Broader markets are generally upbeat this morning, Monday December 16, helped by last week’s partial United States-China trade deal and some positive economic data out of China.But the base metals are mixed and gold prices are up, which suggests there is still some concern about the terms of the trade deal.Chinese industrial production rose 6.2% in November, up from 4.7% previously while reta...Read More
U.S. equity index futures were higher this morning. S&P500 futures were up 14 points in pre-opening trade.Cineplex (CPX $24.01) is expected to open higher after Cineworld offered to acquire the company for $34 per share cash. Value of the offer is $2.1 billion.International Flavours and Fragrances (IFF $133.98) has agreed to merge with Dupont's nutrition unit in a deal valued at $26.2 billion....Read More
This summer I was in Bretton Woods, New Hampshire, along with a host of monetary elites, to commemorate the 75th anniversary of the Bretton Woods conference that established the post-WWII international monetary system. But I wasn't just there to commemorate the past -I was there to seek insight into the future of the monetary system.One day I was part of a select group in a closed-door "off the...Read More
Herbert Stein, a prominent economist and adviser to presidents Richard Nixon and Gerald Ford, once remarked, "If something cannot go on forever, it will stop."The fact that his remark is obvious makes it no less profound. Simple denial or wishful thinking tends to dominate economic debate.Stein's remark is like a bucket of ice water in the face of those denying the reality of nonsustainability. St...Read More
In October, the wheels started turning on one of the world's largest conveyor systems. Once in full operation, 14 kilometres of belts will bring 140,000 tonnes of ore a day to surface from huge tunnels carved out beneath Codelco's giant Chuquicamata pit in northern Chile.The operation represents the future of Chile's mining industry, Chilean President Sebastian Pi??era said at its inauguration in...Read More
Endeavour Mining (TSX: EDV) and Egypt-focused miner Centamin (TSX: CEE; LON: CEY) have agreed to assess the merits of a merger that would create a mid-tier gold company with an almost $4-billion market value and annual output of more than 1.2 million ounces.The announcement follows weekend talks in Perth, Australia, between Endeavour's chief executive, S?(C)bastien de Montessus, and Centamin's cha...Read More
Equinox Gold (TSX: EQX) has become the latest Canadian gold miner to acquire a smaller rival and consolidate portfolios after announcing the acquisition of Leagold Mining (TSX: LMC) for $769.3 million (US$578 million).The offer, which implies a no-premium consideration of $2.70 per share, will add Leagold's four mines in Mexico and Brazil to Equinox's portfolio, consisting of two mines in Californ...Read More
U.S. President Donald Trump signed off on a phase-one trade deal with China on Dec. 13 to avert a planned round of tariffs on US$160 billion of consumer goods. The news sent copper rallying to a several-month high of over US$6,170 per tonne (US$2.80 per lb.), and generated renewed optimism for the red metal's fundamentals heading into 2020.Consensus forecasts for copper are guardedly bullish headi...Read More
The Dow Jones Industrial Average rose 0.43% to 28,135.38 and the S&P 500 Index gained 0.73% to 3,168.80. Spot gold climbed US$16 per oz. to finish at US$1,475.70 per ounce.Shares of Rio Tinto jumped US$2.35 to US$57.72 on news about its Oyu Tolgoi mine in Mongolia. The company announced unanimous approval of a resolution by the Mongolian parliament that instructs the government to look for ways to...Read More
The S&P/TSX Venture Composite Index moved 0.50% higher to 540.53, while spot gold finished at US$1,475.70 per oz., up US$16 per ounce (1.10%).Shares of Victoria Gold jumped 51 ? to $8.56 in the wake of assay results from trenches in the Nugget zone - part of its Raven discovery in the Yukon. The latest assay results extend surface mineralization over 200 metres east and 250 metres southeast from t...Read More
The S&P/TSX Composite Index rose 0.04% to 17,003.10. The S&P/TSX Global Mining Index rose 3.80% to 80.99 and the S&P/TSX Global Base Metals Index gained 4.97% to 109.84. Spot gold climbed US$16 per oz. (1.10%) to US$1,475.70 per oz., and the S&P/TSX Global Gold Index advanced 3.02% to 251.40.Kirkland Lake Gold topped the list of value gains during the trading week, jumping $3.03 to $56.64 per shar...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesTulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDThe answer, unfortunately for diamond mining companies, is that an increasing number of consumers are choosing synthetic diamonds over the mined vari...Read More
A supply crunch is coming and this will cause commodities to skyrocket in 2020, this according to Frank Holmes, CEO of U.S. Global Investors."This theme of ESG, environmental, social governance, is driving everything and it's going to harm exploration. We're going to see a supply-side restriction but people are going to have babies and the world is going to chug along and grow, but the commodities...Read More
16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com.mx/tvSuscr?-bete a nuestro canal: https://www.youtube.com/channel/UClqo...Read More
Seade afirma que los agregados de Estados Unidos, no podr??n realizar labores de inspecci??n laboral, pues la ley mexicana lo proh?-be.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsio...Read More
Senadores, consumidores y activistas piden la legalizaci??n total de la marihuana, pues aseguran que el libro 'Marihuana a la Mexicana' ha agregado temas a la discusi??n para su aprobaci??n total.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.f...Read More
Lorena Rivera, Colaboradora, habla en entrevista sobre el fracaso que represent?? la COP 25, pues los asistentes no lograron pactar ning??n acuerdo para mejorar las condiciones clim??ticas del planeta.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://...Read More
El suicidio de una alumna del ITAM ha generado diversas protestas pues hay quien asegura que la presi??n acad?(C)mica en la instituci??n es demasiada, mientras que otros aseguran que disminuir la exigencia pone en riesgo el prestigio y nivel de la escuela.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dej...Read More
Mensaje de Andr?(C)s Manuel L??pez Obrador sobre el incremento del salario m?-nimo para 2020.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com.mx/tv...Read More
Decenas de usuarios de redes sociales se unieron para ayudar a pagar la deuda de Don Beto, un adulto mayor que fue estafado por m??s de 20 mil pesos por uno de sus compa??eros de la construcci??n donde trabaja.16 de diciembre 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook:...Read More