Fortune Minerals Limited (TSX:FT, OTCQX:FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to report the discovery of a new zone of copper mineralization at its 100% owned NICO cobalt-gold-bismuth-copper project ("NICO Project"), located 160 km northwest of Yellowknife, Northwest Territories, Canada.Read full newsRead More
Emgold Mining Corporation (TSXV:EMR, OTC:EGMCF, FRA:EMLM) (Read full newsRead More
Gold prices held steady on Thursday, holding close to a two-week high, as the do...Read full newsRead More
"Anthony Lacava @AnthonyLacavera loses business respect IMO by paying Daniel Ameduri of @FutureMoneyTren $800,000 to promote @Globallive. Stock goes from $1.36 to 8 cents. Investors lose MILLIONS. -https://t.co/iZ92LObMNi"Read full newsRead More
Nickel was the element on every traders’ radar this week as fears over supplies from Indonesia caused a leap in the price of the metal - seen as having a hot future as the key component of modern electric vehicle batteries. The metal dubbed ‘devil’s copper’ is now up almost 40% in 2019, with the latest jump caused by an Indonesian pledge to stick with plans to ban...Read More
It's the ultimate "no-brainer" that serious American GDP growth (in the 6% range or higher) can only happen by eliminating the PIT (personal income tax) for the middle class.QE and low interest rates incentivize pathetic levels of debt-oriented GDP growth while incentivizing the government to get more reckless with the money that is borrowed and extorted from citizens as taxes.Elimination of...Read More
It's the ultimate "no-brainer" that serious American GDP growth (in the 6% range or higher) can only happen by eliminating the PIT (personal income tax) for the middle class.QE and low interest rates incentivize pathetic levels of debt-oriented GDP growth while incentivizing the government to get more reckless with the money that is borrowed and extorted from citizens as taxes.Elimination of...Read More
Jul 19, 2019 Guest(s): Kevin O'Leary Equities have another two years of good returns coming, said Kevin O'Leary, star of Shark Tank and chairman of O'Shares ETFs. "Here's the really interesting situation we're in. You look at a lot of analysts now looking at S&P earnings saying 'OK, they're going to go flat, and they're not grow them more than 2%,' but the reason that's not going to ultimat...Read More
Gold has another rally up ahead, according to Todd Horwitz, chief strategist of BubbaTrading.com. "Everything is setting up for another big up-move [in gold] and the next big test will be to take out $1,450. If we can get through $1,450, I think we're on our way to $1,500," he said. Spot gold last traded at $1,444.70 an ounce on Thursday. Horwitz said prices are in for a bid if key levels are bro...Read More
Base metals prices on the London Metal Exchange showed mixed results at the close of trading on Friday July 19, with continuing trade tensions and uncertainty at the United States Federal Reserve driving directionless trading across the complex."The complex continues to see cash sellers reign on the second-ring closes," Marex Spectron's morning report said. "And these have therefore presented a go...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The London Metal Exchange will continue to push forward with relaxing its queue-based rent capping (QBRC) rule, a key area of warehousing reform, to 80 days, sources told Fastmarkets. Fastmarkets understands that there was a warehousing committee meeting on Thursday July 19, during which plans on the warehousing reforms were put to warehousing members. Under the new proposal, warehouses will be ab...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The zinc price has been fluctuating so much this year that analysts still cannot agree on where it is headed. Commodities researchers from major banks surveyed by Fastmarkets differed by $500 per tonne on their second-half 2019 forecast - that is 23.7% of the galvanizing metal's current value. At $2,460 per tonne at the open on Friday July 19, the LME three-month zinc contract was just $10 down fr...Read More
"Communication," Cook told the Noosa Mining and Exploration Investor Conference. "My experience has been Australian companies are not that good at communicating with shareholders.Read More
North China copper smelter Baiyin Nonferrous Group's one-month shutdown in July has had limited impact on copper concentrates and outright copper prices in China, market sources told Fastmarkets. Baiyin Nonferrous Group will restart its 200,000-tonne-per-year smelter by the end of July after the facility was suspended in late June to complete a flash furnace upgrade, market sources told Fastmarket...Read More
Alcoa this week reported negative free cash flow of US$7 million on its $2.7 billion of second-quarter revenue. A net loss of $402 million, or $2.17 per share, included the $319 million one-off cost of divesting its interest in the Ma'aden Rolling Company (MRC) in Saudi Arabia, and $81 million of other special items.The company's weak FCF isn't helping reduce its heavy net debt load.New York inves...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average lost steam and ended down Friday as investors digested a series of quarterly earnings reports. Shares of Microsoft rose as the software giant posted stronger-than-expected fourth quarter earnings. Microsoft is Real Money's Stock of the Day. Boeing (BA) shares climbed after the aeros...Read More
Adam HamiltonArchivesJul 19, 2019 The gold miners' stocks continue to rally on balance, after a major upside breakout extended their strong upleg. That's driving mounting interest in this recently-forsaken sector. With the latest quarterly earnings season underway, traders will soon enjoy big fundamental updates from the gold miners. They are likely to report good Q2 results, with improving operat...Read More
As most investors have heard by now, Netflix's second-quarter earnings reported on earlier this week showed a considerable plunge in new subscribers. The stock dropped more than 10% and the overall chatter online wasn't great for the prototypal leader in streaming services.The number of new subscribers for the quarter was projected to reach 5M, however 2.7M was the grand total-marking this a consi...Read More