Metallis Resources Inc (TSXV:MTS) (theRead full newsRead More
Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit ma...Read More
The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More
LONDON (Reuters) - Britain will scale back and then end in 2023 a flagship “Help to Buy” equity loan scheme, an initiative which has helped first-time buyers get onto the property ladder by allowing them to purchase a new home with as little as a 5 percent deposit.At the moment those taking advantage of the program, which is due to end in March 2021, can buy a property worth up to 600,...Read More
LONDON (Reuters) - British public debt looks set to remain high for a long time and finance minister Philip Hammond’s budget on Monday does not change that view, ratings agency Moody’s said.“Today’s budget confirms our expectation that we won’t see a material reversal in the UK’s high public debt levels for some time and that elevated debt levels will continue t...Read More
The car stock is fresh off its best week in seven monthsAuto giant Ford Motor Company (NYSE:F) has seenheavy options trading in recent weeks, landing on Schaeffer's Senior Quantitative Analyst Rocky White's list of 20 S&P 500 Index (SPX) stocks that saw the most options activity in the past 10 days. Names highlighted yellow are new to the list. Today, Ford stock is up 4% to trade at $9.35, thank...Read More
WASHINGTON (Reuters) - The U.S. Commerce Department on Monday said it has restricted U.S. exports to Chinese semiconductor maker Fujian Jinhua Integrated Circuit Co Ltd, citing a “significant risk” that its new memory chip capacity will threaten the viability of American suppliers of chips for military systems.In a press release, the Commerce Department said it has placed Fujian Jinhua...Read More
As a general rule, the most successful man in life is the man who has the best informationA decision by the Chinese government to slash production of rare earth elements (REEs) has spooked customers of the materials used in everything from cell phones to electric vehicles to smart bombs. And for those who follow the rare earths market, it's like deja vu back to 2009, when China suddenly reduced it...Read More
(Kitco News) - Gold prices aremoderately lower in early-afternoon U.S. trading Monday. Some profit takingfrom the shorter-term futures traders is featured. The stronger U.S. dollar index today that is hovering near last week’s nine-week high also workedagainst the precious metals market bulls today. There is also less riskaversion in the marketplace early this week as world stock markets hav...Read More
(Kitco News) - Gold prices are moderately lower in early-afternoon U.S. trading Monday. Some profit taking from the shorter-term futures traders is featured. The stronger U.S. dollar index today that is hovering near last week’s nine-week high also worked against the precious metals market bulls today. There is also less risk aversion in the marketplace early this week as world stock markets...Read More
(Adds graphic, no change to text)By Richard LeongNEW YORK, Oct 29 (Reuters) - The increase in a key gauge of interbank borrowing costs for dollars slowed on Monday, while another measure of what banks borrow from each other remained elevated, raising speculation on what steps the Federal Reserve would take.The London interbank offered rate for banks to borrow three-month dollars from each other ro...Read More
NEW YORK (Reuters) - Former U.S. President Jimmy Carter waded into the heated governor’s race in his home state of Georgia on Monday, asking the Republican candidate to step down from his role as the state’s top elections official.Carter said he was concerned that popular confidence in Georgia’s gubernatorial election would be threatened if the candidate, Brian Kemp, were to rema...Read More
Shares in Horizonte Minerals saw their biggest one-day drop in over two years on Monday after the company said the nickel mine it plans to build will be less profitable than previous estimated.London-listed shares in the nickel development company closed 9.7 percent at 3.3 pence, its biggest one-day fall since June 2016. The stock is also listed in Toronto.The feasibility study on Monday showed th...Read More
U.S. cannabis producer Curaleaf Holdings Inc. started trading on the Canadian Securities Exchange Monday with a nearly $6-billion valuation, after completing a reverse takeover of Canada's Lead Ventures Inc. last week.Read full newsRead More
"The world's biggest emerald miner has found a gem that weighs more than 1.1 kilograms at its mine in #Zambia https://t.co/APBceSPNKD via @markets"Read full newsRead More
(Reuters) - U.S. stocks gained on Monday, helped by relief over Italy maintaining its debt rating, as equities clawed back from a sharp sell off last week.Financials .SPNY led broad gains among sectors as the benchmark S&P 500 rose more than 1 percent.Shares of software maker Red Hat Inc (RHT.N) gave among the biggest boosts to the S&P 500, surging 45.3 percent after the company agreed to...Read More
Merkel, 64, has been chairwoman of her conservative Christian Democrats (CDU) since 2000 and chancellor since 2005. Her decision to step down as chairwoman comes after her party suffered its second regional election setback in as many weeks.Merkel made the announcement a day after Sunday’s vote in the state of Hesse, at which the CDU came first but suffered a slump in support from the last e...Read More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (Read full newsRead More
"On this day in 2010: Tesla opens first factory (a former GM-Toyota factory)Valuation (Oct 2010):GM: $46 billion Tesla: $1 billion Valuation (Oct 2018):Tesla: $56 billionGM:$46 billion"Read full newsRead More
"Enforcer Gold Announces Red Lake Property Acquisition, $1.5 Million Private Placement Financing and Concurrent 3:1 Share Consolidation @EnforcerGold https://t.co/l4YH5aWmdd"Read full newsRead More