An anonymous director reports ASCOT ANNOUNCES PRIVATE PLACEMENT FINANCINGAscot Resources Ltd. has entered into an agreement with Sprott Capital Partners and Primary Capital Inc., in connection with a marketed private placement to raise gross proceeds of $5,000,440.The offering will consist of 3,356,000 common shares of the company that will qualify as flow-through shares at a price of $1.49 per fl...Read More
BloombergEmployees prepare fabric for clothing at the 9B Apparel manufacturing facility in Los Angeles. The numbers: Chicago PMI slipped in February to a reading of 61.9, a six-month low, from 65.7 in January. 1)#Chicago #Business #Barometer declines 3.8 points to 61.9 in Feb from 65.7 in Jan #chicagopmi pic.twitter.com/rZVJc18YXZ— MNI Indicators (@MNIIndicators) February 28, 2018 What hap...Read More
Valeant Pharmaceuticals Intl Inc (NYSE:VRX) stock has plunged nearly 10% to trade at $16.71, after the Bausch + Lomb parent said revenue fell 10% in the fourth quarter to $2.16 billion -- just below the average analyst estimate. And while the drugmaker's adjusted earnings of 98 cents per share were one penny more than the consensus forecast, VRX gave disappointing full-year revenue guidance.VRX st...Read More
JOHANNESBURG, Feb 28 (Reuters) - South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for black ownership levels and other targets in the next three months.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top...Read More
JOHANNESBURG, Feb 28 (Reuters) - South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for black ownership levels and other targets in the next three months.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top...Read More
JOHANNESBURG, Feb 28 (Reuters) - South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for black ownership levels and other targets in the next three months.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top...Read More
E-commerce powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is adding yet another company to its list of billion-dollar buyouts. Late Tuesday, news broke that AMZN bought Ring, a smart doorbell maker, for upwards of $1 billion. Although Amazon did not disclose the terms of the deal, it's expected to eclipse the $1.2 billion cost of Zappos to become the retailer's second-biggest acquisition after last yea...Read More
Mr. Stephen Nano reports MIRASOL ANNOUNCES ASSAY RESULTS FROM THE PHASE I DRILLING CAMPAIGN AT THE LA CURVA OCEANAGOLD JV, SANTA CRUZ, ARGENTINAMirasol Resources Ltd. has released results from an 18-hole, 2,550-metre, phase I diamond core drilling program from the La Castora trend at the La Curva OceanaGold joint venture in Santa Cruz, Argentina. Figures associated with this news release are avail...Read More
Mr. Stephen Nano reports MIRASOL ANNOUNCES ASSAY RESULTS FROM THE PHASE I DRILLING CAMPAIGN AT THE LA CURVA OCEANAGOLD JV, SANTA CRUZ, ARGENTINAMirasol Resources Ltd. has released results from an 18-hole, 2,550-metre, phase I diamond core drilling program from the La Castora trend at the La Curva OceanaGold joint venture in Santa Cruz, Argentina. Figures associated with this news release are avail...Read More
U.S. stocks appear ready to move on from the jittery risk-off session created by Fed Chair Jerome Powell's testimony yesterday. Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) futures are all modestly higher, although not high enough to erase theirmonthly losses. This will mark the Dow and S&P 500's first monthly loss since March 2017. Elsewhere, investors a...Read More
Etsy Inc (NASDAQ:ETSY) reported earnings after the close yesterday and results widely topped expectations. The internet marketplace operator's top- and bottom-line figures blew past estimates in the fourth quarter, driven by more than $1 billion in gross merchandise sales (GMS). The full-year sales forecast was also stronger than analysts expected, prompting a few to upwardly revise their outlooks...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.Iamgol...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
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.Gold h...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
Patrick Cullen, chief executive of Connemara Mining PLC (LON:CON), tells Proactive's Andrew Scott they've raised ?900,000 through the issue of 21,686,747 shares at 4.15p, with Metal Tiger PLC (LON:MTR) subscribing for ?200,000.In conjunction with the fundraising, new board member Patrick Cullen becomes full-time chief executive.The new cash will allow Connemara to accelerate operations across it...Read More
This week I'm looking at broker recommendations provided by Zacks Investment Research. For each stock, we know the number of analysts in coverage along with their rating. Ratings can be "strong buy," "buy," "hold," "sell," or "strong sell." We generally look at ratings as a contrarian indicator because analysts generally follow stock prices rather than lead them. Therefore, when a stock is moving...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.For th...Read More