June 19, 2018 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the "Company") is pleased to provide an operations and drill results update regarding the Underground and Open Pit projects at its 100%-owned, fully-permitted Pumpkin Hollow Project in Nevada.HighlightsEarly Underground construction works ramping up:Early construction works continue to ramp-up at the Pumpkin Hollow Underground pro...Read More
Gold futures settled lower on Wednesday and marked a fresh nadir for 2018 as overall strength in dollar eroded appetite for the precious yellow metal. August gold GCQ8, +0.00% retreated by $4.10, or 0.3%, to settle at $1,274.50 an ounce. That was the lowest settlement for a most-active contract since Dec. 21. "The near-term path of least resistance remains lower right now as dollar strength rem...Read More
(Bloomberg) - .Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storageThe Series A funding is part of an $8 million commitment from Volta Energy Technologies and another backer, according to Conamix Chief Executive Officer Charles Hamilton. The company is developing cobalt-free...Read More
(Kitco News) - Gold pricesaremoderately lower and hit another six-month low in early-afternoon U.S. tradingWednesday. Silver prices are slightly lower and hit a four-week low. Thenear-term technical postures for both metals have deteriorated the past week,which is inviting the chart-based sellers into the futures markets. August Comex gold futures were last down $4.00 an ounce at $1,274.60. July C...Read More
(Kitco News) - Gold prices are moderately lower and hit another six-month low in early-afternoon U.S. trading Wednesday. Silver prices are slightly lower and hit a four-week low. The near-term technical postures for both metals have deteriorated the past week, which is inviting the chart-based sellers into the futures markets. August Comex gold futures were last down $4.00 an ounce at $1,274.60. J...Read More
BloombergFed Chairman Jerome Powell and European Central Bank President Mario Draghi talk during the spring meeting of the International Monetary Fund. The heads of several major central banks on Wednesday expressed alarm over the growing trade tensions in the world, warning it may push the global economy into the ditch. The European Union said earlier Wednesday it will implement tariffs on $3.2 b...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he would sign something “pre-emptive” soon to solve the problem of immigrant families being separated at the U.S. southern border, which has sparked outrage in the United States and abroad.It was not immediately clear what Trump, who had previously blamed the family separations on Democrats, would sign. An earlier rep...Read More
Richard LeongNEW YORK (Reuters) - The dollar was little changed on Wednesday, hovering near an 11-month peak against a basket of major currencies as China’s signal of a tolerance of a stronger yuan offset anxiety about the global trade conflict.The greenback, as well as the yen and Swiss franc, remained well supported as traders braced for possibly another round of tariffs.“The market...Read More
(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp (000063.SZ) (0763.HK), a White House spokeswoman said.The Trump administration moved to lift a ban on the company doing business with U.S. sup...Read More
SINTRA, Portugal (Reuters) - A developing trade war between the world’s biggest economies is already weighing on business confidence and could force central banks to downgrade their outlook, the world’s most powerful central bank chiefs argued on Wednesday.The United States has levied punitive tariffs on a number of its top trading partners, prompting retaliatory moves that threaten to...Read More
VIENNA (Reuters) - OPEC, which has lost Chinese market share to U.S. oil producers, should in theory view a tariff spat between Beijing and Washington as a boon.But while OPEC can sell more oil to China as a result of import tariffs on U.S. crude, in the long term the trade dispute could hit economic growth and oil demand, OPEC officials and oil executives said.“In the long term, this will h...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
PYPL stock hit a new high today, while SBUX has wallowed to a fresh lowStocks have given back their early morning gains, with the Dow Jones Industrial Average (DJI) dipping into the red and set to extend its daily losing streak to seven. While Walt Disney (DIS) shares continue to rise after the company's revised bid for Twenty-First Century Fox (FOXA) assets, the majority of Dow components are tra...Read More
(Reuters) - Starbucks Corp (SBUX.O) shares fell more than 8 percent on Wednesday after a disappointing sales forecast from the U.S. coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and in its next biggest market, China.Several analysts downgraded their ratings and cut their 12-month targets on Starbucks’ stock, after the company on Tuesday forec...Read More