Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he's determined to keep the global miner headquartered in Toronto - or at least as committed as he is to any head office. "Mining industries hav...Read More
Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he's determined to keep the global miner headquartered in Toronto - or at least as committed as he is to any head office. "Mining industries hav...Read More
• The precious metal stalled its positive momentum, triggered by dovish FOMC meeting minutes and once again failed ahead of the key $1300 mark amid a modest USD rebound. • Given the overnight bullish break-though a short-term descending trend-line, now coinciding with 100-hour SMA, any meaningful retracement might be seen as a buying opportunity. &nb...Read More
Juniors announce new gold zone in OntarioRead full newsRead More
WIX shares have gotten off to a strong start in 2019Website services provider Wix.com Ltd (NASDAQ:WIX) saw its price target raised to $130 from $123 at Wedbush, which added the stock to its best ideas list. This bull note comes as WIX shares try to move past their 50-day moving average after overcoming recent resistance from the 200-day moving average just last week. The security is up 0.5% so fa...Read More
Still, analysts remain wary of the home goods retailerThe shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) are up 4.2% at $12.78 in early trading, after the company announced a fiscal third-quarter earnings beat and stronger-than-expected full-year forecast. The company cited its heavily revamped stores and digital platform, as well as the success of its loyalty programs. However, several analysts r...Read More
Cowen and J.P. Morgan Securities cut their TWTR price targets, thoughThe shares of Twitter Inc (NYSE:TWTR) are up 3% to trade at $33.20 -- on pace for a fifth straight win -- after the social media stock received a double upgrade at BofA-Merrill Lynch. This echoes the optimism seen in the options pits, where speculators have been shown a growing appetite for bullish bets in recent weeks.Looking cl...Read More
The bullish outlook, which we laid out for silver in mid-November 2018 appears to be getting confirmed. The support level, which we suggested as a potential stop-loss level held firm. Silver unfolded the strongest rally throughout 2018 shortly after we submitted the last article with our bullish case for silver to FXStreet. Subsequently, the precious metal increased by 12% during an extremely chal...Read More
The airliner had shed 36% year-over-year coming into today The shares of American Airlines Group Inc (NASDAQ:AAL) are down 6.4% in electronic trading this morning and heading toward the bottom of the Nasdaq, after the airliner slashed its fourth-quarter unit revenue forecast to 1.5% from the previous 1.5%-3.5% estimate. This is the same metric that triggered a similar sell-off from sector peer De...Read More
Traders are waiting for more details on trade talks between the U.S. and ChinaDow Jones Industrial Average (DJI) futures are trading below fair value this morning, putting stocks' recent hot streak in danger. Wall Street is still mostly considering the same storylines that have swirled all week, namely U.S.-China trade relations and the ongoing government shutdown. On the data front, weekly jobles...Read More
Barrick Gold Corp.'s new boss intends to push ahead with plans to increase investment in the mineral-rich - but environmentally tricky - deposits straddling the Chile-Argentina border."If you want to find elephants, go to elephant country," Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company "absolutely" intends...Read More
Barrick Gold Corp.'s new boss intends to push ahead with plans to increase investment in the mineral-rich - but environmentally tricky - deposits straddling the Chile-Argentina border."If you want to find elephants, go to elephant country," Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company "absolutely" intends...Read More
Barrick Gold Corp.'s new boss intends to push ahead with plans to increase investment in the mineral-rich - but environmentally tricky - deposits straddling the Chile-Argentina border."If you want to find elephants, go to elephant country," Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company "absolutely" intends...Read More
• The USD continues to be weighed down by dovish FOMC meeting minutes. • Fading US-China trade optimism/risk-off mood provides an additional boost. • Investors now eye speeches by influential FOMC members for a fresh impetus. Gold prices edged higher on Thursday and moved back within striking distance of multi-month tops, closer...Read More
Getting in on this IPO could be the easiest way to turn a little bit of money into a lot of money very quickly.It's hard to imagine an IPO doing better than Tilray - the small pot stock that soared nearly 1,000% just weeks after going public.But one analyst may have uncovered a tiny IPO stock that's even better.In fact, the first thing this analyst strongly recommend is for investors to make the...Read More
Canada's Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.The 127 carat, top white gem diamond, is one of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in 2012. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered...Read More
Canada's Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.The 127 carat, top white gem diamond, is one of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in 2012. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered...Read More
Canada's Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.The 127 carat, top white gem diamond, is one of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in 2012. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered...Read More
MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More
MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More