Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (Read full newsRead More
Jun 27, 2019 Guest(s): Bill Baruch President, Blue Line Futures With global growth worsening and the trade war tensions intensifying, a rise in gold prices could be coming by September, according to Bill Baruch, founder and president of Blue Line Futures. "Global growth has been deteriorating for a while, and now it's the trade war just speeding the process up," Baruch said. "If we see progress...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended down as investors contended with yet another issue with Boeing's (BA - Get Report) troubled 737 MAX jet, and Wall Street looked ahead to a meeting of President Donald Trump and China's Xi Jinping.Boeing shares fell after the Federal Aviation Administration said it found yet another issue with the aerospa...Read More
Nickel's three-month price on the London Metal Exchange was higher at the close of trading on Thursday June 27, up by about 2% amid continued buying momentum, with positive US GDP figures shoring up commodity investments. Three-month nickel futures closed at their highest level since April at $12,710 per tonne in the afternoon, improving by just under 9% from a June-low of $11,605 per tonne o...Read More
Gold has exploded for an 11% gain over the past month, giving long-suffering gold bugs a chance for some chest-puffery as prices track toward their highest close in more than six years on the back of unsettling geopolitical developments. Count Robert Kiyosaki, the best-selling author of "Rich Dad, Poor Dad," among those basking in the yellow glow of gold's resurgence. 'Gold is God's money... The...Read More
This is an edited version of the article "Gold: The Fog of War" by John R. Ing President and CEO, Maison Placements Canada Inc. The full version can be found at The Bull & Bear Financial Report, www.TheBullandBear.com. The US is no longer the center of the world and their consumption-based economy is laboring under the weight of the higher tariffs. Nearly every policy is seen through a tar...Read More
A gallery collapse at Glencore's Kamoto Copper Company in the Democratic Republic of Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.The miners were working illegally at a project, which has had on average 2,000 illegal incursions onto its jurisdiction per day, the company said adding that further casualties were a possibility."The incident has no i...Read More
Monthly European alloy surcharges for July deliveries of stainless steel products will be lower than the June surcharge after the price of nickel continued to fall.Fastmarkets' alloy surcharge for July deliveries of grade-304 cold-rolled stainless sheet is set to fall to ?,?1,318-1,362 ($1,498-1,548) per tonne, down ?,?18-21 per tonne from June's surcharge levels, according to calcu...Read More
A gallery collapse at Glencore's Kamoto Copper Company in the Democratic Republic of Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.The miners were working illegally at a project, which has had on average 2,000 illegal incursions onto its jurisdiction per day, the company said adding that further casualties were a possibility."The incident has no i...Read More
Mining major BHP (ASX: BHP) is at a multi-year high, rising within a whisker of its pre-GFC 2007 and 2011 boom-time peaks, hitting A$41.71 in Australian trade earlier today.The iron ore price is above US$115 per tonne for 62% fines according to MySteel on supply constraints, while gold is holding above $1,400 an ounce on the spot market.Metals and mining stocks closed about 1% higher in Toronto ye...Read More
Daniel Peltonen has been appointed president of Boliden Smelters and is expected to assume the role soon, but Hjelmstedt will perform the interim duties and also be part of Boliden´s management team.Read More
It is understood the company has secured an initial US$16.3 million from private equity firm GenNx360 Capital Partners.GenNx360 is an existing lender and owns a large stake in Schramm's bankrupt parent company HDR Holding Inc.If all goes to plan, the deadline for the entry of the bidding will be July 19 and any transaction be closed by September 3.Schramm, founded in West Chester, Pennsylvania, in...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") is pleased to announce that Salil Munjal, Paul Antoniadis, Jim Zadra and Michael Thomson were re-elected as directors of the Company at the annual general and special meeting of shareholders of the Company (the "Meeting") held on June 27, 2019. Two other matters put forward to shareholders at the Meeting w...Read More
Macmahon is paying A$48 million cash upfront, follow by two potential earn-out payments capped at A$53.5 million and based on performance over FY20 and FY21.Read More
Meanwhile the miner has announced an additional US$450 million spend to improve safety at the remaining structures at Córrego do Feijão and on recovery efforts.Luiz Augusto Pessoa Nogueira told The Wall Street Journal Vale might have carried out an explosion at its mine less than a mile from the dam, hours before it collapsed."This is one of the hypotheses that we are investigating a...Read More
A gallery collapse at Glencore's Kamoto Copper Company in the Democratic Republic of Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.The miners were working illegally at a project, which has had on average 2,000 illegal incursions onto its jurisdiction per day, the company said adding that further casualties were a possibility."The incident has no i...Read More
Bill Murphy & Chris Waltzek Ph.D. - June 25th, 2019. * Mp3.HighlightsBill Murphy of GATA.org returns to the show with fresh insights on the stunning PMs shares rally, which outperformed the key US equities markets.Gold may have built a final base in preparation for liftoff to $2,000+ in the coming years, as the "Gold Cartel" runs out of physical bullion to sell.According to the mountain o...Read More
By: Gary Savagehttps://blog.smartmoneytrackerpremium.com/Read More
August Gold's attempt to reverse from a morning sell-off prompted a subscriber to ask in the Rick's Picks trading room whether bullion is already getting second wind. I doubt it, since June's sensational run-up was too steep to sustain and will likely require a breather of perhaps 2-3 weeks to recharge. But I do expect the uptrend to resume after a proper pullback because this month's surge de...Read More
By: Ira EpsteinWorld trade has the market nervous. Gold had a straight up spike, does it need to consolidate and correct a bit?Read More