Diversified global engineering, project delivery and operations management group, DRA Global ("DRA"), partnered JSE Listed Pan African Resources [JSE: PAN] in completing its R1.74 billion Elikhulu tailings retreatment project in Evander, Mpumalanga, within budget and ahead of schedule.Over the next 14 years, the R1.74-billion Elikhulu project will process an estimated one-million tons of monthly w...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
World's No.2 miner Rio Tinto (ASX, LON, NYSE:RIO) said Tuesday it will likely have to delay first production from the $5.3 billion underground expansion of its Oyu Tolgoi copper-gold-silver mine in Mongolia, originally scheduled for early 2020.Delivering third-quarter results, the miner said that while capital costs for the project remained in line with the overall budget, shaft-sinking challenge...Read More
Just spoke with the Crown Prince of Saudi Arabia who totally denied any knowledge of what took place in their Turkish Consulate. He was with Secretary of State Mike Pompeo..a href="https://www.middleeasteye.net/news/exclusive-khashoggi-829291552?EUR? rel="noopener" target="_blank">Continue...Read More
Higher October tender prices for ferro-chrome in China have boosted prices for imported ore and alloy. Chinese mills' tender prices boost spot prices for imported ore, alloyDomestic spot prices stable in China Alloy prices steady in Japan, South Korea European alloy prices continue to slide Alloy prices stabilize in the United StatesChrome ore and ferro-chrome import spot markets strengthened agai...Read More
Stocks rocketed higher on Tuesday after the release of strong quarterly results from some of the largest U.S. coporations helped the markets recover from last week'sContinue...Read More
LONDON (Reuters) - U.S. President Donald Trump cannot bring oil prices down by “bullying” other nations, Iran’s oil minister said on Tuesday, adding that the market was suffering from short supply.U.S. sanctions on Iranian oil exports are due to kick in on Nov. 4. The U.S. administration has been pushing its allies to cut Iranian oil imports and encouraging Saudi Arabia, other OP...Read More
Daniel Ameduri joined us today. In discussing the rapidly appreciating cannabis stock sector, he believes that it may have temporarily peaked and it could be time to start looking at gold. For the past 2 weeks gold has been pretty solid. It almost looks like the beginning of another upward move. All the signs are there. But cannabis will come back again strongly as more and more states and countri...Read More
Mike "Mish" Shedlock shows why gold is in an incredibly price-bullish setup.Continue...Read More
(Reuters) - UnitedHealth Group Inc added more members to its health insurance plans in the third quarter, helping the industry bellwether beat profit estimates and raise its earnings forecast for the full year.Kicking off the earnings season for the sector, the United States’ largest health insurer said on Tuesday it now expects adjusted profit to approach $12.80 per share in 2018, compared...Read More
David Morgan, publisher of The Morgan Report, discusses two companies that have come up with groundbreaking technologies that hold the potential to change the way E-waste is processed and the way mining is conducted. David Morgan, the well-respected publisher of The Morgan Report, has decades of experience with precious metals investing. He began investing at the age of 16, and was influenced by...Read More
The company released off-the-charts assay results from rock samples. British Columbia's Golden Triangle has grabbed most of the mining exploration attention this summer, but geology doesn't fall into neat geometric shapes. Casa Minerals Inc. (CASA:TSX.V) is exploring three gold, silver and copper projects in British Columbia that fall outside the Golden Triangle. The company just announced the di...Read More
(Reuters) - BlackRock Inc (BLK.N) reported a better-than-expected quarterly profit on Tuesday, helped by lower taxes, but the company’s sales growth sank as investors cut risk in their portfolios.The company’s revenue and earnings before interest and taxes nonetheless fell short of Wall Street’s estimates as BlackRock reported its lowest sales of equity, bond and other long-term...Read More
(Reuters) - Brian Small will step down as chief financial officer of JD Sports (JD.L) after almost 15 years in the role, Britain’s biggest sportswear retailer said on Tuesday.Small will be replaced by Neil Greenhalgh who has the current role of group finance director, it added. Like Small, he joined the company in 2004.“The Board is delighted that a planned succession has been achieved...Read More
(Reuters) - Walmart Inc (WMT.N) lowered its earnings forecast for the year on Tuesday and said its e-commerce growth next year would be slower than the current fiscal year that ends in January, sending its shares down in premarket trading.Walmart’s earnings next year will be eroded by its acquisition of Indian e-commerce firm Flipkart in May for $16 billion, its largest-ever deal, in order t...Read More
BERLIN, Oct 16 (Reuters) - Germany’s economic outlook is clouded by an escalating trade dispute between the United States and China and by the growing threat of Britain crashing out of the European Union without a divorce deal, the ZEW institite said on Tuesday.“Expectations for the German economy are dampening above all due to the intensifying trade dispute between the USA and China,&...Read More
China's auto output and sales both fell 12% on a year-on-year basis in September, though both were higher than the prior month's levels.China produced 2.36 million vehicles last month, down 11.7% from the 2.67 million units produced in September 2017, the China Association of Automobile Manufacturers (CAAM) said on Friday October 12.Yet on a month-on-month basis, last month's output was up 17.8% f...Read More
* Tria backing boosts hopes he will stay on in govt* Italian yields down 6-16 bps across the board* Italy/Germany yield spread tightens to 292 bps* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates pricing, adds quotes and results of Finland auction, ZEW survey)By Abhinav Ramnarayan and Virginia FurnessLONDON, Oct 16 (Reuters) - Italian government bond yields dropped across the boa...Read More
This could soon be the backbone of America's electrical grid.What would the perfect mining stock for this market look like?First, it would be an incredibly rare element... one with limited supply.Second, it would be an element now under the radar... but about to break out with predictable demand.Third, there should be a company working toward a virtual monopoly on this element...And these three th...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2018 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More