A multidisciplinary and multiethnic team of scientists just published a paper in Nature where they explain the implications of having found calcium silicate perovskites contained within a tiny South African diamond.The gem was dug from the Cullinan mine, located 40 kilometres east of Pretoria, where the world's largest rough diamond was found in 1905. The mine was also the source of two of the lar...Read More

Carube Copper Corp. (TSXV:CUC) (the 'Company') is pleased to announce that the Company has increased the maximum amount of its private placement financing from $1.2M to $3.0M.Read full newsRead More

GCM Resources (LON:GCM)  shares jumped 23% higher to 28p  in late afternoon trading after the exploration group signed a joint  development agreement with its strategic partner China Gezhouba Group International Engineering for the Phulbari Coal and Power Project in Bangladesh.The AIM-listed firm said the agreement outlines the parties' roles and responsibilities in pursuing approva...Read More

SANTIAGO, March 9 (Reuters) - Chile's development agency Corfo said on Friday that companies from China and South Korea, as well as Chile, had been approved to make investments of around $754 million in the red-hot lithium industry.The companies selected in a bidding process to develop technology focused on the lithium market were Chile's Molymet and China's Sichuan Fulin Industrial Group, a joint...Read More

Strong sell-off expected in the June quarterRead full newsRead More

(Reuters) - U.S. energy companies this week cut oil rigs for the first time in seven weeks even as crude prices hovered near a three-year high, prompting more drillers to boost spending plans for 2018.Drillers cut four oil rigs in the week to March 9, bringing the total count down to 796, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.The U.S....Read More

It was a strong week for U.S. stocks, with the Nasdaq Composite (IXIC) rallying to record highs and set to extend its daily win streak to six. These gains weren't missed on the Dow Jones Industrial Average (DJIA) or S&P 500 Index (SPX), which are both ready to notch solid weekly wins, as well. It wasn't always smooth sailing for stocks, with trade war fears lingering throughout the week as Preside...Read More

SANTIAGO, March 9 (Reuters) - Chile on Friday approved an increase in U.S. miner Albemarle Corp's annual lithium production limit in the salt flats of the Salar de Atacama, freeing the company to take advantage of soaring prices for the the metal used in electric car batteries.The increase, authorized by Chilean development agency Corfo, which oversees the northern Chilean lithium deposits, allows...Read More

(Reuters) - Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focus tofierce competition between the two contenders to replace him.Blankfein, 63, one of the longest-serving CEOs on Wall Street, has led what is viewed as the most powerful U.S. investment bank for nearly 12 years...Read More

Stitch Fix Inc (NASDAQ:SFIX) is expected to report fiscal second-quarter earnings after the market closes on Monday, March 12. This will be just the second time the retailer has reported earnings as a publicly traded company, and ahead of the event, the stock is down 2.7% to trade at $22.40. Nevertheless, SFIX options are pricing in an outsized move for Tuesday's trading. In terms of earnings re...Read More

The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold p...Read More

The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold p...Read More

(Reuters) - The Federal Reserve may well raise U.S. interest rates four times this year given the boost from tax cuts and spending, and overseas strength that will further stimulate the U.S. economy, a top U.S. central banker said on Friday.Boston Fed President Eric Rosengren, a veteran policymaker who foreshadowed the shift last year to a more hawkish stance, urged “regular but gradual&rdqu...Read More

SEOUL/WASHINGTON (Reuters) - World leaders welcomed prospects for a possible thaw in the long standoff over North Korea’s nuclear weapons program on Friday after U.S. President Donald Trump said he was prepared to hold an unprecedented meeting with North Korean leader Kim Jong Un.Trump and Kim prompted jitters around the world last year as they exchanged bellicose insults over the North&rsqu...Read More

The U.S. stock market is in rally mode after this mornings jobs report, with the Nasdaq Composite (IXIC) barreling back into record-high territory. Among individual names making notable moves are FAANG stock Netflix, Inc. (NASDAQ:NFLX), big bank Goldman Sachs Group Inc (NYSE:GS), and Fisher-Price parent Mattel, Inc. (NASDAQ:MAT). Here's a quick look at how shares of NFLX, GS, and MAT are trading t...Read More

Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitc...Read More

Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitc...Read More

NEW YORK (Reuters) - The bull market for stocks turned nine years old on Friday and, despite being long in the tooth, appears poised to set the record as the longest in history, buoyed by global economic growth and stronger company earnings.It is unlikely to be a smooth ride, however, as investors have already had to endure a 10-percent market correction sparked by inflation concerns and heightene...Read More

Last week we talked about how and when to exercise options, and to explore the category further, this week we are looking at the flip side of the coin -- options assignment. There are two sides to an options trade: the buyer and the seller. It's important to remember that only buyers can exercise an option. When an option is exercised by the buyer, the seller of that option is required to act -- o...Read More

FRANKFURT/LONDON (Reuters) - European steelmakers are pinning their hopes on the European Union being able to negotiate an exemption from new U.S. steel import tariffs that have raised fears of a damaging trade warShare prices initially fell across the European steel sector on Friday, but there was something of a mixed picture, with two of the bloc’s biggest producers saying the move will ha...Read More