LONDON (Reuters) - New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country.European insurers, reinsurers, brokers and shipping firms have been winding down Iranian business as the United States reimposes sanctions on insurance and reinsurance from Nov. 4 after Wash...Read More
Gold miner has its' own growth projects plus an eye on M&ARead full newsRead More
CHEQUERS, England (Reuters) - U.S. President Donald Trump said on Friday he looked forward to finalizing a post-Brexit trade deal with Britain, marking an abrupt change from a newspaper interview when he said Prime Minister Theresa May’s strategy would kill such an agreement.In an interview published just hours before the two leaders held talks, Trump chided the “very unfortunate&rdquo...Read More
LOS ANGELES (Reuters) - Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc (WMT.N) and Amazon.com (AMZN.O) face uncertainty due to U.S. President Donald Trump’s threat to impose...Read More
Options traders have actually been bearish recentlyTableau Software Inc (NYSE:DATA) exploded higher back in early May thanks to yet another blowout earnings report. The shares managed to extend that momentum in the following weeks until a mid-June pullback -- though this ultimately was contained by the 50-day moving average. DATA stock hasresumed its long-term uptrend since bouncing from this key...Read More
WWE is among the stocks that tend to exceed volatility expectationsEarnings season is heating up, with big banks in focus this morning. With that in mind, we decided to hunt for some options-trading ideas for premium buyers this earnings season. Specifically, we identified stocks that have tended to make outsized moves on the charts in the past year, relative to what the options market has priced...Read More
?>>?For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC.Abitibi is focusing its efforts on one of Canada's largest gold mines, which is located 25 kilometres west of Val d'Or in Quebec's Abitibi region."There have been well in excess 10-millio...Read More
?>>?For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC.Abitibi is focusing its efforts on one of Canada's largest gold mines, which is located 25 kilometres west of Val d'Or in Quebec's Abitibi region."There have been well in excess 10-millio...Read More
?>>?For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC.Abitibi is focusing its efforts on one of Canada's largest gold mines, which is located 25 kilometres west of Val d'Or in Quebec's Abitibi region."There have been well in excess 10-millio...Read More
Today Zinc – Buy Zinc at CMP 175.60 Add more at price 174 with SL 173 for Target 178.50 – 179.50 Read More
CHEQUERS, England (Reuters) - U.S. President Donald Trump will discuss substantial reductions to nuclear weapons when he meets Russian President Vladimir Putin in Helsinki on Monday.“If we can do something to substantially reduce them, I mean, ideally get rid of them, maybe that’s a dream, but certainly it’s a subject that I’ll be bringing up with him,” Trump said.&ld...Read More
NEW YORK (Reuters) - The dollar rose on Friday to a two-week peak against a basket of currencies after data showing a record Chinese trade surplus, which may add fuel to U.S.-China trade tensions, spurring more investors to pile into the safety of the greenback.Upbeat comments on the U.S. economy from Federal Reserve Chairman Jerome Powell also stoked demand for the dollar, analysts said.The yen f...Read More
BEIJING/HONG KONG (Reuters) - China warned supporters of Nobel Peace Prize-winning dissident Liu Xiaobo not to mark Friday’s anniversary of his death, while rights activists in Chinese-ruled Hong Kong gathered to keep his memory alive.Liu died aged 61 on July 13 last year in a hospital in the northern city of Shenyang under close guard by security agents, after he was denied permission to le...Read More
Bloomberg News/LandovThe cost of many imported goods are expected to rise in the coming months if trade tensions between the U.S. vs. China and other countries worsens. That could add to rising inflation at home. The numbers: The cost of import goods fell sharply in June to mark the biggest drop in about a year and a half, though the respite might be short-lived amid worsening trade tensions betw...Read More
The company was ordered to pay $4.7 billion in damagesShares of Johnson & Johnson (NYSE:JNJ) are lower in early trading, as investors digest the verdict of a St. Louis trial that concluded that asbestos in the company's talc-based products caused ovarian cancer in 22 women. The jury ordered Johnson & Johnson to pay $4.7 billion in damages. Shares of the Dow stock are down 0.7% at $126.89, at las...Read More
Orezone just released an Updated Feasibility Study highlighting their Bombor?(C) project as possessing: strong economics, modest CapEx, quick payback, simple mine plan, and ample remaining development/exploration upside potential.Bombor?(C) compares favorably to Karma, a past development stage gold project in Burkina Faso that was later taken over and acquired by Endeaovour Mining, at a premium to...Read More
Barclays continues to view FAANG names as a safe investmentTech stocks have been hot, illustrated by yesterday's all-time high from the Nasdaq Composite (IXIC). It's been a number of the usual suspects helping drive the index's price action, including Facebook, Inc. (NASDAQ:FB), which just this morning touched a record high of $208.43, and was last seen up 0.1% at $207.21, thanks in part to a roun...Read More
"Read #MiningJournal's #GlobalLeadershipReport for a comprehensive review of the industry's readiness to take on the challenges of today, and tomorrow. In partnership with @SwannGlobal @ProudfootMCG"Read full newsRead More
The drug company saw a clinical hold lifted by the regulatory agencyShares of Advaxis, Inc. (NASDAQ:ADXS) are surging, after the U.S. Food and Drug Administration (FDA) lifted its clinical hold on a trial for the company's cervical cancer drug, axalimogene filolisbac. The hold was initiated back in March following the death of a patient due to respiratory failure. ADXS stock is up 34% out of the g...Read More
LONDON (Reuters) - Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.Brent crude LCOc1 was down 10 cents at $74.35 per barrel by 1308 GMT, having fallen earlier by 1.3 percent. It was heading for a weekly fall of around 3 percent.U.S. benchmark West Texas Intermediate crude...Read More