In this week's Insights newsletter, we quickly review whether our insider signals are suggesting boom or bust ahead. Our insider of the week is the CEO of an industrial company that inspired us to launch the INK No-Go stock list.Click here to read this week's edition and registration is not required.Read More
The company reported weakening sales growth for its first-quarter The shares of Urban Outfitters, Inc. (NASDAQ:URBN) are slipping today, after the retailer reported slower growth for its first quarter. Specifically, the firm posted per-share earnings that beat analysts' estimates, but came in 7 cents lower than last year's results, as well as weakening sales and shrinking gross margins -- mostly d...Read More
The Philippines has passed a law exempting gold sales by small-scale miners to the central bank from excise and income taxes to beef up the country's foreign exchange reserves and prevent smuggling, the Bangko Sentral ng Pilipinas said on Wednesday.Philippine President Rodrigo Duterte signed the law into effect on March 29, the central bank said in a statement.By law, all gold produced by small mi...Read More
Weekly options traders targeted HD's post-earnings actionLowe's Companies, Inc. (NYSE:LOW) is set for a large sell-off after the company reported quarterly earnings that were below analysts' expectations. On top of that, the retailer lowered its full-year profit forecast. Shortly before the open, LOW shares were down 8.5%, which would put them at $101.68, back below the 200-day moving average. The...Read More
China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.The two countries are locked in tit-for-tat tariff increases on each other's imports, after talks broke down to resolve their dispute.Acrimony has intens...Read More
The FOMC meeting minutes are set for release later todayFutures on the Dow Jones Industrial Average (DJI) are trading below fair value, with a busy day already taking off for investors. Retail stocks are weighing heavy after a slew of disappointing earnings reports, while chip stock Qualcomm (QCOM) is down 10% in electronic trading, after U.S. District Judge Lucy Koh ruled the tech firm used antic...Read More
Aurubis, Europe's biggest copper smelter, said on Wednesday it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals."Due to megatrends such as smart homes, e-mobility, digitalisation and renewable energies, both the quantity and the complexity of secondary raw materials will increase significant...Read More
Aurubis, Europe's biggest copper smelter, said on Wednesday it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals."Due to megatrends such as smart homes, e-mobility, digitalisation and renewable energies, both the quantity and the complexity of secondary raw materials will increase significant...Read More
Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday.The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down, Americo Contreras, a representative of the public ombudsman...Read More
Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday.The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down, Americo Contreras, a representative of the public ombudsman...Read More
Tesla has updated its online configurator to reduce the price of the Model S and Model X by $3,000 and $2,000, respectivelyRead full newsRead More
The collateral for African Export-Import Bank's $500 million loan to Zimbabwe is a mine that hasn't been dug yet, people familiar with the matter said.The loan, which will be paid over four years when production starts, is backed by a mine that Great Dyke Investments, a venture between Russian investors and the Zimbabwean military, plans to build at a cost of $4 billion, the people said. The mine,...Read More
The European elections take place this Thursday in the UK and the polling suggests a win by a large majority by the Brexit Party.Theresa May intends to ask her cabinet to sign off a package of Brexit concessions this week, as she ramps up for one last bid to win over MPs.The lack of clarity surrounding this issue is having a negative effect on both the Pound and the Euro and thus the US Dollar gli...Read More
Glencore Plc will supply cobalt feedstock to restart First Cobalt Corp's re...Read full newsRead More
". @Elemental_Royal Managing Director Frederick Bell will be joining the panel discussion 'From Alternative to Mainstream: How Royalties has changed the face of #MiningFinance' at #MJSelect#MJS"Read full newsRead More
"A seasoned fund manager and investor with over 15 years experience directing open-ended funds and private equity investments in natural resources, #SectorInvestmentManagers CEO Angelos Damaskos will be sharing his expertise this June at the #MJSelect conference! #MJS"Read full newsRead More
Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More
Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More
Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More
Australia's largest gold producer, Newcrest Mining (ASX: NCM), will begin in June the most extensive drilling program to date at Greatland Gold's (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m be...Read More