Gold Futures printed fresh highs near $1,335.48, coming from $1,323.00 lows in London morning trade. The Fed’s shift to a dovish holding pattern at the last FOMC meeting, along with uncertainty over US-China trade talks, have both been supportive of gold prices. The break of $1,335.00 level reflects the break of 61.8% Fibonacci extension from last week’s correction lower...Read More
The firm reached a settlement with Texas over Medicaid contracts The shares of Conduent Inc (NYSE:CNDT) are soaring today, after the IT company came to a settlement agreement with Texas regarding two previous contracts supporting the state's Medicaid program. As part of the settlement, Conduent will pay the state$235.9 million over a three-year period, and CEO Ashok Vemuri said "we have sufficien...Read More
Sixteen states sue Trump over border wall emergency. Is it good or bad for the yellow metal?Trump's national emergency and goldOn Friday, President Trump declared a national emergency to obtain funds for building a wall along the U.S.-Mexico border, which was his key promise during a campaign. According to the President's proclamation :the current situation at the southern border presents a borde...Read More
Wolfden Resources, headquartered in Thunder Bay, Ont., has the results of diamond drilling at its 100% owned Orvan Brook property near Bathurst. The property is only 15 km from the active Caribou zinc-lead mine.A longitudinal section of the Orvan Brook deposit. (Image: Wolfden Resources)The company drilled 10 holes - four on the West lens and six on the East lens - for a total 0f 2,649 metres late...Read More
Wolfden Resources, headquartered in Thunder Bay, Ont., has the results of diamond drilling at its 100% owned Orvan Brook property near Bathurst. The property is only 15 km from the active Caribou zinc-lead mine.A longitudinal section of the Orvan Brook deposit. (Image: Wolfden Resources)The company drilled 10 holes - four on the West lens and six on the East lens - for a total 0f 2,649 metres late...Read More
Japan Gold (TSXV:JG) (OTC:JGLDF) (Read full newsRead More
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ontario, could increase the project's gold recovery 13.2% to 90.6% and silver recovery 11.9% to 95.1%.M3 Engineering and Technology and ALS Metallurgy completed the flotation testwork on material from Springpole. They then performed...Read More
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ontario, could increase the project's gold recovery 13.2% to 90.6% and silver recovery 11.9% to 95.1%.M3 Engineering and Technology and ALS Metallurgy completed the flotation testwork on material from Springpole. They then performed...Read More
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ontario, could increase the project's gold recovery 13.2% to 90.6% and silver recovery 11.9% to 95.1%.M3 Engineering and Technology and ALS Metallurgy completed the flotation testwork on material from Springpole. They then performed...Read More
"Final Court Approval Received for Acquisition of Beadell by Great Panther Silver @Gr8_Panther https://t.co/VgrO631Xyn"Read full newsRead More
Toronto-based Nighthawk Gold Corp. continues to explore its Indin Lake gold property. Work done in 2018 included 2,153 grab and channel samples that led to the discovery of new high grade gold showings.Gold showings and targets at the Indin Lake gold property. (Image: Nighthawk Gold)The company also drilled the first ever holes at the Swamp target. This is a newly defined and laterally extensive g...Read More
Toronto-based Nighthawk Gold Corp. continues to explore its Indin Lake gold property. Work done in 2018 included 2,153 grab and channel samples that led to the discovery of new high grade gold showings.Gold showings and targets at the Indin Lake gold property. (Image: Nighthawk Gold)The company also drilled the first ever holes at the Swamp target. This is a newly defined and laterally extensive g...Read More
Toronto-based Nighthawk Gold Corp. continues to explore its Indin Lake gold property. Work done in 2018 included 2,153 grab and channel samples that led to the discovery of new high grade gold showings.Gold showings and targets at the Indin Lake gold property. (Image: Nighthawk Gold)The company also drilled the first ever holes at the Swamp target. This is a newly defined and laterally extensive g...Read More
OceanaGold Corp's. (TSX: OGC; ASX: OGC) stock was up 5.4% on Tuesday after reporting annual revenue in 2018 of $773 million and net profit before unrealised gains or losses on undesignated hedges of $124 million.Earnings before interest, tax, depreciation and amortization (EBIDTA) came in at $364 million.The company generated about $121 million in free cash flow, $346 million in operating cash f...Read More
OceanaGold Corp's. (TSX: OGC; ASX: OGC) stock was up 5.4% on Tuesday after reporting annual revenue in 2018 of $773 million and net profit before unrealised gains or losses on undesignated hedges of $124 million.Earnings before interest, tax, depreciation and amortization (EBIDTA) came in at $364 million.The company generated about $121 million in free cash flow, $346 million in operating cash f...Read More
SCCO is heading toward its fourth straight winThe shares of Southern Copper Corp (NYSE:SCCO) are in focus today, after Citi threw down a big double-upgrade to "buy" from "sell," while upping its price target on the copper name to $41 from $33. The analyst in coverage called Southern Copper its "top pick" in the mining sector, and was overall bullish on copper in general. What's more, Goldman Sac...Read More
UNIT options volume reached a new annual high earlierUniti Group Inc (NASDAQ:UNIT) is the worst stock on the Nasdaq this afternoon, as analysts slam the real estate investment trust (REIT) after a court ruling. Specifically, UNIT stock is down 40.4% at $11.90 -- and earlier touched a new record low of $10.71 -- following what the firm said is an "unfavorable court ruling" against Windstream (WIN...Read More
"Gabriella's Kitchen (@gabriellaskitch) (#CSE: $GABY) Forms JV with Eximius Coffee to Introduce #Cannabis and #CBD-Infused Ready to Drink Cold Brew Coffee and Pods [https://t.co/RgpzrXa1sv]#investing #stocks #stockmarket #trading #investors #news #business #investments"Read full newsRead More
Gold futures rallied by nearly 2% on Tuesday to log their highest finish since April, as the stock market assumed a defensive stance on the back of the latest round of talks in the U.S.-China trade spat. Financial markets await the latest trade developments, as discussions resumed Tuesday in Washington. A 90-day tariff truce between the parties is set to end at the start of March. President Trump...Read More
Gold futures rallied by nearly 2% on Tuesday to log their highest finish since April, as the stock market assumed a defensive stance on the back of the latest round of talks in the U.S.-China trade spat. Financial markets await the latest trade developments, as discussions resumed Tuesday in Washington. A 90-day tariff truce between the parties is set to end at the start of March. President Trump...Read More