Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More
Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More
South Africa's Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company, which last month appointed former gold miner Richard Duffy as chief executive effective in April, said the appointment of a new chair was "not appropriate" at this time.Petra said the board and nomination comm...Read More
South Africa's Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company, which last month appointed former gold miner Richard Duffy as chief executive effective in April, said the appointment of a new chair was "not appropriate" at this time.Petra said the board and nomination comm...Read More
Cigarette stocks have been among the best option plays latelyThe Cboe Volatility Index (VIX) is down nearly 50% from the beginning of the year. It's the biggest year-to-date drop at this point in the year in the history of the "fear index" (data back to 1990). In other words, volatility expectations are way down since the beginning of 2019. This is good news for options traders, because it means o...Read More
* FTSE 100 down 0.5 pct * FTSE 250 down 0.8 pct * Financials, housebuilders slip after Brexit delay request * Miners fall on oversupply concerns * Kingfisher down after results, CEO change plan * Inmarsat jumps on go-private talks * Kier skids after results, dividend cut (Adds news items, analyst comment, updates to closing prices)By Shashwat Awasthi and Yadarisa ShabongMarch 20 (Reuters) - Financ...Read More
"One of last year's best-performing hedge funds says the "trade of the century" is to buy gold and sell stocks https://t.co/b5C8ytrbEA via @markets"Read full newsRead More
"One of last year's best-performing hedge funds says the "trade of the century" is to buy gold and sell stocks https://t.co/b5C8ytrbEA via @markets"Read full newsRead More
With the Fed expected to leave interest rates unchanged at its meeting today, short of a surprise hawkish approach towards inflation, we suspect factors other than changes in monetary policy will be driving gold stocks for the foreseeable future. With that in mind, we thought our comments contained in the March Top 20 Gold Stock report remain timely for investors.One of the themes we continue to...Read More
Investors 'flabbergasted' at $1.1b stake taken in Red Chris mine by Australia's NewcrestRead full newsRead More
Investors 'flabbergasted' at $1.1b stake taken in Red Chris mine by Australia's NewcrestRead full newsRead More
Published 22 Hours AgoUpdated5 Hours AgoReuters Umit Bektas | ReutersPalladium hit an all-time high on Wednesday on concerns over tight supplies of the autocatalyst metal, while gold reversed course to rise after the U.S. Federal Reserve kept interest rates unchanged. Spot palladium rose 0.6 percent to $1,605.51 per ounce, having earlier touched a record high of $1,608.Palladium is extensively us...Read More
Australian copper junior Aeris Resources (ASX: AIS) revealed on Wednesday that it had offered miner and commodities trader Glencore (LON: GLEN) $575 million for its CSA copper operation.Aeris said negotiations to buy the mine were at a late stage, adding that the offer consisted of $525 million in cash, $50 million in the company's shares and a royalty payable to Glencore.Aeris Resources' outsized...Read More
Australian copper junior Aeris Resources (ASX: AIS) revealed on Wednesday that it had offered miner and commodities trader Glencore (LON: GLEN) $575 million for its CSA copper operation.Aeris said negotiations to buy the mine were at a late stage, adding that the offer consisted of $525 million in cash, $50 million in the company's shares and a royalty payable to Glencore.Aeris Resources' outsized...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company is opening a permanent location in Tsawwassen Mills following the successful course of Peekaboo Beans' trial pop-up shops across the country. The store is now open in the updated location within the mall, which is conveniently located in the busy 'kid zone'. Th...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended down Tuesday on reports that China is pushing back during trade negotiations. Cannabis company Tilray (TLRY) beat fourth-quarter revenue estimates but shares turned lower, falling 3.4%. Discount shoe and accessories retailer DSW (DSW) reported a surprise fourth-quarter loss. Shares fell 12.9%....Read More
Aluminium premiums in Japan and South Korea were on an uptrend on Tuesday March 19, due to supply tightness throughout the East Asian region, while premiums elsewhere in the world were supported by a wide contango on the London Metal Exchange. Port congestion in Japan pushes premiums higher; premiums in South Korea shoot up due to lack of supply in LME warehouses LME spreads support Rotterdam alum...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 19.Please click...Read More
Aluminium's three-month price on the London Metal Exchange rose by more than 1% at the close of trading on Tuesday March 19, with a large rewarranting of just under 100,000 tonnes doing little to curb an upswing that saw the metal's price close at a three-month high of $1,946 per tonne.Total volumes traded in aluminium topped the complex, with more than 18,000 lots changing hands by the close, the...Read More