Avino has been hit by a triple whammy of factors, none of which impact operations which are going very well.These include a mad rush in Canada into marijuana from gold, recent dilution, and lower silver and gold prices.Yet, Avino is solidly profitable, diversified between copper, silver and gold, is growing rapidly and has a strong balance sheet.It's always a sign a bull market is nearing an end w...Read More

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages edged down as longer-dated bond yields had retreated on curve-flattening trades following the Federal Reserve's widely expected rate increase last week, Freddie Mac said on Thursday.Borrowing costs on 30-year mortgages, the most widely held home loan type in the United States, averaged 4.71 percent in the week ended Oct. 4, w...Read More

COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO) faces a U.S. criminal investigation into a 200 billion euro ($230 billion) money laundering scandal at its Estonian branch which has rocked investor faith in Denmark’s biggest lender and forced its chief executive to quit.Shares in Danske Bank have lost a third of their value this year on fears of a U.S. inquiry because of the potential for sign...Read More

TOKYO, Oct 4 (Reuters) - Global miner Glencore and Japan's Tohoku Electric Power agreed on a price of $109.77 per tonne for supplies of thermal coal from Australia for the year through September 2019, according to a source with direct knowledge of the matter.The agreed price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 16 percent higher than the contrac...Read More

WASHINGTON (Reuters) - The U.S. Treasury on Thursday issued new North Korea-related sanctions that target a Turkish company and two Turkish individuals among others, according to the department's website.The Turkish company targeted is SIA Falcon International Group. The sanctions also target a North Korean citizen, according to the website.Reporting by Doina Chiacu; Editing by Steve Orlofsky Dis...Read More

Both names have gained significant ground so far this yearArrowhead Pharmaceuticals Inc (NASDAQ:ARWR) announced a $3.7 billion licensing deal with Janssen Pharmaceuticals -- a division of Johnson & Johnson (NYSE:JNJ) -- to develop and market its gene-silencing hepatitis B treatment, ARO-HBV. JNJ will also take a $75 million equity investment in the company for $23 per ARWR share -- a nearly 24%...Read More

MELBOURNE, Oct 4 (Reuters) - Shares in Asia's alumina makers rose on Thursday after Norsk Hydro said it would shut production at the world's biggest alumina plant, with South 32 and Alumina Ltd posting steep gains.Hydro plans to halt production and lay off 4,700 people at Brazil's Alunorte, which produces the aluminium raw material and has been operating at half capacity since March due to an envi...Read More

Both names saw huge gains out of the gateShares of surveying services expert SAExploration Holdings Inc (NASDAQ:SAEX) are volatile today after news the company landed a contract for a $100 million marine project in South Asia. After surging nearly 18% at the open, the stock swung back below breakeven to trade down 3.6% at $10.30. This is just more of the same for the shares, which briefly traded a...Read More

This could be the best-kept secret of the cannabis sector, but the story could go viral starting on October 17.The 17th of October marks the start of a new multi-billion-dollar cannabis market.Investors have made millions as Canada plans to legalize the green stuff.But the real winners have been the "incubators."And the single most successful one just closed a $300 million deal.... and this is ju...Read More

MELBOURNE, Oct 4 (Reuters) -* Privately held global metals and raw materials trader Concord Resources has taken a minority stake in New Day Aluminium Holdings LLC, the parent company of Noranda Alumina and Noranda Bauxite, the companies said on Wednesday.* The stake comes as New Day completes a $110 million refinancing and as it readies two major expansion projects at the Noranda Alumina facility...Read More

Sandstorm announced that it had sold approximately 14,300 attributable gold equivalent ounces during the third quarter of 2018.Revenues estimated for the third quarter will be approximately $17.39 million, which are down 3.1% compared to a year ago and down 8.1% sequentially.Since my precedent article, I have commenced a position between 3.50+ and 3.65 and will be willing to add under $3.40. I hav...Read More

(Kitco News) - Holdings in global gold-backed exchange-traded funds (ETFs) andsimilar products fell by 23.7 tonnes in September, equivalent to $932 millionin outflows, the World Gold Council (WGC) said Thursday.This was the fourth straight monthly decline, leaving totalholdings at 2,329 tonnes. When combined with a 1.1% drop in the gold pricesduring September, gold ETF assets under management in U...Read More

(Kitco News) - Holdings in global gold-backed exchange-traded funds (ETFs) and similar products fell by 23.7 tonnes in September, equivalent to $932 million in outflows, the World Gold Council (WGC) said Thursday.This was the fourth straight monthly decline, leaving total holdings at 2,329 tonnes. When combined with a 1.1% drop in the gold prices during September, gold ETF assets under management...Read More

TORONTO, Oct 4 (Reuters) - Canadian mergers-and-acquisitions activity nearly doubled in the third quarter, fueled by deals in the mining, real estate and cannabis sectors, according to Thomson Reuters data released on Thursday.Quarterly deal volume was up 91 percent to $75.7 billion from $39.6 billion in the same period last year, the data showed, bucking a global trend of declines in Europe and A...Read More

NFLX has found recent support at the 160-day moving averageShares of Netflix, Inc. (NASDAQ:NFLX) are slightly lower in early trading, last seen down 0.5% at $375, despite earlier this morning receiving a price-target hike to $350 from $320 at Evercore ISI. The firm cited positive download data as the catalyst behind the bull note. This has been far from the only bullish analyst attention for Netf...Read More

LONDON (Reuters) - The dollar held near a six-week high on Thursday as an overnight jump in U.S. Treasury yields prompted investors to buy the greenback before monthly jobs data on Friday which may show the U.S. economy growing at a robust pace.The Institute for Supply Management’s (ISM) non-manufacturing activity index jumped 3.1 points to 61.6 last month, the highest reading since August 1...Read More

COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO) faces a criminal investigation by the U.S. Department of Justice over a 200 billion euro ($230 billion) money laundering scandal involving its Estonian branch, increasing long-held investor fears.Denmark’s largest bank said on Thursday that it had “received requests for information from the U.S. Department of Justice (DOJ) in connection wi...Read More

LONDON, Oct 4 (Reuters) - China's overseas expansion will spread over land that is home to more than half the world's population, potentially boosting copper use by 1.6 million tonnes, or roughly 7 percent of annual demand, major miner BHP said on Thursday.BHP has analysed the impact of China's Belt and Road Initiative (BRI), a network of overseas construction projects, on commodity demand on the...Read More

NEW YORK (Reuters) - Square Inc (SQ.N), the payments company founded by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, has launched a new service that enables customers of its small-business clients to pay for purchases in installments, the company said on Thursday.Through Square Installments, the San Francisco-based company will be extending credit to the customers of merchants that use its te...Read More

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which should continue to underpin economic growth.The labor market, which is viewed as being near or at full employment, is steadily boosting wage growth, which could help to support consumer spending as the stimulus from the Trump admin...Read More