Boeing stock tends to outperform after government shutdowns, tooThe shares of Boeing Co (NYSE:BA) are up 1% in electronic trading, ahead of a critical week of trade talks between the U.S. and China. Also fueling the fire is a bull note from J.P. Morgan Securities, which upped its price target on the aerospace giant to $450 from $425, an 11% premium to Friday's closing perch of $404.91 and standin...Read More
There's still a chance analysts could raise their price targets on TWLO sharesCloud communications specialist Twilio Inc (NYSE:TWLO) has seen its stock outperform over the past year in a big way, rising from around $25 this time last year to Friday's close of $114.78, holding just below the Feb. 5 record high of $116.54. The company is preparing to report earnings after the close tomorrow, Feb. 12...Read More
South Africa's AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world's third-largest producer of the metal, has completed the first week of underground development blasting at its Obuasi mine, in Ghana, as part of a redevelopment project that aims at having the operation pour first gold by the end of the year.The first blast, on February 1, advanced development by around 4.2 metres on the 2,700 level,...Read More
South Africa's AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world's third-largest producer of the metal, has completed the first week of underground development blasting at its Obuasi mine, in Ghana, as part of a redevelopment project that aims at having the operation pour first gold by the end of the year.The first blast, on February 1, advanced development by around 4.2 metres on the 2,700 level,...Read More
We finally saw positive North American inflows into equities last weekBears jumped on last Thursday's news that a trade deal with China was doubtful before the March 1 deadline -- with the White House later confirming that it would be highly unlikely that President Donald Trump and President Xi Jinping could meet to hammer out the final details before the deadline. The news happened to coincide wi...Read More
How you can transform lagging indicators into leading indicators.Despite the strong January kick-start to 2019, many investors are still apprehensive of what's to come, especially considering some of the latest market-moving events -- think Fed policy announcements, U.S.-China trade negotiations, and earnings season, to start.While it's certainly no crystal ball, becoming familiar with the various...Read More
Italy's populists opened a new front in their clash with the country's central bank, calling on lawmakers to pass legislation stating that its gold holdings worth almost $103 billion belong to the state.The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government. It's also sparke...Read More
Italy's populists opened a new front in their clash with the country's central bank, calling on lawmakers to pass legislation stating that its gold holdings worth almost $103 billion belong to the state.The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government. It's also sparke...Read More
• The USD climbs to 6-week tops and exerts some fresh downward pressure. • Risk-off mood/resurfacing US-China trade tensions might help limit losses. Gold met with some fresh supply at the start of a new week and is currently placed at the lower end of its daily trading range, just above $1310 level. The precious metal struggled to build on last week&...Read More
Vancouver-based Kenadyr Mining (TSX-V: KEN) announced today that it has entered into a non-binding letter of intent in connection with a proposed option and joint venture agreement with Gold Mountains Asset Management in respect of the Borubai gold project, located in the Kyrgyz Republic in Central Asia.In a press release, the miner explained that the plan is to grant Gold Mountains an exclusive o...Read More
Vancouver-based Kenadyr Mining (TSX-V: KEN) announced today that it has entered into a non-binding letter of intent in connection with a proposed option and joint venture agreement with Gold Mountains Asset Management in respect of the Borubai gold project, located in the Kyrgyz Republic in Central Asia.In a press release, the miner explained that the plan is to grant Gold Mountains an exclusive o...Read More
Vancouver-based Kenadyr Mining (TSX-V: KEN) announced today that it has entered into a non-binding letter of intent in connection with a proposed option and joint venture agreement with Gold Mountains Asset Management in respect of the Borubai gold project, located in the Kyrgyz Republic in Central Asia.In a press release, the miner explained that the plan is to grant Gold Mountains an exclusive o...Read More
Northern Graphite (TSXV: NGC) announced that it is considering increasing annual concentrate production by at least 20 per cent at its Bissett Creek graphite project between Ottawa and North Bay, eastern Canada. This would mean integrating an initial production rate of approximately 25,000 tonnes per year into its development plans.Following an analysis performed by G Mining Services, Northern Gra...Read More
FinCanna Closes Upsized Second Tranche of $2.4 Million to Complete FinancingNot for distribution to United States newswire services or for dissemination in the United States.Vancouver, British Columbia, February 11, 2019 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI) a royalty company for the U.S. licensed medical cannabis industry is pleased to announce that further to its news release of Jan...Read More
Will Rhind has seen the top of the gold market, and the bottom. Now, the leader of the fastest-growing bullion-backed ETF in the past year is redefining it by forcing down the fees paid by investors.Rhind, 39, joined the World Gold Council, the company behind SPDR Gold Shares, in 2007, just as exchange-traded funds were starting to gain investor attention. He watched assets hit an all-time high in...Read More
Peru's environmental agency OEFA is investigating what looks like a tailings spill from Southern Copper's Cuajone mine into a river as the area where the operation is located has been inundated by heavy rains in the past four days.The authority detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the operation, located in the Moquegua region approximat...Read More
Peru's environmental agency OEFA is investigating what looks like a tailings spill from Southern Copper's Cuajone mine into a river as the area where the operation is located has been inundated by heavy rains in the past four days.The authority detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the operation, located in the Moquegua region approximat...Read More
Peru's environmental agency OEFA is investigating what looks like a tailings spill from Southern Copper's Cuajone mine into a river as the area where the operation is located has been inundated by heavy rains in the past four days.The authority detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the operation, located in the Moquegua region approximat...Read More
Gold convincingly crossed the falling channel hurdle on Friday, signaling an end of the corrective pullback from recent highs above $1,325. So far, however, the bull breakout has not emboldened the bulls. 4-hour chart The falling channel breakout seen in the above chart represents a bearish-to-bullish trend change. Put simply, the doors have been opened for a test of the recent high of...Read More
* FTSE 100 up 0.8 pct * FTSE 250 up 1 pct * BATS, Imperial Brands gain * Smith & Nephew slumps after M&A chatter * Mid-cap Metro Bank jumps on rating upgrade (Changes quote, updates to closing prices)By Muvija M and Shashwat AwasthiFeb 11 (Reuters) - British blue-chip names bounced back onMonday buoyed by strength in bank and consumer shares, while astronger dollar lifted companies with gr...Read More