Komet Resources Inc. ('Komet' or the 'Company') is pleased to announce that it has closed a second tranche of a non-brokered private placement with accredited investors by issuing 3,364,000 units at a price of CA$0.37 per Unit, for total gross proceeds to Komet of CA$1,244,680.Read full newsRead More

Following the success of the Albion Process at GeoProMining's Ararat Processing Plant in Armenia, GPM have signed a collaboration agreement with Glencore Technology for the marketing of the Albion Process. GPM has successfully used Glencore Technology's atmospheric leaching process to increase overall recovery from sulphide concentrates in their Ararat plant from 20% to over 95%, defying expectat...Read More

Who is '3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64'...?Read full newsRead More

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

U.S. stocks have traded on both sides of the aisle today, but at last check, all three benchmarks were on track for their fifth straight win. FAANG stock Apple Inc. (NASDAQ:AAPL) is higher as well, while mobile marketing specialist Live Ventures Inc (NASDAQ:LIVE) and food stock TreeHouse Foods Inc. (NYSE:THS) are struggling. Here's a closer look at what shares of AAPL, LIVE, and THS are react...Read More

* Cisco shares up after upbeat results and forecast* Apple rises after Berkshire Hathaway boosts stake* Oil falls, dragging energy stocks* Indexes up: Dow 0.99 pct, S&P 1.00 pct, Nasdaq 1.42 pct (Updates prices, adds graphic)By Noel RandewichFeb 15 (Reuters) - Wall Street surged on Thursday and was on track to end higher for a fifth straight session, led by Apple and other technology stocks as...Read More

(Adds comments)By Arwa GaballaCAIRO, Feb 15 (Reuters) - The Egyptian central bank cut its main interest rates by a percentage point each on Thursday, the first time it has lowered them since letting the currency float freely in 2016, as inflation sinks to its lowest levels in at least a year.The bank cut its overnight deposit rate to 17.75 percent from 18.75 percent and its overnight lending rate...Read More

Shares in LiDCO Group plc (LON:LID) fell by 8% to 6.75p after saying it expects to post a loss for the 2017 financial year.The company, which supplies hemodynamic equipment used to monitor the body's blood flow to ensure vital organs are adequately oxygenated, said a ?1.7mln investment in its expansion is likely to lead to an unspecified loss.Total revenue is expected to rise just 1% to ?8.2mln...Read More

(Recasts with comments on cautious policy)By Rod NickelWINNIPEG, Manitoba, Feb 15 (Reuters) - The Bank of Canada's cautious approach to further rate hikes does not mean rates will stay low forever, as policymakers also have to weigh inflationary pressures, Bank of Canada Deputy Governor Lawrence Schembri said on Thursday.Striking a balanced tone in response to audience questions about interest ra...Read More

By Anna IrreraNEW YORK, Feb 15 (Reuters) - The U.S. derivatives regulator warned investors on Thursday about cryptocurrency "pump-and-dump" scams that aim to rip off investors by inflating the price of volatile virtual tokens through spreading bogus information.The Commodities Futures Trading Commission said in a statement that it had received complaints from investors who had lost money...Read More

FRANKFURT, Feb 15 (Reuters) - UK banks wanting to secure a foothold in Germany after Brexit should submit their applications for a banking license by June, Bundesbank director Andreas Dombret said on Thursday.With Britain due to leave the EU in March 2019, banks are set to lose their automatic access to the single market unless a transition period is agreed, which is currently uncertain.Dombret sa...Read More

(Adds 30-year TIPS auction, graphic, analyst comment, updates prices, table)By Gertrude Chavez-DreyfussNEW YORK, Feb 15 (Reuters) - U.S. Treasury yields slipped on Thursday after sizable gains in recent sessions, as investors took a breather from selling bonds and readjusted positions to prepare for more inflation-related volatility, a scenario that could take yields even higher.U.S. benchmark 10-...Read More

Originally on GoldinAmerica.com Gold Comment by George GeroGold traders , investors,understood the INFLATION word and reacted yesterday triggering buy stops.Comments:Recently gold ignored traditional headwinds of higher rates and strong stocks.All this means is we could see higher prices later on after option expiration and back to basics market forces.Open Interest and Option ExpirationOpen In...Read More

S&P 500 index gained 1.3% on Wednesday, following lower opening of the trading session. The market has extended its rally from Friday's low. But will it continue higher today? We can see some short-term overbought conditions. Was this two-week-long sell-off the beginning of a new medium-term downtrend or just downward correction before another leg up? It's hard to say, but this move down set t...Read More

Even amid a broader stock market correction, shares of Skechers USA Inc (NYSE:SKX) topped out at a two-year high of $42.73 on Feb. 9, after the footwear retailer's fourth-quarter earnings and revenue beats were met with a round of price-target hikes. While SKX stock consolidated gains this week, it has pulled back to a trendline that has had bullish implications in the past. With plenty of skeptic...Read More

In light of the holiday-shortened week, things will be relatively slow on the economic front, but Wednesday will feature the release of the Federal Open Market Committee's (FOMC) latest meeting minutes, which traders will parse for rate-hike clues. Earnings reports will continue to trickle in, with blue chips Walmart (WMT) and Home Depot (HD) set to report. Other notable names stepping up to the p...Read More

Gold futures on Thursday ended slightly lower, retreating from the highest finish in nearly three weeks, taking cues from a rally in stocks that hinted that investors were wading deeper into assets perceived as risky after a period of turbulence in equities. April goldGCJ8, +0.01% fell $2.70, or 0.2%, to $1,355.30 an ounce after a settlement at $1,358 Wednesday. The gold-backed exchange-traded fun...Read More

Gold futures on Thursday ended slightly lower, retreating from the highest finish in nearly three weeks, taking cues from a rally in stocks that hinted that investors were wading deeper into assets perceived as risky after a period of turbulence in equities. April goldGCJ8, -0.44% fell $2.70, or 0.2%, to $1,355.30 an ounce after a settlement at $1,358 Wednesday. The gold-backed exchange-traded fun...Read More

(Adds availability of graphics)NEW YORK, Feb 15 (Reuters) - U.S. 30-year mortgage rates climbed to their highest in almost four years in line with U.S. bond yields on worries about rising inflation amid an improving global economy, Freddie Mac said on Thursday.The housing market seems resilient in the face of rising home borrowing costs. Housing demand remains sturdy with rising income, while hom...Read More