. All hope is not lost for the tech shares, though, considering they are now trading near a trendline that's had bullish implications for AAPL in the...Read More

Positive heap leach test results lift Marathon Gold's shares

May 15, 2019 / www.mining.com

Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More

Positive heap leach test results lift Marathon Gold's shares

May 15, 2019 / www.mining.com

Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More

Positive heap leach test results lift Marathon Gold's shares

May 15, 2019 / www.mining.com

Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More

Positive heap leach test results lift Marathon Gold's shares

May 15, 2019 / www.mining.com

Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More

Trump likes fossil fuels but investors don't

May 15, 2019 / www.mining.com

Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas and oil crowd?Trump campaigned against the scientific consensus on climate change and promised to repeal any regulation that impeded the exploration, drilling, mining and bu...Read More

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