Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts recently said, after Leagold Mining Corp (TSX: LMC) unveiled a $264 million bid for fellow Canadian gold miner Brio Gold Inc., according to Thomson Reuters.Six years after the last mining boom ended with billions of dollars in writedowns following over-priced mega-acquisitions, miners remain wary of bi...Read More
Officials cited 'substantial underlying economic momentum'Several cautioned about 'imbalances in financial markets'Bloomberg's Chris Condon reports that Fed officials are growing more positive on the economy.U.S. central bankers sent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this y...Read More
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts recently said, after Leagold Mining Corp (TSX: LMC) unveiled a $264 million bid for fellow Canadian gold miner Brio Gold Inc., according to Thomson Reuters.Six years after the last mining boom ended with billions of dollars in writedowns following over-priced mega-acquisitions, miners remain wary of bi...Read More
Gold and Silver Shine Bright for InvestorsGold is burnishing its allure to investors in the wake of the recent market turmoil.Investors piled into VanEck’s Vectors Gold Miners exchange-traded fund last week to the tune of $529 million, the most since September 2013. The ETF holds shares of mining companies including Newmont Mining Corp. and Barrick Gold Corp. Gold meanwhile rallied after tw...Read More
Jack ChanPosted Feb 21, 2018GLD – on sell signal.***SLV – on sell signal.***GDX – on sell signal.***XGD.TO – on sell signal.***CEF – on sell signal.***GDXJ – on sell signal.***Speculation is in bull market values.Data is supportive for overall higher prices.This is a massive bottoming pattern four years in the making.SummaryLong term – on major buy signal....Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow has declined 1% or more five times in 2018, more than all of 2017.After Wednesday's close the Dow remains more than 1,800 points below its record high set on Jan. 26.After Wednesday's close the S&P 500 remains more than 170 points below its record higher set on Jan. 26. Wall Street Overview Stocks initially jumped higher&nbs...Read More
Bloomberg dollar index rises for fourth day on higher yieldsS&P 500 falls for second day after erasing gain of 1 percentThe risk of a recession is rising as central banks go too far on rate hikes, Saxo Bank's Steen Jakobsen says.U.S. stocks erased gains to end lower for a second day, while the dollar jumped with Treasury yields on speculation that the pickup in inflation signaled by data since the...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
"The continued presence of the U.S. Navy in the Black Sea demonstrates our enduring commitment to regional stability, maritime security of our Black Sea partners, and the Continue...Read More
Economic activity in the Eurozone slowed modestly this month, according to private sector data published Tuesday, as countries around the world adjust to the reality of a weaker U.S. dollar and persistently low inflation. IHS Markit's closely-watched Composite PMI index slipped to 57.5 in February, the group said, down from a final January tally of 58.8 but firmly above the 50-point mark t...Read More
The latest news and price moves to start the Asian day on Thursday February 22.Nickel was again the star performer on the London Metal Exchange at the 5pm close on Wednesday February 21, ending with gains of around 2%. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:International miners active in the Democratic Republic of Congo are in wait-and-see mode aft...Read More
Turkey is a beautiful country with a rich history including Greek, Roman and Muslim influences that make it one of the most fascinating places on Earth. It is literally a bridge between East and West: The mile-long Bosporus Bridge just north of Istanbul connects Europe and Asia across the Bosporus Strait.Turkey has been a magnet for direct foreign investment from abroad and dollar-denominated loan...Read More
$2.8 million in just 48 hours.That's how much one investor made just last month.Was it luck? Or did he know something most didn't?Either way, there is no denying this person had great timing...There’s no better feeling than a well-timed trade.If you can master timing, you can generate bigger returns.You’ll have more confidence in pulling the trigger and putting more money behind those...Read More
Amazon upending brick and mortar retail is the worst-kept secret on Wall Street.We all know how Jeff Bezos' mall-crushing romp has forced investors to ditch vulnerable retail plays as the sector continues to slide.But lately, we've seen signs of life from some well-established traditional retailers. The old-school stores that have successfully built their online offerings to compete with Amazon ha...Read More
The biggest blockchain stock explosion of 2018 is set to erupt, unleashing a tsunami of wealth for investors.Blockchain stocks are just like bitcoin when it was first invented.But while bitcoin has already matured, the demand for blockchain technologies has only just begun.Any company investing heavily in blockchain technology will skyrocket as we watch the tech transform our technological landsca...Read More
“Zach, our biggest challenge here is that there’s simply no way to exit!“No, this wasn’t one of those “escape room” games where you try to solve clues to win the challenge.This was a conversation with my new friend Chris - who has found himself trapped in an increasingly risky situation.Fortunately for Chris, there’s help on the way.And fortunately for you...Read More
Only three of gold's Five Factors support its near-term trend.Silver price also hasn't confirmed latest gold rally.Gold's important safety bid is still apparent, however.Gold remains stuck in a 4-week lateral trading range as it seeks to consolidate the gains it achieved in the run-up to late January. As we'll discuss in this commentary, gold's immediate-term technical underpinning isn...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a mediocre 74-84-132. The TSX Venture Exchange fell four points to 828 while polished diamond prices were flat. Lukas Lundin's Lucara Diamond Corp. (LUC) lost 15 cents to $2.20 on 1...Read More