Recent News

Gold, silver extend recovery on dollar weakness

October 16, 2018 / www.fxstreet.com

Both precious metals have extended their recent gains with gold trading at $1230 and silver at $14.75 at the time of writing. Silver in particular is looking quite interesting from a bullish point of view. Although it has lagged behind gold, the grey metal could be about to outperform the yellow. Silver was grinding higher for the fourth consecutive session on Tuesday while gold was up for the sec...Read More

Gold Resource Corporation Reports Preliminary Third Quarter Production of 6,411 Gold Ounces and 321,590 Silver Ounc...

October 16, 2018 / twitter.com

"Gold Resource Corporation Reports Preliminary Third Quarter Production of 6,411 Gold Ounces and 321,590 Silver Ounces Maintaining 2018 Annual Outlook @resource_gold https://t.co/OOSO5shY62"Read full newsRead More

Canuc Receives Conditional Approval for Acquisition of Full Circle Energy Ltd.

October 16, 2018 / bit.ly

Canuc Resources Corporation (TSXV:CDA) (Read full newsRead More

Stand together, Britain's May calls for unity on Brexit

October 16, 2018 / www.kitco.com

LONDON/LUXEMBOURG (Reuters) - British Prime Minister Theresa May told her ministers on Tuesday they would secure a Brexit deal if they stood together, calling for a show of unity to silence those pressing her to rethink her strategy for leaving the European Union.A day before heading to Brussels for a summit, May is keen to show she has her cabinet’s support after facing pressure from some m...Read More

Move Aside Lithium - This is the New Super-Metal

October 16, 2018 / www.schaeffersresearch.com

This could soon be the backbone of America's electrical grid.What would the perfect mining stock for this market look like?First, it would be an incredibly rare element... one with limited supply.Second, it would be an element now under the radar... but about to break out with predictable demand.Third, there should be a company working toward a virtual monopoly on this element...And these three th...Read More

Next Green Wave Holdings Inc. announces proposed acquisition of Loud Seeds -- a High Times Hall of Fame inductee --...

October 16, 2018 / twitter.com

"Next Green Wave Holdings Inc. announces proposed acquisition of Loud Seeds -- a High Times Hall of Fame inductee -- @NextGreenWave #MedicalMarijuana #Cannabinoid #NextGreenWave #Cannabis #California #MedicinalMarijuana -- Read the News Release here: https://t.co/hlRpVDaPgj"Read full newsRead More

Big U.S. banks end third quarter on high note

October 16, 2018 / www.kitco.com

(Reuters) - Wall Street’s top investment banks enjoyed a strong third quarter as strength in stock trading and equity underwriting added to the benefits from a strong U.S. economy and tax reforms.On Tuesday, Morgan Stanley (MS.N) showed gains from investment banking and trading businesses that outstripped those of traditional rival Goldman Sachs Group Inc (GS.N).However, Goldman’s equi...Read More

IDM Mining Commences Underground Drilling at the Red Mountain Gold Project

October 16, 2018 / dlvr.it

VANCOUVER, Oct. 16, 2018 /PRNewswire/ - IDM Mining Ltd. (TSX.V:IDM) (OTCQB:IDMMF) (Read full newsRead More

DRA sets gold standard on Elikhulu

October 16, 2018 / dlvr.it

Diversified global engineering, project delivery and operations management group, DRA Global ("DRA"), partnered JSE Listed Pan African Resources in completing its R1.74 billion Elikhulu tailings retreatment project in Evander, Mpumalanga, within budget and ahead of schedule.Read full newsRead More

Coeur to Acquire Projects Adjacent to its Rochester Operation From Alio Gold for $19 Million

October 16, 2018 / dlvr.it

CHICAGO--(BUSINESS WIRE)--Oct 16, 2018--Coeur Mining, Inc. (" Coeur " or the " Company ") (NYSE: CDE) is pleased to announce that it has entered into a definitive agreement (the "Read full newsRead More

Anglo Asian's Azerbaijan gold output rises 47 pct in Q3

October 16, 2018 / dlvr.it

Anglo Asian Mining's gold output rose 47 percent in the third quarter, the ...Read full newsRead More

3 Top Gold Stocks to Watch in October

October 16, 2018 / dlvr.it

Gold usually loses to stocks, and gold mining stocks can often be even worse. But gold stocks can still serve a place in your portfolio if you buy the right ones.Read full newsRead More

Bet On Lowe's Stock To Go Higher Soon

October 16, 2018 / www.schaeffersresearch.com

Lowe's pullback last week could have bullish implicationsLast week, Lowe's Companies, Inc. (NYSE:LOW) moved 3.9% lower with the broad market sell-off, extending its weekly losing streak to three. In the aftermath of Hurricane Michael, though, home repair supplies could be in high demand, which would drive the stock higher. As such, the recent pullback puts LOW in territory of a trendline with h...Read More

IDM Mining Commences Underground Drilling at the Red Mountain Gold Project @IDMMining

October 16, 2018 / bit.ly

IDM Mining (TSXV:IDM, OTCQB:IDMMF) (OTCQB:IDMMF) (Read full newsRead More

Steel Stock Falls Below Key Level Before Earnings

October 16, 2018 / www.schaeffersresearch.com

STLD will report earnings after tomorrow's closeShares of Steel Dynamics, Inc. (NASDAQ:STLD) are down 1.6% at $40.02 in afternoon trading, extending yesterday's analyst-induced sell-off. Credit Suisse slammed a number of steel stocks on Monday, and downgraded STLD to "neutral" from "outperform." The brokerage firm also slashed its price target to $51 from $55, saying rising interest rates could...Read More

#EV boom is accelerating, China leads the way. RT @colinmckerrache

October 16, 2018 / twitter.com

"Electric vehicles were 5.1% of sales in China in September. ICE sales in the world's largest auto market were down 15%. Western automakers misjudged the speed and force of China's EV push."Read full newsRead More

World stocks rebound with earnings in focus; oil slips

October 16, 2018 / www.kitco.com

NEW YORK (Reuters) - Stocks bounced back on Tuesday across the world, supported by earnings expectations, while oil prices fell on evidence of higher U.S. oil production and increasing U.S. crude inventories.European shares rallied, pulling up from Monday’s 22-month lows, partly on expectations that the reporting season will deliver double-digit earnings growth. A rebound in Italian assets h...Read More

U.N. rights chief urges waiving of immunity in Khashoggi case

October 16, 2018 / www.kitco.com

GENEVA (Reuters) - U.N. human rights chief Michelle Bachelet called on Saudi Arabia and Turkey on Tuesday to reveal everything they know about the disappearance and possible murder of missing journalist Jamal Khashoggi and said Riyadh should waive immunity on its diplomatic premises and officials.Overnight, Turkish crime scene investigators entered the Saudi consulate in Istanbul, the last place K...Read More

Analysts Hype Up PayPal; Semiconductor Stock Pops on Buyback Buzz

October 16, 2018 / www.schaeffersresearch.com

PYPL shares are getting a boost todayU.S. stocks are soaring today thanks to strong quarterly earnings results. Three names that are joining in on the rally and trading higher following bullish analyst attention are digital payments specialist PayPal Holdings, Inc. (NASDAQ:PYPL), semiconductor concern Marvell Technology Group Ltd. (NASDAQ:MRVL), and blue chip The Coca-Cola Co (NYSE:KO). Below is a...Read More

Gold ends at another multimonth high, but U.S. stock market rally limits the metal's rise

October 16, 2018 / www.marketwatch.com

Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the precious metal. Against a backdrop of relatively stable trading for a leading dollar index, December gold GCZ8, -0.30% rose 70 cents, or less than 0.1%, to settle at $1,231 an ounce. Prices had pulled back from a high of $1,235.90, but the settlement was...Read More

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