Aldi whiskey is winning awards again, despite costing less than the competition. The recent Spirits Business Scotch Whisky Masters saw two Alid whiskey brands walk away with gold medals. The two whiskies that won these medals are the Highland Black Scotch Whisky and the Islay Single Malt Scotch Whisky.
Goldman Sachs Group Inc. reckons Brazil will win its sixth World Cup, basing its forecast on data mining, machine learning and econometrics. It used 200,000 statistical models, sifted data on individual players and recent team performance and ran 1 million simulations of the tournament. As a result, it predicts that Brazil will lift the trophy […]
Canada’s Goldcorp said on Monday an ongoing protest blocking entry to its Penasquito mine, one of Mexico’s biggest gold producers, could force the company to halt output. The mine, in northern Zacatecas state, produced 476,000 ounces of gold last year, comprising 18 percent of Goldcorp’s total production and generating more than 33 percent of its […]
The world's largest producer of bitcoin mining chips, Bitmain Technologies, might be considering going public.Bitmain's founder, the cryptocurrency billionaire Jihan Wu, told Bloomberg that Bitmain was considering an initial public offering as it expands into producing hardware for artificial-intelligence computing.
Despite similar growth prospects, there’s a wide gap between the valuations of these two gold mining stocks.
President Donald Trump tweeted early on Friday that he was “looking forward” to the May jobs report, which he had access to the night before. Gold extended its declines, while bond yields moved higher after Trump’s tweet. President Donald Trump may have given gold and interest-rate traders a clear heads-up on the solid May jobs […]
BOSTON (AP) — A Spanish galleon laden with gold that sank to the bottom of the Caribbean off the coast of Colombia more than 300 years ago was found three years ago with the help of an underwater autonomous vehicle operated by the Woods Hole Oceanographic Institution, the agency disclosed for the first time.
Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. factory in central Illinois have jumped, in general, three-fold over the past year. Years of watching Caterpillar and other big manufacturers cut inventories, close plants and axe workers in the last downturn has embedded caution in Kirsh’s ambition to expand after […]
Find out why the potential end of a government dispute helped one of these stocks.
While gold stocks seemingly offer a viable solution, their overall performance has been unusually disappointing. When it does, today’s beaten-up and undervalued gold stocks could witness a robust revival. While I don’t begrudge the equities sector enjoying its resilient bull market, the underperformance in gold stocks doesn’t quite jibe.
Shares of Caterpillar (CAT) have soared nearly 54% over the last year, which might cause some investors to think that the construction and mining equipment powerhouse's stock is expensive. But that doesn't appear to be the case at all. Let's dive into Caterpillar's recent price movement and growth projections to help show why CAT is […]
Gold streaming companies are a great way to invest in the precious metal. Here are some of the key benefits you need to know about and the top stocks to consider.
Digging deeply into the gold mining stock's past to unearth what the future might hold.
Eldorado Gold stock broke its losing streak to end April on a strong note. What gives?
By now, you've probably seen the video. And if you haven't, well there it is above: Mike Hale's silver Ford Mustang being devoured by the ravenous Pele, Hawaii's volcano goddess, and her unstoppable crush of lava. Yet, if you look closely in that video, you'll see something else, specifically in the foreground that meets its […]
The Kentucky Derby takes place on May 5 at Churchill Downs in Louisville, Kentucky. Mint julep cocktails at the Kentucky Derby will be served with a $1,000 price tag. The net proceeds of this expensive cocktail will go to the Jennifer Lawrence Arts Fund.
At Berkshire Hathaway's annual meeting 2018 on Saturday, Warren Buffett compared $10,000 invested in gold and stocks in 1942 to demonstrate why he's always been bullish on buying the latter. "For every dollar you could have made in American business, you'd have less than a penny of gain by buying into a store of value which […]
The unidentified male cleaner found the discarded gold bars at Seoul's Incheon International Airport on Thursday, according to local media reports.
Digging into the largest holders of gold in the world.
The point of owning a gold mining stock like Barrick Gold Corp (USA) (NYSE:ABX) is to gain leverage to the price of gold. An investor owns ABX stock because she is bullish on gold — and because, if gold rises, Barrick Gold stock should rise even further. At 5 million ounces of production and a […]
Saudi Arabia's finance minister says artificial intelligence, data mining and augmented reality is where it's targeting a massive spending push.