This just-found mineralization resembles that originally discovered on the property. Osisko Mining Inc. (OSK:TSX) discovered a new gold zone at its Urban Barry project in the Abitibi greenstone belt in Quebec, it announced in a news release.The new zone, called Fox West, sits 2 kilometers to the west of the Fox zone. Fox West is made up of "pyrite stringers hosted in a sericite altered dacite/fel...Read More
The document serves as the foundation for a continuing partnership. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it reached agreement with the Tahltan Nation on terms related to Seabridge's proposed KSM project in northwestern British Columbia."The agreement represents another important milestone for the project and provides a thorough and cooperative framework for the p...Read More
The company already has two targets lined up, based on historical work at the property. Black Tusk Resources Inc. (TUSK:CSE) received the permit to diamond drill at its Golden Valley property located in Quebec, it announced in a news release. With the permit, the company may construct up 15 drill pads, which will be placed next to existing major access roads. From those pads, Black Tusk intends t...Read More
China's rebar prices rebounded on Tuesday June 11 after Beijing urged local governments to issue special bonds to support economic growth and maintain a reasonable level of liquidity in the market.Domestic Eastern China (Shanghai): 3,900-3,940 yuan ($563-569) per tonne, up 30-40 yuan per tonneNorthern China (Beijing): 3,800-3,860 yuan per tonne, widened upward by 20 yuan per tonneThe State Council...Read More
Bob Moriarty of 321 Gold explains why he's excited about the drill results at this company's copper mine. It's no secret that copper is both in severe shortage with increasing demand at the same time production is declining. A new Canadian based junior exploration company has an interesting direction they are moving in. Rockridge Resources Ltd. (ROCK:TSX.V) wants to use modern advanced technology...Read More
The president and CEO of this royalty company discusses what Maurice Jackson of Proven and Probable calls a "highly efficient, three-pronged business model." Maurice J.: Joining us for conversation is David Cole, the president, CEO and director of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the royalty generator. Mr. Cole, we brought you on today to discuss EMX Royalty's transactions and in...Read More
Larry Kudlow still predicts 3% U.S economic growth through 2019The Dow snapped its six-day winning streak today, taking a breather from recent risk-on sessions. Stimulus buzz out of China saw the Dow jump out to a triple-digit lead in the morning. Around midday, the tech sector that had earlier propped markets up pivoted lower, sending all three benchmarks into the red. As investors await trade up...Read More
CHS and CASY just reported quarterly earnings and revenue that beat analysts' estimatesThe Dow is higher today, set for a seventh straight win. Three names to watch today are women's clothing specialist Chico's FAS, Inc. (NYSE:CHS), drugmaker Insys Therapeutics Inc (NASDAQ:INSY), and convenience store operator Casey's General Stores Inc (NASDAQ:CASY). Here's what's moving the shares of CHS, INSY...Read More
The shares have a history of making big post-earnings movesOptions traders are blasting Tailored Brands Inc (NYSE:TLRD) ahead of the retailer's first-quarter earnings report, due after the close tomorrow, June 12. This heavy options activity is hardly new for TLRD stock, though, with both call and put open interest perched at 52-week highs.Today, most of the action is occurring on the put side, wi...Read More
LULU gapped higher by 14% in the wake of March's earnings reportAthleisure icon Lululemon Athletica inc. (NASDAQ:LULU) has cooled off some since racing to a record high of $179.50 on April 25. But the lull could be over soon, with the company's first-quarter earnings report slated for release after the market closes tomorrow, June 12. Below, we will take a closer look at how LULU has been perfor...Read More
LONDON, 22 May 2019 - BullionVault director of research Adrian Ash was quoted at length this evening in a discussion about Moscow's growing gold reserves on national TV station Russia 1's primetime current affairs show, 60 Minutes."Heavy gold-buying by governments or central banks is rarely a good sign for world peace and co-operation," the show quoted Adrian.If Russia's buying continues at its cu...Read More
* Net profit jumps 92 percent* Metals trading contribution down by a third * Puma, Porto Sudeste and Nayara all post losses * Adjusted debt rises (Adds cost of funding)By Julia Payne and Dmitry ZhdannikovLONDON, June 11 (Reuters) - Trading house Trafigura'ssix-month net profit jumped by 92% after strong performance fromits oil and gas desks helped to offset weakness at the metalsdivision and losse...Read More
There's a lot to like about RACE stock from a technical standpoint Few groups have benefited more from President Donald Trump's decision to not go through with tariffs on Mexico than automakers, and one stock from this sector that's been soaring is Ferrari N.V. (NYSE:RACE). In fact, the shares earlier hit an all-time high of $155.51, as they go for a sixth straight positive session. Looking closer...Read More
LONDON, 7 June 2019 - BullionVault users as a group have taken advantage of gold's fastest price rise in 15 months to sell and take profit this week, reports US news-site MarketWatch."[Today] saw gold trading volumes on BullionVault's online market for precious metals up 209% from the previous 365-day average," MarketWatch says of Friday's action."Demand to buy grew 13% from the last 12 months dai...Read More
LONDON, 3 June 2019 - Germany's international news service Deutsche Welle today quotes BullionVault analysis and comment in a report on Malaysia's Prime Minister Mahathir Mohamad calling for a new East Asian currency backed by gold."While Mahathir's latest call for some kind of gold backed payments system is more thoughtful and sincere than most such suggestions, it's more political than economic,...Read More
A bullish signal flashing for Vistra might mean fresh highs on the charts Since suffering a massive bear gap shortly after hitting its all-time high in early May, the shares ofVistra Energy Corp (NYSE:VST) have been trading in a channel of lower lows, with several attempts at a bounce capped by the equity's 20-day moving average. VST is trying its hand at another comeback today, though, up 1.2% at...Read More
LONDON, 28 May 2019 - Comment from BullionVault features in the latest precious-metals report from leading US investment news-site MarketWatch. Bond prices are jumping as financial markets fear recession, the report quotes Adrian Ash, BullionVault director of research. That's driving down longer-term interest rates, but inflation expectations are also falling, "putting a floor under real US...Read More
Chinese stimulus chatter is fueling upside, tooThe Dow Jones Industrial Average (DJI) has pared a portion of its earlier triple-digit lead, but is still sporting modest gains at midday -- putting the blue-chip index on track for a seventh straight win. In addition to stimulus buzz out of China, traders are reacting to a positive session for tech shares, with upgraded Facebook (FB) highlighting a b...Read More
LONDON, 29 May 2019 - UK fund rating and investment news service FE Trustnet last week featured BullionVault among expert commentators on the case for investing in gold.FE Trustnet asked several fund managers and other experts what they think about the prospects for 'safe haven' gold.Alongside fund managers and financial advisors, "For UK investors the weakening Pound has already helped gold rise...Read More
LONDON, 20 May 2019 - Analysis and comment from BullionVault feature today on UK newspaper the Daily Express's fast-growing website."The golden rule is that whoever owns the gold has the power," The Express quotes BullionVault director of research Adrian Ash.So "while gold hasn't had any official role in the monetary system for nearly 50 years, it's no coincidence that the United States remains by...Read More