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EXK

Endeavour Silver Corp. has made significant progress on the construction of the Terronera Project in Jalisco, Mexico. The company has completed advanced concrete work and has begun vertical construction. After a risk analysis in 2023, Endeavour Silver updated its capital cost, schedule, and execution plan, maintaining its initial production timeline for Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:54 am

EDU

New Oriental Education & Technology Group Inc. (EDU) reported an increase in the total number of schools and learning centers to 843 as of November 30, 2023, from 708 as of November 30, 2022. This represents a significant expansion of 135 centers over the year and an increase of 50 centers since August 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:50 am

DNN

Orano Canada and Denison Mines Corp have received joint venture approval to restart mining operations at McClean Lake, with mining planned to commence at the McClean North deposit in 2025. The approved budget for the work in 2024 is $7 million.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:39 am

GLDG

USGO

GoldMining Inc. (NYSE American: GLDG) and its majority-owned subsidiary, U.S. GoldMining Inc. (NASDAQ:USGO), announced positive assay results from the 2023 drilling program at the Whistler Gold-Copper Project in Alaska. The results confirmed the continuity of a high-grade core at the near-surface of the Whistler deposit, including the best drill intercept to date. GoldMining owns approximately 80% of U.S. GoldMining, which was launched via an IPO in April 2023.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:34 am

BABA

BIDU

FXI

PDD

SPY

China has announced its largest bank reserve ratio cut since December 2021, a move aimed at bolstering economic recovery. The reduction in the reserve requirement ratio (RRR) for banks will free up liquidity and is expected to support businesses and the broader economy.

Portfolio Pulse from Charles Gross

January 24, 2024 | 10:57 am

ETHUSD

Former President Donald Trump's wallet received a $7,100 stake in a meme cryptocurrency named TRUMP, which has surged to over $1.07 million, marking a 15,000% return. Trump has no affiliation with the TRUMP meme coin and has not endorsed it. The coin, with a motto 'Make Crypto Great Again', has a 1% transaction fee to support various causes. Trump also liquidated over 1,000 Ethereum, believed to be from NFT royalties.

Portfolio Pulse from Mehab Qureshi

January 24, 2024 | 6:41 am

FEAM

5E Advanced Materials, designated as U.S. government Critical Infrastructure, has confirmed the presence of lithium and an increasing head grade of boric acid at its 5E Boron Americas Complex. The company's mining operations are successfully running all four wells, indicating positive progress in resource extraction.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 5:57 am

BTCUSD

ETHUSD

SEC Commissioner Hester Peirce, known as 'Crypto Mom,' indicated that a lawsuit is not necessary for the SEC to approve a spot Ethereum ETF. She emphasized the importance of proper disclosures and preparation for exchange-traded products. Financial firms such as BlackRock and VanEck have pending applications for Ethereum ETFs, with decision deadlines approaching. Bloomberg's Eric Balchunas gives a 70% chance of approval by May. Meanwhile, the SEC delayed its decision on Fidelity's proposed Ethereum ETF to March 5. Ethereum's price is currently down 5.51%.

Portfolio Pulse from Mehab Qureshi

January 24, 2024 | 5:41 am

BBJP

DXJ

EWJ

Japan's trade balance for December 2021 showed a surplus of 62.1 billion yen, significantly outperforming the estimated deficit of 122.1 billion yen and the previous month's revised deficit of 780.4 billion yen.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 5:24 am

BBJP

DXJ

EWJ

Japan's adjusted trade balance came in at -0.35 trillion, better than the estimated -0.45 trillion and the previous -0.41 trillion. This indicates an improvement in Japan's trade deficit.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 5:19 am