Don't expect an upswing in the global uranium market anytime soon."In our models, we don't get excited on the demand side," said Galymzhan Pirmatov, chief executive officer of Kazatomprom, Kazakhstan's state-owned mining company that's the world's biggest supplier.Kazakhstan controls about 40% of the world's supply of the metal, and Kazatomprom accounts for half of that, making it the biggest prod...Read More
Don't expect an upswing in the global uranium market anytime soon."In our models, we don't get excited on the demand side," said Galymzhan Pirmatov, chief executive officer of Kazatomprom, Kazakhstan's state-owned mining company that's the world's biggest supplier.Kazakhstan controls about 40% of the world's supply of the metal, and Kazatomprom accounts for half of that, making it the biggest prod...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
The Dow is aiming for a fourth consecutive up dayInvestor hope for a potential Fed rate cut has stock futures trading above fair value, setting the Dow Jones Industrial Average (DJI) up for a fourth straight win. Also in focus are President Donald Trump's tweets about immigration and tariff discussions with Mexico from last evening, in which he wrote, "Progress is being made, but not nearly enough...Read More
Nyrstar has halted production at its Port Pirie lead smelter in Australia and declared force majeure, the Belgian-headquartered metals and mining company said on Thursday.It stopped output at Port Pirie on May 28 due to an unplanned outage at the blast furnace, a spokesman said in a email."We are currently in the process of assessing the outage and expect that production should resume within the c...Read More
Unions at Chile's Chuquicamata copper mine expressed disappointment in state-run miner Codelco's latest contract offer on Thursday but agreed to extend negotiations in hopes of averting a strike.Codelco, the world's largest copper producer, started government-mediated talks with unions 1, 2 and 3 at Chuquicamata last week after workers rejected the company's proposal.But the unions said they were...Read More
"Who are the women in METS? Find out today in the Global METS investment report 2019. Find out more here - https://t.co/WMKRHVeBOr#aspermont #mining #technology #equipment #services"Read full newsRead More
Americans' very way of life could be threatened, according to the man who predicted the downfall of Fannie Mae and Freddie Mac.No one believed Porter Stansberry years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt.And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America...Read More
Canada's First Quantum Minerals (TSX:FM) responded to Panama's President-elect Laurentino Cortizo by issuing a media release stating that the extension of the contract to operate the Cobre Panam?? mine fulfills current laws and regulations and that its team should be allowed to work without legal uncertainties.The miner's communiqu?(C) was made public a day after Cortizo said his government would...Read More
Canada's First Quantum Minerals (TSX:FM) responded to Panama's President-elect Laurentino Cortizo by issuing a media release stating that the extension of the contract to operate the Cobre Panam?? mine fulfills current laws and regulations and that its team should be allowed to work without legal uncertainties.The miner's communiqu?(C) was made public a day after Cortizo said his government would...Read More
Rapaport published a report stating that diamond markets are under pressure as profit margins have tightened and the trade war with China has fueled uncertainty.The international firm revealed that the RapNet Diamond Index, known as RAPI, for 1-carat+ diamonds fell 0.7% in May and is down 1.7% since the beginning of the year.RAPI is the average asking price in hundred $/carat of the 10% best-price...Read More
Rapaport published a report stating that diamond markets are under pressure as profit margins have tightened and the trade war with China has fueled uncertainty.The international firm revealed that the RapNet Diamond Index, known as RAPI, for 1-carat+ diamonds fell 0.7% in May and is down 1.7% since the beginning of the year.RAPI is the average asking price in hundred $/carat of the 10% best-price...Read More
* Fed has "disproportionate" impact on emerging economies -Carney * Poorer nations must ensure central bank independence, curbdebt * Regulators eyeing redemption terms for illiquid investmentfunds (Adds detail from speech, context)By Stanley White and Leika KiharaTOKYO, June 6 (Reuters) - Central bankers in the UnitedStates and other rich nations should take more account of theimpact the...Read More
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
VANCOUVER, CANADA, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to announce the Company is participating in the 2019 Fidelity National Information Services ("FIS") Fintech Accelerator Program. As one of ten selected start-up companies taking part in the 12-week on-site mentorship program at The Venture Center, Voleo is benefitting from in-depth business suppor...Read More
* Rates to stay at current levels through H1 2020 * Rates cuts, more QE were discussed as contingency measures * Best TLTRO rate 10 basis points over deposit rate * New economic forecasts see slower 2020, 2021 (Adds more details, comments)By Balazs Koranyi and Francesco CanepaVILNIUS, June 6 (Reuters) - The European Central Bank onThursday ruled out raising interest rates in the next year andeven...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
"Constantine Metal Resources has released a preliminary economic assessment for its Palmer zinc-copper-silver-gold project in Alaska. https://t.co/tF1twRRMEz @cem_metals #basemetals #PEA #stocks"Read full newsRead More
The benchmark copper price London Metal Exchange ended 1.5% lower on Wednesday June 5, leading the rest of the base metals lower.The three-month copper price closed at $5,807 per tonne, not far above its 2019-to-date low of $5,725 per tonne. "Our technical indicators suggest LME copper is still in a prevailing downtrend. We would not be surprised by renewed selling pressure," Fastmarkets base...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose sharply for a second day Wednesday, lifted by signals of a potential interest rate cut from the Federal Reserve. Apple (AAPL - Get Report) was higher after CEO Tim Cook told CBS News he didn't think the tech giant would be targeted by China should the ongoing trade war between...Read More