The latest news and price moves to start the Asian day on Wednesday January 24.The three-month copper contract on the London Metal Exchange plummeted by more than 2% at the close on Tuesday January 23 after on-warrant stocks hit their highest level since October 20, 2017. Read more in our live futures report.Here are how prices looked at the end of the day on Tuesday.A series of put...Read More
A big swing state is gearing up for legalized pot sales in the next couple of months.It could quickly become one of the biggest markets for marijuana nationwide.But first let's take a look at the cannabis cash cow up north.Canadian Pot Stocks on Major RipEveryone’s gearing up for July 2018 in Canada.That's when the Canadian government expects to have legislation in place fully legalizing rec...Read More
More all-time highs are in the books for the major averages as a temporary fix to the government shutdown come through and earnings season starts off hot...But the real action is in happening in biotech stocks. A couple of big buyouts paved the way for some impressive biotech gains to kick off the new trading week.First up, Celgene Corp. (NADSAQ:CELG) plunked down $9 billion to acquire Juno Therap...Read More
Christopher Higgins, associate professor of civil and environment engineering at Colorado School of Mines, was recently featured in a Grand Rapids Press/MLive.com article about a Michigan town whose drinking water may have been contaminated with poly- and perfluoroalkyl substances (PFAS). Higgins co-authored a 2014 study on the ability of conventional water treatment plants to filter out PFAS,...Read More
Exchange-traded funds backed by bullion reach 2,250 tonsGold extends gains after posting the best year since 2010Gold Soars as Crypto Currencies PlungeInvestors are piling into exchange-traded funds backed by gold, pushing assets to the highest in more than four years.Holdings climbed to 2,250 tons on Monday, the highest since May 2013, according to data compiled by Bloomberg. The rise in ETFs com...Read More
There appears to an inverse relationship between Bitcoin and gold: one moves up, the other moves down; one moves down, the other moves up.Based on Elliott Wave analysis, Bitcoin appears to have made a new low and is poised for a move up in the coming week.The Bitcoin Investment Trust is a margin-free instrument that is traded on the OTC and allows traders with a set strategy to take advantage of B...Read More
Tech may prevent spread of conflict minerals, money launderingBullion joins commodities from oil to tomatoes in ledger pushGold Soars as Crypto Currencies PlungeGold is going digital.Blockchain technology may help keep track of the roughly $200 billion of the precious metal dug from remote mines, traded by middlemen and melted down by recyclers that’s sold each year to buyers scattered arou...Read More
Investing.com - Gold prices edged higher on Tuesday, supported by a weaker U.S. dollar languishing near three-year lows after U.S. lawmakers reached a deal to end a government shutdown.Comex gold futures were at $1,336.10 a troy ounce by 3:15AM ET (0815GMT), up around $4.00, or 0.3%, from the last session's closing price.Meanwhile, silver futures tacked on 5.0 cents, or 0.3%, to $17.04 a troy ounc...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe B.C. Securities Commission has issued a warning about Volkmar Guido Hable, a former resident of Whistler who was fined and banned for a 2013 manipulation. The BCSC says that Mr. Hable has changed his name and has a new business called DeMedici Cap...Read More
The latest news and price moves to start the Asian day on Wednesday January 24.The three-month copper contract on the London Metal Exchange plummeted by more than 2% at the close on Tuesday January 23 after on-warrant stocks hit their highest level since October 20, 2017. Read more in our live futures report.Here are how prices looked at the end of the day on Tuesday.A series of put...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellIbrahim Almagarby, a Florida man accused by the U.S. Securities and Exchange Commission of improperly selling 7.4 billion shares in a group of companies (including at least four Canadian listings), has asked that a judge dismiss the case. He says that...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for February delivery gained 12 cents to $63.49 on the New York Merc, while Brent for March gained 42 cents to $69.03 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.75...Read More
ASX: XAMwww.xanadumines.com Mr. Andrew Stewart reports:West Perth, WA / January 24, 2018 / JMN Wire / Xanadu Mines Ltd (ASX: XAM) ("Xanadu" or "Company") is pleased to provide an update on exploration activities currently being undertaken at its flagship Kharmagtai copper and gold project located in the South Gobi region of Mongolia (Figures 1 and 2). The accelerated exploration programme continue...Read More
ASX: PLLwww.piedmontlithium.com Mr. Keith Phillips reports:West Perth, WA / January 24, 2018 / JMN Wire / Piedmont Lithium Limited (ASX: PLL) ("Piedmont" or "Company") is pleased to announce the appointment of Primero Group and CSA Global to commence and manage a Scoping Study ("Scoping Study") on the Company's Piedmont Lithium Project ("Project"), located within the world-class Carolina Tin-Spodu...Read More
https://sg.finance.yahoo.com/Commerce Secretary Wilbur Ross has recommended to President Donald Trump a wide range of options to deal with aluminum and steel dumping in the U.S., including potentially higher tariffs, sources told CNBC.The options also include specifically targeting “bad actors” in other countries that are active in imports of the metals. Trump and his administration an...Read More
Rostechnadzor, the Russian regulator, has issued a permit required for start-up operations at unit 4 of the Rostov nuclear power plant, state nuclear corporation Rosatom said yesterday. The unit is currently undergoing tests and a gradual increase in generating capacity, Rosatom said, adding that, based on the test results, a decision would be taken on the date the unit will be connected to the gr...Read More
Russia and Argentina have signed a memorandum of understanding (MoU) on uranium exploration and mining in the South American country. Russian state nuclear corporation Rosatom is also proposing to supply Argentina with a nuclear power plant.The signing of the memorandum (Image: Argentine Ministry of Foreign Affairs)The MoU was signed in Moscow yesterday during the first official visit by Argentine...Read More
Lithium fans, take note. The metal's crown as the leading raw material in batteries for electric vehicles (EVs) is facing increasing competition from other products such as cobalt and nickel. Lithium has hogged the top spot in EV batteries for some time, largely due to its early adoption in technology developed by Tesla. For more than a decade, the US-based company has been using lithium-ion batte...Read More
Base metals prices on the London Metal Exchange put in a strong performance on the afternoon of Wednesday January 24, supported by the weaker dollar, to close in positive territory across the board.The three-month nickel price ended more than 5% higher than Tuesday's closing price after hitting its highest since June 2015. Volumes were also high today, with more than 18,000 lots traded by 17:15 Lo...Read More
Copper premiums in the United States and Europe were little changed on Tuesday January 23, although US participants are gaining more confidence as the year progresses, while in China premiums once again saw downward pressure on sluggish demand. US participants growing more optimistic due to construction figures and freight costs Chinese premiums falling due to softening demand European...Read More