At McDonald's restaurant, customers can "supersize" their food orders. Can gold supersize its awesome 2019 price action?Well, please click here now: https://gracelandjuniors.com/wordpress/wp-content/uploads/2019/07/2019jul23gold1.png Double-click to enlarge.The technical action on this gold chart is spectacular!Gold has formed a massive pennant formation. There's no guarantee that it plays out, bu...Read More
Base metals prices traded on the London Metal Exchange continued to capitalize on marginal gains made in the morning session on Wednesday July 24, with the pervading macro optimism and a weaker US dollar overshadowing modest turnover.Nickel rebounded 2.6% to close at $14,545 per tonne, retracing some the significant gains made last week when the three-month contract hit a $15,115-per-tonne high on...Read More
While Vedanta cheered over South Africa's recent court ruling against the Zambian government's liquidation of its majority-owned Konkola Copper Mines (KCM), Zambian officials rebuked the decision and denied the enforceability of the foreign ruling that determines the future of the country's largest copper smelting assets. The South Gauteng High Court on Tuesday July 23 granted Vedanta an urgent in...Read More
Ground preparation for a new copper smelter in Indonesia is in progress, with construction expected to begin in 2020, according to Freeport-McMoRan, one of the project's joint venture partners. The smelter is part of a package agreed by Freeport to extend the mining rights of its Indonesian unit PT-FI from 2031 to 2041. Under the terms of the agreement, PT-FI is committed to construct a new smelte...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Nasdaq and the S&P 500 closed at record highs Wednesday, while the Dow Jones Industrial Average fell on weak earnings reports from Caterpillar (CAT - Get Report) and Boeing (BA - Get Report) . Caterpillar declined after the company posted weaker-than-expected earnings and warned that annual profit would...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday July 24 that are worth another look.While Vedanta cheered over South Africa's recent court ruling against the Zambian government's liquidation of its majority-owned Konkola Copper Mines, Zambian officials rebuked the decision and denied the enforceability of the foreign ruling that determines the future of the country's l...Read More
The IPO shares were issued at 35c and last month another $55 million was raised at a price of 40c each. Shares have since hit an all-time high of 58.5c.Read More
While Vedanta cheered over South Africa's recent court ruling against the Zambian government's liquidation of its majority-owned Konkola Copper Mines (KCM), Zambian officials rebuked the decision and denied the enforceability of the foreign ruling that determines the future of the country's largest copper smelting assets. The South Gauteng High Court on Tuesday July 23 granted Vedanta an urgent in...Read More
The latest highlights included 9.1m at 16.52% zinc-equivalent and 24.9m at 21.09% Zn-eq in the gossan and sulphide lenses respectively, in the North Zone of the LS West Region.The company is now planning an IP survey on an 8km gravity anomaly identified in the LS North and East regions, following the "tremendous success" of correlating drilling results to anticipated mineralisation from IP surveys...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce the commercial launch of their latest enterprise Push-to-Talk over Cellular (PoC) offering, the Uniden (R) UV350 Desktop Dispatch Unit (DDU). The DDU is now available through cellular carriers and distributors in the United States, Canada, and Israel.Built on the foundation and...Read More
Australian mining engineer Palmer was Newmont's COO and promoted to the dual roles of president and COO last year.In February, former Rio Tinto executive Rob Atkinson was announced COO, effective June 1, freeing up Palmer to take on the CEO role when Gary Goldberg retired in the fourth quarter.Newmont said Goldberg would serve as executive advisor to support Palmer and the executive leadership tea...Read More
Ground preparation for a new copper smelter in Indonesia is in progress, with construction expected to begin in 2020, according to Freeport-McMoRan, one of the project's joint venture partners. The smelter is part of a package agreed by Freeport to extend the mining rights of its Indonesian unit PT-FI from 2031 to 2041. Under the terms of the agreement, PT-FI is committed to construct a new smelte...Read More
- Dave KranzlerTexas Instruments reported its Q2 yesterday after the close. Revenues were down 9% YoY for Q2 and management forecast an 11% decline for Q3. The stock market rewarded this fundamental deterioration in TXN's business model by adding nearly $8 billion to TXN's valuation as I write this.The Dow Jones Transports index is up 1% on the news that the U.S. is sending envoys over to...Read More
Gary Savage - gold, silver update:Gary Savage Read More
Stewart Thomson, Graceland Updates 1. At McDonald's restaurant, customers can "supersize" their food orders. Can gold supersize its awesome 2019 price action?2. Well, please click here now: https://gracelandjuniors.com/wordpress/wp-content/uploads/2019/07/2019jul23gold1.png 3. The technical action on this gold chart is spectacular!4. Gold has form...Read More
The bull market has been chugging along for more than ten years, so there's little point in pretending we know precisely where or when it will end. However, neither should we ignore the fact that the Dow, having traded as high as 27,399, is mere millimeters from a key 'Hidden Pivot' resistance at 27,463. As a practical matter, because this is a logical place for a top of at least middling impor...Read More
Three things/events/economic data which can affect gold and silver till next week.1. European Central bank meeting tomorrow.2. US GDP numbers on Friday. 3. US-China trade talks. I do not think FOMC meet will have any impact on metals, energies or the US dollar Index. Interest rate cut has been factored in by the market. Gold and silver short-term investors need to c...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from Fastmarkets' Wednesday July 24 pricing session in Europe:Key drivers The ferro-titanium market has stabilized after a run of losses and while there was one sale around $4.50 per kg and below the current range, it was in isolation, with most sources expecting a stabilizing in the market. The ferro-titanium market is establishing a price floor, with producer supply cited to be in...Read More
Key data from Fastmarkets' Wednesday July 24 pricing session in Europe:Key drivers The ferro-titanium market has stabilized after a run of losses and while there was one sale around $4.50 per kg and below the current range, it was in isolation, with most sources expecting a stabilizing in the market. The ferro-titanium market is establishing a price floor, with producer supply cited to be in...Read More