Mr. Jason Paltrowitz of the OTC reportsOTC MARKETS GROUP WELCOMES MINAURUM GOLD TO OTCQXMinaurum Gold Inc. has qualified to trade on the OTCQX Best Market.Minaurum Gold upgraded to OTCQX from the Pink market. Minaurum Gold begins trading today on OTCQX under the symbol MMRGF.U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website...Read More
The number of Americans filing applications for jobless benefits increased to a six-month high last week.The data could raise concerns that the labor market may be slowing.Initial claims for state unemployment benefits rose 10,000 to 234,000 for the week ended Nov. 24.It was the highest level of claims since the mid-May, the Labor Department said.Published 11 Hours AgoUpdated10 Hours AgoReuters sh...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended slightly lower on Thursday a day after posting its biggest gains since March a day before, fueled by dovish comments on interest rates from Federal Reserve Chairman Jerome Powell.Deutsche Bank AG (DB) shares fell after prosecutors in Germany raided the lender's headquarters in Frankfurt as part of an ongo...Read More
Uranium Energy Corp Announces the Retirement of Ivan ObolenskyCanada NewsWireCORPUS CHRISTI, TX, Nov. 29, 2018Read More
Base metal prices on the London Metal Exchange made gains on Thursday November 29, following a rise in crude oil futures, but market sentiment remained uncertain with commodities facing macro-economic headwinds.Brent crude oil prices were firmer in afternoon trading, up by $1.80 to $60.16 per barrel. The recent low was $58.38 per bbl.For base metals, nickel was the highlight, with the three-month...Read More
Aurubis has resumed production at its Hamburg and Pirdrop primary copper smelting plants after both were suspended for unscheduled boiler maintenance earlier this week, the company said on Thursday November 29. "Our plants in Hamburg and Pirdrop are back in operation already, we expect L? 1/4 nen to be back by the end of next week," a spokesperson said in an...Read More
Comex copper prices were under pressure on Thursday morning in the US, in the aftermath of US Federal Reserve chairman Jerome Powell's dovish comments made on Wednesday.The copper price for March settlement on the Comex division of the New York Mercantile Exchange reversed down 1.55 cents to $2.7980 per lb. Powell said interest rates were, "just below neutral levels" while speaking at the New...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
The European molybdenum-oxide market has climbed 20 cents in trading by mid-week, with deals and offer prices reported above $12 per lb and returning to a level unseen since the start of November.Some oxide trading, however, has been in South Korea where major steelmaker Posco settled a tender for around 100 tonnes of oxide last week at about $12-12.10 per lb. The company is due to settle another...Read More
Ferroglobe is set to idle almost one-fifth of its silicon metal production capacity in Europe and the United States, cutting it to an annualized rate of 341,000 tonnes from 417,000 tonnes, because of the weaker prices seen this year.The UK-based metals company is planning to idle 36,000 tonnes per year of production capacity in the US. This will be done its plant at Selma, in the state of Alabama,...Read More
The argument over whether we're in for global warming or global cooling and whether what's coming is natural or human-made is fun but totally irrelevant from a financial perspective. The fact is that for whatever reason and in whatever direction, the climate is getting more aggressive. Monster snowstorms and apocalyptic fires are clearly becoming more common: Combine the rising number of bad thing...Read More
Key data from the Wednesday November 28 pricing session in Asia.Key drivers: Buyers lowered their purchasing prices after the price of scrap - the raw material of ADC12 - went down in the United States. Japanese buyers also held off from purchasing capacity this week due...Read More
The few mining stocks on the S&P500 were part of the rally, with Freeport-McMoRan (NYSE: FCX) rising 6.49%.London's key index closed lower yesterday, but metals and mining stocks were up 0.76%, and futures are pointing to a positive start today.Metals and mining stocks on the S&P/TSX Composite Index were up about 3% yesterday.Diversified miners Teck Resources TSX: TECK.B), Turquoise Hill R...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), and For Heroes Only are pleased to announce a partnership to create and launch a new subscription-based program.For Heroes Only uplifts and inspires kids to live healthy, thriving and happy lives. By mixing technology, medias, pedagogy and storytelling together into never ending real life adventur...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into an agreement with CBD Science Processing Corp. (CBD Science) to supply a Portable Extraction and Processing Facility, to be delivered in Q1 2019.The Portable Extraction and Processing facility is self-contained and includes turnkey components from Quadron's portf...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Published 19 Hours AgoUpdated3 Hours AgoReuters Chris Ratcliffe | Bloomberg | Getty ImagesCanadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Gold held steady but pared some gains made early on Thursday as the dollar recovered and minutes from the U.S. Federal Res...Read More
CloseGain/LossGold $1223.90+$3.70Silver$14.30-$0.01XAU64.80-1.11%HUI146.40-1.00%GDM534.77-0.25%JSE Gold1124.07+16.97USD96.78-0.05Euro113.89+0.18Yen88.30+0.17Oil$51.45+$1.1610-Year3.029%-0.032T-Bond140.21875+0.28125Dow25338.84-0.11%Nasdaq7273.08-0.25%S&P2737.80-0.22% The Metals: Gold gained $8.70 to $1228.90 by late morning in New York before it drifted lower in afternoon trade, but it stil...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More