Vancouver-based Trevali Mining (TSX: TV) and Quebec-based Puma Exploration (TSX-V:PUMA) have entered into a Letter of Intent for the acquisition by the former of an option to acquire an interest in the Murray Brook Deposit and to form a proposed Strategic Exploration Alliance in the northern portion of the Bathurst Mining Camp in New Brunswick, Canada.Under the terms of the LOI, Trevali, at its op...Read More
It was hectic on Wall Street today, as President Donald Trump stoked fears of a trade war a day after announcing tariffs on steel and aluminum imports. However, the S&P 500 and Nasdaq reversed early losses thanks to a rally in healthcare stocks. Meanwhile, the Dow managed to pare its losses after being down more than 390 points at its session low, but still extended its losing streak, due to a s...Read More
Colin Bird, chief executive at Galileo Resources PLC (LON:GLR), caught up with Proactive's Andrew Scott to discuss the recently released drill results from three of their first four holes at the Star Zinc project in Zambia, which he says showed very high value zinc intersections.There were also high values found of silver and germanium (Ge), a metal used in microscopes, cameras and as an alloying...Read More
William McVicar, President and CEO of Flex Pharma Inc (NASDAQ: FLKS) tells Proactive Investors at the BIO CEO Conference in New York, that Flex Pharma is shaping up to be an exciting year ahead.McVicar says Flex Pharma will have clinical trials reading out in the Q1 as well as in Q3 in ALS, multiple sclerosis, and Charcot-Marie-Tooth disease. Flex Pharma will report Q4 and full year 2017 results o...Read More
TORONTO, March 2, 2018 - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "Company") today confirmed that the power generation facility that supplies electricity to the Porgera Joint Venture mine experienced significant damage during the 7.5 magnitude earthquake that struck Papua New Guinea on Feb. 26, 2018.The Company is pleased to report that all Porgera Joint Venture employees and...Read More
Gold futures jumped on Friday, settling with a sharp gain as the threat of a global trade war pushed stocks and the dollar lower, underpinning a flight to the perceived safety for assets such as precious metals. The precious metal also scored a fillip from buying from investors looking to hedge against rising prices that are typically associated with global trade tensions. Industrial metals were...Read More
Gold futures jumped on Friday, settling with a sharp gain as the threat of a global trade war pushed stocks and the dollar lower, underpinning a flight to the perceived safety for assets such as precious metals. The precious metal also scored a fillip from buying from investors looking to hedge against rising prices that are typically associated with global trade tensions. Industrial metals were...Read More
Although we know (perhaps better than most) that there are many uses of stock options, we tend to focus quite a bit on using options to speculate -- in which case traders are typically buying and selling the options contracts themselves, without ever touching the underlying shares. However, option buyers do have the right to use their call and put options as a means of buying and selling shares, t...Read More
RIMOUSKI, Quebec, March 02, 2018 (GLOBE NEWSWIRE) - Puma Exploration Inc. (the "Company" or "Puma") (TSX-V:PUMA) is pleased to announce the signature of a non-binding Letter of Intent (LOI) with Trevali Mining Corporation (TSX:TV) setting the terms of a Strategic Alliance for the development of the Murray Brook Deposit (ML 252) and the exploration of combined mining properties in the Restigouch...Read More
RIMOUSKI, Quebec, March 02, 2018 (GLOBE NEWSWIRE) - Puma Exploration Inc. (the "Company" or "Puma") (TSX-V:PUMA) is pleased to announce the signature of a non-binding Letter of Intent (LOI) with Trevali Mining Corporation (TSX:TV) setting the terms of a Strategic Alliance for the development of the Murray Brook Deposit (ML 252) and the exploration of combined mining properties in the Restigouch...Read More
* BOJ may consider exit strategy if inflation goal isreached* Bond yields pressured by expected huge corporate bondsupply* Safe-haven bond holdings pared in wake of Trump's tariffplan* Traders eye weekend elections in Germany, Italy (Updates market action, adds quote)By Richard LeongNEW YORK, March 2 (Reuters) - U.S. Treasury yields rose onFriday, with the 10-year yield bouncing back from a three-...Read More
Cleaning up on Friday afternoon was REACT Group plc (LON: REAT) as shares added over 16% in London to 0.525p as the firm unveiled an additional contract with a major London hospital.Its subsidiary, REACT Specialist Cleaning Ltd (RSCL) inked the deal.The 18 month deal covers both deep cleaning and RSCL has been appointed as preferred supplier for other ad hoc work and is for a major fac...Read More
Cobus Loots, chief executive of Pan African Resources plc (LON:PAF), tells Proactive they've begun to increase production again at the Barberton mine complex in South Africa after reaching a new high-grade gold zone.Barberton, which comprises the Fairview, Sheba and Consort mines, has seen a rise in average grades to 11.5g/t in February from 8.7g/t during July - December. Meet Scancell Holdi...Read More
Shares of Wynn Resorts, Limited (NASDAQ:WYNN) gapped 8.7% higher on Jan. 22, after the casino concern reported earnings. And while the stock has sold off since then after sexual misconduct allegations prompted Steve Wynn to step down as CEO, one options trader today appears to be betting on another positive earnings reaction. Specifically, the May 170 call is WYNN's most active option so far today...Read More
U.S. stocks are dragging again today following President Donald Trump's tariff tweet. As for some of today's most notable movers, drug stocks Zosano Pharma Corp (NASDAQ:ZSAN), Conatus Pharmaceuticals Inc (NASDAQ:CNAT), and Verona Pharma (NASDAQ:VRNA) are three names we're tracking today. Let's take a closer look at what's moving shares of ZSAN, CNAT, and VRNA. Patent News Lifts ZSAN StockZosano s...Read More
Alternative energy concern JinkoSolar Holding Co., Ltd. (NYSE:JKS) is expected to report fourth-quarter earnings on Monday. Overall, JinkoSolar stock has had underwhelming year on the charts, already shedding 24% in 2018. At last check, shares of the solar concern were trading up 1% at $18.20 -- but running into resistance around their 20-day moving average. In terms of earnings reactions, JinkoS...Read More
On Sunday, March 4, members of Germany's Social Democrats (SPD) will unveil the results of a vote on a "grand coalition" with Chancellor Angela Merkel's more conservative Christian Democrats (CDU). Ahead of the reveal -- and with European stocks in a tizzy on trade war fears -- the iShares MSCI Germany ETF (EWG) is pacing for its lowest close in nearly six months. However, if history is any in...Read More
** Concerns that recent biotech deals will weigh on cos suchas Catalent Inc , Medidata Solutions Inc ,Charles River Laboratories and IQVIA Holdings that provide tech, research services to drugmakers areexaggerated - George Hill, market analyst at RBC Capital** Changes to U.S. tax law have spawned big deals amongbiotechs as large drugmakers snap up promising assets fromsmaller rivals to help revive...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More