NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.At the time, he put most of his money into a handful of small-cap and over-the-counter stocks. Yet watching the Russell 2000 index of sma...Read More
Mr. Brett Heath reportsMETALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q3 PRODUCTION Metalla Royalty and Streaming Ltd. had preliminary production results for the three months ended Feb. 28, 2018, of 96,542 ounces of silver sold and provisionally invoiced. In addition, Metalla held 35,473 ounces silver of attributable inventory to be realized in the subsequent quarter. Metalla ex...Read More
Mr. Brett Heath reportsMETALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q3 PRODUCTION Metalla Royalty and Streaming Ltd. had preliminary production results for the three months ended Feb. 28, 2018, of 96,542 ounces of silver sold and provisionally invoiced. In addition, Metalla held 35,473 ounces silver of attributable inventory to be realized in the subsequent quarter. Metalla ex...Read More
ABIDJAN, March 19 (Reuters) - Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power.Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (M...Read More
ABIDJAN, March 19 (Reuters) - Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power.Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (M...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD ANNOUNCES $2,500,000 EXPLORATION PROGRAM FOR 2018 Klondike Gold Corp.'s board has approved a $2.5-million exploration program for 2018 within the company's Klondike district property in Yukon.Summary: $2.5-million exploration budget for 2018, which includes: 5,000 to 7,000 metres of drilling; 3,000 to 5,000 new soil samples; 300to 500 line kilometres of groun...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD ANNOUNCES $2,500,000 EXPLORATION PROGRAM FOR 2018 Klondike Gold Corp.'s board has approved a $2.5-million exploration program for 2018 within the company's Klondike district property in Yukon.Summary: $2.5-million exploration budget for 2018, which includes: 5,000 to 7,000 metres of drilling; 3,000 to 5,000 new soil samples; 300to 500 line kilometres of groun...Read More
(Kitco News)- The latest trade data from theCommodity Futures Trading Commission revealed that hedge funds continued toreduce their exposure to gold because of an increased the risk of aggressiveaction from the Federal Reserve, according to some analysts.The Commodity Futures TradingCommission’s disaggregated Commitments of Traders report for the week endingMarch 13 showed money managers dro...Read More
(Bloomberg) - Miners in the Democratic Republic of Congo won't secure substantial concessions in talks with the government about changes to the industry code, the head of the state mining company said.The operators, including Glencore Plc and Randgold Resources Ltd., are pressing the government to row back on some of the reforms President Joseph Kabila signed into law this month. The modification...Read More
LONDON (Reuters) - Oil prices eased on Monday after rallying at the end of last week, but tensions between Saudi Arabia and Iran helped limit losses.Prices had climbed on Friday after Saudi Crown Prince Mohammed bin Salman said the kingdom would develop nuclear weapons if arch-rival Iran did.Petromatrix analyst Olivier Jakob said prices were “really giving back some of Friday’s short-c...Read More
(Bloomberg) - Miners in the Democratic Republic of Congo won't secure substantial concessions in talks with the government about changes to the industry code, the head of the state mining company said.The operators, including Glencore Plc and Randgold Resources Ltd., are pressing the government to row back on some of the reforms President Joseph Kabila signed into law this month. The modification...Read More
* Don’t expect protectionism to spread globally - BOJ Kuroda* Adds protectionist steps hurt countries that implement them* Kuroda warns against over-regulation on cryptocurrencies (Adds quotes, detail)By Leika KiharaBUENOS AIRES, March 19 (Reuters) - Group of 20 finance leaders will likely reaffirm their shared understanding on the importance of free trade, Japan’s central bank governo...Read More
WASHINGTON (Reuters) - Several large U.S. retail companies, including Wal-Mart Inc, Target Corp, Best Buy Co Inc and Macy’s Inc, on Monday sent President Donald Trump a letter urging him not to impose massive tariffs on goods imported from China.The Trump administration is said to be preparing tariffs against Chinese information technology, telecommunications and consumer products in an atte...Read More
Twitter announced its intent to ban cryptocurrency ads this morningShares of social media giant Twitter Inc (NYSE:TWTR) are falling today in light of Facebook's data mishap. Meanwhile, the company just announced a plan to ban cyrptocurrency ads.In response, TWTR stock has already explored both sides of breakeven today, but was last seen 0.8% lower to trade at $35.29.Overall, Twitterhas had a grea...Read More
The brokerage firm still believes HCA Healthcare is a "buy"Brokerage firm Leerink mentioned HCA Healthcare Inc (NYSE:HCA) as a stock to buy in a note on hospital operators. The covering analyst said fundamental tailwinds such as a bad flu season and rising healthcare costs continue to help HCA and sector peers. The equity is trading down 0.4% at $102.36 this morning, but is holding support at the...Read More
More than 50 million FB users were reportedly compromisedShares of Facebook, Inc. (NASDAQ:FB) have plunged 5.6% this morning to trade at $175.84, amid reports that U.K.-based Cambridge Analytica -- a political data mining firm with ties to Steve Bannon, a former adviser to President Donald Trump -- gathered personal information from more than 50 million profiles on the social media site without ge...Read More
One of the penny stocks is set for its worst day in more than a yearCidara Therapeutics Inc (NASDAQ:CDTX) stock is lower today, down 22% to trade at $6.09, despite the biotech company reporting its anti-fungal drug Rezafungin acetate met the main goals of a mid-stage study. Cidara will advance this drug to late-stage trials in the latter half of the year. Even amidst the seemingly upbeat news --...Read More
BUENOS AIRES (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump’s steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.U.S. Treasury Secretary Steven Mnuchin, who arrives on Sunday in Buenos Aires ahead of a two-day meeting of the Group of 20 finance ministers, wil...Read More
(Kitco News) - Gold prices are trading slightly up and near their dailyhighs in late-morning action Monday. The yellow metal moved higher as the U.S. dollar index dropped to its daily low. Weaker U.S. stock index prices today arealso working in favor of the precious metals market bulls. Aprilgold was lastup $1.00 an ounce at $1,313.40. By Jim Wyckoff For Kitco NewsFollow @jimwyckoffjwyckoff@kitco....Read More
Exchange-traded-fundinvestors appear to be using the recent pullback in gold and silver prices as abuying opportunity, says Commerzbank. The ETFs trade like a stock but track theprice of the commodity, with metal moving in and out of storage as necessary toback the shares. The bank says ETF investors, who tend tohave a longer-term horizon than speculators in the futures market, “have seizedt...Read More