Klondike Gold Corp. reported assays from a further twelve drill holes at the Lone Star Zone at the Company's wholly owned Klondike District Property, Yukon Territory.A total of 87 holes (9,511.93 meters) were drilled in 2018. To date, final assay results have been received and released from 42 of the 87 diamond drill holes completed in 2018. Exploration continues to affirm multiple local sources o...Read More
(Kitco News) - Gold andsilver prices arelower and have hit three-week and four-week lows, respectively, in early-afternoonU.S. trading Wednesday. Improving trader and investor risk appetite in themarketplace at mid-week is bearish for the safe-haven metals. Also, a strongerU.S. dollar index that scored a new for-the-move high today is pressuring theprecious metals markets this week. December gold...Read More
Mr. Mike Mutchler reportsAMARILLO PROVIDES UPDATE ON DRILLING RESULTS AT MARA ROSAAmarillo Gold Corp. is providing additional results from its continuing drilling at its Mara Rosa open-pit gold project in Goias state, Brazil. Highlights: 1.81 grams per tonne gold over a 13-metre core length in hole 18P058;3.54 g/t Au (or 6.24 g/t Au uncut) over 11 m core length in hole 18P061;1.33 g/t Au over 17 m...Read More
LONDON/NEW YORK (Reuters) - Bitcoin, the world’s first and most famous cryptocurrency, celebrates its tenth birthday on Wednesday.Its emergence has spawned a multitude of other digital currencies, brought blockchain technology to global attention, and vexed regulators worried about its crime misuse and weakness to hacking.The following are some major milestones in bitcoin’s first decad...Read More
Mr. Walt Coles Jr. reportsSKEENA INTERSECTS 10.09 G/T AUEQ OVER 45 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver assays for six holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill defined 21A, 21C and 22...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.32 G/T AU OVER 47.0 METRES AND 1.11 G/T AU OVER 36.25 METRESKlondike Gold Corp. has provided assays from a further 12 drill holes at the Lone Star zone at the company's wholly owned Klondike district property, Yukon territory.A total of 87 holes (9,511.93 metres) were drilled in 2018. To date, final assay results have been received and...Read More
The Federal Reserve released a set of proposed rules Wednesday that would "significantly" lower regulator barriers for smaller banks.Under the rules, the banks would be divided into four categories, with those having between $100 billion and $250 billion in assets seeing the greatest relief.The largest banks would face essentially the same regulations under the Dodd-Frank reforms, though the frequ...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Create your own user feedback survey Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our m...Read More
Ms. Akiko Levinson reportsIRVING RESOURCES RECEIVES MINING PERMIT AT ITS OMU GOLD-SILVER PROJECT, HOKKAIDO, JAPANIrving Resources Inc. has received approval from the Ministry of Economy, Trade and Industry (METI) of its Omui mine plan covering mining- and exploration-related activities at its Omui mining licence. Omui is part of Irving's 100-per-cent-controlled Omu gold-silver project in Hokkaido,...Read More
Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More
Mr. Mark Kolebaba reportsADAMERA COMPLETES FIRST DRILL HOLE AT LAMEFOOT SOUTH - DRILL MOVES TO OVERSIGHT PROSPECT TO FOLLOW UP HIGH GRADE INTERSECTIONAdamera Minerals Corp. has completed the first drill hole, LFS18-01, on the Lamefoot South property in Washington. The drill hole was sited 280 metres south of the Lamefoot gold mine. Assays are pending. Drill hole LFS18-01 encountered zones with int...Read More
"If I had a magic wand, I would raise taxes and cut retirement spending," Yellen told CNBC's Steve Liesman at the Charles Schwab Impact conference in Washington, D.C., who characterized the U.S. debt path as "unsustainable."Yellen noted this will only get worse as more baby boomers retire and spending on retirement and health care programs grow.Fred Imbert| @foimbert Published5:57PM ET Tue, 30 Oct...Read More
Mr. N. Eric Fier reportsSILVERCREST ANNOUNCES CHANGES TO BOARD OF DIRECTORS AND PROVIDES PROJECT UPDATESilvercrest Metals Inc. has appointed Hannes Portmann to the board of directors, replacing George Sanders, who is retiring from the board. Silvercrest is also pleased to provide a brief update of continuing activities at the Las Chispas project.Mr. Portmann is a mining executive with significant...Read More
Oct 31, 2018 Guest(s): Andrew Hecht Author, Hecht Commodity Report Silver has the best potential for growth of all the metals, according to Andrew Hecht, author of the Hecht Commodities Report. Hecht noted that the gold-silver ratio is at the highest level since 1993, and while the white metal has been a laggard to its gold counterpart lately, it has the potential to see sudden moves. "Silver is...Read More
Mr. Mike Mutchler reportsAMARILLO PROVIDES UPDATE ON DRILLING RESULTS AT MARA ROSAAmarillo Gold Corp. is providing additional results from its continuing drilling at its Mara Rosa open-pit gold project in Goias state, Brazil. Highlights: 1.81 grams per tonne gold over a 13-metre core length in hole 18P058;3.54 g/t Au (or 6.24 g/t Au uncut) over 11 m core length in hole 18P061;1.33 g/t Au over 17 m...Read More
It's Halloween. Will gold tradersand investors be tricked or treated? With gold now testing the lower end of theconsolidation pattern, how scary will it be for investors? The trick from hereis to observe gold as it searches for support, which should be no worse than$1,215.The trading action in gold appears to have tricked traders and investors with its failure to break out at$1,240. The longer-ter...Read More
Mr. Walt Coles Jr. reportsSKEENA INTERSECTS 10.09 G/T AUEQ OVER 45 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver assays for six holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill defined 21A, 21C and 22...Read More
Gold has dipped back below the 100-day moving average, whichis currently just shy of $1,220 per troy ounce, says Commerzbank. As of 9:35a.m. EDT, spot gold was $8.90 lower to $1,213.70 an ounce. “A firmer U.S.dollar and a noticeable recovery on the global stock markets are weighing onits price,” Commerzbank says. “Thus the technical picture has also becomesomewhat more gloomy aga...Read More
Ms. Akiko Levinson reportsIRVING RESOURCES RECEIVES MINING PERMIT AT ITS OMU GOLD-SILVER PROJECT, HOKKAIDO, JAPANIrving Resources Inc. has received approval from the Ministry of Economy, Trade and Industry (METI) of its Omui mine plan covering mining- and exploration-related activities at its Omui mining licence. Omui is part of Irving's 100-per-cent-controlled Omu gold-silver project in Hokkaido,...Read More
NEW YORK (Reuters) - U.S. stocks rebounded for a second day on Wednesday, as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits after equities had been spooked this month.Shares of Facebook Inc (FB.O) gained 4.6 percent after the social media giant said margins would stop shrinking after 2019 as costs from scandals ease. [nL2N1XA27I]The S&a...Read More