By Jordan Roy-Byrne CMT, MFTA This 8 page flash update was published and emailed to subscribers early Friday morning. The update covered our immediate outlook for the gold stocks, Novo Resources as well as bond yields and their potential impact on Gold. …read more Source:: The Daily Gold The post Flash Update (10/27) appeared first […]
Flash Update (10/27) Read More »
By analyst By Valentina Ruiz Leotaud In its latest report, BMI Research raised the 2018 aluminium price forecast to $2,000/tonne, from a previous forecast of $1,900/tonne. Increasing demand, particularly from China, explains the shift as it “leads to a deeper-than-previously forecasted market deficit,” says the firm. In the document, BMI goes on to explain that
China’s demand drives long-term gains for aluminium Read More »
By analyst By Valentina Ruiz Leotaud Sirius Minerals PLC (LON:SXX) shares advanced around 5% on Thursday as the company sealed a 7-year commercial deal with Wilmar Group, a Singapore listed agribusiness firm, which will have exclusive rights for the use and resale of POLY4 in Indonesia, Malaysia, Vietnam, Thailand, Philippines and Myanmar. POLY4 is the
Sirius Minerals lands major Asian deal Read More »
By analyst By Valentina Ruiz Leotaud A Mi-8 helicopter operated by Russian coal company Arktikugol crashed on Thursday with eight people on board into the sea off Svalbard. According to the rescue service for northern Norway, the helicopter was en route from the Russian settlement of Pyramiden to Barentsburg, where Arktikugol runs a coal mine
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By analyst By Valentina Ruiz Leotaud In response to European automakers’ push for lithium-ion battery packs, Savannah Resources (AIM:SAV) announced its plans to start mining lithium at its Mina do Barroso in northern Portugal by the end of 2019. Currently, an ongoing Reverse Circulation drill programme is taking place at the site and will help
Savannah Resources enters the lithium race in Europe Read More »
By analyst By Frik Els Vancouver-based Teck Resources, Canada’s largest diversified miner which is close to completing a major oil sands project, reported on Thursday a nearly four-fold increase in quarterly profits. The metallurgical coal business of Teck, also a major copper and zinc producer, accounted for 72% of its gross profits during the first
Why did this slide wipe $1.3B from Teck’s market value? Read More »
By Antonius Aquinas Communism: An Unmitigated Disaster This October marks the centennial anniversary of the Bolshevik takeover of Russia and the establishment of Soviet-style Communism which tragically, for the Russian people, would last for some seventy interminable years. Not only did the Soviet regime liquidate and imprison millions, but its idiotic system of central planning
In Remembrance of the October Revolution Read More »
By Dimitri Speck Japanese Market About to Break Out The Japanese stock market is quite unique: it would need to rally by approximately 80% to reach its former historical peak. What’s more, said peak was attained on the final trading day of 1989, more than 25 years ago. In short, Japanese stocks have been anything
Is a Rapid Advance in the Japanese Stock Market Imminent? Read More »
By Rob Otman Welltower (NYSE: HCN) is a $25 billion company today. Investors that bought shares one year ago are sitting on a -1.87% total return. That’s below the S&P 500’s return of 21.79%. Welltower stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to
Should You Buy Welltower Stock Before Earnings? Read More »
By David Fessler Editor’s Note: Today’s article comes from David Fessler, The Oxford Club’s Energy and Infrastructure Strategist and a contributor to Energy & Resources Digest. If you haven’t already, click here to subscribe automatically – it’s free. It’s no secret that a once-in-a-century shift is hitting the transportation sector. By 2030, annual sales of
The Best Pick-and-Shovel Plays on Electric Vehicles Read More »
