Recent News

Oil Sets New Record as Stocks Slip

November 16, 2018 / www.schaeffersresearch.com

Several Apple suppliers offered up weak forecastsIt was a dreary week on Wall Street, with Apple (AAPL) driving most of the price action early on. And while a positive earnings reaction for Cisco Systems (CSCO) and a Buffett-inspired surge for JPMorgan Chase (JPM) on Thursday helped the Dow snap its longest daily losing streak since August, sharp declines in the semiconductor space today have the...Read More

RT @alex_hamer: Ecuadorians are protesting mining development as more and more exploration cash is going there:

November 16, 2018 / www.mining-journal.com

Protests shows tensions in Ecuador over mining as sector growsRead full newsRead More

ATW Tech Provides Additional Information Regarding Signature of a Letter of Intent for Major Acquisition of Greywol...

November 16, 2018 / twitter.com

"ATW Tech Provides Additional Information Regarding Signature of a Letter of Intent for Major Acquisition of Greywolf Entertainment Group -- #ATWTech $ATW $ATW.CA $ATW.V @ATWco #Einsteinium #CryptoCurrency #Voxtel #Vudu --Read the News Release here: https://t.co/is4vtDAxiw"Read full newsRead More

Merkel tells people of Chemnitz: Don't let haters set the agenda

November 16, 2018 / www.kitco.com

CHEMNITZ, Germany (Reuters) - Chancellor Angela Merkel on Friday urged people to stand up against hatred and reject “lies” about a U.N. migration accord during her first visit to the city of Chemnitz since a spate of far-right violence that tarnished Germany’s image abroad.Germans were shocked by images of skinheads chasing migrants in the eastern city after the fatal stabbing of...Read More

Gold ends higher for a third session and books a more than 1% weekly advance

November 16, 2018 / www.marketwatch.com

Gold futures ended higher Friday for a third consecutive session to book a weekly advance of more than 1%, with geopolitical turmoil and broader equity market weakness helping to underpin gains. The yellow metal found a haven-related lift from geopolitical worries surrounding Britain's planned exit from the European Union. Read: Here's how Brexit turmoil could become a problems for U.S. and globa...Read More

Gold surges through $1220 level, fresh weekly tops

November 16, 2018 / www.fxstreet.com

   •  A fresh wave of global risk-aversion trade benefits traditional safe-haven assets.   •  Fresh USD selling pressure provided an additional boost and remains supportive.   •  Technical buying above $1217 hurdle further accelerates the positive momentum. Gold finally broke out of its European session consolidation phase and surged to f...Read More

Congo lifts export ban on Glencore's copper and cobalt unit

November 16, 2018 / www.mining.com

A Glencore Plc unit in the Democratic Republic of Congo had a ban on imports and exports from its giant copper and cobalt mine lifted by authorities in the country."They submitted a request," Jean Baptiste Nkongolo Kabila, director general of Congo's custom's agency, said Thursday by phone. "I have taken the decision to temporarily lift the suspension measures." Glencore said in a statement it had...Read More

Congo lifts export ban on Glencore's copper and cobalt unit

November 16, 2018 / www.mining.com

A Glencore Plc unit in the Democratic Republic of Congo had a ban on imports and exports from its giant copper and cobalt mine lifted by authorities in the country."They submitted a request," Jean Baptiste Nkongolo Kabila, director general of Congo's custom's agency, said Thursday by phone. "I have taken the decision to temporarily lift the suspension measures." Glencore said in a statement it had...Read More

Congo lifts export ban on Glencore's copper and cobalt unit

November 16, 2018 / www.mining.com

A Glencore Plc unit in the Democratic Republic of Congo had a ban on imports and exports from its giant copper and cobalt mine lifted by authorities in the country."They submitted a request," Jean Baptiste Nkongolo Kabila, director general of Congo's custom's agency, said Thursday by phone. "I have taken the decision to temporarily lift the suspension measures." Glencore said in a statement it had...Read More

Student delinquencies up as U.S. household debt hits another record

November 16, 2018 / www.kitco.com

NEW YORK (Reuters) - The total debt shouldered by Americans has hit another record high, rising to $13.5 trillion in the last quarter, while an unusual jump in student-loan delinquencies could provide another signal that the U.S. economic expansion is growing old.Flows of student debt into serious delinquency - of 90 or more days - rose to 9.1 percent in the third quarter from 8.6 percent in the p...Read More

Trump says China wants to make trade deal, U.S. may not impose more tariffs

November 16, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that China wants to make a deal on trade and the United States may not need to impose further tariffs, as the world's two largest economies continue to work on an agreement to eliminate trade tensions.Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama Disclaimer: The views expressed in this article are thos...Read More

"It's Not Enough": US Senate Proposes New Bill To Ban Arms Sales To #SaudiArabia | Zero Hedge

November 16, 2018 / www.zerohedge.com

White House sanctions on Saudi individuals "not enough" in response to Khashoggi's death, say Senators.Read full newsRead More

Private equity-firm resumes drilling at high-grade Nevada Gold project

November 16, 2018 / www.mining.com

Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), a gold royalty company with a portfolio centered on the Spring Valley Gold Project in Nevada, has reported that Waterton Global Resource Management, the project's owner/operator, is drilling on the property. The company first reported the drilling on October 31, and followed up on November 13 with more details.The royalty company noted that Waterton is...Read More

Private equity-firm resumes drilling at high-grade Nevada Gold project

November 16, 2018 / www.mining.com

Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), a gold royalty company with a portfolio centered on the Spring Valley Gold Project in Nevada, has reported that Waterton Global Resource Management, the project's owner/operator, is drilling on the property. The company first reported the drilling on October 31, and followed up on November 13 with more details.The royalty company noted that Waterton is...Read More

Global Growth Concerns To Drive Gold Prices Near-Term - Analysts

November 16, 2018 / www.kitco.com

(Kitco News)- Optimism in the gold market ispicking up as prices bounced off critical support to end the week in positiveterritory.However, someanalysts are warning investors to not expect too much excitement in thenear-term as markets will see a shortened trading week as American investorscelebrate Thanksgiving. December gold futures lasttraded at $1,223.10 an ounce, up 1% from the previous week....Read More

Global Growth Concerns To Drive Gold Prices Near-Term - Analysts

November 16, 2018 / www.kitco.com

(Kitco News) - Optimism in the gold market is picking up as prices bounced off critical support to end the week in positive territory.However, some analysts are warning investors to not expect too much excitement in the near-term as markets will see a shortened trading week as American investors celebrate Thanksgiving. December gold futures last traded at $1,223.10 an ounce, up 1% from the previou...Read More

Blain: "GE's Credit Meltdown Is Coming At Just The Right Time To Ruin Everyone's Day" | Zero Hedge #ge

November 16, 2018 / www.zerohedge.com

GE is a company facing a classic liquidity squeeze. What is Plan B if asset sails don't work fast enough?Read full newsRead More

Macarthur Minerals Closes Oversubscribed Private Placement @macminltd

November 16, 2018 / bit.ly

Macarthur Minerals Ltd (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce it has closed the second and final tranche of the non-brokered private placement (the "Offering") as originally announced on August 16, 2018.Read full newsRead More

Barrick Gold eyes more copper assets in Congo - executive

November 16, 2018 / www.kitco.com

TORONTO/LONDON (Reuters) - Barrick Gold (ABX.TO) is interested in buying more copper mines in the Democratic Republic of Congo (DRC), the incoming COO of Africa and the Middle East region said in an investor presentation in London Friday.“Barrick has one of the best competitive advantages in the DRC, should a world class opportunity present itself in the region,” Willem Jacobs said via...Read More

European shares wobble as Brexit angst lingers

November 16, 2018 / www.kitco.com

LONDON (Reuters) - European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain’s Prime Minister Theresa May would face a no-confidence vote over her draft European Union divorce deal.The pan-European stocks index started morning trading on a gentle rebound from losses on Thursday. But it gradually lost steam as speculation mounted a...Read More

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