Popular News

All eyes on the golden triangle as summer drill season begins

June 28, 2018 / www.mining.com

An explorer that received good drill results last year is one of the first out of the gate to follow up this summer.Industry watchers are keeping their eyes on summer drilling in British Columbia's Golden Triangle for signs of the next GT Gold or Garibaldi Resources, both of whose shares leaped last year after the announcement of significant discoveries.One company on the radar screen is Aben Reso...Read More

Adidas warns about a potential data breach

June 28, 2018 / marketsanity.com

On June 26, Adidas became aware that an unauthorized party claims to have acquired limited data associated with certain Adidas customers," Continue...Read More

The Big Bonanza: The richest mineral discovery in American history

June 28, 2018 / www.mining.com

Mining explorations have always been massive gambles, even on the Comstock Lode, the legendary vein of gold and silver ore running beneath the mountainside town of Virginia City, Nevada,the most important town in the young state. In 1872, John Mackay and his three partners invested everything they'd "raised" from their previous mining ventures in the Consolidated Virginia mine. In the early days...Read More

Two Views of the Putin/Trump Summit - Paul Craig Roberts

June 28, 2018 / marketsanity.com

The meeting that the Deep State strived to make impossible with fabricated "Russiagate" assertions and an orchestrated "investigation" byContinue...Read More

AngloGold says no production impact from Guinea power protests

June 28, 2018 / www.mining.com

DAKAR, June 28 (Reuters) - AngloGold Ashanti said on Thursday that there has been no production impact at its Siguiri gold mine in Guinea despite two days of violent protests over prolonged electricity outages by communities around the mine.Youths barricaded roads, clashed with security forces and tried to force through the gates of the mine on Wednesday as around one thousand demonstrators surrou...Read More

EUROPE ALLOY STEEL SURCHARGE: July values hit seven-year high on nickel costs

June 28, 2018 / www.metalbulletin.com

European alloy steel surcharges for July deliveries of grade-304 cold-rolled (CR) stainless steel sheet have risen for the sixth consecutive month on an increase in nickel costs to reach their highest level since June 2011. The July alloy surcharge for 2mm grade-304 CR stainless steel sheet - based on data published by Outokumpu, Acerinox and Aperam - is ?,?1,624-1,648 ($1,886-1,914) per tonne. Th...Read More

Mining investors spooked as African dispute payments multiply

June 28, 2018 / www.mining.com

(Bloomberg) - Miners across Africa are increasingly using one-time payments to settle disputes with governments, a trend that's disturbing some investors.A $150 million payment by Glencore Plc's Katanga Mining Ltd. to the Democratic Republic of Congo's Gecamines earlier this month followed Freeport McMoRan Inc.'s separate $100 million settlement with the state-owned company in January 2017. Last O...Read More

Nomi Prins - What central bankers really think about the economy

June 28, 2018 / marketsanity.com

TOPICS IN THIS INTERVIEW:00:45 The central banker's inside perception of the economy?06:05 Consequences of an economy based on debt and inflation13:15 Trump and the central banks - who dominates who?16:35 Where to learn about the central banks financial tyrannyNomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a S...Read More

Lumina Gold soars on positive economic assessment for Ecuador project

June 28, 2018 / www.mining.com

Shares in Canadian gold junior Lumina Gold (TSX-V:LUM) (OTC:LUMAF) jumped Thursday after the company announced it had received positive results of the Preliminary Economic Assessment (PEA) for its Cangrejos gold-copper project in southern Ecuador.Based on the PEA, the asset has gained a place in the list of top 15 undeveloped gold projects in the world based on its average annual production pote...Read More

Max Keiser discusses Trump's escalating trade war with China

June 26, 2018 / marketsanity.com

Click Here to Listen to the Interview As Steve Mnuchin, the US Treasury Secretary, insists he is not afraid of China taking the nuclear option of dumping US Treasury bonds, the President, Donald Trump, heats up the trade war by threatening tariffs on $450 billion worth of goods made in China. But it's not only China; Trump is threatening to take his trade war global and slapping tariffs on...Read More

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

June 28, 2018 / www.kitco.com

WASHINGTON (Reuters) - Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.A coalition representing major foreign automakers including Toyota Motor Corp, Volkswagen AG (VOWG_p.DE), BM...Read More

Sibanye-Stillwater hit with lawsuit over mounting fatalities, losses

June 28, 2018 / www.mining.com

A US law firm has filed a class action lawsuit against South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) on behalf of shareholders over losses suffered after a series of deaths at its mines, which has caused a sharp drop of the stock price.Suit comes after a fatality at the Khomanani mine earlier this week brought the death toll on company's premises to 21 so far this year.Bernstein Liebhar...Read More

Walgreens tops profit estimates, authorizes share buyback

June 28, 2018 / www.kitco.com

(Reuters) - Walgreens Boots Alliance Inc’s (WBA.O) third-quarter profit beat analysts’ expectations on Thursday, benefiting from its acquisition of Rite Aid Corp (RAD.N) stores, and the drugstore chain authorized a $10 billion share buyback program.Walgreens scrapped its deal to buy Rite Aid outright last year after failing to win antitrust approval, and said it would instead buy some...Read More

Steel mills encouraged to go digital - ASSF 2018

June 28, 2018 / www.metalbulletin.com

Steelmakers around the world can improve their plant performance, safety and product quality by further digitizing their processes, delegates at the Asian Stainless Steel Forum 2018 heard on Thursday June 28.Mills could automate their electric-arc furnaces (EAFs) and converters, deploying smart sensors and collecting big data to improve processes, Zhai Yuyou, director of sales at technology provid...Read More

All Eyes on the Golden Triangle As Summer Drill Season Begins

June 28, 2018 / www.theaureport.com

An explorer that received good drill results last year is one of the first out of the gate to follow up this summer. Industry watchers are keeping their eyes on summer drilling in British Columbia's Golden Triangle for signs of the next GT Gold or Garibaldi Resources, both of whose shares leaped last year after the announcement of significant discoveries.One company on the radar screen is Aben Re...Read More

Gold Exploration in US Great Basin Fueling Resource Growth

June 28, 2018 / www.theaureport.com

This gold explorer looks to past-producing mines to find potential. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) started off the new year with a bang and has continued to focus on its three gold exploration projects: Goldstrike, Black Pine and Kinsley, all located in the sweet spot known as the U.S. Great Basin.The company announced additional drilling results from the western an...Read More

Amazon buys PillPack, an online pharmacy, for just under $1B

June 29, 2018 / marketsanity.com

"PillPack is meaningfully improving its customers' lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel Continue...Read More

The Flattening Yield Curve Spells Doom

June 28, 2018 / marketsanity.com

The yield curve is dangerously close to inverting - a signal which often precedes a recession in America by about 6 months.Continue...Read More

Ray Dalio Takes A Step Back From Bridgewater

June 28, 2018 / marketsanity.com

Ray Dalio's influence over the world's largest hedge fund will be decreasing over the next few yearsContinue...Read More

Inflation in parts of Germany holds above ECB target in June

June 28, 2018 / www.kitco.com

BERLIN, June 28 (Reuters) - Inflation in some German regions held this month above the target rate set by the European Central Bank, data showed on Thursday, pointing to robust consumer demand and supporting the ECB's decision to shut its bond purchase scheme in December.With inflation firming in the euro zone, the ECB said earlier this month it would end its crisis-era bond buying programme - ori...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok