New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More

The price of gold came under pressure on Tuesday ahead of a long weekend for North American markets, dropping to its lowest level yet in 2019. Gold for delivery in June fell to $1,275.50 per ounce in heavy volume of nearly 30m ounces traded as investors rotate money out of gold and into US stock markets, which are slowly creeping back into record territory.Also weighing on sentiment is a new repor...Read More

However, the DJI is off its session highsThe Dow Jones Industrial Average (DJI) is off its intraday highs, but remains comfortably above breakeven, with help from blowout earnings from Johnson & Johnson (JNJ). However, while UnitedHealth Group (UNH) stock initially moved higher after earnings, it's now the worst blue chip at midday, as health insurers sink on concerns about proposed changes to th...Read More

Gold Resource Corporation (NYSE:GORO) (the Company) announced the appointment of Ms. Kimberly Perry to the Company's Board of Directors effective April 11, 2019. Read full newsRead More

Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More

The first phase of a 40,000-tonne per year battery cathode material project in southeast China's Fujian province has been put into production, according to the local government.The 3.1 billion yuan ($462.07 million), three-phase project in Dongqiao is a joint venture between Xiamen Tungsten and Fujian Mindong Electric Power Co. It will be China's largest plant for production of cathode materials f...Read More

The tech stock is trading in record-high territoryCloud-based software concern Oracle Corporation (NYSE:ORCL) has been rallying hard since its December lows, up more than 28% in that time frame. The stock just touched an all-time high on April 1, and we believe now is an opportune time to bet on its next leg higher. In spite of ORCL's impressive rally, the brokerage bunch is still sitting on the...Read More

Zinc is coming under sustained attack from bearish funds.The trigger for the assault was Tuesday morning's London Metal Exchange (LME) stocks report, showing 10,625 tonnes of inflow into exchange warehouses.The London zinc price slumped from $2,867.00 per tonne to $2,821.50 in 30 minutes. It stabilised briefly before heading lower and was last around $2,815.00.Funds have pounced on the stocks sign...Read More

D.A. Davidson says ELF shares could have a lot of room to rune.l.f. Beauty Inc (NYSE:ELF) is trading up 4.8% this morning at $12.11, putting some distance between the stock and its 200-day moving average, while setting it up for the highest close since early December. Sparking the latest move higher from ELF shares is an upgrade to "buy" from "neutral" at D.A. Davidson, which more than doubled its...Read More

A short squeeze could propel CRSP higherTwo pharma names are scaling the Nasdaq this morning, thanks to favorable rulings from the Food and Drug Administration (FDA). First up is CRISPR Therapeutics AG (NASDAQ:CRSP), up 9.1% to trade at $40.52, after the FDA granted fast-track designation for CTX001 -- atreatment of transfusion-dependent beta thalassemia, a blood disorder -- made by CRISPR and V...Read More

Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we've found is eyebrow-raising, to say the least. It may be the best reason you've ever read for wanting to buy gold.Take this headline from the Northern Miner: "Editorial: Central banks are major gold buyers in 2019". Citing statistics from the World Gold Council, the Northern Miner reports that cent...Read More

Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we've found is eyebrow-raising, to say the least. It may be the best reason you've ever read for wanting to buy gold.Take this headline from the Northern Miner: "Editorial: Central banks are major gold buyers in 2019". Citing statistics from the World Gold Council, the Northern Miner reports that cent...Read More

The stock is trading near the top of the Dow this morningUnitedHealth Group Inc (NYSE:UNH) stock is near the top of the Dow this morning, after the largest U.S. health insurer reported stronger-than-expected adjusted first-quarter profit of $3.73 per share and revenue of $60.31 billion. UNH also boosted its full-year profit forecast, thanks to higher prescription volumes atits pharmacy benefits bu...Read More

Final data for the Phase 1 study is being poorly received The shares of WAVE Life Sciences Ltd (NASDAQ:WVE) are near the bottom of the Nasdaq today, after the biotech released data for its Duchenne muscular dystrophy (DMD) treatment, suvodirsen. Safety and tolerability data for the Phase 1 study appeared worse than rival Sarepta Therapeutics' (SRPT) DMD drug, eteplirsen. As a result, WVE stock is...Read More

The Spring Meeting of the World Bank and the IMF, during which the latter organization released its fresh World Economic Outlook, has just ended. What are the takeaways for the gold market? Stagnation or Acceleration after the Slowdown? In Thursday’s Gold News Monitor, we pointed out that the IMF significantly cut outlook for the Eurozone’s economic growth this year from 1.6 to 1.3 per...Read More

Cisco Systems stock has been hot in 2019Tech firm Cisco Systems, Inc. (NASDAQ:CSCO) is slightly higher in early trading, last seen up 0.5% at $56.81. Goldman Sachs removed the stock from its Americas Conviction but left its "buy" rating in place, expecting more upside thanks to the company's Cat 9k product cycle. Goldman also raised its fiscal year 2020 revenue forecast by 1.5%, and hiked its pric...Read More

It's not quite yet pistols at dawn, but Rio Tinto's polite warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.These factions could be described as the "green" miners, who produce the minerals essential for the transition from the age of oil to the age of electricity, and the "dirty" mi...Read More

It's not quite yet pistols at dawn, but Rio Tinto's polite warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.These factions could be described as the "green" miners, who produce the minerals essential for the transition from the age of oil to the age of electricity, and the "dirty" mi...Read More

UNH and JNJ stocks are creating tailwinds todayDow Jones Industrial Average (DJI) futures are trading above fair value, thanks to positive earnings reactions for blue chips UnitedHealth (UNH) and Johnson & Johnson (JNJ). Dovish comments from Boston Fed President Eric Rosengren could also be creating tailwinds, with the central banker saying last night, "It's appropriate for interest rates to be pa...Read More

A railway that carries zinc from major producers such as Glencore across Australia's Outback is expected to reopen this month, Queensland's transport minister said on Tuesday."Every resource has been made available to accelerate recovery works," Mark Bailey said in a statement. "Queensland Rail expects to reopen the full length of the 1,000-km Mount Isa line from Monday, April 29," he said.The 1,0...Read More