USThe Valentine’s Day inflation report is the main event of this week. Fed’s Logan, Harker, and Williams will speak shortly after the Tuesday inflation data. Next week we’ll get retail sales, labour market, and most importantly, inflation data. South AfricaInflation is edging ever closer to the SARB’s target range of 3-6%, with CPI data next week expected to show it falling from 7.2% to 6.9%. The inflation data next week will help determine whether those are well-founded or not.
Yesterday, it announced former Pilbara Minerals (ASX:PLS) geologist Nigel Broomham would join the team as general manager of exploration. At PLS, Broomham was responsible for exploration, resource development and production at the world-class Pilgangoora lithium-tantalum operation in WA. Drill rigs are now mobilising to site to re-commence a major 40,000m exploration and infill drilling program at Greater Duchess in 2023. READ: Which explorers are unlocking the treasure chest with maiden gold and copper resources in 2023? The post Resources Top 5: Battery Age keeps pumping, copper-gold explorers catch a bid on monster drill hits appeared first on Stockhead.1 month ago NXTmine
If any investors uncharmed by Newmont’s 0.38 for 1 share offer were hoping for a bidding war it seems like they’re not getting it. Newcrest shares are in limbo today, up ever so slightly to $24.55 after a 9.3% lift yesterday. 6Mozpa Newmont’s indicative proposal came in at a relative value of $27.16 per share, a 21% premium on Newcrest’s pre-bid closing price on Friday. “But just because there is the prospect of a deal does not mean that a deal needs to be consummated. Ground Breakers share price today:The post Ground Breakers: Newmont’s run at Newcrest may already be a one-horse race appeared first on Stockhead.1 month ago NXTmine
The Federal Court has declined to vacate the ROD for the mining Plan of Operations (the “Federal Permit”). The favorable ruling by the Federal Court confirms the permitting process for Thacker Pass was conducted thoroughly and responsibly, and results in there being no impediment to commencing construction. In the U.S., Thacker Pass has received its ROD and is advancing towards construction. Statements that are not historical fact are “forward-looking information” as that term is defined in National Instrument 51-102 (“NI 51-102”) of the Canadian Securities Administrators (collectively, “forward-looking information”). For the reasons set forth above, investors should not place undue reliance on forward-looking information.1 month ago NXTmine
Freeport has a long history of copper leaching production with its Americas division, which includes assets such as Morenci and Cerro Verde, having developed and implemented industry-leading technologies for leaching of oxide ores. This is where Jetti’s technology comes in. The company has assessed that it has some 38,000 MIb of contained copper in leach stockpiles deemed “unrecoverable” by traditional leach methods. Of this amount, about 50% is from the massive Morenci mine, which already has leaching production capacity of 900 MIb/y of copper. The post Freeport furthers its leading copper leaching excellence appeared first on International Mining.1 month ago NXTmine
Therefore, investors should give strong consideration to these boring stocks to buy and hold forever. At the same time, PG easily ranks among the boring stocks to buy and hold forever. Colgate-Palmolive (CL)Source: monticello / Shutterstock.comAnother entry among boring stocks to buy and hold forever, Colgate-Palmolive (NYSE:CL) won’t get investors jumping out of bed. Kroger (KR)Source: Eric Glenn / Shutterstock.comFor Kroger (NYSE:KR), its inclusion among boring stocks to buy and hold forever justifies itself. More From InvestorPlaceThe post 7 Boring Stocks to Buy and Hold Forever appeared first on InvestorPlace.1 month ago NXTmine
Tech stocks are crushing the broad market … understanding the discount rate and stock valuations … did the Fed’s poker face crack on Wednesday? Yet, this morning’s reaction shows that the party-appetite on Wall Street is still strong – especially for tech stocks. But falling bond yields and interest rates take pressure off discount rates – good for stock valuations. This makes tech valuations even more sensitive to the ups-and-downs of discount rates. Have a good evening,Jeff RemsburgThe post Tech Stock Are Exploding appeared first on InvestorPlace.1 month ago NXTmine
TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that Tony Makuch has been appointed Chief Executive Officer (“CEO”) effective immediately. Mr. Makuch had been the Interim CEO of the Company since June 2022. Mr. Makuch is a professional engineer with over 35 years of development, operational and leadership experience. Cautionary Note Regarding Forward-Looking StatementsThis news release may include forward-looking statements that are subject to inherent risks and uncertainties. Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.2 months ago NXTmine