- UK high street and wider consumer market feeling effects of financial crisis, Brexit and inflation- 350,000 retails jobs expected to disappear between 2016 and 2020- Centre for Retail Research predicts 9,500 shops to close this year and 10,200 in 2019- UK is 'worst performing' European market for new car registrations - Moody's- UK's growth outlook is the 'worst in the G20' - Institute of Fisc...Read More
Probe Metals (PRB.V) released an updated resource estimate on its Val D'Or East project in Qu?(C)bec. The updated resource now contains 536,000 ounces of gold at 2.16 g/t gold in the indicated category as well as almost 250,000 ounces at 1.46 g/t in the inferred resource category, whilst it also outlined approximately 620,000 ounces (1/4 indicated, 3/4 inferred) in an underground resource estim...Read More
Anna Irrera, Jemima KellyNEW YORK/LONDON (Reuters) - Trading firms are negotiating buying, selling and lending digital currencies like bitcoin and ether over Skype, catering to big investors looking to avoid rocking already volatile online exchanges.Some 20 traders as well as clients such as wealthy investors, bitcoin miners, payment processors and, increasingly, hedge funds, have in around five y...Read More
Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company’s cobalt warehouse in Rotterdam, The Netherlands. Photo courtesy Cobalt 27 Capital Corp.Anthony Milewski: At Cobalt 27 Capital, we base the valuation of our business in part on the benchmark prices for the metal produced by Metal Bulletin. Whether you're a shareholder in Cobalt 27, or someone who's just interested in thi...Read More
The Chinese silicon export market weakened further this past week, with exporters again lowering their quotations to attract business amid continued sluggish demand.The Chinese grade 553 silicon export price slipped to $1,940-1,980 per tonne on Friday March 30, from $1,960-2,000 per tonne a week earlier. The majority of quotations that buyers received from Chinese suppliers were around $1,950 per...Read More
Dollarama Inc.'s (TSX:DOL) fourth quarter and fiscal 2018 results beat consensus; company raises dividend and plans stock splitSmallCapPower | April 2, 2018: Dollarama Inc. (TSX:DOL) Thursday reported strong fourth quarter and full year fiscal 2018 results. Profit for the fourth quarter ended January 28, 2018, increased 11.5% to $162.8 million, or $1.45 per diluted share, above the consensus estim...Read More
(Kitco News)- Gold opened the new quarter on renewed buying interest. Gold heldour $1,322 level going into the long weekend and aggressive buying emerged atthe Asian open overnight. The Chinese have shot back and leveled tariffs on 128 U.S. products, which reignited the possibility of a trade war between theworld's two largest economies. The U.S. equity market continues to struggle andthe U.S...Read More
Amazon hammered by Trump tweets; Apple plans hit IntelS&P 500 closes below 200-day average for first time since 2016Sarah Ketterer, chief investment officer at Causeway Capital, discusses her thoughts on investing.The deepening rout in once high-flying technology shares sent U.S. stocks tumbling to start the second quarter, as fresh presidential criticism of Amazon.com and retaliatory tariffs from...Read More
Sibanye-Stillwater (SJ:SGL) and the University of Witwatersrand's Wits Mining Institute (WMI) have launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine) to assist in creating safer mining environments.Staff reporterThe DigiMine initiative at Wits University29 MARCH 201829/03/2018commentsshareWMI said the launch advanced the application of digital technologies in support of safer and...Read More
Nicola Mining's mill facility, located adjacent to the New Craigmont Project, custom mills ore for gold producers. Source: Nicola Mining Inc.Nicola Mining Inc. [NIM-TSXV] on Monday April 2 released a summary of results from winter drilling at its company's 100%-owned New Craigmont Project near Merritt in southern British Columbia's Thompson-Nicola Region. Highlights included Hole NC-2018-03, whi...Read More
Central banks were net buyers of gold in February and are likelyto remain so, says Standard Chartered. “Appetite to sell was limited,sensitivity to price volatility was muted, and purchases were dominated by asmall number of consistent buyers of size who view gold as a key asset,”Standard says. Russia added 22.8 tonnes of gold to its official reserves,following purchases of 18.9 tonnes...Read More
European antimony prices weakened further last week after material continued to flow into warehouses in Rotterdam while demand remained muted. The Chinese market followed suit with domestic prices there also coming under pressure from feeble demand.Metal Bulletin assessed the MMTA standard grade II antimony in-warehouse Rotterdam price at $8,500-8,660 per tonne on Wednesday March 28, down by 0.1%...Read More
NEW YORK (Reuters) - Amber Baldet, a blockchain program lead at JPMorgan Chase & Co (JPM.N), is leaving the bank to launch her own venture, JPMorgan said on Monday.Baldet, one of the best-known executives focused on blockchain at a major lender, led JPMorgan’s Blockchain Center of Excellence and helped the bank set its strategy for the nascent technology.Baldet will be replaced by Christ...Read More
HudBay's Constancia polymetallic mine 100 km south of Cusco, Peru. Source: HudBay Minerals Inc.HudBay Minerals Inc. [HBM-TSX, NYSE] on Monday April 2 filed an updated NI 43-101 technical report for its 100%-owned Constancia Mine in Peru. The 2018 technical report includes updates to the mineral reserves and resources and mine plan, including anticipated throughput recoveries and capital and oper...Read More
It's the greatest drug in the world.Nothing makes me feel as good as this stuff.And I pay top dollar to get my fix, too.I even go directly to the source - through a dealer, of course.And my dealer is connected all across the globe.He meets with producers in Colombia and Mexico.He helps small Ethiopian operations get off the ground, and does it in plain view of law enforcement.Hell, even the local...Read More
April 2 (Reuters) - Sales in March of U.S. Mint AmericanEagle gold fell to their lowest for the month, and silver coinsdropped to their lowest in 11 years, government data showed. Sales of U.S. Mint American Eagle gold coins fell to theirslowest March sales ever, according to records dating back to2007, while silver coin sales for March fell to their lowest in11 years, government data showed. Sa...Read More
War!What is it good for?Absolutely nothing!- Edwin StarrIn the summer of 1970, Gordy Records released Edwin Starr's version of the counterculture hit song "War." I'm sure you've heard the song a million times.Starr was a one-hit wonder. But the track was a powerful and dramatic tune that perfectly characterized the anger and disapproval felt by the anti-war movement toward America's involvement in...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. During last week's holiday-shortened trading which also ended a challenging month of March, the Index gained 0.47 points to close at 1251.10.Support is at 1226 and 1235-1238. Resistance is at 1267 and 1282.RSI rose 3.5 points or 9% to 42.5, while MACD fell another 3 points to -5.The INK C...Read More
Vancouver, British Columbia - April 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide the results of their latest drill hole, as well as a summary of results on its 2017-2018 Winter Drilling Program (the "Program"). The Program focused on extending and defining boundaries on the Craigmont West Zone, previously ref...Read More
WASHINGTON (Reuters) - The head of the U.S. Consumer Financial Protection Bureau asked Congress on Monday to trim the agency’s power to write rules and spend money.Mick Mulvaney, the head of the CFPB, said the agency has the kind of power that should only rest with Congress.“The Bureau is far too powerful, with precious little oversight of its activities,” Mulvaney told Congress...Read More