(Kitco News) - Gold and silver prices were modestly lower in early-afternoon U.S. trading Monday. Bothmarkets are hovering near their 12-month lows set last week. Scant riskaversion in the marketplace the past several weeks has most traders andinvestors avoiding the safe-haven metals. Augustgold futures were last down $1.80an ounce at $1,239.40. September Comex silver was down $0.005 at $15.81 ano...Read More

(Kitco News) - Gold and silver prices were modestly lower in early-afternoon U.S. trading Monday. Both markets are hovering near their 12-month lows set last week. Scant risk aversion in the marketplace the past several weeks has most traders and investors avoiding the safe-haven metals. August gold futures were last down $1.80 an ounce at $1,239.40. September Comex silver was down $0.005 at $15.8...Read More

HELSINKI (Reuters) - Donald Trump met one-on-one with Russia’s Vladimir Putin behind closed doors on Monday in a long-awaited summit overshadowed by the U.S. president blaming his own country’s past “foolishness and stupidity” for the two powers’ hostile ties.Following are highlights of comments made by Trump and Putin at a news conference after their meeting in Finla...Read More

NEW YORK/SAN FRANCISCO (Reuters) - The FANGs have gotten their bite back, and they are helping Wall Street erase the wrenching correction that beset it in February.Facebook, Amazon.com, Netflix and Google’s parent Alphabet have led the technology and consumer discretionary sectors back to record high levels in recent days. Whether they can haul the wider market over that threshold likely hin...Read More

Barclays initiated coverage with an 'overweight' rating and lofty price targetsThe shares of biopharmaceutical companies Cellectis SA (NASDAQ:CLLS) and Eidos Therapeutics Inc (NASDAQ:EIDX) are higher today, with help from some upbeat analyst attention. Both CLLS and EIDX received new "overweight" ratings, and the brokerage firms set price targets that imply expected upside of more than 70%.Barclay...Read More

GILD will report earnings after next Wednesday's closeEarnings season is kicking into high gear, with several blue chips on tap to report this week. Stocks have the tendency to make volatile moves after a company's earnings report, and those looking for a potential trading opportunity may want to consider hepatitis specialist Gilead Sciences, Inc. (NASDAQ:GILD), which has tended to exceed volatili...Read More

(Reuters) - The benchmark S&P 500 index was marginally lower on Monday as a sharp drop in crude oil prices weighed on the energy stocks and offset a rebound in financials after Bank of America’s strong results reinforced expectations of a strong earnings season.The S&P energy sector .SPNY fell 1.6 percent, the most among the 11 major S&P sectors. Shares of Exxon (XOM.N) slid more...Read More

PODGORICA (Reuters) - Perched atop massive cement pillars that tower above Montenegro’s picturesque Moraca river canyon, scores of Chinese workers are building a state-of-the-art highway through some of the roughest terrain in southern Europe.The government has described the 165 km (103 mile) highway, with its imposing bridges and deep-cut tunnels, as the construction of the century and a pa...Read More

(Bloomberg) - It's a faint echo of the defense being floated by targets of the Mueller probe in the U.S.-an unaccountable circle of bureaucrats manipulating the system to their own ends.But in London, it's the last ditch effort by a trio of Kazakh oligarchs to derail the U.K.'s biggest bribery investigation.The mining tycoons behind Eurasian Natural Resources Corp., the former FTSE 100 company su...Read More

Amazon's Prime Day will kick off later todayStocks are trading close to breakeven today, asthe Dow Jones Industrial Average (DJI) struggles to gain a foothold amid the advent of earnings season. Energy stocks are lower with oil prices, offsetting big gains for bank stocks in the wake of the latest earnings reports from the financial sector. August-dated crude futures are down 3.9% at $68.21 per...Read More

BRUSSELS, July 16 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS- Business travel services company Global Business Travel Holdings Ltd, which is jointly controlled by American Express Co and Qatar Holding, to acquire UK peer Hogg Robinson Group Plc (approved July 13)- Italian company Snam to acquire...Read More

JOHANNESBURG (Reuters) - China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the U.S. Overseas Private Investment Corporation (OPIC) said on Monday.The criticism of Beijing - targeted by President Donald Trump in a trade war that has sent ripples through economies around the world - comes as Washington see...Read More

(Bloomberg) - South Africa's mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining Co.'s copper operation.Sunday's accident brings the industry's total to at least 54 and is the second-worst incident this year after seven people died at a Sibanye Gold Ltd. mine when an earth tremor cased a rockfall. The incident will be invest...Read More

(Bloomberg) - Sub-Saharan conglomerate Moti Group is considering selling a $500 million stake in the group that spans chrome-ore mining to aviation.Chairman Zunaid Moti said he'd be willing to sell as much as 25 percent of the closely held company to the right partner, but ruled out any prospect of an initial public offering."At some stage we would look to partly monetize," Moti said in an interv...Read More

Gold mining stocks have been serious under-performers for years.They are not following gold or anything they're supposed to.There are two major things that they are following.If you are a gold bug, you have marveled lately at how historically cheap gold stocks have gotten relative to about everything: (click on images to enlarge) Here we see that, despite gold climbing from $35 in 1968 to abo...Read More

RRC had been trending higher following its mid-February lowsAfter topping out near its early January highs last week, Range Resources Corp. (NYSE:RRC) sold off with oil prices. The energy stock is down another 1.3% today to trade at $16.18, but this recent pullback could be a prime buying opportunity, if history is any guide. Looking closer at the charts, RRC has picked up almost 36% since its 13-...Read More

Boeing stock is in the spotlight as the Farnborough Airshow kicks offChicago-based Boeing Co (NYSE:BA) has been at the center of a busy opening day at the Farnborough Airshow. The company announced an impressive list of multi-billion-dollar deals, including a three-way agreement with United Airlines (UAL) and close business partner Embraer SA., as well as its huge deal with DHL. As a result, BA st...Read More

"Comment: The sharp minds behind US show House of Cards might have got it right on REEs so watch out Donald Trump (and Lockheed Martin) ($) | https://t.co/I8cvItxZ69 #TradeWars #trump"Read full newsRead More

FARNBOROUGH, England (Reuters) - Britain is talking to a number of potential partners for its new fighter jet project, Tempest, which it launched on Monday, a senior official in the UK’s Royal Air Force told Reuters.“Sweden would be an interesting party, and we are having conversations with a lot of countries, (including) Japan,” Air Vice-Marshal Simon Rochelle said on the sideli...Read More

Sandstorm Gold has released the results of its Hod Maden pre-feasibility study.The PFS confirms that Hod Maden is likely to be an economical mine, although there are some risks/uncertainties to be aware of.I discuss the Hod Maden PFS and what to expect from this asset.Sandstorm Gold: Hod Maden PFS Analysis SAND data by YCharts Sandstorm Gold (SAND) has released the results of the highly-anticipate...Read More