Stock Articles

Nissan to oust Ghosn after arrest for alleged financial misconduct

Monday November 19, 2018 14:55 / Kitco News

YOKOHAMA, Japan (Reuters) - Nissan Motor Co (7201.T) Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japanese carmaker from close to bankruptcy.Ghosn is also chairman and chief executive of Nissan’s French partner Renault (RENA.PA) and his departure will raise questi...Read More

Instant View: Wall Street stocks tumble, S&P falls 2 percent

Monday November 19, 2018 14:54 / Kitco News

NEW YORK (Reuters) - U.S. stocks tumbled on Monday, with the S&P 500 and Dow Jones industrial Average shedding about 2 percent and the Nasdaq down more than 3 percent.A slide in Apple’s shares to their lowest since July 6 battered the technology sector on concerns about iPhone demand, with mixed signals over the state of play between the United States and China on their trade dispute add...Read More

U.S. Federal Reserve governor Randal Quarles poised to become FSB chair

Monday November 19, 2018 14:51 / Kitco News

WASHINGTON (Reuters) - Federal Reserve governor Randal Quarles is to become the new head of the Financial Stability Board, the international body that helps monitor and safeguard financial stability globally, two people familiar with the process said.He will replace Mark Carney, the Bank of England governor whose term ends this year. Klaas Knot, president of the Dutch Central Bank, is expected to...Read More

Explainer: Was Trump's appointment of Whitaker lawful?

Monday November 19, 2018 14:49 / Kitco News

(Reuters) - President Donald Trump’s appointment of Matthew Whitaker as acting U.S. attorney general on Nov. 7 drew another legal challenge on Monday, this time by three Democratic senators.Senators Richard Blumenthal, Sheldon Whitehouse and Mazie Hirono sued Whitaker and Trump, asking for a court order stating the appointment violated the U.S. Constitution by denying the Senate its right to...Read More

Great Bear Completes Purchase of 100% Royalty-Free Interest in Dixie Gold Project, Red Lake, Ontario @GreatBearGBR...

Mon Nov 19 14:47:17 2018 / Great Bear Resources

"Great Bear Completes Purchase of 100% Royalty-Free Interest in Dixie Gold Project, Red Lake, Ontario @GreatBearGBR https://t.co/bmeWSNxImD"Read full newsRead More

ATAC grows Osiris zone at Rackla with high grade

Nov. 19, 2018, 2:40 PM / Canadian Mining Journal Staff

YUKON - ATAC Resources of Vancouver continues to drill on that part of the Rackla gold project not optioned to Barrick, and has made high grade gold discovery at surface at the Osiris property.Two rotary air blast (RAB) holes 1,000 metres southwest of the Conrad zone and 800 metres east of the Ibis zone returned 1.5 metres of 3.05 g/t gold and 6.1 metres of 3.39 g/t.Step-out drilling at the Osiris...Read More

ATAC grows Osiris zone at Rackla with high grade

Nov. 19, 2018, 2:40 PM / Canadian Mining Journal Staff

YUKON - ATAC Resources of Vancouver continues to drill on that part of the Rackla gold project not optioned to Barrick, and has made high grade gold discovery at surface at the Osiris property.Two rotary air blast (RAB) holes 1,000 metres southwest of the Conrad zone and 800 metres east of the Ibis zone returned 1.5 metres of 3.05 g/t gold and 6.1 metres of 3.39 g/t.Step-out drilling at the Osiris...Read More

ATAC grows Osiris zone at Rackla with high grade

Nov. 19, 2018, 2:40 PM / Canadian Mining Journal Staff

YUKON - ATAC Resources of Vancouver continues to drill on that part of the Rackla gold project not optioned to Barrick, and has made high grade gold discovery at surface at the Osiris property.Two rotary air blast (RAB) holes 1,000 metres southwest of the Conrad zone and 800 metres east of the Ibis zone returned 1.5 metres of 3.05 g/t gold and 6.1 metres of 3.39 g/t.Step-out drilling at the Osiris...Read More

Golden Predator find new style mineralization at 3 Aces

Nov. 19, 2018, 2:39 PM / Canadian Mining Journal Staff

YUKON - Vancouver-based Golden Predator Mining reports that it has discovered an important new style of disseminated gold mineralization in the Sprogge area of its 3 Aces project. This is a potentially large gold bearing intrusive system not previous known at 3 Aces.A total of 27 shallow diamond drill holes tested six zones within a 1.4 by 1.0 km at Sprogge, and will be followed up next year. The...Read More

Golden Predator find new style mineralization at 3 Aces

Nov. 19, 2018, 2:39 PM / Canadian Mining Journal Staff

YUKON - Vancouver-based Golden Predator Mining reports that it has discovered an important new style of disseminated gold mineralization in the Sprogge area of its 3 Aces project. This is a potentially large gold bearing intrusive system not previous known at 3 Aces.A total of 27 shallow diamond drill holes tested six zones within a 1.4 by 1.0 km at Sprogge, and will be followed up next year. The...Read More

Golden Predator find new style mineralization at 3 Aces

Nov. 19, 2018, 2:39 PM / Canadian Mining Journal Staff

YUKON - Vancouver-based Golden Predator Mining reports that it has discovered an important new style of disseminated gold mineralization in the Sprogge area of its 3 Aces project. This is a potentially large gold bearing intrusive system not previous known at 3 Aces.A total of 27 shallow diamond drill holes tested six zones within a 1.4 by 1.0 km at Sprogge, and will be followed up next year. The...Read More

Facebook Options Bears Pay Up as Technical Woes Continue

Nov 19, 2018 2:38 PM / Karee Venema

The WSJ is the latest media outlet to report on leadership trouble at FBThe shares of Facebook, Inc. (NASDAQ:FB) are down 5.8% today to trade at $131.40, fresh off a 22-month low of $131.27. In addition to a broader FAANG stock sell-off, the social media name could be reacting to another PR disaster, with the Wall Street Journal the latest media outlet to weigh in on CEO Mark Zuckerberg's leadersh...Read More

Stocks Going Sideways - Which Direction is Next?

2018-11-19T14:29:24+00:00 / MarketSlant Editor

Friday's trading session was mixed, as investors continued to hesitate following the recent decline. The S&P 500 index extends its month-long fluctuations along the level of 2,700. Is this some medium-term bottoming pattern?The U.S. stock market indexes were mixed between -0.2% and +0.5% on Friday, extending their short-term fluctuations, as investors continued to hesitate following last week'...Read More

Gold extends winning streak to 4 sessions

Nov 19, 2018 2:29 p.m. / Myra P. Saefong and William Watts

Gold futures settled at a more than one-week high on Monday, with geopolitical uncertainty helping the precious metal tally a fourth straight session gain. "The fact that investors have revisited gold as a major safe haven will keep it to top of mind as the year ends," said Alfonso Esparza, senior market analyst at Oanda. "The U.S. dollar has appreciated against all major pairs year to date but as...Read More

Superior Gold drilling toward Q1 2019 resource update at Plutonic

Nov. 19, 2018, 2:15 PM / Northern Miner Staff

Superior Gold (TSXV: SGI; US-OTC: SUPGF) has announced results for 9,700 metres drilled across 51 holes aimed at expanding the reserves and resources at the Indian zone on its 100% owned Plutonic gold mine in Western Australia.The company currently has three diamond drills operating underground at the project. It has focused two on grade control and infill drilling and the third on resource and r...Read More

Superior Gold drilling toward Q1 2019 resource update at Plutonic

Nov. 19, 2018, 2:15 PM / Northern Miner Staff

Superior Gold (TSXV: SGI; US-OTC: SUPGF) has announced results for 9,700 metres drilled across 51 holes aimed at expanding the reserves and resources at the Indian zone on its 100% owned Plutonic gold mine in Western Australia.The company currently has three diamond drills operating underground at the project. It has focused two on grade control and infill drilling and the third on resource and r...Read More

Superior Gold drilling toward Q1 2019 resource update at Plutonic

Nov. 19, 2018, 2:15 PM / Northern Miner Staff

Superior Gold (TSXV: SGI; US-OTC: SUPGF) has announced results for 9,700 metres drilled across 51 holes aimed at expanding the reserves and resources at the Indian zone on its 100% owned Plutonic gold mine in Western Australia.The company currently has three diamond drills operating underground at the project. It has focused two on grade control and infill drilling and the third on resource and r...Read More

Nordic Gold Finalizes Additional Funding from Pandion to Complete Path to Production and Closes $725,000 Tranche of...

Mon Nov 19 14:11:12 2018 / Staff reporter

"Nordic Gold Finalizes Additional Funding from Pandion to Complete Path to Production and Closes $725,000 Tranche of Units https://t.co/P5XxRgybLp"Read full newsRead More

AAPL Options Traders Target Weeklies During Stock Sell-Off

Nov 19, 2018 2:07 PM / Josh Selway

AAPL stock is on pace for its worst month since the financial crisisAn ongoing decline in the shares of Apple Inc. (NASDAQ:AAPL) has been the biggest story on Wall Street today, as the Dow stock falls on another concerning news story about iPhone production cuts which follows a string of bearish analyst notes. Last seen down 3.9% at $185.97, AAPL is on pace for its lowest close since July, and its...Read More

A key Fed official stays the course on U.S. rate hikes amid growing doubts

Monday November 19, 2018 14:05 / Kitco News

NEW YORK (Reuters) - The Federal Reserve is pushing ahead with gradual rate-hike plans next month as it marches toward a more normal policy stance that would keep the economy expanding, one of its most influential members said on Monday in the face of growing doubts in financial markets.New York Fed President John Williams, a close ally of Fed Chair Jerome Powell and a permanent voter on monetary...Read More

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