JOHANNESBURG - Gold Fields said on Friday third quarter production was down 3 percent, with its last South African asset, South Deep, weighing on total output.Gold production for the quarter ended Sept. 30 from continuing operations dropped to 533,000 ounces from 552,000 in the same period last year, with the struggling mine producing 50,000 ounces during the quarter.South Deep has faced numerous...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Mr. Eric Edwards reportsTRIMETALS MINING PROVIDES UPDATE ON BOLIVIAN ARBITRATION Trimetals Mining Inc. has received correspondence from the Permanent Court of Arbitration advising that the arbitration tribunal will issue the arbitration award on a date prior to the end of November, 2018.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
Mr. Eric Edwards reportsTRIMETALS MINING PROVIDES UPDATE ON BOLIVIAN ARBITRATION Trimetals Mining Inc. has received correspondence from the Permanent Court of Arbitration advising that the arbitration tribunal will issue the arbitration award on a date prior to the end of November, 2018.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
The U.S.Midterm Election ending without any surprises, and had stock prices soaringhigher on Wednesday, while gold was essentially unchanged. With equitiesbeing bid higher, gold is losing an important safety-related support with thereturn of “risk-on” among equity investors. Although theexpected results saw just a 0.12% lift in gold, the GDX sold off into the closeas most traders...Read More
The U.S. Midterm Election ending without any surprises, and had stock prices soaring higher on Wednesday, while gold was essentially unchanged. With equities being bid higher, gold is losing an important safety-related support with the return of “risk-on” among equity investors. Although the expected results saw just a 0.12% lift in gold, the GDX sold off into the close as most t...Read More
MUMBAI/BENGALURU - Demand for physical gold gathered steam during a key festival week, shrugging off a recent downtrend going into the traditional busy wedding season, while other major Asian hubs saw limited activity.India, the second biggest bullion consumer after China, celebrated the Dhanteras and Diwali festivals this week, when buying gold is considered auspicious."We were initially skeptica...Read More
MUMBAI/BENGALURU - Demand for physical gold gathered steam during a key festival week, shrugging off a recent downtrend going into the traditional busy wedding season, while other major Asian hubs saw limited activity.India, the second biggest bullion consumer after China, celebrated the Dhanteras and Diwali festivals this week, when buying gold is considered auspicious."We were initially skeptica...Read More
(Kitco News) - Gold andsilver prices aresolidly lower in early U.S. trading Friday. Bearish outside market forces areworking against the precious metals markets today, as the crude oil market iscareening lower and the U.S. dollar index is not far below last week’s 16-monthhigh. Gold prices hit a four-week low overnight, while silver dropped to asix-week low. December gold futures were last...Read More
Gold has come under pressure thelast few days, but from a long-term perspective, the pattern has held up andall signs point to higher prices. We can look at the trade in gold a couple ofways -- we can panic because it's down 2% from its recent highs or rejoice thatit's still 5% higher than the lows.In other words, is the glass halfempty or half full? We will choose to look at the glass half full....Read More
Gold has come under pressure the last few days, but from a long-term perspective, the pattern has held up and all signs point to higher prices. We can look at the trade in gold a couple of ways -- we can panic because it's down 2% from its recent highs or rejoice that it's still 5% higher than the lows. In other words, is the glass half empty or half full? We will choose to look at the glass half...Read More
(Kitco News)- Goldprices remain under pressure, and are trading at session lows after producerprice inflation came in much hotter than expected last month.Friday,the U.S. Labor Department said its Producer Price Index (PPI) rose 0.6% in Octoberfollowing an increase of 0.2% in September; the data was stronger than expectedwith economists' forecasting an increase of 0.2%.CorePPI, which strips out vo...Read More
(Kitco News) - Gold prices remain under pressure, and are trading at session lows after producer price inflation came in much hotter than expected last month.Friday, the U.S. Labor Department said its Producer Price Index (PPI) rose 0.6% in October following an increase of 0.2% in September; the data was stronger than expected with economists' forecasting an increase of 0.2%.Core PPI, which strips...Read More
Could this be 9 times more valuable than Google, Facebook, and Amazon combined?It's a gadget you could conceal in the palm of your hand. A gadget that could easily pass through airport security. A gadget that could be mass produced quickly.And a gadget that holds the technology set to blow the lid off a breakthrough $15 trillion tech revolution...Of course, this gadget could stand to make a lot of...Read More
Gold spot ($) The downside prevails. Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1224.00 Our preference Short positions below 1224.00 with targets at 1212.00 & 1209.00 in extension. Alternative scenarioAbove 1224.00 look for further upside with 1227.00 & 1230.00 as targets. Comment The RSI advocates for further decline. Silver s...Read More
PretiumResources Inc. (TSX, NYSE: PVG), which operates the Brucejack Mine in BritishColumbia that began commercial production in July 2017, reports adjustedearnings rose to $26.3 million, or 14 cents per share, in the third quarter, upfrom $14 million, or 8 cents, in the same period a year ago. Net earnings were$10.7 million, or 6 cents per share, compared to a net loss of $7 million, or 4cents, a...Read More
Pretium Resources Inc. (TSX, NYSE: PVG), which operates the Brucejack Mine in British Columbia that began commercial production in July 2017, reports adjusted earnings rose to $26.3 million, or 14 cents per share, in the third quarter, up from $14 million, or 8 cents, in the same period a year ago. Net earnings were $10.7 million, or 6 cents per share, compared to a net loss of $7 million, or 4 ce...Read More
LONDON (Reuters) - Global stocks are on track for their biggest drop in two weeks while oil prices held near six-month lows on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets.While the decision to hold interest rates by the U.S. Federal Reserve was anticipated by markets, some participants had expected a more cautious approach from the central bank after a...Read More
LONDON (Reuters) - Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes.Benchmark Brent crude LCOc1 fell below $70 a barrel for the first time since early April, down more than 18 percent since reaching four-year highs at the beginning of October.Brent dropped $1.52 to a low of $69...Read More
LONDON (Reuters) - Britain’s economy picked up pace during the third quarter, growing at the fastest rate since late 2016, but this may prove a high watermark ahead of Brexit, official figures showed on Friday.Gross domestic product in the three months to September was 0.6 percent higher than in the previous quarter, matching the consensus forecast in a Reuters poll of economists, figures fr...Read More