There's some downside risk for stocks this week as the month of March wraps upThe doubt we had in the S&P 500 Index (SPX - 2,800.71) breakout manifested itself late last week, after the Federal Open Market Committee (FOMC) decided to hold rates steady at the conclusion of its meeting on Wednesday. As we mentioned previously, nearly all market participants had largely expected this result. However,...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, March 25 (Reuters) - Copper prices touched theirlowest level in more than a month on Monday on worries aboutglobal economic growth, but falling inventories and the upcomingpeak demand season for industrial metals were seen curbinglosses."There are some headwinds from a macro perspective after thebroader reaction...Read More
* German business climate index increases, survey shows * London's FTSE 100 leads losses * Britain's Inmarsat gains on $3.4 bln buyout offer (Updates to closing)By Susan MathewMarch 25 (Reuters) - Europe suffered a fourth day of lossesas persistent worries about the pace of global growth and Brexituncertainty took their toll on shares in the region.The pan-European STOXX 600 index closed 0.45perce...Read More
US gold giant Newmont Mining (NYSE:NEM) has offered investors a one-time special dividend of 88 cents per share, if its $10 billion-friendly takeover of Goldcorp (TSX:G) (NYSE:GG) is approved, in an effort to stop a brewing shareholder revolt that could obstruct the deal with the Canadian gold miner.Some of Newmont's shareholders, including hedge fund giant Paulson & Co., have criticized the dea...Read More
US gold giant Newmont Mining (NYSE:NEM) has offered investors a one-time special dividend of 88 cents per share, if its $10 billion-friendly takeover of Goldcorp (TSX:G) (NYSE:GG) is approved, in an effort to stop a brewing shareholder revolt that could obstruct the deal with the Canadian gold miner.Some of Newmont's shareholders, including hedge fund giant Paulson & Co., have criticized the dea...Read More
CanAlaska Uranium (TSXV: CVV) agreed today to go ahead with the purchase of 100% of the past-producing Manibridge nickel mine in the Thompson Nickel Belt, Manitoba, central Canada.The mine is currently owned by Pure Nickel (TSXV: NIC). To acquire it, CanAlaska has to issue Pure Nickel 300,000 shares and 100,000 2-year warrants exercisable at $0.28/share, and pay $25,000.The Manibridge Mine claims,...Read More
CanAlaska Uranium (TSXV: CVV) agreed today to go ahead with the purchase of 100% of the past-producing Manibridge nickel mine in the Thompson Nickel Belt, Manitoba, central Canada.The mine is currently owned by Pure Nickel (TSXV: NIC). To acquire it, CanAlaska has to issue Pure Nickel 300,000 shares and 100,000 2-year warrants exercisable at $0.28/share, and pay $25,000.The Manibridge Mine claims,...Read More
Romios Gold Resources (TSXV: RG) announced that it has amended an agreement it signed with Crystal Lake Mining (TSXV: CLM) whereby Romios' Newmont Lake property has been optioned to CLM provided that the latter has funding in place to finance its commitment to spend $3 million on an agreed exploration program before September 20, 2019.In a press release, Romios explained that the Definitive Agreem...Read More
Romios Gold Resources (TSXV: RG) announced that it has amended an agreement it signed with Crystal Lake Mining (TSXV: CLM) whereby Romios' Newmont Lake property has been optioned to CLM provided that the latter has funding in place to finance its commitment to spend $3 million on an agreed exploration program before September 20, 2019.In a press release, Romios explained that the Definitive Agreem...Read More
Romios Gold Resources (TSXV: RG) announced that it has amended an agreement it signed with Crystal Lake Mining (TSXV: CLM) whereby Romios' Newmont Lake property has been optioned to CLM provided that the latter has funding in place to finance its commitment to spend $3 million on an agreed exploration program before September 20, 2019.In a press release, Romios explained that the Definitive Agreem...Read More
As Wisconsin moves closer to legalization, it's a race to secure dominance in the new market.The state of Wisconsin has officially put marijuana decriminalization and medical cannabis in the latest budget proposal. At this rate, Wisconsin could be the next state to legalize medical marijuana and possibly decriminalize the substance altogether.This company is predicted to make $6 to $8 million on t...Read More
* FTSE 100 down 0.4 pct * FTSE 250 down 1.1 pct * Fresnillo outperforms main index * Inmarsat gains on buyout deal * Wood Group slips after Jefferies' rating action (Adds news items, analyst comment, updates to closing prices)By Shashwat Awasthi and Pushkala AripakaMarch 25 (Reuters) - Britain's FTSE 100 slipped as fears ofa recession in the United States triggered a sell-off in globalmarkets, whi...Read More
Fears of US recession, sluggish data and Brexit uncertainty please safe-haven buyers. $1320 acts as immediate resistance with $1308 likely being nearby support. Gold prices are on bid around $1316 during early Monday. The yellow metal recently benefited as global markets turned risk-off moves after sluggish data from the US flashed a sign of recession for the world’s largest economy. Addin...Read More
"Sirios Resources Inc. (TSXV:SOI) is a junior exploration company with five gold assets in James Bay, Quebec, Cheechoo which is adjacent to Goldcorp's Eleonore gold mine, being the most advanced project. https://t.co/uWJWAUUxR3 #SiriosResources #gold #investing"Read full newsRead More
Learn how to protect savings and maximize returns by investing in precious metals.Gold Trust would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals 2019!Their goal is to help regular investors learn the "pro" secrets...Read More
ENDEAVOUR ACHIEVES FIRST GOLD POUR AT ITY CIL PROJECT 4 MONTHS AHEAD OF SCHEDULE View News Release in PDF HIGHLIGHTS Over 8.5 million man-hours have been worked without a lost time injury The ...Read full newsRead More
Brazilian mining giant Vale (NYSE:VALE) has been hit by a local court injunction that forces it to freeze operations at 13 of its tailings dams in the country.The world's biggest iron ore producer, which is expected to release its fourth-quarter figures on Wednesday, said the order will impact production at its massive Brucutu mine, as it will now take longer than expected to bring it back on li...Read More
Australia's OceanaGold (ASX, TSX: OGC) has withdrawn from two exploration projects in Argentina in which spent about $4.5 million (C$6m) over the past two years as explorations results have not met the miner's expectations.Mirasol Resources (TSX-V:MRZ), the owner of La Curva and Claudia prospects in Argentina's Santa Cruz province, said that while results to date weren't what OceanaGold expected,...Read More
Australia's OceanaGold (ASX, TSX: OGC) has withdrawn from two exploration projects in Argentina in which spent about $4.5 million (C$6m) over the past two years as explorations results have not met the miner's expectations.Mirasol Resources (TSX-V:MRZ), the owner of La Curva and Claudia prospects in Argentina's Santa Cruz province, said that while results to date weren't what OceanaGold expected,...Read More
Published 23 Hours AgoUpdated7 Hours AgoReuters Simon Dawson | Bloomberg | Getty ImagesGold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.Gold prices rose to a more than three-week high on Monday, helped by a weaker dollar and as worries over global economic growth pushed investors into safe-haven assets.Spot gold had risen 0.5 percent to $1,320.94 an ounce, a...Read More