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The approval, by 283 votes to 155, comes after Indigenous groups blocked a highway and burned tires to protest the measures earlier on Tuesday. Outside Sao Paulo, Brazil's largest city, demonstrators blocked a major motorway with flaming tires and used bows and arrows to confront police, who dispersed them with tear gas. Indigenous groups from across the country planned a week of protests outside Congress in the capital Brasilia. Lula legally recognized six Indigenous territories last month. Reporting by Anthony Boadle in Brasilia and Leonardo Benassatto in Sao Paulo; Editing by Brad Haynes, Cynthia Osterman and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Bill, Marco, Amanda Perobelli, Jair Bolsonaro, Luiz Inacio Lula da Silva, Bolsonaro, Lula, Anthony Boadle, Leonardo Benassatto, Brad Haynes, Cynthia Osterman Organizations: SAO PAULO, REUTERS, Supreme, Sao Paulo, Thomson Locations: BRASILIA, SAO, Sao Paulo, Brazil's, Brasilia, Guarani, Brazil, Sao, Lincoln

☆ How much of A.I. is just hype? A bull and a bear share their tips on how to invest
▼ + stars: | 2023-05-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

But it's also had its detractors , and some analysts have warned of the risks of investing in AI. One example is Meta, which has jumped over 100% this year partly as a result of its pivot from the metaverse to AI, Dietze said. How to invest Dietze and Ware agree on one thing: Avoid investing in pure-play AI companies. For such larger tech companies, AI is only going to be a small part of total revenues and profits — so it's safer, although returns will be more muted, he said. Ware added, "Forget making bets on 'pure play' AI companies with no earnings, no moat, and now [higher] costs of capital.

☆ Mysterious Killing of Chinese Gold Miners Puts New Pressure on Beijing
▼ + stars: | 2023-05-15 | by ( Nicole Hong | Elian Peltier | ) www.nytimes.com time to read: +1 min

The Chinese embassy in the Central African Republic had a stark warning for its compatriots in the landlocked nation: Do not leave the capital city of Bangui. Kidnappings of foreigners were on the rise, and any Chinese person outside of Bangui was to leave those areas immediately. Less than a week later, on March 19, a group of gunmen stormed a remote gold mine far away from Bangui and killed nine Chinese workers. The Central African government has said that it investigated the massacre and concluded that a leading rebel group had orchestrated it. The investigation has left a trail of unanswered questions about the motives and methods of the attackers.

☆ Brazil police shoot dead 4 illegal gold miners on Yanomami reservation
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +2 min

[1/4] A helicopter of the Brazilian Environmental Agency (IBAMA) is seen near Uraricoera river during an operation at illegal mining in the Yanomami indigenous land, Roraima state, Brazil, February 11, 2023. REUTERS/Amanda Perobelli/File PhotoBRASILIA, May 1 (Reuters) - Brazilian police and environmental protection agents were ambushed by illegal gold miners on the Yanomami Indigenous reservation in the Amazon on Monday and four miners were shot dead in the exchange of gunfire, a government statement said. The Environment Ministry said their team was attacked when they moved in to dismantle a wildcat mining camp run by an organized crime gang. Brazilian authorities are keen to show that they mean business in their efforts to remove the remainder of the wildcat miners on the reservation following the fatal shooting of a Yanomami man. Gold miners killed one man and seriously injured two others in an attack on Saturday in the Yanomami territory, where authorities have been evicting illegal miners who invaded Brazil's largest indigenous reservation, the size of Portugal.

☆ Brazil's Lula resumes creation of Indigenous reservations halted by Bolsonaro
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ueslei Marcelino/File PhotoBRASILIA, April 27 (Reuters) - Brazil's President Luiz Inacio Lula da Silva announced the formal recognition of six Indigenous reservations on Friday, fulfilling a campaign promise to reverse the policy of his far-right predecessor Jair Bolsonaro. Lula made the announcement as part of the annual meeting in Brasilia of representatives of Brazil's one million Indigenous people. The Free Land Camp is a five-day event featuring music, dance and food in tents erected on the grass esplanade of the capital. Indigenous leaders called on the president to speed up the recognition of some 300 Indigenous territories that have been mapped out but have waited for years to be formally recognized. With no state protection, Indigenous communities are in danger of invasions by illegal loggers and wildcat gold miners that surged under Bolsonaro.

☆ Make these 12 investments with strong technical set ups right now while the broader market faces the risk of a 'climactic bear scenario,' according to a longtime chartmaster
▼ + stars: | 2023-04-27 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Chartmaster David Keller shared the three biggest risks facing the market right now. The S&P 500 may struggle to break past technical resistance of 4,200 and 4,300. He predicted that if the VIX rises to 20, the S&P 500 would fall to a vital support level of 3,800. The percentage of S&P 500 stocks trading above their 50-day moving average (in green) has fallen below 50% recently. David Keller, StockCharts.comPoor market breadth should be a serious concern for investors, Keller said.

☆ Want to invest in gold? Skip mining stocks, strategist says, and trade this instead
▼ + stars: | 2023-04-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Gold prices are up 12% this year and are now trading at $2049 per troy ounce on the New York spot price market. Gold prices typically surge if markets expect low interest rates in a high inflationary environment. The strategist expects gold prices to reach $2,200 per ounce over the next 12 months. How to trade gold Doyle's preferred method for gaining exposure to gold is through exchange-traded commodities (ETCs), which are backed by physical gold. A number of ETCs for gold exist, such as the iShares Physical Gold ETC , Invesco Physical Gold , WisdomTree Core Physical Gold , Xtrackers Physical Gold ETC , and Xetra-Gold .

☆ TSX futures gain on oil boost; big US banks jump
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +1 min

April 14 (Reuters) - Futures for Canada's commodity-heavy stock index edged up on Friday, tracking a rise in crude prices, while upbeat earnings from big U.S. banks supported optimistic investor mood. June futures on the S&P/TSX index were up 0.2% at 7:00 a.m. Wall Street futures slipped as most growth and technology stocks were down in premarket trading, while robust earnings from big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N), limited losses for futures tracking S&P 500 (.SPX). The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) rose on Thursday to its highest closing level in nearly six weeks, buoyed by strength in gold miners. In company news, Scotiabank downgraded oil and gas company Cenovus Energy Inc (CVE.TO) to "sector perform" from "sector outperform."

☆ A gold miner found a mysterious grapefruit-sized fur ball. It turned out to be a 'perfectly preserved' 30,000-year-old squirrel.
▼ + stars: | 2023-04-11 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

But X-ray scans have revealed this grapefruit-sized lump is actually a 30,000-year-old mummified ground squirrel from the Ice Age. A ground squirrel for the agesAn illustration of the mummified ground squirrel curled up in its burrow during hibernation. "I study bones all the time and they're exciting, they're really neat. Wolfgang Kaehler/LightRocket via Getty Images"Some people get really, really excited when they find that giant woolly mammoth leg or, you know, the big tusks or the big skulls. But for me, the Arctic ground squirrel fossils, the nests, and now this mummified squirrel, are really the coolest things that we do have.

☆ Gold and mining ETFs are surging as the precious metal flirts with a record high
▼ + stars: | 2023-04-07 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Over the past month, the SPDR Gold Shares ETF (GLD) has pulled in more than $1 billion of new money, according to FactSet. The iShares Gold Trust (IAU) , SPDR Gold MiniShares Trust (GLDM) , Abrdn Physical Gold Shares ETF (SGOL) and Goldman Sachs Physical Gold ETF (AAAU) have pulled in more than $400 million combined. Funds comprised of gold mining stocks have also been popular, with the VanEck Gold Miners ETF (GDX) pulling in about $200 million. GDX YTD mountain Gold mining ETFs are rallying in 2023. The gold mining funds from Sprott ( SGDM ) and iShares ( RING ) have seen similarly strong performance.

☆ Want to play soaring gold prices? These stocks are seen rising by at least 20%
▼ + stars: | 2023-04-07 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Gold prices are up about 10% this year and traded around $2,020 an ounce at one point on Thursday. For investors looking to cash on potentially higher gold prices, CNBC Pro screened FactSet for stocks in the Global X Gold Explorers ETF , the iShares MSCI Global Gold Miners ETF , the VanEck Gold Miners ETF , and the SPDR S & P Metals and Mining ETF . The company's gold mining operations are in Western Australia, where it aims to produce 185,000 to 205,000 ounces of gold annually by 2024. Analysts give British mining firm Hochschild Mining potential upside of 32.8%, according to FactSet data. Other stocks that made the screen include Australia's Silver Lake Resources , Indonesia's PT Merdeka Copper Gold, Endeavour Mining and B2Gold .

BRASILIA, April 5 (Reuters) - A Supreme Court judge backed a government move to crack down on illegal gold mining in Brazil, suspending a legal practice of buyers accepting the origin of the precious metal with paper receipts based on the "good faith" of the seller. The injunction by Justice Gilmar Mendes gave the government 90 days to adopt a new regulatory framework for the gold trade to stop the sale of gold mined illegally from indigenous lands and other environmentally protected areas. The previous government of President Jair Bolsonaro eased environmental protections and encouraged wildcat mining in the Amazon rainforest. A surge in illegal mining on the Yanomami indigenous reservation caused disease and malnutrition that led the Lula government to declare a humanitarian crisis. The Brazilian Institute of Mining (Ibram), which represents gold mining companies such as AngloGold Ashanti Ltd (ANGJ.J) and Yamana Gold Inc (YRI.TO), as well as multinational giants such as Vale (VALE3.SA), Rio Tinto Ltd (RIO.AX) and BHP Group Ltd (BHP.AX), said 20% of Brazilian gold had no declared origin in 2021, citing data from the National Mining Agency.

☆ Here's what's driving the gains for gold as it approaches its highest levels on record
▼ + stars: | 2023-04-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

It's taken gold prices a long time to get this high — 5,000 years, give or take a few centuries — and it looks like the yellow metal could keep climbing. "Gold prices have benefited in recent weeks from safe haven demand amid concerns on the banking sector, as well as a view that the likelihood of a recession (i.e., hard landing) have materially increased. "Lower rates, coupled with inflation still well above the 2% target, would be positive for gold prices," he added. @GC.1 YTD line Gold price this year Tariq expects gold to average $1,925 an ounce in the second quarter, a 10% increase from Credit Suisse's previous target. Roque has a price target at $2,322, implying 14% upside from here.

☆ Buy gold, sell this industrial stock: How these traders are preparing for a slowing economy
▼ + stars: | 2023-04-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Ritholtz Wealth Management CEO Josh Brown said that he bought gold mining stock Newmont to play the surge in gold prices as investors turned to bullion in the wake of the recent banking crisis. Brown called Newmont the "highest quality name" trading on the New York Stock Exchange. "You just get these moments where people lose confidence in fiat, in the banking system, et cetera, and for whatever reason, religion or otherwise, they reach for gold," Brown said Tuesday on CNBC's " Halftime Report ." NEM YTD mountain Newmont shares YTD Gold futures popped over the $2,000 threshold on Tuesday. DE YTD mountain Deere share YTD "There needs to be more planting regardless of what goes on in the economy, recession or not," Lebenthal said.

☆ Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and more
▼ + stars: | 2023-04-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Virgin Orbit — Shares tanked more than 22% after the California-based satellite launch company filed for Chapter 11 bankruptcy protection. Virgin Orbit said it is looking to sell its assets and will lay off nearly all of its workforce. AMC's "APE" preferred shares gained 8.5% following the news. Etsy – Etsy shares gained 2.4% after Piper Sandler upgraded the e-commerce stock to overweight from neutral, saying that its marketplace strengths should help revamp active buyer growth. Gold miners — Shares of mining companies rallied as gold futures popped on Tuesday.

☆ Josh Brown buys Newmont: Technicals aligning with fundamentals for gold miners
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJosh Brown buys Newmont: Technicals aligning with fundamentals for gold minersJosh Brown, Stephanie Link, Jim Lebenthal join 'Halftime Report' to discuss standout technicals, today's JOLTS data, and strategies for navigating volatility.

☆ Colombian president suspends ceasefire with criminal group
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

BOGOTA, March 19 (Reuters) - Colombian President Gustavo Petro on Sunday said he had suspended a ceasefire with the Clan del Golfo, the country's largest criminal organization, because it had attacked police. "I have ordered the armed forces to reactivate all military operations against the Clan del Golfo," Petro said in a tweet. Minutes later, Petro tweeted: "The rifle attack on the police force by the Clan del Golfo breaks the ceasefire.... Days earlier, in a radio interview on March 13, Petro accused the group of destroying a municipal aqueduct in Antioquia province amid roadblocks connected to protests by informal gold miners. Petro said the group had "broken the ceasefire" and there was no possibility of negotiations with the group if they continue attacks.

☆ Gold Fields, AngloGold rule out merger after Ghana joint-venture deal
▼ + stars: | 2023-03-16 | by ( Nelson Banya | ) www.reuters.com time to read: +3 min

The South Africa-headquartered AngloGold and Gold Fields are among the five biggest gold producing companies by output in the world, with operations in Africa, Australia and South America. Gold Fields' Preece, who last month said the company was no longer pursuing big M&A deals after its failed bid for Canada's Yamana Gold (YRI.TO) said on the conference call "collaboration is easier". Gold Fields and AngloGold would own 60% and 30% of the joint operation, respectively, with the Ghanaian government holding 10%, Calderon said. "The proposed joint venture would create the largest gold mine in Africa and one of the largest in the world. Apart from Tarkwa, Gold Fields has two other mines in Ghana, Damang and the 45%-owned Asanko.

☆ Colombian president accuses criminal group of breaking ceasefire
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

BOGOTA, March 13 (Reuters) - Colombian President Gustavo Petro on Monday said the Clan del Golfo, the country's largest criminal organization, has broken a ceasefire and there is no possibility of negotiations with the group if they continue attacks. In a radio interview, Petro accused the group of destroying a municipal aqueduct in Antioquia province amid roadblocks connected to protests by informal gold miners. The Clan del Golfo versus humble people," Petro said in a Twitter message on Sunday. Gold miner Mineros SA has suspended operations in the region until it can guarantee security, it said in a statement. The government's National Mining Agency (ANM) last year said it would create a public company to help informal miners and put a dent in Colombia's illegal gold trade.

The Newcrest acquisition by Newmont, if successful, could result in the enlarged company shedding some assets. Bristow stuck to the company's 'build, not buy' approach and ruled out the possibility that Barrick would launch a counter bid for Newcrest. Newmont's offer implied a 21% premium to Newcrest's share price. Barrick last month reported a 13.4% rise in gold production as access to high-grade ore at its Cortez and Carlin mines in Nevada powered a "strong finish" to the fourth quarter. Production for the year, however, was 4.1 million ounces of gold, down from 4.4 million ounces in 2021.

☆ A 29-year-old stock trader who returned 132% in 2022 and remained profitable for 4 straight years shares his top 6 tips for profiting no matter what the market conditions are
▼ + stars: | 2023-02-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

He'll also set a sell-stop order once a stock's price reaches his breakeven price to reduce risk. It was an impressive run considering the stock market had its worst year since 2008. "If you think this company is going to come out with a great earnings report while the stock price is slipping, you might be encouraged to hold on a little longer. 6 takeaway tips from Ryan's approach to tradingLearning how to lose is probably the most important trading tip, Ryan said. If a stock's price is plunging rapidly, the order may not get filled in time.

☆ Biden and Lula project unity on democratic values and climate change
▼ + stars: | 2023-02-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +5 min

Brazil "self-marginalized itself for four years" under the former president, Lula said at the White House, without mentioning Bolsonaro by name. His world, Lula said, had "started and ended with fake news in the morning, afternoon, at night," prompting Biden to laugh and interject, "sounds familiar." Lula said the two leaders could also work together to combat inequality and climate change. Lula's visit to the White House followed a meeting with Senator Bernie Sanders and other lawmakers from Biden's Democratic Party. At the White House, Lula said the Amazon rainforest had been "invaded" under the previous administration, adding that he was committed to reaching zero deforestation by 2030.

☆ Biden to meet Brazil's Lula for talks on climate, democracy
▼ + stars: | 2023-02-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Days later a violent movement of election-denying Bolsonaro supporters stormed Brazil’s presidential palace, Congress and Supreme Court. Biden and Lula are not expected to agree on the war in Ukraine given Brazil's neutrality. On CNN, Lula defended his decision not to provided German-made artillery ammunition sought for the West's support of Ukrainian defense. Brazil's foreign ministry said support for democracy, human rights and the environment will be at the center of Lula's agenda in Washington. Lula traveled to Washington with Environment Minister Marina Silva, who is expected to meet with Biden's climate envoy John Kerry.

☆ Deforestation in Brazil's Amazon falls in first month under Lula
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ueslei MarcelinoSAO PAULO, Feb 10 (Reuters) - Deforestation in Brazil's Amazon rainforest fell in January from a year earlier, satellite data showed on Friday, in the first monthly figures under President Luiz Inacio Lula da Silva. In mid-January, Brazilian environmental agents launched their first anti-logging raids under Lula, who has pledged to end surging destruction under his predecessor Jair Bolsonaro. The fresh figures come after Reuters reported exclusively on Thursday that the United States was considering its first contribution to a multilateral fund aimed at fighting Amazon deforestation, with a possible announcement during President Joe Biden's meeting with Lula at the White House on Friday. The Brazilian-administered Amazon Fund, supported mainly by Norway and Germany, was reactivated by Environment Minister Marina Silva the day she took office last month, after being frozen since 2019 under Bolsonaro. The Brazilian government is also fighting wildcat mining on Yanomami land in the Amazon, its largest indigenous reservation, amid a humanitarian crisis blamed on illegal gold miners.

☆ Yanomami health crisis in Brazil can only be solved by expelling miners, official says
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +3 min

BRASILIA, Feb 7 (Reuters) - The medical emergency the Yanomami people of Brazil are suffering can only be overcome if illegal gold miners that invaded their reservation are evicted, an indigenous health official said on Tuesday. We believe the reopening of medical units can only be done when the miners are all removed," Indigenous Health Secretary Ricardo Weibe Tapeba told a news conference. About 20,000 wildcat miners on the Yanomami reservation in the state of Roraima in northern Brazil have brought malaria and severe food shortages that caused the death of starving Yanomami children, he said. Some 700 patients have been airlifted to the state capital of Boa Vista and are being treated at the CASAI indigenous health center hospital and a field hospital set up there, Weibe added. Their mineral-rich lands attracted wildcat miners for decades, especially after a military government built a road through the Amazon rainforest in the 1970s.

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