(Kitco News)- The gold market could struggle through the rest of the year asthere is a lack of fundamental reasons to push prices higher, according to oneAustralian Bank.It is difficult to be overly bullish on gold as there is no newcatalyst that could dramatically drive prices higher, Macquarie precious metals analyst MatthewTurner told Kitco News on the sidelines of the London Bullion MarketAsso...Read More
Company Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today provided an update on its exploration programs during the third quarter.HighlightsLargest quarterly exploration program in company historyThere were up to 20 drills at 10 properties, 5 operating mines, all in North AmericaReserve price assumptions to determine this year's reserve...Read More
ELKO, Nevada, November 6, 2018 /PRNewswire/ --- U.S. Gold Corp. will drill up to 16,000 feet (approx. 5,000m) in approximately 8 holes - This program will assess a number of previously inaccessible targets because of previous permitting limitations - Identification, qualification, and prioritization of these targets were determined by means of detailed surface geology, geochemistry, and geophysi...Read More
Image courtesy of Rob Crandall/Shutterstock.com(Kitco News)- American voters are heading to the polls today to casttheir ballot in the much-anticipated midterm elections.Political pundits expect to see a split Congress with theDemocratic Party taking control of the House and the Republican Partymaintaining control of the Senate. While equity market and U.S. dollarinvestors appear to be favoring a...Read More
Nov 06, 2018 Guest(s): Brent Johnson CEO, Santiago Capital Midterm elections in the U.S. on November 6th may see the Republicans maintain control of both houses, said Brent Johnson, CEO of Santiago Capital. "I'm of the view that the Republicans will hold both Houses. And I think a lot of people think that the Democrats will get the House and the Republicans will keep the Senate and so we'll have...Read More
(Kitco News) -Gold holdings in globalexchange-traded funds and similar products rose in October by 16.5 tonnes forthe first monthly inflow in four months, the World Gold Council reportedTuesday.Holdings now stand at 2,345.6tonnes. Still, they are down 25.8 tonnes for the year to date.“Global stock markets experiencedtheir worst October since the 2008 financial crisis, with the MSCI All-World...Read More
John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count of conspiracy to commit wire fraud, price manipulation and spoofing.Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.Hugh Son | Dan ManganPublished 4 Hours AgoUpdated4 Hours AgoCNBC.com Scott Mlyn...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average, the Nasdaq and the S&P 500 all rose on Tuesday as voters headed to the polls for the U.S. midterm elections. It was the Nasdaq's first gain in three days, while the other two have closed higher in four of the past five trading sessions. Eli Lilly & Co. (LLY) fell 3.9% des...Read More
Mr. Antonio Berlanga reportsTRAFIGURA COMMITS 2ND LOAN TRANCHE US$5 MILLION TO TELSON'S TAHUEHUETO MINE CONSTRUCTIONTelson Mining Corp. has received $5-million (U.S.) for the second tranche of the loan agreement with Trafigura Mexico SA de CV, advanced under the loan facility and offtake agreement originally announced by the company on Dec. 18, 2017, for the rehabilitation, construction, operation...Read More
NEW YORK (Reuters) - Stock markets edged up on Tuesday, with trading thin in the United States, while the dollar and Treasury yields held steady as Americans went to the polls in pivotal midterm elections that could shift the balance of power in Congress.MSCI’s gauge of stocks across the globe .MIWD00000PUS gained 0.12 percent.The elections mark the first major test of President Donald Trump...Read More
NEW YORK (Reuters) - The dollar was essentially unchanged on Tuesday as Americans headed to the polls, its moves limited by investor caution about the U.S. midterm elections and any fallout for the world’s largest economy.The greenback has outperformed most major currencies this year, benefiting from the robust U.S. economy and rising interest rates. Investors are focused on whether congress...Read More
Mr. Roger Rosmus of Goliath reportsGOLIATH REPORTS UP TO 110 GPT AU (3.21 OZ/T) AT 10% OWNED DSM GOLD STANDARD PROPERTYGoliath Resources Ltd. and Juggernaut Exploration Ltd. have released channel, chip and grab sample assay results of up to 110 grams per tonne gold (3.21 ounces per ton) from the Big Show zone vein system, measuring two kilometres by one km. It remains open in all directions contai...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 6.Please click...Read More
Mr. Christian Grijalva reportsSAN MARCO ANNOUNCES DRILLING HAS COMMENCED AT THE CHUNIBAS CU-AG PROJECTDiamond drilling has commenced at San Marco Resources Inc.'s 100-per-cent-owned Chunibas copper-silver project, located in Sonora state, Mexico. San Marco and a wholly owned subsidiary of Antofagasta PLC have entered into an earn-in agreement to jointly explore and drill test several copper-silver...Read More
WASHINGTON/ATLANTA (Reuters) - Problems with voting machines were preventing some Americans from casting ballots in a dozen states in Tuesday’s congressional elections, U.S. rights advocates said, following complaints about registration problems, faulty equipment and intimidation they have received throughout early balloting.Democrats and advocacy groups said they have been grappling with a...Read More
Base metals futures prices on the London Metal Exchange fell sightly on Tuesday November 6 while uncertainty continued about the outcome of the mid-term elections in the United States and that country's trade relations with China.On Tuesday, three-month nickel was the only price to trade in positive territory, at $11,775 per tonne, up by $25 per tonne from Monday's closing price of $11,750 per ton...Read More
Mr. Josh Crumb reportsGOLDMONEY CONGRATULATES MENE INC. (TSXV:MENE) FOR ITS LISTING ON THE TSX VENTURE EXCHANGEGoldmoney Inc. is congratulating the entire team at Mene Inc., a luxury e-commerce 24-karat investment jewellery brand, for its achievements, as Mene commences trading today on the TSX Venture Exchange under the ticker symbol MENE.Goldmoney will declare a distribution of 3.99 million Clas...Read More
WASHINGTON (Reuters) - Americans voted on Tuesday to decide whether Donald Trump’s Republicans maintain their grip on the U.S. Congress, or if Democrats can slow the president’s agenda after a divisive campaign marked by clashes over race, immigration and trade.The first national elections since Trump captured the White House in a stunning 2016 upset is a referendum on the polarizing p...Read More
The Comex copper price staged a modest recovery in the US morning on Tuesday November 6 amid a softening dollar and speculative buying. The copper price for December settlement on the Comex division of the New York Mercantile Exchange recovered 0.35 cents to $2.7595 per lb. Industrial metal markets continue to look at the trade dispute between the United States and...Read More
Nov 6 (Reuters) - Canada's main stock index rose on Tuesday, driven by gains in shares of healthcare and material companies.* Better results announced by drugmaker Bausch Health lifted healthcare stocks, while materials companies rose on the back of higher metal and gold prices.* At 9:36 a.m. ET (1436 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 60.65 points, or 0.4 percen...Read More