(Reuters) - The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, Bloomberg reported on Monday.The list would apply to imports from China that aren't already covered by previous rounds of tariffs, which may be $257 billion using last year's import figures,...Read More
WASHINGTON (Reuters) - The U.S. Department of Agriculture is not planning to extend an up to $12 billion aid package for farmers into 2019, Secretary Sonny Perdue said on Monday, to mitigate farmer losses due to the imposition of tariffs on American exports.“Farmers are very resilient and adept in making their planning and marketing decisions based on the current market,” Perdue told r...Read More
"The S&P/TSX Venture Composite Index is down, falling by 4.03 points, or 0.62 percent, to 642.59. https://t.co/hk50FpEwT5 #Investing #Resource #Gold"Read full newsRead More
(Reuters) - Declines in big tech and Internet stocks such as Amazon pushed the Nasdaq lower on Monday, while strength in financial shares mitigated declines for the S&P 500 as investors grappled with a recent spike in market volatility.The three major U.S. stock indexes lost their initial solid gains from earlier in the session.Major tech and growth stocks, such as Amazon (AMZN.O), Google pare...Read More
WASHINGTON (Reuters) - Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters.U.S. regulators slapped Wells Fargo with a $1 billion penalty in April when it admitted to wrongly forcing drivers into auto insurance policies. That agreement envisioned the cu...Read More
One investor guru thinks this may be the next big play to make in gold.The world's wealthiest investors always grab the headlines...Especially with a track record that's off the charts, producing explosive gains like this:$1.29 to $23.86, where $10,000 grew to over $184,000!Or how about his record-breaking score last month, 9 cents Canadian to C$1.18 in about 2 weeks, turning $10,000 into over $1...Read More
Mining companies must forge new ties with partners from customers to governments...Read full newsRead More
WASHINGTON, Oct 29 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $15 billion less during the fourth quarter than previously estimated. The department said in a statement it expects to issue $425 billion through credit markets during the October-December period, assuming an end-December cash balance of $410 billion. Treasury also expects to issue $356 billion in net marketable d...Read More
HONG KONG (Reuters) - A five-year old Chinese smartphone company whose high-end products are little known outside a tech-savvy niche is entering the U.S. market on Monday with the backing of two key local allies: chipmaking giant Qualcomm (QCOM.O) and mobile operator T-Mobile.The foray by Shenzhen-based OnePlus comes after U.S. mobile carriers AT&T and Verizon this year backed away from plans...Read More
It's the only blue chip on the list of the best SPX stocks in NovemberThe U.S. equities market is set to end October at a substantial loss, with the Dow down 7.7% month-to-date, and the S&P 500 off 9.2%, at last check. History suggests a turnaround could be coming, considering November marks the start of the most bullish six-month period for stocks. Among specific names bulls may want to watch nex...Read More
NEW BRUNSWICK - Montreal-based Osisko Metals has intersected multiple high grade zinc-lead-copper zones in step-out drilling at the Main zone of its Key Anacon project about 20 km south of the town of Bathurst.Drill hole KAMZ-18-10, a step-out drill hole 30 metres below the Main zone deposit, intersected 8.30 metres grading 10.47% zinc, 3.47% lead, 0.03% copper, and 92.0 g/t silver.Step-out hole...Read More
NEW BRUNSWICK - Montreal-based Osisko Metals has intersected multiple high grade zinc-lead-copper zones in step-out drilling at the Main zone of its Key Anacon project about 20 km south of the town of Bathurst.Drill hole KAMZ-18-10, a step-out drill hole 30 metres below the Main zone deposit, intersected 8.30 metres grading 10.47% zinc, 3.47% lead, 0.03% copper, and 92.0 g/t silver.Step-out hole...Read More
NEW BRUNSWICK - Montreal-based Osisko Metals has intersected multiple high grade zinc-lead-copper zones in step-out drilling at the Main zone of its Key Anacon project about 20 km south of the town of Bathurst.Drill hole KAMZ-18-10, a step-out drill hole 30 metres below the Main zone deposit, intersected 8.30 metres grading 10.47% zinc, 3.47% lead, 0.03% copper, and 92.0 g/t silver.Step-out hole...Read More
* Hammond touts possible end to austerity with Brexit deal* BoE meets on Thursday; rates will likely be left unchanged* Graphic: World FX rates in 2018 tmsnrt.rs/2egbfVh* Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9HvLONDON, Oct 29 (Reuters) - The pound drifted lower on Monday as Britain’s finance minister Philip Hammond laid out the prospect of an end to austerity so...Read More
PHOENIX (AP) - An Arizona prospector realizes he's lucky to be alive after surviving nearly three days at the bottom of an old abandoned gold mine shaft in the ArizonaRead full newsRead More
Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More
ELKO, Nev. (AP) - A Utah miner died after a roof collapsed at a Nevada gold mine.The Elko Daily Free Press reports Small Mine Development says Jason Holman, of Goshen, Utah, was killed Thursday at Jerritt Canyon Gold's Lee Smith Mine.Small Mine Development General Manager Keith Jones says Holman wasRead full newsRead More
NEW YORK (Reuters) - Global stocks pared their gains Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.The Dow Jones Industrial Average .DJI rose 133.78 points, or 0.54 percent, to 24,822.09, the S&P 500 .SPX gained 19.91 points, or 0.75 percent, to 2,678....Read More
NEW YORK (Reuters) - Global stocks pared their gains Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.The Dow Jones Industrial Average .DJI rose 133.78 points, or 0.54 percent, to 24,822.09, the S&P 500 .SPX gained 19.91 points, or 0.75 percent, to 2,678....Read More
Sandstorm continues to purchase shares of Entree Resources.Insiders are piling into Belo Sun Mining.I break down the most relevant gold insider buying updates.Insider gold buying has picked up a bit over the past month, especially over the past week or so with gold prices showing signs of a sustained rally. (Gold prices have rallied since the start of October. Credit: StockCharts) The technical p...Read More