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Gold hits six-month peak on global economy worries, U.S. government...

December 26, 2018 / reut.rs

Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More

Gold hits six-month peak on global economy worries, U.S. government...

December 26, 2018 / reut.rs

Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More

Dow Racks Up Biggest Gain Ever in Post-Christmas Comeback

December 26, 2018 / www.schaeffersresearch.com

Stocks turned in their biggest one-day percentage gains since March 2009Fresh off a historically awful Christmas Eve, stocks bounced back in a big way today. The Dow traded on both sides of breakeven early in the session, only to stabilize around midday and ultimately rally over 1,000 points -- its biggest point gain ever -- to snap a four-day losing streak. Investors were encouraged today after K...Read More

North Bud Farms Announces Licensing of Cannabinoid Infusion Technology for Food and Beverage Platform --...

December 26, 2018 / twitter.com

"North Bud Farms Announces Licensing of Cannabinoid Infusion Technology for Food and Beverage Platform -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC -- Read it here: https://t.co/Bs8GehOD3y"Read full newsRead More

Lithium, potash producers lead miners amid stocks surge

December 26, 2018 / www.mining.com

All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More

Lithium, potash producers lead miners amid stocks surge

December 26, 2018 / www.mining.com

All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More

Lithium, potash producers lead miners amid stocks surge

December 26, 2018 / www.mining.com

All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More

Lithium, potash producers lead miners amid stocks surge

December 26, 2018 / www.mining.com

All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More

Lithium, potash producers lead miners amid stocks surge

December 26, 2018 / www.mining.com

All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More

Analyst Calls These 2 Drug Stocks a "Buy"

December 26, 2018 / www.schaeffersresearch.com

The brokerage firm also set lofty price targets on the pairThe shares of Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP) are trading up 5.9% at $5.57, after H.C. Wainwright initiated coverage with a "buy" rating and $24 price target -- a more than 356% premium to Monday's close. The analyst in coverage said positive data from lenabasum trials could drive upside in the shares.Analysts are already...Read More

Tesla Stock Bouncing Again on Model 3 Buzz

December 26, 2018 / www.schaeffersresearch.com

Meanwhile, travel stock NCLH could be headed for lower lowsStocks are rallying today after their Christmas Eve sell-off, with the Dow last seen up almost 600 points. Three stocks in the news today are Elon Musk's Tesla Inc (NASDAQ:TSLA), e-commerce concern JD.com, Inc. (NASDAQ:JD), and leisure name Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Here's what's moving shares of TSLA, JD, and NCLH...Read More

Oversold Republic Services Stock Sends Up Big Buy Signal

December 26, 2018 / www.schaeffersresearch.com

Waste giant RSG looks ready to bounce after sending up a reliable buy signalThe shares of waste collection giant Republic Services, Inc. (NYSE:RSG) built on their years-long uptrend in 2018, rising in early December to a fresh record high of $78.54. However, amid the latest bout of broad-market turmoil, RSG found support earlier this week in the same area it did following October's patch of volati...Read More

Trump's EPA to maintain Obama-era coal plant curbs, with a twist

December 26, 2018 / www.mining.com

The Trump administration is poised to propose maintaining Obama-era restrictions on mercury pollution from power plants, responding to opposition from electric utilities that have already spent billions of dollars to meet the requirements.At the same time, the Environmental Protection Agency is set to propose changes that may make it harder to toughen mercury emissions standards in the future by d...Read More

Gold trims gain as stock market posts sharp rebound

December 26, 2018 / www.marketwatch.com

Gold futures clung to gains Wednesday to end at a six-month high, continuing to find a modicum of haven-related support as the U.S. stock market roared back from a Christmas Eve selloff amid what remains an ugly December for equity markets. Gold for February delivery GCG9, -0.22% on Comex rose $1.20, or 0.1%, to end at $1,273 an ounce, the highest close for a most-active contract since June 20, a...Read More

Rusal board chairman quits as part of U.S. sanctions waiver deal

December 26, 2018 / www.mining.com

Russian aluminium company Rusal said on Wednesday that board chairman Matthias Warnig resigned as part of a restructuring it agreed to implement in exchange for a waiver from U.S. sanctions.The U.S. Treasury said last week it would remove sanctions against Rusal, its parent En+ and power firm EuroSibEnergo if they restructured to reduce the controlling stakes of businessman Oleg Deripaska, who is...Read More

Dalian coke futures end at 3-week low on demand concerns

December 26, 2018 / www.mining.com

MANILA- Dalian coke futures fell on Wednesday for a third session amid concerns over weak demand for the steelmaking raw material, with Beijing vowing not to relax its anti-pollution campaign that has forced steel mills to reduce output or even halt operations.Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up, with mills expected to replenish stocks ah...Read More

Russia's Nornickel terminates agreement with Botswana's BCL on asset sale

December 26, 2018 / www.mining.com

Nickel and palladium producer Norilsk Nickel (Nornickel) has terminated an agreement to sell its African assets to Botswana's state-run BCL Group, the Russian company said in a statement.BCL was expected to buy a 50% stake in Nkomati Nickel mine from Nornickel but it pulled out of the 3 billion pula ($281 million) deal about two years ago due to a lack of funds, prompting the Russian firm to file...Read More

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

December 26, 2018 / www.mining.com

A global nickel market deficit will nearly halve to 49,000 tonnes in 2019 from 93,000 tonnes this year on higher output of primary metals by global suppliers and of lower-grade nickel pig iron (NPI) in Indonesia, Sumitomo Metal Mining said on Tuesday.Sumitomo Metal, Japan's biggest nickel smelter, said global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 milli...Read More

China's Zhejiang Huayou to invest $147m in copper project in DRC

December 26, 2018 / www.mining.com

China's Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), as it extends the exploration of its mining assets in the country, the company said in a filing to the Shanghai stock exchange on Tuesday.The project will be located in the Lukuni region in the south of DRC, and will have annual electro-deposited copper production capacity...Read More

China's Zhejiang Huayou to invest $147m in copper project in DRC

December 26, 2018 / www.mining.com

China's Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), as it extends the exploration of its mining assets in the country, the company said in a filing to the Shanghai stock exchange on Tuesday.The project will be located in the Lukuni region in the south of DRC, and will have annual electro-deposited copper production capacity...Read More

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