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Manufacturer completes DRC alluvial mining equipment project

June 07, 2019 / www.miningweekly.com

Alluvial diamond mining equipment manufacturer PCF Engineering has completed a multimillion-rand project for a client active in the Tshikapa diamond field in the Democratic Republic of Congo, for the manufacture and supply of a variety of equipment.PCF Engineering supplied gravel pumps, classifiers, duplex jigs, air compressors, pipes, couplings and nozzles to the client that is currently mining i...Read More

Before You Pay Your Hospital Bill, Read This

June 08, 2019 / dailyreckoning.com

Have you run up a huge hospital bill that you're having difficulty paying? The stress can be overwhelming, especially while you're recovering from a complicated procedure and feeling like you've been hit by a truck. But you're not alone… The Consumer Financial Protection Bureau (CFPB) found that 43 million Americans have overdue medical debt on their credit reports. You may have already ple...Read More

Odds 'n' Sods: My project in Pakistan went 'boom'

June 08, 2019 / www.northernminer.com

Half a day south of the N40 highway in Pakistan, the main road heading west to Iran through the Balochistan desert, lies the Ras Koh mountain range. Steep, rugged mountains with little or no forest cover cut by deeply incised nallas, or dry stream beds, which you don't want to be stuck in when it rains.Not that it rains very often. I was there in 1997 prospecting for porphyry copper systems, hot o...Read More

Weekly High Frequency Indicators: The Cure For High Interest Rates Is - High Interest Rates! (And Chaotic Tariff Po...

June 08, 2019 / twitter.com

"Weekly High Frequency Indicators: The Cure For High Interest Rates Is - High Interest Rates! (And Chaotic Tariff Policy) https://t.co/Xj0GzpfuNd"Read full newsRead More

Resource Big News Roundup: Searchlight Stakes High-Grade Kulyk Lake Rare Earth Project; IsoEnergy Expands Larocque...

June 08, 2019 / twitter.com

"Resource Big News Roundup: Searchlight Stakes High-Grade Kulyk Lake Rare Earth Project; IsoEnergy Expands Larocque East Uranium Property Through Staking https://t.co/22yQ1ibPC5 #resource #mining #exploration #investing"Read full newsRead More

Consider Coeur Mining as Gold Prices Rise

June 08, 2019 / dlvr.it

Warning! GuruFocus has detected 3 Warning Signs with CDE.Coeur Mining Inc. (CDE) is strongly positioned to benefit from this trend for several reasons.First, Senior Vice President and Chief Financial Officer Thomas S. Whelan purchased 25,000 ordinary shares of the company for an average price ofRead full newsRead More

Top Canadian Gold Stocks for the Careful Investor

June 09, 2019 / www.fool.ca

The TSX is awash with gold stocks, but separating the solid gold tickers from the fairy gold that turns into dead leaves overnight is far from a simple task. That’s why we’ve picked out the following three Canadian gold stocks for the careful investor. Featuring a range of defensive qualities mixed with growth and value for money, these are today’s best picks for a new precious m...Read More

This 50-year chart shows just how undervalued commodities are

June 07, 2019 / www.mining.com

US stock markets just enjoyed their best week of the year on speculation that the Federal Reserve would once again ride to the rescue of equities and inflate asset prices by cutting rates.The S&P 500 index is sporting double digit percentage gains so far this year. Meanwhile, the S&P GSCI All Commodities index is down 14% over the past year.Apart from all things gold, Incrementum's 13th annual In...Read More

Goldspot partners with Pacton on AI exploration at Red Lake

June 07, 2019 / www.mining.com

Goldspot Discoveries (TSXV: SPOT) announced Friday a signed service agreement with Pacton Gold (CVE: PAC) to use Goldspot's A.I. and machine learning tools to evaluate and identify possible mineral and drill targets on Pacton's Red Lake, Ontario property. "We believe Red Lake's ground is ripe for a technological revolution" - Goldspot CEOGoldspot has been granted a 0.5% smelter roy...Read More

Bluerock Diamonds' shares jump on record find

June 07, 2019 / www.mining.com

BlueRock Diamonds (LON: BRD) shares were up 15% on the London Stock Exchange Friday after the miner announced it had recovered its largest diamond to date, a 24.9 carat gem quality stone. BlueRock owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa. The miner's largest diamond prior was 16.28 carats, which sold for $78,947. "This record recovery of su...Read More

GoldSeek Radio: Nick Barisheff, Dr. Chris Martenson Ph.D., & Robert Ian

June 10, 2019 / news.goldseek.com

June 7th, 2019(S14-E699)Featured GuestsNick Barisheff & Dr. Chris MartensonGuest order by seniorityPlease Listen Here Interview RecapNick Barisheff returns to the show, head of Bullion Management Group (BMG) and author of $10,000 Gold.BMG announced a new hedge fund for pension funds and accredited investors to prepare investors for financial calamity.Nick Barisheff cautions investors to pr...Read More

Precious Metal Prices Capped at 10:30 a.m. in New York

June 10, 2019 / news.goldseek.com

By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price drifted quietly lower almost from the open of trading in New York at 6:00 p.m. EDT on Thursday evening, with its low tick of the day coming at, or shortly after the 2:15 p.m. afternoon gold fix in Shanghai. It wandered higher without much conviction until the noon silver fix in London -- and then began to head higher...Read More

The Golden Neckline...

June 10, 2019 / news.goldseek.com

- RambusIt's hard to believe that the massive H&S consolidation pattern we've been following for several years began to develop all the way back in 2013 during the initial crash off the 2011 high. This weekly line chart shows the price action closing this week right on the neckline at 1350. Note how many touches the neckline has experienced from below with each one backing off. Now the questio...Read More

Technical Scoop Update: Gold, Silver, The Collapse of the US Dollar Monetary System

June 10, 2019 / news.goldseek.com

"Consider trade protectionism. It's been tried - and found wanting - since the Great Depression." Elaine Chao, U.S. Secretary of Transportation 2017-, Secretary of Labour 2001-2009, Republican Party member, Spouse Mitch McConnel, b. 1953 "As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key compon...Read More

Gold market stretches gains to 8th session after weak jobs growth

June 07, 2019 / www.marketwatch.com

Gold futures on Friday stretched their streak of gains to an eighth straight session as a report that showed much weaker-than-expected U.S. jobs growth in May contributed to declines in the dollar and Treasury yields. August gold on Comex GCQ19, -0.74% tacked on $3.40, or 0.3%, to settle at $1,346.10 an ounce, notching an eighth week of gains in a row, the longest streak of weekly increases since...Read More

GoldSeek Radio: Nick Barisheff, Dr. Chris Martenson Ph.D., & Robert Ian

June 10, 2019 / news.goldseek.com

June 7th, 2019(S14-E699)Featured GuestsNick Barisheff & Dr. Chris MartensonGuest order by seniorityPlease Listen Here Interview RecapNick Barisheff returns to the show, head of Bullion Management Group (BMG) and author of $10,000 Gold.BMG announced a new hedge fund for pension funds and accredited investors to prepare investors for financial calamity.Nick Barisheff cautions investors to pr...Read More

Precious Metal Prices Capped at 10:30 a.m. in New York

June 10, 2019 / news.goldseek.com

By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price drifted quietly lower almost from the open of trading in New York at 6:00 p.m. EDT on Thursday evening, with its low tick of the day coming at, or shortly after the 2:15 p.m. afternoon gold fix in Shanghai. It wandered higher without much conviction until the noon silver fix in London -- and then began to head higher...Read More

The Golden Neckline...

June 10, 2019 / news.goldseek.com

- RambusIt's hard to believe that the massive H&S consolidation pattern we've been following for several years began to develop all the way back in 2013 during the initial crash off the 2011 high. This weekly line chart shows the price action closing this week right on the neckline at 1350. Note how many touches the neckline has experienced from below with each one backing off. Now the questio...Read More

Technical Scoop Update: Gold, Silver, The Collapse of the US Dollar Monetary System

June 10, 2019 / news.goldseek.com

"Consider trade protectionism. It's been tried - and found wanting - since the Great Depression." Elaine Chao, U.S. Secretary of Transportation 2017-, Secretary of Labour 2001-2009, Republican Party member, Spouse Mitch McConnel, b. 1953 "As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key compon...Read More

Ray Dalio Is Kinda, Sorta, Really Wrong

June 10, 2019 / news.goldseek.com

Dear RayIncome and Wealth InequalityIs Capitalism the Problem?Boston, New York, and ???"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some...Read More

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