Bridging from breast cancer into brain cancer, there are some highly enticing footholds in this year's data.Watch out for Bayer in the brain!ASCO continues to offer an interesting look at the future for all kinds of companies.The 2018 Annual Meeting of the American Society of Clinical Oncology (ASCO 2018) is upon us, and it's about as close to Christmas as I get in my line of work. There's so...Read More
(Reuters) - U.S. stock market futures steadied on Friday, helped by a measured response by North Korea to President Donald Trump’s cancelling of a planned summit, while a slump in oil prices pressured energy stocks.North Korea said it was still open to talks with the United States, saying it hoped the “Trump formula” could resolve the standoff over its nuclear weapons program.The...Read More
ST PETERSBURG, Russia (Reuters) - Russian President Vladimir Putin said on Friday that some countries were using sanctions as part of their trade policy and complained that protectionism was on the rise globally.Putin, speaking at an economic forum in St. Petersburg, said the rules of global trade were being undermined.Reporting by Chistian Lowe and Katya Golubkova; Writing by Maria Tsvetkova; Edi...Read More
(Reuters) - New orders for key U.S.-made capital goods increased more than expected in April and shipments rebounded, suggesting business spending on equipment was picking up after slowing down at the end of the first quarter.The Commerce Department said on Friday that orders for non-defense capital goods excluding aircraft, a closely-watched proxy for business spending plans, jumped 1.0 percent l...Read More
BRUSSELS (Reuters) - France and Germany are working to define a common roadmap on the future of the euro zone and its banking reforms to be presented at the meeting of European Union leaders in June, the French Finance Minister said on Friday.“You can rely on the full determination of two countries to find the compromise on an overall roadmap about the future of the eurozone,” Bruno Le...Read More
(Kitco News) -Gold prices eased marginally after a Commerce Department reportThursday showed that U.S. orders for durable goods fell by 1.7% during April. Comex June gold was last down $1.50 to $1,302.90 an ounce. Consensus expectations compiled by various news organizationscalled for durables to be around 1% to 1.2% lower. The decline came on theheels of two straight monthly increases. Exclu...Read More
(Kitco News) - Gold prices eased marginally after a Commerce Department report Thursday showed that U.S. orders for durable goods fell by 1.7% during April. Comex June gold was last down $1.50 to $1,302.90 an ounce. Consensus expectations compiled by various news organizations called for durables to be around 1% to 1.2% lower. The decline came on the heels of two straight monthly increases....Read More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More
(Kitco News) - Gold and silver pricesare trading near steady in early U.S. trading Friday, as somechart consolidation is featured after the bulls have had a good week. Don’t besurprised to see some upside price action by the end of the day, heading into athree-day U.S. holiday weekend-and with geopolitics back on the front burner. June Comex gold futures were last down $0.50 an ounce at $1,3...Read More
Centamin Plc(LSE: CEY; TSX: CEE), which operates the Sukari Gold Mine in Egypt, has trimmedits production forecast for 2018. The company says open-pit tonnage is ahead ofschedule but grades are below budget. Also, underground output is 10% below itsforecast. “As a result of persisting lowgrades from the transitional zone in the open pit, combined with lowerdevelopment grade from undergroun...Read More
Centamin Plc (LSE: CEY; TSX: CEE), which operates the Sukari Gold Mine in Egypt, has trimmed its production forecast for 2018. The company says open-pit tonnage is ahead of schedule but grades are below budget. Also, underground output is 10% below its forecast. “As a result of persisting low grades from the transitional zone in the open pit, combined with lower development grade from unde...Read More
ST PETERSBURG/DUBAI (Reuters) - Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC’s chief said a complaint from U.S. President Donald Trump over high prices had triggered the idea of upping output.Riyadh and Moscow are prepared to ease output cuts to calm consumer worries about supply adequacy, their ener...Read More
BERLIN (Reuters) - German business confidence held steady in May after falling for five straight months, a survey showed on Friday, suggesting company executives in Europe’s biggest economy are keeping their cool despite the possibility of a global trade war.The Munich-based Ifo economic institute said its business climate index held steady at 102.2 after revising up the April reading from a...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Atalaya's profits, revenues up in solid March quarterRead full newsRead More
LONDON (Reuters) - World shares steadied and the dollar resumed its rise on Friday after a wobble caused by U.S. President Donald Trump’s decision to cancel a summit with North Korea, though political risk put Italian markets on track for heavy weekly losses.Equity futures signalled a firmer opening for Wall Street.Markets were soothed by Pyongyang’s measured response to Trump’s...Read More
MADRID, May 25 (Reuters) - Spain’s socialist leader Pedro Sanchez on Friday said it would call a snap election if his party was to win the no confidence vote it put forward against Prime Minister Mariano over a graft case involving members of his People’s Party.“Our motion of confidence has been put forward to form a socialist government and recover political and institutional no...Read More
LONDON (Reuters) - Italy’s bond yield spread over its German equivalent stretched to its widest for nearly a year on Friday and the spread over Spain hit crisis-era levels on fears over the spending policies and eurosceptic outlook of the incoming Italian government.The closely watched Italy-Germany 10-year spread, seen by many investors as a proxy for sentiment towards the euro zone, widene...Read More
GOMA, Congo, May 24 (Reuters) - Mai Mai militia attacked Banro Corp's east Congo Namoya gold mine for the second time in less than a year on Thursday, a Banro geologist at the mine said, adding that four were wounded in the ensuing fire fight.Geologist Bienfait Mukelo said the militia tried to enter the compound and seize some expatriate staff as hostages, but they were repelled in a fire fight wi...Read More