Recent News

Penny Stock Pops on Licensing Partnership

June 07, 2019 / www.schaeffersresearch.com

TXMD has closed flat or higher for the past five sessionsPharmaceutical name TherapeuticsMD Inc (NASDAQ:TXMD) is up 2.2% at $3.29, after the company shared that it has entered an agreement to commercialize its two women's menopausal drugs, Bijuva and Imvexxy, outside the U.S. The deal will bring in ?,?14 million up front, and another ?,?29.5 million following sales, met milestones, and royalties....Read More

Stock Futures Pare Gains After Jobs Data

June 07, 2019 / www.schaeffersresearch.com

Traders are reacting to another weak jobs report Stocks could be set for a rocky open, with all eyes on the May jobs report. The Labor Department's numbers showed nonfarm payrolls increased by just 75,000 last month, 100,000 fewer than expected, while the growth in wage gains was also weak. This follows a disappointing ADP jobs data from Wednesday, and will stir more chatter about a potential rate...Read More

Here's Why Gold Stocks Rose

June 07, 2019 / dlvr.it

Falling Treasury bond yields have injected optimism into the gold market.Read full newsRead More

Toro Gold hires bank to explore sale as IPO plans shelved - sources

June 07, 2019 / www.mining.com

West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.But attracting buyers won't be easy for the company that has just one producing asset in Senegal and is targeting a valuation of up to $300 million, the sources added.T...Read More

Toro Gold hires bank to explore sale as IPO plans shelved - sources

June 07, 2019 / www.mining.com

West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.But attracting buyers won't be easy for the company that has just one producing asset in Senegal and is targeting a valuation of up to $300 million, the sources added.T...Read More

METALS-Copper stumbles towards eighth consecutive weekly loss

June 07, 2019 / www.kitco.com

(Updates with closing prices)By Peter HobsonLONDON, June 7 (Reuters) - Copper prices were set for theireighth straight weekly fall after trade disputes, signs ofslowing global economic growth and disappointing U.S. jobs dataweakened the demand outlook for metals.Benchmark copper on the London Metal Exchange (LME)traded down 0.2% at $5,799 a tonne in closing rings, down 0.5%this week. Copper has fa...Read More

Sweden eyes Peruvian lithium

June 07, 2019 / www.mining.com

Sweden's Deputy Minister of Foreign Trade and Promotion Niklas Johansson said this week that his country is interested in helping Peru develop its lithium mining industry.According to Johansson, Sweden has become lithium-thirsty due to an increase in demand for electric cars, bolstered by government efforts to reduce carbon emissions and promote clean energy solutions.EVs' batteries have an interc...Read More

Sweden eyes Peru's lithium

June 07, 2019 / www.mining.com

Sweden's Deputy Minister of Foreign Trade and Promotion Niklas Johansson said this week that his country is interested in helping Peru develop its lithium mining industry.According to Johansson, Sweden has become lithium-thirsty due to an increase in demand for electric cars, bolstered by government efforts to reduce carbon emissions and promote clean energy solutions.EVs' batteries have an interc...Read More

Gold-backed ETFs dropped in May - report

June 07, 2019 / www.mining.com

In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More

Gold-backed ETFs dropped in May - report

June 07, 2019 / www.mining.com

In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More

Gold-backed ETFs dropped in May - report

June 07, 2019 / www.mining.com

In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More

Noront and Aroland First Nation to work together on nickel mine in Ontario

June 07, 2019 / www.mining.com

Noront Resources (TSX-V: NOT) signed a memorandum of understanding with the Aroland First Nation to advance the planning process for the development of the Eagle's Nest nickel-copper-platinum-palladium deposit in the Ring of Fire, northern Ontario.In a media statement, both parties said that the MoU contemplates Aroland becoming a shareholder of Noront. The company will issue 150,000 shares to the...Read More

Noront and Aroland First Nation to work together on nickel mine in Ontario

June 07, 2019 / www.mining.com

Noront Resources (TSX-V: NOT) signed a memorandum of understanding with the Aroland First Nation to advance the planning process for the development of the Eagle's Nest nickel-copper-platinum-palladium deposit in the Ring of Fire, northern Ontario.In a media statement, both parties said that the MoU contemplates Aroland becoming a shareholder of Noront. The company will issue 150,000 shares to the...Read More

Noront and Aroland First Nation to work together on nickel mine in Ontario

June 07, 2019 / www.mining.com

Noront Resources (TSX-V: NOT) signed a memorandum of understanding with the Aroland First Nation to advance the planning process for the development of the Eagle's Nest nickel-copper-platinum-palladium deposit in the Ring of Fire, northern Ontario.In a media statement, both parties said that the MoU contemplates Aroland becoming a shareholder of Noront. The company will issue 150,000 shares to the...Read More

Consider Coeur Mining as Gold Prices Rise

June 07, 2019 / dlvr.it

Warning! GuruFocus has detected 3 Warning Signs with CDE.Coeur Mining Inc. (CDE) is strongly positioned to benefit from this trend for several reasons.First, Senior Vice President and Chief Financial Officer Thomas S. Whelan purchased 25,000 ordinary shares of the company for an average price ofRead full newsRead More

Gold Tests 2019 Highs as Fed, ECB Rate Paths Ease, Global Growth Slows - TheStreet

June 07, 2019 / www.thestreet.com

Gold prices extended gains Thursday, taking bullion prices to within touching distance of a 2019 high, as investors bet on central bank easing and weakening currencies as the global economy continues to feel the affects of a prolonged U.S.-China trade war. With markets pricing in a 50% chance of a September rate cut from the European Central Bank, a view that could be confirmed at its policy mee...Read More

LIVE FUTURES REPORT 06/06: LME lead price jumps 2% amid Port Pirie force majeure; spreads remain tight

June 07, 2019 / www.metalbulletin.com

The three-month lead price on the London Metal Exchange climbed by just under 2% at the close of trading on Thursday June 6, closing just below $1,900 per tonne amid news of Nyrstar's declaration of force majeure at its Port Pirie smelter in Australia. The force majeure affects lead contracts for deliveries from Port Pirie after the blast furnace failed at the end of May. Representatives at t...Read More

INTL NICKEL CONF: Potential 2030 ban on ICEs could drive 80% nickel share of EV battery market - LMC Automotive

June 07, 2019 / www.metalbulletin.com

A potential global ban on internal combustion engines (ICEs) by 2030 could facilitate a growth in nickel's share of the electric vehicle battery market to 80%, Al Bedwell of automotive intelligence provider LMC Automotive said at the 7th International Nickel Conference on Thursday June 6. The potential for a ban of traditional ICE vehicles by 2030 is driven by crackdowns on carbon emissions in Eur...Read More

NEWSBREAK: First Q3 MJP aluminium deal done at $108/t premium - sources

June 07, 2019 / www.metalbulletin.com

The first deal for third-quarter aluminium ingot supply to Japan has been concluded at a cif premium of $108 per tonne basis main Japanese ports (MJP), nearly 3% above the second-quarter benchmark, market sources told Fastmarkets on Thursday June 6. The deal between a Japanese aluminium trading firm and an overseas supplier was agreed very early in the negotiations process and slightly above marke...Read More

PRICING NOTICE: Proposal to amend publication day of Chinese ferro-silicon prices

June 07, 2019 / www.metalbulletin.com

Fastmarkets proposes changes to the publication day for two weekly Chinese ferro-silicon prices from Friday to Wednesday. The two price assessments include the ferro-silicon MB Chinese free market min 75% Si in warehouse China price and the ferro-silicon export min 75% Si fob China main ports $/tonne price.Fastmarkets is proposing this change to align the publication time of its China ferro-silico...Read More

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