China lowered its 2019 growth forecastDow Jones Industrial Average (DJI) futures are trading just above fair value this morning, as investors await fresh developments on the U.S.-China trade front. Over in China, though, the government cut its 2019 growth target to its lowest level in 30 years. Traders are also digesting a batch of retail earnings, with Target (TGT) emerging as a big winner thanks...Read More
Ontario's Government for the people is delivering on its commitment to create more opportunities for Indigenous people and address the skilled labour shortage across the North by making the Northern Ontario Internship Program more accessible.Today, Greg Rickford, Minister of Energy, Northern Development and Mines and Minister of Indigenous Affairs, announced the government is launching a new North...Read More
Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More
Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More
Gold spot ($) Key resistance at 1292.50. Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1292.50 Our preference Short positions below 1292.50 with targets at 1282.50 & 1276.50 in extension. Alternative scenarioAbove 1292.50 look for further upside with 1297.00 & 1304.00 as targets. Comment The RSI is mixed and calls f...Read More
Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
We have a clear weekly swing high.We also have a failed daily cycle.We are heading into week 29 this week in gold's intermediate cycle.Considering the length of the cycle (and the length of the previous one), the odds are high that an intermediate decline has begun.In the precious metal sector, we remain long the SPDR Gold Trust ETF (GLD) and hope to add to our metals exposure at the next inte...Read More
Millennial Lithium (TSXV: ML) announced that its Pastos Grandes Salar lithium brine project in Argentina is now home to a solar-powered permanent project center, which includes a 60-100 person camp with dorms and other facilities, an on-site laboratory, and a process pilot plant under construction.In a media statement, the Vancouver-based miner highlighted that a state-of-the-art hybrid solar powe...Read More
Canada's Columbus Gold (CGT: TSX) announced this week that its President & COO, Rock Lefran??ois, was promoted to President & CEO.Lefran??ois was the company's Chief Operating Officer for six years and in 2018 assumed the role of President. His focus has been on increasing Columbus' presence in French Guiana with the idea of tapping into the resources of an underexplored segment of the Gui...Read More
* Cash copper premium to three-month contract at four-yearhigh * Chinese copper import premiums falling * Nickel prices rise to highest since August (Updates with closing prices)By Peter HobsonLONDON, March 5 (Reuters) - Copper prices rose on Tuesdayafter top consumer China unveiled economic stimulus measuresincluding tax cuts for manufacturing industry, bolstering thedemand outlook.U.S. Secretary...Read More
* Labour's McDonnell says few MPs to back May - analysts * May's top lawyer is in Brussels, no breakthrough seen * Britain's services recover slightly in Feb - PMI * Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (Adds details, new chart, updates with latest prices)By Tommy Wilkes and Sujata RaoLONDON, March 5 (Reuters) - Sterling fell on Tuesday afterthe oppos...Read More
Reported progress on the trade talks was generally not helpful for most commodities last week, with the agricultural sector surprisingly under increased pressure. Supply cuts continue to support oil prices, while safe havens under-performed. Precious metals GOLD slid to the lowest since January 25 yesterday amid heightened speculation that the US and China were edging ever closer to a trade...Read More
Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More
We have published the latest edition of Canadian Insider Insights. This week, we draw on our Market INK report commentary to explain why we see gold shining the brightest among mining stocks.Gold insiders are behaving like a bull market is onClick here to read the issue for the week of March 4th (registration is not required). Read More
Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold prices slipped on Tuesday to their lowest in more than five weeks as the dollar rose on stronger than expected economic data and rising U.S. Treasury yields, while global equities held near five-month highs.Spot gold was unchanged at $1,286.50 per ounce at 1:56 p.m. EST. U.S. gold futures settled $2.80 lower at $1,284.70 per ounce....Read More
On the TSX last week, North American Palladium, Xanadu Mines, Copper Mountain Mining, eCobalt Solutions and Excelsior Mining all made the cut.Read full newsRead More
"$STX - Seagate Technology PLC (STX) CEO Dave Mosley Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript) https://t.co/QGMMw4s1iS"Read full newsRead More
Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More
Commodities Analysis by David I. Kranzler covering: XAU/USD, US Dollar Index Futures, Gold Futures. Read David I. Kranzler's latest article on Investing.comRead full newsRead More