Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More

RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average remains more than 1,800 points below its all-time high set on Jan. 26.The Dow and S&P 500 finished lower for a third straight session.The Nasdaq has declined for two straight days after a seven-session winning streak. Wall Street Overview Stocks finished lower on Wednesday, March 14, as investors debated...Read More

The latest news and price moves to start the Asian day on Thursday March 15.Base metals prices on the London Metal Exchange were on divergent paths at the close on Wednesday March 14, with copper driving higher while the rest of the complex retreated. Read more here in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has learned that Teck Resources ha...Read More

Bitcoin prices fell to the lowest levels in a month Wednesday after Google said it would ban ads for initial coin offerings and digital currency trading platforms as regulatory oversight in the global cryptocurrency market tightens. The move, which is set to take effect in June, follows a similar decision by Facebook and suggests regulatory pressures are starting to inhibit the marketing potenti...Read More

European stocks opened higher Wednesday, while Wall Street futures edged into positive territory after a softer session in Asia as investors grow increasingly concerned over the prospects of a global trade war following the firing of Rex Tillerson as U.S. Secretary of State and reports of new tariffs targeted specifically at China. Early indications from U.S. equity futures suggest a h...Read More

The latest news and price moves to start the Asian day on Thursday March 15.Base metals prices on the London Metal Exchange were on divergent paths at the close on Wednesday March 14, with copper driving higher while the rest of the complex retreated. Read more here in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has learned that Teck Resources ha...Read More

Is bitcoin a new stock market indicator?It would seem the one has nothing to do with the other.What is bitcoin’s P/E ratio?It has none.Its earnings per share?There aren’t any.Is its corporate management on the ball?It has no corporate management to speak of.As well compare apple to orange... fish to fowl... Paris, Texas, to Paris,France.But according to the Wall Street Journal:Investor...Read More

Buried far down on page 21 of the 2014 Berkshire Hathaway annual shareholder letter was an important warning from Warren Buffett:"Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford."Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made that confli...Read More

“Put your money where your mouth is!”That’s what my brother said to me when I challenged him to a March Madness basketball contest.Each year, we fill out a bracket for the big basketball tournament that kicks off tonight. And the winner gets bragging rights for the next year.Since I’m not much of a gambler, we’ll stick with our traditional one-dollar bet.But with that...Read More

The latest news and price moves to start the Asian day on Thursday March 15.Base metals prices on the London Metal Exchange were on divergent paths at the close on Wednesday March 14, with copper driving higher while the rest of the complex retreated. Read more here in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has learned that Teck Resources ha...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 disappointing 66-85-139. The TSX Venture Exchange fell one point to 827 while polished diamond prices fell 0.1 per cent. Toby Mayo's Far Resources Ltd. (FAT) jumped five cents 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 Reporter West Texas Intermediate crude for April delivery gained 25 cents to $60.96 on the New York Merc, while Brent for May gained 25 cents to $64.89 (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 $1.70 to $1,324.20 on Wednesday. The TSX Venture Exchange lost 1.77 points to 827.28 while the TSX Gold Index added 0.30 point to 184.15. Klondex Mines Ltd. (KDX) helped lead Canadian gold miners higher today, a...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 lost 1.77 points to 827.28 Wednesday. Paul Kelly's halted Corporate Catalyst Acquisition Inc. (CII: $0.20) is planning to acquire Anthony Lacavera's Globalive Technology Partners Inc. as its qualifying transact...Read More

Minera Salar Blanco, a joint venture that operates the Maricunga project together with Vancouver-based Bearing Lithium (TSXV:BRZ), has just received authorization from the Chilean Nuclear Commission to extract, produce and market lithium products from the Maricunga salar.According to a corporate press release, the authorization is for an extraction quota of 88,885 metric tonnes of metallic lithium...Read More

I recently returned from a hectic trip to Toronto for an annual mining industry investment conference known as PDAC. I met with 28 companies and spoke to dozens of investors. I expected to talk a lot about Lithium & Cobalt- how the sell-off in those sectors could be close to over, how demand forecasts keep rising in the face of uncertain long-term supply, etc.Although there were plenty of...Read More

Have you invested in Bitcoin, Ethereum, Litecoin, or any of the other hundreds of cryptocurrencies that have exploded into the market in recent years?As great as the perceived profits from cryptocurrencies are, the problem with these emerging investment types is that they are extremely volatile; thus, they can drop just as significantly as they appreciate. Bitcoin investors saw as the price of a B...Read More

Cameco Corp. (TSX:CCO)(NYSE:CCJ) if often referred to as a long-term investment option with significant potential. That view is based on the premise that the uranium market will eventually make a recovery and propel Cameco back towards profitability.That view has come under scrutiny in recent months, as concerns about Cameco's existing long-term contract book winding down and the state of the uran...Read More

I recently returned from a hectic trip to Toronto for an annual mining industry investment conference known as PDAC. I met with 28 companies and spoke to dozens of investors. I expected to talk a lot about Lithium & Cobalt- how the sell-off in those sectors could be close to over, how demand forecasts keep rising in the face of uncertain long-term supply, etc.Although there were plenty of...Read More