CloseGain/LossOn WeekGold $1321.90+$6.60-0.56%Silver$16.51+$0.02-0.06%XAU78.75-0.23%-2.21%HUI172.99-0.16%-2.11%GDM601.93+0.02%-1.94%JSE Gold1107.57+41.26+1.65%USD89.94-0.33+0.02%Euro123.28+0.62+0.24%Yen94.66+0.42+0.95%Oil$61.25+$0.26-3.62%10-Year2.860%+0.053-0.24%Bond144.3125-1.03125+0.13%Dow24538.06-0.29%-3.05%Nasdaq7257.87+1.08%-1.08%S&P2691.25+0.51%-2.04% The Metals: Gold rose $10 to $1...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,98173,26372,017161,527361,323485,525506,603Change from Prior Reporting Period -5,2246,9804,3816,614-8,4685,7712,893Traders17378834658255187 Small Speculators LongShortOpen Interest 47,33526,257532,860 -1,0651,8134,706 non reportable positionsChange from the previous reporting...Read More
- Global stocks slump as Trump risks trade wars- Gold prices little changed despite dollar weakness after tariff news- Trump announced plans to impose heavy tariffs on imported metals- China likely to retaliate with heavy tariffs on U.S. agricultural exports- Geo-political tensions with EU and of course China and Russia to escalate- Trade, currency wars and competitive currency devaluations tend...Read More
This has been yet another week in which events transpired that profoundly influenced the financial landscape. It seems as though volatility and uncertainty have become intrinsic outcomes of statements recently made by those that run our country. The hawkish testimony on Tuesday to Congress by newly appointed Federal Reserve Chairman Jerome Powell resulted in a dynamic selloff in U.S. equities. Thi...Read More
This has been yet another week in which events transpired that profoundly influenced the financial landscape. It seems as though volatility and uncertainty have become intrinsic outcomes of statements recently made by those that run our country. The hawkish testimony on Tuesday to Congress by newly appointed Federal Reserve Chairman Jerome Powell resulted in a dynamic selloff in U.S. equities. Thi...Read More
US Federal District Court Judge Richard J. Leon has stayed Rusoro's $966.5-million International Center for the Settlement of Investment Disputes Expropriation award against Venezuela registered in the US. Following the World Bank agency's decision to grant the award on August 22, 2016, Rusoro took that judgment to the US Federal Court in Washington, D.C. on October 10, 2016. The idea was to regis...Read More
US Federal District Court Judge Richard J. Leon has stayed Rusoro's $966.5-million International Center for the Settlement of Investment Disputes Expropriation award against Venezuela registered in the US. Following the World Bank agency's decision to grant the award on August 22, 2016, Rusoro took that judgment to the US Federal Court in Washington, D.C. on October 10, 2016. The idea was to regis...Read More
FTSE 100 down 106 points at 7,069GKN tumbles as it considers Dana Inc offer for its Driveline unitPM May's Brexit speech offers nothing newThe Footsie suffered a triple-digit fall as investors fretted over the prospect of a trade war sParked by president Trump.The FTSE 100 closed at 7,069, down 106 points on the day.Miners were out in the cold after Trump's bombshell, with Rio Tinto PLC,...Read More
Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) was recently featured in an article by Streetwise Reports, following the company's announcement on February 21 that significant new mineralization at surface was exposed at its Esperanza copper-gold project in San Juan province in Argentina.Read full newsRead More
Tom Fedolak from Graphenea tells Proactive Investors they are looking for a strategic partner in the future, as the interest in graphene continues to grow.Fedolak says they will want to work those who are interested in working with graphene in their own products. Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our event, London, 08 March 2018.Re...Read More
March 2 (Reuters) - The Chicago Board Options Exchange published the top ten active equity options on Friday. The following are the most active calls and puts as of 04:30 p.m. EDT (2130 GMT):CBOE TOP TEN MOST ACTIVE CALLS - Equity OptionsRanking SymbolExpiry Date Strike PriceSeries Volume Last Sale Price Net Change------------------------------------------------------------------------------------...Read More
WASHINGTON, March 1 (Reuters) - The Federal Reserve onThursday said it expected two large lenders, CIT Group Inc andCitizens Financial Group Inc, to offer 'living will' paperworkby the end of 2018.Large lenders must explain to regulators how they wouldunwind their business in the event of bankruptcy. The 'livingwill' rules are meant to prevent a future government bailout ofWall Street. (Reporting...Read More
Vancouver-based Trevali Mining (TSX: TV) and Quebec-based Puma Exploration (TSX-V:PUMA) have entered into a Letter of Intent for the acquisition by the former of an option to acquire an interest in the Murray Brook Deposit and to form a proposed Strategic Exploration Alliance in the northern portion of the Bathurst Mining Camp in New Brunswick, Canada.Under the terms of the LOI, Trevali, at its op...Read More
Vancouver-based Trevali Mining (TSX: TV) and Quebec-based Puma Exploration (TSX-V:PUMA) have entered into a Letter of Intent for the acquisition by the former of an option to acquire an interest in the Murray Brook Deposit and to form a proposed Strategic Exploration Alliance in the northern portion of the Bathurst Mining Camp in New Brunswick, Canada.Under the terms of the LOI, Trevali, at its op...Read More
Vancouver-based Trevali Mining (TSX: TV) and Quebec-based Puma Exploration (TSX-V:PUMA) have entered into a Letter of Intent for the acquisition by the former of an option to acquire an interest in the Murray Brook Deposit and to form a proposed Strategic Exploration Alliance in the northern portion of the Bathurst Mining Camp in New Brunswick, Canada.Under the terms of the LOI, Trevali, at its op...Read More
It was hectic on Wall Street today, as President Donald Trump stoked fears of a trade war a day after announcing tariffs on steel and aluminum imports. However, the S&P 500 and Nasdaq reversed early losses thanks to a rally in healthcare stocks. Meanwhile, the Dow managed to pare its losses after being down more than 390 points at its session low, but still extended its losing streak, due to a s...Read More
Colin Bird, chief executive at Galileo Resources PLC (LON:GLR), caught up with Proactive's Andrew Scott to discuss the recently released drill results from three of their first four holes at the Star Zinc project in Zambia, which he says showed very high value zinc intersections.There were also high values found of silver and germanium (Ge), a metal used in microscopes, cameras and as an alloying...Read More
William McVicar, President and CEO of Flex Pharma Inc (NASDAQ: FLKS) tells Proactive Investors at the BIO CEO Conference in New York, that Flex Pharma is shaping up to be an exciting year ahead.McVicar says Flex Pharma will have clinical trials reading out in the Q1 as well as in Q3 in ALS, multiple sclerosis, and Charcot-Marie-Tooth disease. Flex Pharma will report Q4 and full year 2017 results o...Read More
TORONTO, March 2, 2018 - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "Company") today confirmed that the power generation facility that supplies electricity to the Porgera Joint Venture mine experienced significant damage during the 7.5 magnitude earthquake that struck Papua New Guinea on Feb. 26, 2018.The Company is pleased to report that all Porgera Joint Venture employees and...Read More
Gold futures jumped on Friday, settling with a sharp gain as the threat of a global trade war pushed stocks and the dollar lower, underpinning a flight to the perceived safety for assets such as precious metals. The precious metal also scored a fillip from buying from investors looking to hedge against rising prices that are typically associated with global trade tensions. Industrial metals were...Read More