GOLD Spot gold advanced 0.75% since Monday's opening and hit new nearly one-month high at $1232, advancing on weaker dollar after US/China trade ceasefire deal.The yellow metal regained traction after Thu/Fri rejection on both direction, which signaled indecision as markets were awaiting signals from G20 meeting. Fresh advance emerged from European session correction low at $1229 and probe aga...Read More
"Comstock Metals Announces Disposition of Old Cabin Property and its Interest in the Corona Property https://t.co/5etpcVywb0"Read full newsRead More
"Tetra Natural Health Will Deliver 20 containers of Hemp Energy Drink to Meet Consumer Demand--#TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd --Read the News Release here: https://t.co/uOFUQEUNWb"Read full newsRead More
The shares are bumping up against a critical trendlineThe shares of Overstock.com Inc (NASDAQ:OSTK) rallied 23.3% on Nov. 23 -- their best day of 2018 -- amid reports the company plans to focus only on blockchain. The following session, however, the security suffered its worst day in three years, before going on a four-day winning streak. Now, the volatile shares of OSTK could be flashing a sell s...Read More
"Monarques Gold (@MQR_V) (#TSX: $MQR // #OTC: $MRQRF) turns $25M 2017 Acquisition into $522M NPV Advanced Gold Project [https://t.co/iMoJ4ms70w]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold"Read full newsRead More
Report: Scheme could have 'catastrophic consequences' on APHA share priceU.S. stocks are comfortably higher, as traders cheer a cease-fire on the U.S.-China trade war. Among the stocks reacting to the truce is farm equipment concern Deere & Company (NYSE:DE), which is higher on plans for China to buy U.S. agricultural products. Meanwhile, two weed stocks are making huge moves in opposite direction...Read More
Both names are higher after the U.S. and China agreed to a trade truceEasing trade tensions between the U.S. and China are boosting global markets today, with the Dow up triple digits at last check. And with Morgan Stanley raising its base case for Chinese stocks after the "better-than-expected" outcome of the G-20 summit, e-commerce concerns Alibaba Group Holding Ltd (NYSE:BABA) and JD.com, Inc....Read More
DRA Global ("DRA") recently implemented a state of the art Advanced Milling Control System,using the MillSlicer instrument, on the Asanko Gold Mine. The Asanko Gold Mine is a large scale, multi-pit asset located on the Asankrangwa belt in Ghana, West Africa. Built in 2015 by DRA Global, ahead of schedule and within budget, first gold was poured in January 2016 and commercial production commenced i...Read More
KHARTOUM - Sudan will allow local private sector firms to export gold, Prime Minister Moataz Moussa said on Monday, relaxing the central bank's grip over exports of the metal as the government tries to shore up the country's struggling economy.The measure is part of efforts to stem smuggling of gold, one of the country's main sources of foreign currency."With the blessings of the president of the...Read More
KHARTOUM - Sudan will allow local private sector firms to export gold, Prime Minister Moataz Moussa said on Monday, relaxing the central bank's grip over exports of the metal as the government tries to shore up the country's struggling economy.The measure is part of efforts to stem smuggling of gold, one of the country's main sources of foreign currency."With the blessings of the president of the...Read More
Assays from holes drilled into the southwestern part of the Marathon deposit intersected intervals of high-grade gold over wide intervals at open-pit depths, Marathon Gold Corp. (TSX: MOZ) reports.Highlights include 17.39 grams gold over 5 metres from 213 metres downhole including 1.9 metres of 42.76 grams gold in drill hole MA-18-343, and 19.63 grams gold over 2.3 metres from 67 metres downhole,...Read More
Assays from holes drilled into the southwestern part of the Marathon deposit intersected intervals of high-grade gold over wide intervals at open-pit depths, Marathon Gold Corp. (TSX: MOZ) reports.Highlights include 17.39 grams gold over 5 metres from 213 metres downhole including 1.9 metres of 42.76 grams gold in drill hole MA-18-343, and 19.63 grams gold over 2.3 metres from 67 metres downhole,...Read More
Updated - Bear market forces are building according market historian Bob Hoye from ChartsandMarkets.com. In his latest interview with Jim Goddard, Hoye points out that the world stocks outside of the US hit their highs in January, the month after the bitcoin bubble blew out. Those peaks foreshadowed the setup for a potential bear market in stocks.Click to listen to Bob Hoye's November 30th broadc...Read More
The VIX is heading toward its lowest close in almost four weeksThe stock market is starting December off strong, with the Dow Jones Industrial Average (DJI) up 441 points at its intraday peak. The Dow has since pared these gains, but is still enjoying a triple-digit lead thanks to a trade truce between the U.S. and China. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are boasting large gains...Read More
Macau's increased gambling revenue is also bolstering WYNNShares of Wynn Resorts, Limited (NASDAQ:WYNN) are up 9.3% this morning, to trade at $119.89, on news of the G-20 summit's temporary U.S.-China trade truce, as well as the recent spike in gambling revenue in the Chinese territory of Macau, where several of the company's operations are located. Specifically, Macau revenue jumped 8.5% in Nov...Read More
From riding high on cobalt's boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put a dent in profit.The world's largest commodities merchant on Monday downgraded its full-year earnings target for the trading division to $2.6 billion to $2.8 billion, down from an earlier estimate of $2.7 billion to $3.2 billion.Some cobalt buyers in China reneged on contracts a...Read More
Glencore Plc is updating investors Monday as the world's biggest commodities trader nears the end of a tough year. The company's faced challenges spanning the Democratic Republic of Congo to Russia and a U.S. Department of Justice probe that have weighed on its shares. There comes a time where the younger generation needs to take over - Ivan Glasenburg.Here are the latest developments, to be upda...Read More
BEIJING - Premiums for imports of copper into China, the world's biggest copper consumer, sank to an 18-month low on Monday in a sign that demand for physical metal is waning after a buying spree.The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7 percent from Friday's levels to $62.50 a tonne, the lowest since June 2017. China imposing a 25% tariff on...Read More
Institutional Shareholder Services Inc (ISS) has advised shareholders to vote for Detour Gold Corp's refreshed board of directors at an upcoming special shareholders' meeting, stopping short of more aggressive changes demanded by activist investor Paulson & Co, the company said on Monday.Detour's existing management has been resisting Paulson's call for a complete overall of the board and immediat...Read More
Institutional Shareholder Services Inc (ISS) has advised shareholders to vote for Detour Gold Corp's refreshed board of directors at an upcoming special shareholders' meeting, stopping short of more aggressive changes demanded by activist investor Paulson & Co, the company said on Monday.Detour's existing management has been resisting Paulson's call for a complete overall of the board and immediat...Read More