Steel stocks are skyrocketing this afternoon, after the Commerce Department recommended the Trump administration impose steep tariffs and quotas on imports of steel and aluminum.Against this backdrop, options volume is skyrocketing on a handful of domestic steel producers, including Steel Dynamics, Inc. (NASDAQ:STLD) and United States Steel Corporation (NYSE:X).STLD Attracts Eleventh-Hour Option B...Read More

Mining Capital's Alastair Ford discusses the appointment of former prominent South African mining figure Cyril Ramaphosa as the country's new president.Ford says it's important for the country to know they'll be lead by people who have the economy at the centre of their minds.''Overall the global investment community seems to like this appointment'', he adds.  Meet Medusa Mining, Cora Gold, G...Read More

* German 10-year bond yields drops to 0.699 percent* Euro zone bond yields still set to end week higher* U.S. 2-year yields set for biggest weekly rise in almost a year* Euro zone periphery govt bond yields - (Adds in German 10-year Bund yield low)By Dhara Ranasinghe and Fanny PotkinLONDON, Feb 16 (Reuters) - Euro area borrowing costs fell on Friday, with Germany's 10-year yield dropping to a one-...Read More

By Michelle SierraNEW YORK, Feb 16 (LPC) - Broadcom's US$100m loan package backing its proposed US$121bn acquisition of Qualcomm, is set to become the biggest-ever syndicated loan globally if the hostile deal goes ahead.US bankers are eagerly anticipating the mega financing, which breaches psychological barriers as the loan market moves to the next level, as well as potentially setting more record...Read More

Story by Jeff DesjardinsCourtesy of: Visual CapitalistSince the invention of the internal combustion engine, there have been many incredible innovations made in the auto industry.Manufacturers created new body styles and market segments, automatic transmissions and power steering were introduced, and safety features such as airbags made passengers much safer. Computers were even added into cars to...Read More

Diversified miner replaces Canadian civil servant-turned business leader with the sameRead full newsRead More

LONDON, Feb 16 (Reuters) - Gold miner Acacia Mining confirmed on Friday it had begun to value its Tanzanian operations for a potential sale after expressions of interest from Chinese buyers."The Company is engaging with a small number of potential investors, the process remains at a very early stage and there can be no certainty that an agreement will be reached," the London-listed miner...Read More

* Graphic: World FX rates in 2018 * Graphic: Trade-weighted sterling since Brexit vote (Adds details, updates prices)LONDON, Feb 16 (Reuters) - The pound fell on Friday against a stronger dollar but rose versus the euro, with traders watching for any positive signs from a visit to Berlin by Prime Minister Theresa May.May is visiting German leader Angela Merkel, hoping to make progress on overcomin...Read More

* Merkel says Nord Stream 2 no threat to diversification* Says wants Ukraine to still have gas transit traffic* Poland fears increased dependence on Russian gas* Polish PM: Nord Stream 2 menaces Ukraine's existence (Adds quotes from Polish PM)By Joseph Nasr and Noah Barkin BERLIN, Feb 16 (Reuters) - The planned Nord Stream 2 gas pipeline connecting Germany and Russia poses no threat to Europe's en...Read More

* Liberal billionaire strongly backs EU, eurozone* Meeting with ECB's Coeure rattles some lawmakers* Germany opposed to common budget (Adds comment from Soros spokesman)By Francesco CanepaFRANKFURT, Feb 16 (Reuters) - Billionaire investor and activist George Soros has met a European Central Bank director to argue for closer euro zone integration, prompting criticism from some EU lawmakers who fear...Read More

* Jan. homebuilding data jumps to more than 1-year high* Indexes up: Dow 0.36 pct, S&P 0.29 pct, Nasdaq 0.19 pct* S&P, Nasdaq set for best week since December 2011* Healthcare stocks lead gainers on S&P, Dow (Changes comment, adds details, updates prices)By Sruthi ShankarFeb 16 (Reuters) - U.S. stocks rose on Friday, led by gains in technology and healthcare stocks, putting the main in...Read More

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) - Innovation Metals Corp. ("IMC"), a private company specializing in cost-effective processing solutions for critical metals, is pleased to announce the recent award of a research contract from Natural Resources Canada ("NRCan"), for work on the production of rare-earth-element ("REE") oxides and alloys.The contract was awarded as part of NRCan's Rare Earth...Read More

Stocks have been showing wild swings and volatility.Increased volatility is great for precious metals.The real key is preserving the wealth during times of crises.A real gold discovery can take a junior trading for pennies into a major producer.Don't forget forty year cycle for gold rushes we may be on the verge of the next one!Is gold finally about to breakout from a 5 year base and hit new h...Read More

It's another positive trading day, with the Dow Jones Industrial Average (DJI) eyeing a sixth straight win -- its longest daily win streak since early November. In addition to strong Coca-Cola earnings, upbeat economic data is also helping to lift investor sentiment. Namely, housing starts hit their highest point in more than a year, building permits climbed to a 10-year peak, and consumer sentime...Read More

Fast food stock Jack in the Box Inc. (NASDAQ:JACK) is rallying today, after Jana Partners disclosed a 7.3% stake in the company. According to an SEC filing, the hedge fund believes JACK shares are undervalued, and has held discussions with management regarding its capital structure and allocations, margins, operations, and franchise mix. Going forward, Jana may "take other steps to increase shareh...Read More

The S&P 500 Index (SPX) last week suffered its worst week since 2016. However, U.S. stocks have been on a tear since then, with the major market indexes pacing for their sixth straight gain, and the SPX on track for its best week since December 2011, up 4.7% so far. Should these gains hold, it would send up a stock market signal not seen since 2001.S&P Pacing for 10th Signal EverSpecifically, the...Read More

ACCRA, Feb 16 (Reuters) - The Bank of Ghana said the yield on its weekly 91-day bill dipped to 13.34 percent at an auction on Friday from 13.36 percent at the last such sale, on Feb. 9.The bank said it had accepted all 447.14 million cedis ($100 million) worth of bids tendered for the paper, which will be issued on Monday.Ghana's treasury bill yields have stayed around 13 percent since August afte...Read More

(Bloomberg) - Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are increasingly in demand among makers of electric vehicles.The government will invest 10 million kronor ($1.26 million) over the next two years to map the existence of minerals deemed important for future growth. While Sweden has a history of mining for base metals, the Ge...Read More

(Bloomberg) - A deal that kept the peace at Russia's biggest mining company for more than five years is starting to fray, leaving three billionaires fighting over the next move.Attorneys for Oleg Deripaska, Vladimir Potanin and Roman Abramovich faced off in London court on Friday in a conflict triggered by Abramovich's desire to sell his stake in MMC Norilsk Nickel PJSC, which could shift the sha...Read More

(Kitco News) - WallStreet analysts have once again joined Main Street with a bullish short-termoutlook on gold, based on the weekly Kitco News gold survey. Wall Street Bullish Bearish Neutral VSMain Street Bullish Bearish Neutral Twentymarket professionals took part in the Wall Street survey, with twelve, or 60%,calling for gold to rise in the next week. Previously, Wall Stree...Read More