Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More

Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More

Deer Horn Capital (CSE:DHC) (the "Company" or "Deer Horn") announces that it has now completed a 1st tranche closing of its previously announced private placement and has issued a total of 400,000 units for aggregate gross proceeds of $80,000.Read full newsRead More

As you read this, the calendar is halfway into November. For some folks, this means heading south to a warm place like Florida. For some, it means breaking out the winter coats and hats. For top resource investors, it means tax loss selling bargain season. It means Christmas comes early...and the presents can lead to hundreds of thousands - even millions - of dollars in extra profit. At the end...Read More

As you read this, the calendar is halfway into November.For some folks, this means heading south to a warm place like Florida. For some, it means breaking out the winter coats and hats.For top resource investors, it means tax loss selling bargain season.It means Christmas comes early...and the presents can lead to hundreds of thousands - even millions - of dollars in extra profit.At the end of th...Read More

OTTAWA (Reuters) - Donald Trump is so unpopular in Canada that Prime Minister Justin Trudeau is using the specter of the U.S. president to attack his conservative rival ahead of a national election set for next year.Trudeau, whose ruling Liberals have a 12-seat majority in the 338-seat parliament, calls Conservative Party leader Andrew Scheer a climate change “ideologue” who stokes &ld...Read More

TORONTO/LONDON- Barrick Gold Corp , soon to become the world's largest gold miner, is interested in adding more copper assets as long as the red metal is accompanied by bullion, executives said on Friday.Barrick, which expects to complete its $6.1 billion takeover of Randgold Resources on Jan. 1, outlined broad plans for exploration, expansion, streamlining and asset sales at an investor presentat...Read More

(Reuters) - Chicago Federal Reserve Bank President Charles Evans on Friday said the U.S. central bank is “in a good place” to continue making adjustments to bring short-term interest rates back up to a neutral setting.With unemployment at 3.7 percent, the U.S. economy projected to grow 3.5 percent this year and a still above-trend 2.5 percent next year, and downside risks to inflation...Read More

BELFAST (Reuters) - At Sandy Row Band Supplies in the heart of Belfast’s pro-British unionist community, it is easy to understand the uncompromising resistance of Prime Minister Theresa May’s Northern Irish allies to her Brexit deal.Here locals who express loyalty to London by lining streets with Britain’s Union Jack flags and painting kerbstones red, white and blue can buy the f...Read More

Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed's unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low fo...Read More

SQ has still more than doubled in 2018 despite recent strugglesShares of Square Inc (NYSE:SQ) are 2% lower at $72.09 at last check, under pressure after the company's Chief Financial Officer (CFO) Sarah Friar announced she will be leaving today, a few weeks earlier than the expected. Square stock is now down more than 29% from its Oct. 1 record high of $101.14. But if history is any indicator, no...Read More

"Our 2018 World Risk Report gives investors a clear insight into the risks facing miners in different jurisdictions. Learn more about it and see what has changed since 2017 here: https://t.co/nnscYZYjIT"Read full newsRead More

(Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/A (BREXIT) RECKONINGPrime Minister Theresa May’s long-awaited Brexit deal triggered a wave of ministerial resignations that has rocked her government and financial markets and raised chances of a snap election.The pound took the hardest b...Read More

The major gold miners' stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their absurdly-che...Read More

CVX is one of the best Dow stocks today as oil prices stabilizeThe Dow Jones Industrial Average (DJI) was down triple digits earlier, but has since swung into positive territory as surging oil prices boost blue-chip energy stock Chevron (CVX). At last check, December-dated crude futures were up 1.5% at $57.31 per barrel ahead of this afternoon's rig count -- though they're still on track for a six...Read More

NEW YORK (Reuters) - The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates are near a neutral rate, while continued uncertainty over Brexit clouded currency and other markets.Oil climbed for a third session as it clawed back from steep recent losses.Wall Street’s main indexes were little changed in initial trading. Di...Read More

PARIS/CHICAGO (Reuters) - U.S. carrier Delta Air Lines (DAL.N) said on Friday it deferred delivery of 10 Airbus (AIR.PA) A350 jets and ordered 10 of the cheaper A330neo long-haul models to become the first U.S. airline to operate the next-generation of Airbus aircraft.The A330neo purchase, first reported by Reuters, is a further endorsement for the slow-selling model worth $3 billion at list price...Read More

PG&E stock is on the rebound after CPUC commentsPG&E Corporation (NYSE:PCG) stock is on pace to snapa six-day slide to 15-year lows, that as of last night's close, had the equity down 64% from its Nov. 7 close. At last check, PCG was up 40.6% to trade at $25.02, after a California Public Utilities Commission (CPUC) official eased concerns about a PG&E bankruptcy stemming from its role in the deadl...Read More

(Kitco News)- Fifteen market professionalstook part in the Wall Street survey. Nine respondents, or 60%, predicted higherprices by next Friday. There were three votes, or 20%, for both lower andsideways prices.Meanwhile, 502 peopleresponded to an online Main Street poll. A total of 311 respondents, or 60%,called for gold to rise. Another 123, or 26%, predicted gold would fall. Theremaining 68 vote...Read More

(Kitco News) - Fifteen market professionals took part in the Wall Street survey. Nine respondents, or 60%, predicted higher prices by next Friday. There were three votes, or 20%, for both lower and sideways prices.Meanwhile, 502 people responded to an online Main Street poll. A total of 311 respondents, or 60%, called for gold to rise. Another 123, or 26%, predicted gold would fall. The remaining...Read More