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
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
WASHINGTON (Reuters) - Automakers, business groups and farmers took their fight against U.S. President Donald Trump’s proposed tariffs on steel and aluminum to Capitol Hill on Monday, betting that Republican lawmakers would stand up to the White House on their behalf.By turning to Congress, lobbyists for industries that could lose in a trade war are making a bet that Republican lawmakers wou...Read More
(Reuters) - U.S. stock futures pointed to a higher opening on Tuesday on the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump’s proposed metals tariffs.North and South Korea will hold their first summit in more than a decade in late April, the South’s presidential office said on Tuesday, adding that North Korea was open to...Read More
SEOUL (Reuters) - North Korea is willing to hold talks with the United States on denuclearization and will suspend nuclear tests while those talks are under way, the South said on Tuesday after a delegation returned from the North where it met leader Kim Jong Un.North and South Korea, still technically at war but enjoying a sharp easing in tension since the Winter Olympics in the South last month,...Read More
(Adds details, quotes, context)MOSCOW, March 6 (Reuters) - Russia's Norilsk Nickel reported a 16 percent drop in 2017 net profit on Tuesday due to a smaller foreign exchange gain, but was optimistic about prospects for its largest revenue generator palladium, saying a market deficit could widen.Norilsk Nickel (Nornickel) is the world's top palladium producer. It also vies with Brazilian miner Vale...Read More
LONDON (Reuters) - The dollar edged down on Tuesday, while the Canadian dollar traded close to an eight-month low on persistent worries about a trade war stemming from U.S. President Donald Trump’s proposed tariffs on imported steel and aluminium.Against the yen - traditionally seen as a safe haven - the dollar edged down 0.2 percent to slip below 106 yen, not far from the 16-month low the g...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.After...Read More
During calendar year 2017, the Cboe Volatility Index (VIX) averaged a daily reading of 11.09 -- considerably lower than its daily average of 14.40 over the period from January 2013 to December 2017. However, through the first two months of 2018, VIX averaged a daily reading of 16.48 -- about 14% above its aforementioned five-year average.The response from options traders to the recent VIX ramp mig...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce is pleased to announce it has appointed Mr. Daniel Gillett and Mr. Steven Goldman to the board of directors.Mr. Gillett joins the board with over 30 years experience serving as a director, investment banker, consultant and senior executive, including serving as chief executive officer and c...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is moving forward with its global employee share plan, which aims at making every staff member an owner of the company.As part of the initiative, launched in 2016, the Canadian miner's employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares, it said Tuesday."Just like...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is moving forward with its global employee share plan, which aims at making every staff member an owner of the company.As part of the initiative, launched in 2016, the Canadian miner's employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares, it said Tuesday."Just like...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is moving forward with its global employee share plan, which aims at making every staff member an owner of the company.As part of the initiative, launched in 2016, the Canadian miner's employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares, it said Tuesday."Just like...Read More
6 March 2018 - De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the second sales cycle of 2018.Bruce Cleaver, CEO, De Beers Group, said: "The second sales cycle of the year saw the continuation of good rough diamond demand. This was in line with expectations, following strong retail sales of diamond jewellery during the US holiday se...Read More
Report outlines lucrative rise of nefarious cryptomining groups and their complex new business models.Read full newsRead More
Until Graduate came along, college towns were the hottest market hoteliers never bothered to notice.Read full newsRead More
TORONTO, March 5, 2018 /CNW/ - Anaconda Mining Inc. ('Anaconda' or the 'Company') - (TSX:ANX) is pleased to announce that it will be participating in the PD...Read full newsRead More
(In this March 3 story, corrects headline, first and fifth paragraphs to remove timeframe for rise to record production; removes $ reference in second paragraph and corrects third paragraph to show ramp up at existing, not new, mines.)Read full newsRead More
The company behind the successful Roomba vacuum-cleaner robots could deliver huge returns if it maintains a forefront position in its industry.Read full newsRead More
VANCOUVER - Trifecta Gold Ltd. signed a letter of intent to option the Yuge Property, a high-grade gold prospect in northern Nevada, from Silver Range Resources Ltd., the company announcedRead full newsRead More