Nov 12 (Reuters) - Canada's main stock index fell on Monday, weighed by losses in shares of precious metal miners as gold prices hit its lowest in a month.* Gold fell for a seventh straight session, as the dollar jumped to 16-month highs on the back of political uncertainty in Europe and the U.S. Federal Reserve's hawkish stance on interest rates.* The materials sector, which includes precious and...Read More

KHARTOUM (Reuters) - Many cash machines in the Sudanese capital have run out of banknotes as the government scrambles to prevent economic collapse with a sharp devaluation and emergency austerity measures.Rising demand for cash due to inflation, lack of trust in the banking system and the central bank’s policy of restricting the money supply to protect the Sudanese pound have all contributed...Read More

Standard Lithium Ltd said on Monday it had signed an agreement with Lanxess AG to build a pilot plant that will process lithium from Arkansas brine, part of an ongoing study on whether to develop a joint venture to produce the white metal.The pair aim to eventually produce lithium - a key component of electric car batteries - on a mass scale from brine that is a byproduct of existing bromine produ...Read More

The beauty stock gapped lower last week after earningsBeauty supply concern Coty Inc (NYSE:COTY) is up 1.8% at $8.65 in early trading, after the company announced the immediate resignation of CEO Camillo Pane, citing family reasons. A number of other corporate-level changes were also revealed, including a new chairman of the board, and the addition of two new and independent board members. Today'...Read More

(Kitco News) -Money managers trimmed theirbearish positioning in gold during the most recent reporting week for datacompiled by the Commodity Futures Trading Commission, although these accountshave likely reversed course since and are accumulating bearish positions again,analysts said.During the week-long period toNov. 6 covered by the report, Comex December gold gained $1 to $1,226.30 anounce, wh...Read More

(Kitco News) - Money managers trimmed their bearish positioning in gold during the most recent reporting week for data compiled by the Commodity Futures Trading Commission, although these accounts have likely reversed course since and are accumulating bearish positions again, analysts said.During the week-long period to Nov. 6 covered by the report, Comex December gold gained $1 to $1,226.30 an ou...Read More

AMRN boasts a more than 400% gain in 2018The shares of Amarin Corporation (NASDAQ:AMRN) are down 10.6% to trade at $18.82 this morning, after an update on the pharmaceutical name's heart disease drug Vascepa. Data from a clinical trial showed the drug was effective in reducing cardiovascular risks, but some investors have suggested the placebo used in the study may have exaggerated the positive...Read More

ArcelorMittal Temirtau, a Kazakh unit of the world's largest steelmaker, said on Monday it would take a month to restore output at its steel mill after an incident on Saturday prompted a partial suspension of operations.ArcelorMittal Temirtau, Kazakhstan's biggest steel mill, said at the weekend that several gas pipelines had been damaged after a fire broke out at the plant."I think that the recov...Read More

Russian gold and silver producer Polymetal has begun construction at its new Nezhda gold mine in eastern Siberia, which will contribute to its dividends in 2022, it said on Monday.The London-listed firm, part-owned by businessman Alexander Nesis, is starting this new project with pre-production capital expenditures estimated at $234 million a few months after it launched its Kyzyl mine in Kazakhst...Read More

Russian gold and silver producer Polymetal has begun construction at its new Nezhda gold mine in eastern Siberia, which will contribute to its dividends in 2022, it said on Monday.The London-listed firm, part-owned by businessman Alexander Nesis, is starting this new project with pre-production capital expenditures estimated at $234 million a few months after it launched its Kyzyl mine in Kazakhst...Read More

PARIS (Reuters) - Canadian intelligence officers have listened to Turkish recordings of what happened to Saudi journalist Jamal Khashoggi, Prime Minister Justin Trudeau said on Monday, adding that he was discussing with allies what next steps should be taken.Khashoggi, a critic of Saudi Crown Prince Mohammed bin Salman, was killed at the kingdom’s Istanbul consulate by a team sent from Riyad...Read More

(Reuters) - Equity traders on Wall Street are expected to take home the biggest bonuses this year as a surge in volatility boosted client activity, but 2019 may not be as rosy, compensation firm Johnson Associates Inc said on Monday.The firm listed a number of challenges, including geopolitical and business challenges, falling fees, and technology disruptions, that could have a major impact on com...Read More

Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More

The drug stock is heavily shortedThe shares of Pain Therapeutics, Inc. (NASDAQ:PTIE) are trading up 5.6% at $1.21, after the biopharm said it is appealing the Food and Drug Administration's (FDA) decision on its pain drug, Remoxy. Back in August, the regulatory agency failed to approve Remoxy, after an advisory panel voted overwhelmingly against the treatment, citing potential abuse risks. A meeti...Read More

LONDON (Reuters) - The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding asset against a backdrop of global growth worries and rising political risk in Italy and Britain.World stocks fell 0.3 percent for a third straight day in the red, receiving no respite from a rise in oil prices, while initial European equ...Read More

LONDON (Reuters) - Prime Minister Theresa May is trying to clinch a Brexit divorce deal with the European Union but the bigger challenge may be to get any agreement approved by the British parliament.With less than five months until the United Kingdom is due to leave the EU on March 29, how might the Brexit finale play out?Following are possible scenarios:1) DISORDERLY BREXIT- DEAL REJECTEDAny dea...Read More

LONDON (Reuters) - Britain’s big banks, long able to shrug off competition from start-ups, have been spooked by an account launched just six weeks ago by Goldman Sachs (GS.N) that pays savers more.One of the banks admitted privately that it has seen a spike in savers switching, while others have launched new accounts or raised rates to try to nip “Marcus” in the bud.British saver...Read More

Mr. Jean Martineau reportsQ3 2018: DYNACOR REPORTS SALES OF US $24.4 M AND NET INCOME OF US $0.7 M Dynacor Gold Mines Inc. has released its unaudited condensed consolidated financial statements and management's discussion and analysis for the three-month and nine-month periods ended Sept. 30, 2018.These documents have been filed electronically with SEDAR atwww.sedar.com and will be available on th...Read More

Mr. Jean Martineau reportsQ3 2018: DYNACOR REPORTS SALES OF US $24.4 M AND NET INCOME OF US $0.7 M Dynacor Gold Mines Inc. has released its unaudited condensed consolidated financial statements and management's discussion and analysis for the three-month and nine-month periods ended Sept. 30, 2018.These documents have been filed electronically with SEDAR atwww.sedar.com and will be available on th...Read More

Home Depot reports earnings tomorrow morningBrokerage firm RBC this morning cut its price target on Home Depot Inc (NYSE:HD) and Lowe's Companies, Inc. (NYSE:LOW) stocks to $208 and $110, respectively, saying there's concern a decline in home prices could weigh on shares of both companies -- though it admitted this threat has yet to materialize. An analyst at J.P. Morgan Securities followed suit b...Read More