Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More
On a flight to Brasilia last year, Jair Bolsonaro's carry-on bag contained little more than two small chunks of metal mined in Brazil: One was graphene, used in solar cells; the other niobium, which strengthens steel.At the time, he said he hoped to display them in a TV interview, evidence of the promise mining holds for Brazil's struggling economy. While some of the former Army captain's ideas ha...Read More
On a flight to Brasilia last year, Jair Bolsonaro's carry-on bag contained little more than two small chunks of metal mined in Brazil: One was graphene, used in solar cells; the other niobium, which strengthens steel.At the time, he said he hoped to display them in a TV interview, evidence of the promise mining holds for Brazil's struggling economy. While some of the former Army captain's ideas ha...Read More
Christopher Lewis20 hours agoSilver markets continue to be very jittery, just as the global markets have been. Looking at this chart, I believe that it’s obvious that there are buyers on dips and that’s exactly what we have seen during early Wednesday trading. The $14.70 level has offered enough support to turn the market right back around and crashing into the $14.80 level. Silver i...Read More
Christopher Lewis20 hours agoGold markets fell initially during the day on Wednesday, finding support just below the $1230 level. Ultimately, this is a market that I think continues to find buyers on these dips as gold is a bit of a safe haven trade as of late. I believe that the market continues to be very skittish about global trade and of course rhetoric coming out of the mouths of politicians,...Read More
(Add quotes and update levels)JOHANNESBURG, Oct 25 (Reuters) - The South African randweakened further on Thursday, as investors were rattled by bleakmedium-term budget forecasts a day earlier and a strongerdollar, which dampened appetite for emerging markets globally.At 1500 GMT, the rand traded at 14.5800 versus thedollar, 0.19 percent weaker on the day after falling by around 2percent on Wednesd...Read More
* Keeps key interest rate on hold at 0.75 pct as expected * No substantial change in outlook * Economist: sees next hike in March 2019(Adds economist, detail)By Camilla KnudsenOSLO, Oct 25 (Reuters) - Norway's central bank kept interestrates on hold at 0.75 percent on Thursday, as expected, andrepeated an outlook for gradual hikes from the first quarternext year amid faster economic growth and hig...Read More
Newmont Mining, (NYSE:NEM), the world's second largest gold miner by output, reported Thursday lower third-quarter profit and revenue as a result of weak prices for the precious metal and copper in the period.The Greenwood Village, Colorado-based company logged an adjusted profit of $175 million, or 33 cents per share, for the three months leading to September, compared with a profit of $184 mi...Read More
Newmont Mining, (NYSE:NEM), the world's second largest gold miner by output, reported Thursday lower third-quarter profit and revenue as a result of weak prices for the precious metal and copper in the period.The Greenwood Village, Colorado-based company logged an adjusted profit of $175 million, or 33 cents per share, for the three months leading to September, compared with a profit of $184 mi...Read More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
* Container & bulk rates are falling:* Container market dragged down by U.S./China trade war * Emerging market woes weigh on dry bulk rates By Henning GloysteinSINGAPORE, Oct 25 (Reuters) - The cost of hiring containerships has plunged 24 percent from a multi-year peak while rawmaterial vessel rates have slumped 10 percent from a five-yearhigh, adding to signs of slowing global trade with dang...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into a binding letter of intent dated October 24, 2018 with Genetic Properties Inc. ("GPI") and its shareholders, pursuant to which Quadron will acquire up to a one-third equity interest in GPI (the "LOI").GPI, a private company based in Toronto, Ontario, is applying...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") is pleased to announce its latest commercial partnership with Indoor City Farm, Your Local Greens, Inc.Utilizing the latest LED grow light technology from Phillips Horticulture, Your Local Greens plans to become a key player in the post-organic Indoor City Farming space. With only 3% waste, 90% less water...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company sold 80,000 tonse of frac and industrial sands during Q3 2018 which is within the Company's previous guidance (see press release dated September 4, 2018) of between 65,000 to 95,000 tons.Further to this sales update, the Company is providing the below highlights of its cur...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More
YERINGTON, NEVADA - For the townsfolk of Yerington, Nevada Copper's (TSX: NCU; US-OTC: NEVDF) plan to begin production next year at its Pumpkin Hollow copper mine has been 40 years in the making.The waste dumps left by Anaconda Mining Co. after it shut copper operations in 1978 still loom large over this town in Nevada's Mason Valley, not far from Lake Tahoe and the California state line.There hav...Read More
Sean Boyd, Agnico Eagle Mines CEO, accepts The Northern Miner's Mining Person of the Year Award at the 2018 Progressive Mine Forum in Toronto. The event was presented by The Northern Miner and Canadian Mining Journal on Oct. 10, 2018, at the MaRS Discovery District.Read More
Rick Howes, Dundee Precious Metals president and CEO, delivers a keynote speech and takes questions from the audience at the 2018 Progressive Mine Forum in Toronto. The event was presented by The Northern Miner and Canadian Mining Journal on Oct. 10, 2018, at the MaRS Discovery District.Read More