Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
"There is popular demand for the Congress to request the president's tax returns..."I'm sure the White House will resist and so the question is where do we go from there," Continue...Read More
The Wall Street Journal is reporting that Trump may have taken money in exchange for political influence and favors duringContinue...Read More
Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d'Or. The estimate is based on drilling completed to Oct. 12, 2018. Since then, the Deep A zone has been the target of drilling, but its resources are not yet included in the current estimate.Kiena counts resources in the Kiena Deep, A, B, South, VC and S50 zones. The total measur...Read More
?EUR<"We have - we undertook a very thorough investigation, and, in 2016, we now know that there were two main ad accounts linked to Russia which advertised on Google for about $4,700 in advertising," Continue...Read More
Jordan Roy-Byrne, Founder of The Daily Gold addresses what Fed policy would actually drive metals higher. As much talk as there is of a pause coming from the Fed after next week's rate hike, a simple pause might not be enough to drive a full on bull market for the metals. We also look at how GDX, GDXJ, and SIL have been moving off the recent lows.Jordan Roy-Byrne, CMT is a Chartered Market Technic...Read More
Detour Gold Corp shareholders voted for five nominees of Paulson and Co and removed the interim CEO and Chairman, among others, from the nine-member board, the hedge fund said on Thursday, ending a months-long proxy fight.Paulson, who owns about 6 percent stake in the gold miner, had nominated eight members to the board. The company "unsuccessfully tried to boost short-term performance".The hedge...Read More
Shares of ATAC Resources (TSXV: ATC) plunged 25% on news that Barrick Gold (TSX: ABX; NYSE: ABX) is terminating its earn-in joint venture on the junior's Orion project, part of its 100%-owned Rackla gold property in the Yukon.Barrick declined a request for comment on the decision, but in an investor day presentation last month, the company's head of project evaluation, Rod Quick, stated that m...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Turkish billet prices have fallen over the past week because mills in the country have been struggling with weak rebar demand in both the domestic and the export markets, sources said on Thursday December 13.Fastmarkets MB's weekly price assessment for billet imports into Turkey was $435-445 per tonne cfr, widening downward from last week's range of $440-445 per tonne.Billet producers in the CIS r...Read More
Workers will return to Gold Fields' sole South African mine on Thursday after a six-week strike was called off by the country's National Union of Mineworkers (NUM), with production likely to resume in earnest after Christmas. Workers from the largest union operating at the South Deep mine downed tools in November after the bullion producer announced plans to cut 1,100 jobs at the mine - near a thi...Read More
Sibanye-Stillwater said on Thursday it had extended a wage agreement to cover all of its South African gold workforce, potentially putting an end to a strike that has seen almost half of its employees down tools since mid-November.The firm's shares rose 6 percent after the diversified miner said the strike, called by the Association of Mineworkers and Construction Union (AMCU), was no longer legal...Read More
Kirkland Lake Gold (TSX: KL; NYSE; KL) has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in Victoria, Australia.The company says results from 47 new drill holes totaling more than 17,000 metres of underground drilling outside the current measured and indicated Swan resource are confirming its geological model. It has...Read More
OK2 Minerals (TSXV: OK) entered into an arms-length definitive agreement with EMX Royalty (TSXV: EMX) to acquire the past-producing Bleikvassli Cu-Zn-Ag-Pb-Au Mine, and the Sagvoll and Mer??ker Zn-Cu projects, all located in Norway, as well as the advanced-stage Bastutr??sk Zn-Cu-Au project in Sweden.In a press release, the Vancouver-based miner said that together with the acquisition, it will und...Read More
Minera Alamos (TSXV: MAI) just received $2 million in early funding in connection with a royalty agreement through the execution of a secured senior convertible-to-loan agreement with Osisko Gold Royalties (TSX: OR).In a media statement, the Toronto-based miner said the loan may be converted into a 1% NSR on the La Fortuna gold project pursuant to the Royalty Option Agreement entered into with Osi...Read More
Steel billet import prices into Egypt have decreased over the past week amid new offers from the CIS region but domestic rebar prices are still unchanged, sources said on Thursday December 13.Fastmarkets MB's weekly price assessment for steel billet imported into Egypt was $440-445 per tonne cfr on Thursday, falling from $450-460 per tonne cfr last week.Billet producers in the Commonwealth of Inde...Read More
Despite turbulence in the markets, investors should not be pessimistic because there are plenty of good markets to allocate to, posits Samuel Pelaez, chief investment officer and portfolio manager with Galileo Global Equity Advisors, who discusses trends in the markets and companies he believes are at attractive entry points right now. Streetwise Reports: Oil has been declining over the last two...Read More
Canadian gold resource company wraps up 2018 with drill results that extend the mineralization found at its project in British Columbia's Golden Triangle. Aben's Forrest Kerr Gold ProjectAben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB), a Canadian gold resource company, completed its 2018 drilling program in British Columbia's Golden Triangle. Management released an update on December 13 providing th...Read More
A BMO Capital Markets report summarized the investment thesis for this company. In a Dec. 7 research note, analyst Andrew Kaip reported BMO Capital Markets initiated coverage on Newcrest Mining Ltd. (NCM:ASX) with a Market Perform rating and an AU$23 per share target price. The stock is currently trading at around AU$20.67 per share. "Newcrest meets BMO's criteria for a best-in-class mining compa...Read More
An iA Securities note reviewed the latest news about drill results and financings for this firm's Canadian project. In a Dec. 6 research note, analyst George Topping reported that Barkerville Gold Mines Ltd. (BGM:TSX.V) announced "more high-grade hits" at its Cariboo project's Cow Mountain, however, recent financings have been dilutive to the share price. As such, iA Securities lowered its target...Read More
Bart Melek, Global Head of Commodity Strategy for TD Securities answers your questions regarding gold, Fed policy and the ongoing drop in crude oil prices.Read More