Boart Longyear has announced the launch of its newest top hammer tooling, the DriftMaster series of rods and bits, now available. DriftMaster rods and bits are designed with a unique thread profile for added endurance and strength in the most demanding tunneling, bolting, and drifting applications."Global field testing of DriftMaster products lead to an extended trial duration, extensive sample si...Read More
Boart Longyear has announced the launch of its newest top hammer tooling, the DriftMaster series of rods and bits, now available. DriftMaster rods and bits are designed with a unique thread profile for added endurance and strength in the most demanding tunneling, bolting, and drifting applications."Global field testing of DriftMaster products lead to an extended trial duration, extensive sample si...Read More
"Next Green Wave Acquires Extensive Catalogue of Cannabis Genetics -- @NextGreenWave #Cannabinoid #momentumstocks #NextGreenWave #Cannabis #California #MedicalMarijuana #CSE #BNN #Potstocks #hemp #CBD #smallcap #cannabis #THC --Read the News Release here: https://t.co/kTHisRSN4f"Read full newsRead More
"Next Green Wave (@NextGreenWave) (#CSE: $NGW | #OTCQB: $NXGWF) Acquires Extensive Catalogue of #Cannabis Genetics [https://t.co/pXB9YHsxfI]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #cannabis #investments #cannabisdaily #marijuananews"Read full newsRead More
"Granada Gold Mine Inc. (@granadagold) (#TSXV: $GGM) Drills 8.39 g/t #Gold Over 6 Meters at Granada Project Below Pit-Constrained Resources [https://t.co/BU4zhjgExs]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources"Read full newsRead More
"Great Panther Silver Reports Fourth Quarter and Annual 2018 Production Results and Provides Corporate Update @Gr8_Panther https://t.co/Ilu7j2iP52"Read full newsRead More
PCG stock hit a 15-year low earlierIt's been a rough week for PG&E Corporation (NYSE:PCG). The shares plunged 22.3% yesterday as bankruptcy buzz swirled around the California utility name. Today, the stock is down 11.1% at $16.83, fresh off a 15-year low of $15.78, after S&P Global cut PCG's credit rating to "junk" status and warned additional downgrades could come down the pike if "management doe...Read More
December payrolls were strong – but gold prices rose. What happened? Job Creation Surprises Positively U.S. nonfarm payrolls accelerated in December, beating expectations. The economy added 312,000 jobs last month, following a rise of 176,000 in November (after an upward revision) and significantly above 182,000 forecasted by the economists. The number was the biggest increase since F...Read More
The lights are out in D.C. for an 18th straight dayThe partial U.S. government shutdown has been in effect for 18 days, as lawmakers fail to compromise on a budget. In fact, President Donald Trump is expected to address the nation at 9 p.m. ET tonight, to make a case for funding the controversial border wall. We are just days away from surpassing the longest-ever government shutdown, which happene...Read More
Tanzania named a new mining minister on Tuesday amid a prolonged spat between the government and gold producer Acacia over a $190 billion tax bill, which has severely limited the London-listed company's operations in the East African nation.Dotto Biteko, whose appointment was announced by presidential official John Kijazi on state television, is the third mining minister President John Magufuli ha...Read More
Tanzania named a new mining minister on Tuesday amid a prolonged spat between the government and gold producer Acacia over a $190 billion tax bill, which has severely limited the London-listed company's operations in the East African nation.Dotto Biteko, whose appointment was announced by presidential official John Kijazi on state television, is the third mining minister President John Magufuli ha...Read More
"White Gold Corp. Makes New Discovery on Betty Property Along the Extension of the Coffee Creek Fault @WhiteGoldCorp https://t.co/thN4JWJEY1"Read full newsRead More
A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labour case to seize part of the local assets of Japan's Nippon Steel & Sumitomo Metal Corp, Yonhap News Agency said, citing a court official.On Dec. 31, the plaintiffs applied to the Daegu District Court for the seizure of 81,075 shares held by Nippon Steel in PNR, its Korea-based joint venture with steelmaker PO...Read More
The retailer will unveil its quarterly results after tomorrow's closeHome goods retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY) is slated to report fiscal third-quarter earnings after the market closes tomorrow, Jan. 9. It's been a relatively quiet stretch for BBBY stock, per its 60-day historical volatility of 48.6% -- in the tame 36th annual percentile. However, the options market is expecting a b...Read More
Base metals started the new year where they left off the old one, by falling again.The London Metal Exchange index (LMEX) slumped to a one-and-a-half year low of 2730.1 on Jan. 3.The trigger was Apple Inc's revenue warning, not the type of news event that normally roils prices of old-economy metals such as copper, lead and zinc.But the reaction was highly instructive of what to expect in the month...Read More
Gold shines in this friendly macro environment.While ETF investment demand for gold was stable in 2018, speculative demand dropped sharply.Monetary demand for gold should rise strongly in Q1 2019 due to gold's insurance qualities.Trading momentum is positive for gold, signaling a continuation of the rally in near term.Consider GLDM to play the appreciation in gold prices. Expect, Maryna Suprun (Sa...Read More
CLVS stock rallied more than 18% yesterday Yesterday, Clovis Oncology Inc (NASDAQ:CLVS) surged more than 18%, after better-than-expected sales numbers for its cancer drug Rubraca, as well as a bull note from Leerink. However, the good times for CLVS may soon come to an end, if history is any guide.Specifically, the security is trading within one standard deviation of its 80-day moving average. In...Read More
Gold imports by India tumbled by a fifth last year as high domestic prices deterred buyers in the second-biggest consuming nation and local stores remained well-stocked, highlighting a headwind to global demand even as bullion in dollars gains on renewed haven buying.Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year, according to a person familiar with t...Read More
Palladium's premium to platinum jumped to a record, building on its ranking as the best-performing metal of 2018.Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high, widening the price difference with rival platinum to more than $500 an ounce on Tuesday. Most analysts don't see supply relief for palladium anytime soon. Platinum is n...Read More
The Nasdaq briefly turned negativeThe Dow Jones Industrial Average (DJI) was up more than 300 points at its morning peak, but has since pared its gains to trade about 100 points higher. Stocks started out strong, with traders hopeful about the ongoing trade talks between the U.S. and China, but have lost steam as bank stocks like JPMorgan Chase (JPM) and Wells Fargo (WFC) drop on negative analyst...Read More