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Battery-technology metals to leave gold, silver in the dust: readers

February 17, 2018 / www.mining.com

A whopping two-thirds of MINING.com readers say battery-technology metals will perform better than precious or base metals in 2018.The survey, which ran last month ahead of the Vancouver Resource Investment Conference 2018, asked our readers how the materials needed to make batteries for the coming electrical vehicle revolution will fare over the coming years. Key findings were the following:Two-t...Read More

Housing starts soar in January, and building permits hit 10 1/2 -year high

February 17, 2018 / www.marketwatch.com

The numbers: Construction on new homes in the U.S., as measured by housing starts, jumped almost 10% in January to an annual rate of 1.33 million. That's the second highest level since the recession following the financial crisis and it easily exceeded the 1.24 million forecast of economists polled by MarketWatch. Permits to build new homes also hit a 10 1/2 -year high, rising 7.4% to an annual...Read More

Failed Spanish lender Popular lost 13.6 bln euros in 2017

February 17, 2018 / www.kitco.com

MADRID, Feb 17 (Reuters) - Failed Spanish lender Banco Popular had losses of 13.6 billion euros ($16.9 billion) last year when it was rescued by European authorities and taken over by bigger rival Banco Santander , it said in a regulatory notice late on Friday.The news will likely add to a controversy between investors who lost money in the rescue and authorities and Santander who say the sale of...Read More

A gold mine swallowed their village. This Amazon tribe is here to take it back

February 17, 2018 / dlvr.it

Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More

UPDATE 3-Three held as $1.8 bln fraud ripples through Indian banks

February 17, 2018 / www.kitco.com

* Three arrested to remain under police custody til March 3-court* Family members defend accused, blame superiors* Authorities continue raids into 2 businessmen linked to fraud* Hit to Indian banks could reach over $3 billion - tax department (Adds court appearance, tax authorities' note on impact to banks, details, background)By Aditya Kalra and Rajendra JadhavNEW DELHI/MUMBAI, Feb 17 (Reuters)...Read More

Gold Rush: Is Rick Ness leaving Parker to mine on his own?

February 17, 2018 / dlvr.it

Gold Rush's Rick Ness talks to us about Parker, mining on his own and more. [...]Read full newsRead More

Exclusive: Acacia, China miners in talks over Tanzania gold deal - sources

February 17, 2018 / dlvr.it

China's Shandong Gold Mining Co Ltd and Zijin Mining Group Co Ltd are in separate talks with Acacia Mining Plc to form a joint venture for the London-listed company's gold mines in Tanzania, three people familiar with the matter told Reuters.Read full newsRead More

Gold mine wins backing of Loch Lomond national park official

February 17, 2018 / dlvr.it

The national park's full planning committee will visit the site on 27 February before making a decision.Read full newsRead More

A gold mine swallowed their village. This Amazon tribe is here to take it back

February 17, 2018 / dlvr.it

Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More

A gold mine swallowed their village. This Amazon tribe is here to take it back

February 17, 2018 / dlvr.it

Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More

GDX Weathers Stock Selloff

February 17, 2018 / www.321gold.com

Adam HamiltonArchivesFeb 16, 2018 The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is...Read More

Dow and S&P 500 Finish Higher for Sixth Straight Day of Gains - TheStreet

February 17, 2018 / www.thestreet.com

Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 have risen for six straight days. The Dow posted its best week since November 2016. The Dow still remains more than 1,300 points below its all-time high reached on Jan. 26. For the week the Dow jumped 4.25%, the S&P 500 gained 4.30% and the Nasdaq climbed 5.31%.  Wall Street Overvie...Read More

U.S. Stocks Rebound to Best Weekly Gain Since 2013: Markets Wrap

February 17, 2018 / www.bloomberg.com

S&P 500 ends higher after paring gains on Russia indictmentGreenback rallies from three-year low; crude oil advancesAllianz Global Investors U.S. Investment Strategist Mona Mahajan discusses market volatility.U.S. stocks held onto gains to cap their best week in five years while Treasuries climbed and the dollar broke a five-day losing streak.The S&P 500 was slightly higher at the close after...Read More

Wall Street Futures Are Upbeat Ahead of Long Weekend - TheStreet

February 17, 2018 / www.thestreet.com

U.S. markets looked set to make gains for the sixth day on Friday, Feb. 16, on a stream of corporate earnings, including Coca-Cola Co., Kraft Heinz Co. and Campbell Soup Co., and as traders prepared for a long Presidents Day weekend. The Dow Jones Industrial Average had an implied open of 30 points to the upside at 7:39 am Eastern time. S&P 500 futures were 0.19% up and the Nasdaq looked set...Read More

Special Edition - A Must-Read Crypto Alert

February 17, 2018 / dailyreckoning.com

I’m liking what I see from the crypto markets lately.It may sound foolish or dangerous to say this, but hear me out.If you look at the myriad attacks on crypto over the last month, the return to November 2017 pricing and the recent settling and smoothing of the market, I can understand your skepticism.Look, I get it. Recently, there have been a lot of negative forces beating down the crypto...Read More

Bitcoin vs. Gold [3 Must-See Charts]

February 17, 2018 / dailyreckoning.com

That was quick!Late last week, I said most investors were too scared to buy the dip. Boy, was I wrong...Traders are gobbling up stocks, pushing the major averages higher for five days in a row. Eager buyers have all but erased the market's double-digit pullback. As of this morning, the Dow, S&P 500, and Nasdaq Composite are all back above their respective 50-day moving averages.Futures are up...Read More

Since When Is $44 Billion For American Patriots A Shame, WSJ?

February 17, 2018 / dailyreckoning.com

Earlier this week, I saw a politically motivated quote in the paper that just about made me lose my cool.Not only was it incredibly misleading, but it also disparaged one of the programs that I've been encouraging retirees to take advantage of for years now!Now, when it comes to politics and the different opinions that everyone is entitled to, I try to be understanding. Even when I disagree with a...Read More

Energy Summary for Feb. 16, 2018

February 17, 2018 / www.stockwatch.com

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 March delivery gained 34 cents to $61.68 on the New York Merc, while Brent for April gained 51 cents to $64.84 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.45 t...Read More

SEC fines shell factory group $2.1-million (U.S.)

February 17, 2018 / www.stockwatch.com

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 Mike CaswellThe U.S. Securities and Exchange Commission has obtained $2.1-million in penalties against an Israeli group that it accused of running a shell factory scheme from 2010 to 2014. (All figures are in U.S. dollars.) The SEC claims that the group created s...Read More

Shell Summary for Feb. 16, 2018

February 17, 2018 / www.stockwatch.com

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 4.03 points to 830.17 Friday, but it ended the week up 16.78 points. Hugh Rogers and Toby Pierce have filed a preliminary prospectus to list a capital pool shell called Seashore Resource Partners Corp. The...Read More

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