Business partner Coca-Cola is actually putting pressure on MNST stockMonster Beverage Corp (NASDAQ:MNST) is trading down 10.4% in pre-market activity, even though the company reported better-than-expected earnings for the third quarter. Traders could be reacting to weak margins for the period, on top of surprising news about business partner Coca-Cola (KO), which sparked a downgrade from Morgan St...Read More

The Dow and S&P 500 are set to snap a three-day winning streakFutures on the Dow Jones Industrial Average (DJI) are signaling a lower open, with the index on track to snap a three-day winning streak. Investor attention now shifts away from the midterm elections and toward the Fed meeting, set to conclude at 2 p.m. ET today. While no monetary policy changes are expected, traders are likely to read...Read More

Mr. Michael Williams reportsVENDETTA REPORTS FINAL RESULTS FROM 2018 PEGMONT LEAD-ZINC PROJECT PROGRAM WITH HIGH GRADE INTERSECTIONS IN NEW ZONE 3 STRUCTUREVendetta Mining Corp. has provided the last batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland.New zone 3 structure pit highlights:PVRD170: 6.00 metres of 11.43 per cent lead plus zi...Read More

Mr. Michael Williams reportsVENDETTA REPORTS FINAL RESULTS FROM 2018 PEGMONT LEAD-ZINC PROJECT PROGRAM WITH HIGH GRADE INTERSECTIONS IN NEW ZONE 3 STRUCTUREVendetta Mining Corp. has provided the last batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland.New zone 3 structure pit highlights:PVRD170: 6.00 metres of 11.43 per cent lead plus zi...Read More

AsankoGold Inc. (TSX, NYSE American: AKG) reports a third-quarter loss but also listsrecord output. The loss was $0.3 million, or zero cents per share, compared to net income of$4.2 million, or 2 cents, in the year-ago period. The reduction was mainly dueto lower mine operating earnings on the Asanko Gold Mine joint venture and thestart of equity accounting for Asanko’s interest in the mine....Read More

Asanko Gold Inc. (TSX, NYSE American: AKG) reports a third-quarter loss but also lists record output. The loss was $0.3 million, or zero cents per share, compared to net income of $4.2 million, or 2 cents, in the year-ago period. The reduction was mainly due to lower mine operating earnings on the Asanko Gold Mine joint venture and the start of equity accounting for Asanko’s interest in the...Read More

LONDON (Reuters) - World stocks scored an eighth straight session of gains and their longest winning streak of the year on Thursday, as reassuring trade data from China kept the previous day’s post-U.S. mid-terms risk rally rolling.Traders were gearing up for the U.S. Federal Reserve meeting in a confident mood and the contrast to the last one in late September, when stock markets had just b...Read More

TECUN UMAN, Guatemala (Reuters) - Cradling a baby in his arms, the Central American man looks up fearfully as he scrambles away from a wall of Mexican police in riot gear.Thousands of migrants, mostly Hondurans fleeing poverty and violence, have been traveling in a caravan towards the United States in recent weeks. On Oct. 19, some of them rushed through Guatemalan border gates onto a long bridge...Read More

CARACAS (Reuters) - Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters.Venezuela's hard currency holdings have dwindled as existing U.S. financial sanctions have effectively blocked President Nicolas Maduro's governm...Read More

HELSINKI (Reuters) - Manfred Weber, a reserved Bavarian who has modeled himself on Germany’s pragmatic chancellor, won the backing of Europe’s center-right parties on Thursday to stand in the race to become European Commission president.Weber, a German EU lawmaker, beat former Finnish prime minister Alexander Stubb to become the European People’s Party’s (EPP) top candidate...Read More

BEIJING/SYDNEY (Reuters) - Beijing and Canberra should be cooperating in the South Pacific and not be cast as strategic rivals, China’s top diplomat said on Thursday, after Australia launched a multi-billion dollar fund to counter China’s rising influence in the region.Standing alongside Australian Foreign Minister Marise Payne, Chinese State Councillor Wang Yi made the conciliatory re...Read More

BRUSSELS (Reuters) - Euro zone growth is expected to slow in the coming years as the bloc faces risks from U.S. economic policies, Britain’s unclear divorce terms from the EU and free-spending plans in high-debt members, like Italy, the EU Commission said.In its quarterly economic forecasts released on Thursday, the EU executive revised down its growth estimates for the euro zone next year a...Read More

Editor's Note: Updating earlier story with more details from report.(Kitco News) -Gold remained modestly softer after Labor Department data Thursday showed thatinitial weekly U.S. jobless claims fell by 1,000 to a seasonally adjusted214,000 in the week to Saturday.Consensusexpectations compiled by various news organizations had called for initialclaims to be around 210,000 to 213,000. The gov...Read More

Editor's Note: Updating earlier story with more details from report.(Kitco News) - Gold remained modestly softer after Labor Department data Thursday showed that initial weekly U.S. jobless claims fell by 1,000 to a seasonally adjusted 214,000 in the week to Saturday.Consensus expectations compiled by various news organizations had called for initial claims to be around 210,000 to 213,000. Th...Read More

(Kitco News) - Gold andsilver pricesaremodestly lower in early U.S. trading Thursday. A rebound in the U.S. dollar index today, following selling pressure this week, is working against theprecious metals market bulls. December gold futures were last down $2.50 anounce at $1,226.30. December Comex silver was last down $0.044 at $14.525 anounce. Focustoday is on the conclusion of the Federal Reserv...Read More

Bitcoin has remained unusually calm and less volatile while the S&P 500 has entered correction territory.This has given life to the thought that Bitcoin can be used as a hedging instrument to avoid catastrophic market events.Bitcoin has inherent characteristics that might turn investors away from using it for hedging purposes.Gold has been a "go to" hedge at times of market correctio...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

(Kitco News) -Hecla MiningCo. (NYSE: HL) Thursday reported a net loss for the third quarter as silveroutput fell and the price of all four of the metals produced by the companydeclined.The loss was$23.3 million, or 5 cents per share, comparedto net income of $0.2 million, or zero cents, for the same period a year ago.The company reported lower silver and gold production at San Sebastian and Greens...Read More

Aston Bay Holdings (TSX-V: BAY) has just completed the transaction to acquire all of the issued and outstanding stock of Jack's Fork Exploration (JFE). The acquisition was completed by way of a reverse triangular merger of Blue Ridge Mining, a wholly owned subsidiary of the company, into JFE, resulting in JFE being renamed "Blue Ridge Mining" and becoming a direct and wholly-owned subsidiary of As...Read More

Aston Bay Holdings (TSX-V: BAY) has just completed the transaction to acquire all of the issued and outstanding stock of Jack's Fork Exploration (JFE). The acquisition was completed by way of a reverse triangular merger of Blue Ridge Mining, a wholly owned subsidiary of the company, into JFE, resulting in JFE being renamed "Blue Ridge Mining" and becoming a direct and wholly-owned subsidiary of As...Read More