Despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries' mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018.In an industry overview published today, BMI presents the recent changes to the Democratic Republic of Congo's mining...Read More
The Chief Executive Officer of Chilean state copper company Codelco, Nelson Pizarro, confirmed rumours this weekend that he would stay on at the company's helm even after the country's new President, Sebastian Pi??era, appoints a new chairman and three directors in May.The mining veteran, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in...Read More
RBC upgraded DRI stock, which typically outperforms in the second quarterTwo weeks ago shares of Olive Garden parent Darden Restaurants, Inc. (NYSE:DRI) suffered a major post-earnings bear gap, and as a result closed the first quarter down 11.2%. Brokerage firm RBC, however, is viewing this pullback as a buying opportunity, upgrading DRI stock this morning to "outperform" from "sector perform" and...Read More
(Reuters) - Wall Street was set to start the second quarter on a downbeat note on Monday as China’s decision to raise import tariffs on U.S. products revived global trade war fears and technology stocks remained under pressure.Nasdaq futures NQc1 pointed to a 0.8 percent decline at the open as big names including Facebook (FB.O) and Amazon (AMZN.O) slipped in premarket trading.China, late on...Read More
China implemented tariffs on a number of U.S. imports todayStock futures are signaling a negative start to the second quarter, after the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) snapped lengthy quarterly win streaks last Thursday, and the Nasdaq Composite (IXIC) logged its worst monthly loss in years. Today's focus will be back on trade and tech, after China instituted tariffs on...Read More
(Kitco News)- Gold opened the new quarter on renewed buying interest. Gold heldour $1,322 level going into the long weekend and aggressive buying emerged atthe Asian open overnight. The Chinese have shot back and leveled tariffs on 128 U.S. products, which reignited the possibility of a trade war between theworld's two largest economies. The U.S. equity market continues to struggle andthe U.S...Read More
(Kitco News) - Goldrallied Monday as theU.S. dollar and equities weakened, with market participants further encouragedafter the metal held above chart support during a pre-Easter sell-off, traderssaid.However, the early-daymove occurred in exceptionally light volume with markets in many Westernnations still closed for a long Easter weekend, traders pointed out.“Obviously,there is weakness in...Read More
The S&P 500 enters the week just below resistance"The books for 2017 are closed, but as we move into 2018, loyal readers of Monday Morning Outlook are fully aware that the year-end closing levels on major equity, volatility, commodity, and currency benchmarks -- along with their related exchange-traded funds (ETFs) -- could serve as key potential support and resistance levels. This could be the ca...Read More
(Kitco News) - Gold opened the new quarter on renewed buying interest. Gold held our $1,322 level going into the long weekend and aggressive buying emerged at the Asian open overnight. The Chinese have shot back and leveled tariffs on 128 U.S. products, which reignited the possibility of a trade war between the world's two largest economies. The U.S. equity market continues to struggle and t...Read More
Gold has been consolidating formonths. In fact, the entire first quarter was traded in a big range. Gold neverbroke out to the upside or broke out to the downside. There have been manyfalse starts in both directions, but each time, gold came to that key moment itreversed and went the other way.There is no end in sight for thiswide consolidation pattern, but it will break out one way or the other;...Read More
BEIJING (Reuters) - The Chinese industry body which recommended targeting scrap aluminium in retaliatory trade action against the United States is already exploring what other measures could be taken, an official said on Monday.U.S. scrap aluminium was one of 128 products that China said it was considering for additional tariffs last month, and the Chinese finance ministry late on Sunday confirmed...Read More
WASHINGTON/IXTEPEC, Mexico (Reuters) - President Donald Trump said on Sunday that there will be no deal to legalize the status of young adult immigrants called Dreamers and he said the U.S.-Mexico border is becoming more dangerous.After tweeting a “Happy Easter” message on Twitter, he said: “Border Patrol Agents are not allowed to properly do their job at the Border because of ri...Read More
Gold has been consolidating for months. In fact, the entire first quarter was traded in a big range. Gold never broke out to the upside or broke out to the downside. There have been many false starts in both directions, but each time, gold came to that key moment it reversed and went the other way. There is no end in sight for this wide consolidation pattern, but it will break out one way or the o...Read More
BEIJING (Reuters) - China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of aluminum and steel.The tariffs, to take effect on Monday, were announced late on Sunday by China’s finance ministry and matched a list of potential...Read More
• Weaker USD/renewed US-China trade helps regain traction. • Pickup in the US bond yields did little to stall the up-move. • This week’s important releases could help determine the next direction. Gold prices edged higher at the start of a new week/quarter and recovered a part of last week's corrective fall from 1-1/2...Read More
* Markets closed for holiday in much of Europe* China imposes tariffs of up to 25 pct on 128 U.S. goods* Specs raise net long position in COMEX gold -CFTC* GRAPHIC-2018 asset returns: (Updates prices, adds comment)By Zandi ShabalalaLONDON, April 2 (Reuters) - Gold snapped a three-sessionlosing streak on Monday as the dollar fell and China raisedtariffs on U.S. products, escalating global trade ten...Read More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
Pe??a Adobe Open House11 a.m. to 2 p.m. April 7Pe??a Adobe Park, Pe??a Adobe Road in Lagoon Valley just off Interstate 80, VacavilleThe Pe??a Adobe Historical Society will host "Artists at the Adobe" at the Pe??a Adobe Park. Fairfield's Sandy Imperatori and members from art workshops she has conductedRead full newsRead More
There's gold in them thar hills!Read full newsRead More