The online retail giant is trading near a $900 billion market capShares of Amazon.com, Inc. (NASDAQ:AMZN) last Friday set a new year-to-date high of $1,838.58, as the mega-retailer capitalized on a pair of well-received media reports. First, traders priced in relief after learning that CEO Jeff Bezos would retain 75% of his stock in the company under the terms of his divorce, while maintaining sol...Read More
Greenstone Gold Mines, a 50/50 joint venture between Canadian miners Centerra Gold (TSX:CG) and Premier Gold (TSX:PG), has kicked off a core and reverse circulation drilling program at its Hardrock project in southern Ontario.The company, which received the province's final approval for the proposed gold mine last month, aims to develop an open pit operation that could be in production for almost...Read More
Greenstone Gold Mines, a 50/50 joint venture between Canadian miners Centerra Gold (TSX:CG) and Premier Gold (TSX:PG), has kicked off a core and reverse circulation drilling program at its Hardrock project in southern Ontario.The company, which received the province's final approval for the proposed gold mine last month, aims to develop an open pit operation that could be in production for almost...Read More
* Dollar dips to lowest in more than a week * China, Turkey raise gold holdings * SPDR gold holdings drop for 6th straight session * Platinum hovers below 10-month peak hit on Monday (Updates prices)By Sumita LayekApril 9 (Reuters) - Gold rose on Tuesday to its highest inmore than a week, supported by a retreating dollar and increasedbuying by central banks.Spot gold was up 0.6 percent at $1,304.3...Read More
* STOXX 600 slides from eight-month high hit earlier onTuesday * Airbus and its suppliers fall on threat of U.S. tariffs * Tech stocks slide, SAP hit by HSBC, UBS rating downgrades (Updates to close)By Aaron SaldanhaApril 9 (Reuters) - European shares slid on Tuesday, withmost sectors falling after the United States threatened to slaptariffs on goods from the European Union, with worriescompounded...Read More
VANCOUVER, BC / ACCESSWIRE / April 8, 2019 / Ximen Mining Corp. (TSXV:XIM, ", Ximen", or the ", Company", )) announces that it has entered into an...Read full newsRead More
How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More
Anglo American's De Beers said Tuesday it saw rough diamond sales value jump about 10% in the third sales cycle of the year on the back of stable demand.The world's top diamond producer by value, which reports on 10 sales cycles each year, sold $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.Chief executive Bruce Cleave...Read More
Anglo American's De Beers said Tuesday it saw rough diamond sales value jump about 10% in the third sales cycle of the year on the back of stable demand.The world's top diamond producer by value, which reports on 10 sales cycles each year, sold $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.Chief executive Bruce Cleave...Read More
Total gold holdings in ETFs grew marginally in March, resuming an upward trend that started last fall.Total holdings of the yellow metal globally rose 3 tons, with increases seen in every region, according to the most recent data released by the World Gold Council.ETFs worldwide currently hold 2,483 tons of gold valued at approximately $103 billion.By SchiffGold Total gold holdings in ETFs grew ma...Read More
LONDON, April 8, 2019 /PRNewswire/ -- This is a story that began over 2,000 years ago when the Romans uncovered $16.8 billion in gold...Using only hammers...Read full newsRead More
TORONTO, April08, 2019(GLOBE NEWSWIRE) -- HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announ...Read full newsRead More
Published 23 Hours AgoUpdated7 Hours AgoReuters Edgar Su | ReutersGold rose to its highest in more than a week on Tuesday as the dollar and equities weakened after the International Monetary Fund cut its global economic growth forecasts for the year, with increased buying by central banks lending further support.Spot gold rose 0.5 percent to $1,303.98 per ounce, having hit its highest since March...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Monday, pulled lower by Boeing (BA - Get Report) after the aerospace giant was downgraded and said it would slow production of its troubled 737 MAX aircraft following two fatal accidents. General Electric (GE - Get Report) tumbled after the stock was downgraded by JPMorgan to underweight...Read More
Copper's three-month price on the London Metal Exchange had gone up by the close of trading on Monday April 8, once again trading at more than $6,500 per tonne over the afternoon, while a marginal dip in the US dollar index helped zinc's three-month price recover to more than $2,900 per tonne.Volumes traded in copper topped the complex over the day, with more than 13,000 lots changing hands by the...Read More
The deadly breach of one of Vale's tailings dams in Brazil this year was a harsh reminder for the mining sector that it needs to consistently operate within the parameters of strict controls and stay alert to potentially tragic risks, according to the chief executive officer of Anglo American's copper business. Hennie Faul said in an interview with Fastmarkets as part of the annual Cesco industry...Read More
Current global geopolitics add an element of uncertainty to the copper sector but the market's solid fundamentals have prevented a strong reaction in the metal's price, according to Hennie Faul, the chief executive officer of Anglo American's copper business.There is nonetheless an inevitable knock-on impact on decision-making for investments, Faul said in an interview with Fastmarkets as part of...Read More
With copper executives gathering in the Chilean capital of Santiago for this year's CESCO-organized copper industry convention, interest in mined copper concentrates was being boosted by disruptions to trade flows in copper scrap.Since last year, China's copper scrap imports have been restricted by a series of policies designed to restrict the amount of waste the country processes and to tackle it...Read More
The mining, production and concentrate transport at MMG's Las Bambas copper mine in Peru is expected to progressively return to normal operations, the mining company said on Monday April 8 in a notice to the Hong Kong Exchange. The resumption comes after an agreement was reached between MMG and the community of Nueva Fuerabamba. "In response, the community has agreed to lift their current roadbloc...Read More
The Chinese antimony price, despite dropping for the sixth consecutive week, has slowed its pace of descent in the latest assessment period ended Wednesday April 3 after suppliers resisted cutting prices and halted production instead to avoid further losses. Meanwhile, low offers were heard in Europe, where prices continued to follow a downtrend last week. Fastmarkets' price assessment for MM...Read More