Brazilian President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.The National Reserve of Copper and Associates (Renca) occupies roughly 17,800 square miles (46,100 square kilometers), an area slightly larger than Denmark, that is...Read More
Polish lawmakers approved a 15% cut to the country's copper tax on Friday, which would give state-run KGHM (WSE:KGH) a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past few years.The motion was approved by 407 members of the parliament's lower house, dominated by the ruli...Read More
In a deal that could have a transformative impact on the contemporary energy industry, Chevron on Friday revealed plans to acquire oil and gas producer Anadarko Petroleum in a cash and stock deal valued at $33 billion.Read full newsRead More
COLL is no stranger to bull notesShares of Collegium Pharmaceutical Inc (NASDAQ:COLL) are making positive moves this morning, just after landing a "buy" rating and $29 price target out of Janney Montgomery. This type of bull note is not unusual for the stock, however, as all eight covering firms held "buy" or "strong buy" ratings coming into today. Plus, COLL's average 12-month price target corre...Read More
BEIJING - China's copper concentrate imports fell 8% in March from the month before when imports were unusually strong due to restocking ahead of the Lunar New Year holidays, customs data showed on Friday.Arrivals of copper concentrate, or partially processed copper ore, were 1.77 million tonnes last month, according to the General Administration of Customs data. That is up 10.6 percent from March...Read More
Analysts are growing bullish on Murphy OilEnergy names Chevron Corporation (NYSE:CVX) and Murphy Oil Corporation (NYSE:MUR) are reacting to headlines today in opposite ways. First up, Chevron inked a deal to buy Anadarko Petroleum (APC) for $33 billion that values APC at $65 per share. MUR stock, meanwhile, is higher on upbeat analyst attention.The Anadarko deal gives Chevron greater access to t...Read More
The FAANG stock is down as Disney aggressively pushes its new streaming platform Streaming giant Netflix, Inc. (NASDAQ:NFLX) is getting ready to face some major competition. Entertainment heavyweight Walt Disney (DIS) will enter the on-demand video arena with its new Disney+ service in mid-November. Disney said its family-friendly streaming service will be priced below Netflix's current rates, and...Read More
The Dow stock hit a record high out of the gateIt's a busy morning on Wall Street, and while most eyes are on a batch of blowout bank earnings, Walt Disney Co (NYSE:DIS) is making plenty of waves, too. The entertainment giant unveiled details for its highly anticipated Disney+ streaming service, which will be available in the U.S. beginning Tuesday, Nov. 12, for $6.99 per month, below rival Netfli...Read More
SHANGHAI - General Lithium Corp, China's fourth-biggest lithium producer, plans to start building a plant to convert mineral ore to lithium that will more than triple its capacity by the end of 2020, a company official said on Friday.The plant will convert spodumene, a hard-rock mineral mined for lithium, into 60,000 tonnes of lithium carbonate equivalent (LCE) per year in the city of Yichang, in...Read More
Oil prices are on track for their longest weekly win streak in yearsDow Jones Industrial Average (DJI) futures are trading more than 200 points above fair value, as Wall Street reacts to blowout bank earnings. The S&P 500 Index (SPX) is also signaling a strong start, as shares of JPMorgan Chase (JPM) and Wells Fargo (WFC) rise after the financial firms reported first-quarter profit beats. Walt Dis...Read More
ToledoTrade is offering Schaeffer's VIPs a special introductory offer. The following is a paid advertisement. ToledoTrade may compensate Schaeffer's for referring prospects over to ToledoTrade.Starting today, a special offer with the recently launched online brokerage service, ToledoTrade, is giving Schaeffer's VIPs a special offer, including trades from $1 until 2020... or even at cost!1Why...Read More
"We are delighted to announce that the Mining Journal awards is back on the 25th June 2019! https://t.co/jw5k6OIw36#MJSLondon #MJAwards #Aspermont #MiningJournal #Awards #london #ukawards #winning #announcement #awardwinners #spring #event #miningevent #miningnews #networking"Read full newsRead More
Revelo Resources (TSXV: RVL) and Sociedad Qu?-mica y Minera de Chile (NYSE: SQM) have signed an exploration option agreement under which SQM can acquire up to an 80% interest in Calvario and Mirador, two of Revelo's copper-focused projects in northern Chile.According to Revelo, both Calvario and Mirador display widespread geological characteristics indicative of the upper parts of possible porphyr...Read More
Revelo Resources (TSXV: RVL) and Sociedad Qu?-mica y Minera de Chile (NYSE: SQM) have signed an exploration option agreement under which SQM can acquire up to an 80% interest in Calvario and Mirador, two of Revelo's copper-focused projects in northern Chile.According to Revelo, both Calvario and Mirador display widespread geological characteristics indicative of the upper parts of possible porphyr...Read More
GoldSpot Discoveries (TSXV: SPOT) and Gran Colombia Gold (TSX: GCM) announced that they have established a partnership to use machine learning to identify new drilling targets at the Segovia operation located in the Segovia-Remedios mining district of Antioquia, northwestern Colombia."With the recent closing of a C$20-million private placement, Gran Colombia plans to dramatically accelerate the ex...Read More
GoldSpot Discoveries (TSXV: SPOT) and Gran Colombia Gold (TSX: GCM) announced that they have established a partnership to use machine learning to identify new drilling targets at the Segovia operation located in the Segovia-Remedios mining district of Antioquia, northwestern Colombia."With the recent closing of a C$20-million private placement, Gran Colombia plans to dramatically accelerate the ex...Read More
The gold came under pressure yesterday on increasing trust in the global economic performance following the drop of US initial jobless claims of the week ending Apr. 5 to 196k which is the lowest level of this indicator since 1969. The figure underscored the labor market health which is still unfazed of the worries about the global economic slowdown, the Trade War and also the tightening actions t...Read More
Apr 11, 2019 (Baystreet.ca via COMTEX) -- 2019 is set to be the year of an epic gold rebound that dwarfs the 2016 rally. The global economy is throwing up...Read full newsRead More
Two months after disappointing the market with its annual results, the world's second-largest lithium miner said expansion plans had gone better than expected and that sales would likely beat its forecasts for this year.Santiago-based Soc. Quimica y Minera de Chile SA will exceed its sales target of just under 50,000 tons of lithium as output ramps up at its operations in the Atacama salt flat, ac...Read More
How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More