Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Nevada-Based Precious Metals Miner Announces Merger ProposalSource: Streetwise Reports March 22, 2018 (Investorideas.com Newswire) George Topping, an analyst with iA Securities, discussed the business combination arrangement on the table betwee...Read More
CloseGain/LossGold $1328.30-$5.10Silver$16.39-$0.21XAU79.39-1.49%HUI171.70-1.60%GDM601.72-1.28%JSE Gold1089.96+23.19USD89.78+0.13Euro123.11-0.36Yen95.09+0.47Oil$64.30-$0.8710-Year2.821%-0.061T-Bond144.90625+1.40625Dow23957.89-2.93%Nasdaq7166.68-2.43%S&P2643.69-2.52% The Metals: Gold chopped between $1327.50 and $1333.80 in Asia before it fell to a new session low of $1324...Read More
The Turkish deep-sea scrap import market had another quiet day on Thursday March 22, with the country's steel mills absent from trading for a second week, sources said.There has been no significant trading since the mills in the Middle Eastern country stepped back from the deep-sea scrap markets on March 9, when the United States applied a 25% duty on imports of steel products following its Sectio...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Gold-Silver Mining Development Firm to Sell Its Nevada AssetsSource: Streetwise Reports March 22, 2018 (Investorideas.com Newswire) Three analysts shared the details and their opinions of the proposed transaction.Analyst Jamie Spratt with Claru...Read More
By: Nicholas LePan, GoldSeek.com As Gold prices have stabilised, large operators are looking to grow their resources to support their processing operations and to maximize returns on capital expenditures by extending the life of the mine, this bodes well for junior miners that are well positioned near producing mines. Eagle Plains Resources Ltd. (TSX-V: EPL) is one junior that holds a significa...Read More
Goldman Sachs lost its place among the top three earners of commodities-related revenue in 2017, falling below rivals JPMorgan, Morgan Stanley and Citibank for the first time, data from analytics firm Coalition showed.U.S.-based investment bank Goldman has been among the top three since Coalition started compiling the figures in 2010, having a longstanding reputation for generating revenue from co...Read More
Danielle Dimartino-Booth says Fed Chair Jerome Powell's plain-language is a big change from previous heads of the U.S. central bank.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed...Read More
Asian zinc alloy users from different sectors are quickening their pace to test new alternative raw materials following the price hike last year, major zinc alloy distributor Lee Kee Group told Metal Bulletin in an interview."We talk very often with downstream zinc users. For substitution, the zinc price is only one of the concerns. Yet the high price gap between zinc and aluminium has definitely...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop 92 Resources Corp. (TSXV: NTY) (OTCQB: RGDCF) Frac Sand Potential Enhanced at Golden Metallurgical Silica and Frac Sand Project, BC Vancouver, British Columbia - March 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) 92 Resources Corp. (T...Read More
Technical analyst Clive Maund talks about the world's largest and lowest cost producer of both lead and silver.South32 Ltd. (S32:ASX) has the distinction of owning the giant Cannington Mine, the world's largest and lowest cost producer of both lead and silver, which is good to know, since we are of the opinion that silver is at a very low price and is an extremely good value investment here. The c...Read More
(Reuters) - U.S. stocks dropped on Thursday but managed to recover from earlier lows in the wake of an action by President Donald Trump to impose tariffs on up to $60 billion of Chinese imports.Trump, according to a presidential memorandum he signed, will target the imports only after a consultation period. China will have space to respond, reducing the risk of immediate retaliation from Beijing.T...Read More
(Bloomberg) - One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.The collapse in commodities through 2015 hobbled some of Africa's biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent'...Read More
By Dave KranzlerThe stock market is more overvalued now than at any time in U.S. history. Sure, permabulls can cherry pick certain metrics that might make valuations appear to be reasonable. But these metrics rely on historical comparisons using GAAP accounting numbers that simply are not remotely comparable over time. Because of changes which have liberalized accounting standards over the last...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) Announces Signing of Letter of Intent to Acquire Development Stage Co-Ni-Cu Deposit in Finland Vancouver, British Columbia - March 22, 2018 (Newsfile Corp.) (Investorideas.com Newsw...Read More
George Topping, an analyst with iA Securities, discussed the business combination arrangement on the table between the two mining companies. Rye Patch's Florida Canyon MineGeorge Topping, an iA Securities analyst, reported in a March 19 research note that Rye Patch Gold Corp. (RPM:TSX.V; RPMGD:OTCQX) announced that Alio Gold would acquire all of its outstanding shares. "While the offer for Rye P...Read More
The Dow dropped more than 700 points for its worst loss since Feb. 8The Dow finished deep in the red today, as snowballingtrade war concerns sent the blue-chip index more than 700 points lower -- its worst loss since Feb. 8.The panic-selling was fueled by President Trump's $60 billion in tariffs on China -- the "first of many" -- with Boeing (BA) stock among the biggest Dow losers amid renewed con...Read More
Federal Reserve policymakers Wednesdaypulled off an illusion that has Harry Houdini rolling over in his grave. Theymanaged to pretend to raise rates while keeping massive pressure on the dollar.The move was a zero-sum game for global interest rates, meaning that if you area foreign borrower, because of the weakness in the dollar, your interest ratesstayed the same.Gold loved the news and ralliedov...Read More
The repeated instances of civil unrest during recent weeks offer yet more evidence that large numbers of Guineans hold the government in complete contempt amid mass school closures and controversy over the recent local elections. But among the numerous protests are renewed signs that many people also blame mining companies for the state's failure to contribute to their wellbeing. Anti-government s...Read More
CloseGain/LossGold $1328.30-$5.10Silver$16.39-$0.21XAU79.39-1.49%HUI171.70-1.60%GDM601.72-1.28%JSE Gold1089.96+23.19USD89.78+0.13Euro123.11-0.36Yen95.09+0.47Oil$64.30-$0.8710-Year2.821%-0.061T-Bond144.90625+1.40625Dow23957.89-2.93%Nasdaq7166.68-2.43%S&P2643.69-2.52% The Metals: Gold chopped between $1327.50 and $1333.80 in Asia before it fell to a new session low of $1324...Read More