Recent News

Murrey Math Lines: USD/CHF, Gold

May 16, 2019 / www.fxstreet.com

USDCHF, "US Dollar vs Swiss Franc" In the H4 chart, USDCHF is expected to break the 5/8 level and then continue falling towards the support at the 3/8 one. Risk Warning: the result of previous trading operations do not guarantee the same results in the future As we can see in the H1 chart, the pair is trading below the 3/8 level. In this case, the price is expected to continue moving do...Read More

CORRECTED-FOREX-Euro firms on auto tariff delay hopes but election worries cap gains

May 16, 2019 / www.kitco.com

(Corrects EU election date in first par to next week (not thisweekend) * Aussie at fresh 5-month low ahead of weekend vote * Euro up as U.S. pushes auto tariffs back six months * Upcoming EU elections hangs over market* Tensions high as U.S. turns screw on China's Huawei * Aussie dollar hurt as market prices in rate cut * Swedish crown hit as risk sentiment dips * Graphic: World FX rates in 2019 B...Read More

Vale Canada and Terrapure recognized for reclamation efforts

May 16, 2019 / www.mining.com

Following the development of a reclamation program that involves the application of treated biosolids to the Central Tailings Area at the Copper Cliff nickel mine in Ontario, Vale Canada and its partner in the project, Terrapure Environmental, received an Environmental Leader Award for Project of the Year.Instead of incinerating or landfilling nutrient-rich organics, Terrapure worked with Vale to...Read More

Transition Metals to acquire Cryderman gold project in Ontario

May 16, 2019 / www.mining.com

Transition Metals (TSXV: XTM) announced this week that it has entered into an option agreement to acquire a 100% interest in the Cryderman gold property located near Shining Tree, Ontario.In order to move forward with the deal, the Sudbury-based firm has to issue $60,000 in cash and $110,000 in shares to the vendor and complete $300,000 in work over a three year period. If the company vests its in...Read More

Transition Metals to acquire Cryderman gold project in Ontario

May 16, 2019 / www.mining.com

Transition Metals (TSXV: XTM) announced this week that it has entered into an option agreement to acquire a 100% interest in the Cryderman gold property located near Shining Tree, Ontario.In order to move forward with the deal, the Sudbury-based firm has to issue $60,000 in cash and $110,000 in shares to the vendor and complete $300,000 in work over a three year period. If the company vests its in...Read More

Transition Metals to acquire Cryderman gold project in Ontario

May 16, 2019 / www.mining.com

Transition Metals (TSXV: XTM) announced this week that it has entered into an option agreement to acquire a 100% interest in the Cryderman gold property located near Shining Tree, Ontario.In order to move forward with the deal, the Sudbury-based firm has to issue $60,000 in cash and $110,000 in shares to the vendor and complete $300,000 in work over a three year period. If the company vests its in...Read More

METALS-China supply concerns help aluminium to two-week high

May 16, 2019 / www.kitco.com

* Aluminium resistance seen at $1,870* Aluminium cancelled warrants and large holding in focus * GRAPHIC-2019 asset returns: (Adds official prices, updates lead)By Pratima DesaiLONDON, May 16 (Reuters) - Aluminium prices climbed totwo-week highs on Thursday after news of production shutdowns atone of the country's biggest smelters fuelled worries aboutsupplies from top producer China.Benchmark alu...Read More

Graphite One Announces Closing Second Tranche of Financing and Awarding of Options

May 16, 2019 / kincommunications.com

Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announced today it has has completed the second tranche of a non-brokered private placement offering, raising gross proceeds from both tranches of the financing to CA$2 million, and also the awarding of options.CLOSES SECOND TRANCHE OF PRIVATE PLACEMENTThe Company has completed the second and fina...Read More

Great Panther Provides Update on Tucano Gold Mine

May 16, 2019 / dlvr.it

VANCOUVER, May 14, 2019 (Canada NewsWire via COMTEX) -- TSX: GPR | NYSE American: GPL GREAT PANTHER MINING LIMITED (GPR)GPL (Read full newsRead More

Spence Diamonds Is A Traditional Jeweler That Discovered A 'Gold Mine' In Lab-Grown Diamonds

May 16, 2019 / dlvr.it

With a new CEO, Veeral Rathod, who cofounded menswear fashion brand J. Hilburn, Spence Diamonds is expanding from its Canadian roots into the U.S. market offering lab-grown diamonds side-by-side with mined diamonds. For 80% of its customers, lab-growns are their choice.Read full newsRead More

This Indicator Suggests It May Pay To Favor Gold Over Equities Going Forward

May 16, 2019 / seekingalpha.com

One chart I've been watching for the past few years is the ratio of Gold to the S&P 500.Over the last half-century, there have been good times to own gold and good times to own stocks and the two have rarely coincided.The trend in the ratio of the two (at the bottom of the chart below) has been a decent guide to understanding when to own each.This is based on an excerpt from a recent chart...Read More

De Beers, Namibia to spend $468m on world's first custom-built diamond searching ship

May 16, 2019 / www.mining.com

Debmarine, a 50/50 joint venture between world's No. 1 diamond producer by value, De Beers, and the government of Namibia, will build a $468 million-diamond recovery ship, the world's first custom-made vessel of such a kind and the seventh in the company's fleet.The vessel, slated to start operations in 2022, would add about 500,000 carats per year of production capacity to Debmarine Namibia's out...Read More

$CSSE - Chicken Soup for the Soul Entertainment's (CSSE) CEO William Rouhana on Q1 2019 Results - Earnings Call Tra...

May 16, 2019 / twitter.com

"$CSSE - Chicken Soup for the Soul Entertainment's (CSSE) CEO William Rouhana on Q1 2019 Results - Earnings Call Transcript https://t.co/uRU11XTjkU"Read full newsRead More

For investors new to the resource sector, one of the most important things to know is what prefeasibility and feasi...

May 16, 2019 / twitter.com

"For investors new to the resource sector, one of the most important things to know is what prefeasibility and feasibility studies are. https://t.co/aCS6idEYkx #resource #mining #prefeasibility #feasibility #investing"Read full newsRead More

$V - Visa Inc. (V) CEO Al Kelly Presents at J.P. Morgan Global Technology, Media and Communications Conference Call...

May 16, 2019 / twitter.com

"$V - Visa Inc. (V) CEO Al Kelly Presents at J.P. Morgan Global Technology, Media and Communications Conference Call (Transcript) https://t.co/U9dp8JV0FJ"Read full newsRead More

$TWTR - Twitter, Inc. (TWTR) Management Presents at J.P. Morgan 47th Annual Global Technology, Media and Communicat...

May 16, 2019 / twitter.com

"$TWTR - Twitter, Inc. (TWTR) Management Presents at J.P. Morgan 47th Annual Global Technology, Media and Communications Conference (Transcript) https://t.co/B8uDMu58Su"Read full newsRead More

Stocks Finish Higher For Second Day on Possible Delay of Auto Tariffs - TheStreet

May 16, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher for a second day Wednesday on a report that said the Trump administration will delay new auto tariffs for six months. Shares of Alibaba  (BABA - Get Report) rose after the online commerce company posted stronger-than-expected fourth-quarter earnings. Disney (DIS - Get Rep...Read More

GLOBAL NICKEL WRAP: European, Chinese premiums diverge; only US holds firm

May 16, 2019 / www.metalbulletin.com

European nickel premiums universally declined on Tuesday May 14 after weak regional demand for material manifested in depressed premiums across the board. Elsewhere, the cif Shanghai premium rose to a renewed 14-month high on fresh arbitrage profit opportunities on the back of a newly-opened import window.  The European briquette premium remained on a three-week downward trajectory on weak de...Read More

LIVE FUTURES REPORT 15/05: LME nickel spreads flip into backwardation; price rebounds 1.8%

May 16, 2019 / www.metalbulletin.com

Nickel's three-month price on the London Metal Exchange recovered at the close of trading on Wednesday May 15, climbing back above $12,000 per tonne while the metal's cash/three-month spread moved into backwardation for the first time since 2015.The metal's cash/three-month spread differential was recently seen in a backwardation of $9 per tonne, while its nearby June-July spread was now trading i...Read More

PEOPLE MOVES: Former LME chief Jones appointed non-executive director of ICBC Standard Bank

May 16, 2019 / www.metalbulletin.com

Garry Jones, former chief executive officer of the London Metal Exchange, has been appointed as independent non-executive director and remuneration committee chair at ICBC Standard Bank, Fastmarkets understands. Jones was appointed as CEO of the LME after its acquisition by the Hong Kong Exchanges & Clearing (HKEX) in 2012 and fulfilled the role until 2017, when current CEO Matthew Chamberlain...Read More

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