Gold settled higher on Tuesday, with the dollar on track to end its stretch of eight straight wins. The yellow metal had ended Monday with a 0.5% loss as the leading dollar index traded at its highest levels since December, cutting demand for investors buying precious metals using currencies other than the U.S. unit. April gold GCJ9, -0.34% tacked on $2.10, or 0.2%, to settle at $1,314 an ounce....Read More
Molson Coors, meanwhile, is slumping toward its worst day in monthsPositive headlines out of D.C. are driving stocks higher today. Among individual names making notable moves are insurance issue Brighthouse Financial Inc (NASDAQ:BHF), beer giant Molson Coors Brewing Co (NYSE:TAP), and mortgage application software specialist Ellie Mae Inc (NYSE:ELLI). Here's a quick roundup of what's moving the sh...Read More
"CROP'S Emerald Heights San Bernardino Cannabis Business Retail Application on Final Phase -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #momentumstocks#CSE #BNN --Read the News Release here: https://t.co/uvnmn6xCcq"Read full newsRead More
Toronto-based North American Palladium (TSE: PDL) is ramping up its exploration efforts at the Lac des Iles palladium mine 90 km north of Thunder Bay, Ontario. A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.North American Palladium has identified several underground targets that may extend the life of the mine. Work will f...Read More
Toronto-based North American Palladium (TSE: PDL) is ramping up its exploration efforts at the Lac des Iles palladium mine 90 km north of Thunder Bay, Ontario. A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.North American Palladium has identified several underground targets that may extend the life of the mine. Work will f...Read More
"Mondias Completes Characterization of CELEXT07 that Confirms Its Biostimulant and Antifungal Capabilities and Expands Its Global Market Potential -- $NHP #NHP #Mondias #HealthProducts #Healthcare #Agriculture #momentumstocks--Read the News Release here: https://t.co/IZoJ6tOGM1"Read full newsRead More
"Mondias Completes Characterization of CELEXT07 that Confirms Its Biostimulant and Antifungal Capabilities and Expands Its Global Market PotentialRead the news here: https://t.co/ekcNGPKLD4 $NHP #NHP #Mondias #NaturalHealth#Agriculture #momentumstocks"Read full newsRead More
"Red Pine Intersects 4.9 g/t Gold Over 16.3 Metres (True Width), including 16.1 g/t Gold over 2.7 Metres (True Width) at its Wawa Gold Project @RedPineExpl https://t.co/qYPjQCGUI7"Read full newsRead More
Second POX line to cut outRead full newsRead More
• A modest USD profit-taking helps regain positive traction on Tuesday. • The up-move seemed rather unaffected by the prevalent risk-on mood. • A pickup in the US bond yields does little to hinder the positive move. Gold built on its steady intraday ascent and climbed to fresh session tops, around $1314 level in the last hour, r...Read More
Call activity was above the norm on MIME and VOYA on MondayScanning today's market activity, one of the biggest gainers is email solutions specialist Mimecast Ltd (NASDAQ:MIME). The shares were last seen trading up 19.7% at $51.24, already tapping a record high of $51.66, as Wall Street reacts to the firm's quarterly report, which revealed better-than-expected results and an upbeat outlook. A ton...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
A tentative bipartisan budget deal was reached earlier this morningThe Dow Jones Industrial Average (DJI) is up over 300 points at midday, enjoying a steady climb after a tentative bipartisan budget deal was reached to keep the government open beyond the Feb. 15 deadline. Meanwhile, the U.S. and China are progressing on trade talks as negotiations enter the second day in Beijing. The S&P 500 Inde...Read More
A group of international non-governmental organizations on Tuesday demanded that Brazilian miner Vale SA be excluded from the United Nations' corporate responsibility pact, after a mining dam burst that killed an estimated 300 people.A letter signed by more than 15 NGOs said that Vale failed to take proper safety measures at a tailings dam at its Corrego do Feijao iron ore mine in Minas Gerais sta...Read More
Gold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged above the critical 400-day moving av...Read More
Both the WGC and LBMA published outlooks for the global economy and gold market in 2019. Who is right?WGC's Outlook for gold in 2019Let's start from the World Gold Council (WGC) which published its 2019 outlook on January 10th. As befits the organization representing industry's interests, the WGC is bullish on gold prices. No surprises here. According to the institution, the following trends will...Read More
Livent Corp said on Tuesday it plans to export most of the lithium produced by its Chinese processing facilities in 2019 because of uncertainty over the country's electric vehicle subsidies as well as macroeconomic concerns.The action will increase Livent's sale taxes in China but give it greater access to growing markets for lithium in Japan, South Korea and elsewhere."We saw a real change in sen...Read More
South Africa's Sibanye-Stillwater said on Tuesday it was considering measures, including restructuring if alternative solutions could not be found to bring loss-making gold shafts back to profitability. Gold producers in Africa's most industrialised economy, which have some of the world's deepest mines, have seen profits squeezed by rising costs, labour unrest and declining grades.Sibanye said it...Read More
South Africa's Sibanye-Stillwater said on Tuesday it was considering measures, including restructuring if alternative solutions could not be found to bring loss-making gold shafts back to profitability. Gold producers in Africa's most industrialised economy, which have some of the world's deepest mines, have seen profits squeezed by rising costs, labour unrest and declining grades.Sibanye said it...Read More
Africa-focused Firestone Diamonds (LON:FDI) has unearthed an undamaged 70-carat white, makeable stone from its 75%-owned Liqhobong mine in Lesotho.The diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December, which sold for over $1 million at a sale early this month.Shares in the company shot up on the news and were trading 8.9% h...Read More