The G20 summit in Argentina has concluded. Are we better off? Will the temporary pause on new US/China tariffs hold? Anything positive from the brief Trump/Putin meet and greet? Missed opportunities? We break it all down in today's Liberty Report.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the N...Read More
Major US stock markets were up again with DJIA up 0.7%, S&P 0.4, NASDAQ down 0.8% and Russell 2000 off 2.5% both off last month's record levels. Emerging markets were down again 0.6%. TSX down 1.2% and TSX-V down 2.2% due to week gold prices. Bitcoin the always volatile digital currency was off 7% last month. Gold was down another 0.7% and Silver was up 1.1% but broke $14 during the month. Pt up 3...Read More
The austerity measures of the EU are having a profound impact in Europe. In Paris of December 1st, 2018 (right on time with our volatility models for December) there Continue...Read More
Chinese rebar prices bounced back in a big way on Monday December 3 after a 90-day truce was agreed in the tit-for-tat trade war between China and the United States.Domestic Eastern China (Shanghai): 3,960-4,000 yuan ($569-575) per tonne, up 160-170 yuan per tonneNorthern China (Beijing): 3,720-3,750 yuan per tonne, up 200 yuan per tonneAn agreement between the leaders of the world's two largest e...Read More
A version of this article appears in print on Nov. 21, 2018, on Page A6 of the New York edition with the headline: 17 Years After 9/11, Militants Have Steadily Multiplied, Study Says. Continue...Read More
"Together, AWS and Lockheed Martin are providing satellite operators increased flexibility, resiliency, and scale in a complete connectivity solution, ground architecture, and cloud Continue...Read More
After a week of insisting that a meeting with Putin on the sidelines of the G20 meeting in Argentina was going to happen, President Trump at the last minute sent out a Tweet explaining that due to a Russia/Ukraine dispute in the Sea of Azov he would no longer be willing to meet his Russian counterpart.According to Trump, the meeting had to be cancelled because the Russians seized three Ukrainian n...Read 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
Source: BloombergRelief that an escalation in the trade war between the US and China has been avoided - at least for now - sparked a huge rally in mining stocks on Monday.Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 a tonne and while the rally in the price of copper had fizzled out by afternoon trading, it did not stop investor...Read More
QUEBEC - Monarques Gold Corp. of Montreal has received a positive feasibility study for its 100% owned Wasamac gold project 15 km west of Rouyn-Noranda. The study concludes that the underground mine will produce an annual average of 142,000 oz. of gold over a life of 11 years.The Wasamac underground access and development concept. (Image: Monarques Gold)According to the feasibility study, Wasamac...Read More
NUNAVUT - Ottawa-based Aura Resources has issued an update of the work done at the Greyhound gold property, a partnership of Aura and Agnico Eagle Mining (the operator and holder of an optioned 70% interest). The project is located 40 km north of Baker Lake, and 32 km south of Agnico's Meadowbank gold mine.Agnico has completed surface mapping, induced polarization surveys, geochemical sampling, an...Read More
In August, Semafo (TSX: SMF) started flying expatriate employees by helicopter from its Boungou and Mana mines in Burkina Faso to the capital city of Ouagadougou.The Toronto-based company also heightened and reinforced escorts for the transportation of its national employees between the mines and their villages.At Boungou, the government deployed a ground military force on the route between the mi...Read More
KHARTOUM - Sudan will allow local private sector firms to export gold, Prime Minister Moataz Moussa said on Monday, relaxing the central bank's grip over exports of the metal as the government tries to shore up the country's struggling economy.The measure is part of efforts to stem smuggling of gold, one of the country's main sources of foreign currency."With the blessings of the president of the...Read More
Assays from holes drilled into the southwestern part of the Marathon deposit intersected intervals of high-grade gold over wide intervals at open-pit depths, Marathon Gold Corp. (TSX: MOZ) reports.Highlights include 17.39 grams gold over 5 metres from 213 metres downhole including 1.9 metres of 42.76 grams gold in drill hole MA-18-343, and 19.63 grams gold over 2.3 metres from 67 metres downhole,...Read More
Institutional Shareholder Services Inc (ISS) has advised shareholders to vote for Detour Gold Corp's refreshed board of directors at an upcoming special shareholders' meeting, stopping short of more aggressive changes demanded by activist investor Paulson & Co, the company said on Monday.Detour's existing management has been resisting Paulson's call for a complete overall of the board and immediat...Read More
Shares in Canada's Nautilus Minerals (TSX:NUS), one of the world's first seafloor miners, climbed more than 10% on Monday as the company disclosed is negotiating the terms of an agreement with arm's length third parties that would involve the creation of a joint venture company.The purpose of the new firm, Nautilus said, would be to fund the acquisition of the Production Support Vessel (PSV) that...Read More
Following the completion of its 2018 resource expansion drilling program, Fiore Gold (TSXV: F) announced today that it has updated the resource estimate for its Pan open pit mine in White Pine County, Nevada.The updated resource estimate includes Measured and Indicated (M+I) resources of 27.6 million tonnes grading 0.49 g/t containing 432,000 ounces of gold and Inferred Resources of 7.6 million to...Read More
North Vancouver/Stockholm-based Boreal Metals (TSXV:BMX) announced today it has completed seven diamond drill holes totalling 951 metres of exploratory diamond drill program at its Burfjord copper-gold project in Norway. In a press release, the miner said that assay results are expected in the coming weeks. The Burfjord project is comprised of six exploration licenses totaling 5,500 hectares near...Read More
Fund manager Adrian Day reviews some of the gold companies on his list, including a family of juniors all of which offer good targets for picking up in tax-loss selling seasons. Almaden Minerals Ltd. (AAU, NY, 0.52), like Vista from our last article, is very undervalued based on its ownership of a solid project, in Almaden's case the gold-silver Tuligtic project (which includes the Ixtaca deposi...Read More
The Chinese ferro-silicon market has added to recent price increases amid persistent demand from steel mills in the week ended Friday November 30, while in Europe prices are under pressure after reports of new deals, with long-term delivery negotiations in focus. China builds on price gains while steel mills buy for 2019 smelting schedules European market drops, awaits first-quarter settlements US...Read More