Meridian Increases Cabaçal Gold-Copper Project Valuation by 71% in Brazil Following New Study
A drill rig at Meridian’s Cabaçal project in Brazil. Credit: Meridian Mining A new report for Meridian Mining’s (TSX: MNO; US-OTC: MRRDF) Cabaçal gold-copper-silver project in west-central Brazil boosts its post-tax net present value (NPV) more than two-thirds over a 2023 study to nearly $1 billion (C$1.44 billion). Shares gained 18%. The pre-feasibility study for […]
Tesla: Stock Drop Amid Concerns Over Delivery Performance
Key Morningstar Metrics for Tesla Tesla TSLA shares were down 9% at the time of writing (Monday) as the market reacted to an analyst downgrade and fears that increased competition and CEO Elon Musk’s political activities will lead to lower deliveries and profits in 2025. Why it matters: Tesla’s primary business is selling autos. While […]
Russia Poised to Restart Oil and Gas Activities in Iraqi Kurdistan
Russia Set to Resume Oil & Gas Operations in Iraqi Kurdistan Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev. From 2017 until the forced removal of President Bashar al-Assad of Syria, Moscow’s extensive energy operations […]
Insights Gained from 150 Years of Stock Market History
This month marks five years since the covid market downturn. Though the initial downturn on March 9, 2020, was dramatic—the US stock market lost nearly 8% in one day—the US stock market ultimately recovered from that crash in just four months, making it the fastest recovery of any market crash over the past 150 years. […]
Is Berkshire Hathaway Stock a Buy Following Earnings Results?
Berkshire Hathaway BRK.B reported fourth-quarter earnings on Feb. 22. Here’s Morningstar’s take on Berkshire’s earnings and stock. What We Thought of Berkshire Hathaway’s Q4 Earnings Insurance underwriting remains solid as investment income increases: Berkshire’s insurance subsidiaries continued to benefit from tailwinds on both sides of the business. Favorable underwriting conditions (enhanced by a more favorable […]
High Voltage: Vanadium Shines as Key Battery Metal in Election Spotlight
High Voltage: Vanadium gets a big boost as battery metal takes centre stage in election In a significant move for the Western Australian vanadium industry, Premier Roger Cook has pledged to reduce royalties on vanadium products by 50% as part of the Labor Party’s campaign to stimulate economic growth and investment in the sector. Coupled […]
US President Donald Trump Dismisses Recession Fears Amid Trade War, States ‘I Hate to Predict Such Things’ | World News
US President Donald Trump bunks recession claims amid trade war, says ‘I hate to predict things like that’ | World News US President Donald Trump has refused to dismiss the possibility of a US recession as his shifting trade policies fuel economic uncertainty and market volatility. Speaking on Fox News’ Sunday Morning Futures, he defended […]
Gold Glimmers as Leading Jewelry Market Amplifies Options Trading
The world’s biggest jewelry market is boosting its gold bets. With the precious metal setting successive records this year, jewelers and retail traders in India are turning to options on gold futures both for speculation and to hedge physical holdings. Cheaper than futures, the bets have gained new appeal with the recent surge in bullion, […]
Trends in the Oil and Gas Exploration and Production Market
Oil and Gas Exploration and Production Market Trends Oil and Gas Exploration and Production Market “Market Overview and Recent Developments The Oil and Gas Exploration and Production market plays a pivotal role in the global energy landscape, serving as the backbone for various sectors including transportation, manufacturing, and electricity generation. With the increasing global demand […]
Billionaire Investor Mark Cuban Sounds Alarm: ‘This is How Recessions Begin’ Amid Federal Spending Cuts Impacting the Economy
Billionaire investor Mark Cuban warns ‘this is how recessions start’ as federal cuts ripple through the economy Mark Cuban warned the federal government’s abrupt and deep cuts are having spillover effects across the economy, eventually leading to a downturn. The latest jobs report showed solid gains, but it pointed to early effects of DOGE cuts […]