Polish copper producer KGHM said it expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18 percent next year from current levels.State-run KGHM acquired Chilean and Canadian copper deposits in 2011 when it bought Canada's Quadra FNX for $2 billion, the largest ever foreign acquisition by a Polish company.But a subsequent fall in copper prices and technical issues in sta...Read More
Polish copper producer KGHM said it expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18 percent next year from current levels.State-run KGHM acquired Chilean and Canadian copper deposits in 2011 when it bought Canada's Quadra FNX for $2 billion, the largest ever foreign acquisition by a Polish company.But a subsequent fall in copper prices and technical issues in sta...Read More
The gold and silver bars fell out of the plane after the hatch door broke during take off.Read full newsRead More
Chile's Codelco, the world's top copper producer, reaped the benefit of climbing prices for the red metal last year even as production costs rose, and is ready to post a profit of $2.88 billion for 2017, the company's chairman has revealed.Speaking to investors and students at the Faculty of Economics and Business at the University of Chile, Oscar Landerretche said Thursday the preliminary results...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average's rise on Thursday followed three straight lower sessions.Even with its slight decline on Thursday, the S&P 500 has risen more than 2% so far in 2018.The Nasdaq fell for its third-straight decline after a seven-session winning streak. Wall Street Overview Stocks were mixed on Thursday, March 15, as inves...Read More
The latest news and price moves to start the Asian day on Friday March 16. Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday March 15, apart from zinc and lead. Read more in our live futures report. Here are how LME prices looked at Thursday's close:Norwegian ferro-silicon producer Finnfjord Smelteverk plans to cut about 5,000 tonnes of production...Read More
The latest news and price moves to start the Asian day on Friday March 16. Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday March 15, apart from zinc and lead. Read more in our live futures report. Here are how LME prices looked at Thursday's close:Norwegian ferro-silicon producer Finnfjord Smelteverk plans to cut about 5,000 tonnes of production...Read More
Warren Buffett is one of the most successful investors of all time, and there have been countless articles, books, and studies written about his approach to building wealth.But if you asked me to break down his philosophy into three simple ideas, this is how I would do it...Buffett-ism #1:Seek out cash cows.It's no secret that Buffett loves insurance companies.But why does he love them so much? Be...Read More
Time and time again, history has shown us that the places to invest are not in securities that have already experienced a great run. In fact, history has proven that those are the places to avoid.A little walk down memory lane proves this point:1999 technology stocks were booming - but terrible investments.2006 real estate was where the easy money was made - but a terrible investment.2008 oil was...Read More
Investing.com - Gold prices held steady on Thursday, hovering close to one-week highs as the previous session's mixed U.S. data and political turmoil in Washington continued to pressure the dollar and support safe-haven demand.Comex gold futures were little changed at $1,325.9 a troy ounce by 03:00 a.m. ET (07:00 GMT), just off the previous session's one-week peak of $1,330.5.Sentiment on the gree...Read More
The latest news and price moves to start the Asian day on Friday March 16. Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday March 15, apart from zinc and lead. Read more in our live futures report. Here are how LME prices looked at Thursday's close:Norwegian ferro-silicon producer Finnfjord Smelteverk plans to cut about 5,000 tonnes of production...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 Thursday was a mediocre 74-87-129. The TSX Venture Exchange rose fractionally to 828 while polished diamond prices rose 0.1 per cent. Chris Taylor's -- and increasingly, Chuck Fipke's -- Dunnedin...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 Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained 23 cents to $61.19 on the New York Merc, while Brent for May gained 23 cents to $65.12 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.55 to...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 Stockwatch Business ReporterNew York spot gold lost $8.50 to $1,315.70 on Thursday. The TSX Venture Exchange rose 0.80 point to 828.08 while the TSX Gold Index slipped 0.86 point to 183.29. Klondex Mines Ltd. (KDX) led Canadian gold miners lower today, slumping 2...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 Stockwatch Business ReporterThe TSX Venture Exchange closed up a fraction to 828.08 Thursday.Mohammad Fazil has filed a preliminary prospectus to list his second capital pool shell, Elephant Hill Capital Inc.The shell plans to sell a $300,000 to $500,000 initial...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 Mike CaswellBarkerville Gold Mines Ltd. denies that it did anything wrong in terminating contracts it had with a company belonging to its former president, Frank Callaghan. Barkerville claims that it ended the contracts in accordance with their terms. As such, it...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 Mike CaswellBDO Canada LLP and two other auditing firms have agreed to pay $390,362 in sanctions to settle allegations that their audits of a Canadian company circumvented the oversight of the Public Company Accounting Oversight Board. (All figures are in U.S. do...Read More
A 'An-12' airplane taking off after refuelling at an airport in Siberia lost almost 172 bars of gold/silver dore that fell to the ground after breaking through the loading bay fuselage. The bars, which originally came from Kinross' Kupol mine in Chukotka, northeastern Russia, weighted 20 kilos each and ended up scattered on the runway and the fields that surround the airport.According to local med...Read More
Visionary thinker and best-selling author John Mauldin will be one-on-one with Hedgeye Founder/CEO Keith McCullough to discuss how risky central bank policies, escalating Chinese debt, and geopolitics might adversely affect financial markets. Don't miss this special "Real Conversation" between two of the sharpest minds in finance.John Mauldin is a renowned financial expert, a New York Times best-s...Read More
Every investor wants to own stocks that don't just rise with the market but beat it in the long run. When the market falls, such stocks may not fall as much; and if they do, they are likely to recover quickly. Net effect: you end up with big returns over time.Waste Connections Inc. (TSX:WCN)(NYSE:WCN), Shopify Inc. (TSX:SHOP)(NYSE:SHOP), and Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) are beating...Read More