Recent News

Futures drop as Trump refuels trade war worries

April 06, 2018 / www.kitco.com

(Reuters) - U.S. stock futures dropped on Friday after the United States and China renewed their trade spat, underpinning fears that the tit-for-tat actions could spiral into a trade war, and ahead of a closely watched monthly jobs data.Globally, stock markets edged downward after President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods and Beijing warned it...Read More

Gold Prices Jump After 103K Jobs Created In March; Big Miss For Economists

April 06, 2018 / www.kitco.com

(Kitco News)- Gold prices have pushed into positive territory following the release ofweaker-than-expected U.S. employment data.Friday,The Bureau of Labor Statistics said 103,000 jobs were created in March. Thedata was a big miss as economists were expecting to see job gains of 188,000. Alongwith the disappointment in the headline data, employment numbers for January wererevised lower to 176,000 j...Read More

U.S. Payrolls Rise Below-Forecast 103,000 as Wages Pick Up

April 06, 2018 / www.bloomberg.com

Unemployment rate holds at 4.1% for sixth straight monthAverage hourly earnings rise 2.7% from a year earlierBill Gross, fund manager at Janus Henderson, discusses the March jobs report and wage growth.U.S. hiring cooled in March following a strong February while wages picked up, returning labor-market progress to a more sustainable pace that keeps the Federal Reserve on track for further interest...Read More

Trump taking 'serious look' at policy options on Amazon

April 06, 2018 / www.kitco.com

Aboard Air Force One (Reuters) - U.S. President Donald Trump said on Thursday he would take a serious look at policies to address what he says are the unfair business advantages of online retailer Amazon.com Inc (AMZN.O)Speaking to reporters while traveling back to Washington from West Virginia on Air Force One, he accused Amazon of not operating on a level playing field and not paying enough sale...Read More

EU says Facebook confirmed data of 2.7 million Europeans 'improperly shared'

April 06, 2018 / www.kitco.com

BRUSSELS (Reuters) - Facebook (FB.O) has confirmed that the data of 2.7 million EU citizens were among those improperly used by political consultancy Cambridge Analytica, the EU executive said on Friday.The European Commission said it received a letter from the social media giant late on Thursday and that it would press for more details, piling pressure on the firm that has lost more than $100 bil...Read More

Oil falls on Trump's latest China trade threats

April 06, 2018 / www.kitco.com

LONDON (Reuters) - Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war between the world’s two biggest economies.Trump said on Thursday he had ordered U.S. trade officials to consider tariffs on an extra $100 billion of imports from China, escalating tensions with Beijing.“There is a risk for oil prices that...Read More

Honeywell targets 10 percent revenue growth in Southeast Asia this year

April 06, 2018 / www.kitco.com

KUALA LUMPUR (Reuters) - U.S. industrial conglomerate Honeywell International Inc (HON.N) is targeting a roughly 10 percent increase in revenue from Southeast Asia this year, in part boosted by growing defense spending in the region, a company executive told Reuters.The company, which makes everything from jet engines to thermostats, is primed to benefit in the region as China’s territorial...Read More

Trade war fears already hurting the economy, ECB's Coeure says

April 06, 2018 / www.kitco.com

CERNOBBIO, Italy (Reuters) - A trade war triggered by U.S. tariffs would cause a global recession - and the mere fear of one is already hurting the economy, European Central Bank board member Benoit Coeure said on Friday.Investors have been wondering whether an economic slowdown, aggravated if not caused by global trade tensions, could delay the end of the ECB’s exit from its aggressive mone...Read More

NAFTA nations 'moving forward in significant way': Canada's Trudeau

April 06, 2018 / www.kitco.com

OTTAWA (Reuters) - The United States, Mexico and Canada are “moving forward in a significant way” at talks to modernize the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Thursday.Trudeau’s remarks to reporters in Quebec City were the latest in a series of upbeat comments by officials in the three countries about the chances of striking some kind of deal soon on...Read More

Kirkland Lake Gold produces 147,644 oz Au in Q1 2018

April 06, 2018 / www.stockwatch.com

Mr. Tony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG YEAR-OVER-YEAR Q1 PRODUCTION GROWTHKirkland Lake Gold Ltd. had solid quarterly production in the first quarter of 2018. A total of 147,644 ounces were produced in Q1 2018, an increase of 13 per cent from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,6...Read More

Kirkland Lake Gold produces 147,644 oz Au in Q1 2018

April 06, 2018 / www.stockwatch.com

Mr. Tony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG YEAR-OVER-YEAR Q1 PRODUCTION GROWTHKirkland Lake Gold Ltd. had solid quarterly production in the first quarter of 2018. A total of 147,644 ounces were produced in Q1 2018, an increase of 13 per cent from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,6...Read More

Torex: Blockades End At Mexican Mine Complex

April 06, 2018 / www.kitco.com

Torex GoldResources Inc. (TSX: TXG) reports that negotiations between community leadershave resulted in an end to blockades of the company’s ELG Mine Complex inMexico. Processing operations have been uninterrupted since a January restart.Mining in the El Limon Pit is expected to resume Friday. “We are more thanpleased that we can now get back to unimpeded operations and value creation...Read More

China Says Will Fight Back 'At Any Cost' Against U.S. Trade Tariffs

April 06, 2018 / www.kitco.com

BEIJING/WASHINGTON (Reuters) - China warned on Friday it would fight back “at any cost” with fresh trade measures if the United States continues on its path of protectionism, hours after President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods.In light of China’s “unfair retaliation” against earlier U.S. trade actions, Trump upp...Read More

Bitcoin Daily Chart Alert - Bears Have The Better Week - April 6

April 06, 2018 / www.kitco.com

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Metals Appear To Be In Trouble

April 06, 2018 / www.kitco.com

This week we have watched themetals continue to churn in a range and mentioned that they may have found ahigher low with a new support level. On Thursday, gold sold off hard, tradingbelow the $1,330 support but closing right near support.Overnight President Trump startedtalking tariffs and trade wars again, sending equities reeling down over 400 pointsat one point. Gold barely budged on the news a...Read More

Metals Appear To Be In Trouble

April 06, 2018 / www.kitco.com

This week we have watched the metals continue to churn in a range and mentioned that they may have found a higher low with a new support level. On Thursday, gold sold off hard, trading below the $1,330 support but closing right near support. Overnight President Trump started talking tariffs and trade wars again, sending equities reeling down over 400 points at one point. Gold barely budged on the...Read More

Equinox Gold changes OTC symbols to EQXF & EQXWF (warrants)

April 06, 2018 / www.stockwatch.com

Mr. Christian Milau reportsEQUINOX GOLD ANNOUNCES SYMBOL CHANGE ON OTC MARKETSEquinox Gold Corp.'s trading symbols have been changed on the OTC Markets in the United States to match the company's trading symbols on the TSX Venture Exchange in Canada.At market open today the company's common shares and warrants will trade under the symbols EQXGF and EQXWF, respectively, on the OTC Markets. Equinox...Read More

Equinox Gold changes OTC symbols to EQXF & EQXWF (warrants)

April 06, 2018 / www.stockwatch.com

Mr. Christian Milau reportsEQUINOX GOLD ANNOUNCES SYMBOL CHANGE ON OTC MARKETSEquinox Gold Corp.'s trading symbols have been changed on the OTC Markets in the United States to match the company's trading symbols on the TSX Venture Exchange in Canada.At market open today the company's common shares and warrants will trade under the symbols EQXGF and EQXWF, respectively, on the OTC Markets. Equinox...Read More

Flawless white diamonds, among largest ever offered, to go on sale

April 06, 2018 / www.mining.com

Two flawless white diamonds each weighing in at more than 50 carats are expected to fetch more than $15 million when they are auctioned in May, auctioneers Sotheby's Diamonds said on Friday.The diamonds, a 51.71 carat round brilliant-cut gemstone and a 50.39 carat oval, are the second-largest of their respective kinds ever to come to auction, Sotheby's said.The sale of the gemstones, discovered an...Read More

Why Northern Dynasty Minerals, Ltd. Could Be a Gold Mine for Growth Investors

April 06, 2018 / dlvr.it

It's not just the potential for gold mining that makes this property a glittering proposition.Read full newsRead More

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