Over 1,000 miners at Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) Beatrix gold mine in South Africa were trapped underground as a result of a storm that knocked out power on Wednesday night.Storm knocked out power on Wednesday night, preventing evening shift workers from exiting the mine.Spokesman James Wellsted told Eye Witness News that sixty-four workers had been rescued overnight, but over 900 oth...Read More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Read full newsRead More
The EPA is considering using robots and other sophisticated technology to help prevent mineRead full newsRead More
Get rich or die trying?EUR?-?EUR?that's a common mantra among entrepreneurs, gangsters and drug dealers.Read full newsRead More
IRVINE, CA, Jan. 31, 2018 (GLOBE NEWSWIRE) - Vita Mobile Systems, Inc. (OTC Pink: VMSI), formerly Gold Mining USA, Inc. (OTC Pink: GMUI) announces the successful completion of its name, symbol, and CUSIP number change. The company is now trading live under Vita Mobile Systems, Inc. with the symbol VMSI. The company has completed a ...Read full newsRead More
Crumbling mine tunnels awash with polluted waters perforate the Colorado mountains, and scientists may one day send robots creeping through the pitch-black passages to study the mysterious currents that sometimes burst to the surface with devastating effects. One such disaster happened at...Read full newsRead More
The leader in online travel agencies should just keep getting bigger.Read full newsRead More
Strong growth catalysts could drive Coeur Mining stock higher this year.Read full newsRead More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
The bond bubble will be the critical one, Greenspan saysNotes that the U.S. is working toward higher interest ratesThe man who made the term “irrational exuberance” famous says investors are at it again.“There are two bubbles: We have a stock market bubble, and we have a bond market bubble,” Alan Greenspan, 91, said Wednesday on Bloomberg Television with Tom Keene and S...Read More
It raises size of 3-, 10- and 30-year debt sales next weekTreasury also plans to lift all other tenors sold over quarterHarvard Professor Martin Feldstein says the projected deficits are "terrible."President Donald Trump’s administration will increase the amount of long-term debt it sells to $66 billion this quarter, marking the first boost in borrowing since 2009 as the Treasury seeks to c...Read More
The gold price has moved ahead this year, despite rising US interest rates and a persistent bull market in equities. Looking ahead, there are several reasons to believe that gold could maintain upward trajectory, as John Reade, Chief Market Strategist at the World Gold Council, explains.Investor attention may have been focused on US equity markets, technology stocks and crypto currencies this year...Read More
Gold is projected to reach $1,460 or potentially more, silver about $20 and platinum at about $1,150 by the end of the year, according to an informal survey conducted between January 16-24, 2018 of some of the country's leading precious metals retail dealers, according to the nonprofit Professional Numismatists Guild (www.PNGdealers.org).Members of the Guild's Accredited Precious Metals Dealer pro...Read More
At the Vancouver Resource Investment Conference, the Investing News Network interviewed Jeffrey Christian, managing director of CPM Group, to talk about what's ahead for 2018 and beyond. Christian expects a modest increase for gold in 2018, with growth relatively flat in the first half of the year. He expects the price to somewhat accelerate in the second half of 2018 and into 2019. Christian is s...Read More
Adds 'further' for emphasis in outlook for gradual hikesInflation 'is expected to move up this year,' FOMC saysThe Fed keeps borrowing rates unchanged. Bloomberg's Chris Condon reports.Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the stage for an increase in March under her...Read More