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Anil Agarwal given more time to make firm offer for Vedanta Resources

July 30, 2018 / www.mining.com

Billionaire Anil Agarwal has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion), the London-listed miner said on Monday.Agarwal's vehicle Volcan Investments had faced a deadline of 1700 London time (1600 GMT) to declare its intentions towards Vedanta but British regulator the Takeover Panel ha...Read More

Gold Prices Ignore 0.9% Rise In U.S. Pending Home Sales

July 30, 2018 / www.kitco.com

(Kitco News)- Goldprices are relatively unchanged on the day, seeing little movement despite somemomentum in the housing sector as more consumers commit to buying homes inJune, according to the latest data from the National Association ofRealtors (NAR).Monday,the association said that its pending home sales index rose0.9% in Juneto a reading of 106.9, compared to May's drop of 0.5%. The numbe...Read More

Gold Prices Ignore 0.9% Rise In U.S. Pending Home Sales

July 30, 2018 / www.kitco.com

(Kitco News) - Gold prices are relatively unchanged on the day, seeing little movement despite some momentum in the housing sector as more consumers commit to buying homes in June, according to the latest data from the National Association of Realtors (NAR).Monday, the association said that its pending home sales index rose 0.9% in June to a reading of 106.9, compared to May's drop of 0.5%. T...Read More

Randgold to revise full-year forecast as readies Tongon mine for restart

July 30, 2018 / www.mining.com

Randgold Resources' (LON:RSS) said Monday it was seeking to restart mining and processing operations at its Tongon gold mine in the Ivory Coast, where production was halted two weeks ago due to a strike.The Africa-focused gold producer said it has engaged in talks with the interested parties, based on a recently reached agreement with workers leaders, union representatives, local authorities an...Read More

Randgold to revise full-year forecast as readies Tongon mine for restart

July 30, 2018 / www.mining.com

Randgold Resources' (LON:RSS) said Monday it was seeking to restart mining and processing operations at its Tongon gold mine in the Ivory Coast, where production was halted two weeks ago due to a strike.The Africa-focused gold producer said it has engaged in talks with the interested parties, based on a recently reached agreement with workers leaders, union representatives, local authorities an...Read More

Randgold to revise full-year forecast as readies Tongon mine for restart

July 30, 2018 / www.mining.com

Randgold Resources' (LON:RSS) said Monday it was seeking to restart mining and processing operations at its Tongon gold mine in the Ivory Coast, where production was halted two weeks ago due to a strike.The Africa-focused gold producer said it has engaged in talks with the interested parties, based on a recently reached agreement with workers leaders, union representatives, local authorities an...Read More

PRECIOUS-Gold steady ahead of U.S. monetary policy meeting

July 30, 2018 / www.kitco.com

* Gold's correlation with dollar intact * Market looking for clues to timing of U.S. rate rises (Updates prices)By Pratima DesaiLONDON, July 30 (Reuters) - Gold steadied on Monday ahead ofa meeting of the U.S. Federal Reserve this week which couldyield clues to the future direction of U.S. interest rates andthe dollar, key factors for precious metal prices.Spot gold was a touch firmer at $1,223.21...Read More

American Express Stock Pulls Back After Wall Street Journal Report

July 30, 2018 / www.schaeffersresearch.com

AXP options are attractively priced at the momentAmerican Express Company (NYSE:AXP) stock is trading down 2.3% at $101.46 this morning, after the Wall Street Journal reported the financial concern's foreign exchange department (subscription required) has been secretly raising its clients' currency conversion rates. The practice, which was an attempt to boost revenue and employee commission, has...Read More

Independent Research Sets a Major Amazon Price Target

July 30, 2018 / www.schaeffersresearch.com

The bull note follows last Thursday's second-quarter earnings beatShares of Amazon.com, Inc. (NASDAQ:AMZN) are up 0.5% at $1,826.24, after the FAANG stock received a price-target hike to $2,150 from $2,050 at Independent Research. The brokerage firm also reiterated its "buy" rating on the security,just days after Amazon reported a second-quarter earnings beat -- and briefly boasted a $900 billio...Read More

The Biotech Stock To Buy Now

July 30, 2018 / www.schaeffersresearch.com

Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More

Syrah Resources has cut guidance and flagged operational issues and lower prices at its Balama #graphite mine ($) |...

July 30, 2018 / twitter.com

"Syrah Resources has cut guidance and flagged operational issues and lower prices at its Balama #graphite mine ($) | https://t.co/bsbpBegx6m #ASX #SYR"Read full newsRead More

Zimbabwe's gold rush: boom in illegal mining draws hundreds of thousands to Africa's Klondike

July 30, 2018 / dlvr.it

Still glistening in the residue of toxic mercury solution, the metallic flake looks more like a silvery fish scale than a precious metal.Read full newsRead More

Today's Research Reports on Awal?(C) Resources, First Legacy Mining, Allegiant Gold and Imperial Mining

July 30, 2018 / dlvr.it

NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...Read full newsRead More

End of the rainbow: Gold reserves in Nevada

July 30, 2018 / dlvr.it

ELKO - Production. Resources. Reserves.Read full newsRead More

Immigrant youth shelters: 'If you're a predator, it's a gold mine'

July 30, 2018 / dlvr.it

ProPublica obtained police reports and call logs from more than two-thirds of the shelters housing immigrant children. Here's what they show.Read full newsRead More

Gold Rock Mine proposal would add hundreds of jobs

July 30, 2018 / dlvr.it

ELY - The Bureau of Land Management's Ely District has released the Final Environmental Impact Statement for the proposed Gold Rock Mine Project in eastern Nevada, approximately 50 miles westRead full newsRead More

California farmers and Mexican cheese sales, U.S. trade war takes a toll

July 30, 2018 / www.kitco.com

TULARE, Calif. (Reuters) - Stephen Mancebo, a fourth-generation California dairy farmer with 2,300 cows, has battled ups and downs in his temperamental industry for a quarter-century only to find himself a casualty of a U.S trade war with one of his biggest customers - Mexico.Mancebo, 47, represents one of approximately 1,300 dairy farm families eking out a living in California on the narrow margi...Read More

China offers to open discussions on post-Brexit trade deal: UK minister

July 30, 2018 / www.kitco.com

BEIJING (Reuters) - China has offered to open discussions on a post-Brexit free trade deal with Britain, British Foreign Minister Jeremy Hunt said in Beijing on Monday.Hunt, appointed earlier this month following his predecessor Boris Johnson's resignation, was speaking at a press briefing following talks with his Chinese counterparts.China's relations with Britain will remain unchanged through Br...Read More

Pompeo to announce U.S. economic initiatives in 'Indo-Pacific'

July 30, 2018 / www.kitco.com

(Reuters) - Building on President Donald Trump's "Indo-Pacific" strategy, U.S. Secretary of State Mike Pompeo will announce a series of investment initiatives in Asia on Monday focusing on digital economy, energy and infrastructure.The announcement, to be made at a U.S. Chamber of Commerce forum in Washington, comes at a time when trade frictions with China have given U.S. trade diplomac...Read More

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