mining

BP to acquire BHP's US shale assets for $10.5 bln

BP to acquire BHP's US shale assets for $10.5 bln

BP p.l.c. (NYSE:BP) announced Friday it would buy several US oil and shale assets from mining firm BHP Billiton Ltd. (NYSE:BBL) for USD 10.5 billion.The deal is the largest by BP in two decades and its first significant investment in the United Stat..

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Susquehanna analyst, Christopher Rolland lowered his price target for Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corporation (NASDAQ: NVDA) as specialized cryptocurrency mining chips will be released this year.Rolland reduced his rating to..

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Inc (NYSE: TAHO) reported Monday that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the..

Nvidia Stock Jumps Up 6th Straight Gain After Upgrade

Nvidia Stock Jumps Up 6th Straight Gain After Upgrade

On Wednesday, shares of Nvidia Corp. (NASDAQ: NVDA) rose toward a sixth straight gain, after being upgraded by Suntrust Robinson Humphrey analyst William Stein, who said he underestimated the growth potential in Nvidia’s core markets.He b..

Coal Mining is on the Rise in 2017

Coal Mining is on the Rise in 2017

The United States, China and India are the world’s biggest coal users, and in 2017 all three countries have increased coal mining, which is a drastic change of approach to energy generation from the previous years. In 2016 we have witnessed a ..