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Turquoise Hill beats profit estimates on higher copper, gold production


Turquoise Hill beats profit estimates on higher copper, gold production
(Adds profit comparison, metal prices, costs, capital
expenditure outlook)
March 8 (Reuters) - Canada s Turquoise Hill Resources Ltd
posted a surprise rise in quarterly profit on Monday,
helped by increased production of copper and gold at its Oyu
Tolgoi mine in Mongolia.
The results come a week after Chief Executive Officer Ulf
Quellmann resigned amid a protracted dispute between the company
and its top shareholder, Rio Tinto, over funding for the
underground expansion of the Oyu Tolgoi copper-gold mine.
Oyu Tolgoi is one of the world s largest copper-gold-silver
mines. Rio owns 51% of Turquoise Hill, which in turn owns 66% of ....

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Mozambique's GDP likely declined by 1.3% in 2020


Mozambique s GDP likely declined by 1.3% in 2020 - World Bank
(Adds details)
MAPUTO, March 4 (Reuters) - Mozambique s economy likely
registered its first contraction in nearly three decades last
year due to the COVID-19 pandemic, further compromising years of
hard-won development gains, the World Bank said on Thursday.
The country s real gross domestic product (GDP) is estimated
to have declined by 1.3% in 2020 compared to a pre-COVID growth
estimate of 4.3%, the bank said in its World Bank Mozambique
Economic Update report.
The pandemic hit Mozambique s economy as it was attempting
to recover from the protracted slowdown triggered by the hidden
debt crisis and two cyclones, Idai and Kenneth, that rocked the ....

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Adecco says latest COVID-19 lockdowns not having big impact so far

Sharenet provides financial information and services for investors on The JSE Securities Exchange and other South African markets including online share trading, real-time streaming quotes, graphs, news, fundamentals, portfolios, watch lists, Unit Trusts and simulated stock market trading. ....

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Precision Optics Reports Second Quarter Fiscal Year 2021 Financial Results


Precision Optics Reports Second Quarter Fiscal Year 2021 Financial Results
Conference Call Scheduled for today, February 16, 2021 at 5:00pm ET
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GARDNER, Mass., Feb. 16, 2021 /PRNewswire/ Precision Optics Corporation, Inc. (OTCQB: PEYE), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, announced operating results on an unaudited basis for its second quarter fiscal year ended December 31, 2020.
Second quarter fiscal 2021 highlights:
Revenue for the quarter ended December 31, 2020 was $2.79 million compared to $2.80 million in the same quarter of the previous fiscal year, essentially flat year over year; and up slightly sequentially compared to $2.76 million in the quarter ended September 30, 2020. ....

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