Although gold prices continue to be range bound, gold is trading fractionally higher on the day. Gold futures basis the most active December Comex contract is trading up $4.80 and fixed at $1,193.40. Gold prices hit this year's lowest low on August 16 when trading to $1,167 per ounce. What followed was a measured rally which took gold prices back above $1,200 and trading as high as $1,220. From th...Read More
Although gold prices continue to be range bound, gold is trading fractionally higher on the day. Gold futures basis the most active December Comex contract is trading up $4.80 and fixed at $1,193.40. Gold prices hit this year's lowest low on August 16 when trading to $1,167 per ounce. What followed was a measured rally which took gold prices back above $1,200 and trading as high as $1,220. From th...Read More
"Goldplay Announces Positive Results from Sampling of Historical Core at San Marcial - Attractive Silver-Lead-Zinc Mineralization Supports Open Pit Potential @goldplay_gply https://t.co/hQ2LG3fh3l"Read full newsRead More
"With gold prices dipping and production slowing, rumors that the yellow metal has reached its maximum level of global extraction have begun to swirl. https://t.co/qQJnt6u1wi #Resource #Gold #Investing"Read full newsRead More
"While gold has had its share of ups and downs in 2018, some companies have achieved strong results despite the precious metal's fluctuating price point. https://t.co/QAXjO0ZOsf #Resource #Gold #Investing"Read full newsRead More
(Kitco News) - A mysterious gold hunt in the backwoods of Pennsylvania for lost Civil War bullion earlier in the year has taken a strange turn, with some treasure hunters accusing the Federal Bureau of Investigation of hiding what was believed to have been found.“After my years of experience here using equipment, there was something here, something here of value, some kind of precious metal....Read More
Company Website: http://www.coeur.comCHICAGO -- (Business Wire)Coeur Mining, Inc. (the "Company" or "Coeur") (NYSE: CDE) today announced third quarter 2018 production of 2.9 million ounces of silver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 million pounds of lead, or 8.5 million silver equivalent1 ounces (10.4 million ounces based on average spot prices during the third quarter)3....Read More
Company Website: http://www.coeur.comCHICAGO -- (Business Wire)Coeur Mining, Inc. (the "Company" or "Coeur") (NYSE: CDE) today announced third quarter 2018 production of 2.9 million ounces of silver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 million pounds of lead, or 8.5 million silver equivalent1 ounces (10.4 million ounces based on average spot prices during the third quarter)3....Read More
UN Ambassador Nikki Haley unexpectedly announced her year-end resignation this morningThe U.S. stock market struggled for direction in today's trading, with all three major indexes flipping between positive and negative territory. Worries over rising bond yields drove early losses, while investors also digested the unexpected news that U.S. Ambassador to the United Nations Nikki Haley will be leav...Read More
"Shell EVP Clare Harris: @Shell sells more cups of coffee than @Starbucks and has more retail outlets than @McDonalds - #OM2018"Read full newsRead More
The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022, according to a coal mining report published by Technavio.Technavio states the industry is largely driven by coal requirements and a rise in electricity generation, and has seen an overwhelming response due to an increase in mining techniques and developing coalmine sites.The global market is witnessing upward tr...Read More
NEW YORK (Reuters) - Super Micro Computer Inc shares fell 16 percent on Tuesday after Bloomberg News reported that a major U.S. telecommunications firm had uncovered a malicious implant on a Super Micro server.The report follows a Bloomberg Businessweek article last Thursday that Super Micro systems had been infiltrated by malicious computer chips inserted by Chinese intelligence agents, sending i...Read More
PARIS (Reuters) - French President Emmanuel Macron said on Tuesday he would campaign to toughen European antitrust rules in European parliament elections next year, amid fears in Europe of dominating U.S. and Chinese digital giants.“I need a stronger antitrust arsenal,” the French president told an audience of business founders in a large start-up incubator that has become a flagship f...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday announced plans to lift a ban on summer sales of higher-ethanol blend of gasoline, known as E15, Republican senators said.Senator Charles Grassley, a Republican from the farm state of Iowa who had pushed for the policy, shared the announcement standing alongside colleagues after a meeting at the White House.In announcing his plans, Trum...Read More
(Reuters) - U.S. stocks edged lower on Tuesday after the International Monetary Fund said the Sino-U.S. trade war would hurt global growth, and as a rebound in technology stocks lost steam.The IMF cut global economic growth forecasts for 2018 and 2019, and its 2019 estimates for U.S. and China, saying the two countries would feel the brunt of the impact of their trade war next year.President Donal...Read More
05 Oct '18 Johannesburg. 5 October 2018: Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') is pleased to announce that it has reached a mutually acceptable settlement with the Financial Sector Conduct Authority ('FSCA') of South Africa (The Directorate of Market Abuse substituted in terms of Section 300(3) of the Financial Sector Regulation Act...Read More
Macquarie is expecting a major TSLA rallyStocks are volatile again, as focus remains on rising interest rates. Looking at three stocks making big moves, chip concern Tower Semiconductor Ltd. (NASDAQ:TSEM) and electric automaker Tesla Inc (NASDAQ:TSLA) are both trading higher on bullish analyst attention, while drugmaker Affimed NV (NASDAQ:AFMD) sinks. We'll take a closer look at shares of TSEM, T...Read More
The market's "fear gauge" surged nearly 28% last Thursday and FridayThe U.S. stock market has struggled recently, with the major market indexes testing key support levels. As such, Wall Street's "fear index" -- the Cboe Volatility Index (VIX) -- jumped nearly 28% from last Wednesday's close at 11.61 to Friday's settlement at 14.82. This is the fifth time this year the VIX has surged more than 25%...Read More
NUSA DUA, Indonesia (Reuters) - The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.The new forecasts, released on the Indonesian resort island of Bali where the IMF and World Bank annual meetings are getting under...Read More
NUSA DUA, Indonesia (Reuters) - The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.The new forecasts, released on the Indonesian resort island of Bali where the IMF and World Bank annual meetings are getting under...Read More