Mr. Josh Crumb reportsGOLDMONEY INC. ANNOUNCES NORMAL COURSE ISSUER BIDThe Toronto Stock Exchange has accepted Goldmoney Inc.'s notice of intention to make a normal course issuer bid to purchase for cancellation three million common shares of Goldmoney, representing 3.9 per cent of the issued and outstanding common shares as at March 2, 2018.As of March 2, 2018, Goldmoney had 76,779,427 common sha...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
Mr. Eric Edwards reportsTRIMETALS MINING INC. CLOSES FINAL TRANCHE OF ITS NON-BROKERED PRIVATE PLACEMENT, RAISING AN AGGREGATE OF $1,654,250 Trimetals Mining Inc. closed on March 2, 2018, the second and final tranche of its non-brokered private placement, raising gross proceeds of $442,500 from the sale of 2.95 million units priced at 15 cents per unit.In aggregate, the company sold 11,028,333 uni...Read More
Mr. Eric Edwards reportsTRIMETALS MINING INC. CLOSES FINAL TRANCHE OF ITS NON-BROKERED PRIVATE PLACEMENT, RAISING AN AGGREGATE OF $1,654,250 Trimetals Mining Inc. closed on March 2, 2018, the second and final tranche of its non-brokered private placement, raising gross proceeds of $442,500 from the sale of 2.95 million units priced at 15 cents per unit.In aggregate, the company sold 11,028,333 uni...Read More
BERLIN (Reuters) - Chancellor Angela Merkel said on Monday she would work with France to tackle pressing issues such as trade policy, the war in Syria and competition with China after the Social Democrats (SPD) approved joining a coalition with her conservatives.Merkel welcomed the vote by a clear majority of SPD members that ended more than five months of political deadlock after an inconclusive...Read More
(Kitco News)- Gold prices were largely unchanged following strong-than-expectedmomentum in the U.S. service sector, according to the latest data from theInstitute of Supply Management (ISM).Monday, the ISM said its Non-manufacturing PurchasingManagers Index showed a reading of 59.5% in February, down only slightly fromJanuary's reading of 59.9%. The drop was above expectations as consensusforecast...Read More
Kroger Co (NYSE:KR) stock isup 1.1% to trade at $27.66, after receiving a price-target hike from Deutsche Bank to $28 from $26. The upbeat analyst attention comes ahead of the company's fourth-quarter earnings report, due before the open on Thursday. After surging from an Oct. 2 three-year low of $19.70 to a Jan. 30 annual high of $31.45, Kroger stock pulled back along with the broader stock mar...Read More
LONDON (Reuters) - U.S. shale oil output is set to surge over the next five years stealing market share from OPEC producers and moving the United States, once the world’s top oil importer, closer to self sufficiency, the International Energy Agency said on Monday.A landmark deal in 2017 between OPEC and rivals including Russia to curb output to reduce global oversupply materially improved th...Read More
Shares of Clearside Biomedical Inc (NASDAQ:CLSD) are trading up 64.3% at $12.85 -- fresh off a 15-month high of $13.25, and on track for their biggest one-day gain ever. The drugmaker released positive topline data for its treatment on patients with macular edema associated with non-infectious uveitis, which is a build-up of fluid in the eye that negatively impacts vision.Heading into today's trad...Read More
Monster Beverage Corporation (NASDAQ:MNST) stock suffered a major pullback last week due to the company's poorly received fourth-quarter earnings results. The shares fell from $63.37 at the close on Wednesday to $54.16 by week's end, breaching the 200-day moving average for the first time in almost a year in the process. Deutsche Bank sees the weakness in MNST stock as a buying opportunity, howeve...Read More
LONDON (Reuters) - World shares slipped for the fifth straight day on Monday and emerging markets weakened sharply, hit by the prospect of a global trade war and political instability in Europe after Italy’s inconclusive weekend election.While most markets stabilized after sharp losses early in the day, assets considered low-risk - including gold, the yen and German bonds - remained in deman...Read More
Technology giant Apple Inc. (NASDAQ:AAPL) is making headlines amid reports it's working on a high-end version of noise-canceling, over-the-ear headphones, which could be launched as early as the end of this year. However, shares of the FAANG stock are trading 0.8% lower at $174.80 out of the gate today, as some speculators worry the headphones will cannibalize Apple's Beats by Dre line. Looking br...Read More
Mr. Christian Milau reportsEQUINOX GOLD AWARDS AURIZONA MINING CONTRACT TO U&M MINERACAO E CONSTRUCAO S/AA AND PROVIDES CONSTRUCTION UPDATE Equinox Gold Corp. has awarded the mining contract for its Aurizona gold mine in Brazil to U&M Mineracao e Construcao S/A. U&M is a Brazilian company with more than 40 years of mining contract experience offering earthworks, implementation, and ope...Read More
Mr. Christian Milau reportsEQUINOX GOLD AWARDS AURIZONA MINING CONTRACT TO U&M MINERACAO E CONSTRUCAO S/AA AND PROVIDES CONSTRUCTION UPDATE Equinox Gold Corp. has awarded the mining contract for its Aurizona gold mine in Brazil to U&M Mineracao e Construcao S/A. U&M is a Brazilian company with more than 40 years of mining contract experience offering earthworks, implementation, and ope...Read More
(Kitco News)- Australiangold production hit its highest level in almost two decades and new golddiscoveries and higher prices should help the nation maintain its position asthe second largest gold producer in the world, according to mining consultingfirm Surbiton Associates Pty Ltd.In a reportSunday, the firm said that Australian gold production rose to 301 tonnes in2017, its highest level since 1...Read More
ROME (Reuters) - Two anti-establishment leaders made early plays to govern Italy on Monday, sending ripples across the euro zone after voters relegated mainstream parties to the sidelines in delivering a hung parliament.With the bloc’s third-largest economy seemingly facing prolonged political instability, the anti-immigrant League claimed the right to rule after its centre-right alliance wo...Read More
MEXICO CITY (Reuters) - Ministers from the United States, Canada and Mexico meet on Monday to wrap up the latest round of NAFTA talks under the shadow of U.S. President Donald Trump’s proposed steep tariffs on steel and aluminum imports.Trump is expected to finalize the tariffs - 25 percent on steel and 10 percent on aluminum - later in the week, posing a tough challenge for U.S. Trade Repre...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
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
(Reuters) - Wall Street looked set to open lower on Monday as investors remained concerned about the increasing likelihood of a global trade war following President Donald Trump’s threat to impose hefty tariffs.Trump on Monday appeared to suggest that Canada and Mexico could win exemptions to the planned sweeping tariffs on steel and aluminum if the two countries sign a new NAFTA trade deal...Read More