Recent News

Daimler starts building electric car batteries in Tuscaloosa

October 05, 2018 / www.mining.com

FRANKFURT, Oct 5 (Reuters) - Daimler on Friday said it will start building a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama, which has also started to produce a new sports utility vehicle, the GLE.The investment comes as the parent of Mercedes-Benz prepares to launch an electric sports utility vehicle, the EQ, as part of a broader assault o...Read More

Retail Stock Signals a Rebound

October 05, 2018 / www.schaeffersresearch.com

The equity could flirt with new highs again soon, if history repeatsShares of department store giant Macy's Inc (NYSE:M) are modestly higher this afternoon, last seen at $32.92. The stock has been falling on the charts of late, but just this week has come within a chip-shot of a historically bullish trendline. Below, we will see how M stock has been faring, and learn why now may be the perfect tim...Read More

Harte Gold Announces Successful Sugar Zone Mine Plant Commissioning And Start Up

October 05, 2018 / dlvr.it

TORONTO, Oct.03, 2018(GLOBE NEWSWIRE) -- HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announc...Read full newsRead More

Gran Colombia Gold Identifies a New Structure at Its Sandra K Mine; Announces Additional High-Grade Drill Results ....

October 05, 2018 / twitter.com

"Gran Colombia Gold Identifies a New Structure at Its Sandra K Mine; Announces Additional High-Grade Drill Results ... - Markets Insider https://t.co/ksgghPKpS6"Read full newsRead More

Declan Donnelly backs protest over NI gold mine

October 05, 2018 / dlvr.it

The TV star says the mine would be aRead full newsRead More

Today's Research Reports on Imperial Mining Group, Kirkland Lake Gold, Erdene Resource Development and Agnico Eagle...

October 05, 2018 / twitter.com

"Today's Research Reports on Imperial Mining Group, Kirkland Lake Gold, Erdene Resource Development and Agnico Eagle Mines https://t.co/fcfR5rPbj4"Read full newsRead More

Once-bitten investors stay wary as gold-mining stocks get cheap

October 05, 2018 / dlvr.it

Investors stung by the sell-off in gold are going to need more than cheap equities and stabilizing bullion prices to wade back into mining-company stocks.Read full newsRead More

US trade deficit widens to $53 billion as soybean exports plummet amid China trade battle

October 05, 2018 / www.cnbc.com

Amid an ongoing tariff battle with its global partners, the U.S. saw its trade deficit continue to widen.The imbalance increased $3.2 billion in August to $53.2 billion, a 6.4 percent increase and part of an ongoing trend in 2018, according to the Bureau of Labor Statistics and the U.S. Census.One particular contributor to the August imbalance was soybeans, a hotly contested point of the trade war...Read More

RT @benchmarkmin: California's great electric vehicle charging build-out

October 05, 2018 / grn.bz

Electrify America's new $200 million in funding will include charging for bus depots, ride-hailing services and disadvantaged communities.Read full newsRead More

J.P. Morgan to settle allegations of violating sanctions: U.S. Treasury

October 05, 2018 / www.kitco.com

WASHINGTON (Reuters) - J.P. Morgan Chase Bank (JPM.N) has agreed to pay $5.3 million to settle allegations it violated Cuban Assets Control Regulations, Iranian sanctions and Weapons of Mass Destruction sanctions 87 times, the U.S. Treasury said on Friday.Treasury also said it had found the bank violated sanctions on narcotics and Syria, when it processed 85 transactions, totaling $46,127, and mai...Read More

Gold stocks recovering 2

October 05, 2018 / www.mining.com

October 5, 2018 - The battered gold miners' stocks are finally starting to recover after a rough few months. Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September. That left them at fundamentally-absurd price levels wildly disconnected from their actual profitability, leaving this sector with...Read More

Dow Erases Weekly Gain as Bond Yields Continue to Climb

October 05, 2018 / www.schaeffersresearch.com

The Nasdaq is headed toward its worst week since MarchU.S. stocks are suffering notable losses at midday, as bond yields continue to rise on the back of this morning's jobs data. The S&P 500 Index (SPX) is heading toward its first close below 2,900 since Sept. 17, while the Dow Jones Industrial Average (DJI) has erased its weekly gain. The Nasdaq Composite (IXIC) is down, as well, on track for i...Read More

N.Y. Fed lowers U.S. Q3, Q4 GDP growth view

October 05, 2018 / www.kitco.com

NEW YORK (Reuters) - U.S. gross domestic product is expanding at a 2.27 percent clip in the third quarter, slower than the 2.47 percent pace calculated a week ago, the New York Federal Reserve's Nowcast model showed on Friday.It projected GDP in the fourth quarter is growing at a 2.80 percent rate, weaker than the 2.92 percent pace estimated the week before.A widening of the U.S. trade deficit in...Read More

Kavanaugh's Supreme Court nomination heads for final Senate vote

October 05, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump’s nominee Brett Kavanaugh took a step on Friday toward joining the Supreme Court when the U.S. Senate approved him in a preliminary vote, despite accusations of sexual misconduct against the judge.After a bitter partisan fight that gripped the country, lawmakers backed Kavanaugh by 51 to 49 in a procedural vote that moved the Republican-controlle...Read More

The extractive industries are prisoners of politics

October 05, 2018 / www.mining.com

October 2018 - In an exclusive Critical Resource Q&A, leading resource financier Rick Rule discusses investment opportunities, downplays current levels of geopolitical risk and urges the industry to harness the benefits of a more diverse workforce.Rick Rule is President and CEO of Sprott US Holdings, where he leads a team of earth science and finance professionals. A frequent speaker at industry...Read More

America First is hurting China's business

October 05, 2018 / www.kitco.com

LONDON (Reuters) - The U.S. economy has pulled ahead this year, extending a lengthy expansion with help from President Donald Trump’s “America First” agenda and massive tax cuts, but upcoming data could illuminate the impact of his policies on global peers.Trump is determined to rewrite global trade deals, particularly with China, the world’s second-biggest economy behind t...Read More

#DisruptMining 2019: Innovation Will Bring Investors Back To Mining

October 05, 2018 / www.kitco.com

(Kitco News)- Focus is back on innovationwithin the mining sector as Goldcorp launches its third annual #DisruptMiningchallenge.One Goldcorp executive said thatnew technology could help bring investors back to the mining space.Last month, the mininggiant opened up its submission window to potential visionaries who think theyhave an idea or concept that will transform the industry, which continue t...Read More

EU negotiators say Brexit deal 'very close' but details missing

October 05, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Union’s Brexit negotiators believe a divorce deal with Britain is “very close”, diplomatic sources said, in a sign a compromise on the most contentious issue of the future Irish border might be in the making, though details were scarce.The EU signalled on Thursday it was engaging with new proposals emerging in Britain on how to avoid extensive Ir...Read More

Danske shares slide as U.S. criminal inquiry spooks investors

October 05, 2018 / www.kitco.com

COPENHAGEN (Reuters) - Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark’s biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branch.Morten Mosegaard, the bank’s interim chief financial officer, said the involvement of the U.S. Department of Justice (DOJ) in...Read More

EU's biggest coal-mining nation plans output hike to cut imports

October 05, 2018 / www.mining.com

(Bloomberg) - The biggest coal producer in the European Union plans to boost output of the dirty fuel by about 10 percent in the next several years to cut down on imports, which are set to jump to a record this year, according to the Polish government.The country, which saw its thermal coal output slumping 7 percent to 53 million tons last year and pledged to fight smog, should raise output by 5...Read More

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