Anglo American has restarted operations at its Moranbah North coal facility in Australia's Queensland state, it said on Monday, after one worker died and several were injured in a collision underground last week.The London-listed miner said in a statement it was still investigating the incident, as was the state's mines safety inspector, which involved a personnel carrier and a grading vehicle las...Read More

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Barrick Gold Corp's chief executive defended the world's largest gold producer's hostile $18 billion bid for Newmont Mining Corp saying on Monday the deal is "logical" for an industry battling high costs and depleting resources.Barrick, which recently completed a $6.1 billion acquisition of Africa-focused Randgold Resources, launched its all-stock bid on Monday, encouraging the U.S. rival to ditch...Read More

The IAU ETF is up 12.06% since October 2018, as the Fed has turned increasingly dovish.The latest Fed minutes reveal how the Fed's economic outlook has become more uncertain, which will result in more dovishness for the foreseeable future.Various Fed members have come out to express their view that the US economy may not need more rate hikes amid weakening economic conditions.The iShares Gold...Read More

Barrick Gold announces that it has made a proposal to the Newmont Mining to merge in an all-share transaction.Barrick CEO Mark Bristow says the merger would unlock more than $7 billion net present value of real synergies.The merger, if approved, would come after years of stagnant gold prices, with futures trapped between $1,000 and $1,400 per ounce over the last several years.Thomas Franck | Tom D...Read More

Short interest remains very high on PLSE stockNano-pulse technology expert Pulse Biosciences Inc (NASDAQ:PLSE) has seen its stock shoot higher in recent weeks, with the rally essentially starting at the end of January, when the shares were trading near $12. Today, PLSE stock is trading at 17.66, though this puts its 3.1% lower on the day, even after a positive analyst note. Specifically, H.C. Wain...Read More

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

The semiconductor concern was higher after President Trump announced a delay in tariff hikesThe shares of Micron Technology Inc (NASDAQ:MU) are up 2.2% at $43.51 in early trading, popping on news that President Donald Trump would push back the March 1 deadline for new tariffs on Chinese goods. The semiconductor concern, which relies on China for a large portion of its revenue, is now at its highes...Read More

The dollar weakened in response to progress on U.S.-China trade.This suggests that gold will benefit from an end to the trade war.Gold fund flows suggest plenty of healthy skepticism for gold.A commonly held belief among investors and analysts is that the gold price will suffer if the U.S.-China trade dispute is amicably resolved. This view is so widely circulated in commentaries on the gold price...Read More

* QR CEO says Mt Isa railway fixed as soon as end April* Repair estimate reduced from 6 months to 8-12 weeks* Line carries 5 pct of global zinc supply from mine to portAustralia's Queensland Rail said on Monday that it expects a railway hit by flooding this month, which disrupted zinc shipments from major producers such as Glencore, to be fixed as early as the end of April, sooner than it had expe...Read More

Hostile bids bring out the worst in people. On the other hand, they also foster tremendous creativity.Barrick CEO Mark Bristow followed up on the analyst call, calling Newmont's Goldcorp bid "desperate and bizarre." Knife, meet twist.Take Barrick Gold Corp.'s $17.8 billion unsolicited bid for Newmont Mining Corp., unveiled (or unleashed) Monday morning. Barrick led with its (publicized) letter to...Read More

MSFT has had a great year on the chartsThe shares of Microsoft Corporation (NASDAQ:MSFT) are moving higher in early trading, after the tech giant was added to Wedbush's "Best Ideas List," the brokerage citing a compelling risk/reward over the next 12-18 months. The analyst also said Microsoft's cloud opportunities could be a "major tailwind" for MSFT shares, and that Azure is "starting to close th...Read More

Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to mitigate any danger from tailings dams and is "comfortable" with engineering designs in place at existing dams.Adkerson's comments come a month after a Brazilian tailings dam controlled by rival Vale collapsed, killing more than 300.Phoenix-based Freeport controls 19 active tailings dams...Read More

Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to mitigate any danger from tailings dams and is "comfortable" with engineering designs in place at existing dams.Adkerson's comments come a month after a Brazilian tailings dam controlled by rival Vale collapsed, killing more than 300.Phoenix-based Freeport controls 19 active tailings dams...Read More

Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to mitigate any danger from tailings dams and is "comfortable" with engineering designs in place at existing dams.Adkerson's comments come a month after a Brazilian tailings dam controlled by rival Vale collapsed, killing more than 300.Phoenix-based Freeport controls 19 active tailings dams...Read More

GE has added more than 50% since its early December bottomThe shares of General Electric Company (NYSE:GE) are soaring this morning, up 16.9% in electronic trading, after the industrial conglomerate sold its biopharmaceutical business to medical equipment maker Danaher (DHR) for $21.4 billion. GE's current CEO, Larry Culp, was the former head of Danaher. Should today's pre-market gains hold, it...Read More