"Pancon Acquires Ni-Cu-Co St. Laurent Project & Consolidates Its Battery & Energy Metals Strategy in Northern Ontario @PanconResources https://t.co/ZJErJbdo88"Read full newsRead More

Chilean state miner Codelco said on Monday it had terminated its contract with Canadian company SNC-Lavalin Group Inc at its Chuquicamata mine in northern Chile, accusing the engineering firm of failing to comply with its work commitments at the world's largest open pit mine.World top copper miner Codelco said the $260 million contract with SNC-Lavalin had included engineering, supply and construc...Read More

Chilean state miner Codelco said on Monday it had terminated its contract with Canadian company SNC-Lavalin Group Inc at its Chuquicamata mine in northern Chile, accusing the engineering firm of failing to comply with its work commitments at the world's largest open pit mine.World top copper miner Codelco said the $260 million contract with SNC-Lavalin had included engineering, supply and construc...Read More

AAPL is expected to unveil its new streaming services at an event later todayOptions volume is accelerated on Apple Inc. (NASDAQ:AAPL) this morning, ahead of the today's highly anticipated event, where the tech titan is expected to unveil details for its new video and news streaming services. At last check, around 219,000 calls and 153,000 puts have changed hands on AAPL stock -- nearly double wha...Read More

Chile said on Monday it would shortly begin accepting bids from local and foreign companies seeking to develop battery materials within the South American nation using discounted Chilean lithium provided by top miner SQM.Chilean authorities struck a deal in January 2018 with SQM that ended a long-running dispute over royalty payments and allowed the miner to boost production from Chile's Salar de...Read More

Some options traders have been betting on upside for KBRThe shares ofKBR, Inc. (NYSE:KBR) are trading down 0.6% at $18.16, despite news the company won a nearly $96 million contract to supply cybersecurity and engineering services to the U.S. military. This just extends the selling seen on Friday that pushed the equity down 4.6% and below the 200-day moving average, which had briefly stepped up as...Read More

Canopy Growth scored a license for its New Brunswick production facilityCanopy Growth Corp (NYSE:CGC) stock was up nearly 1.9% out of the gate, after the cannabis producer received a license from Health Canada to increase cultivation at its facility in New Brunswick. The company hopes to boost production by more than 5,000 kilograms annually, with the first harvest expected within six months. Am...Read More

SRPT was initially higher after an update on its DMD treatment The shares of Sarepta Therapeutics Inc (NASDAQ:SRPT) were higher in pre-market trading, after the biopharmaceutical company gave a positive update on an early study of its Duchenne muscular distrophy (DMD) gene therapy treatment. However, SRPT stock has since reversed lower, last seen down 3.5% at $118.SRPT stock just hit a four-month...Read More

The brokerage firm also downgraded the cloud stock to "sell"Deutsche Bank downgraded Akamai Technologies, Inc. (NASDAQ:AKAM) stock to "sell" from "hold," and slashed its price target to $58 from $64 -- the lowest on Wall Street. This bearish tilt echoes last week's comments from Cowen, which said AKAM stock slid to the number 23 spot on its "conviction list," after coming in fifth last November.To...Read More

DERM has already added 80% since JanuaryDermatological biopharma Dermira Inc (NASDAQ:DERM) is up 2.6% at $13.33 in early trading, after receiving multiple bull notes in response to its "Life Unfolds" campaign, which shines a light on its excessive underarm sweat treatment, the Qbrexa cloth. Ahead of today's bull notes, however, DERM was already enjoying the positive impact of a March 18 announcem...Read More

Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on Monday as it urged shareholders to back its proposed takeover by Sibanye-Stillwater.The London-listed company, crippled by soaring costs and subdued platinum prices, has been cutting spending to conserve cash and retain a positive balance sheet required by con...Read More

Top U.S. trade negotiators are in Beijing this weekDow Jones Industrial Average (DJI) futures are pointed slightly higher this morning, after Special Counsel Robert Mueller's investigation into Russian interference in the 2016 U.S. presidential election found no evidence of collusion on the part of President Donald Trump's campaign. This is helping offset fears of a global recession that were spa...Read More

Mining giants Rio Tinto, BHP Group and Fortescue Metals said their Australian operations had suffered some impact after two cyclones hit the country over the weekend, with clean up starting on Monday in the wake of the storms.Cyclone Veronica has been weakening after battering Australia's northwest, while further east, Cyclone Trevor was downgraded to a low pressure system on Sunday.A state of eme...Read More

Gold miner Caledonia Mining is seeking ways to deepen its investment in Zimbabwe even though a currency crisis has dented its earnings and bureaucracy has slowed the company's purchase of an increased stake.The end of Robert Mugabe's rule in 2017 after an army coup led to a rush of excitement that miners would flood in to develop the nation's mineral wealth.The end of Robert Mugabe's rule in 2017...Read More

Gold miner Caledonia Mining is seeking ways to deepen its investment in Zimbabwe even though a currency crisis has dented its earnings and bureaucracy has slowed the company's purchase of an increased stake.The end of Robert Mugabe's rule in 2017 after an army coup led to a rush of excitement that miners would flood in to develop the nation's mineral wealth.The end of Robert Mugabe's rule in 2017...Read More

Analysts have taken a hatchet to their forecasts for the upcoming round of corporate earningsThe following is a reprint of the market commentary from the April 2019 edition of The Option Advisor, published on March 22. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Following Wednesday's "no hike" decision from the...Read More

(Corrects industry body name to Minerals Council from MinesCouncil)JOHANNESBURG, March 25 (Reuters) - South Africa's gold andplatinum mines will shed around 90,000 jobs in the next threeyears as above-inflation electricity price increases by powerutility Eskom add to already soaring operating costs, anindustry body said on Monday."In total, as many as 90,222 jobs would be at risk solely asa r...Read More

There's some downside risk for stocks this week as the month of March wraps upThe doubt we had in the S&P 500 Index (SPX - 2,800.71) breakout manifested itself late last week, after the Federal Open Market Committee (FOMC) decided to hold rates steady at the conclusion of its meeting on Wednesday. As we mentioned previously, nearly all market participants had largely expected this result. However,...Read More

* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, March 25 (Reuters) - Copper prices touched theirlowest level in more than a month on Monday on worries aboutglobal economic growth, but falling inventories and the upcomingpeak demand season for industrial metals were seen curbinglosses."There are some headwinds from a macro perspective after thebroader reaction...Read More

* German business climate index increases, survey shows * London's FTSE 100 leads losses * Britain's Inmarsat gains on $3.4 bln buyout offer (Updates to closing)By Susan MathewMarch 25 (Reuters) - Europe suffered a fourth day of lossesas persistent worries about the pace of global growth and Brexituncertainty took their toll on shares in the region.The pan-European STOXX 600 index closed 0.45perce...Read More