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University of British Columbia students win World Mining Competition

November 14, 2018 / www.mining.com

UBC students Robert Fuerderer, Naman Shah, Emma Dodds and John Wei won first place at the World Mining Competition in Saskatoon, Canada in October.The World Mining Competition is the largest multidisciplinary mining undergraduate case competition in Canada.The world-class case describes the current situation of a fictitious company in the mining industry from the perspective of a decision maker....Read More

University of British Columbia students win World Mining Competition

November 14, 2018 / www.mining.com

UBC students Robert Fuerderer, Naman Shah, Emma Dodds and John Wei won first place at the World Mining Competition in Saskatoon, Canada in October.The World Mining Competition is the largest multidisciplinary mining undergraduate case competition in Canada.The world-class case describes the current situation of a fictitious company in the mining industry from the perspective of a decision maker....Read More

S&P 500 down for fifth day as Apple, bank stocks fall

November 14, 2018 / www.kitco.com

(Reuters) - U.S. stocks fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as Apple Inc (AAPL.O) continued to lead a retreat in technology stocks and financials were hit by fears that sector-wide regulations would no longer be eased.Mounting concerns that iPhone sales have hit a wall pushed Apple shares lower for the fifth day in a row. At their session low, shares we...Read More

Gold settles higher after recent downdraft, with inflation data, dollar action in focus

November 14, 2018 / www.marketwatch.com

Gold prices settled higher on Wednesday, marking a modest reversal in selling action that had driven the metal down for seven sessions in the past eight. December gold GCZ8, -0.03% settled at $1,210.10 an ounce, up $8.70, or 0.7%. Tuesday's finish at $1,201.40 was the lowest for a most-active contract since Oct. 10, according to FactSet data. December silver SIZ8, +0.14% tacked on 10.3 cents, o...Read More

Ericsson doesn't see sales lift after security concerns hit Chinese rivals

November 14, 2018 / www.kitco.com

BARCELONA (Reuters) - Telecom networks equipment maker Ericsson (ERICb.ST) said on Wednesday security concerns about its Chinese rivals and wider trade tensions had not translated into more orders for the Swedish firm’s products.Chief Executive Borje Ekholm also said his firm was investing in new technology for 5G networks to help boost its market share, particularly in China.“There is...Read More

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

November 14, 2018 / www.mining.com

Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

November 14, 2018 / www.mining.com

Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

November 14, 2018 / www.mining.com

Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

November 14, 2018 / www.mining.com

Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More

Conagra Options Premiums Explode After Downgrade

November 14, 2018 / www.schaeffersresearch.com

Bernstein pegged "troubling" trends at Pinnacle FoodsBernstein downgraded Conagra Brands Inc (NYSE:CAG) to "underperform" from "market perform," saying growth in frozen entrees "seems to be running out of steam." The brokerage firm also cited "troubling" trends at Pinnacle Foods, which Conagra bought earlier this year. In reaction, CAG stock is down 6.8% at $32.72 -- earlier hitting a new annual l...Read More

Wells Fargo turns positive on gold, here's how the firm sees it going

November 14, 2018 / www.cnbc.com

Stephanie Landsman| @stephlandsmanPublished 11 Hours AgoUpdated10 Hours AgoCNBC.com show chapters Wells Fargo turns bullish on gold, sees near-term gains    4:47PM ET Tue, 13 Nov 2018 |02:20 With gold trading around one-month lows, the Wells Fargo Investment Institute is getting bullish.John LaForge, the firm's head of real asset strategy, sees gold regaining its luster and deliv...Read More

Wells Fargo turns positive on gold, here's how the firm sees it going

November 14, 2018 / www.cnbc.com

Stephanie Landsman| @stephlandsmanPublished 11 Hours AgoUpdated10 Hours AgoCNBC.com show chapters Wells Fargo turns bullish on gold, sees near-term gains    4:47PM ET Tue, 13 Nov 2018 |02:20 With gold trading around one-month lows, the Wells Fargo Investment Institute is getting bullish.John LaForge, the firm's head of real asset strategy, sees gold regaining its luster and deliv...Read More

Where Is Gold Headed Next Week? VOTE NOW!

November 14, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can...Read More

Euro, pound rise as trader eye Brexit, Italy

November 14, 2018 / www.kitco.com

NEW YORK (Reuters) - The euro and sterling rose on Wednesday as traders monitor the latest developments between the European Union and Britain on the latter’s departure from the economic bloc, and the EU and Italy on the resubmission of the latter’s 2019 budget.Hopes the U.K. parliament would approve a draft accord for Brexit have bolstered the two currencies, while the euro has been b...Read More

A matter of volume: threat from ascendant Chinese phones hangs over Apple

November 14, 2018 / www.kitco.com

SAN FRANCISCO (Reuters) - A raft of profit warnings from Apple Inc (AAPL.O) suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company’s plans to make services its main pillar of growth.For the past year, investors had largely been willing to overlook stagnating unit sales of the iPhone because average sell...Read More

Sibanye-Stillwater signs three-year gold wage agreement with unions

November 14, 2018 / www.mining.com

Sibanye-Stillwater (NYSE: SBGL) today announced it has concluded a three-year wage agreement with the National Union of Mineworkers (the NUM), Solidarity and UASA in respect of wages and conditions of service for the period of July 1, 2018 to June 30, 2021.The agreement allows for increases to the basic wage of Category 4-8 surface and underground employees. Miners, artisans and officials will rec...Read More

Sibanye-Stillwater signs three-year gold wage agreement with unions

November 14, 2018 / www.mining.com

Sibanye-Stillwater (NYSE: SBGL) today announced it has concluded a three-year wage agreement with the National Union of Mineworkers (the NUM), Solidarity and UASA in respect of wages and conditions of service for the period of July 1, 2018 to June 30, 2021.The agreement allows for increases to the basic wage of Category 4-8 surface and underground employees. Miners, artisans and officials will rec...Read More

Sibanye-Stillwater signs three-year gold wage agreement with unions

November 14, 2018 / www.mining.com

Sibanye-Stillwater (NYSE: SBGL) today announced it has concluded a three-year wage agreement with the National Union of Mineworkers (the NUM), Solidarity and UASA in respect of wages and conditions of service for the period of July 1, 2018 to June 30, 2021.The agreement allows for increases to the basic wage of Category 4-8 surface and underground employees. Miners, artisans and officials will rec...Read More

China plumbs ocean depths to extend its cobalt lead

November 14, 2018 / www.mining.com

* Unclear how big reserves are or when they can be mined* Glencore holds small stake in ocean explorer DeepGreen* Anglo American sold stake in Nautilus* Environmentalists seek strict rulesLONDON - China, the leading holder of international deep sea exploration licences, has increased its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains de...Read More

U.S. and four allies target tax-dodge specialists

November 14, 2018 / www.kitco.com

LONDON (Reuters) - Tax enforcement agencies from the United States and four other countries are leading a crackdown on “professional enablers” of international tax fraud, the U.S. Internal Revenue Service head of criminal investigations said on Wednesday.The IRS, via an alliance with Britain, Australia, Canada and the Netherlands set up earlier this year, is pursuing individuals and fi...Read More

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