Stornoway Diamond (TSE: SWY) finished the 2018 calendar year with less production and revenue and more losses. Total net loss for the year was $329.4 million or $0.39 per share, compared to a net loss in 2017 of $114.2 million or $0.14 per share.The company pointed out that those numbers include a non-cash impairment of $83.2 million, a deferred income tax expense of $77.4 million, and $227.1 mill...Read More
Stornoway Diamond (TSE: SWY) finished the 2018 calendar year with less production and revenue and more losses. Total net loss for the year was $329.4 million or $0.39 per share, compared to a net loss in 2017 of $114.2 million or $0.14 per share.The company pointed out that those numbers include a non-cash impairment of $83.2 million, a deferred income tax expense of $77.4 million, and $227.1 mill...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by adding reserves at its Wassa gold mine, both located in Ghana.In total the company has 19.4 million proven and probable tonnes grading 2.86 grams gold for 1.79 million oz. gold across its Wassa and Prestea gold mines.Its biggest los...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by adding reserves at its Wassa gold mine, both located in Ghana.In total the company has 19.4 million proven and probable tonnes grading 2.86 grams gold for 1.79 million oz. gold across its Wassa and Prestea gold mines.Its biggest los...Read More
K92 Mining (TSXV: KNT) has intersected 175 metres of 0.28 gram gold per tonne and 0.22% copper from 259 metres downhole at its Blue Lake porphyry prospect, 4 km southwest of its Kora deposit at the Kainantu gold mine in Papua New Guinea.The hole ended in mineralization.The company discovered the prospect in 2017 after a surface mapping and sampling program. It completed a soil grid at 50-metre spa...Read More
K92 Mining (TSXV: KNT) has intersected 175 metres of 0.28 gram gold per tonne and 0.22% copper from 259 metres downhole at its Blue Lake porphyry prospect, 4 km southwest of its Kora deposit at the Kainantu gold mine in Papua New Guinea.The hole ended in mineralization.The company discovered the prospect in 2017 after a surface mapping and sampling program. It completed a soil grid at 50-metre spa...Read More
K92 Mining (TSXV: KNT) has intersected 175 metres of 0.28 gram gold per tonne and 0.22% copper from 259 metres downhole at its Blue Lake porphyry prospect, 4 km southwest of its Kora deposit at the Kainantu gold mine in Papua New Guinea.The hole ended in mineralization.The company discovered the prospect in 2017 after a surface mapping and sampling program. It completed a soil grid at 50-metre spa...Read More
QUEEN'S PARK - Ontario's Government for The People will hold consultations across the province to hear from businesses about industrial electricity pricing and programs."If Ontario is going to be Open for Business, our job-creating industrial sectors need certainty around electricity prices," said Energy, Northern Development and Mines Minister Greg Rickford. "We want to hear firsthand their ideas...Read More
Ferro-Alloy Resources Group, which is producing vanadium in Kazakhstan, listed on the London stock market on Thursday, marking the first junior flotation in the sector this year.Vanadium has traditionally been used for strengthening steel, but its price has risen 450 percent in three years on expectations it can also be used for large-scale power storage, which could have a major role in a more el...Read More
"Catch up with our most recent cover story, on #copper prices staying down while a forecast supply gap gets wider ($) | https://t.co/BwpDUXwZkV"Read full newsRead More
In our March 27th INK subscriber US market update, we noted the divergence in insider sentiment between the Oil & Gas Exploration and Production (E&P) industry and the Industrials sector. The former was behaving in a bullish fashion and remained at a healthy level with our indicator above 100%. That means there are more stocks in the group with key insider buying that selling. In contrast, sentim...Read More
This analyst just cut FedEx's rating for the first time since 2017Susquehanna this morning just downgraded FedEx Corporation (NYSE:FDX) for the first time in two years. Specifically, the brokerage firm cut the shipping stock to "neutral" from "positive," and slashed its price target to $192 from $211. Analyst Bascome Majors said the company's capital expenditure is "more likely to rise before it...Read More
Keris Lahiff| @kerisalisonPublished 10 Hours AgoCNBC.com show chapters As gold miners rise, one could be on the verge of a breakout 3:57PM ET Wed, 27 March 2019 |03:14 Gold is coming under pressure Thursday morning.But, the charts are setting up for a bullish move that could take the yellow metal sharply higher, said Miller Tabak equity strategist Matt Maley Wednesday on CNBC'...Read More
Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that drilling and exploration activities at the Rozino gold deposit ("Rozino"), southeast Bulgaria, have resumed and are ongoing as planned (previous news release March 1, 2019). Read full newsRead More
Meanwhile, Tricida is one of the best stocks on the Street todayThe Dow has traded on both sides of breakeven today, as investors monitor U.S.-China trade talks. Among the stocks making big moves today, dialysis services provider American Renal Associates Holdings (NYSE:ARA) and sporting goods retailerSportsman's Warehouse Holdings Inc (NASDAQ:SPWH) are lower, while biotech Tricida Inc (NASDAQ:T...Read More
Gold prices on Thursday suffered the largest single-session percentage decline since August, to settle below the key $1,300 mark for the first time in two weeks. A firmer dollar helped to undercut demand. "The dollar has been rallying in recent days, and that certainly hasn't helped gold's case," said Brien Lundin, editor of Gold Newsletter. However, "there appears to be some selling involved tha...Read More
Gold prices on Thursday suffered the largest single-session percentage decline since August, to settle below the key $1,300 mark for the first time in two weeks. A firmer dollar helped to undercut demand. "The dollar has been rallying in recent days, and that certainly hasn't helped gold's case," said Brien Lundin, editor of Gold Newsletter. However, "there appears to be some selling involved tha...Read More
"Black Tusk (@tusk_inc) (#CSE: $TUSK) Initiates Permitting for Drill Program on the Cluster Project in Quebec [https://t.co/DS9KWsW7Lf]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #resources #PDAC2019 #gold"Read full newsRead More
QUEEN'S PARK - The Minister of Energy, Northern Development and Mines Greg Rickford is pleased to announce the appointment of Joe Oliver as a member of the Independent Electricity System Operator (IESO) Board of Directors."Joe has shown an unwavering commitment to public service and has enjoyed a distinguished career in financial services," said Minister Greg Rickford. "I am confident that he will...Read More
"FSD Pharma (@FsdPharma) (#CSE: $HUGE | #OTCQB: $FSDDF) to Establish Presence in Canada's Insurance Regimes [https://t.co/ppvGZ0CoJ3]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #cannabis"Read full newsRead More