Recent News

Generic Gold Announces Initiation of Drill Program on Its Goodman Gold Project, Yukon

October 17, 2018 / bit.ly

Generic Gold Corp. (CSE:GGC) (FSE: 1WD) (Read full newsRead More

Initial Prospecting at Pacton's Friendly Creek in the Egina Area of the Pilbara Identifies Gold Nuggets...

October 17, 2018 / twitter.com

"Initial Prospecting at Pacton's Friendly Creek in the Egina Area of the Pilbara Identifies Gold Nuggets https://t.co/hU0WNqdQ56"Read full newsRead More

BTU Metals (@BTUMetals) (#TSXV: $BTU) Acquires Two Strategic Properties Contiguous to Great Bear's Dixie Project, R...

October 17, 2018 / twitter.com

"BTU Metals (@BTUMetals) (#TSXV: $BTU) Acquires Two Strategic Properties Contiguous to Great Bear's Dixie Project, Red Lake District, Canada [https://t.co/r9DjwOpyou]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold"Read full newsRead More

American Express Stock Hit With Bear Note Before Earnings

October 17, 2018 / www.schaeffersresearch.com

AXP is just above breakeven year-to-dateAmerican Express Company (NYSE:AXP) is trading slightly lower this afternoon, after Oppenheimer lowered its price target on the Dow name to $111 from $113. This bear note is not completely unheard of for AXP, as 10 out of 19 covering firms sport tepid "hold" ratings. What's more, it comes just before the lending company is scheduled to report third-quarter e...Read More

White House's Kudlow says Trump not demanding Fed policy change

October 17, 2018 / www.kitco.com

WASHINGTON (Reuters) - White House economic advisor Larry Kudlow said on Wednesday that U.S. President Trump was not demanding a policy change at the Federal Reserve after Trump heaped more criticism on the Fed on Tuesday, calling rising U.S. interest rates his “biggest threat.”In what has emerged as a pattern recently, the administration official sought the day after Trump’s com...Read More

Influential Facebook shareholders back proposal to remove Zuckerberg as chairman

October 17, 2018 / www.kitco.com

(Reuters) - Several public funds with holdings in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman.The proposal, originally bought to the table by hedge fund Trillium Asset Management, is now backed by state treasurers from Illinois, Rhode Island and Pennsylvania. New York City Comptroller Scott Stringer also joined the shareholder proposal....Read More

Hedge funds reeling from gold jump have five charts to watch

October 17, 2018 / www.mining.com

Hedge funds that doubled down on bearish gold wagers are facing a gut check.The metal is in the middle of a surprise advance, posting the fastest rally since the Brexit vote as a surge in haven demand combines with seasonal buying. The sudden snap of its unlucky streak - bullion has declined every month since April - blindsided fast-money investors, but that could be good for gold bugs.Here's the...Read More

Reclusive Millionaire Warns Against Cash

October 17, 2018 / www.schaeffersresearch.com

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

Glencore chair Tony Hayward latest to drop out of Saudi conference

October 17, 2018 / www.mining.com

Oct 17 (Reuters) - Glencore Plc said its chairman Tony Hayward will no longer be attending the Future Investment Initiative conference in Saudi Arabia, confirming a report in the Financial Times.He is the latest top executive to pull out of next week's high profile conference, amid widespread concern about the fate of journalist Jamal Khashoggi.Khashoggi, a U.S. resident and Washington Post column...Read More

Glencore chair Tony Hayward latest to drop out of Saudi conference

October 17, 2018 / www.mining.com

Oct 17 (Reuters) - Glencore Plc said its chairman Tony Hayward will no longer be attending the Future Investment Initiative conference in Saudi Arabia, confirming a report in the Financial Times.He is the latest top executive to pull out of next week's high profile conference, amid widespread concern about the fate of journalist Jamal Khashoggi.Khashoggi, a U.S. resident and Washington Post column...Read More

BTU Acquires Two Strategic Properties Contiguous to Great Bear's Dixie Project, Red Lake District, Canada...

October 17, 2018 / twitter.com

"BTU Acquires Two Strategic Properties Contiguous to Great Bear's Dixie Project, Red Lake District, Canada @BTUMetalsCorp https://t.co/WOIXdK6usJ"Read full newsRead More

Nordic Gold Secures Funding to Complete the Path to Production

October 17, 2018 / bit.ly

Nordic Gold Corp. (TSXV:NOR) (Read full newsRead More

Signature Announces Extension to Private Placement

October 17, 2018 / bit.ly

Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) ("Signature" or the "Company") announces the extension of its previously-announced non-brokered private placement of non-flow-through units, flow-through shares, and flow-through units for aggregate gross proceeds of up to $1,500,000 (the "Offering") until November 15, 2018.Read full newsRead More

Nucor Stock Explores Fresh Lows Before Earnings

October 17, 2018 / www.schaeffersresearch.com

Options traders are expecting a bigger-than-normal post-earnings move from NUENucor Corporation (NYSE:NUE) reports earnings before the open tomorrow, Oct. 18, and the stock has been selling off ahead of the event. NUE shares were last seen down 0.6% at $58.62, setting them up for the lowest close of 2018. The equity fell through long-term support at the 320-day moving average earlier this month, a...Read More

U.S. pushes EU for rapid trade results, says progress not enough

October 17, 2018 / www.kitco.com

BRUSSELS (Reuters) - The United States demanded rapid results on Wednesday from its trade talks with the European Union and complained that the bloc was stalling progress.“Our purpose in the meeting was to stress the need for speed and of getting to near-term deliverables, including both tariff relief and standards,” U.S. Commerce Secretary Wilbur Ross told a briefing in Brussels.&ldqu...Read More

Zambia's finance minister says new mining taxes will not hit operations

October 17, 2018 / www.mining.com

LUSAKA, Oct 17 (Reuters) - Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday.Mwanakatwe told parliament that even with the proposed taxes, we are confident that mining companies will be able to meet their operational costs.Zambia plans to introduce new...Read More

Zambia's finance minister says new mining taxes will not hit operations

October 17, 2018 / www.mining.com

LUSAKA, Oct 17 (Reuters) - Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday.Mwanakatwe told parliament that even with the proposed taxes, we are confident that mining companies will be able to meet their operational costs.Zambia plans to introduce new...Read More

Wallbridge Options 100% of the Beschefer Project near Fenelon Gold

October 17, 2018 / bit.ly

Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (Read full newsRead More

Pacton Enters Into Strategic Processing Alliance With Artemis

October 17, 2018 / bit.ly

Pacton Gold Inc. (TSXV:PAC,OTC: PACXF, FSE: 2NKN) (theRead full newsRead More

IMF's Downbeat Economic Outlook Points To Higher Gold Prices - WGC

October 17, 2018 / www.kitco.com

(Kitco News) - The International Monetary Fund’s (IMF) economic report of higher risks and slower global economic growth, highlights gold’s relevance in investors’ portfolios, said the World Gold Council (WGC).“The IMF signaled in its 2018 Global Financial Stability Report, an increase in commonly used metrics of risk highlight the relevance of including gold in a portfolio...Read More

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