These results are conducive to adding more volume at depth to the Inferred Mineral Resource in the oxides. The campaign to upgrade a portion of the Inferred oxide Mineral Resources is part of a three-phase drilling campaign. The objective of the drilling campaign is to upgrade the Inferred oxide resource to a higher confidence category, test the northern extension of the Kobada shear beyond the last known occurrence in the northern parts of the Kobada concession and the initial drill-testing of the neighbouring Gosso shear zone.
High-grade gold mineralisation, plus numerous recent strong intersections consistently reported from outside the mineral resource estimate in the NI Technical Report on Kobada Gold Project dated June 17, , will be incorporated in the next mineral resource estimate update on track for Q1 , the company added. An investor webinar will take place on Wednesday, November 25 at Registered in England with Company Registration number You can contact us here. Data delayed 15 minutes unless otherwise indicated.
What are you searching for? Companies News. See all companies matching. See all news matching. Investor deep dive. African Gold says updated results from Phase 4 in-fill drilling have extended the depth of the oxide-sulphide boundary at the Kobada Gold Project. Drilling highlights include: 1. Quick facts: African Gold Group, Inc. Price: 0. View company profile. Nano caps. See Yourself Here. Students At Goldman Sachs we turn ideas into reality for our clients and communities around the world.
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Here's what its stock chart and earnings show. Rhythm Pharmaceuticals gained Food and Drug Administration approval for an obesity drug for patients with rare genetic deficiencies, and RYTM stock rocketed to a two-month high. Jeremy Siegel, the Wharton professor credited for calling Dow 20, in , predicted that the market could be in for a solid gain in the coming year based on three factors. Given strong dividend growth and big money signals, these stocks could be worth a spot in a yield-oriented portfolio.
A devastating global pandemic and a reckoning with Wall Street appear to have broken the resolve of the shale wildcatters who turned the U. Years of breakneck growth, at the expense of crude kingpins in the Middle East and Russia, have come to an end. Energy Information Administration.
That will surely come as a relief to OPEC and its allies. The breakthroughs in horizontal drilling and fracking that ushered in the shale revolution made it look as though U. Output surpassed 13 million barrels a day for the first time in February. Then Covid hit, people around the world stopped driving and flying, and the oil market crashed.
He said the U. That pledge was delivered faster than most predicted, and it made a huge difference. Before the summer was over, U. Since hitting bottom in the summer, the number of rigs searching for crude in shale fields has increased by 69 to this week, according to data from Baker Hughes Co. Since June, benchmark U. Now, when the cartel meets in a virtual gathering Nov. Most of the crude the group removed from the market has already been successfully brought back without any turmoil.
The oil market received a boost this week as AstraZeneca Plc became the third drug company to show promising results from a trial of its coronavirus vaccine. If other pieces of bullish news take prices to levels that would encourage growth in shale, even if temporarily, producers could seize the opportunity to lock in prices with hedging contracts. Whether investors will be willing to bankroll shale anew is another question.
Before Covid, the industry was already buckling under high debts and shareholder discontent. Another unknown is what titans Exxon Mobil Corp. Both slashed capital budgets by around a third this year, with the biggest cuts coming from U.
AMD stock cleared an early entry Friday, while Apple chipmakers Qualcomm and Qorvo are among semiconductor stocks near buy points. Does buying gold stocks, or betting on the gold price, make sense, despite vaccine progress and election results?
Here are some things to consider. President-elect Joe Biden wants to help Americans save for their golden years by expanding access to retirement savings plans, strengthening Social Security, and making health care more affordable. Hopes for improved oil and gas demand in the new year won't be enough to get Exxon Mobil to fund its dividend solely from cash flow, and the energy giant faces 'unenviable' choices, Raymond James analysts say. Arrival Ltd.
Still, valuations look mighty bubbly. Like all financial bubbles, this one is driven by dreams of enormous wealth. It survived thanks to a local government bailout. Incumbent giants such as Volkswagen and General Motors Co. Several factors have driven electric-vehicle stocks to these giddy heights.
Federal Reserve has stoked a speculative frenzy by cutting interest rates to zero, and bored millennials trading stocks at home on Robinhood have caught the EV bug. Electric-vehicle companies know how to market themselves to this crowd: Workhorse Group Inc. ElectraMeccanica Vehicles Corp. Many have merged with electric-vehicle groups, and one peculiarity of these deals is that the companies are allowed to publish detailed multi-year financial forecasts, unlike in a regular initial public offering.
These projections are often extremely bullish. Like Arrival, Fisker Inc. These new companies claim to have a solution for the manufacturing difficulties and massive capital outlays that almost sank Tesla. Drawing a comparison with the way Apple Inc. Others are taking a different approach. Electric-pickup startup Lordstown Motors Corp.
Not to be outdone, Arrival claims to have reinvented the car assembly line. Greater automation will reduce the need for human labor, it says. Workhorse and XPeng both warned recently of battery supply bottlenecks. Diess may be right about carmakers becoming the most valuable companies. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Chris Bryant is a Bloomberg Opinion columnist covering industrial companies.
He previously worked for the Financial Times. Dow 30 29, Nasdaq 12, Russell 1, Crude Oil Gold 1, Silver CMC Crypto FTSE 6,