Recent News

Klondex drills 0.4 m of 141.3 g/t AuEq at Hatter Graben

January 18, 2018 / www.stockwatch.com

Mr. Mike Beckstead reportsKLONDEX CONTINUES TO UNLOCK VALUE AT HATTER GRABENKlondex Mines Ltd. has provided the final results from the 2017 surface exploration drill program at the Hatter Graben target near its Hollister mine. Initial results for the first five holes of the drill program were published on Nov. 20, 2017. Hollister is located in northern Nevada in the United States.Hatter Graben sur...Read More

RPT-UPDATE 1-Indonesia c.bank holds rates, to accelerate reserve rules

January 18, 2018 / www.kitco.com

(This is a repeat of an item issued on Thursday)* Benchmark rate kept at 4.25 pct, its level since Sept* Central bank says to speed change in reserve rules By Nilufar Rizki and Maikel JefriandoJAKARTA, Jan 18 (Reuters) - Indonesia's central bank on Thursday kept its key interest rate unchanged, as expected, but pledged to accelerate planned changes of rules on reserve requirements, to give banks...Read More

Consumers will not feel pain from Canada rate hikes - yet

January 18, 2018 / www.kitco.com

By Andrea HopkinsOTTAWA, Jan 18 (Reuters) - It will take longer than expected for Canadian rate hikes to discourage consumer spending or spark deleveraging as most homeowners are sheltered from mortgage renewal risk until 2019 - and cheap loans are still available, economists said on Thursday.The Bank of Canada raised interest rates on Wednesday, taking borrowing costs to their highest level since...Read More

U.S. fund investors pull most cash from 'junk' in 2 months -Lipper

January 18, 2018 / www.kitco.com

NEW YORK, Jan 18 (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph.The withdrawals - from mutual funds and exchange-traded funds during the week ended Wednesday - mark the largest of any week since November, accor...Read More

CANADA STOCKS-TSX slips as energy stocks, miners fall

January 18, 2018 / www.kitco.com

(Adds details, updates prices to close)* TSX ends down 42.23 points, or 0.26 percent, at 16,284.47* Half of the TSX's 10 main groups move lower* Energy stocks down 1.4 pct, materials group off 1.2 pct TORONTO, Jan 18 (Reuters) - Canada's main stock index slipped on Thursday, weighed by gold miners and energy stocks including Husky Energy Inc and Barrick Gold Corp , which were both hit by sanctio...Read More

UPDATE 1-IBM's first revenue rises in nearly 6 years tops estimates

January 18, 2018 / www.kitco.com

(Adds details on results, analysts estimates, stock move)Jan 18 (Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.IBM's shares fell 2.7 percent in extended trading on Thursday. In October, the company had flagged a po...Read More

NZ manufacturing activity grows at slowest rate in 5 years in December -BNZ survey

January 18, 2018 / www.kitco.com

WELLINGTON, Jan 19 (Reuters) - Manufacturing activity in New Zealand grew at its slowest pace in five years in December, a survey showed on Friday.The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index (PMI) fell to 51.2 from 57.7 the previous month.A reading above 50 indicates an expansion in activity, while anything below that threshold indicates a contracti...Read More

Dow Retreats from Record High Amid Shutdown Fears

January 18, 2018 / www.schaeffersresearch.com

After notching a fresh record high out of the gate today, the Dow reversed course -- and was briefly down triple digits -- amid concerns about a possible government shutdown this weekend. Another big loss for General Electric (GE) stock also weighed on the index, overshadowing a solid day for Walmart (WMT) shares. Nevertheless, the Dow managed to maintain a perch atop the 26,000 level. The S&P and...Read More

RT @BBCWorld: Turkey says it's getting ready to launch a massive assault on Kurdish forces in Syria

January 18, 2018 / bbc.in

Turkey says it is readying an assault on a Kurdish-held town in Syria. Here's all you need to know.Read full newsRead More

Australia shares poised to climb; NZ inches up

January 18, 2018 / www.kitco.com

Jan 19 (Reuters) - Australian shares are likely to edge up on Friday, snapping three straight sessions of losses, with material stocks leading the gains on a jump in base metal prices.Copper climbed on Thursday on a strong performance by China's industrial sector, while Chinese iron ore futures rose as firmer steel prices helped the raw material rebound after a five-day slide, with coke prices als...Read More

GLOBAL MARKETS-Stocks pause after rally; U.S. bond yields hit 10-month high

January 18, 2018 / www.kitco.com

* Treasury yields hit highest in 10 months on China data* Wall Street dips as Boeing stalls* Dollar remains soft (Updates with U.S. market close, oil settlement prices)By Chuck MikolajczakNEW YORK, Jan 18 (Reuters) - A gauge of world stock markets slipped on Thursday, pausing after notching a run of record highs, as a decline in Boeing and interest-rate sensitive sectors such as utilities and real...Read More

UPDATE 1-Asia Morning Call-Global Markets

January 18, 2018 / www.kitco.com

Jan 19 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,014.6-1.20 NZX 50**8,272.67 -25.0DJIA**26,017.81-97.84NIKKEI**23,763.37-104.97Nasdaq**7,296.047-2.232FTSE**7,700.96 -24.47S&P 500** 2,798.03 -4.53 Hang Seng** 32,121.94138.53SPI 200 Fut 5,972.020.0STI** 3,521.31 -20.60SSEC**3,475.9148 31.24 KOSPI** 2,515.81 0.38-----------------------------------------------------...Read More

UPDATE 1-Investors scoop up U.S. inflation-protection bonds

January 18, 2018 / www.kitco.com

(Adds background, analyst quote)By Richard LeongNEW YORK, Jan 18 (Reuters) - Investors on Thursday pounced on $13 billion worth of U.S. bonds that offer them protection from faster wage growth and costlier goods and services as their longer-term inflation outlook rose to their highest in almost a year.Overall bidding for these 10-year Treasury Inflation Protected Securities was the strongest at a...Read More

CANADA STOCKS-TSX ends lower as resource stocks weigh

January 18, 2018 / www.kitco.com

TORONTO, Jan 18 (Reuters) - Canada's main stock index finished lower on Thursday, as energy companies and metals miners weighed.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 42.23 points, or 0.26 percent, at 16,284.47. (Reporting by Alastair Sharp; Editing by Alistair Bell) Disclaimer: The views expressed in this article are those of the author and may not refl...Read More

Instem thrilled with award of largest ever service contract

January 18, 2018 / www.proactiveinvestors.co.uk

Phil Reason, chief executive of Instem Plc (LON:INS), tells Proactive's Andrew Scott they've been awarded a new two-year SEND (Standard for the Exchange of Nonclinical Data) outsourced services contract.The contract has been awarded by an unnamed top five global nonclinical contract research organisation (CRO) and is worth in excess of ?1.7mln over an initial two-year period.  Meet Netscient...Read More

U.S. Gold Corp. Announces Dataram Sale Dividend Distribution Date

January 18, 2018 / www.stockwatch.com

-Dividend being paid to legacy shareholdersELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each s...Read More

U.S. Gold Corp. Announces Dataram Sale Dividend Distribution Date

January 18, 2018 / www.stockwatch.com

-Dividend being paid to legacy shareholdersELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each s...Read More

US STOCKS SNAPSHOT-Wall St ends lower as industrial shares weigh

January 18, 2018 / www.kitco.com

NEW YORK, Jan 18 (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks.The Dow Jones Industrial Average fell 97.01 points, or 0.37 percent, to 26,018.64, the S&P 500 lost 4.45 points, or 0.16 percent, to 2,798.11 and the Nasdaq Composite dropped 2.23 points, or 0.03 percent, to 7,296.05. (Reportin...Read More

DIARY - Today in Washington - Jan 19

January 18, 2018 / www.kitco.com

ALL TIMES IN EST/GMT -------------------------------------------------------0830/1330: The USDA releases weekly Export Sales. (Delayed from Thursday due to the Martin Luther King Jr. Day federal holiday on Monday.)------------------------------------------------------- DIARY - Federal Reserve Events U.S. Indicators (Washington economics team) Disclaimer: The views expressed in this article are th...Read More

ImmuPharma confident of topline results from Phase III Lupuzor trial this quarter

January 18, 2018 / www.proactiveinvestors.co.uk

Tim McCarthy, chairman of ImmuPharma PLC (LON:IMM), tells Proactive the last patient has completed dosing within the 52-week, randomised, double-blinded, Phase III clinical trial of Lupuzor?,,?, their lead programme for the potential breakthrough compound for Lupus, the life threatening auto-immune disease.He adds that 200 patients have now been successfully recruited and dosed, with top line resu...Read More

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