By Reuters LONDON, May 25 (Reuters) – Gold miner Centamin has made a drastic cut to its full-year production guidance and raised its cost expectations because of lower grade ore at its Sukari mine in Egypt. Gold output in 2018 will now be between 505,000 and 515,000 ounces, compared with a previous forecast of 580,000 […]
Gold miner Centamin cuts output targets on lower grade ore Read More »
By Adam Hamilton – Zeal Intelligence The junior gold miners have largely been shunned over the past year or so, condemned to listlessly drift near lows. Their stock prices have suffered serious collateral damage from stubbornly-bearish gold sentiment. But they are faring much better under the hood than their battered visages suggest, with their latest
Gold juniors’ Q1’18 fundamentals Read More »
As we head toward the weekend, oil prices have turned sharply negative after starting the week on the front foot. Barring an unexpected rally later on today, oil prices are set to end a six-week winning streak. This would halt a rally that began a few months ago when oil prices found support after signs
Crude drops as Saudi suggests OPEC oil supply set to rise Read More »
Yesterday’s roller coaster ride in the S&P 500 ended very favorably for the bull camp. What began as a solid open at 2730 quickly became a retest to Wednesday’s session low of 2704.50 after the White House announced the cancellation of the North Korea Summit. For us, the key to being a buyer on that
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Thursday, May 24, 2018. …read more From:: Resource Investor
Daily Price Action: E-mini S&P 500 Read More »
By Reuters GOMA, Congo (Reuters) – A Mai Mai militia attacked Banro Corp’s east Congo Namoya gold mine with rifle and artillery fire on Thursday, a Banro geologist at the mine said, killing five people and wounding several others in the second attack on the mine in less than a year. “The rebels tried to
Militia kills five in attack on Banro Corp’s east Congo gold mine Read More »
By Scott Tibballs Evrim Resources (TSXV:EVM)has announced that a drilling program has commenced at the Axe porphyry copper-gold project in southern British Columbia. In the press release the company said that it and its exploration partner, Antofagasta (LSE:ANTO), have planned to drill 3,000 metres using a combination of diamond and reverse circulation drill rigs. As
Yesterday’s FOMC Minutes brought exactly the lightbulb moment we not only expected but discussed at length since their meeting earlier this month. The only problem, how poor Eurozone growth and sentiment data has been. Even though the Federal Reserve has telegraphed that they are willing to let inflation run past their 2% target without forcing
Daily forex rundown: Euro, yen, Aussie & CAD Read More »
Crude oil prices are under pressures as the Organization of the Petroleum Exporting Countries (OPEC) and NON-OPEC start laying the groundwork for a production increase and traders take profits ahead of the long holiday weekend. …read more From:: Resource Investor
Memorial Day meltdown Read More »
Financial Technology (Fintech) refers to the technologies used and applied in the financial services sector. During the last decade, due to technological innovations, fintech firms are disrupting traditional financial services sectors in retail banking, investment, mobile payments, loans, fund-raising and asset management. Fintech is also changing customer behavior and expectations as they are now able
Trading Fintech Stocks Read More »
