Walmart Inc (NYSE:WMT) stock is trading lower after the retailer announced it will stop selling firearms and ammunition to persons under the age of 21. This comes just one day after a similar move from Dick's Sporting Goods (DKS), which ended the sale of its assault-style rifles and high-capacity magazines. WMT shares were last seen down 1.1% at $89.03. The equity scored a record high of $109.98...Read More
Mr. Cooper Quinn reportsDRILL ASSAY RESULTS FROM MITCHELL LAKE ZONE RETURN 9.26 G/T GOLD OVER 0.5 METRES AND A BROADER DISSEMINATED INTERCEPT OF 30.50 METRES GRADING 0.70 G/T GOLDOsprey Gold Development Ltd. has released assay results from three holes drilled on the western portion of the Goldenville property in the Mitchell Lake zone. The company's Goldenville property is located in Guysborough c...Read More
Mr. Cooper Quinn reportsDRILL ASSAY RESULTS FROM MITCHELL LAKE ZONE RETURN 9.26 G/T GOLD OVER 0.5 METRES AND A BROADER DISSEMINATED INTERCEPT OF 30.50 METRES GRADING 0.70 G/T GOLDOsprey Gold Development Ltd. has released assay results from three holes drilled on the western portion of the Goldenville property in the Mitchell Lake zone. The company's Goldenville property is located in Guysborough c...Read More
Gold's main driver, fear, is a double-sided coin.Gold's price can suffer during stock market declines, but not for long.Latest bout of global market jitters paves the way for next gold rally.It's widely known among gold investors that one of the metal's biggest drivers is safety-related demand among investors who worry about the outlook for equities or the economy. Indeed, we've witnessed...Read More
Futures on the Dow Jones Industrial Average (DJI) are trading below fair value this morning, signaling a third consecutive day of losses. Traders will turn their attention back to Fed Chair Jerome Powell, who will again be testifying before Congress. Ahead of this, Wall Street is weighing a surprising drop in weekly jobless claims, while personal incomes and wages rose in January, and consumer inf...Read More
Mr. Jeffrey Pontius reportsCORVUS GOLD DRILLS 30.5 METRES OF 2.05 G/T INCLUDING 12.2 METRES OF 4.45 G/T GOLD EXPANDING MOTHER LODE DEPOSIT TO THE EASTCorvus Gold Inc. has received additional results from two of four holes evaluating the eastern extension of the Mother Lode deposit.Results indicate mineralization continues to expand the system to the east (see attached table).The Eastern extension...Read More
Mr. Jeffrey Pontius reportsCORVUS GOLD DRILLS 30.5 METRES OF 2.05 G/T INCLUDING 12.2 METRES OF 4.45 G/T GOLD EXPANDING MOTHER LODE DEPOSIT TO THE EASTCorvus Gold Inc. has received additional results from two of four holes evaluating the eastern extension of the Mother Lode deposit.Results indicate mineralization continues to expand the system to the east (see attached table).The Eastern extension...Read More
• USD firmness continues to weigh on the commodity. • Fed rate hike prospects add to the downward pressure. • Investors keenly wait for the second round of Powell’s testimony. After yesterday's brief pause, gold came under some renewed selling pressure on Thursday and dropped to three-week lows in the last hour....Read More
Africa-focused Stellar Diamonds (LON:STEL) said Wednesday it had finalized its tribute agreement and revenue share with junior Octea Mining for the Tongo-Tonguma diamond project in eastern Sierra Leone.The deal, which allows for mining the combined and contiguous Tongo and Tonguma concessions, is expected to create one of the largest diamond mines in West Africa."The closure of the agreements with...Read More
Africa-focused Stellar Diamonds (LON:STEL) said Wednesday it had finalized its tribute agreement and revenue share with junior Octea Mining for the Tongo-Tonguma diamond project in eastern Sierra Leone.The deal, which allows for mining the combined and contiguous Tongo and Tonguma concessions, is expected to create one of the largest diamond mines in West Africa."The closure of the agreements with...Read More
Today, we're bringing readers the three best junior mining silver stocks to buy in 2018, which are all poised for massive gains. Here are the picks...Read full newsRead More
Great Atlantic Purchases Portable Gold Mining PlantVancouver, British Columbia (FSCwire) - Great Atlantic Resources Corp. (the "Company" or "Great Atlantic") (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great AtlanticRead full newsRead More
The mine, at Cononish, near Tyndrum, aims to extract more than half a million tonnes of ore.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
No takers for gold despite risk aversion. The implied volatility premium for XAU puts (bearish bets) continues to rise. Despite being a classic safe-haven asset, the bearish sentiment in the gold (XAU/USD) options market continues to strengthen. The S&P 500 fell 30.45 points, or 1.1 percent, to 2,713.83 yesterday and the Dow Jones industrial average lost 380.83, or 1.5 percent, to 25,029.20....Read More
Cobalt companies flooded with interest at mining conferenceGold miners vulnerable after large precious-metal funds leftEvolution Chairman Says Gold Giants Must Change to Woo InvestorsGold producers are doing everything they’re supposed to be doing -- squeezing more profit out of mines, penny-pinching on projects and resisting the kind of big deals that got them into trouble when prices fell...Read More
Treasuries climb, oil plunges after strong inventories reportEuropean shares fall on China output data, dollar gainsBofAML's Michelle Meyer says Fed Chair Powell hinted he may be comfortable with faster rate hikes.U.S. stocks tumbled in afternoon trading, adding to the worst month for equities in two years, while Treasuries climbed with the dollar.The S&P 500 Index dropped more than 1 percent,...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 posted their first monthly losses since March 2017.The Dow recorded its first losing February since 2009.The Dow remains more than 1,500 points below its all-time high reached on Jan. 26, 2018. Wall Street Overview Stocks sunk on Wednesday, Feb. 28, as global investors parsed potentially...Read More
3 Hots Things to Know About Stocks Right Now The S&P 500 Net Earnings Revisions Index (NERI) popped to 21.0% during February, the highest positive reading since the start of the data in 1985, points out Yardeni Research. Papa John's (PZZA) shares will be under pressure after an ugly fourth quarter. It will exit its contract with the NFL.Netflix (NFLX) is closing in on one hot month: sha...Read More
Gold pour at Porcupine mine. Image: GoldcorpAccording to the World Gold Council primary gold production hit another record in 2017 after nine years of growth in output, albeit at a much slower pace.Global gold production totalled roughly 105m troy ounces in 2017. Output is up 525 tonnes or nearly 17m ounces since the start of the decade.The top 10 listed, non-state owned gold miners are responsibl...Read More