Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More
The Alaska Mental Health Trust is considering handing over control of nearly 2,000 acres of Cook Inlet land to Donlin Gold. Listen nowRead full newsRead More
Peter Epstein of Epstein Research profiles a company actively exploring a project in Argentina that could become a major copper-gold asset.Read full newsRead More
Wallbridge Starts Dewatering of Fenelon Gold Mine Workings for Bulk Sampling ProgramRead full newsRead More
Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More
RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More
Mining is to the blockchain what prospecting is to gold. Here's everything you need to know about how to mine Ethereum, including a step-by-step guide on how to build an Ethereum mining rig.Read full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
TOKYO, March 13 (Reuters) - Japanese shares rose for afourth day on Tuesday in choppy trade as a weak yen triggeredbuying in futures, offsetting weakness in steelmakers andautomakers still battered by concerns about U.S. tariffs onimported steel and aluminium.The Nikkei average gained 0.7 percent to 21,968.10while the broader Topix added 0.6 percent to 1,751.03.Tuesday's winners included defensive...Read More
Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...Read full newsRead More
The Hedgeless HorsemanPosted Mar 12, 2018During the last few weeks I have spent pretty much all of my time digging deeper into why there seems to be so much widespread conglomerate gold in Pilbara, something which I highlighted in my first paidNovo article, and which is also apparent when you take a look at one of Novo’s slides:(Click on images to enlarge)Source: Novo Resource’s March...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Action Alerts Plus holding Apple (AAPL) is making news Monday for shooting down an acquisition of Netflix (NFLX) or Disney (DIS) .The Dow is now more than 1,400 points below its all-time high of 26,616 set on Jan. 26.The FAANG stocks continue to push to new highs. TheStreet's Francesca Fontana reports why. Wall Street Overview The...Read More
Jack ChanPosted Mar 12, 2018GLD – on sell signal.***SLV – on buy signal.***GDX – on buy signal.***XGD.TO – on buy signal.***CEF – on sell signal.***GDXJ – on buy signal.***Speculation is in bull market values.Data is supportive for overall higher prices.The is a massive bottoming pattern four years in the making.SummaryLong-term – on major buy signal.Short...Read More
Geopolitical uncertainty is helping to support gold prices, but an impending rate hike in less than two weeks could finally take its toll on the market, with some analysts expecting gold prices to test support below $1,300 an ounce in the near-term. The gold market closed its second week in relatively neutral territory, within a narrowing trading range. April gold futures last traded at $1,329 a...Read More
3 Hot Things in the Market Right Now General Electric's (GE) stock looks to build on last week's surprising 6% gain. Spotify is reportedly shooting for an April 2 listing of its stock.The collective valuations of U.S. tech stocks, as well as online retailer and Action Alerts Plus holding Amazon (AMZN) , have now topped $7 trillion, according to Bank of America Merrill Lynch, a figures that...Read More
The latest news and price moves to start the Asian day on Tuesday March 13.Base metals prices on the London Metal Exchange were lower across the board at the close on Monday March 12, with overhead selling pressure weakening prices. Read more in our live futures report.Here are how LME prices looked at Monday's close:Copper industry participants from throughout the value chain gathered at Met...Read More
March 21 is just over a week away.That's when the Federal Open Market Committee, FOMC, the Fed's interest rate policy arm, will raise interest rates another 0.25%, the sixth such rate increase since the "liftoff" in interest rates in December 2015.This is the most aggressive tempo of rate hikes of any major central bank and puts U.S. policy rates significantly higher than those in the U.K., Japan...Read More
Every day, hundreds of regular investors just like you are becoming millionaires…And the way they're doing it is simple.They're taking advantage of the explosive growth of the medical marijuana market!A few years ago, this market was essentially worth nothing...But last year, according to Forbes, it exploded to $10 billion in sales. And by 2020, it's estimated to reach $20 billion.You might...Read More