President Trump announcedintentions to pull out of the Iran deal Tuesday, which caused some volatilityin all markets. Equities whipped around only to close near the unchanged line.Oil got clobbered but cut most of the losses and is back on four-year highs,and gold failed at $1,318.It's obvious that gold has someissues to deal with and is headed lower. Throughout much of the recentuncertainty when...Read More
There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More
(Kitco News) - Kinross Gold Corp. (TSX:K, NYSE: KGC) reported a rise in its adjusted first-quarter profit late Tuesday,with revenues rising on higher sales and a higher gold price.Net earnings came in at$106.1 million, or 9 cents per share, down from $134.6 million, or 11 cents, inthe first quarter of 2017. However, excluding special items, adjusted netearnings of $125.2 million, or 10 cents, were...Read More
Beijing's new missile deployment to contested land features has tilted the maritime area's balance of power in its favor. Will the US respond?Read full newsRead More
Mr. Rudi Fronk reportsSEABRIDGE DISCOVERS NEW GOLD ZONES AT COURAGEOUS LAKESeabridge Gold Inc.'s winter drilling at its 100-per-cent-owned Courageous Lake project has successfully identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake deposit discovered by Seabridge in 2012.This year's dri...Read More
Mr. Rudi Fronk reportsSEABRIDGE DISCOVERS NEW GOLD ZONES AT COURAGEOUS LAKESeabridge Gold Inc.'s winter drilling at its 100-per-cent-owned Courageous Lake project has successfully identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake deposit discovered by Seabridge in 2012.This year's dri...Read More
World's largest mortgage bankers- Fannie Mae and Freddie Mac, would soon go bankrupt.No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for ne...Read More
How the S&P performs leading up to midterm electionsMidterm elections are approximately six months away. For those unfamiliar, midterms are in even-numbered years where there is not a presidential election. All 435 members of the House of Representatives are up for election, and about a third of the 100 Senate seats. This year, Democrats are expected to pick up a lot of seats in Congress, but that...Read More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
(Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.)TORONTO, May09, 2018(GLOBE NEWSWIRE) -- Primero Mining Corp. ("Primero" or the "Company") (TSX:P) today announced that First Majestic Silver Corp. ("First Majestic") (TSX:FR) (NYSE:AG) (Frankfurt:FMV) has received antitrust clearance from the Comisi??n Federal de Competencia Econ??mi...Read More
(Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.)TORONTO, May09, 2018(GLOBE NEWSWIRE) -- Primero Mining Corp. ("Primero" or the "Company") (TSX:P) today announced that First Majestic Silver Corp. ("First Majestic") (TSX:FR) (NYSE:AG) (Frankfurt:FMV) has received antitrust clearance from the Comisi??n Federal de Competencia Econ??mi...Read More
Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company."[The sale] is progressing well," the company's chief financial officer, Wayne Ric...Read More
Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company."[The sale] is progressing well," the company's chief financial officer, Wayne Ric...Read More
* Dollar eases off 2018 peak after U.S. data * Rising U.S. Treasury yields also pressure gold * Spot gold may revisit May 1 low $1,301.51/oz -technicals (New throughout, updates prices, market activity and comments;adds second byline and NEW YORK dateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, May 9 (Reuters) - Gold prices dipped onWednesday as safe-haven buying failed to kick in after...Read More
AngloGold Ashanti Ltd. remains upbeat on its African assets even as new mining rules threaten profits at two of the company's key mines.Read full newsRead More
Bitcoin Gold (BTG) Faces Challenge of ASIC Mining, Considers ResistanceRead full newsRead More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
A foreign-backed miner has sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, according to a lawsuit filed in March that will be carefully watched by potential investors being courted by the country's new government.The little-known and remote Maricunga salt flat is far smaller than the expansive Salar de Atacama, where top lithium producers Albemarle...Read More