Savannah Resources Plc (LON:SAV) chief executive David Archer updates Proactive's Andrew Scott on the results of metallurgical testing at their Mina Do Barroso project in Portugal.Archer also touches on latest Developments in Oman - saying talks are ongoing over the final outstanding approval. Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our...Read More
WASHINGTON (Reuters) - The Trump administration will try to keep any new steel and aluminum tariffs from hurting the U.S. economy, Treasury Secretary Steven Mnuchin said on Tuesday.“I think we have a way of managing through this,” Mnuchin told House of Representatives lawmakers during a hearing on President Donald Trump’s budget proposal.Reporting by Jason Lange Disclaimer: The...Read More
Continuing on with the trend of retail earnings, Dollar Tree, Inc. (NASDAQ:DLTR) is set to report fourth-quarter earnings tomorrow before the opening bell. DLTR has had a decent year overall, but has pulled back below the 50-day moving average, which could now be acting asresistance -- though the $100 level could serve as a floor going forward. The bargain retailer has picked up 35% over the pas...Read More
WASHINGTON (Reuters) - The U.S. Senate on Tuesday voted 67-32 in favor of beginning to debate a bipartisan bill that would ease rules for mid-sized and small lenders introduced following the 2007-2009 financial crisis.The vote paves the way for the chamber to potentially pass the proposed legislation by the end of the week.The bipartisan bill, authored by Senate Banking Committee chairman Mike Cra...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Source: Streetwise Reports 03/06/2018A company that Resource Maven Gwen Preston profiled just released a maiden resource for its project in Bulgaria just seven months after it began drilling.Velocity Minerals Ltd. (VLC:TSX.V) on March 5 released a maiden resource for its Rozino Gold Project in Bulgaria. The company reported that at a 0.5 g/t cut-off grade, the resource totals 17 Mt at 1.15 g/t...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Source: Streetwise Reports 03/06/2018A company that Resource Maven Gwen Preston profiled just released a maiden resource for its project in Bulgaria just seven months after it began drilling.Velocity Minerals Ltd. (VLC:TSX.V) on March 5 released a maiden resource for its Rozino Gold Project in Bulgaria. The company reported that at a 0.5 g/t cut-off grade, the resource totals 17 Mt at 1.15 g/t...Read More
Source: Streetwise Reports 03/06/2018Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the mineral-rich, but often overlooked, main island of Fiji, part of the South Pacific Ring of Fire, and several active miners there.Mining in FijiThe Gold Report: Lawrence, thanks for joining us today. You've had a long career in mining. Would you tell us about it?Lawrence Roulston...Read More
Source: Streetwise Reports 03/06/2018Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the mineral-rich, but often overlooked, main island of Fiji, part of the South Pacific Ring of Fire, and several active miners there.Mining in FijiThe Gold Report: Lawrence, thanks for joining us today. You've had a long career in mining. Would you tell us about it?Lawrence Roulston...Read More
HOUSTON (Reuters) - The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth in demand and compensate for the natural decline in developed fields, Saudi Aramco Chief Executive Officer Amin Nasser said on Tuesday.Speaking at the CERAWeek conference in Houston, Nasser said the industry has already lost $1 trillion of investments since the...Read More
MEXICO CITY (Reuters) - Mexico's Economy Minister Ildefonso Guajardo on Tuesday ruled out talk of a bilateral trade treaty with the United States, saying the North American Free Trade Agreement, which is currently being renegotiated, must remain a three-country accord.Guajardo also said in a local TV interview that if the U.S. government were to push ahead with metals tariffs that included Mexico,...Read More
NEW YORK, March 6 (Reuters) - Asian gold-backed exchange-traded funds (ETFs) added more tonnes in February than North America and Europe, reversing its 2017 trend of having more flows out, the World Gold Council said on Tuesday.Asian-listed gold ETFs added 7.9 tonnes worth $318.1 million. This was an 8.3 percent increase from January."We've seen overall investment demand pick up in Asia, particula...Read More
NEW YORK, March 6 (Reuters) - Asian gold-backed exchange-traded funds (ETFs) added more tonnes in February than North America and Europe, reversing its 2017 trend of having more flows out, the World Gold Council said on Tuesday.Asian-listed gold ETFs added 7.9 tonnes worth $318.1 million. This was an 8.3 percent increase from January."We've seen overall investment demand pick up in Asia, particula...Read More
The Dow Jones Industrial Average (DJI) was up more than 120 points at its intraday peak, as traders initially cheered North Korea denuclearization talk. However, the blue-chip index has since swung to a triple-digit loss, after Bloomberg reported President Donald Trump believes his chief economic adviser, Gary Cohn, will resign should proposed steel and aluminum tariffs go into effect. The S&P 50...Read More
British company Sirius Minerals (LON:SXX), the company building a huge polyhalite mine beneath a national park, is looking to raise up to $2 billion in government-backed debt to finish building its fertilizer project in North Yorkshire.Delivering preliminary results for 2017, the company said its main focus this year will be securing up to $3bn from banks, including roughly $2bn under the gover...Read More
British company Sirius Minerals (LON:SXX), the company building a huge polyhalite mine beneath a national park, is looking to raise up to $2 billion in government-backed debt to finish building its fertilizer project in North Yorkshire.Delivering preliminary results for 2017, the company said its main focus this year will be securing up to $3bn from banks, including roughly $2bn under the gover...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistEvery year, a vast amount of copper is used by the global economy to manufacture a wide variety of goods.It's a major ingredient in big-ticket consumer goods like autos, appliances, electronics, and new homes. Simultaneously, copper is also gobbled up for many industrial uses including telecommunications, utilities, construction, and industrial...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistEvery year, a vast amount of copper is used by the global economy to manufacture a wide variety of goods.It's a major ingredient in big-ticket consumer goods like autos, appliances, electronics, and new homes. Simultaneously, copper is also gobbled up for many industrial uses including telecommunications, utilities, construction, and industrial...Read More
'I think we have a greater distortion and a financial danger sitting out there bigger than ever before... It's going to be a calamity.' And that "calamity," according to libertarian and former presidential candidate Ron Paul, could very well lead to a 50% drop in the stock market. For the Dow DJIA, +0.38% that would mean about 12,500 or so. Who does he blame for the looming market catastrophe? Th...Read More