Equity markets around much of the globe are slightly soft to stable to start the week. The Nikkei is down 1.3% on speculation that the Bank of Japan could tighten up the timeframe in unwinding its ultra-loose monetary policy at their meeting next week. A stronger Yen has helped play into the weaker dollar and […]
Daily markets morning round-up: E-mini S&P, gold & crude Read More »
By Anwesha Sengupta Generic Gold Corp. (CSE: GGC) (FSE: 1WD) (“Generic Gold”) is pleased to announce that further to its press release of June 11, 2018 announcing a proposed private placement of up to 1,666.666 flow-through units (the “Flow-Through Units”) of Generic Gold, it has completed the first tranche of a private placement (the “Offering”)
Generic Gold Corp. Closes First Tranche of Flow-through Unit Private Placement Read More »
By Bloomberg News (Bloomberg) — South Africa’s gold industry, once the world’s largest, faces an inevitable decline, according to the chairman of the country’s biggest producer of the metal by market value. Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho
AngloGold Says There’s No Escaping Demise of South African Gold Read More »
By U.S. Global Investors Anticipate before you participate in the market. This is a classic piece of advice I like to give investors and have written about extensively in my CEO blog, Frank Talk. Financial markets are influenced by relatively predictable cycles and trading patterns, and by better understanding these we are able to react
Overbought or Oversold? Let These Mathematical Signals Be Your Guide Read More »
Equity markets are trading slightly in the red at the start of the week, a reflection of the slightly risk-averse tone stemming from the prospect of the trade conflict escalating in the coming months. …read more From:: Resource Investor
Markets get busy week off to weaker start Read More »
The U.S. dollar/Canadian dollar (USD/CAD) slumped on Friday following the release of stronger Canadian data, while the U.S. dollar pulled back across the board amid profit-taking and after President Donald Trump had criticised the Federal Reserve’s interest rate rises the day before. Canada’s retail sales rose 2.0% month-over-month in May versus 1.0% expected with core
USD/CAD set for correction? Read More »
By Bloomberg News (Bloomberg) — It’s getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war, and as the White House turns up the heat against Iran. President Donald Trump just fired off a blunt, tweeting a threat to counterpart Hassan Rouhani, and U.S. Secretary
What to watch in commodities: Iran, big oil, miners, gold, crops Read More »
The rhetoric is running high as President Donald Trump continues his hard line on Iran. It seems that Iran’s President Hassan Rouhani took exception to that fact that the Trump Administration wants to reduce Iran’s oil exports to zero. Rouhani said that “America should know that peace with Iran is the mother of all peace,
Crude: Consequences Read More »
By Scott Tibballs Chairman of Pan American Silver (NYSE:PAAN,TSX:PAAN) and Equinox Gold (TSX:EQX,NYSE:EQXGF) Ross Beaty is a man in a hurry. Speaking with the Investing News Network (INN) at the Sprott Natural Resource Symposium in Vancouver last week, Beaty said that he wanted his current project company, Equinox Gold, to be ready for the
VIDEO — Ross Beaty: Preparing Equinox Gold for Next Run Read More »
By Nicole Rashotte Although gold mining was once the largest industry in South Africa, it now faces an inevitable decline as shrinking output shows no sign of stopping, Sipho Pityana, chairperson of AngloGold Ashanti (ASX:AGG,NYSE:AU), revealed on Monday (July 23). Pityana reported that the country’s output will continue to shrink as miners hunt for deeper
AngloGold Claims South African Gold Faces Inevitable Decline Read More »
