With Australia predicted to be the leading LNG exporter by 2022, growth in the industry has been strong this year.Domestic supply and international exports have both been increasing, and the Department of Industry, Innovation, and Science is forecasting for LNG exports from Australia to reach $35 billion by the end of 2018.That, coupled with the prediction that Australia will become the world's la...Read More
At press time, Bitcoin (BTC) Bitcoin has fallen to US$8,919 as hopes of a return to US$10,000 are once again dashed. Ethereum (ETH) prices also took a hit Tuesday after a report that US regulators are exploring whether it and other cryptocurrencies should be treated like securities.E...Read full newsRead More
OSPREY GOLD DEVELOPMENT LTD. (TSXV:OS) (OTCQB:OSSPF) (the 'Company' or 'Osprey') announces that it has appointed John Eric Wenger as a director of the Company.Read full newsRead More
CloseGain/LossGold $1305.10-$9.60Silver$16.17-$0.14XAU81.42+0.34%HUI179.20+0.41%GDM623.44+0.16%JSE Gold1104.60+8.93USD92.47+0.62Euro119.94-0.90Yen91.23-0.35Oil$67.25-$1.3210-Year2.969%+0.034T-Bond143.1875-0.65625Dow24099.05-0.27%Nasdaq7130.70+0.91%S&P2654.80+0.25% The Metals: Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into the close, but it...Read More
U.S. Mint American Eagle gold coin sales collapse to weakest April since 2007 giving contrarian value buyers another buy signalby Renita D. Young of ReutersSales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday.The U.S. Mint sold 4,500 ounces of...Read More
The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More
David Garofalo, president and CEO of Goldcorp, joins BNN Bloomberg to discuss the latest on the company's Coffee project in the Yukon.Read full newsRead More
Ken Hoffman, senior expert of Basic Materials Practice, McKinsey & Company, discusses his outlook for metals used in electric car batteries.Read full newsRead More
Randgold Resources was able to start up production at its Tongon mine once again, following several work stoppages that plagued the mine in Q1 2018.Read full newsRead More
Morning Market Breakdown, May 1: The start of the month brought red across the board, affecting both markets and commodities.Read full newsRead More
Glencore and Freeport-McMoRan under pressure in DRC and IndonesiaRead full newsRead More
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.Read full newsRead More
FTSE 100 up 11 pointsApril UK PMI marks 17 month low, pound weakensFTSE dollar earners riseBP results see shares risePipehawk is the day's best performer after landing four contractsThe FTSE 100 just about clung on to its gains at the death, helped by a mildly positive reaction to results from BP PLC (LON:BP.).The FTSE 100 closed at 7,520, up 11 points.BP added 1.8% after posting its best ope...Read More
John Belfontaine, president and executive chairman of Phivida Holdings (CSE:VIDA), talks Proactive's Andrew Scott through the formation of the company and the management team which he describes as 'second-to-none'.First trading as a public company in December 2017 they've moved quickly, securing deals with WeedMD Inc. (TSX-V:WMD) and Namaste Technologies Inc. ("Namaste") (CSE:N).They've also just...Read More
Nigel Redwood, chief executive of Nasstar Plc (LON:NASA), tells Proactive Investors they narrowed losses and improved margins in their 2017 full-year results as the company's "Nasstar 10-19" strategy began to bear fruit.The IT services provider reported an adjusted profit before tax for the period of ?3.5mln - compared to ?1.9mln for 2016.The group also saw margins on its adjusted underlying ear...Read More
Point Loma Resources (CVE:PLX) CEO Terry Meek tells Proactive Investors Point Loma acquired oil and natural gas liquid assets in the West Central area of Alberta in a receivership deal with a private company. The deal increases potential drilling opportunities.The property would add net operating income of C$1.3mln annualized and adds production of around 450 barrels of oil equivalent per day. &nb...Read More
Africa focussed explorer Cora Gold Limited (LON:CORA) soared some 33% higher after revealing what the company described as "exciting high grade results" from drilling at the Tekeledougou project area in Mali.Mobile-commerce group ATTRAQT Group plc (LON:ATQT) saw its shares 11% higher with the news of a new chief executive appointment, with Luke McKeever joining later this month, additionally, a re...Read More
Nexus Gold Corp. (TSXV:NXS,OTC:NXXGF,Frankfurt:N6E) reports management and board changes.Read full newsRead More
Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) ('Wallbridge' or the 'Company') is pleased to announce work onthe 35,000-tonne bulk sample at its Fenelon Gold Property is ahead of schedule and that the following milestones have been achieved:Read full newsRead More
Ivan Dunleavy chats to Proactive Investors after recently taking up the role of non-executive chairman at One Media IP Group PLC (LON:OMIP).Dunleavy ran Pinewood Studios for 17 years until its sale in 2016 for ?323mln.Heightened interest in One Media comes at a time when the music industry is in the middle of yet another sea-change in the way content is delivered, and the company believes its at...Read More