In Arizona, a SWAT-style police team broke down the door of a house because a toddler was not vaccinated. The Arizona Department of Child Safety and the Continue...Read More
Erik Townsend and Patrick Ceresna welcome Dr.Hunt?EUR?to MacroVoices. Erik and Dr.Hunt?EUR?discuss?EUR?overall outlook on the US and the global economy, synchronized global downturn and risks of a recession, how debt induced weakness is undermining growth rate, destabilization of the global monetary system, and perspectives on Modern Monetary Theory.Read More
The import price for steel billet in Egypt fell in the week to Thursday April 25, on declining demand caused by uncertainty over the imposition of import duties.Demand for imported rebar was also down and domestic rebar prices increased as a result.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $445-450 per tonne cfr on Thursday, falling from $450-455 per tonne cfr l...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Howard Marks of Oaktree Capital discusses the market's record highs on CNBC's "Closing Bell."Read More
I did an interview a couple of weeks back and predicted that the stock markets would begin a large decline soon. I based that on tea-leaf reading of the DSI readings for the S&PContinue...Read More
Since the beginning of the post-crisis recovery, stagnant wage growth has been one of the most frustrating labor-market mysteries bedeviling the policy makersContinue...Read More
Democratic presidential candidates are enthusiastically promoting radical policies as they try to stand out to voters confused about who should control their party's futureContinue...Read More
"It feels like a dream, and it feels honestly like, any moment, I'm going to wake up and I'm just going to be back in my room, in my bed."Continue...Read More
Granada Gold Mine is encouraged by the results of a new two stage gravity concentration from its Granada gold project near Rouyn-Noranda. Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.The pre-concentration study was conducted at the pilot plant of Canada Cobalt Works in Gowanda, Ont.The test was done on a 120-kg sample of low-grade material from the mine's...Read More
Toronto-based Wesdome Gold Mines continues to intersect high grades as drilling goes on at the Kiena mine complex in Val d'Or. Drills are testing the Kiena Deep A zone, with excellent results not yet reflected in a resource estimate.Ongoing drilling is expanding the Kiena Deep A zone both up and down plunge. Here are some highlights:Hole 6404: 18.2 g/t gold over 11.0 metres core length (18.2 g/t g...Read More
Domestic and export billet prices in Turkey remained stable over the past week due to weak demand, while import billet prices fell in lower offers from the CIS region, sources said on Thursday April 25.The suppliers in the Commonwealth of Independent States (CIS) region lowered their offers slightly to attract buyers in their major export markets.The CIS mills lowered their offers for Turkey to $4...Read More
Despite unfavourable market conditions, the mining industry is staging a comeback thanks to highly publicized multi-billion mergers and acquisitions targeting mostly the gold sector.The aggregate valuation of all miners listed on the Toronto Stock Exchange (TSX) declined by 12.7% in 2018, to $253.9 billion, compared with a 10.8% decrease in the market capitalization of the entire TSX market, says...Read More
Freeport-McMoRan Inc, the world's largest publicly traded copper producer, posted a lower-than-expected quarterly profit on Thursday due to slipping production and prices for the red metal, sending shares down more than 9 percent.The results come amid a more than $15 billion project to expand Indonesia's Grasberg copper and gold mine from an open pit to an underground operation, a complex and time...Read More
Newmont Goldcorp, the world's biggest gold miner, reported a higher-than-expected first-quarter profit on Thursday, as a boost in gold production and lower costs countered lagging gold prices.At a time when easy-to-find gold reserves are dwindling, Newmont shored up its production pipeline through the $10 billion acquisition of Goldcorp Inc, which closed last week.Newmont Goldcorp did not provide...Read More
Canada's mining industry started the year off on the right foot, with major deals including the Barrick-Randgold merger and Newmont's acquisition of Goldcorp, setting the tone for the sector.As a result, Ernst & Young's Canadian Mining Eye index - which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies - rose 5% fin the January-Mar...Read More
Acacia Mining Plc reported a slump in underlying core earnings on Thursday as it struggled with production issues at its North Mara gold mine in Tanzania, where it said pressure was building for a settlement of its row with the government.Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. It has cut output by a third since the government banned the ex...Read More
UrbanGold Minerals (TSXV: UGM) announced this week that it is about to start a helicopter-borne geophysical survey on its 100%-owned StarGold property, located in Quebec, eastern Canada.In a press release, UrbanGold explained that the 809-line-kilometre electromagnetic survey is designed to cover the entire property, and it is aimed at identifying the potential source of a large angular boulder fr...Read More
Lion One Metals (TSXV: LIO) (ASX: LLO) announced that it kicked off a drilling campaign at its 100%-owned Tuvatu gold project located on the island of Viti Levu in Fiji.In a press release, the North Vancouver-based miner said that the initial drilling program will test shallow dipping lodes in an area called the HT Corridor, which is a mineralized zone cross-cutting the principal vein system of t...Read More
Prices in Southeast Asia's steel billet market were down slightly on Thursday April 25 after a major mill in the Commonwealth of Independent States reduced its asking prices for billet to attract buyers in the region. Fastmarkets MB's daily import price for billet in Southeast Asia was $465-470 per tonne cfr Manila on Thursday, down $5 per tonne on the high end from the previous day. Bil...Read More