Millions of people in sub-Saharan Africa rely on money sent to them by relatives living abroad. But it costs more to send this money — known as remittances — to sub-Saharan Africa than any other region in the world, according to the World Bank. In recent years, a number of…
Taiwan’s coast guard detained a cargo ship and its Chinese crew on Tuesday and said it was investigating whether the vessel had deliberately cut an undersea internet cable, in the latest possible breach of the island’s communication lines. The vessel suspected of damaging the cable connecting Taiwan to its outlying…
There’s been a lot of wild speculation surrounding gold’s bullish run. When you consider a gold investment, you’re likely to think of the more common factors that come into play: inflation, geopolitical uncertainty, and central bank demand. But there’s more to the mix now, especially in light of the Trump…
Utilities enter top 5 Last week’s trading, especially the sell-off on Friday, has caused the Utilities sector to enter the top 5 at the cost of Industrials. Based on last Friday’s close, the sector ranking based on the combination of weekly and daily RRG metrics came out as follows: Communication…
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers. We’ve identified a series of bearish momentum divergences in the early days of 2025,…
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are now leading the market. Typically when this occurs the market…
Basin Energy (BSN:AU) has announced Virka Project Sampling Returns High-Grade Mineralisation Download the PDF here. This post appeared first on investingnews.com
Jindalee Lithium Limited (Jindalee, the Company; ASX: JLL, OTCQX: JNDAF) advises that the Company has sold its shareholding in Dynamic Metals (ASX: DYM, Dynamic), raising $2.75M before costs. Dynamic was formerly a Jindalee subsidiary which held Jindalee’s Australian exploration assets. Dynamic was spun out of the Company in January 2023…
Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Calibre Mining (TSX:CXB,OTCQX:CXBMF) have entered into a definitive arrangement agreement to merge, creating a major diversified gold producer in the Americas. The deal will see Equinox acquire all the outstanding common shares of Calibre in an all-stock transaction, forming a new entity that will continue operating…
Craig Hemke of TFMetalsReport.com weighs in on key questions in the gold market, including: Why gold is flowing from London to New York. What US gold monetization could look like. What an audit of Fort Knox might uncover. Watch the interview above for more from Hemke on those topics and…