Tesla will unveil its new SUV on March 14Dow Jones Industrial Average (DJI) futures are pointed confidently higher this morning, thanks to more optimistic U.S.-China trade headlines. More specifically, a Wall Street Journal report on Sunday indicated that trade negotiations between the two countries were in their final stages, and a deal could be signed by the end of the month. The report also su...Read More
This formidable S&P price point may have just flipped the supply-demand equation back in the bears' favor"...the SPX's 2,800 level is on the radar of many chartists as a potential resistance area -- a level that is now very much in view. This is an important level, as it is a round number and the site of the past highs as I mentioned last week. But if indeed a short-term top or a hesitation in the...Read More
Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.Chief executive Gary Goldberg said Newmont's board had concluded that its planned $10 billion takeover of Canada's Goldcorp (TSX:G) (NYSE:GG) was the best de...Read More
Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.Chief executive Gary Goldberg said Newmont's board had concluded that its planned $10 billion takeover of Canada's Goldcorp (TSX:G) (NYSE:GG) was the best de...Read More
Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.Chief executive Gary Goldberg said Newmont's board had concluded that its planned $10 billion takeover of Canada's Goldcorp (TSX:G) (NYSE:GG) was the best de...Read More
(Corrects asset manager name to Kingswood from Kingwood inparagraph 7) * Graphic: World FX rates in 2019* S&P futures indicate higher open on Wall Street * WSJ reports Trump-Xi trade summit likely this month * Dollar hits one-week high, specs increase long dollar bets * Greek government bond yields hit 12-year low on ratingsboostBy Ritvik CarvalhoLONDON, March 4 (Reuters) - Global shares rose...Read More
Canada's Explorex Resources (CSE: EX) announced that it wants to buy New Tech Minerals' (CNSX: NTM) Buena Vista Hills cobalt - iron oxide - copper-gold project, located in Pershing County, Nevada.In a press release, Explorex said Buena Vista Hills seems to be a unique opportunity and setting for a large scale near surface cobalt target.In order to buy the property, the Vancouver-based miner entere...Read More
Canada's Explorex Resources (CSE: EX) announced that it wants to buy New Tech Minerals' (CNSX: NTM) Buena Vista Hills cobalt - iron oxide - copper-gold project, located in Pershing County, Nevada.In a press release, Explorex said Buena Vista Hills seems to be a unique opportunity and setting for a large scale near surface cobalt target.In order to buy the property, the Vancouver-based miner entere...Read More
Canada's Explorex Resources (CSE: EX) announced that it wants to buy New Tech Minerals' (CNSX: NTM) Buena Vista Hills cobalt - iron oxide - copper-gold project, located in Pershing County, Nevada.In a press release, Explorex said Buena Vista Hills seems to be a unique opportunity and setting for a large scale near surface cobalt target.In order to buy the property, the Vancouver-based miner entere...Read More
Canada's mining ministers, with the exception of those from Ontario and Saskatchewan, made public on Sunday the Canadian Minerals and Metals Plan or CMMP, which is expected to guide priority areas for the sector in the coming years.Among those key themes are raising Canadians' awareness of the importance of the minerals and metals sector, responding to ongoing and emerging challenges, and helping...Read More
Canada's mining ministers, with the exception of those from Ontario and Saskatchewan, made public on Sunday the Canadian Minerals and Metals Plan or CMMP, which is expected to guide priority areas for the sector in the coming years.Among those key themes are raising Canadians' awareness of the importance of the minerals and metals sector, responding to ongoing and emerging challenges, and helping...Read More
Canada's mining ministers, with the exception of those from Ontario and Saskatchewan, made public on Sunday the Canadian Minerals and Metals Plan or CMMP, which is expected to guide priority areas for the sector in the coming years.Among those key themes are raising Canadians' awareness of the importance of the minerals and metals sector, responding to ongoing and emerging challenges, and helping...Read More
* Pound dips after last week's jump * Sterling susceptible to Brexit sentiment * Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (recasts, updates prices)By Tommy WilkesLONDON, March 4 (Reuters) - Sterling fell on Monday as PrimeMinister Theresa May's top lawyer tried to clinch a Brexitcompromise with the European Union in a last-ditch bid to winover rebellious...Read More
March 4 - Newmont Mining Corp on Monday rejected rival Barrick Gold Corp's unsolicited offer, saying the all-stock proposal was not in the best interest of its shareholders as it was offered at a discount.Barrick had offered 2.5694 of its common shares for each Newmont share, which translated to about $33 per Newmont share on Feb. 25, representing a discount to Newmont's trading price by about $3....Read More
* Stainless steel prices rise, stocks build in China * Copper down on profit-taking on long positions (Adds official close)By Pratima DesaiLONDON, March 4 (Reuters) - Nickel prices climbed to asix-month peak on Monday as expectations of a fourth consecutiveyear of supply deficit were reinforced by signs of robust demandfrom stainless steel mills in China.Benchmark nickel on the London Metal Exchan...Read More
A new high leads to selling.The short-term technical position improved.The long-term picture looks good.Three reasons for higher gold.Turbocharged products on dips.In mid-August 2018, a new high in the dollar index took the price of gold to its lowest price since early 2017 at $1161.40 per ounce. Gold did not stay at that level for long, and by the end of August, the price had recovered to over $1...Read More
"The Investing News Network will go live at PDAC on Monday at 3:30 p.m. EST with Rick Rule @RealRickRule. Here's how to tune in: https://t.co/h0p2lTse8J #PDAC2019 #INNatPDAC #interview"Read full newsRead More
In celebration of 25 years of Mellow Gold, our latest Invisible Hits column highlights the strange, fertile years that preceded Beck's breakthrough.Read full newsRead More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More