Kirkland Boosts Production Guidance, Fosterville Mineral Reserves

Kirkland Lake Gold (ASX:KLA,TSX:KL,NYSE:KL) has revised and boosted its 2019 production guidance on the back of strengthening mineral reserves at its Fosterville gold mine. The company says the potential to hit a million ounces in 2019 is there, with production guidance now being shifted to a range of 920,000 to 1 million ounces. Three-year production […]

5 Top Weekly TSXV Stocks: CAR Peace Deal Boosts AXMIN

As last week drew to a close, the S&P/TSX Venture Composite Index (INDEXTSI:JX) ended on a touch of a high, heading north by just shy of a point at 0.92, or 0.15 percent to 622.53. In the commodities sector, base metals were by and large, up, with plenty of dramatic happenings around the world. Precious […]

South32 Boosts Illawarra Guidance, Reports Strong Manganese Output

South32 (ASX:S32,LSE:S32,JSE:S32) saw a 17-percent rise in profit for the half year ended December 31, 2018 on strong operational performance and record production at Australia Manganese. Alongside growth in profit after tax, South32’s revenue was up 9 percent to US$ 3.8 billion from the same period last year, with underlying earnings up 18 percent to […]

Piper Jaffray Starts Cannabis Watch, Boosts Canopy Growth

US investment bank Piper Jaffray (NYSE:PJC) has joined the slowly growing list of American brokerages covering cannabis producers, giving major industry players like Canopy Growth (TSX:WEED) a significant boost. With the support of Piper Jaffray, Canopy jumped 13 percent on Wednesday (January 10), closing the day at C$ 44.50. Piper Jaffray analyst Michael Lavery gave […]