Fred Imbert| @foimbert Published 16 Hours AgoUpdated5 Hours AgoCNBC.com show chapters Stocks pare losses on Trump's optimism for trade deal with China 6 Hours Ago |01:45 Stocks traded in a wide range on Friday as investors digested different comments and reports on global trade, while Apple shares dented the broader tech sector.The Dow Jones Industrial Average closed 109.9...Read More
Iamgold Corp. (TSX: IMG; NYSE: IAG) says a feasibility study for a joint venture withSumitomo Metal Mining Co., Ltd., for the C??t?(C) Gold project in northern Ontario,points to “an economically viable, long-life project that is expected to be alow-cost producing mine.” Compared to the prefeasibility study, proven andprobable reserves increased by 1.4 million ounces to 7.3 million. Mea...Read More
"@TraderPamplona They have some big advantages most didn't realize yet. Nemaska will be a vertical integrated special chemical company, focused on valuable b-g Li hydroxide in prime location. High Q partners and OT with LG Ch, NorthV, FMC, JohnsonM. $NMX.TO"Read full newsRead More
Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More
After Wednesday's ugly trade, gold spiked on Thursday, testing the $1,240 level once again. Although gold broke down through $1,220, trading as low as $1,215, it immediately bounced back to the $1,240 resistance level. Gold looks poised to make a big up move and push through $1,240 resistance sooner rather than later. Gold's rally may have been sparked by the weaker dollar; however, gold has been...Read More
After Wednesday's ugly trade,gold spiked on Thursday, testing the $1,240 level once again. Although goldbroke down through $1,220, trading as low as $1,215, it immediately bouncedback to the $1,240 resistance level.Gold looks poised to make a bigup move and push through $1,240 resistance sooner rather than later. Gold'srally may have been sparked by the weaker dollar; however, gold has beengaining...Read More
"@TraderPamplona Add $AAL to that list as well. There should be taken out by $ORL / $LAC in the long run. $ORL already controls 25% plus JV, key project is just 50 miles south of Olaroz."Read full newsRead More
"@TraderPamplona M&A should be also coming to the USA. $SLL.V in Arkansas is being closely watched by spec. chemical giant LANXESS (already partn.)and next to $ALB as well. Prime target imho.$PLLL in NC might be interesting for $ALB re location."Read full newsRead More
"@TraderPamplona More consolidation coming here for sure. In the long term I see Pastos Grandes from $ML / $LSC be consolidated and taken out, as well as $NLC. They all are already in discussions."Read full newsRead More
• Easing USD bearish pressure/risk-on mood fails to provide fresh impetus. • The latest US monthly jobs report might help determine the near-term trajectory. Gold held steady through the early European session on Friday and was seen consolidating overnight strong upsurge to fresh weekly tops. After falling for three days in a row, the precious m...Read More
Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More
Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More
Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More
The US Supreme Court will hear on Monday why a group of Virginia miners believe states should not have the right to ban uranium mining for public health reasons, part of a long dispute over a moratorium the state put in place on the radioactive metal in 1982.The bid by a Virginia Energy Resources' subsidiary and other owners of the largest US uranium deposit seeks to revive a lawsuit thrown out by...Read More
(For a live blog on European stocks, type LIVE/ in an Eikonnews window) * FTSE 100 on track for best week in nearly 2 years* Burberry, miners boosted by hopes of end to U.S.-China row * JPM China fund up 10 percentBy Josephine MasonLONDON, Nov 2 (Reuters) - UK shares bounced for a fourthsession on Friday as mining and luxury goods stocks led a rallyamid growing optimism about a Brexit deal and hop...Read More
The world's fastest-growing vertically integrated global cannabis company could net investors a huge return in the months to come.The worldwide trend toward marijuana legalization has triggered a wave of growth opportunities for investors around the globe.Beyond the explosive Canadian market - this diversified cannabis operator maintains production, processing, and distribution facilities worldwid...Read More
Brazil's Institute of Environment and Water Resources (IBAMA) has issued an environmental license for the Marac??s Menchen Mine expansion project, owned by Largo Resources (TSX: LGO).Marac??s Menchen is a 17,690-hectare property located in the eastern Bahia State of Brazil, roughly 250 kilometres southwest of the state capital, Salvador. According to Largo, the mine boasts one of the highest-grade...Read More
(Updates closing price and adds details)SHANGHAI, Nov 2 (Reuters) - China's yuan jumped on Fridayafternoon, finishing domestic trade at its strongest in morethan a month, supported by rising hopes that trade tensionbetween China and the United States will ease.The Chinese currency traded well above a 10-year low hitearlier in the week and also looked set for its biggest weeklygain since late Augus...Read More