As we approach the end of the week, gold is trading slightly off its best levels thanks in part to a rebound for the US dollar and the recent recovery in stock prices reducing the appeal of the safe-haven commodity. The metal is still up for the fourth consecutive month, so its struggle to go further higher this week should come as no surprise. Clearly some profit-taking should be expected. It is...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
Tyson just ran into a technical alarm at its 80-day The shares of Tyson Foods, Inc. (NYSE:TSN) were last seen trading 0.6% higher at $57.89 -- up about 16.5% from their Dec. 20 nearly three-year low of $49.77. However, some stiff resistance could cap the poultry name's gains, as a historically bearish technical alarm just sounded for TSN shares. Specifically, TSN stock has been in a downtrend sin...Read More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/AgrvL2gosa"Read full newsRead More
"Nexus Gold Completes Acquisition of the New Pilot Gold Project, Bridge River Mining Camp, British Columbia @NexusGoldCorp https://t.co/9t7tUc1fzW"Read full newsRead More
General Motors stock is on track for its best day since late OctoberStocks are pulling back today as the government shutdown drags on. Video game maker Activision Blizzard, Inc. (NASDAQ:ATVI) is lower, while auto stock General Motors Company (NYSE:GM), and cannabis name Aphria Inc (NYSE:APHA) are higher. Below, we'll take a look at the news moving the shares of ATVI, GM, and APHA.ATVI on Verge o...Read More
Weed stocks were hot againU.S. stocks rose this week, though Friday's price action has them set to snap their five-day win streak -- the longest such streak for the S&P 500 Index (SPX) since September. Another streak remains alive, however, as the Dow Jones Industrial Average (DJI), SPX, and Nasdaq (IXIC) each are set for a third straight weekly win. Trade talks between the U.S. and China were the...Read More
"Abattis Bioceuticals (@Abattis) (#CSE: $ATT | #OTC: $ATTBF) Enters Into Definitive Share Exchange Agreement With NutriVida [https://t.co/izvkmD9rkJ]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #marijuananews"Read full newsRead More
Gold's near-term outlook has taken a turn for the worse. That's because the gold timers on balance have become quite bullish. In fact, the last time that the average gold timer was more bullish than today was almost exactly one year ago, when gold GCG9, +0.04% traded for around $1,355 an ounce. The yellow metal proceeded to fall some 13% from then until the summer. That is just one data point, of...Read More
Ontario's Government for the People is creating jobs and promoting investment in Northern Ontario by supporting the City of Kenora's plan to revitalize its downtown.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced the City of Kenora is receiving $1 million to implement phase four of its Downtown Revitalization Project. This includes construction of a pedestrian-...Read More
Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More
Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More
"Surge Exploration (@Surgeexplore) (#TSXV: $SUR | #OTCQB: $SURJF) Announces Spin-Out Company and Plan of Arrangement [https://t.co/Rb8je6EFh0]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #copper #cleanenergy #cobalt"Read full newsRead More
"NexTech AR Solutions (@ARitize_app) (#CSE: $NTAR | #OTC: $NEXCF) CEO Announces Shareholders Update [https://t.co/QSqfbMuJEu]#investing #stocks #stockmarket #trading #investors #news #investing #business #investments #tech #augmentedreality #AR #technology"Read full newsRead More
ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More
ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More
TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More
TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More