Recent News

Yamana Gold sells Gualcamayo to Mineros in $85 million deal

October 26, 2018 / www.mining.com

Mineros S.A. (BVC: MINEROS) has entered into a binding agreement with Yamana Gold (TSE: YRI) to acquire the Gualcamayo gold mine in Argentina, and has an earn-in agreement for the La Pepa gold exploration project in Chile.Gualcamayo is an established producing mine with a long operating history. The mine is on track to achieve Yamana's 2018 gold production guidance of 100,000 ounces.The Gualcamayo...Read More

Yamana Gold sells Gualcamayo to Mineros in $85 million deal

October 26, 2018 / www.mining.com

Mineros S.A. (BVC: MINEROS) has entered into a binding agreement with Yamana Gold (TSE: YRI) to acquire the Gualcamayo gold mine in Argentina, and has an earn-in agreement for the La Pepa gold exploration project in Chile.Gualcamayo is an established producing mine with a long operating history. The mine is on track to achieve Yamana's 2018 gold production guidance of 100,000 ounces.The Gualcamayo...Read More

Yamana Gold sells Gualcamayo to Mineros in $85 million deal

October 26, 2018 / www.mining.com

Mineros S.A. (BVC: MINEROS) has entered into a binding agreement with Yamana Gold (TSE: YRI) to acquire the Gualcamayo gold mine in Argentina, and has an earn-in agreement for the La Pepa gold exploration project in Chile.Gualcamayo is an established producing mine with a long operating history. The mine is on track to achieve Yamana's 2018 gold production guidance of 100,000 ounces.The Gualcamayo...Read More

Canada Revenue Agency appeals Cameco tax ruling

October 26, 2018 / www.mining.com

Late last month the Tax Court of Canada ruled in favour of Cameco Corp. (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of Appea...Read More

Canada Revenue Agency appeals Cameco tax ruling

October 26, 2018 / www.mining.com

Late last month the Tax Court of Canada ruled in favour of Cameco Corp. (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of Appea...Read More

Gold up a fourth week in a row, but ends short of a 3-month high

October 26, 2018 / www.marketwatch.com

Gold futures climbed Friday, finding haven-related support despite some better-than-expected U.S. economic data, as equities saw renewed pressure to end a volatile week. Prices, however, finished a buck short of the roughly three-month high it settled at on Tuesday. December gold GCZ8, +0.24% rose $3.40, or 0.3%, to settle at $1,235.80 an ounce, tacking on 0.6% for the week-its fourth weekly rise...Read More

Gold up a fourth week in a row, but ends short of a 3-month high

October 26, 2018 / www.marketwatch.com

Gold futures climbed Friday, finding haven-related support despite some better-than-expected U.S. economic data, as equities saw renewed pressure to end a volatile week. Prices, however, finished a buck short of the roughly three-month high it settled at on Tuesday. December gold GCZ8, -0.03% rose $3.40, or 0.3%, to settle at $1,235.80 an ounce, tacking on 0.6% for the week-its fourth weekly rise...Read More

Goldcorp CEO: 'Nothing Is Broken' Despite Plunge In Shares

October 26, 2018 / www.kitco.com

(Kitco News) - David Garofalo,president and chief executive officer of Goldcorp Inc. (TSX: G, NYSE: GG), says“nothing is broken” with the company and that third-quarter earnings wereweaker largely because of a decision to move processing of lower-grade oreahead by one quarter at the new Pe??asquito pyrite leach plant.The CEO spoke withKitco News on Friday a day after shares of the comp...Read More

Goldcorp CEO: 'Nothing Is Broken' Despite Plunge In Shares

October 26, 2018 / www.kitco.com

(Kitco News) - David Garofalo, president and chief executive officer of Goldcorp Inc. (TSX: G, NYSE: GG), says “nothing is broken” with the company and that third-quarter earnings were weaker largely because of a decision to move processing of lower-grade ore ahead by one quarter at the new Pe??asquito pyrite leach plant. The CEO spoke with Kitco News on Friday a day after shares of th...Read More

Yanzhou Coal's Australia bet wins over Goldman on price gain

October 26, 2018 / www.mining.com

Yanzhou Coal Mining Co.'s high-profile acquisition of assets in Australia last year is set to pay dividend as resilient coal prices boost its earnings and bode well for its stock that is trading at around record low valuations.Shares of the producer have gained more than 9% in Hong Kong after an endorsement from Goldman Sachs Group Inc., which highlighted gains in coal prices, especially for the p...Read More

Global oil pricing worries hit U.S. energy shares as earnings loom

October 26, 2018 / www.kitco.com

NEW YORK (Reuters) - Worries over global oil pricing and pipeline constraints are hanging over the energy sector as U.S. companies begin to report quarterly results, with many producers’ shares trading lower on the year.Third-quarter profits for oil producers generally should be higher than a year ago, because the average price per barrel was up about 44 percent over the same period last yea...Read More

London forex traders found not guilty in U.S. rigging case

October 26, 2018 / www.kitco.com

NEW YORK (Reuters) - Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark exchange rates, the latest criminal convictions to emerge from a U.S. probe into the multitrillion-dollar foreign exchange market.Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc (BARC.L), Citigroup Inc (C.N) and JPMorgan Ch...Read More

Spain to close most coal mines by end of 2018

October 26, 2018 / www.mining.com

Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see ?,?250 million invested in mining regions over the next ten years, The Guardian reported today.Pedro S??nchez's new administration reportedly moved quickly on environmental policy, killing a controversial solar industry "sunshine tax", and announced a national climate plan wi...Read More

Spain to close most coal mines by end of 2018

October 26, 2018 / www.mining.com

Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see ?,?250 million invested in mining regions over the next ten years, The Guardian reported today.Pedro S??nchez's new administration reportedly moved quickly on environmental policy, killing a controversial solar industry "sunshine tax", and announced a national climate plan wi...Read More

TSEM Calls Hot as Stock Hits New Lows Before Earnings

October 26, 2018 / www.schaeffersresearch.com

The semiconductor name will report earnings on MondayThe shares of Tower Semiconductor Ltd. (NASDAQ:TSEM) are getting hit by broad-market headwinds today, as chip stocks sell off on a rare revenue miss for Western Digital Corp (NASDAQ:WDC). After bottoming at a 22-month low of $17.45 earlier, TSEM stock was last seen down 0.3% at $18.06.Despite this technical weakness, TSEM options traders are tar...Read More

South Africa raises $55 billion so far in investment pledges

October 26, 2018 / www.kitco.com

JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa declared himself in economic “repair mode” at a major investment conference on Friday as the country raised a total of $55 billion from investors to help haul itself out of recession.The former union leader, who inherited a mismanaged economy from the scandal-plagued Jacob Zuma earlier this year, wants $100 billion of new...Read More

Consumer sentiment slips in October reading, remains near historically high levels

October 26, 2018 / www.cnbc.com

Consumer sentiment for October was weaker than anticipated.The index has slumped since March when it reached its highest level since 2004 with a reading of 101.4.Michael Sheetz| @thesheetztweetz Published 11 Hours AgoUpdated10 Hours AgoCNBC.com show chapters Consumer sentiment index at 98.6 in October   10 Hours Ago |00:58 Consumer sentiment for October was weaker than anticipate...Read More

Suspicious package sent to Senator Harris being investigated: CNN

October 26, 2018 / www.kitco.com

WASHINGTON (Reuters) - Authorities in Sacramento, California, are investigating a suspicious package sent to U.S. Senator Kamala Harris, a Democrat who has criticized Republican President Donald Trump, CNN reported on Friday.The report came as law enforcement officials took a suspect into custody in connection with a series of parcel bombs sent to prominent Democrats and other critics of Trump.Rep...Read More

Khiron (@KhironLife) (#TSXV: $KHRN // #OTCQB: $KHRNF) Secures Endorsement from the Leading Palliative Care Associat...

October 26, 2018 / twitter.com

"Khiron (@KhironLife) (#TSXV: $KHRN // #OTCQB: $KHRNF) Secures Endorsement from the Leading Palliative Care Association in Colombia [https://t.co/XxSZJtqDlt]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis"Read full newsRead More

On Monday we tagged 1238-1242 as significant resistance for the week & it has held all week. However, close today...

October 26, 2018 / twitter.com

"On Monday we tagged 1238-1242 as significant resistance for the week & it has held all week. However, close today above 1242 would favor higher towards 1260-1272.ANY CLOSE NEXT WEEK above this weeks high will favor higher into Nov 7th (plus/Minus 72 hrs).@aleksfx"Read full newsRead More

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