-
Rangold Resources Announces Abnormal Rainfall Impacts Loulo Complex
Tuesday, August 30, 2011 - 5:42am | 35Following abnormally heavy rainfall, Randgold Resources (NASDAQ: GOLD) announced today that third quarter production at its Loulo/Gounkoto gold mining complex in Mali would be negatively impacted.
-
Randgold Trims Production Forecast
Tuesday, August 30, 2011 - 4:00am | 63Randgold Resources Ltd (NASDAQ: GOLD) trimmed its production forecast for the year. Randgold now projects production at the mine to exceed 80,000 ounces, versus its earlier forecast of 100,000 ounces. Randgold revised its overall annual production forecast to a range of 740,000 to 760,000 ounces...
-
Stocks Hitting 52-Week Highs
Monday, August 29, 2011 - 9:17am | 145NVE Corporation (NASDAQ: NVEC) shares gained 2.54% to create a new 52-week high of $64.61. NVEC shares have surged 57.21% over the past 52 weeks, while the S&P 500 index has gained 10.54% in the same period. Waste Connections Inc (NYSE: WCN) shares jumped 1.70% to create a new 52-week high of...
-
Stellar Pacific Ventures Enters into JV Agreement with Newmont Ventures Limited for Namarana Property, in Mali
Monday, August 29, 2011 - 9:04am | 160Stellar Pacific Ventures Inc. announces that a joint venture agreement has been entered into with Newmont Ventures Limited, a subsidiary of Newmont Mining Corporation (NYSE: NEM) whereby Newmont and Stellar will jointly participate in the exploration of the Namarana Property in Mali and seek to...
-
Morning Market Losers
Monday, August 29, 2011 - 8:59am | 105J. W. Mays Inc (NASDAQ: MAYS) dipped 17.94% to $13.95 at 9:50 am. MAYS' trailing-twelve-month ROE is 1.33%. Tegal Corporation (NASDAQ: TGAL) shares fell 17.70% to $2.65. TGAL's trailing-twelve-month operating margin is -11,668.75%. Primero Mining Corp (NYSE: PPP) shares dipped 17.30% to $3.49....
-
Morning Market Movers
Monday, August 29, 2011 - 8:52am | 128Miller Energy Resourses Inc (NYSE: MILL) climbed 40.53% to $3.19 at 9:50 am. MILL shares have dipped 48.64% over the past 52 weeks, while the S&P 500 index has gained 10.54% in the same period. Northgate Minerals Ltd (AMEX: NXG) shares gained 39.37% to $4.39. AuRico Gold Inc (NYSE: AUQ) agreed...
-
Pre-Market Gainers; Northgate Minerals Corporation up 48%
Monday, August 29, 2011 - 7:16am | 84Northgate Minerals Corporation (NYSE: NXG) +48.25% on the acquisition by AuRico Gold. Venoco, . (NYSE: VQ) +31.96% on going private proposal by the CEO. Pandora Media (NYSE: P) +7.38% - hearing positive comments by a mid-tier analyst firm. Taseko Mines Limited (NYSE: TGB) +5.18% after the report...
-
A Peek Into The Market Before The Trading Starts
Monday, August 29, 2011 - 6:26am | 446Pre-open movers US stock futures are higher this morning, as investors are awaiting July personal-income and consumer-spending data and June pending home sales. Futures for the Dow Jones Industrial Average surged 91 points to 11,370.00 and S&P 500 index futures rose 13.10 points to 1,187.60....
-
AuRico Gold to Acquire Northgate Minerals and Create A Leading Intermediate Gold Company
Monday, August 29, 2011 - 6:00am | 177AuRico Gold Inc. (NYSE: AUQ)and Northgate Minerals Corporation (NYSE: NXG) announce that they have entered into a definitive acquisition agreement to create a new leading intermediate gold producer. The new company will have 5 operating gold mines, a sixth mine targeting production in 2012 and 3...
-
Ron Paul, Master Investor?
Friday, August 26, 2011 - 11:07am | 532Barron's Jim McTague recently wrote an article highlighting GOP presidential contender Ron Paul's investing strategy. Not surprisingly, the Texas Congressman has whipped the markets with his stock picks, which consist primarily of buying precious metals miners. The author of the Barron's piece,...
-
Midday Gainers; VirnetX up on Heavy Volume
Thursday, August 25, 2011 - 11:31am | 67VirnetX Holding (NYSE: VHC) +9.18% on heavy volume. A123 Systems (NASDAQ: AONE) +9.77% on heavy volume. ATP Oil & Gas Corporation (NASDAQ: ATPG) +8.40% on heavy volume. Banro Corporation (NYSE: BAA) +6.43% as gold is bouncing off of its lows.
-
Notable Call Options Activity in Randgold Resources
Thursday, August 25, 2011 - 9:43am | 113Shares of Randgold Resources (NASDAQ: GOLD) are lower on the session by 2.32%, currently trading at $102.40. The stock has been moving largely higher over the past three months and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the...
-
Benzinga's Top Pre-Market Losers
Thursday, August 25, 2011 - 7:00am | 127Applied Materials Inc (NASDAQ: AMAT) fell 4.40% to $10.86 in the pre-market trading. AMAT projects Q4 sales to be down in the range of 15% to 30% from the third quarter. Apple Inc (NASDAQ: AAPL) dipped 2.70% to $366.01 in the pre-market session. Apple announced the resignation of its Chief...
-
Notable Call Options Activity in New Gold
Wednesday, August 24, 2011 - 11:31am | 87Shares of New Gold (AMEX: NGD) are lower on the session by 3.35%, currently trading at $12.12. The stock has been moving largely higher over the past three months and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the September 2011 $9...
-
Afternoon Movers; Gold Miners Falling
Tuesday, August 23, 2011 - 2:58pm | 176IMAX Corporation (NYSE: IMAX) +13.21% on lower than average volume. Under Armour (NYSE: UA) +11.20% on heavy volume. Extorre Gold Mines (NYSE: XG) -8.87% after announcing results for 20 holes drilled at the Puntudo Project Silver-Gold Discovery in Argentina. Aurizon Mines (NYSE: AZK) -5.94%...