"Fitch Solutions has released a bearish forecast for South Africa's #mining industry, with 0.8% annual growth for the next few years driven by Eskom's #coal needs ($) | https://t.co/m7nN0lldZE"Read full newsRead More
Canada's RNC Minerals (TSX: RNX), the company that last month unearthed more than 9,000 ounces of high-grade gold from a single blast at its Australian Beta Hunt mine, has recovered the first specimen.The Toronto-based miner said the slab, weighing about 90kg, was cut in the field, revealing impressive visible gold and quartz structures. It's estimated that the stone, which will be divided up...Read More
Canada's RNC Minerals (TSX: RNX), the company that last month unearthed more than 9,000 ounces of high-grade gold from a single blast at its Australian Beta Hunt mine, has recovered the first specimen.The Toronto-based miner said the slab, weighing about 90kg, was cut in the field, revealing impressive visible gold and quartz structures. It's estimated that the stone, which will be divided up...Read More
The second quarter 2018 was disappointing for investors in senior gold miner Goldcorp Inc. (TSX:G)(NYSE:GG). The miner missed expectations and reported lower production, cost blowouts and heightened foreign currency costs. And this, along with gold's latest weakness, has sparked speculation that Goldcorp will struggle to unlock value for investors and sees its stock down by 22% over the last year....Read More
Silver remains weak, touching a multi-year low of US$14.08 an ounce before rebounding to US$14.40 in recent weeks. The sustained weakness of silver has led to claims from some pundits that now is the time for investors to bolster their exposure to the white metal and buy beaten-down silver miners. While silver has always been considered a precious metal that is closely correlated to gold, there ar...Read More
Cobalt is not flashy. Nor is it going to skyrocket in six months. But the demand for cobalt in the automobile manufacturing industry is immense. Unlike the small amounts needed for smart phones, an electric car might need 10 to 20 kilograms. The MoneyLetter has scoured lists of analyst-favoured cobalt stocks. We note five of them below.In The Graduate, the memorable 1967 film that launched Dustin...Read More
"The only time we've ever seen a confluence of risk factors anywhere close to those of today was the week of March 24, 2000, which marked the peak of the technology bubble." - John Hussman, Hussman Funds, in his October Market CommentaryThe yield on the 10-yr Treasury has broken out, hitting its highest level since July 2011:By the end of June 2011, the Fed had only reached its half-way mark in mo...Read More
Drilling the Tatogga property in B.C.'s Golden Triangle. Source: GT Gold Corp.GT Gold Corp. [GTT-TSXV, GTGDF-OTC] shares rallied strongly Wednesday after the company released new drilling results from its wholly-owned Tatogga property in British Columbia's Golden Triangle area.The company said assays from the latest holes from its Saddle North target confirm the existence of a major new gold-coppe...Read More
Geologist Lachlan Kenna, air-leg miner Henry Dole, mine foreman Warren Edwards and senior geologist Zaf Thanos with large gold specimens found at the Beta Hunt Mine in Australia. Source: ABC Goldfields-Esperance: Jarrod LucasRNC Minerals [RNX-TSX] said Wednesday the first specimen slab from the top of the Father's Day discovery area at its Beta Hunt Mine in Australia has been successfully recovere...Read More
Believe me, it doesn't take much to move oil prices.When it comes to hurricanes, most people take it as a given. We assume every hard-hitting storm that makes it on land will drive crude prices through the roof.We can't blame anyone for this kind of thinking, can we?In the case of Hurricane Florence, which brutally pounded the Carolinas last month, the storm barely moved the needle on prices.By th...Read More
Colorado School of Mines' Mechanical Engineering Department hosted the 2nd Rocky Mountain Regional Haas Technical Educator Center (HTEC) CNC Educator Conference on Oct. 6. About 50 CNC educators, HTEC partners and local industry representatives attended the free one-day conference. The CNC educators came from schools with machining programs that use Haas Automation CNC mills and lathes. The conf...Read More
Publisher's Note: We're fortunate enough to have access to the legendary Mr. James Dines and his renowned research, writing, and insights.Mr. Dines is "The Original Gold Bug" and has attained "living legend" status for his ability to make correct forecasts that were in complete contradiction to the rest of the financial community.He's made readers of The Dines Letter a fortune. See what he's call...Read More
"Time to get ahead of the market and check out Next Green Wave, trading on the CSE as $NGW tomorrow on the #CSE! https://t.co/emGIZSD9et #marijuana #potstocks #cannabis #ipo #makingwavesPresentation here: https://t.co/5JwyvVF0r6"Read full newsRead More
CloseGain/LossGold $1190.10+$1.20Silver$14.40+$0.01XAU64.88-1.59%HUI141.35-1.73%GDM512.32-1.57%JSE Gold1065.89+33.27USD95.66-0.06Euro114.96+0.02Yen88.56+0.06Oil$74.96+$0.6710-Year3.203%-0.027T-Bond137.75+0.71875Dow26430.57-0.21%Nasdaq7738.02+0.03%S&P2880.34-0.14% The Metals: Gold edged up to $1191.80 in Asia before it dropped back to $1183.50 at about 9:45AM EST, but it then chopped back h...Read More
Trump wants to call China a currency manipulator. The fall in the yuan reflects growth concerns and nothing else. Currency should reflect fundamentals. Currency prices moves are based on fundamentals. The USA has the strongest economy which is why the US dollar is strong. Asian currencies are weak as a higher energy bill wreaks havoc on a nations balance sheet and also affects voter base. There...Read More
""By maintaining our focus on the people, not the tools, we are less likely to fail to recognise social risks": Read more from the 2018 #WorldRiskReport https://t.co/sl1MJhZ2bg ($) @M1NEHUTTE @MaplecroftRisk"Read full newsRead More
"Goldplay Announces Positive Results from Sampling of Historical Core at San Marcial - Attractive Silver-Lead-Zinc Mineralization Supports Open Pit Potential @goldplay_gply https://t.co/hQ2LG3fh3l"Read full newsRead More
"With gold prices dipping and production slowing, rumors that the yellow metal has reached its maximum level of global extraction have begun to swirl. https://t.co/qQJnt6u1wi #Resource #Gold #Investing"Read full newsRead More
"While gold has had its share of ups and downs in 2018, some companies have achieved strong results despite the precious metal's fluctuating price point. https://t.co/QAXjO0ZOsf #Resource #Gold #Investing"Read full newsRead More
Company Website: http://www.coeur.comCHICAGO -- (Business Wire)Coeur Mining, Inc. (the "Company" or "Coeur") (NYSE: CDE) today announced third quarter 2018 production of 2.9 million ounces of silver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 million pounds of lead, or 8.5 million silver equivalent1 ounces (10.4 million ounces based on average spot prices during the third quarter)3....Read More