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Oil's bear market has turned black gold into a 'worthless commodity,' Dennis Gartman says
finance.yahoo.com

Commodities king Dennis Gartman says the crude crush is far from over.

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Mining this asteroid between Mars and Jupiter would net $10,000 quadrillion
finance.yahoo.com

That’s $10,000 with 15 zeroes after it. Scientists are interested in the metallic composition of the 16 Psyche asteroid.

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Gold hits highest level since late April after weaker U.S. jobs data
finance.yahoo.com

Gold hit a six-week high on Monday, buoyed by disappointing U.S. jobs data on Friday that dimmed the prospects for an aggressive run of interest rate increases in the world’s biggest economy. U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the […]

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A gold PlayStation 4 is on the way, and it costs $249
finance.yahoo.com

That plain matte black PlayStation 4 you’ve got? It’s old hat. It’s not nearly gold enough. What…

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Will Caterpillar (CAT) be Able to Sustain Positive Growth?
finance.yahoo.com

On May 29, we issued an updated research report on the mining and equipment behemoth, Caterpillar Inc. (CAT).

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Gold holds near one-month peak as dollar and stock markets soften
finance.yahoo.com

Gold hit its highest since May 1 on Friday at $1,269.50 an ounce, as nervousness over U.S. President Donald Trump’s negotiations with other world leaders at the G7 summit prompted investors to buy bullion as an alternative to nominally higher-risk assets such as shares. Spot gold was up 0.1 percent at $1,267.74 an ounce at […]

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Australian iron ore magnate donates $300 million to charity
finance.yahoo.com

CANBERRA, Australia (AP) — Iron ore mining magnate Andrew Forrest said Monday he was donating 400 million Australian dollars ($300 million) to charities in what has been described as a new record in Australian philanthropy.

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GE announces $15 billion of business deals with Saudi Arabia
finance.yahoo.com

U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom’s drive to diversify its economy beyond oil. It came as dozens of senior U.S. business executives met Saudi counterparts at a conference coinciding with the visit of President Donald Trump […]

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EPA allows mine company to pursue permits near Alaska bay
finance.yahoo.com

JUNEAU, Alaska (AP) — In a sharp reversal, the U.S. Environmental Protection Agency has cleared a way for a company to seek permits to develop a massive copper and gold deposit near the headwaters of a world-class salmon fishery in southwest Alaska.

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Trump Sets The Stage For A Huge Gold Rally This Spring
finance.yahoo.com

This little known junior explorer has managed to land the type of massive exploration concession normally reserved for major miners, and it is taking advantage of it

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Gold Miners See Super-Sized Stock Moves on Earnings Surprises
finance.yahoo.com

As the earnings season wraps up for North American gold miners, the biggest surprise has been out-sized market reactions, with Kinross Gold Corp. surging the most in almost a year and Barrick Gold Corp. tumbling. Barrick, the world’s biggest bullion producer, lost 11 percent on April 25 in more than double average trading volume after missing analysts’ estimates […]

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Mining giants race to fill board leadership gaps
finance.yahoo.com

Three of the world's biggest miners are hunting for new leaders for their boards at a time when the industry faces questions from investors about its conventional diversified business operations and strategies for growth. BHP Billiton (BHP.AX) (BLT.L), Rio Tinto (RIO.AX) (RIO.L) and Anglo American (AAL.L), whose chairmen have all announced their intention to step […]

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BSGR sues billionaire George Soros over loss of Guinea iron project
finance.yahoo.com

BSGR, which is controlled by Israeli billionaire businessman Beny Steinmetz, accused Soros and his controlled entities of manipulating the government of Guinea and elected officials and other misconduct to strip BSGR of mining contracts in Guinea in 2014. Israeli authorities put Steinmetz under house arrest on Dec. 19 after accusations that he paid tens of […]

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Flight to safety lifts yen, gold and bonds
finance.yahoo.com

Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five-month highs and yields on top-rated sovereign bonds to their lowest for the year so far. Japan's Nikkei (.N225) slid 1 percent in early trade, while MSCI's broadest index of Asia-Pacific shares outside Japan was […]

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Stocks spooked, safe-haven assets jump as U.S. missiles strike Syria
finance.yahoo.com

Safe-haven bonds and the yen jumped in Asia on Friday as stocks slipped after the United States launched cruise missiles against an air base in Syria, raising the risk of confrontation with Syrian backers Russia and Iran. The U.S. dollar dropped half a yen, while gold and oil prices rallied hard, though dealers said the […]

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Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikkei
finance.yahoo.com

U.S. private equity firm Silver Lake Partners LP [SILAK.UL] and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip unit, the Nikkei business daily reported on Friday. Suitors include Western Digital Corp which operates a chip plant with Toshiba in Japan, Micron Technology Inc, South Korean chipmaker […]

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BlackRock cuts fees and jobs; stockpicking goes high-tech
finance.yahoo.com

BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market. Last May, BlackRock said it had recruited Mark Wiseman, the head of Canada's biggest […]

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Halkbank says Turkish government working on issue of executive's U.S. detention
finance.yahoo.com

Shares in Turkish state lender Halkbank plunged as much as 16 percent on Wednesday after U.S. prosecutors charged one of its senior executives with participating in a multi-year scheme to violate U.S. sanctions against Iran. Halkbank (HALKB.IS) confirmed Mehmet Hakan Atilla, its deputy general manager, had been detained in the United States and said it […]

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Trump to offer federal coal to industry awash in reserves
finance.yahoo.com

U.S. President Donald Trump's administration has billed his move to re-open federal lands to new coal leases as a win for miners seeking to expand production. Trump will sign a decree on Tuesday to reverse former President Barack Obama's 2016 ban on new federal coal leases, part of a wide-ranging executive order to sweep away […]

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If healthcare vote fails, would jeopardize 'Trump trades': Gundlach
finance.yahoo.com

If the U.S. healthcare legislation overhaul is not passed, or is postponed, it will put "a lot of doubt" on the "Trump trades," which include higher U.S. equities and bond yields, DoubleLine Capital Chief Executive Jeffrey Gundlach said on Wednesday. "Surveys show that people believe the (Obamacare) repeal is the most likely part of Trump’s […]

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Asian stocks slide as fresh Trump jitters damage risk sentiment
finance.yahoo.com

Asian stocks posted their biggest drop in two weeks on Wednesday as growing doubts about Donald Trump's economic growth agenda prompted investors to dump risky assets and rush to safe havens such as gold and government debt. "Asian stocks have had a good run so this is a good excuse to take some money off […]

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