Commercial production has been declared atYamana Gold Inc.’s (TSX: YRI; NYSE: AUY) Cerro Moro gold and silver mine in Argentina,the company reports.  “The project has been brought to this stage onschedule and on budget, which reflects the significant efforts by operationsand technical services management since construction began a few years ago,”says Daniel Racine, exec...Read More

Commercial production has been declared at Yamana Gold Inc.’s (TSX: YRI; NYSE: AUY) Cerro Moro gold and silver mine in Argentina, the company reports.  “The project has been brought to this stage on schedule and on budget, which reflects the significant efforts by operations and technical services management since construction began a few years ago,” says Daniel Racine,...Read More

LONDON (Reuters) - Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack to keep the world’s fifth largest economy in the EU’s customs union, the country’s main car lobby group said.Public announcements of fresh investments into new plant, machinery, models and model development fell to 347.3 milli...Read More

General Electric is set to rally on turnaround plansFutures on the Dow Jones Industrial Average (DJI) are cautiously higher this morning, as stocks look to recover from Monday's sell-off. Harley-Davidson (HOG) remains in focus, after President Donald Trump tweeted early this morning that the motorcycle company will be "taxed like never before" if they shift production of Europe-bound vehicles ove...Read More

Mr. Mark Kolebaba reportsIP SURVEY DEFINES TARGET UNDER HIGH-GRADE GOLD SAMPLES AT OUTLOOK RIDGEAdamera Minerals Corp.has developed a well-defined induced polarization (IP) anomaly immediately under the Outlook Ridge prospect on the Cooke Mountain project in Washington State. The site is where Adamera collected grab samples with assays ranging from two to 64 grams per tonne gold (see Nov. 28, 2017...Read More

Mr. Mark Kolebaba reportsIP SURVEY DEFINES TARGET UNDER HIGH-GRADE GOLD SAMPLES AT OUTLOOK RIDGEAdamera Minerals Corp.has developed a well-defined induced polarization (IP) anomaly immediately under the Outlook Ridge prospect on the Cooke Mountain project in Washington State. The site is where Adamera collected grab samples with assays ranging from two to 64 grams per tonne gold (see Nov. 28, 2017...Read More

Analyst and options trader sentiment has been bullish on SPOTSpotify Technology (NYSE:SPOT) is trading 2.1% higher before the open, following a bull note out of Barclays. The brokerage firm began coverage on the music streaming stock with an "overweight" designation and $210 price target, citing the company's growing paying subscriber base and strong user engagement, on top of the fact that Spotif...Read More

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More

Political situation.Public debt, poor banking sector and slow growth.What does it all mean for gold? The recent growth acceleration in the EU could distract attention from problems of the common bloc. Fortunately, you can always count on Italy. Whenever you start thinking that only a bright future is ahead of the union, the descendants of the proud Romans remind about themselves. Indeed, Italy foc...Read More

DUBLIN (Reuters) - The recent imposition of import duties by the U.S. and counter-measures by other countries have come at a “frustrating moment” when policymakers should be working on longer term issues, the head of the International Monetary Fund said on Tuesday.The IMF warned earlier this month that U.S. President Donald Trump’s protectionist trade policies, including the impo...Read More

LONDON (Reuters) - Oil prices steadied on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and escalating trade conflicts between the United States and other major economies.Brent crude LCOc1 was up 10 cents at $74.83 a barrel by 1045 GMT. U.S. light crude CLc1 was down 10 cents at $67.98.Brent, the global benchmark,...Read More

Bulls are exiting from “stale” positionsin gold futures, says INTL FCStone. The market is sliding and has lost theupward momentum from earlier in the year. INTL FCStone analysts say “we are quite surprised to see a big selloff hitting gold,”with prices falling to a six-month low. “The fact that the precious metal hasnot been moving higher despite falling global equiti...Read More

Bulls are exiting from “stale” positions in gold futures, says INTL FCStone. The market is sliding and has lost the upward momentum from earlier in the year. INTL FCStone analysts say “we are quite surprised to see a big selloff hitting gold,” with prices falling to a six-month low. “The fact that the precious metal has not been moving higher despite falling global eq...Read More

Gold puts up with the US Federal Reserve's seventh rate hike.Gold futures and spot investors have speculated to be cautious on Fed rate hikes, thus selling ahead of the hike announcement.Historical experience on Fed rate hikes has proven to be bullish for gold prices. Image source: Getty Images Investment Thesis The U.S. Federal Reserve showed optimism on the impact of the fiscal policy on the abi...Read More

Commerzbank is experimenting with artificial intelligence technology that automatically generates sports reports to see if it can write basic analyst notes, in hopes of eventually replacing human analysts.Read full newsRead More

LONDON (Reuters) - New Bank of England rate-setter Jonathan Haskel offered a more downbeat assessment of the British economy’s readiness for higher interest rates than the official he is due to replace, in comments that weighed on sterling on Tuesday.Haskel, a professor at Imperial College in London, pointed to persistently weak wage growth and said there could be more slack in the labor mar...Read More

BEIJING (Reuters) - China will remove import tariffs on animal feed ingredients including soybeans, soymeal and rapeseed from five Asian countries, the Ministry of Finance said on Tuesday, a sign Beijing is seeking alternative supplies of the commodities as a trade dispute escalates with the United States.China will drop tariffs on soybeans, soymeal, soybean cake, rapeseed and fishmeal originating...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump accused motorcycle maker Harley-Davidson Inc on Tuesday of using trade tensions over tariffs as an excuse to move production for European customers overseas.“Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, they were just using...Read More

(Reuters) - U.S. stock index futures were largely flat on Tuesday, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade spat between the United States and other major economies.Traders kept a close eye on General Electric (GE.N), which on Tuesday announced plans to spin off its healthcare business and divest its stake in oil-services company...Read More

(Reuters) - General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewable energy.The changes aim to reward battered shareholders and strengthen GE’s balance sheet by reducing debt, building up cash and further shrinking GE Capita...Read More