(Kitco News)- DetourGold Corp. (TSX: DGC) has updated the life-of-mine (LOM) plan for its DetourLake operation, making changes aimed at reducing large annual fluctuations inthe amount of gold that is mined but conceding some higher costs that werecontained in the previous plan.However,the company’s chief operating officer also pledged to work on reducing thoseexpenses. And while Detour has s...Read More

(Kitco News) - Detour Gold Corp. (TSX: DGC) has updated the life-of-mine (LOM) plan for its Detour Lake operation, making changes aimed at reducing large annual fluctuations in the amount of gold that is mined but conceding some higher costs that were contained in the previous plan.However, the company’s chief operating officer also pledged to work on reducing those expenses. And while Detou...Read More

MSG stock hit a record high out of the gateShares of Madison Square Garden Co (NYSE:MSG) are surging, after the entertainment issue said it's board of directors unanimously approved a plan to explore a possible spin-off of its sports business, which includes the New York Knicks and New York Rangers. A bullish brokerage note is only fueling the upside, with MSG stock up 11.5% to trade at $296.95 --...Read More

CMG stock is set for its worst day in months Chipotle Mexican Grill, Inc. (NYSE:CMG) stock is trading lower today, as the company's highly anticipated conference call left investors disappointed. On the call, new CEO Brian Niccol -- who recently said the burrito chain is testing new menu items -- revealed Chipotle will be closing 65 of its underperforming restaurants, and announced plans for in-ap...Read More

LONDON, June 28 (Reuters) - The European Central Bank will buy around 50 billion euros ($58 billion) of German government bonds next year as it looks to reinvest funds from maturing bonds purchased under the bank’s stimulus scheme, Germany’s debt management agency said.“We expect the ECB to buy around 50 billion euros of our 2,5,10,30-year bonds in 2019 in order to keep the portf...Read More

Angela Merkel failed to resolve a clash over migration with her Bavarian sister party, ratcheting up pressure on the German chancellor as she faces a weekend ultimatum to tighten borders.Read full newsRead More

Technological innovations are altering the mining industry in a number of important ways. Read full newsRead More

LONDON (Reuters) - Europe’s top asset management trade body on Thursday added its voice to growing concerns about the impact of new European Union fund disclosure rules, saying they were causing “serious detriment” to retail investors.The EU’s Packaged Retail Investment and Insurance Products directive went live in January and aims to give investors a better idea of a fund&...Read More

BRASILIA (Reuters) - Far-right lawmaker Jair Bolsonaro leads the field for Brazil's October presidential election, ahead of environmentalist Marina Silva, a new poll showed on Thursday.Bolsonaro, a federal congressman, won 17 percent of voters' support in a simulated first-round ballot, pollster Ibope said, putting him ahead of Silva's 13 percent in a scenario excluding jailed former president Lui...Read More

FedEx, UPS, Walgreens, and CVS are all getting hammeredThe latest announcements out of Amazon.com, Inc. (NASDAQ:AMZN) are set to have a major impact on the stock market today. Specifically, the e-commerce juggernaut said it would be leasing Amazon delivery vans to small businesses, while providing the businesses with things such as uniforms and insurance programs. This news is set to weigh on the...Read More

This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More

Is this why Trump just held out an olive branch to China?Read full newsRead More

BEIJING (Reuters) - China’s commerce ministry said on Thursday it would carefully monitor U.S. policies on inbound investments, stressing that the country opposes using national security as grounds to restrict foreign investments.U.S. President Donald Trump said on Wednesday he will use a strengthened national security review process to thwart Chinese acquisitions of sensitive American techn...Read More

WASHINGTON, (Reuters) - The U.S. economy slowed more than previously estimated in the first quarter amid the weakest performance in consumer spending in nearly five years, but growth appears to have since regained momentum on the back of a robust labor market and tax cuts.Gross domestic product increased at a 2 percent annual rate in the January-March period, the Commerce Department said on Thursd...Read More

The final reading on first-quarter GDP was downwardly revised to 2%Futures on the Dow Jones Industrial Average (DJI) are signaling a negative start, with the blue-chip index set to continue the downside momentum created during yesterday's big reversal. While Wednesday's afternoon sell-off was sparked by weakness in the tech sector, today's pre-market action could be the result of the final reading...Read More

Just released drone footage of Tesla's Model 3 productionRead full newsRead More

BEIJING (Reuters) - China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities this year, mobilizing powers from seven major Chinese government agencies in a concerted effort to rein in rising prices.The property market has been heating up lately, despite intensifying official curbs, prompting several local governments to announce new rules this month...Read More

BRUSSELS (Reuters) - EU leaders meet in Brussels for two days of talks on migration that German Chancellor Angela Merkel described as “make or break” for the union.They will also discuss security, trans-Atlantic trade and their troubled ties with U.S. President Donald Trump, economic sanctions on Russia, the bloc’s next long-term budget from 2021, the euro zone reform and Brexit,...Read More

(Kitco News) - Gold prices are seeing a very limited reaction to disappointing U.S. gross domestic product data that showed weaker than expected growth in Q1, according to the U.S. Commerce Department. The final estimate of the first-quarter gross domestic product showed the U.S. economy growing at an annual rate of 2% versus the expected 2.2%. This is the third GDP reading. The very first estimat...Read More

(Kitco News) - Gold prices are seeing a very limited reaction to disappointing U.S. gross domestic product data that showed weaker than expected growth in Q1, according to the U.S. Commerce Department. The final estimate of the first-quarter gross domestic product showed the U.S. economy growing at an annual rate of 2% versus the expected 2.2%. This is the third GDP reading. The very first estimat...Read More