The Agua Rica project has been integrated
with the MineraAlumbrera plant and infrastructure by YAMANA GOLD INC. (NYSE:
AUY). The integrated project will be known as the MARA Project in the future.
After integrating the existing substantial
infrastructure used to process ore from the Alumbrera mine during...
FuboTV Inc. (FUBO) sports streaming
site has grown almost 150% since its IPO in October this year. At the same time
in recent weeks, as sports tournaments started to return, much of the increase
occurred. At ring of the bell on December 2, FUBO’s stock was worth $26.74.
Oil prices further went down surprisingly
after US reports fall in its crude inventories which further diminish the hopes
of reviving fuel demand.
After rising around 1.6%
in the previous session, Brent futures were down 1 cent at $48.60 a barrel by
0746 GMT but remain higher in...
On
the economic front on Wednesday, housing starts and building permits in the
United States for the month of October amounted to 1.53 million and 1.545
million units respectively, against a consensus of 1.46 million and 1.56
million.
With
the announcement of a weaker-than-expected increase in U.S. crude inventories
last...
Another step up in Coronavirus detection test, which can be performed completely at home, the US Food and Drug Administration (FDA) has finally allowed an emergency use of the kit.
In must though be for the individuals aged 14 years or
older, the department cleared...
During the Current presidential
election environment, when there is uncertainty about the outcomes of the
election, social media companies, Twitter and Facebook took new steps to remove
misleading election-related posts and comments by prominent political leaders
on both sides.
Twitter had to limit the
President trump account when one...
OPEC+ seems to be postponing the decision to reverse
the restrictions on production. OPEC+ will start increasing the production of
oil in January 2021. However, talks are now underway between the members of
OPEC+ with a view to making this decision only in the second quarter of 2021.
The price of...
In the US, the presidential elections
are a few hours away from being held, and market volatility is rising. Democratic
nominee Joe Biden was 10 points ahead of Republican nominee Donald Trump in the
polls, giving Biden a big lead in the victory.
But, let's not forget,...
Energy sector which is suffering most during this global pandemic is now
cutting off jobs to survive in weak demand of oil&gas.
Exxon mobile, one of the largest oil producers in the U.S. is going to
reduce its workforce by 15%. First time in Company history,...
The Big Tech companies, Google, Apple and Twitter crashed on Thursday
after the announcement of mix quarterly statements from top tech companies.
Investors were waiting for the reports for making the further decision about
their investments.
Shares went down after the reports and both S&P 500 and...