"Cannara Biotech Shares to Begin Trading on the Frankfurt Exchange -- @cannarabiotech #love $love #cannabis #cbd #cse #marijuanastocks #momentumstocks #potstocks #smallcap #thc--Read the News Release here: https://t.co/smlyEqwX2L"Read full newsRead More
• The continuation of the recent USD rally to six-week tops prompts some fresh selling. • Risk-on mood/a goodish pickup in the US bond yields add to the prevalent selling bias. Gold kept losing ground through the early North-American session and is currently placed at the lower end of its daily trading range, below $1305 level. A combination of negati...Read More
Gold prices ended Monday with a loss as a leading dollar index traded at its highest levels since December, cutting demand for investors buying precious metals using other currencies. "It appears that, facing growing uncertainty, investors are once more seeking refuge in the North American currency," said Ricardo Evangelista, senior analyst at ActiveTrades. "Concerns regarding the Chinese economy,...Read More
Download (PDF, 1.01MB)Executives are dangerously ambivalent to implementing proper risk governance measures across industrial sectors despite overwhelming evidence of business disruptions which can occur from failing to manage risk, according to DuPont Sustainable Solutions (DSS).A recent survey conducted by DSS, the 2018 Global Operations Risk Survey of Corporate Leaders, reveals startling findin...Read More
There has been a fundamental shift in central banks' behavior with respect to gold over the past decade. The 2008 financial crisis led central banks to re-evaluate the relevance and importance of gold on their balance sheets. Check out the sudden change in sentiment that occurred in 2009, as central banks shifted from being net sellers to net buyers for the first time in 20 years.While central ban...Read More
Russia's central bank will pay less than an industry benchmark for gold that it buys on the domestic market, it said on Monday.The central bank said that from May 1 it would add a discount to a purchase price currently based on the daily London Bullion Market Association (LBMA) gold price. The size of the discount will gradually rise during 2019, it added.Russia has overtaken China to become the w...Read More
Canada's ethics watchdog is investigating whether Prime Minister Justin Trudeau broke the rules and pressured his former attorney general to help SNC-Lavalin Group Inc. settle corruption charges out of court.Ethics Commissioner Mario Dion confirmed his investigation Monday in a letter to two New Democratic Party lawmakers. Dion said he would investigate whether Trudeau contravened a section of the...Read More
Nicolas Maduro is under pressure at home and abroad, and being encouraged by the U.S. to go to "a nice beach somewhere far from Venezuela." The question is where would - or could - he go?The Venezuelan leader has held on for years in the face of protests, a collapsed economy and international sanctions, via a tight grip on the military and by cracking down on the opposition. But the stress has nev...Read More
* Melting ice sheet washes sediments to Greenland's coast* Sand could be new export business for Arctic island* Rare example of positive spinoff from climate changeGreenland could start to export sand in a rare positive spinoff from global warming that is melting the island's vast ice sheet and washing large amounts of sediment into the sea, scientists said on Monday.Mining of sand and gravel, wid...Read More
DIS and PFE are among the worst Dow stocks todayThe Dow Jones Industrial Average (DJI) is modestly lower at midday, erasing early morning gains despite positive trade headlines from the weekend. Specifically, reports of a possible mid-March meeting between U.S. President Donald Trump and Chinese President Xi Jinping helped the Dow start strong, butrough outings from Disney (DIS) and Pfizer (PFE...Read More
* No talks between Trump and Xi before March trade deadline * Speculators target zinc after breached technical level* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, Feb 11 (Reuters) - Zinc slumped to a two-week low onMonday falling along with other industrial metals as speculatorssold in response to concerns about U.S.-China trade talks andglobal growth.China expres...Read More
* Eskom cuts 4,000 MW from national grid* Test for Ramaphosa months before election* Rand currency, Eskom dollar bonds slump* Eskom board says to audit power system (Updates after Eskom board statement)South Africa's Eskom implemented the most severe power cuts in years on Monday after seven generating units unexpectedly went offline, underscoring the challenge President Cyril Ramaphosa faces to f...Read More
One name was double-upgraded to "buy" at Goldman SachsGoldman Sachs issued a double upgrade for Avis Budget Group Inc. (NASDAQ:CAR) to "buy" from "sell," and lifted its price target to $35 from $30 -- a 36% premium to Friday's close. The brokerage firm said CAR stock "looks attractive for mean reversion," as headwinds to the sector "appear priced in."In reaction, Avis Budget shares are up 7.2% tod...Read More
With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining's (TSXV: PGM) Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.Total life of mine capex including closure costs for the underground mine are expected to come in at $327 million. Madsen is one of the high...Read More
With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining's (TSXV: PGM) Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.Total life of mine capex including closure costs for the underground mine are expected to come in at $327 million. Madsen is one of the high...Read More
With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining's (TSXV: PGM) Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.Total life of mine capex including closure costs for the underground mine are expected to come in at $327 million. Madsen is one of the high...Read More
Activision stock is down on layoff reports expected to affect hundreds of employees The shares of Activision Blizzard, Inc. (NASDAQ:ATVI) are down 5% at $41.23 in early market trading after Bloomberg reported that the video game giant is planning on announcing a round of layoffs. The cuts -- which could potentially affect hundreds of employees -- are a response to a slowdown in sales and an attemp...Read More
The options market is pricing in a giant earnings move for UAA Under Armour Inc (NYSE:UAA) stock jumped 27.7% the day after earnings back in October, part of its streak of four consecutive quarters of post-earnings gains, including a 17.4% pop this quarter last year. The shares will try to keep the ball rolling following the company's earnings release tomorrow morning, and the options market is pr...Read More
SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totaling 2.1 million inferred tonnes grading 5.35 grams gold for 361,000 oz. gold.Highlights from the Bantou Proximal zone include 5.21 grams gold over 11 metres from 62 metres downhole and 7.35 grams gold over 3 metres from 95 metres downhole.S...Read More