Recent News

Sokoman acquires 100% interest in the Newfoundland's Moosehead gold project

February 01, 2019 / www.mining.com

Sokoman Iron (TSXV: SIC) announced that it now owns a 100% interest in the Moosehead gold property, located in central Newfoundland, Canada.In a press release, Sokoman said, as required in the option agreement it signed with Altius Resources (TSX: ALS), the company invested $500,000 in exploration expenditures as an operator within the first year of the closing of the deal.Core from one of the hol...Read More

Research Exposes Shortcut to Stock Market Riches

February 01, 2019 / www.schaeffersresearch.com

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

MAX Resource identifies free gold at Colombian project

February 01, 2019 / www.mining.com

MAX Resource (TSXV: MXR) announced this week that, following sampling work at five conglomerate trial pits on its Choc?? project, free gold was observed in the test concentrates obtained from each of the hard rock pits.In a press release, MAX said that initial results suggest potential gold continuity throughout a surface area of approximately eight square kilometers, open in all directions.The Va...Read More

MAX Resource identifies free gold at Colombian project

February 01, 2019 / www.mining.com

MAX Resource (TSXV: MXR) announced this week that, following sampling work at five conglomerate trial pits on its Choc?? project, free gold was observed in the test concentrates obtained from each of the hard rock pits.In a press release, MAX said that initial results suggest potential gold continuity throughout a surface area of approximately eight square kilometers, open in all directions.The Va...Read More

MAX Resource identifies free gold at Colombian project

February 01, 2019 / www.mining.com

MAX Resource (TSXV: MXR) announced this week that, following sampling work at five conglomerate trial pits on its Choc?? project, free gold was observed in the test concentrates obtained from each of the hard rock pits.In a press release, MAX said that initial results suggest potential gold continuity throughout a surface area of approximately eight square kilometers, open in all directions.The Va...Read More

METALS-Aluminium drops on Hongqiao restarts; weak Chinese data weighs

February 01, 2019 / www.kitco.com

(Updates with closing prices)By Eric OnstadLONDON, Feb 1 (Reuters) - Aluminium prices dropped onFriday, pressured by concern over excess supply after the topproducer said it would resume some output, while some basemetals were weighed down by weak Chinese factory data.Other metals climbed, however, with zinc hitting its highestlevel in nearly seven months.China Hongqiao Group , the world's top alu...Read More

Trump May Have Handed Investors the Opportunity of a Lifetime

February 01, 2019 / www.schaeffersresearch.com

Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More

Peak Gold And The Coming Supply Crunch

February 01, 2019 / seekingalpha.com

During the lackluster and otherwise unremarkable trading of 2018, a hugely important development took place in the precious metals markets. Gold production, in the estimation of some top industry insiders, peaked.Peak gold represents the point at which the total number of ounces being pulled out of the ground by miners reaches a maximum.The concept of peak gold is controversial, to be sure.During...Read More

UPDATE 2-EU imposes curbs on steel imports after Trump tariffs

February 01, 2019 / www.kitco.com

* Quotas set at 2015-2017 average imports, plus 5 pct * Tariffs of 25 pct apply if quotas are filled * Steel group welcomes move, carmakers don't (Adds EU steel body, Swiss inclusion)By Philip BlenkinsopBRUSSELS, Feb 1 (Reuters) - The European Union will imposelimits on steel coming into the bloc from Saturday in responseto U.S. President Donald Trump's metals tariffs, a filing in theEuropean Unio...Read More

Teck Resources flags fourth-quarter profit coming below estimates

February 01, 2019 / www.mining.com

Teck Resources, (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, announced late on Thursday it expected fourth-quarter profits to be significantly below estimates, due to the low price of Canadian oil at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.The Vancouver-based mining giant said all those factors combined, plus inventory v...Read More

Teck Resources flags fourth-quarter profit coming below estimates

February 01, 2019 / www.mining.com

Teck Resources, (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, announced late on Thursday it expected fourth-quarter profits to be significantly below estimates, due to the low price of Canadian oil at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.The Vancouver-based mining giant said all those factors combined, plus inventory v...Read More

Teck Resources flags fourth-quarter profit coming below estimates

February 01, 2019 / www.mining.com

Teck Resources, (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, announced late on Thursday it expected fourth-quarter profits to be significantly below estimates, due to the low price of Canadian oil at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.The Vancouver-based mining giant said all those factors combined, plus inventory v...Read More

Global Gold Demand Grew By 4% In 2018

February 01, 2019 / seekingalpha.com

Gold demand came in at 4,345.1 tons in 2018.Central banks accumulated 651.5 tons of gold last year.ETF gold holdings grew by 68.9 tons.By SchiffGold Global gold demand grew by 4% in 2018, driven by a multi-decade high in central bank buying, according to the World Gold Council's Gold Demand Trends 2018 Report. Gold demand came in at 4,345.1 tons in 2018. That was up from 4,159.9 tons the previous...Read More

Investors may be too pessimistic about growth

February 01, 2019 / www.canadianinsider.com

In my Thursday Howe Street interview with Jim Goddard, I recap our latest US and Canadian market comments. For regular readers of those reports, the interview covered familiar territory. We also dug into the question of the marijuana legalization roll-out which covered a bit of new ground (click here to listen to the interview).The interview starts off with a challenge for listeners as we jump ri...Read More

Should Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) Weak Investment Returns Worry You?...

February 01, 2019 / twitter.com

"Should Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) Weak Investment Returns Worry You? https://t.co/FkU71SE0Rq"Read full newsRead More

$DEO - Diageo's (DEO) CEO Ivan Menezes on 2019 Interim Results, Half Year Ended 31 December 2018 - Earnings Call Tr...

February 01, 2019 / twitter.com

"$DEO - Diageo's (DEO) CEO Ivan Menezes on 2019 Interim Results, Half Year Ended 31 December 2018 - Earnings Call Transcript https://t.co/Ck4RSt235j"Read full newsRead More

Eldorado Gold: The Path To Paradise Begins In Hell

February 01, 2019 / seekingalpha.com

Eldorado Gold released on January 31, 2019, a substantial production update that changed its fair valuation profoundly and outlook of the company from 2019 to 2020.One crucial decision is undoubtedly the resolution to shelve the K????lada?? mill and resume mining instead.EGO experienced Thursday a decisive breakout of the descending wedge pattern. EGO should improve substantially in 2019.Image: D...Read More

LIVE FUTURES REPORT 31/01: LME base metals tick higher on positive trade sentiment; copper closes above $6,100

February 01, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were collectively higher day on day at the close of trading on Thursday January 31, with a softer US dollar and improved trade sentiment supporting commodity investment.Copper's three-month price continued on an upward trend throughout afternoon trading, with total volumes topping the complex and more than 18,000 lots changing hands by the close.Pric...Read More

LIVE FUTURES REPORT 31/01: Comex copper extends rally, US stocks up

February 01, 2019 / www.metalbulletin.com

Comex copper prices moved higher on Thursday morning in the United States, with an improving macroeconomic backdrop lifting the entire base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rose 2.25 cents to $2.79 per lb. "The improved macroeconomic backdrop has provided risk sentiment with a good bullish vibe, allowing the red met...Read More

Dow Has Best Month in 3 Years, S&P Has Best January Performance Since 1987 - TheStreet

February 01, 2019 / www.thestreet.com

Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed Thursday's session in the red thanks to declines in Visa Inc. (V) , DowDuPont Inc. (DWDP)  and Microsoft Corp. (MSFT) .General Electric Co. (GE) posted weaker-than-expected fourth-quarter earnings but saw sales rise solidly, lifting the stock 11.43% on Thursday.Facebook Inc. (FB)  surged 1...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok