The S&P/TSX Venture Composite Index fell 2% to 589.52. It has been on a slow but steady decline since the start of 2018.Shares of SilverCrest Metals rose 28 ? to $3.27. Recently, SSR Mining agreed to invest $31 million into the company, buying more than 8 million shares at $3.73 per share.Earlier in the month SilverCrest announced some of its best drill-hole intercepts to date at its Las Chispas s...Read More
Lithium-focused Wealth Minerals (TSXV: WML; US-OTC: WMLLF) says it will spin out a copper company, containing two copper exploration projects, that it plans to acquire in Chile.Wealth Copper will be spun out to shareholders of Wealth Minerals and eventually the new entity will list on the TSX Venture Exchange, the company says.Henk Van Alphen, Wealth Minerals' CEO, says the spin-out gives sharehol...Read More
Carube Copper (TSXV: CUC) has expanded the gold-in-soil anomaly at its Main Ridge gold project in Jamaica east to a 5.5 km total strike length.Though Carube has several copper and gold projects in Jamaica, the company says Main Ridge is one it can fast track through exploration. Carube is now carrying out detailed mapping and sampling at Main Ridge, including rock-chip samples, grab samples and ch...Read More
Canada's benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to 164.34. The gold price fell 0.01% to US$1,222.10. Shares of Moneta Porcupine Mines rose 27% to 12 ?. The company recently modelled a geological interpretation for its Golden Highway gold project near Timmins, Ontario. The model...Read More
In its 2019 forecast, the Australian bank put the average price for the upcoming March quarter at below US$1,200 per ounce.This forecast means a drop from the current price of $1,231/oz can't be far off."[The] US-China trade war is a source of market anxiety and, therefore, potential support for gold and silver prices. But for now, buoyant US economic activity and the US Fed's ongoing rate-hike cy...Read More
A few weeks back, I explained to you that Europe and Japan were the poster kids of monetary irresponsibility and that no matter how loud the dollar bears scream, it's Europe and Japan that will blow up first.I also told you that "the December rate hike and the volatility a rising dollar will cause globally is the setup for an explosive 2019 as the Fed will blink and reverse course, leading to a se...Read More
The company increased Measured & Indicated resources at both projects.Read full newsRead More
Palladium soared to a record high on Tuesday, fuelled by speculative interest an...Read full newsRead More
Palladium soared to a record high on Tuesday, fuelled by speculative interest an...Read full newsRead More
The alternative ending for last night's Trump-Xi dinner...Chinese stocks soared after the trade truce, but like US, leaked back in the afternoon session with no follow-through...Read full newsRead More
Trump isn't going to like this...Read full newsRead More
Klondike Gold (TSX-V: KG; FRA: LBDP) reported that, in 2018, it drilled 87 holes totaling 9,511.93 metres at the Lone Star Zone of its Klondike District Property. To date, the company has received final assay results from 51 of the diamond drill holes. Such results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization. "Hole LS18-201 on 12300E...Read More
"Read more about Diagnos and its AI Approach on Diabetic detection (which affects over 420m people)https://t.co/wuHrcWc3dc$ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #health #medicalAI $GOOG #momentumstocks #value"Read full newsRead More
CloseGain/LossGold $1230.80+$9.10Silver$14.37+$0.20XAU65.84+2.14%HUI148.35+2.29%GDM540.63+1.67%JSE Gold1104.90+6.09USD97.01-0.18Euro133.48+0.28Yen88.07-0.14Oil$52.95+$2.0210-Year2.984%-0.018T-Bond141.3125+0.15625Dow25826.43+1.13%Nasdaq7441.51+1.51%S&P2790.37+1.09% The Metals: Gold gained $13.10 to $1234.80 by late morning in New York before it drifted back lower into the close, but it stil...Read More
By Greg Hunter's USAWatchdog.comThe International Monetary Fund (IMF) previously deemed Deutsche Bank as the most systemically dangerous bank in the world.Professor of Economics and Law, William Black, knows why and contends:"Deutsche Bank (DB) poses as what is called a 'National Champion' bank and the largest bank by far in Germany, but it's actually the largest criminal enterprise in Ge...Read More
FAIRBANKS - Joan Skilbred has taught herself to scan for garbage in the background of century-old photographs of Fairbanks.Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
"Last week, Eskay Mining, Inventus Mining, Euro Manganese, Montument Mining and Alexandria Minerals were the top gainers on the TSXV. https://t.co/OHOh0SRpdd #investing #preciousmetals #gold"Read full newsRead More
Vancouver BC - MGX Minerals Inc's share price increased by almost 10% today after the company announced a significant gold discovery at its Fran Gold Project in British Columbia, 30 km southwest of the Mount Milligan Gold-Copper Mine.Drill hole FR18-95 in the Bullion Alley Gold Zone was drilled at an inclination of 55 degrees and depth of 314m and yielded a broad intercept from 227.0 to 241.0 mete...Read More