Recent News

RNC Minerals recovers a 43-kg specimen stone containing an estimated 1,100 ounces of gold

September 18, 2018 / dlvr.it

Canadian miner RNC Minerals recovered a 43-kg specimen stone containing an estim...Read full newsRead More

Time to Bet on a Kroger Stock Bounce

September 18, 2018 / www.schaeffersresearch.com

Kroger stock dropped last week following a dismal quarterly reportLast week, Kroger Co (NYSE:KR) gapped lower following a second-quarter same-store sales miss. However, this drastic pullback could present a buying opportunity, if history is any guide.Specifically, Kroger stock is now within one standard deviation of its 200-day moving average. Over the past three years, there have been two other...Read More

Botswana trims growth prospects, sees wider budget deficits

September 18, 2018 / www.mining.com

GABORONE, Sept 18 (Reuters) - Botswana's economy is expected to expand by 4.5 percent this year, down from an estimate in February of 5.3 percent, the finance ministry said on Tuesday at a 2019 budget conference.A senior official in the diamond-producing southern African nation's economy said the government expects an optimistic medium-term outlook, with growth forecasts expected to rise moder...Read More

Botswana trims growth prospects, sees wider budget deficits

September 18, 2018 / www.mining.com

GABORONE, Sept 18 (Reuters) - Botswana's economy is expected to expand by 4.5 percent this year, down from an estimate in February of 5.3 percent, the finance ministry said on Tuesday at a 2019 budget conference.A senior official in the diamond-producing southern African nation's economy said the government expects an optimistic medium-term outlook, with growth forecasts expected to rise moder...Read More

Sibanye -Stillwater, Lonmin still committed to merger after competition watchdog decision

September 18, 2018 / www.mining.com

LONDON, Sept 18 (Reuters) - Precious metals producer Sibanye-Stillwater said on Tuesday it remained fully committed to a takeover of platinum miner Lonmin after South Africa's competition watchdog imposed conditions on the deal. Given the positive recommendation by the commission it mostly looks like a done deal.On Monday, the competition watchdog gave the green light to the all-share tr...Read More

Sibanye -Stillwater, Lonmin still committed to merger after competition watchdog decision

September 18, 2018 / www.mining.com

LONDON, Sept 18 (Reuters) - Precious metals producer Sibanye-Stillwater said on Tuesday it remained fully committed to a takeover of platinum miner Lonmin after South Africa's competition watchdog imposed conditions on the deal. Given the positive recommendation by the commission it mostly looks like a done deal.On Monday, the competition watchdog gave the green light to the all-share tr...Read More

Klondike Gold drills 38.4 m of 1.08 g/t Au at Klondike

September 18, 2018 / www.stockwatch.com

Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.08 G/T AU OVER 38.4 METERS AND 0.69 G/T AU OVER 79.45 METERS Klondike Gold Corp. has released assays from another six drill holes at the Lone Star zone, part of a systematic evaluation designed to map the geometry of mineralization across the central one-kilometre portion of the zone, at the company's wholly owned Klondike District pro...Read More

Klondike Gold drills 38.4 m of 1.08 g/t Au at Klondike

September 18, 2018 / www.stockwatch.com

Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.08 G/T AU OVER 38.4 METERS AND 0.69 G/T AU OVER 79.45 METERS Klondike Gold Corp. has released assays from another six drill holes at the Lone Star zone, part of a systematic evaluation designed to map the geometry of mineralization across the central one-kilometre portion of the zone, at the company's wholly owned Klondike District pro...Read More

Steer Clear of This FAANG Stock in the Short Term

September 18, 2018 / www.schaeffersresearch.com

The security tends to suffer after run-ups to its 80-day moving averageThe shares of Netflix, Inc. (NASDAQ:NFLX) fell on Monday, dropping with fellow FAANG stocks. While NFLX stock is attempting to recoup some of those losses today, it could be time to speculate on more short-term downside for the streaming entertainment giant, if recent history is any indicator.Netflix stock was last seen 2.4% hi...Read More

Analysts: Buy the FAANG-Induced Dip on This Stock

September 18, 2018 / www.schaeffersresearch.com

Needham is targeting 43% upside for NTNX stockThe shares of Nutanix Inc (NASDAQ:NTNX) plunged 11.6% yesterday on reports Alphabet's (GOOGL) Google Cloud services could soon be available to private data centers. However, NTNX stock is trading up 7.1% today at $49.71, after a pair of analysts called the reaction overdone and suggested the sell-off created an attractive entry point on the tech shares...Read More

China to penalize $60 billion of U.S. imports but reduce amount of tariffs it collects

September 18, 2018 / www.kitco.com

BEIJING (Reuters) - China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world’s two largest economies.On...Read More

Investors raise cash buffers as gloom gathers over global economy: BAML survey

September 18, 2018 / www.kitco.com

LONDON (Reuters) - Investors cut equity exposure this month as they grew more wary that economic growth may slow, but kept a long-standing preference for mega-cap tech stocks, Bank of America Merrill Lynch’s monthly survey indicated on Tuesday.BAML’s September survey found investors’ outlook on economic growth had worsened significantly, driving them to increase cash holdings.A n...Read More

China sets tariff on U.S. LNG just as exports ramp up

September 18, 2018 / www.kitco.com

(Reuters) - China has set a 10 percent tariff on imports of U.S. liquefied natural gas just as trade of the super-chilled fuel between the two nations started to ramp up and exports from new terminals on the U.S. Gulf Coast are poised to begin.Beijing announced on Tuesday it would tax thousands of U.S. products worth $60 billion in retaliation for tariffs imposed by U.S. President Donald Trump as...Read More

Why Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) ROE Of 3.3% Does Not Tell The Whole Story...

September 18, 2018 / twitter.com

"Why Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) ROE Of 3.3% Does Not Tell The Whole Story https://t.co/8x7wd8chXz"Read full newsRead More

RT @keith__johnston: VW Announces Plans to Get 27 Electric Vehicle Models Into Production by 2022

September 18, 2018 / fortune.com

Volkswagen has announced a major push to manufacture millions of reasonably-priced, all-electric cars.Read full newsRead More

EU lays out WTO reform ideas to keep U.S. on board

September 18, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Commission published its ideas on Tuesday for reforming the World Trade Organization to counter market distortions, such as in China, and to discourage the United States from pulling out of the body.A day after U.S. President Donald Trump escalated his trade war with China by imposing tariffs on $200 billion of Chinese imports, the European Union announced how it...Read More

Putin sees chance circumstances behind downing of Russian plane in Syria

September 18, 2018 / www.kitco.com

MOSCOW/JERUSALEM (Reuters) - President Vladimir Putin said on Tuesday that the shooting down of a Russian military plane near Syria’s seacoast was the result of a chain of tragic and chance circumstances.Russia’s Defence Ministry said earlier that the aircraft was shot down by Syrian anti-aircraft systems, but accused Israel of indirectly causing the incident, saying Israeli jets opera...Read More

$BHP wants a hefty tax cut in Australia even while it fights the ATO over transfer pricing practices |

September 18, 2018 / bit.ly

Major dangles more investment if the government cuts corporate taxesRead full newsRead More

Tahoe Resources' Guatemalan unit announces new round of layoffs

September 18, 2018 / www.mining.com

GUATEMALA CITY, Sept 17 (Reuters) - The Guatemalan unit of U.S. miner Tahoe Resources Inc laid off an additional 169 workers on Monday, two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.The layoffs at Minera San Rafael, Tahoe's local unit, now total 872 employees since the company's property was forced to halt o...Read More

Tahoe Resources' Guatemalan unit announces new round of layoffs

September 18, 2018 / www.mining.com

GUATEMALA CITY, Sept 17 (Reuters) - The Guatemalan unit of U.S. miner Tahoe Resources Inc laid off an additional 169 workers on Monday, two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.The layoffs at Minera San Rafael, Tahoe's local unit, now total 872 employees since the company's property was forced to halt o...Read More

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