World oil markets are about to get a clearer idea of what Donald Trump's presidency means for one of the biggest crude exporters, Iran.Read full newsRead More
It's no secret that Russia has been stacking the shiny phyzz for years, and here's a glimpse showing exactly how they stack...Read full newsRead More
On the website of the Colorado-based Newmont mine, the top page reads in bold letters, "Culture of Zero Harm."Read full newsRead More
While the big car companies with their fancy technology concept cars get all the attention, there are hundreds of cool little items sprinkled throughout the almost 3 million square feet of Las Vegas ...Read full newsRead More
LONDON, UK / ACCESSWIRE / January 11, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Trevali Mining, Yamana Gold, ...Read full newsRead More
Anaconda Mining Inc:Read full newsRead More
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 10, 2018) - Note to editors: There are three photos associated with this press release. Lundin Gold Inc. (Read full newsRead More
Includes Toll-milling and Exploration Earn-in Options for Each at McCoy-Cove and Rye ProjectsTHUNDER BAY, ON, Jan. 10, 2018 /CNW/ - PREMIER GOLD MINES LIMIT...Read full newsRead More
Gold is up 6% since the Fed raised rates last month, despite net outflows in SPDR Gold Shares, (GLD), the world's largest exchange-traded fund, said Vince Lanci, founder of Echobay Partners. ETF investors were net sellers of 4.35 tonnes in December after leaving their holdings broadly unchanged in November (+0.75 tonnes) and October (-0.79 tonnes), Lanci explained. "GLD has reduced holdings, abou...Read More
U.S. filings for unemployment benefits unexpectedly rose to a three-month high last week during a holiday period when claims tend to be volatile, Labor Department figures showed Thursday.Highlights of Jobless Claims (Week Ended Jan. 6)Jobless claims increased by 11k to 261k (est. 245k), highest since week ended Sept. 23, when filings were elevated due to hurricanesContinuing claims fell by 35k to...Read More
The Dow Jones Industrial Average, S&P 500 and Nasdaq all scored new record closes on Thursday, Jan. 11, as Wall Street got a boost from some of its biggest industrial and energy names. The Dow jumped 205 points, or 0.81%. The blue-chip index was led by Chevron Corp. (CVX) , up 3%, General Electric Co. (GE) , which rose 0.5%, Caterpillar Inc. (CAT) , which gained 2%, and Boeing Co. (BA)...Read More
West Texas crude erases advance, natural gas ralliesTraders still shaken by concerns that sparked Wednesday drop"The notion that equities and yields can't rise together isn't accurate," says BlackRock's Russ Koesterich.U.S. stocks rebounded from the first retreat of the year to set fresh records, as resource producers and industrial shares rallied on optimism in the global economy. The dollar fell...Read More
Analysts see gold at $1,400 and copper hitting $8,000Weak dollar, stretched stocks, falling bonds spell gainsWhere to Make Big Money in Commodities, EnergyThe stage may be set for commodities to extend their stellar gains, according to Bank of China International analysts.By the fourth quarter copper will average $7,500 a ton and gold $1,400 per ounce, they wrote in a note this week, as financial...Read More
The Dow Jones Industrial Average and the Nasdaq hit intraday highs on Thursday, Jan. 11, as a rebound in bond yields offset trade tensions linked to Donald Trump's warning on Nafta membership for the U.S. The Dow rose 94 points, or 0.37%. The blue-chip index was led by General Electric Co. (GE) , Boeing Co. (BA) and Caterpillar Inc. (CAT) . The S&P 500 gained 0.36%, and the Nasdaq...Read More
The latest news and price moves to start the Asian day on Friday January 12.Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday January 11, with nickel prices falling 2%. Read more in our live futures report.Here are how prices looked at the end of the day on Thursday.Metal Bulletin has learned that operations at Glencore's Pasar copper smelter in I...Read More
Wall Street futures held onto modest gains heading into the start of trading Thursday, while European and Asia stocks drifted lower as a rebound for bond yields failed to offset trade tensions linked to President Donald Trump's warning on NAFTA membership. Early indications from U.S. equity futures suggest modest gains for the three major benchmarks after stocks snapped a six-day winning st...Read More
The latest news and price moves to start the Asian day on Friday January 12.Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday January 11, with nickel prices falling 2%. Read more in our live futures report.Here are how prices looked at the end of the day on Thursday.Metal Bulletin has learned that operations at Glencore's Pasar copper smelter in I...Read More
Confusion and uncertainty reign in financial markets, helping gold prices rally in the face of higher bond yields, as traders continue to assess whether or not China will continue to buy U.S. Treasuries. Early Thursday, Chinese officials denied reports that the central bank is looking at slowing its U.S. bond purchases. According to reports, while the central bank is diversifying its foreign-exc...Read More
Newest of major royalty companies has rapid growth.Revenue to double in next six years.Investments in juniors to pay off.It is now the turn of the new boy on the block to catch up. A little more than two years ago, I wrote an article, published here, on the major gold royalty companies. One, Franco-Nevada, I called the blue-chip of the group; today, its stock price is virtually doubled where it wa...Read More
Polyus is underperforming despite strong cost dynamics.Significance of Fosun deal is not enough to outperform the stock market.Favorable outlook is imminent with attractive dividends and diverse range of growth projects. Image source: TRUST.UA Investment Thesis Polyus Gold International Limited (LON:PGIL) delivers stable earnings due to higher production, despite wobbly trends in the Russian curr...Read More