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Seahawk Ventures Provides Update on 2019 Exploration Program

June 25, 2019 / bit.ly

Seahawk Ventures Inc. (CSE: SHV) (Read full newsRead More

Merger mania could return as gold hits all-time high in Canadian dollars

June 25, 2019 / business.financialpost.com

'When things are going downhill, and you're getting squeezed, everybody has a bunker mentality'Read full newsRead More

Gold Price Taking A Breather Or Something Bigger Lurking?

June 25, 2019 / www.kitco.com

Jun 26, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals After hitting highs last seen six years ago, is the gold market taking a pause?The precious metal declined nearly 1% to $1,409 after hitting highs last seen in 2013. "In my 45 years in the business, I have never been more uncertain. As readers of my commentary know, I have been very constructive on gold since the $1,280 low s...Read More

The Banks Are In Trouble

June 22, 2019 / www.outsiderclub.com

The banks are in trouble and they know it.If there's one thing technology is good at, it's changing the status quo. You've no doubt heard about and witnessed it with ridesharing platforms like Uber. There are all kinds of stories about that company taking business away from traditional cab companies. Likewise, companies like AirBnB are disrupting the hotel industry.And while sweeping, sudden chang...Read More

Opinion: Gold may be entering a binary event as Trump-Xi are set to meet

June 25, 2019 / www.marketwatch.com

There's recently been a big focus on gold's price moves. What happens next to the price of gold is more important. There is a potentially binary event ahead. Let us explore the issue with the help of two charts. Please click here for a weekly annotated chart of SPDR Gold Shares GLD, -0.92%GLD, -0.92%an exchange traded fund (ETF). Please click here for a daily annotated chart of the same ETF. Ple...Read More

Consistent Momentum Needed For Gold and Miners - SIA Wealth Management

June 25, 2019 / www.kitco.com

Jun 26, 2019 Guest(s): Ted Bader President, SIA Wealth Investment Despite all the volatility in the marketplace, U.S. equities and particularly the tech sector remains the best place for investor capital, according to one fund manager. Mining and commodities are near the bottom of the barrel when it comes to relative strength in the current market environment, said Ted Bader, president of SIA We...Read More

Prospects of Lower Rates Lifts Gold

June 27, 2019 / www.thebullandbear.com

As widely anticipated, the Fed did not change its target rate today (July 19). Instead, the Fed set the stage for cuts possibly later this year. Overall, the market's response was a choppy climb to a modestly higher close. A more enthusiastic move by the market may have occurred if the Fed cut rates. Gold's reaction was more favorable, finishing the day higher by over 1%. Generally, the lower in...Read More

Dow Ends Down on Mixed Trade Messages From Mnuchin, Trump - TheStreet

June 27, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended down Wednesday after Treasury Secretary Steven Mnuchin said the U.S. and China were "about 90% of the way" to reaching a trade agreement, while President Trump said he wants to make a trade deal with Beijing, but is happy where things are now.Micron Technology (MU - Get Report) rose after the chipma...Read More

Alcoa to divest 25.1% stake in rolling mill to Ma'aden

June 27, 2019 / www.metalbulletin.com

Aluminium producer Alcoa announced Wednesday June 26 that it has amended its joint venture with Saudi Arabian producer Ma'aden for Alcoa to divest a 25.1% stake in a rolling mill.The joint venture between Ma'aden and Alcoa was created in 2009 and comprises of the Ma'aden Bauxite and Alumina company, the Ma'aden Aluminium Company, and the Ma'aden Rolling Company. Alcoa will transfer its 25.1%...Read More

Where Next for Gold After it Comfortably Breaks Through $1,400?

June 27, 2019 / www.thebullandbear.com

Over the past week, a dovish Fed and renewed tensions in the Middle East have sent the gold price comfortably above the psychologically important $1,400 level (touching $1,439 on the 25th as we write), a level last revisited more than six years ago. While Metals Focus expects further upside, we would caution that near-term headwinds still exist. Even so, the prospects for the gold price appear br...Read More

LIVE FUTURES REPORT 26/06: LME nickel price rallies 1.4% on short-covering; zinc holds above $2,500/t

June 27, 2019 / www.metalbulletin.com

The three-month nickel price on the London Metal Exchange rallied at the close of trading on Wednesday June 26, climbing by 1.4% to close at its highest level since April amid a continued drawdown in the LME's dwindling supply. The nickel price closed trading at $12,490 per tonne, climbing from an intraday low of $12,235 per tonne while total volumes traded breached 10,000 lots for the first time...Read More

GLOBAL TIN WRAP: European premium drops on easing market conditions; US, Asian premiums hold

June 27, 2019 / www.metalbulletin.com

Continued tin flows onto the London Metal Exchange, up 50% this month, exerted downward pressure on global premiums in the week to Tuesday June 25. An eroding backwardation in exchange forward spreads makes stockholders uncertain whether to hold or sell tin.  US premium holds, but reports of declining demand echo other regions.  China premium unchanged with no incentive for traders to i...Read More

JUn 25 Uranium week: postponed

June 25, 2019 / www.fnarena.com

Weekly Reports |Jun 25 2019Uranium markets were dead quiet last week in anticipation of a possible decision from President Trump regarding 232, but they will have to wait another week.-Trump briefing postponed-Spot price unchanged-The UK goes greenBy Greg PeelPresident Trump was due to meet with top advisors on Thursday to be briefed on the Department of Commerce recommendation regarding the petit...Read More

Alcoa to divest 25.1% stake in rolling mill to Ma'aden

June 27, 2019 / www.metalbulletin.com

Aluminium producer Alcoa announced Wednesday June 26 that it has amended its joint venture with Saudi Arabian producer Ma'aden for Alcoa to divest a 25.1% stake in a rolling mill.The joint venture between Ma'aden and Alcoa was created in 2009 and comprises of the Ma'aden Bauxite and Alumina company, the Ma'aden Aluminium Company, and the Ma'aden Rolling Company. Alcoa will transfer its 25.1%...Read More

ZeroHedge..Accurate and truthful on Gold Manipulation

June 26, 2019 / www.canadianmineanalysis.com

For over four years on both the www.Montrealanalyst.com and www.Canadianmineanalysis.com sites, we have stated repeatedly that the brokerages and bankers have been manipulating the price of gold down to keep it down. Yes, it is illegal and if we or you engaged in the same manipulation, we would be sentenced to prison (the "Big House") for a long "stretch." We also have advised again and again...Read More

CITIC approves second Ivanhoe investment

June 26, 2019 / www.mining-journal.com

Ivanhoe said the combined proceeds of US$514 million (C$679 million) from the CITIC and Zijin Mining investments positioned it to fully finance its $550 million share of capex to bring the Kakula copper mine in the Democratic Republic of Congo into commercial production. The company had announced in April that CITIC would take its investment in Ivanhoe to about US$1 billion with a second inve...Read More

FOCUS: Five supportive factors for manganese ore prices

June 27, 2019 / www.metalbulletin.com

A 10-week decline in low-grade manganese ore prices stalled on Friday June 21 and Chinese port ore prices have been rebounding dramatically from 2019 lows reached in early June. Fastmarkets' 37% manganese ore index, cif Tianjin held at $5.26 per dry metric tonne unit (dmtu) on Friday. Fastmarkets' China port index for 37% manganese ore increased by 2.30 yuan to 47.50 yuan per dmtu (equiv...Read More

Gold prices continue their march toward a six-year high

June 24, 2019 / www.marketwatch.com

Gold prices continued their march toward a six-year high on Monday, with weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks and geopolitical concerns all contributing to haven demand for the precious metal. "A modestly weaker U.S. dollar, as measured on the U.S. Dollar index DXY, -0.05% and slightly lower yields on the U.S. 10-y...Read More

Cobalt continues slide approaching month, quarter-end

June 27, 2019 / www.metalbulletin.com

Cobalt metal prices continued to weaken on Wednesday June 26 with the first half of the week seeing consumers postpone all but essential buying, leaving sellers to cut their offers to entice sales. Fastmarkets' assessment of the price for standard-grade cobalt was at $13.75-14.35 per lb, in-warehouse, on Wednesday June 26, down from $13.85-14.50 per lb on June 21. Fastmarkets' assessment of the pr...Read More

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