At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Jason talks about a how China offering credit To all! $685 billion dollars in total aggregate credit in just one month!Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output in the range of 162,500 ounces to 172,500 ounces.Based on t...Read More
One dead and 12 injured as Venezuelan troops open fire on civilians trying to keep Brazilian border open for aid - a day after Guaido's trucks rammed through roadblocksContinue...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second-largest gold producer, may eclipse its recent and perhaps overly-analyzed merger with Randgold Resources by buying rival gold major Newmont (NYSE:NEM) in a $19 billion all-share deal.Commenting on media speculation, the Canadian miner confirmed it had reviewed the opportunity to merge with the US miner in an all-share zero premium tran...Read More
"We have a 3rd crew member in the cabin of SpaceShipTwo today, Chief Astronaut Instructor, Beth Moses. She will provide human validation for the data we collect. Including aspectsContinue...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22. Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22.China The domestic ferro-chrome spot price rose in response to higher raw material prices pushing up production costs. But Tisco steel mill announced their March tender...Read More
"(We're talking about) naval delivery vehicles: submarines or surface ships. And we can put them, given the speed and range (of our missiles)... in neutral waters. Plus they are not stationary, they Continue...Read More
Canada's Barrick Gold may execute a hostile bid for Newmont Mining for about $19 billion in stockContinue...Read More
This finding came to light in the drill results from one zone on the property. Dixie Lake, Red Lake DistrictGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release it discovered, from the Dixie Hinge zone at its Dixie project, "one of the widest near-surface occurrences of veining and alteration hosting high-grade gold reported on the project to date, and has also successfull...Read More
This Canadian company reports phase 2 drill results from that deposit. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release that Jasperoid Wash is proving to be the fourth large and shallow oxide gold deposit at its flagship project, Railroad-Pinion in Nevada. The others are Pinion, Dark Star and Dixie. "Jasperoid Wash, with its down to the west displacement of the Penn-...Read More
These results suggest upside potential in expanding the resources there further. Goldplay Exploration Ltd. (GPLY:TSX.V; GLYXF:OTCQB) announced in a news release that test results from one trench revealed a high-grade silver zone that extended mineralization from the resource area to the Faisanes target at the San Marcial silver-lead-zinc project in Mexico. Channel sampling of the SMtr-001 trench,...Read More
Speculation around U.S.-China trade talks looks likely to continue The U.S. stock market enjoyed a positive session to help the major indexes cap off another weekly win. For most of the day buyers were in control thanks to upbeat trade buzz, with reports circulating about a potential March meeting between President Donald Trump and Chinese President Xi Jinping -- suggesting the March 1 tariff dead...Read More
Call volume is at an annual peak on both namesThe Dow is sailing toward its longest weekly win streak in 23 years on hopes of a U.S.-China trade deal. Among individual stocks making notable moves are shipping specialist Pitney Bowes Inc. (NYSE:PBI), biopharmaceutical firm Amarin Corporation (NASDAQ:AMRN), and Google parent Alphabet Inc (NASDAQ:GOOGL). Here's a quick look at what's moving the share...Read More
The index hasn't rallied this much during a nine-week surge since 1935The Dow Jones Industrial Average (DJI) is on pace for a 0.5% gain this week, which would mark its ninth straight weekly gain -- something we haven't seen since May 1995. Prior to that, you'd have to go back to 1989 for a similar rally, which was the first of its kind in more than 20 years, per data from Schaeffer's Senior Quanti...Read More
The Dow is pacing for its best weekly win streak in more than 20 yearsIt was a short but bullish week for U.S. stocks, despite ugly economic data and the Fed's concerns about the economy. The Dow Jones Industrial Average (DJI) just climbed above the 26,000 level for the first time since November, and is pacing for a ninth straight weekly win -- something we haven't seen since May 1995. Likewise, t...Read More
Over in the gold patch things went from disinterested and downright antagonistic (A Notable Lack of Interest in Gold) to sleepy (Gold “Community” Crickets) to ferociously over bullish.Any long-time and right minded gold bug will tell you that the latter condition is usually a signal to prepare for some turbulence.Wednesday and Thursday brought the turbulence in the form of a reversal a...Read More