The Ontario Securities Commission has fined Katanga Mining (TSX: KAT) along with former members of its board of directors, including Aristotelis Mistakidis, Glencore's (LON: GLEN)'s head of copper trading, for disclosure violations and internal control failures that led to the company making misleading financial disclosure to investors.In a settlement with the Ontario Securities Commission today,...Read More
Constantine Metal Resources (TSXV: CEM; US-OTC: CNSNF) has boosted the overall tonnage at its Palmer polymetallic project in southeast Alaska by 43% with a maiden resource for the project's AG zone.The AG zone, located 3 km from the main Palmer deposit, contains 4.25 million inferred tonnes grading 4.64% zinc, 0.12% copper, 0.96% lead, 119.5 grams silver, 0.53 gram gold and 34% barite, or 9.04% zi...Read More
The gold price fell 0.7% to close the trading week at US$1,238.10. The Philadelphia Gold and Silver Index fell 0.5% to 67.59 and the Dow Jones Industrial Average fell 1.18% to 24,100.51. The S&P 500 Index fell 1.2% to 2,599.95. Shares of Iamgold rose 2.7% to US$3.38, after the company announced a maiden resource for its Gossey satellite gold deposit, 15 km northwest of its Essakane gold mine in Bu...Read More
Aurion Resources jumped 21 ? to $1.10 per share on drill results from its Risti project in northern Finland. The company reported that high-grade mineralization intersected in several drill holes in the Aamurusko zone may define a coherent zone or shoot made up of at least two primary gold-bearing vein sets filling the space of the shoot. Aurion noted that finding a shoot-like geometry linking int...Read More
The S&P/TSX Composite Index dropped 1.35% to finish at 14,595.07. The S&P/TSX Global Mining Index rose 1.6% to 64.51 and the S&P/TSX Global Base Metals Index increased 0.47% to 101.42. Spot gold fell US$9.70 per oz. to US$1,238.10 per oz., and the S&P/TSX Global Gold Index lost 0.26% to finish at 174.67.Shares of Wheaton Precious Metals rose on news of a settlement with the Canada Revenue Agency r...Read More
Easier said than done (2018 has certainly been a most humbling year for many investors/speculators), but hey, we have to try don’t we?Here’s a broader, macro view of 2018 performance across various sectors…Coupled with the fact that we are nearing the end of the year (most everyone is on holiday/vacation), there’s most likely a lack of interest (liquidity) in certain names,...Read More
One of the lasting inventions that has not only survived the test of time but is also still a vital part of modern life is the electric motor.We take it for granted, but we use it every single day, whether it's in common household appliances like the washer and dryer or the heaters and A/C units that are found in our automobiles.In fact, the electric motor is so ubiquitous that you probably don't...Read More
Desert Gold Ventures Inc. (the "Company") (TSXV:DAU, FF: QXR2, OTC: DAUGF) announces, subject to approval of the TSX Venture Exchange and further to its news release of November 30, 2018 that the Company has closed the first tranche (the "First Tranche") of its non-brokered private placement of up to 5,000,000 units at a price of CDN $0.15 per unit (the "Unit") to raise up to an aggregate of CDN $...Read More
Kakamega County has 1.31 million ounces of deposits valued at Sh171 billion, according to Mining MinistryRead full newsRead More
The industrial patterns of mining shaped many Australian towns, which found varied uses for disused mine sites. The mining boom ensures the challenges these sites present will be with us a long time.Read full newsRead More
CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08% The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ended near its early a...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
The planned merger, which creates the world's top gold miner by value and output, has been approved by the Royal Court of Jersey.Read full newsRead More
Red Pine Exploration Inc. (the "Company") (TSXV:RPX) is pleased to announce that its non-brokered private placement, previously announced on November 23, 2018, has been oversubscribed. Read full newsRead More
"Investors are flocking to gold in the fourth quarter, as volatile markets and a trade dispute have boosted demandhttps://t.co/wym3nHX9s3 via @WSJ"Read full newsRead More
"Investors are flocking to gold in the fourth quarter, as volatile markets and a trade dispute have boosted demandhttps://t.co/wym3nHX9s3 via @WSJ"Read full newsRead More
"1933 Industries (@1933Industries) (#CSE: $TGIF | #OTCQX: $TGIFF) to Release Q1 Fiscal 2019 Earnings Dec. 20, 2018 [https://t.co/7LPIeu18hA]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #cannabis #investments #cannabisdaily #CBD #hemp #THC"Read full newsRead More
"The Trade Weighted US Dollar -- on a long term basis,remains in an uptrend.It really has to take out the 1985 downtrend line to return to long term bearish."Read full newsRead More
"The Randgold and Barrick merger has passed the final milestone, meaning the Mark Bristow-led miner will quit #London on December 31. https://t.co/bEbHIeQODv $RRS $ABX #gold"Read full newsRead More
"iMETAL Expands Gowganda West by 35 Sq. Km -- $IMR #IMR @iMetalResources #Gold #Silver #Copper #Cobalt #momentumstocks #smallcap #hotstocks #Gowganda #PDAC2019 -- Read the News release here: https://t.co/k3hHD8DMkW"Read full newsRead More