VANCOUVER, British Columbia, Nov 27, 2018 (GLOBE NEWSWIRE via COMTEX) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Lumina Gold Corp. (LUM)LMGDF, -3.45% (the "Company" or "Lumina") is pleased to announce that it has completed its previously announced short form...Read More
Amid heavy tech-sector outflows, FAANG stocks have been racking up ominous-sounding death crossesThere has been much ado about "death crosses" among the talking heads of Wall Street, particularly regarding the so-called "FAANG" stocks. Case in point: A MarketWatch headline on Nov. 20 warned, "Netflix's 'death cross' is the third for FAANG stocks and Nasdaq Composite is next." Against this backdrop...Read More
GM puts and calls were both active yesterdayGeneral Motors (NYSE: GM) stock closed up 4.8% yesterday following the company's announcement it'll be halting production at three North American plants. This was the shares' best session since they rallied more than 9% after earnings late last month, as they push higher from their two-year low of $30.56 on Oct. 24. GM settled Monday's session at $37.65,...Read More
Gold is financial insurance & reasons to hold gold is still strong today.Third leg of gold bull market is coming and it is where we will see the biggest gains.The case for platinum and palladium.Chris Blasi, President at Neptune Global, shares on SBTV about how the secular bull market in gold is still intact. He sees the pull back in prices in recent years as a needed correction before the thi...Read More
(Adds May comments)LONDON, Nov 27 (Reuters) - British Prime Minister TheresaMay rebutted U.S. President Donald Trump's warning about thefuture of anglo-American trade, saying a trade deal was possibleand that work towards it was making good progress.Trump said on Monday the agreement by which the UnitedKingdom will leave the European Union may make trade betweenWashington and London more difficult...Read More
• The precious metal extended overnight rejection slide from one-week-old descending trend-line resistance and dropped to test an important horizontal support near $1220 level. • A follow-through selling below the mentioned support will mark a near-term bearish breakthrough a descending triangular formation on the 1-hourly chart and add to the...Read More
Mr. Ralph Shearing reportsTELSON REACHES AGREEMENT WITH NYRSTAR TO AMEND LOAN AGREEMENTTelson Mining Corp. has reached an agreement to amend the terms of its loan agreement dated June 13, 2018, with Nyrstar Canada (Holdings) Ltd. The amended terms of the loan agreement will help Telson to better manage its cash flows at Campo Morado in a subdued zinc price environment.Effective Nov. 19, 2018, Tels...Read More
Mr. Ralph Shearing reportsTELSON REACHES AGREEMENT WITH NYRSTAR TO AMEND LOAN AGREEMENTTelson Mining Corp. has reached an agreement to amend the terms of its loan agreement dated June 13, 2018, with Nyrstar Canada (Holdings) Ltd. The amended terms of the loan agreement will help Telson to better manage its cash flows at Campo Morado in a subdued zinc price environment.Effective Nov. 19, 2018, Tels...Read More
Mountain Province Diamonds (TSX, NASDAQ: MPVD) issued a statement today saying it expects the Gahcho Ku?(C) mine, its joint venture with De Beers, to produce between 6.6 and 6.9 million carats in 2019, recovered after processing 3.1 to 3.2 million tonnes of ore.This guidance for the new fiscal year estimates that production costs would be up to CAD$120 per tonne of ore processed and of CAD$50 to...Read More
Mountain Province Diamonds (TSX, NASDAQ: MPVD) issued a statement today saying it expects the Gahcho Ku?(C) mine, its joint venture with De Beers, to produce between 6.6 and 6.9 million carats in 2019, recovered after processing 3.1 to 3.2 million tonnes of ore.This guidance for the new fiscal year estimates that production costs would be up to CAD$120 per tonne of ore processed and of CAD$50 to...Read More
Nevada Zinc (TSXV: NZN) announced today that it has started a Preliminary Economic Assessment on its flagship Lone Mountain zinc project.The project is located in Eureka County, east-central Nevada, and it comprises 231 claims covering 1,619 hectares. Nevada Zinc has run some drill programs on the property with results showing numerous broad intersections of medium to high-grade non-sulphide zinc...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
BHP, (ASX, LON, NYSE: BHP) the world's number one miner, today made an exceptionally rare public disclosure of drilling results from a very early-stage exploration program in South Australia, which is already being called by some experts "the thickest high-grade copper intersection seen in years."The mining giant identified an iron oxide, copper, gold (IOCG) mineralized system located 65 km south...Read More
Published 21 Hours AgoUpdated4 Hours AgoReuters Umit Bektas | ReutersGold fell to its lowest in more than a week on Tuesday as the dollar rallied after comments from U.S. Federal Reserve Vice Chair Richard Clarida bolstered expectations that the central bank would continue hiking interest rates.Spot gold fell 0.66 percent to $1,21418 per ounce, after touching its lowest since Nov. 16 at $1,213.94...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that one of the largest herb growers in the Midwest U.S., Mariposa Farms, has made the switch away from petroleum-based PET packaging to good natured (R) plant-based materials.With a presence across 15 states supplying retailers such as Walmart, Hy-Vee, and Price Chopper as well as...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average posted solid gains on Monday after sliding 4.4% during Thanksgiving week. Cyber Monday is expected to bring in $7.8 billion in sales, according to Adobe Analytics.General Motors Co. (GM) rose 5% after the automaker announced a restructuring that will include plant closures and job...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Monday November 26, with downside pressure emerging amid broad strength in the US dollar index and continued global trade tensions.The three-month zinc price fell by 1.2% over the day to show the biggest losses over the afternoon, while volumes traded on the exchange were high at 12,375 lots by the close o...Read More
Copper prices on New York's Comex were little changed in morning trading on Monday November 26 amid scant trading activity and few market drivers being apparent ahead of a major trade meeting.The copper price for December settlement on the Comex division of the New York Mercantile Exchange in the United States fell by 0.30 cents to $2.7635 per lb.Later this week, US President Donald Trump and Chin...Read More
Global aluminium billet premiums have been mostly stable over the past month although the Italian billet premium range widened, reflecting offers there for material with many different origins.Italian premium widens; Europe liquidity remains high The premium for 6063 series extrusion billet in northern Italy on a delivered duty-paid basis with 60-day payment terms widened to $510-550 per tonne on...Read More
The global market for electric vehicle batteries in 2025 could be 10 times bigger than in 2018, according to a report by Swiss investment bank UBS published last week.This should help to increase lithium demand by as much as four times, to drive a 41% increase in nickel consumption, and to more than double the use of cobalt over the same period, the report added.These three metals are the ones mos...Read More