Traders seem to be "all-in" on a bearish price move for gold, despite Friday's strong finishGold futures took a big hit in the aftermath of last week's Federal Open Market Committee (FOMC) meeting -- which was punctuated by a press conference at which Chairman Jerome Powell disappointed anyone who may have been anticipating a hairpin shift from rate hikes to rate cuts on the part of the central ba...Read More
Great Atlantic Resources (TSXV: GR) acquired, through an option agreement and by staking, the Glenelg vanadium property located in southwest New Brunswick, Canada.In a press release, Great Atlantic said that recent bedrock grab samples from the property from a layered intrusion returned significant levels of vanadium, specifically 0.33 & 0.42% V2O5.Located approximately 5 kilometres southeast of t...Read More
Transition Metals (TSXV: XTM) announced this week that it completed a ground magnetotellurics or MT survey and stacked an additional 235 hectares at its 100%-owned Saturday Night project, located north of Thunder Bay, Ontario.In a press release, the Sudbury-based miner said that the completed MT survey included 37 stations focused on further evaluating a reversely-polarized magnetic anomaly measur...Read More
* Zinc hits two-month low on expectated higher supplies * Copper cancelled warrants near 27 percent * GRAPHIC-2019 asset returns: (Updates with closing prices)By Pratima DesaiLONDON, May 7 (Reuters) - Copper prices fell on Tuesdaytowards 2-1/2 month lows hit last week on worries about demandafter U.S. President Donald Trump said he would raise tariffs onChinese goods before U.S-China trade talks.B...Read More
Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal this year, or 7.1% of the total global output, according to data and analytics firm GlobalData.In comparison, main rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) output for 2019 is estimated at only 5.6 million oun...Read More
Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal this year, or 7.1% of the total global output, according to data and analytics firm GlobalData.In comparison, main rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) output for 2019 is estimated at only 5.6 million oun...Read More
Question? Which nation is the biggest gold producer in Europe, excluding Russia? Clue: it gave the world Santa Claus, gifted tulips to the Netherlands and calls olive oil wrestling its national sport. Kerim Sener is devoted to making it better known for auricerous land.Read full newsRead More
At Insider Monkey we follow nearly 750 of the best-performing investors and even though many of them lost money in the last couple of months of 2018 (some actually delivered very strong returns), the history teaches us that over the long-run they still manage to beat the market, which is why it can beRead full newsRead More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show...Read More
Will investors see the glass half full thanks to more Chinese stimulus, or the glass half empty due to Trump tariff tweets? Meanwhile, meet the CEO who will be staring down short sellers when he reports Q1 earnings this week.We cover all that and more in this week's free Insights newsletter. Click here to read (no registration required). Read More
"$ATAX - America First Multifamily Investors, L.P. (ATAX) CEO Chad Daffer on Q1 2019 Results - Earnings Call Transcript https://t.co/kYEgHjfF46"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended down Monday, but bounced back from earlier lows after China said its trade representatives would still come to the U.S. for talks, despite President Trump's tweets threatening to raise tariffs on China-made goods. Kraft Heinz (KHC - Get Report) rose slightly after the packaged food company announced it would restate i...Read More
Central banks are going gaga over gold. They are snapping up the metal at the fastest rate in almost half a century in a trend that looks set to continue. Over the 12 months through March 31, they purchased a whopping 715.7 metric tons of gold bullion worth around $29.4 billion, according to a recently published report from the industry group World Gold Council. "In all likelihood, we expect ano...Read More
With LME Asia Week now in full swing, Fastmarkets MB takes an in-depth look at one of the topics likely to dominate discussions at this year's event: How will aluminium premiums in Japan and South Korea likely fare for the rest of the year?The main Japan ports (MJP) aluminium premium typically rises during the peak demand season seen during the second quarter of each year, Fastmarkets MB data indi...Read More
Comex copper remained in a fixed range to open the week, with European market participants sidelined for a public holiday.Comex copper remained in a fixed range to open the week, with European market participants sidelined for a public holiday.The copper price for July settlement on the Comex division of the New York Mercantile Exchange inched up 0.95 cents to $2.8285 per lb.In a post overnight on...Read More
Copper stocks in Shanghai-bonded warehouses rose slightly in April compared with March, while muted trading activity last month pushed the bonded warrant premium for the red metal to a 13-month low.Despite the slight increase, market participants expect copper inventories to decline in the coming weeks and months because the second quarter of the year is traditionally associated with high metal co...Read More
From Monday May 13, Fastmarkets MB will publish the assessment of manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou on Mondays, instead of Wednesdays previously. The change was initially meant to take effect on Monday May 6 following a one-month consultation over the whole of April, taking into account the May 1-3 Labor Day break in China. But this was postponed for anothe...Read More