(Kitco News) - Gold and silver prices are weaker in early-afternoon U.S. trading Wednesday. The metals and other markets showed little reaction to the just-released FOCM statement that showed no change in U.S. monetary policy. December gold futures were last down $4.30 an ounce at $1,229.40. September Comex silver was last down $0.089 at $15.47 an ounce.The FOMC meeting of the Federal Reserve that...Read More
IDM Mining (TSXV:IDM, OTCQB:IDMMF) announces that the NI 43-101 Technical Report titledRead full newsRead More
(Kitco News)- The gold market is holding near session lows but is notseeing fresh selling pressure as the Federal Reserve leaves interest rates unchanged while keeping an optimistic tone on the U.S. economy and future interest rate hikes.In a highly anticipated move, the Federal Reserve left itsFed Funds rate in a range between 1.75% and 2%. On the economy, the centralbank said that activity &ldqu...Read More
(Kitco News) - The gold market is holding near session lows but is not seeing fresh selling pressure as the Federal Reserve leaves interest rates unchanged while keeping an optimistic tone on the U.S. economy and future interest rate hikes.In a highly anticipated move, the Federal Reserve left its Fed Funds rate in a range between 1.75% and 2%. On the economy, the central bank said that activity &...Read More
NEW YORK (Reuters) - The U.S. economy is growing at a 5.0 percent annualized rate in the third quarter following the latest data on construction spending and manufacturing activity, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday.That was faster than the 4.7 percent pace calculated by the regional Fed's forecast program on Tuesday.The Atlanta Fed's program increased its pro...Read More
(Reuters) - The benchmark S&P 500 index dipped on Wednesday, ahead of the Federal Reserve’s decision on interest rates, but Apple’s robust earnings lifted the technology sector and the Nasdaq.The U.S. central bank is expected to keep interest rates unchanged in an announcement at 2 p.m. ET. But solid economic growth combined with rising inflation are likely to keep the Fed on track...Read More
Today Lead Call – Buy Lead at CMP 146.10 Add more if price 145.50 for Target 147 – 147.90 with SL below price 144.80 Read More
TODAY LME INVENTORY STOCK REPORT : 01/08/2018Daily LME stock is as follows : Aluminium down by -1150MT, Copper down by -2475MT, Lead down by -100MT, Nickel down by -1782MT & Zinc down by -2000MT. Read More
LONDON/JOHANNESBURG (Reuters) - Impala Platinum (IMPJ.J) plans to cut jobs and close some of its shafts in South Africa as part of a restructuring process to make its struggling mines profitable, two sources familiar with the matter told Reuters on Wednesday.One source said up to 1,500 jobs could be affected at Impala, the world’s second largest platinum miner.The announcement is expected on...Read More
NEW YORK (Reuters) - Tesla Inc - the most heavily shorted U.S. company - is set to report quarterly results on Wednesday, and short-sellers could be dealt a nearly $850 million loss or gain, depending on the direction of the post-earnings stock move.Short-sellers aim to profit by selling borrowed shares with the hope of buying them back later at a lower price. The electric carmaker, which is rapid...Read More
Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations. Miners are left with a fairly limited decision to replenish their declining resource bases by either discovering or buying greenfield1 project...Read More
"Great Bear Drills 16.80 m of 5.60 g/t Gold Including 2.70 m of 14.92 g/t Gold at Dixie Project, Red Lake District @GreatBearGBR https://t.co/DFiw2pldxr"Read full newsRead More
Faced with a growing $22 trillion debt, the Treasury Department says it will be increasing the size of its bond auctions in the coming months.In addition, the department is adding a new two-month note to the collection of securities it uses to finance the national debt.Jeff Cox| @JeffCoxCNBCcom Published 11 Hours AgoUpdated10 Hours AgoCNBC.com Tom Williams | CQ Roll Call | Getty ImagesTreasury...Read More
Nickel Call – Buy Nickel at CMP 951.80 with SL below price 944 for Target 960 – 965 Read More
Are you ready for a potential economic reset?No matter what the news says, when this bubble pops, we're going to witness the worst market crash in history. But if you know this massive reset is coming, and prepare accordingly, it could be the greatest wealth opportunity of your life.You could have the once-in-a-lifetime opportunity to build wealth that lasts not just years... but generations!Once...Read More
• Surging US bond yields triggers the latest leg of a downtick. • Subdued USD price action helps limit deeper losses, for now. • Technically seems poised to extend the bearish trajectory. Gold traded with a negative bias through the early North-American session and is currently placed at the lower end of its daily trading range....Read More
"#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business Inner Spirit Holdings (@SpiritleafCA) (CSE: $ISH) Closes IPO, Newstrike Transaction and Auxly Private Placements; and Commencement of Trading on the CSE [https://t.co/hpNQczMI4F]"Read full newsRead More
VVC Exploration Corp (TSXV:VVC) announces a new CA$1.5 million non-brokered equity private placement financing (the "Financing").Read full newsRead More
WASHINGTON (Reuters) - U.S. manufacturing activity slowed in July amid signs that a robust economy and import tariffs were putting pressure on the supply chain, which could hurt production in the long term.Other data on Wednesday showed private employers stepped up hiring in July, suggesting strength in the labor market and the overall economy at the start of the third quarter.“The rest of t...Read More
TRAVERSE CITY, Mich. (Reuters) - The United States and Mexico “are getting close” to a deal on the key issue of autos content rules at talks to renew the NAFTA trade pact, a senior Mexican official said on Wednesday.Guillermo Malpica, head of the trade and NAFTA office for the Mexican government, also told reporters that the United States had started showing more flexibility last week...Read More