Mali Issues Arrest Warrant for Barrick CEO Over Tax Dispute – Report
The report follows the arrest of four employees from Barrick’s Loulo-Gounkoto mining complex in the West African country. Barrick stated that the company “will not be commenting” on the reported arrest warrant. The detention of foreign officials is becoming a pattern in Mali, as the government seeks to extract more revenue from the mining sector. […]
Post-Bitcoin Surge: What’s Next for Crypto After It Reaches $100,000?
The value of one bitcoin has exceeded $100,000 for the first time, boosted by the nomination of cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission by president-elect Donald Trump. The crypto community believes that the appointment of Atkins will mark a major shift in how the US approaches regulation, moving away from […]
Examining Oil and Gas Advertisements: How Accurate Are They?
Drilling into oil and gas ads — how accurate are they? You may have noticed a lot of oil and gas advertising recently, mainly driven by the Government of Alberta and Cenovus Energy. In October, Alberta launched its $7-million “Scrap the Cap” campaign in five provinces opposing the federal government’s emissions cap on oil and gas. Cenovus […]
10 Top U.S. Companies Worth Investing In Today
The US market looks expensive, so investors may be wondering which stocks to buy now against this backdrop. Regardless of where the markets are headed, investors may want to own companies that offer some sense of certainty in terms of cash flows and company fundamentals. That’s where Morningstar’s Best Companies to Own list comes in. […]
Royal Bank of Canada Reports Impressive Earnings Finish for…
Key Morningstar Metrics for Royal Bank of Canada Royal Bank of Canada RY reported decent fiscal fourth-quarter earnings, delivering strong growth in net interest income, wealth management, and capital markets. Net revenue increased 19% from C$15.1 billion a year ago, and 3% from a quarter ago. Adjusted earnings of C$4.4 billion were up 18% year […]
From Ammunition to Energy: The Importance of Antimony in National Security
From Bullets to Batteries: Antimony’s Role in National Security From Ammunition to Energy: Antimony’s Crucial Position in National Security China’s stronghold over rare earth metals casts a long shadow over the global supply chain, particularly impacting nations heavily reliant on these critical materials. Among these, antimony—a lesser-known but vital metal—plays an essential role in the […]
Gold Price Rises Amid Political Turmoil and U.S. Employment Data
Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later. Opposition parties have since submitted a motion calling for his impeachment. In France, President Emmanuel Macron called on lawmakers to reject a vote that would topple the government, sending […]
Salesforce Earnings: Shares Considered Overvalued Following…
We raise our fair value estimate for wide-moat Salesforce CRM to $315 per share from $290 after its third-quarter results, while fourth-quarter guidance was slightly shy of our expectations. Still, third-quarter strength more than makes up for the modest guidance differential. Management is very enthusiastic about Agentforce, which we think represents a good long-term opportunity […]
Indonesia Signs Contract for Central Andaman Block
Indonesia inks Central Andaman block contract Indonesia’s Ministry of Energy has confirmed the signing of a contract with units of Harbour Energy and Mubadala Energy for the development of the Central Andaman oil and gas block, reported Reuters. This marks the first utilisation of a new gross split scheme, simplifying the contracting process for energy […]
Bank of Nova Scotia Earnings: Solid Performance, Yet…
Key Morningstar Metrics for Scotiabank Bank of Nova Scotia BNS reported fiscal fourth-quarter results that were a bit weaker than we expected, mostly due to higher expenses, but not by enough to change our view. Net revenue increased 3% from last year to C$8.5 billion. Adjusted diluted earnings per share increased 28% to C$ 1.57, […]