Eight of the thirteen gold miners trapped underground at Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) Masakhane mine in South Africa remain missing, the company said after a seismic event caused a fall of ground in an operating stope at one of the company's gold mines.Contact was made with six workers earlier on Thursday and two two were brought to surface safely, the firm said, but one of them reg...Read More
You've no doubt heard of the White Helmets, aka the Syria Civil Defense. They claim to be a neutral entity in Syria. They say they are just helping people caught in the middle of a civil war. But are they? Follow the money and you will find numerous ties to government funding from not only the U.S., but the U.K., Netherlands, Denmark and Germany. Read More
By RambusSince roughly the middle of January of this year we've seen some big changes in character taking place in many different areas of the markets. After nearly two years of low volatility, which is much easier to take, volatility has come back with a vengeance and doesn't seem to be slowing down much. Its been most obvious in the stock markets, but now the US dollar's volatility has spiked...Read More
LONDON (Reuters) - Oil prices slid lower on Thursday as swelling U.S. crude inventories and record weekly U.S. production offset concerns over OPEC supply cuts and the potential for new U.S. sanctions against Iran.Brent crude oil futures LCOc1 were at $72.74 per barrel at 1412 GMT, 62 cents below their last close.U.S. West Texas Intermediate (WTI) crude futures were 40 cents lower at $67.53 per ba...Read More
By Ira EpsteinGold bounce but is it a sell?http://iraepstein.com/ Read More
May 3, 2018 (Investorideas.com Newswire) Heiko Ihle, an analyst with H.C. Wainwright & Co., discussed this company's Q1/18 production overall and from two of its producing mines.An April 11 H.C. Wainwright & Co. research note indicated Great Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) is on track to meet 2018 production goals despite Q1/18 performance. "While consolidated production totals were...Read More
South African gold producers signed Thursday a class action settlement with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis while working for them.The 5 billion rand-settlement (about $400 million at today's exchange rate), reached following three years of negotiations, puts an end to the country's largest and most expensive class acti...Read More
Weekly calls are active in today's tradingThere's been an outrageous amount of call activity on Take-Two Interactive Software Inc (NASDAQ:TTWO) in recent weeks. According to data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the 10-day call/put volume ratio for TTWO has jumped to 12.31 -- in the 97th percentile of its annual ra...Read More
At least one phone call between a Cohen-linked phone line and the White House was listened to by law enforcement, a source said.Continue...Read More
By David Haggith We are now well into the year when I said stocks would plunge in January and would prove to be a gaping "crack" in the economy by summer, and look at how seriously the market has fallen apart since it started to drop in the last week of January:It was just three months ago that stock-market investors were being swept up by a euphoria pinned to the idea of economic expansion taki...Read More
Domestic prices for hot-dipped galvanized coil (HDG) in the EU were largely unchanged this week, with buyers slowly returning to the market after public holidays in the region, sources have told Metal Bulletin.Meanwhile, they said on Thursday May 3, the market trend in Europe will remain unclear until the European Commission (EC) comes to a decision in a safeguard case.The EC started a probe into...Read More
(Reuters) - A Chicago fund manager that suffered catastrophic losses in a market plunge this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed on Wednesday.The allegations were spelled out in response to a March lawsuit by Wells Fargo Securities against fund manager LJM Partners Ltd.The response to the Wells Fargo Securities lawsuit is LJM&r...Read More
May 3, 2018 (Investorideas.com Newswire) Haywood Securities analyst Kerry Smith provided a construction update on one of this firm's projects.In an April 25 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) is on track to begin ore mining in Q3/18 and to pour first gold at its Aurizona gold mine in Brazil by year-end.Full-scale construction at...Read More
SHANGHAI, May 4 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index traded rangebound around 92.4 overnight, buoyed by the upbeat economic data. The market was also looking more cues from US-China trade talks.Most LME metals fell, but copper rebounded and hit a weekly high as inventories declined. LME zinc tumbled 1.3% to...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Source: Michael J. Ballanger for Streetwise Reports 05/02/2018 Precious metals expert Michael Ballanger discusses recent moves in gold and silver. -->For me, the greatest asset my dog Fido, a German Rottweiler and French Poodle mix, is his uncanny ability to sense when the gold and silver markets are going to turn. Whenever gold runs into its generally accepted waves of interventionalist pr...Read More
By Nicholas LePan, GoldSeek.com On Monday, a newly listed junior miner started its first trading day on the Canadian Securities Exchange under the symbol (CSE: TGC), Taiga Gold. Taiga is a junior exploration company focused on the search for gold in Northern Saskatchewan. The company is a spin out of its parent company Eagle Plain Resources (TSX-V: EPL). Taiga is not so much a new company...Read More
May 3, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger discusses recent moves in gold and silver.For me, the greatest asset my dog Fido, a German Rottweiler and French Poodle mix, is his uncanny ability to sense when the gold and silver markets are going to turn. Whenever gold runs into its generally accepted waves of interventionalist price "management" (otherwise known...Read More
China's domestic hot-rolled coil prices ran largely flat on Thursday May 3 as weaker futures offset lower inventory data.DomesticEastern China (Shanghai): 4,180-4,200 yuan ($657-660) per tonne, narrowed up 20 yuan per tonneNorthern China (Tianjin): 4,080-4,100 yuan per tonne, unchanged Softer futures but lower inventories kept prices virtually unaltered from those on Wednesday, mark...Read More
(Kitco News)- Goldprices are holding on to modest gains Thursday even as U.S. initial jobless claimsremain near their lowest level in 49 years.Initialweekly U.S. jobless claims rose by only 2,000 to a seasonally adjusted 211,000in the week to Saturday, the Labor Department reported, Thursday.Consensusforecasts compiled by various news organizations had called for initial claimsto be around 225,000...Read More