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Low Rates Have Buried Canadians Under A Mountain Of #Debt | Zero Hedge

March 28, 2019 / www.zerohedge.com

Canadians now collectively owe C$2.16 trillion, which as a share of GDP is the highest debt load in the Group of Seven economies.Read full newsRead More

IRA/401K Investment Guide: 2019 Stock Market Crash

March 28, 2019 / www.schaeffersresearch.com

Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More

March Jobs Report, Walgreens Earnings Due for Release

March 28, 2019 / www.schaeffersresearch.com

A weak jobs report for March could spark more fears about the U.S. economyThe earnings calendar for next week is relatively quiet, save for releases from Dow component Walgreens Boots Alliance (WBA) and beer maker Constellation Brands (STZ). However, Friday's nonfarm payrolls report for March more than makes up for that, as Wall Street will continue to gauge the health of the U.S. economy amid fea...Read More

Russia's Nornickel to spend $1.4B on two expansion projects

March 28, 2019 / www.mining.com

Russian nickel and palladium producer Norilsk Nickel (Nornickel) said it will invest up to 90 billion roubles ($1.4 billion) over four years in two major projects in Russia.The projects - expansion and reconstruction of the Talnakh ore concentrator and development of the South Cluster mine - come as Nornickel aims to ramp up nickel output and tap an expected boom in demand from electric vehicle ma...Read More

Chile's Codelco to boost production at El Teniente copper mine

March 28, 2019 / www.mining.com

Chile's state miner Codelco, the world's No.1 copper producer, plans to boost production at its El Teniente mine to more than 500,000 tonnes per year by 2025, a first in the operation's history.The production increase would position the mine, which produced 465,000 tonnes of the red metal in 2018, among the world's five largest copper operations, local paper El Mercurio reports.El Teniente is the...Read More

Amarin Stock Rallies as Vascepa Earns ADA Nod

March 28, 2019 / www.schaeffersresearch.com

Heavy AMRN call buying could be the result of short sellers hedgingAmarin Corporation (NASDAQ:AMRN) stock is up 4.5%% to trade at $18.75, after the American Diabetes Association (ADA) recommended Vascepa, Amarin's fish oil-based triglyceride treatment, for patients with diabetes and certain types of heart disease. Jefferies called the decision an "incremental positive," while Cantor Fitzgerald re...Read More

Earnings, Guidance Have Analysts Running to PVH Stock

March 28, 2019 / www.schaeffersresearch.com

The apparel company posted fourth-quarter earnings and revenue that beat analyst expectationsThe shares of apparel concern PVH Corp (NYSE:PVH) are soaring -- up 15.2% at $127.72 -- after the company posted fourth-quarter earnings and revenue that beat analysts expectations. PVH said social media influencers, like Kendall Jenner, have helped accelerate sales of its Tommy Hilfiger and Calvin Klein b...Read More

Analysts React to Five Below Earnings Beat

March 28, 2019 / www.schaeffersresearch.com

Loop Capital: FIVE stock is a "must own"Shares of bargain retailer Five Below Inc (NASDAQ:FIVE) are up nearly 7% at $128.15 this morning, after the company reported a fourth-quarter earnings beat. Analysts have been quick to respond, with no fewer than six price-target hikes for FIVE, including to $133 from $132 at Dougherty. In addition, Loop Capital reiterated a "buy" rating and $145 price targ...Read More

Wesfarmers $1.5B bid on rare-earth company may be a sign of moves to come

March 28, 2019 / www.mining.com

In what looks to be a brow-raising move, Wesfarmers has made a bid to acquire a rare-earth producer for $1.5 billion, a foray into the clean energy space where rare-earths will play a vital role in the rollout of electric vehicles and other clean energy products.Following the announcement on Tuesday, shares in Lynas Corporation (ASX: LYC) rose 40% to close at $2.10 with the takeover bid valuing Ly...Read More

Southern Madagascar emerging as global hub for battery-suitable graphite

March 28, 2019 / www.mining.com

If you haven't seen the popular animated film franchise, you'd be forgiven for not knowing much about Madagascar, but that could be changing very soon. Graphite, as one of the most conductive materials, is set to be key to our sustainable future, and recent exploration in Southern Madagascar has identified the Ampanihy structure zone as what could soon become a global hub of battery-suitable graph...Read More

Gold Technical Analysis: Break below key technical levels opens room for a retest of $1300 mark

March 28, 2019 / www.fxstreet.com

   •  The precious metal extended this week's retracement slide from near one-month tops and remained under some selling pressure for the third consecutive session on Thursday.    •  The downward trajectory dragged the commodity below 200-hour SMA and towards confirming a near-term bearish break below a three-week-old ascending trend-channel formation. &...Read More

Struggling small miners may lead to bigger industry woes

March 28, 2019 / www.mining.com

Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities and a world still largely awash with cheap credit.The problems facing these 'junior' mining explorers may also have implications beyond a bunch of seemingly inconsequential companies struggling to progress. How they cope is likely to affect how the mi...Read More

Struggling small miners may lead to bigger industry woes

March 28, 2019 / www.mining.com

Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities and a world still largely awash with cheap credit.The problems facing these 'junior' mining explorers may also have implications beyond a bunch of seemingly inconsequential companies struggling to progress. How they cope is likely to affect how the mi...Read More

Bullish Bias Grows on Immunotherapy Stock

March 28, 2019 / www.schaeffersresearch.com

Many analysts believe the stock can doubleThe shares of immunotherapy stock Affimed NV (NASDAQ:AFMD) saw a small pop on Wednesday following the company's full-year 2018 financial report. Analysts at BMO were impressed enough to lift their price target to $7 from $6, and SVB Leerink began coverage on the healthcare concern with an "outperform" designation and $8 price target.Such attention from the...Read More

Stock Futures Waver as GDP Revised Lower

March 28, 2019 / www.schaeffersresearch.com

The U.S. and China have reportedly made "unprecedented" progress on trade talksDow Jones Industrial Average (DJI) futures are perched just below fair value this morning. Investors are digesting a 2.2% rise in fourth-quarter gross domestic product (GDP) --on par with estimates, but downwardly revised from the previous reading of 2.6%. Trade talks between the U.S. and China are also in focus, after...Read More

South African mining charter challenge dents Ramaphosa plans

March 28, 2019 / www.mining.com

South African mining companies are challenging parts of a government charter aimed at redistributing the country's mineral wealth, saying it will deter new investment in the industry.The charter is in breach of a court order issued last April, which ruled that previous versions of the regulations didn't require miners to top up black-shareholding levels if they previously met a minimum 26 percent...Read More

South African mining charter challenge dents Ramaphosa plans

March 28, 2019 / www.mining.com

South African mining companies are challenging parts of a government charter aimed at redistributing the country's mineral wealth, saying it will deter new investment in the industry.The charter is in breach of a court order issued last April, which ruled that previous versions of the regulations didn't require miners to top up black-shareholding levels if they previously met a minimum 26 percent...Read More

South African mining charter challenge dents Ramaphosa plans

March 28, 2019 / www.mining.com

South African mining companies are challenging parts of a government charter aimed at redistributing the country's mineral wealth, saying it will deter new investment in the industry.The charter is in breach of a court order issued last April, which ruled that previous versions of the regulations didn't require miners to top up black-shareholding levels if they previously met a minimum 26 percent...Read More

Johnson Matthey chooses Poland to produce new battery materials

March 28, 2019 / www.mining.com

Chemicals group Johnson Matthey has secured a site in Poland to produce ultra-high energy battery materials and signed a 10-year supply deal with Canada's Nemaska Lithium as it seeks to grow its exposure to the electric vehicle market.Plant construction should begin this year at Konin, about 200 kilometres west of Warsaw, and it would have the potential to produce up to 100,000 tonnes per year, Jo...Read More

Firestone Diamonds halts Liqhobong mine expansion plans, limits losses

March 28, 2019 / www.mining.com

Africa-focused Firestone Diamonds (LON:FDI) has put plans to extend the life of its 75%-owned Liqhobong mine in Lesotho on the back burner, saying that current market conditions don't support the project.The company, which reported 2019 interim results on Thursday, managed to limit its losses in the six months to December 31, 2018, despite a global price slump for smaller, lower-value diamonds.Fi...Read More

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