The Federal Reserve voted Wednesday to approve a rate increase and indicated two more are coming this year, bringing the total to four. However, futures traders give the fourth hike just a little better than half a chance of happening. The doubt is fueled over whether the U.S. growth path can continue and if the Fed will want to continue to tighten while its global counterparts remain loose. Jeff...Read More
The average annual pay for expatriate exploration manager working in Colombia is US$170,000 per year, while the same job for locals pays $76,100.Data was compiled in CostMine's 2014 International Compensation Guidelines for Mining Exploration.Only in Chile was the pay trend reversed. The average annual salary for nationals was $133,800 compared to $130,500 for expatriates.Exploration manager pay f...Read More
The average annual pay for expatriate exploration manager working in Colombia is US$170,000 per year, while the same job for locals pays $76,100.Data was compiled in CostMine's 2014 International Compensation Guidelines for Mining Exploration.Only in Chile was the pay trend reversed. The average annual salary for nationals was $133,800 compared to $130,500 for expatriates.Exploration manager pay f...Read More
Tuolumne County supervisors may refinance a $6 million bond issued in 2006 to pay for cleaning up a former mine west of Jamestown that has become a money pit for taxpayer dollars despite once producing some 21 tons of gold. The county Board of Supervisors is scheduled to hold aRead full newsRead More
Pogo Mine officials say the company may extend the life of the mine northeast of Delta Junction if exploration they're conducting this summer confirms the presence of potentially rich gold deposits.Read full newsRead More
A company conducting exploratory drilling for gold near Rochford in the Black Hills is now buying water for the project from the city of Lead.Read full newsRead More
LONDON, UK / ACCESSWIRE / June 15, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Detour Gold, Silvercorp Metals, McEwen Mining, and Torex Gold Resources.The S&P/TSX Composite Index progressed 63.14 pointsRead full newsRead More
Try a near-the-money, bullishly biased vertical call spread on this precious metals miner.Read full newsRead More
The scramble to create wagering-based programming will turn unknowns into stars - so long as those unknowns show they know what they're talking about.Read full newsRead More
Here Are 4 Hot Things to Know About Stocks Right Now The U.S. imposed tariffs on about $50 billion in imports from China.The Dow Jones Industrial Average dropped by 85 points on Friday, falling for the fourth straight session.AT&T Inc. (T) closed the $85.4 billion purchase Time Warner Inc. (TWX) .For the week the Dow fell 0.89%, the S&P 500 rose 0.01% and the Nasdaq climbed...Read More
Adam HamiltonArchivesJun 15, 2018 Gold weathered the Federal Reserve's 7th rate hike of this cycle this week. Gold-futures speculators and to a lesser extent gold investors have long feared Fed rate hikes, selling ahead of them. Higher rates are viewed as the nemesis of zero-yielding gold. But contrary to this popular belief, past Fed rate hikes have proven very bullish for gold. This latest hike...Read More
The Friday Market Minute President Donald Trump is reportedly set to impose additional tariffs on about $50 billion in imports from China.Wall Street futures point to a negative opening, with the Dow Jones expected to fall 146 points when markets open.The dollar index reaches the highest point of the year.European markets are mostly down Market Snapshot Global markets wobbled o...Read More
Investing.com – Gold prices fell on Friday as the dollar strengthened.Gold futures for?EUR?August?EUR?delivery on the?EUR?Comex?EUR?division of the New York Mercantile Exchange were?EUR?down $3.6, or 0.28%, to $1,304.70?EUR?a troy ounce by 1:15 PM ET (05:15?EUR?AM GMT).There was some support in gold prices earlier in the day after the European Central Bank (ECB) policy announcement struck a...Read More
(Bloomberg) -- If mining companies are as bothered by Trump’s tariffs as investors appear to be, they’re not saying.A full-out trade war between the U.S. and China could negatively affect the metals and mining sector in several ways. China could respond to Friday’s U.S. tariffs by cutting imports of raw materials, hurting corporate revenue and weighing on metals prices.If it also...Read More
* FTSE 100 down 1.5 pct* $50 bln U.S. tariffs on Chinese imports end post-ECB rally* Miners, oil majors, bank stocks sink* Rolls Royce revs up 7.6 pct to 4-year high* Tesco up 2 pct on sales results* Indivior sinks 20 pct on generic drug threat (Updates prices, adds details, quotes)By Helen ReidLONDON, June 15 (Reuters) - An escalating U.S.-China trade spat sent UK stocks tumbling on Friday, sin...Read More
Investing.com - Gold prices slid in midmorning trade on Friday, hitting its lowest level so far this year despite news that the U.S. was pushing forward with tariffs on an additional $50 billion in Chinese goods.At 10:47AM ET (14:47GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell $25.70, or 2.0%, to $1,282.60 a troy ounce. That was close to an i...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 0.5 pct* Set for strongest in five weeks* Rolls Royce revs up 10 pct to 4-year high* Tesco up 2 pct on sales results* Indivior sinks 16 pct on generic drug threatBy Helen ReidLONDON, June 15 (Reuters) - Rolls-Royce was the bright spot on a falling FTSE 100 on Friday as energy and banking stocks tumbled, while...Read More
Investing.com - Gold prices traded lower in morning European trade but remained on track to register a second consecutive weekly gain as investors waited for U.S. President Donald Trump to approve tariffs on goods on Chinese goods worth about $50 billion.At 3:51AM ET (7:51GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell $4.80, or 0.4%, to $1,303...Read More
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We all wish we could be rich, right?But in order to get there, it's about more than just wanting it or crossing your fingers and hoping it will happen.If your goal is to achieve your own financial freedom one day, you are going to need to need a strategy to help get you there.The five tips below are proven approaches to help investors build wealth.Try following them in your own portfolio, and hope...Read More