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
British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money."Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the sett...Read More
British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money."Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the sett...Read More
AG Barr will hold a press conference right as the stock market opensDow Jones Industrial Average (DJI) futures are trading modestly above fair value ahead of a busy day on Wall Street. In addition to a stronger-than-expected rise in March retail sales and another notable drop in weekly jobless claims -- which fell to their lowest level since September 1969 last week -- traders are also digesting a...Read More
Swedish engineering group Sandvik reported a better than forecast quarterly order intake on Thursday and said demand remained strong across all its business areas, sending an upbeat signal for the Nordic industrial sector.Sandvik's metal-cutting tools are seen as a good indicator of industrial demand as they are shipped with short lead times to a wide range of customers in the engineering, automot...Read More
* GRAPHIC-2019 asset returns: (Adds closing prices, quote)By Zandi ShabalalaLONDON, April 18 (Reuters) - Zinc prices sank to a one-monthlow on Thursday after inventories in London Metal Exchange (LME)warehouses climbed and weak manufacturing data in Europe tookthe shine off base metals.Base metals prices had jumped in the previous session afterupbeat GDP data from top consumer China but fell on Th...Read More
The world's top diamond producer by output, Alrosa (MCX:ALRS), announced this week the launching of diamond production at its Zarya pipe in Yakutia, eastern Russia.The new 300-meter deep deposit, operated by the Aikhal Mining and Processing Division and which started to be prepared for mining in 2016, is expected to have a mine life of over 10 years.To prepare the Zarya pipe, 14 million cubic mete...Read More
"The prestigious Mining Journal awards will once again gather the mining and #investment community on a glittering evening of entertainment with the opportunity to recognise outstanding companies and individuals across 14 categories #MJS #MJSelect #MJAwards https://t.co/1kmWvT1kit"Read full newsRead More
Newmont Mining's $10 billion acquisition of Canada's Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves.The mammoth company, to be led by Gary Goldberg until the end of the year, will mine in the Americas, Australia and Ghana, producing between 6 and 7 million ounces of gold annually o...Read More
Newmont Mining's $10 billion acquisition of Canada's Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves.The mammoth company, to be led by Gary Goldberg until the end of the year, will mine in the Americas, Australia and Ghana, producing between 6 and 7 million ounces of gold annually o...Read More
* Daimler's CEO designate to seek cost savings - ManagerMagazin * Mercedes to seek 6 bln euros' in cuts - Manager Magazin * Daimler Trucks to seek 2 bln euros in cuts - ManagerMagazin * Daimler declines comment (Adds line about job cuts)FRANKFURT, April 18 (Reuters) - Daimler islooking to make 6 billion euros ($6.75 billion) in cost savingsand efficiency gains by 2021 at Mercedes-Benz passenger ca...Read More
South Africa's Petra Diamonds (LON:PDL) has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has been unearthed at the operation.It is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered at Cullinan since MarchThe 209.9 carat, D colour, Type II gem-quality diamond is also the fourth such stone d...Read More
South Africa's Petra Diamonds (LON:PDL) has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has been unearthed at the operation.It is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered at Cullinan since MarchThe 209.9 carat, D colour, Type II gem-quality diamond is also the fourth such stone d...Read More
This new book is a must-read for the business-minded.A shocking new book is making its way through the academic, financial, and economic circles in America.According to one interview, it even became the #2 book in all of China!This book has become so popular because it identifies a big change in the U.S.'sfuture... which could inevitably lead to the fall of several of the most powerful tech compa...Read More
Niron Metals, an investment vehicle co-founded and headed by the former Xstrata boss Mick Davis, has signed an MOU with Liberia which will allow Niron to use a rail and port to export iron ore from Guinea's Zogota deposit, previously owned by BSG Resources (BSGR).Gaining access to the shipping route, the same one Guinea vetoed for years for the much larger Simandou project, could help Davis bring...Read More
Vancouver, British Columbia, April 18, 2019 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI), (OTCQB: FNNZF), a royalty company for the U.S. licensed cannabis industry is pleased to provide an update of its portfolio company QVI, Inc. which stands for Quality, Value, Integrity, doing business as "The Galley", a cannabis infused product manufacturer located in Sonoma County, California.QVI's imme...Read More
Published 22 Hours AgoUpdated7 Hours AgoReuters Getty ImagesGold held steady near a four-month low on Thursday as a stronger dollar offset concerns over global economic growth after the release of weak manufacturing data out of Europe.Spot gold was nearly unchanged at $1,273.79 per ounce, having fallen to its lowest since Dec. 27 at $1,270.63 earlier in the session. U.S. gold futures settled $0.8...Read More
Copper's three-month price on the London Metal Exchange climbed above $6,600 per tonne at the close of trading on Wednesday April 17, buoyed by strong GDP figures out of China while a softer dollar index below the psychological level of 97 supported afternoon buying.Volumes traded in the red metal reached their highest level since March 22 over the day, with more than 24,000 lots changing hands by...Read More
Gold production increased for the 10th consecutive year in 2018 to 107.3 million ounces (Moz), and is expected to reach a new record high of 109.6 Moz in 2019, according to the latest metals and mining research by S&P Global Market Intelligence. Although the year-over-year increase of just under 1% was the smallest in the last decade, output has risen by 40% since 2008. Christopher Galbraith...Read More
A new survey of 1,000 American retirees revealed that the vast majority of them either don't know what Bitcoin is, or are simply not interested in investing in it at this time. Retirees are not famous for being major risk-takers. In fact, quite the opposite is true with their age bracket. That said, it's surprising to learn that one third of them don't even know what Bitcoin is, according to resu...Read More