CloseGain/LossGold $1317.50-$5.60Silver$16.52-$0.04XAU82.52+0.07%HUI180.53-0.17%GDM630.18+0.33%JSE Gold1095.67+0.56USD91.59+0.39Euro121.06-0.68Yen91.60+0.07Oil$68.19+$0.1410-Year2.982%-0.044T-Bond142.46875+0.71875Dow24322.34+0.99%Nasdaq7118.68+1.64%S&P2666.94+1.04% The Metals: Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close, but it still ended...Read More
- Investors should not be put off by higher interest rates, World Gold Council research finds they do not always have a negative impact on gold- Only short-term movements in gold are 'heavily influenced by US interest rates'- Correlation between US interest rates and gold is waning, with US dollar a better indicator of short-term gold price- New findings will reassure gold investors that there...Read More
Desert Gold Ventures Inc. (TSXV:DAU, OTC:DAUGF, FKFT:QXR2.F) ('Desert Gold' or 'the Company') announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 4,333,334 units at a price of CDN $0.15 per unit (the 'Unit') to raise up to an aggregate CDN $650,000 (the 'Financing').Read full newsRead More
Blackrock Gold Corporation (TSXV: BRC) (the 'Company') is pleased to announce that its CEO Greg Schifrin has recently conducted a site visit to its recently optioned Silver Cloud Property in Elko County, Nevada to evaluate the property and potential drill targets.Read full newsRead More
The purge began overnight when Deutsche fired 300 U.S.-based investment bankers on Wednesday with another 100 pink slips expected over the next 24 hours.Read full newsRead More
While other central banks have been busy increasing their gold reserves, Canada sold off all its gold reserves in 2016. The Bank of Canada ranks last globally out of 100 major central banks.Read full newsRead More
Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More
FTSE 100 up 42.11 points at 7,421.43US trade deficit in goods drops for first time in 7 monthsIndustrialist Sanjeev Gupta to buy British arm of Diamond BankReports of another high street retailer PoundWorld facing shop closuresShell drags index lower The FTSE 100 index moved higher, but fell short of the boost seen in European markets, after Shell's results capped gains on the index.The FTSE...Read More
Canadian miner Agnico Eagle Mines Ltd on Thursday said it is planning to divest all of its cobalt assets in Canada and that it sold some gold interests in the United States.Agnico said it also started a strategic review on selling about 2,100 hectares of the Coleman and the South Lorrain cobalt-rich properties in Canada.The company sold its gold interests in Nevada to a unit of Newmont Mining Corp...Read More
France's ERAMET said on Friday it will make an all-cash takeover bid for Australia's Mineral Deposits Ltd at A$1.46 a share, valuing the company at about A$288 million ($218 million).ERAMET said the offer, pitched at a 26 percent premium to Mineral Deposits' closing price on Thursday, would enable the full consolidation of the TiZir joint venture, in which each company has a 50 percent stake.The v...Read More
Morning Market Breakdown, April 26: After a tumultuous Wednesday for some major indexes, both Bay Street and Wall Street glided into the green on Thursday.Read full newsRead More
James Barder, chief executive of Futura Medical PLC (LON:FUM), tells Proactive they've begun preparatory work on the first Phase III efficacy trial for MED2002 - their topical gel for erectile dysfunction (ED).The study will recruit approximately 1,000 patients with mild, moderate and severe ED and compare the efficacy of 0.2%, 0.4% and 0.6% GTN doses of MED2002 against that of the placebo. ...Read More
''After 30 odd years in traditional banking, working for the big banks around the world, I decided to quit because I thought banking was broken .. and to start a bank from scratch with all new technology'', says Anne Boden, chief executive of Starling Bank.''The legacy banks are full of this technology which has been around for a long time and it's very, very difficult to maintain and keep at the...Read More
Octagonal Plc (LON:OCT) saw its shares jump 16.9% to 3.1p in late-afternoon trading as its wholly owned subsidiary, Global Investment Strategy UK, reported record earnings in full-year results.The AIM-listed investment group said its subsidiary's underlying earnings (EBITDA) will be ?3mln, a 39% increase from ?2.2mln the previous year, on sales of ?6.5mln, a 16% increase from ?5.6mln the year...Read More
"International Nickel Study Group (INSG) out with a market report this week forecasting a 117kt deficit in the #nickel market this year vs ~100kt in 2017. Deficits large and growing. The nickel market is structurally short"Read full newsRead More
BTL Group's (TSXV:BTL) CEO Dominic McCann shares his excitement about the release of their new blockchain platform Interbit.McCann says this will now allow companies to address cyber security by making data more secure.He says Interbit will allow mass processing of data to be more efficient and in return save costs.The new step for BTL is to get the word out about Interbit and showing companies ho...Read More
Russia's leading coal producer, SUEK, has joined the World Coal Association (WCA), the only body acting internationally on behalf of the global coal industry. With 15 underground mines and 12 open pits in Siberia and the Far East of Russia, SUEK is one of the world's largest coal companies that produces higher-quality enriched coal."As the WCA continues to demonstrate the vital role coal plays in...Read More
Mining Capital's Alastair Ford talk about the week in mining.He says copper prices will be interesting to watch and also if the demand for lithium will continue. Ford also highlighted some companies making news his week in including Thor Exploration (TSXV:THX) Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018.Register here >>Read More
Jonathan Satchell, chief executive of Learning Technologies PLC (LON:LTG) discusses with Proactive Investors their acquisition of digital human resources group PeopleFluent.A placing at 98p raised ?85mln to help fund the deal.PeopleFluent works for 50 of Fortune's list of top 100 US companies and generated sales of ?83mln and underlying profits [EBIT] of ?9.2mln in 2017. Meet Peninsula Mi...Read More
LONDON, April 26 (Reuters) - Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said.Trading in Kaz Minerals' Hong Kong shares, which represent only 0.03 of...Read More