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A South African gold mine that goes two miles beneath the Earth's surface holds far more than just precious metalsRead full newsRead More
A South African gold mine that goes two miles beneath the Earth's surface holds far more than just precious metalsRead full newsRead More
A Trump tweet sent oil prices to an 11th straight lossThe Dow sunk over 600 points today, and the tech-rich Nasdaq also gave up triple digits, as Apple (AAPL) stock plummeted after another iPhone supplier warning. In addition, fellow blue chip Goldman Sachs (GS) suffered steep losses, pacing a broader bank decline. Oil prices were also in the headlines today, erasing early gains after President Do...Read More
LONDON (Reuters) - British Prime Minister Theresa May said on Monday that there were still considerable unresolved issues with the European Union over Brexit as the two sides approached the “endgame” in negotiations for departure from the bloc.May’s compromise plan, which seeks to maintain close trade ties with the EU in the future, is facing opposition from Brexiteers, pro-Europ...Read More
IDAHO FALLS, Idaho, Nov 12 (Reuters) - The Federal Reserve will likely need to raise rates another two or three times over “the next period of time,” but it is too soon to know if a rate hike will be needed next month, San Francisco Federal Reserve Bank president Mary Daly said Monday.“My modal forecast is for two to three (rate hikes) over the next period of time, with the exact...Read More
Gold remains under pressure, trading near $1,200/oz. Wall Street falls sharply and US Dollar consolidates gains. Gold slide further and reached a fresh daily low at $1,202/oz the lowest level in four weeks. The yellow metal is falling for the seventh-day in-a-row. A week ago was testing the key resistance area seen around $1,235 and now appears to be headed for a test of $1,200, maki...Read More
RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More
RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More
RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More
NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while U.S. and European technology shares were hammered.Major U.S. stock indexes dropped more than 1 percent, with the tech-heavy Nasdaq slumping over 2 percent. Indexes were weighed down by a 4.3-percent...Read More
UNITED NATIONS (Reuters) - The United Nations Security Council is set to vote on Wednesday to lift a nearly decade-old arms embargo and targeted sanctions on Eritrea, diplomats said, after the country's rapprochement with Ethiopia and thawing of relations with Djibouti.Diplomats, speaking on condition of anonymity, said the 15-member council completed negotiations on Monday and agreed on a British...Read More
NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while U.S. and European technology shares were hammered.Major U.S. stock indexes dropped more than 1 percent, with the tech-heavy Nasdaq slumping over 2 percent. Indexes were weighed down by a 4.3-percent...Read More
RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More
RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More
RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More
Larry Culp issued a stern warning on GE's debt level earlierLosses for the U.S. stock market are stiff in the second half of the session, with a sharp sell-off for big-cap bank stock Goldman Sachs Group Inc (NYSE:GS) dragging on the Dow. Among other names making notable moves are former Dow component General Electric Company (NYSE:GE) and Nektar Therapeutics (NASDAQ:NKTR). Here's a quick look at w...Read More
SEOUL (Reuters) - A U.S. think tank said on Monday it had identified at least 13 of an estimated 20 undeclared missile operating bases inside North Korea, underscoring the challenge for American negotiators hoping to persuade Pyongyang to give up its nuclear weapons and long-range missiles.In reports released by the Washington, D.C.-based Center for Strategic and International Studies, researcher...Read More
Oil prices are in their worst slump in over 30 years The United States Oil Fund (USO) has been in a freefall amid the collapse of oil prices in recent weeks. After slowly giving back gains throughout the day, December-dated crude futures fell 0.4% to trade at $59.93 per barrel, marking their 11th straight loss -- the longest losing streak in over 30 years. As far as the exchange-traded fund (ETF...Read More
Ann SaphirIDAHO FALLS, Idaho (Reuters) - With the U.S. economy at or beyond full employment and inflation likely to rise slightly above a 2 percent goal over the next year, the Federal Reserve should continue to raise rates gradually, its newest policymaker said Monday — but not necessarily next month.“My modal forecast is for two to three (rate hikes) over the next period of time, wit...Read More