Palantir Technologies is a private American software and services company which specializes in big data analysis. Headquartered in Palo Alto, California, the company is known for two projects in particular: Continue...Read More
Good morning from Metal Bulletin's office in Singapore as we bring you the latest news and pricing stories on Wednesday February 28.Base metals traded on the Shanghai Futures Exchange were down across the board during Asian morning trading on Wednesday, with a firmer dollar and disappointing Chinese macro-economic data denting sentiment for the complex.Check Metal Bulletin's live futures report he...Read More
Baker Steel Resources Investment Trust's (LON:BSRT) Trevor Steel discusses the decision by Polar Acquisition Limited, one of the most significant investments held by Baker Steel, to sell its interest in the Prognoz silver mine in Russia to Polymetal International PLC.At the January monthly update, Polar Acquisition represented just under 38% of Baker Steel's net asset value.Steel also discusses th...Read More
> Amid NAFTA talks, Mexico airs concerns over U.S. steel tariffs > Gold steadies after sell-off linked to hawkish Fed, strong dollar > Vale aims to cut nickel output costs as world glut looms > Mongolia's Oyu Tolgoi mine to lift force majeure > Zimbabwe has potential to meet 20 pct of global lithium demand > Brazilian agency fines Norsk Hydro unit in Para state > South Africa'...Read More
Neil Ritson, chief executive of Solo Oil PLC (LON:SOLO) discusses with Proactive their ?2mln share placing and plans to acquire an additional stake in the Horse Hill oil project in southern England.Solo's agreed a deal with Primorus Investments Plc to acquire a 5% stake in the HHDL vehicle which owns 65% of Horse Hill.The transaction increases Solo's holding in HHDL to 15%, giving the company an...Read More
* MoF flow data for week-ended Feb 24 - Tentative Japan moves intofor-bonds. * Bargain-hunting by some as JPY strengthened, offshore bond prices fell. * Net Y201.3 bln foreign bonds bought against Y512.6 bln sales previousweek. * January saw Japanese buy a net Y1.3887 trln in foreign bonds. * Volume as of late in foreign bonds off, some await stronger JPY, @105.00. * Japanese also bought net Y45 b...Read More
Patrick Cullen, chief executive of Connemara Mining PLC (LON:CON), tells Proactive's Andrew Scott they've raised ?900,000 through the issue of 21,686,747 shares at 4.15p, with Metal Tiger PLC (LON:MTR) subscribing for ?200,000.In conjunction with the fundraising, new board member Patrick Cullen becomes full-time chief executive.The new cash will allow Connemara to accelerate operations across it...Read More
My readers know I'm not a bitcoin proponent. I don't deny that it's made some people a lot of money. But even with the recent pullback, I believe bitcoin is a massive bubble.But I've also stated my belief in blockchain technology, which is the technology behind bitcoin and other cryptocurrencies. There's great promise here.And despite what some critics may claim, I'm not some technophobe who doesn...Read More
** Taruga Gold Ltd surges as much as 100 pct toA$0.165, its highest since Dec. 3, 2014** The mineral explorer says it signs option agreements tobuy cobalt-copper projects in the Democratic Republic ofCongo ** Stock posts its biggest intraday pct jump since Feb. 4,2013** Over 10 mln shares change hands, compared with the 30-dayaverage of 506,483 shares Disclaimer: The views expressed in this arti...Read More
A lot of bitcoin advocates sold the idea that it was invisible to the IRS. Well, not really, I said all along. And now that's becoming evident, as you're about to see.I was reminded of a story from about 15 years ago...A Swiss banker loaded all of the confidential information on Americans with Swiss bank accounts that he could find onto a CD-ROM. He then flew to the United States and handed the in...Read More
** Kawasaki Heavy Industries tumbles 5.1 pct to3,720 yen, its lowest since late Dec** Co reveals manufacturing error for bullet train crack **Kawasaki Heavy Industries Ltd has underperformed theTokyo SE TOPIX Transportation Equipment Stock Price Index sector by 10.5 percentage points in the past one month.** The main stock index NIKKEI 225 INDEX has fallen4.46 percent in the past month.** As of 00...Read More
A Colorado School of Mines professor has been awarded the 2018 Western Social Science Association Distinguished Book Award.Jessica Smith, associate professor of engineering, design and society and co-director of the humanitarian engineering program, received the honor for her book, "Mining Coal and Undermining Gender: Rhythms of Work and Family in the American West."She will be honored during the...Read More
In a CNBC interview this week, Warren Buffett was asked if he would still consider investing in gun companies after the school shooting in Florida and calls for corporate America to stop supporting the NRA and gun manufacturers.This was his response:“I think what the kids are doing there is very admirable, but I don’t think that Berkshire should say, ‘We’re not going to do...Read More
By Noel RandewichSAN FRANCISCO, Feb 28 (Reuters) - For years, the shares ofgunmakers have tended to climb in the wake of mass shootings,but the second-deadliest shooting at a public school in U.S.history may have changed that.Since the killing of 17 students and staff at MarjoryStoneman Douglas high school in Parkland, Florida, on Feb. 14,there has been an outpouring of calls for gun control measu...Read More
Amy was a very bright and active little girl.But before long her parents noticed a change in her behavior.A progression of tests revealed a scary reality. Amy had cancer.Fortunately for Amy, radiologists were able to zero in and locate the cancer in her body more accurately than ever before.You see, Amy's doctors were assisted by powerful artificial intelligence (AI) systems that processed the ima...Read More
The benchmark cash/three-month spread in aluminium at the start of this week hit backwardation levels not seen since before the Global Financial Crisis, which is a landmark event but not necessarily a signal of a major shift in market dynamics.It is most probably a short-term aberration caused by the potent combination of February date shorts clashing with dominant longs but given added spice and...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -1.0 pct, CSI300 -0.9 pct, HSI -1.4 pct* HK->Shenzhen Connect daily quota used 1.9 pct, Shenzhen->HK daily quota used 8.2 pct* CNY official close 6.324 per dollar* FTSE China A50 -1.6 pct, BNY Mellon ADR China Select Index -0.2 pctSHANGHAI, March 1 (Reuters) - Following is a list of recent corporate and policyannouncements, as well as other news that m...Read More
Macy's (NYSE:M) is finally escaping retail purgatory.The iconic department store beat earnings and revenue estimates and has slowed its declining same-store sales. Its cost-cutting efforts are finally working as management appears to be setting the company up for a steady recovery after absorbing blow after blow from Amazon.com.As the brick and mortar retail wars escalate, Macy's looks like a pote...Read More
Apple has been experimenting with ways to recover cobalt from its lithium-ion batteries and to use recycled cobalt. The company says it could potentially recover 550 kilograms of cobalt from every 100,000 iPhone 6 devices it recycles. Now there are reports it's looking to secure cobalt directly from miners, marking a further move by original equipment manufacturers (OEMs) to ensure certainty of ra...Read More
** Shares of dairy firm Murray Goulburn's funding vehicle MGUnit Trust falls as much as 5.3 pct to A$0.8, itslowest since Dec 14** Australian Competition & Consumer Commission (ACCC)raises concerns about Canadian cheese maker Saputo Inc's proposed buy-out of co** ACCC flagged concerns that deal would ultimately lead tolower prices being paid to dairy farmers in a region of Victoriastate ** Sto...Read More