Don't miss out on the multi-billion-dollar "Marijuana Buyout Boom."One Fortune 500 company is betting over $4 BILLION on "legal weed."Constellation Brands already owns Corona, Robert Mondavi, Canadian Whiskey, and Svedka.And now they're getting into cannabis.They recently made a HUGE investment in major pot company called Canopy Growth.Why?Because they anticipate massive growth and profits once...Read More
The company is taking another big step toward establishing itself as the American WeChat or Alipay as it seeks to become the dominant player in electronic consumer payments in the US and beyond.Read full newsRead More
WASHINGTON (Reuters) - New orders for key U.S.-made capital goods were unexpectedly unchanged in October and shipments rebounded modestly, which could temper expectations of an acceleration in business spending on equipment early in the fourth quarter.While other data on Wednesday showed home resales rising last month after six straight monthly declines, house purchases remained sharply down this...Read More
BERLIN (Reuters) - Germany’s Volkswagen (VOWG.DE) has struck a deal with U.S. semiconductor maker Broadcom (AVGO.O), ending a billion-dollar patent lawsuit that pitted the carmaker against its supplier, a source close to Volkswagen told Reuters on Wednesday.The companies signed an out-of-court settlement, the source said, adding that a court hearing scheduled for Friday had now been canceled...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain including the northern and western extensions of the...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain including the northern and western extensions of the...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain including the northern and western extensions of the...Read More
Mr. Eric Fier reportsSILVERCREST FILES MINERAL RESOURCE TECHNICAL REPORT ON THE LAS CHISPAS PROPERTYSilvercrest Metals Inc. has filed a technical report titled, "Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico," dated Nov. 19, 2018, with an effective date of Sept. 13, 2018. The Las Chispas report was completed for Silvercrest by N. Eric Fier, CPG...Read More
Mr. Eric Fier reportsSILVERCREST FILES MINERAL RESOURCE TECHNICAL REPORT ON THE LAS CHISPAS PROPERTYSilvercrest Metals Inc. has filed a technical report titled, "Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico," dated Nov. 19, 2018, with an effective date of Sept. 13, 2018. The Las Chispas report was completed for Silvercrest by N. Eric Fier, CPG...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold Corp. (TSX: MOZ) reports.The company completed its 41,000-metre step-out and infill drill program for 2018 at the end of October and assays released today include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold Corp. (TSX: MOZ) reports.The company completed its 41,000-metre step-out and infill drill program for 2018 at the end of October and assays released today include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold Corp. (TSX: MOZ) reports.The company completed its 41,000-metre step-out and infill drill program for 2018 at the end of October and assays released today include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold...Read More
(Kitco News) - Gold andsilver prices aremoderately higher and at two-week highs in early-afternoon U.S. tradingWednesday, supported by a big rebound in crude oil prices and a weaker U.S.dollar index today. December gold futures were last up $6.80 an ounce at $1,228.00.December Comex silver was last up $0.236 at $14.505 an ounce. TheU.S. dollar index trading is weaker but still not far below this...Read More
(Kitco News) - Gold and silver prices are moderately higher and at two-week highs in early-afternoon U.S. trading Wednesday, supported by a big rebound in crude oil prices and a weaker U.S. dollar index today. December gold futures were last up $6.80 an ounce at $1,228.00. December Comex silver was last up $0.236 at $14.505 an ounce. The U.S. dollar index trading is weaker but still not far below...Read More
SANTIAGO (Reuters) - Chile and Brazil signed a free trade agreement on Wednesday that scraps red tape and tariffs between the two South American economies, in a move both governments said would give a boost to regional integration.Brazil President Michel Temer traveled to Santiago to sign the deal with his counterpart, Chilean President Sebastian Pinera. The agreement eliminates tariffs from 17 ke...Read More
NEW YORK (Reuters) - Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its budget.Take, for instance, its overly optimistic assumptions about savings, such as a voluntary pension benefit buyout that retirement systems have yet to actually start.For fiscal 2019, which began July 1, Illinois is counting on an additional $150...Read More
JOHANNESBURG - South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.South Africa's Sibanye has proposed to buy Lonmin for about 285 million pounds ($365 million) to create the world's No. 2 platinum producer in a bid to ride out depressed prices for the metal.(By Tanisha Heiberg;...Read More
Whenever we see markets tanking as they have been for the past few days, we think counterparty risk may be spooking traders and investors...Read full newsRead More
Companies are carrying a $9 trillion debt load, posing a potential threat should rates continue to rise and the economy weaken.Most Wall Street bond experts think the issue is contained for the next 12 to 18 months, though one says the market's "angst" is "not misplaced."A principal worry is over companies teetering between investment grade and junk that could cause market trouble should their sta...Read More
* LME Zinc price, spreads and stocksLONDON - The London zinc market is experiencing unprecedented tightness this week.As of Monday's close, the London Metal Exchange's (LME) benchmark cash-to-three-months spread CMZN0-3 was valued at a backwardation of $97 per tonne.The cash premium is now higher than the last spike in October 2017 with the only historical comparison the years 2006-2007, when LME...Read More