WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis said on Thursday the United States would “probably regret” not keeping a holding force in Syria to ensure that Islamic State militants did not re-emerge, the latest sign that a total U.S. withdrawal was unlikely.U.S. President Donald Trump on Tuesday said he wants to withdraw American troops from Syria relatively soon but also ap...Read More
Benchmark Treasury 10-year yields extend retreat from 3%Dollar touches another three-month high before pulling backU.S. Economy Expanded at 2.3% Pace in First QuarterMost U.S. stocks edged higher as the debate continued over whether better-than-forecast corporate earnings are enough to offset signs the economy may be cooling. Yields on benchmark Treasuries declined for a second day after reaching...Read More
Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More
Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More
Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More
FTSE 100 up 42.11 points at 7,421.43US trade deficit in goods drops for first time in 7 monthsIndustrialist Sanjeev Gupta to buy British arm of Diamond BankReports of another high street retailer PoundWorld facing shop closuresShell drags index lower The FTSE 100 index moved higher, but fell short of the boost seen in European markets, after Shell's results capped gains on the index.The FTSE...Read More
Canadian miner Agnico Eagle Mines Ltd on Thursday said it is planning to divest all of its cobalt assets in Canada and that it sold some gold interests in the United States.Agnico said it also started a strategic review on selling about 2,100 hectares of the Coleman and the South Lorrain cobalt-rich properties in Canada.The company sold its gold interests in Nevada to a unit of Newmont Mining Corp...Read More
Canadian miner Agnico Eagle Mines Ltd on Thursday said it is planning to divest all of its cobalt assets in Canada and that it sold some gold interests in the United States.Agnico said it also started a strategic review on selling about 2,100 hectares of the Coleman and the South Lorrain cobalt-rich properties in Canada.The company sold its gold interests in Nevada to a unit of Newmont Mining Corp...Read More
France's ERAMET said on Friday it will make an all-cash takeover bid for Australia's Mineral Deposits Ltd at A$1.46 a share, valuing the company at about A$288 million ($218 million).ERAMET said the offer, pitched at a 26 percent premium to Mineral Deposits' closing price on Thursday, would enable the full consolidation of the TiZir joint venture, in which each company has a 50 percent stake.The v...Read More
Gold, silver and platinum have closed lower today. However, gold is the only precious metal to have any kind of selling pressure. Traders have bid the precious yellow metal fractionally lower today (-$0.40). Both silver and palladium had fractional upside ticks in terms of the buy side of the equation. All four precious metals were weighed down today due to dollar strength. The net result was that...Read More
Gold, silver and platinum have closed lower today. However, gold is the only precious metal to have any kind of selling pressure. Traders have bid the precious yellow metal fractionally lower today (-$0.40). Both silver and palladium had fractional upside ticks in terms of the buy side of the equation. All four precious metals were weighed down today due to dollar strength. The net result was that...Read More
Chilean Finance Minister Felipe Larra?-n and his Mining counterpart Baldo Prokurica said today that the government that came to power in March will ensure state copper giant Codelco receives capital incentives so that it can continue to grow.Following Codelco's annual shareholder meeting, Larra?-n and Prokurica said the new capitalization process and the amount that will be provided have to be def...Read More
Amazon, Intel, and Microsoft rallied ahead of earningsA solid day of earnings sent U.S. stocks highertoday, with the Dow managing its second day of gains. Among the big earnings winners were Facebook (FB), Advanced Micro Devices (AMD), and Visa (V), the latter of which paced the blue-chip rally. Tech stocks also enjoyed a rebound, with Intel (INTC), Amazon (AMZN), and Microsoft (MSFT) slated to re...Read More
Morning Market Breakdown, April 26: After a tumultuous Wednesday for some major indexes, both Bay Street and Wall Street glided into the green on Thursday.Read full newsRead More
James Barder, chief executive of Futura Medical PLC (LON:FUM), tells Proactive they've begun preparatory work on the first Phase III efficacy trial for MED2002 - their topical gel for erectile dysfunction (ED).The study will recruit approximately 1,000 patients with mild, moderate and severe ED and compare the efficacy of 0.2%, 0.4% and 0.6% GTN doses of MED2002 against that of the placebo. ...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump distanced himself on Thursday from the legal troubles of his longtime personal attorney Michael Cohen, saying he had done nothing wrong and Cohen did only fraction of his overall legal work.“This doesn’t have to do with me. Michael is a businessman. He’s got a business. He also practices law,” Trump said in an interview wit...Read More
Nickel Tips today – Buy Nickel at CMP 933.50 for Target 940 – 946 with Small SL below price 926.50AFTER POST CONTENT Read More
Aluminium Carry – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.70 – 149.20. Trade with 2 lotsAFTER POST CONTENT Read More
SAN FRANCISCO (Reuters) - Investors are accustomed to the bold promises of Tesla Inc’s (TSLA.O) Elon Musk, but his assertion that the electric vehicle maker will not need more funds this year has many scratching their heads. How can the chief executive deliver on his many goals without a fresh infusion of outside cash?The California-based Tesla faces a crucial time in its 15-year history. Pr...Read More
Cowen, Guggenheim, and Canaccord Genuity all upgraded CMGThe U.S. stock market is soaring today, thanks to a strong batch of corporate earnings reports. Included in the bunch are burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG), electronic payments processor PayPal Holdings, Inc. (NASDAQ:PYPL), and chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD). Here's a closer look at how shares of CMG,...Read More