Please Note: There will not be any Gold Seeker reports for the next week or two. CloseGain/LossGold $1293.80+$14.20Silver$17.69+$0.12XAU87.39+5.13%HUI204.55+6.07%GDM661.77+4.62%JSE Gold1410.81+91.44USD96.54-0.27Euro112.79+0.21Yen91.37+0.87Oil$48.19+$0.7910-Year2.143%-0.037T-Bond156.375+0.71875Dow21136.23-0.23%Nasdaq6275.06-0.33%S&P2429.33-0.28% The Metals: Gold climbed higher throughout m...Read More
Gold Today -New York closed at $1,279.60 yesterday after closing at $1,278.20 Friday. London opened at $1,289.50 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was slightly stronger at $1.1246 after yesterday's $1.1264: EUR1.- The Dollar index was slightly weaker at 96.73 after yeste...Read More
- Deposit bail in risk as stocks and bonds of Spanish bank - Banco Popular - crash- Banco Popular stock crashes most on record - down 63% this year to 34 euro cents- Spanish bank tells employees - "Don't panic"- Risk of Spanish banking crisis as Banco Popular credit curve inverts- Banco Popular needs to find at least EUR4 billion more capital - analysts- Deposits over EUR100,000 (euro) vulnerabl...Read More
Developments in Qatar will be closely watched. Energy is the root cause of all Middle East wars. After Qatar, Oman will be left. Oman could also start turning into a Yemen from next year. The so called energy war in the Middle East is a joint effort by the Saudi's and NATO to make new nations including expansion of Israel. Iran is a powerful nation and also has the support of Russia. The Syrian...Read More
A chill from Victoria is blowing across the BC investment climate. As I discussed on This Week in Money on Roundhouse radio with host Jim Goddard, a change in the weather may well be in store for BC investors.Last week, BC Greens leader Andrew Weaver gave NDP leader John Horgan a four-year power guarantee. In exchange, the NDP agreed to a list of policy demands which included doing everything poss...Read More
Maps shape our understanding of the world - and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.The funny thing is, almost everyone actually has a skewed perception of the true size of countries thanks to a cartographic technique called the Mercator projection. Used just about everywhere, from textbooks to Google Maps, the Mercator projec...Read More
Maps shape our understanding of the world - and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.The funny thing is, almost everyone actually has a skewed perception of the true size of countries thanks to a cartographic technique called the Mercator projection. Used just about everywhere, from textbooks to Google Maps, the Mercator projec...Read More
VANCOUVER, JUNE 6, 2017. OSPREY GOLD DEVELOPMENT LTD. (the "Company" or "Osprey") (TSXV: OS) is pleased to announce it has located and acquired an extensive package of digitized historical data encompassing all four of its current Nova Scotia property assets, namely the Goldenville Gold Project, Lower Seal Harbour Project, Gold Lake Project, and Miller Lake Project.The historical data comprises di...Read More
Polyus PJSC is selling shares worth at least $700 million as Russia's largest gold producer seeks to meet Moscow's stock-listing rules and raise cash.At least 7 percent of the company will be offered through a combination of new and existing shares owned by billionaire Suleiman Kerimov's family, according to a statement on Monday. Some of the shares will be traded as global depository receipts on...Read More
The latest highlights included 13m at 9.7g/t Au, which contained the headline intersection; 2m at 12.4g/t Au from 3m depth - also at Lena; and 2m at 10.3g/t from the Break of Day prospect.Musgrave has released a string of high-grade intercepts in recent months, sending its share price towards A$0.10 (US$0.07/share) in April, and it expects to complete a new resource estimate in July.Lena's existin...Read More
Mr.Mark Kolebaba reportsADAMERA STARTS DRILLING IN WASHINGTON STATEAdamera Minerals Corp.'s2017 drilling program in Washington State is under way. The first hole to be drilled is on the Oversight target immediately east of the past-producing Overlook gold mine. The drill hole will test a 70-metre deep VTEM (versatile time-domain electromagnetic) conductor supported by soil geochemistry (see May 24...Read More
Mr. Quinton Hennigh reportsNOVO ANNOUNCES CHANGES IN MANAGEMENT TEAM, APPOINTS NEW CEO AND CFO Novo Resources Corp. has appointed Robert Humphryson as the company's chief executive officer (CEO).Dr. Quinton Hennigh will become Novo's first chairman and retain his position as president.Mr. Humphryson, a mining engineer, graduated from the Western Australian School of Mines in 1990. Mr. Humphryson h...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD COMMENCES 2017 DRILL PROGRAMKlondike Gold Corp. has commenced diamond drilling and geophysical surveying as part of a $2-million exploration program within the company's Klondike district property inYukon. The company exploration plan for 2017 includes 50 to 60 diamond drill holes as well as targeted geophysical surveying, soil sampling, mapping and prospecti...Read More
Mr. John Burzynski reports OSISKO SUBMITS PROJECT DESCRIPTION AND PRELIMINARY PROJECT INFORMATION FOR WINDFALL Osisko Mining Inc. has filed the project description with the federal government (Canadian Environmental Assessment Agency or CEAA) and the preliminary project information with the Quebec government (Ministere du Developpement durable, de l'Environnement et de la Lutte contre les changeme...Read More
Dr. John-Mark Staude reportsRIVERSIDE RESOURCES SAMPLES UP TO 113 G/T GOLD AND 310 G/T SILVER AT THE CECILIA PROJECT IN SONORA, MEXICORiverside Resources Inc. has released initial results from the company's first phase exploration program at the Cecilia project located in northeastern Sonora, Mexico. Riverside's exploration team is targeting epithermal gold-silver mineralization hosted by a felsic...Read More
Mr. Jeff Pontius reportsCORVUS GOLD ACQUIRES MOTHER LODE PROPERTY FROM GOLDCORP, 10 KILOMETRES SOUTHEAST OF THE NORTH BULLFROG PROJECT, NEVADACorvus Gold Inc. has agreed toacquire the Mother Lode property in Nevada from Goldcorp USA Inc.Corvus Gold plans to purchase 100 per cent of the Mother Lode property, covering approximately 250 acres and containing a historic (non-National Instrument 43-101...Read More
An anonymous director reports CANACOL ENERGY LTD. PROVIDES COLOMBIA DRILLING AND ECUADOR UPDATE Canacol Energy Ltd. has provided the following updates for the Toronja 1 and Pumara 1 exploration wells, the 40-million-standard-cubic-foot-per-day gas pipeline project and an update concerning its Ecuadorian operation.Toronja 1 gas exploration well VIM 21 exploration and production contract, Lower Magd...Read More
Mr. Chris Lodder reports BGM INTERSECTS 12.43 G/T AU OVER 7.20 METRES AT VALLEY ZONEBarkerville Gold Mines Ltd. has released additional drilling results from the continuing 130,000-metre phase II Island Mountain exploration drilling program at the company's flagship Cariboo gold project.The company is currently exploring and delineating the Valley zone with four drill rigs.Detailed drilling result...Read More
Indian conglomerate Adani Group has decided to go ahead with its $12 billion (A$16bn) Carmichael coal mine and rail project in Queensland, Australia, one of the world's largest thermal coal mines approved in recent years.The decision comes only days after the conglomerate agreed to pay the state hefty royalties on the coal produced there and follows years of opposition to the project by organizati...Read More
Unsurprisingly, gold stocks have remained firmly in favour as global markets exude caution, in the wake of the London terror attacks, escalating tension in the Middle East, and just days from the UK election and testimony from former FBI head James Comey.The spot gold price rose above US$1,285 an ounce earlier today and has been described as being "within striking distance" of the key $1,300 mark....Read More