Navoi Mining Initiates $1 Billion First-Time Bond Offering
NMMC is currently Uzbekistan’s biggest industrial enterprise and one of the world’s leading gold producers. Last year, its gold production reached 2.9 million ounces, making it the fourth largest globally. The bond offering, said NMMC, marks a landmark achievement for both the company and the wider region. It represents the largest orderbook for an issuer […]
3 Lithium Mining Stocks to Offload in July Before They Plummet
Despite the soaring demand for lithium driven by the electric vehicle revolution, not every player in the lithium mining sector is set to benefit. As the market continues to expand, several lithium mining companies are encountering significant hurdles that may hinder their performance. The expected demand for lithium has led to an oversupply, which has […]
Gold Miners Shine in Record-Breaking Quarter – MINING.COM
That very-poor 1.3x upside leverage to gold has been a real kick in the teeth for contrarian speculators and investors. Gold stocks need to way outperform their metal to compensate for the big additional operational, geological, and geopolitical risks they heap on top of gold price trends. Yet so far that sure hasn’t happened in […]
QS Stock Update: QuantumScape Rallies Following Volkswagen’s Increased Commitment to Batteries
Source: rafapress / Shutterstock.com QuantumScape (NYSE:QS) stock is surging higher by over 25% after the company announced that it had reached an agreement with battery company PowerCo, which is wholly owned by Volkswagen (OTCMKTS:VWAGY). The agreement notes that PowerCo will be able to utilize QuantumScape’s technology platform to mass produce batteries once QuantumScape accomplishes “technical […]
Twelve Individuals Rescued After Six Hours Trapped Underground in Colorado Mine
One person died and four others suffered minor injuries as a result of the malfunction, Teller County Sheriff Jason Mikesell told reporters without explaining the cause of death. The elevator was stuck briefly until it was able to return to the surface with 11 people aboard, he said. Meanwhile, 11 other tourists and one tour […]
RRSPs Before 60: Sometimes Low on the Priority List
For well over half a century, registered retirement savings plans have been Canadians’ main vehicle for long-term savings. The main attraction of RRSPs is their long-term tax deferral, which makes it essential to get one started as early as possible in your working life. However, we often don’t get serious about retirement savings until we’re […]
Attention QS Stock Enthusiasts: Save the Date for July 24!
Source: rafapress / Shutterstock.com QuantumScape (NYSE:QS) stock is surging higher today after the solid-state battery (SSB) company announced that it had reached an agreement with Volkswagen’s (OTCMKTS:VWAGY) PowerCo. QuantumScape has another catalyst on the way, as it will report its second-quarter earnings on Wednesday, July 24 after the market close. Once QuantumScape accomplishes specific technological […]
Nova Minerals Discovers High-Grade Gold in Alaska While Targeting 2025 Prefeasibility Study
Hole RPMRC-24006 returned 21 metres grading 3.5 grams gold from 2 metres, including 19 metres at 3.9 grams gold from 3 metres and 6 metres at 7.1 grams gold from 5 metres. “These results speak for themselves and we believe will add considerable value to the upcoming resource update and ultimately the prefeasibility study which […]
Alphabet Faces DOJ Antitrust Suit Targeting Potential Google Breakup
On Oct. 8, the US Department of Justice released its remedy framework for the Google Search antitrust case against Alphabet GOOGL/GOOG, which included a slew of structural, contractual, and data-related remedies. While the final proposal will be filed on Nov. 20, this filing provides a flavor of what’s to come. • Fair Value Estimate: $209• Morningstar Rating: […]
Beijing’s Stimulus Measures Insufficient to Revitalize China’s Economy
Valerio Baselli: Hello and welcome to Morningstar. Volatility is back in China. Chinese stocks jumped by over 10% as trading restarted after the Golden Week holiday, but fell back right after. Investors now hope to get more information and above all wonder if the government plans to support economic growth will be enough to revive […]