Recent News

Silver's poised to outpace gold this year

March 05, 2018 / www.marketwatch.com

Silver didn't get the push it needed to outpace the rise in gold last year, as some analysts had expected, but good things come to those who wait. "Many of silver's key drivers that painted a bullish picture last year are still in play for 2018, particularly rising inflationary pressures and a weaker U.S. dollar," says Maxwell Gold, director of investment strategy at ETF Securities. Even so, silve...Read More

Target Stock Holds Chart Support Ahead of Earnings

March 05, 2018 / www.schaeffersresearch.com

Retail earnings are back in full swing, with Target Corporation (NYSE:TGT) set to report fourth-quarter earnings tomorrow morning. Overall, Target stock has had a good year, gaining 30% over the past 12 months,touching an annual high on Jan. 23 of $78.70. Shares of TGT were 0.1% lower to trade at $75.09 at last check, but are maintaining their foothold atop the recently supportive 50-day moving av...Read More

Italy's Renzi quits as centre-left leader after election drubbing

March 05, 2018 / www.kitco.com

ROME (Reuters) - Former Italian prime minister Matteo Renzi resigned on Monday as leader of the centre-left Democratic Party (PD) after a bruising defeat in a national election.The PD took just under 20 percent of the vote in Sunday’s ballot, its worst result since its creation in 2007, despite presiding over a modest recovery in the euro zone’s third-largest economy.Beaten by the anti...Read More

AppScatter teams up with Airpush in exciting new partnership

March 05, 2018 / www.proactiveinvestors.co.uk

Jason Hill, sales director at AppScatter Group PLC (LON:APPS), tells Proactive they're hugely excited to be signing their first major partnership deal since listing on AIM last September.The deal with Airpush will see them promote appScatter's platform to their clients in return for 10% of the revenues generated by the collaboration.  Meet Scancell Holdings Plc, Advanced Blast & Ballistic Sys...Read More

Gold surrenders early gains, weighed down by a modest USD rebound

March 05, 2018 / www.fxstreet.com

   •  USD selling abates and prompts some fresh selling.    •  Fading safe-haven demand adds to the downward pressure.   •  Sliding US bond yields help limit further downside. Gold surrendered a major part of its daily gains to multi-day tops and is currently placed in the neutral territory, around $1223 area. Bulls struggled to pres...Read More

Union Jack Oil sees 'game-changing upside' in Biscathorpe after upping stake

March 05, 2018 / www.proactiveinvestors.co.uk

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO) tells Proactive the company's increased its stake in the drill-ready Biscathorpe prospect ahead of an exploration well in mid-2018.The deal was agreed in tandem with Humber Oil & Gas, a private company, which is teaming up with Union Jack through a new commercial tie-up focused on acquisitions.  Meet Scancell Holdings Plc,...Read More

Trump ups trade pressure on Canada, Mexico; senior Republicans urge rethink

March 05, 2018 / www.kitco.com

Trump ups trade pressure on Canada, Mexico; senior Republicans urge rethink Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purpo...Read More

BC mining and exploration sees resurgence after years of stagnation

March 05, 2018 / www.mining.com

(Vancouver, 5 March 2018) - British Columbia's mineral and coal exploration industry grew last year for the first time since 2012, according to the second annual British Columbia mineral and coal exploration survey conducted by EY, the Government of British Columbia's Ministry of Energy, Mines & Petroleum Resources (EMPR) and the Association for Mineral Exploration British Columbia (AME).The surve...Read More

Global stocks rise as trade war fears recede; oil rallies

March 05, 2018 / www.kitco.com

Global stocks rise as trade war fears recede; oil rallies By Kitco News For Kitco NewsFollow @kitconewsnownews@kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This...Read More

Turnaround continues in global mining industry - MAC

March 05, 2018 / www.mining.com

OTTAWA, March 5, 2018 - The year 2017 brought with it upward pressure on mineral and metal prices, returning a cautious optimism to the global mining industry. Pending the right conditions, Canada could seize significant growth opportunities in mining in the years ahead, according to the Mining Association of Canada's (MAC) latest report on the health of the sector."The report concludes that ther...Read More

Study Says It's Not Too Late to Buy Options For VRTX Stock

March 05, 2018 / www.schaeffersresearch.com

Drug stock Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) is trading up 0.6% today at $171.16 thanks to a price-target hike to $200 from $195 at Maxim. This puts the shares on pace for their second ever close atop $170, the first coming on Feb. 1 when VRTX touched an all-time high of $174.96 after the company's promising earnings release. The equity is now up over 14% on a year-to-date basis, a...Read More

2 Chip Stocks Seeing Heavy Options Volume

March 05, 2018 / www.schaeffersresearch.com

QUALCOMM, Inc. (NASDAQ:QCOM) is in the news today, after a U.S. security panel asked the company to delay tomorrow's annual shareholder meeting in order to review Broadcom's (AVGO) proposed buyout bid. Fellow chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) is also in focus after Northland Capital assumed coverage with an "outperform" rating and $16 price target, and options volume for both chi...Read More

Ashtead set for Hurricanes and tax cuts boost

March 05, 2018 / www.proactiveinvestors.co.uk

Equipment rental company Ashtead Group PLC (LON:AHT) has been benefiting from Donald Trump's tax cuts and an increase in demand after hurricanes in the US.Ashtead, which reports its third quarter results on Tuesday, has been involved in the rebuilding efforts after hurricane Harvey, Irma and Maria struck southern US and the Caribbean.The need for emergency equipment boosted revenues in the first h...Read More

Canada, Mexico push back on Trump's 'fair' NAFTA deal suggestion

March 05, 2018 / www.kitco.com

MEXICO CITY (Reuters) - Canada and Mexico on Monday pushed back against President Donald Trump’s suggestion that steel and aluminum tariffs could be waived if they signed a new and“fair” NAFTA deal, setting the stage for a tense end to the latest talks to update the trade pact.The two U.S. trading partners have threatened retaliation unless they are exempted from the planned tari...Read More

The mineral exploration roadmap

March 05, 2018 / www.mining.com

Story by Jeff DesjardinsCourtesy of: Visual CapitalistThere is nothing more exciting than making some type of discovery.Discoveries can come in many forms - they can be physical, scientific, personal, or even philosophical in nature. But while there are different types of discoveries that can be made, perhaps the most tactile kind of discovery is in the field of mineral exploration.The discovery o...Read More

Dow Swings Higher After ISM Data

March 05, 2018 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJI) was down more than 150 points at its session low, but has since erased these earlier losses at it looks to avoid a fifth straight drop -- which would mark its longest daily losing streak since last March. Traders have been spooked by concerns over a potential trade war, with recent tweets from President Donald Trump only adding to the uncertainty. However, b...Read More

U.S. service sector activity slows a bit; orders hit 12-1/2-year high

March 05, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. services sector activity slowed modestly in February, held back by a sharp pull back in hiring, but a surge in new orders to a 12-1/2-year high pointed to underlying strength.The Institute for Supply Management (ISM) said on Monday its non-manufacturing activity index slipped 0.4 point to a reading of 59.5 last month. A reading above 50 indicates expansion in the sector...Read More

UK firm pilots using blockchain to help BMW source ethical cobalt

March 05, 2018 / www.mining.com

LONDON, March 5 (Reuters) - Automaker BMW is working with a London-based start-up to use transaction-recording technology blockchain to prove batteries for its electric vehicles will contain only clean cobalt, the start-up's CEO said.The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by ch...Read More

Gold, Silver Take Back Seat To Base Metals, Cobalt Zinc At PDAC 2018

March 05, 2018 / www.kitco.com

(Kitco News)- The mining and commodity sector is seeing investor sentimentpick up, but the focus is more on growing momentum in base metals with littleinterest in precious metals, according to the latest comments during the 2018Prospectors & Developers Association of Canada (PDAC) convention.While presentations were standing room only duringpresentations on commodities like zinc, copper and co...Read More

Gold, Silver Take Back Seat To Base Metals, Cobalt Zinc At PDAC 2018

March 05, 2018 / www.kitco.com

(Kitco News) - The mining and commodity sector is seeing investor sentiment pick up, but the focus is more on growing momentum in base metals with little interest in precious metals, according to the latest comments during the 2018 Prospectors & Developers Association of Canada (PDAC) convention.While presentations were standing room only during presentations on commodities like zinc, copper a...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok