Metallic Minerals (TSXV: MMG; US-OTC: MMNGF) is wrapping up its $2.5-million summer work program in the Yukon.The company fanned out across both its Keno silver district and McKay silver-lead-zinc district in the territory. It found several mineralized vein structures and is refining next year's drill targets.Last year the Metallic team got on the ground at McKay and realized the property housed m...Read More
Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening. At first the effect on the broader economy is minimal, so consumers, companies and governments don't let a slight uptick in financing costs interfere with their borrowing and spending. But eventually rising rates begin to bite and borrowers get skittish, thro...Read More
CloseGain/LossGold $1188.90-$14.20Silver$14.39-$0.24XAU65.93+0.67%HUI143.84+0.28%GDM520.67+0.32%JSE Gold1032.62-11.18USD95.72+0.10Euro114.94-0.31Yen88.50+0.58Oil$74.29-$0.0510-Year3.230%-0.009T-Bond136.9375-0.34375Dow26486.78+0.15%Nasdaq7735.95-0.67%S&P2884.43-0.04% The Metals: Gold fell $19.40 to $1183.70 by late morning in New York before it bounced back higher in afternoon trade, but it...Read More
- A compendium of some of the most compelling charts and important conclusions of In Gold We Trust 2018- Recession risk, de-dollarization, general macro-topics and of course gold- Risk/reward-profile for gold is very good after capitulation selling & CoT report show the best setup in 17 years- The current technical setup for the gold price is positive "In Gold we Trust" Report 2018 - Access C...Read More
COMEX FUTURES REPORTA slowdown in china can result in losses for industrial metals and gains for gold. Gold will be the safe haven in China. The Chinese cutting the reserve ratio of banks is an indication that a slowdown is in the offing. Industrial metals are bullish in the long term on supply issues. Indian gold prices are at a record high. Indian gold demand from tomorrow will be way below ex...Read More
Things are starting to escalate and spread...Read full newsRead More
Fitch Solutions Macro Research has just published its outlook for global zinc production. Globally, mined zinc production continues to ramp up over the coming years as elevated prices encourage miners to restart idled capacity and key new mines come online, according to the report. Fitch forecasts global mined zinc production to increase by 3.5% in 2018, to 13.7mnt, and rise to 16.8mnt by 2027...Read More
Fitch Solutions Macro Research has just published its outlook for global zinc production. Globally, mined zinc production continues to ramp up over the coming years as elevated prices encourage miners to restart idled capacity and key new mines come online, according to the report. Fitch forecasts global mined zinc production to increase by 3.5% in 2018, to 13.7mnt, and rise to 16.8mnt by 2027...Read More
"5 Top Weekly TSX Stocks. Last week's top TSX stocks include MEG Energy that was up on a takeover offer, three precious metals miners and another energy producer. See the overview at https://t.co/aR1HrXCR3F #TSX #energy #mining #investing"Read full newsRead More
Shares of Albemarle Corp fell more than 2 % on Monday after a newspaper reported that Chile's nuclear regulator has refused to increase the company's lithium production quota.The report, which has yet to be confirmed by officials, would be a blow to the world's largest lithium producer's aim to increase output of the light metal used to make batteries for electric vehicles.Shares of Charlotte, Nor...Read More
Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil productio...Read full newsRead More
"5 Top Weekly TSXV Stocks: Gold Juniors Rise to the Top Investing News Network takes a look at how junior miners were faring on the TSXV last week. Here are the top five gainers. https://t.co/njO9gwx9Wr #mining #TSXV #investing"Read full newsRead More
Tesla has not been this much more volatile than Nasdaq in almost five years (seven times more volatile) as Elon Musk's recent mocking of the SEC has sparked yet more selling this morning - back near its lowest since April...Read full newsRead More
There is a widespread myth that small-scale and informal gold mining is the most lucrative livelihood for local and migrant communities in the Peruvian Amazon, and illegal mining is increasing every day. While many people are trying to make a living from mining, thoseRead full newsRead More
German aluminium producer Trimet Aluminium expects strong aluminium demand in 2019 but the global impact of U.S. import duties makes forecasts difficult, said executive board member Thomas Reuther.Trimet has not imported aluminium scrap from the United States, he said, despite some market expectations of more U.S. sales to Europe to replace lost exports to China. High alumina prices are a concern....Read More
Mercedes-Benz makes good on its previously announced $1 billion investment to bring electric vehicle manufacturing in the US - starting with breaking ground on a new battery factory in Alabam...Read full newsRead More
Tesla Inc. just can't seem to catch a break.If the rout sparked by an SEC investigation into CEO Elon Musk's tweets on taking the carmaker private wasn't enough, a subsequent tweet storm mocking the agency and an unflattering comparison to Lehman Brothers Holdings Inc. slewed off even more value. Shares extended losses for a fifth straight session Monday, falling 4.3 percent to the lowest in more...Read More
Despite having a rough summer, with a number of factors pushing gold below $1,200 an ounce (the high dollar, US economic growth, interest rate hikes, booming stock markets), the precious metal appears to be back in favor, with December gold futures closing last Tuesday's trading at $1,207 an ounce - a two-week high.In 10 minutes, Bloomberg reported, December gold contracts equal to 1.57 million ou...Read More
Despite having a rough summer, with a number of factors pushing gold below $1,200 an ounce (the high dollar, US economic growth, interest rate hikes, booming stock markets), the precious metal appears to be back in favor, with December gold futures closing last Tuesday's trading at $1,207 an ounce - a two-week high.In 10 minutes, Bloomberg reported, December gold contracts equal to 1.57 million ou...Read More
There's a small secret here on CleanTechnica: We ?(TM)? Tesla. Tesla is pushing transportation into a clean, zero-emission, electric future more than any other company. Nonetheless, we also need leadership from large automakers that weren't born electric. Globally, approximately 96 million passenger vehicles are sold a year. In the US alone, the figure is 17 million or moreRead full new...Read More