Recent News

Pan American Silver shares slide on 2018 production slightly below targets

January 22, 2019 / www.mining.com

Shares of Pan American Silver (TSX, NASDAQ:PAAS), the miner that recently acquired precious metal miner Tahoe Resources, (TSX:THO) (NYSE:TAHO) creating one of the world's largest silver producers, fell in pre-market trading after it reported full year production was marginally below guidance.The Canadian miner said it had churned out 24.8 million ounces of silver last year, just shy of the 25-2...Read More

The New "Disruptor" Tech Ready to Boom

January 22, 2019 / www.schaeffersresearch.com

Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More

UPDATE 2-Fresh global growth worries drag on FTSE 100; lift-off for easyJet

January 22, 2019 / www.kitco.com

* FTSE 100 down 1 pct; FTSE 250 down 0.4 pct * UBS results weighs on financials * Oil majors, miners among major blue-chip drags * easyJet climbs to outperform main index * Mid-cap IG Group sinks after trading update * Pets at Home posts best day ever (Adds company news items, analyst comment, updates to closingprices)By Shashwat AwasthiJan 22 (Reuters) - Britain's FTSE 100 posted its worst dayin...Read More

Eldorado Gold counting down to open its first mine in Canada

January 22, 2019 / www.mining.com

Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) is getting close to opening its first mine in Canada - the Lamaque project in Val d'Or, Quebec, which it grabbed after acquiring Integra Gold in 2017 and is expected to come online during the first quarter of the year.Delivering full year and last quarter of 2018 results, the Vancouver-based company said pre-commercial production from the operation had...Read More

Eldorado Gold counting down to open its first mine in Canada

January 22, 2019 / www.mining.com

Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) is getting close to opening its first mine in Canada - the Lamaque project in Val d'Or, Quebec, which it grabbed after acquiring Integra Gold in 2017 and is expected to come online during the first quarter of the year.Delivering full year and last quarter of 2018 results, the Vancouver-based company said pre-commercial production from the operation had...Read More

Eldorado Gold counting down to open its first mine in Canada

January 22, 2019 / www.mining.com

Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) is getting close to opening its first mine in Canada - the Lamaque project in Val d'Or, Quebec, which it grabbed after acquiring Integra Gold in 2017 and is expected to come online during the first quarter of the year.Delivering full year and last quarter of 2018 results, the Vancouver-based company said pre-commercial production from the operation had...Read More

Runaway train wreck, copper outages cost BHP $600 million

January 22, 2019 / www.mining.com

World's No.1 miner BHP (ASX:BHP) revealed Tuesday the hefty financial burden caused by three separate incidents that affected its iron ore and copper operations in the October-December 2018 quarter.The Perth-based mining giant said the forced derailment of a fully-laden iron ore train in the Pilbara and unplanned production outages at Olympic Dam and Spence copper mines would cost it $600 million....Read More

Rai Sahi winning the short game

January 22, 2019 / www.canadianinsider.com

In the mid-January short report released by IIROC Monday, it caught our eye how little attention the shorts give to Rai Sahi's TWC Enterprises (Sunny; TWC). A minuscule 0.016% of the gold course operator's share float is shorted. Meanwhile, insider commitment is strong with insiders holding over 70% of the shares outstanding. The bulk of those insider shares are held by Mr. Sahi, who is also the...Read More

Gold remains on defensive despite IMF's downward revision of global growth

January 22, 2019 / www.fxstreet.com

Gold is under pressure in Asia, having witnessed range breakdown on Jan. 18. The International Monetary Fund (IMF) trimmed global growth forecasts on Monday. Sino-US trade talks are making little progress on key issues. The S&P 500 futures are reporting losses at press time. Even so, the yellow metal is struggling to find bids. Gold is currently trading at $1,278; down 0.37 percent on the da...Read More

Trade Level For Leading Gold Mining Stock

January 22, 2019 / dlvr.it

Stocks Analysis by Nicholas Santiago covering: Newmont Mining Corporation, Goldcorp Inc. Read Nicholas Santiago's latest article on Investing.comRead full newsRead More

Gold firm on fragile risk-sentiment, buoyant dollar caps gains

January 22, 2019 / www.cnbc.com

Spot gold was up 0.3 percent at $1,283.40 an ounce at 12:48 p.m. ET.Dollar stands near 2-week highs.Palladium below record highs touched last week.Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold held firm on Tuesday, propped by interest from investors seeking refuge from concerns over slowing global growth, while gains for the metal were limited as the dollar held near a multi-we...Read More

Silver To Climb To $20, Outperform Gold In 2019 - TheStreet

January 22, 2019 / www.thestreet.com

While catalysts are in place for gold to rally in 2019, silver will be the outperforming asset next year, said Todd "Bubba" Horwitz of bubbatrading.com. "I think silver will be up near $18 to $20 [an ounce] and I think silver is going significantly higher too and I expect it, in the next couple of years, to close the ratio between gold and silver. I expect silver to be stronger than gold when it...Read More

Why the Economy Is Particularly Vulnerable Right Now - TheStreet

January 22, 2019 / www.thestreet.com

Nobody would disagree that the economy is currently in good shape, and nobody would disagree that it's in the best shape it's been in for a long time.  But there's one reason it is particularly susceptible to a shock that could trigger a recession. The economy has grown to close to 5% GDP growth this year, but achieving that growth rate has taken the U.S. a very long time during this painful...Read More

LIVE FUTURES REPORT 21/01: Mixed trading continues as uncertainty about China builds

January 22, 2019 / www.metalbulletin.com

The base metals complex showed mixed results in afternoon trading on Monday January 21, with London Metal Exchange-three month prices for copper, aluminium and nickel failing to live up to last week's universal closing rally.The focus of the market remains on China's fourth-quarter data, which showed a further slowing of the economy at the end of 2018, with gross domestic product (GDP) growing by...Read More

LIVE FUTURES REPORT 21/01: Base metals have mixed morning after Chinese data release

January 22, 2019 / www.metalbulletin.com

Base metals on the London Metal Exchange complex consolidated in mixed morning trading on Monday 21 January, while market focus shifted to China's fourth-quarter data release.China's fourth-quarter GDP data was in line with expectations at 6.4%, down 0.1% from its previous recorded figure at 6.5%.''These numbers are basically in line with expectations, which were not optimistic,'' John Browning of...Read More

China's 'looser' aluminium winter cuts has limited effect after 7.4% increase in total output in 2018

January 22, 2019 / www.metalbulletin.com

China produced 35.8 million tonnes of aluminium in 2018, up 7.4% year on year, according to data released by China's Statistics Bureau on Monday January 21, suggesting the annual winter production cuts did little to slow output in the country. Chinese output in December 2018 reached 3.05 million tonnes, marking an 11.3% increase from the same period of last year. Market producers said the only mod...Read More

Global Stocks Retreat on IMF Economic Downgrade, China Growth Concerns - TheStreet

January 22, 2019 / www.thestreet.com

Global stocks retreated Monday as investors reacted the weakest growth data from China in nearly thirty years and a downgrade to the world's economic forecast from the IMF. China's National Bureau of Statistics said fourth quarter GDP slowed to 6.4%, taking the full-year advance to 6.4%, down from 6.8% in 2017 and the slowest since 1990. Domestic demand and export growth have both suffered this...Read More

Raw Commodities Reached Cyclical Low; 2019 To See Comeback - TheStreet

January 22, 2019 / www.thestreet.com

Commodities have reached a cyclical low and should be headed for higher prices in the years to come, this according to Jim Wyckoff, senior market analyst for Kitco News. "Raw commodities, in the past year or so, I believe has put in a longer-term cyclical low. That means in the coming years those raw commodity prices are going to work higher," Wyckoff said. Wyckoff said that next year should see...Read More

China back competing hard for mining assets, VRIC told

January 22, 2019 / www.mining-journal.com

And not just Australian companies but small-to-mid-tier miners domiciled elsewhere  on the lookout for growth options.Read More

Global Stocks Mixed as China GDP Slows, Brexit Uncertainty Hangs Over Europe - TheStreet

January 22, 2019 / www.thestreet.com

  Global stocks were mixed Monday as investors reacted the weakest growth data from China in nearly thirty years in favor of a cautious bet that stimulus from Beijing, and a trade deal with Washington, will ignite growth in the world's second largest economy. China's National Bureau of Statistics said fourth quarter GDP slowed to 6.4%, taking the full-year advance to 6.4%, down from 6....Read More

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