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1. Say it ain’t so Pretty much everything we thought we were building when we built the internet has turned out to be something else. Often, exactly the opposite of something else. Nowhere is that more true than when it comes to the wildly free speech and always-on transparency we thought would lead to an…
Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped. * The Toronto Stock Exchange's S&P/TSX composite index ended up 27.82 points, or 0.17 percent, at 16,326.70. Royal Bank of Canada added 0.5 percent to C$106.28, Bank of Montreal gained 0.7 percent to C$103.32, and Canadian Imperial Bank of Commerce finished up 0.5 percent to C$123.02 as they and other lenders moved their own benchmark lending rates up.
Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped. - The Toronto Stock Exchange's S&P/TSX composite index ended up 27.82 points, or 0.17 percent, at 16,326.70. Royal Bank of Canada added 0.5 percent to C$106.28, Bank of Montreal gained 0.7 percent to C$103.32, and Canadian Imperial Bank of Commerce finished up 0.5 percent to C$123.02 as they and other lenders moved their own benchmark lending rates up.
Industrial gold production in Mali rose to 49.6 tonnes in 2017, up 5 percent from the previous year, a senior Mines Ministry official said on Wednesday. The figure beat the 46.9 tonnes that Africa's third-largest producer managed in 2016 and was well ahead a forecast of 45 tonnes that the government had given half way through last year. "There was real progress in the industrial mines ... a net improvement in performance," Karim Berthe, deputy director of Mali's department for mines and geology, said in a statement.
Samsung has created a special edition of the Galaxy Note 8 for the 2018 Olympic & Paralympic Games in PyeongChang. What's the catch? You'll only be able to get one if you're taking part or working there.
Goldcorp's (GG) preliminary full-year 2017 production results exceed its earlier guidance. Also, the company remains on track to achieve its 20/20/20 plan.
Zacks Industry Outlook Highlights: Barrick Gold, Franco-Nevada, Sandstorm Gold, Asanko Gold and Pershing Gold
From Zacks: Gold prices scaled a three-month high on the last trading day of 2017, its best yearly performance since 2010. Notably, spot gold has surged more than 12% last year — its strongest gain since 2010. The performance is… Read more ›
Investing.com - Crude prices were largely unchanged in early dealings on Wednesday, holding below their highest level since late 2014, as investors looked ahead to weekly data from the U.S. on stockpiles of crude and refined products to gauge the strength of demand in the world’s largest energy consumer.
Investing.com - Gold prices edged lower in early dealings on Wednesday, backing off its strongest level in around four months as the U.S. dollar moved higher against a currency basket.
Ethereum traders sold during the open on Tuesday, drifting the market down to the $1000 level, which of course is a very significant level. I think that the market will continue to be noisy, as the market has a lot of things to consider when it comes to where crypto currencies are going next, and of course the US dollar did gain a little bit of traction in the Forex markets, which of course works against the value of crypto currencies. The fact that we bounce from the $1000 level is crucial, because that market being broken to the downside would almost undoubtedly release a flood of selling.
Investing.com - Gold prices gained in Asia on Wednesday with a weaker dolalr helping demand for the precious metal priced int he US currency.
Canada's main stock index fell on Tuesday as lower commodity prices weighed on the shares of materials and energy companies. * The Toronto Stock Exchange's S&P/TSX composite index closed down 72.93 points, ...
(Reuters) - Canadian gold miner Goldcorp Inc is "done" with mergers and acquisitions and will focus on building new mines at projects it already owns and on improving existing operations, Chief Executive David Garofalo said on Tuesday. Goldcorp, the world's fifth-biggest gold miner by market value, has made several acquisitions and sales in the past two years, including the purchase last March of a 50 percent stake in the Cerro Casale gold in Chile, one of the world's largest undeveloped gold deposits. Goldcorp said earlier that it expects its costs on an all-in sustaining basis to decline to around $800 an ounce in 2018 from around $825 an ounce in 2017.
Stock futures pointed to a slightly higher open for Canada's main stock index on Tuesday tracking gains in global shares, despite a dip in the price of metals and crude. March futures on the S&P TSX index ...
Investing.com - Crude prices edged lower in early dealings on Tuesday, but held near their highest level since late 2014, amid optimism over ongoing efforts by major producers to cut output to reduce a global glut
The BTC prices moved lower during the last 24 hours as the reports of shutdown of South Korean exchanges continues to haunt the markets