"Crystal Lake Mining Signs Binding LOI to Acquire the Foremore Claims Located to the North of its Newmont Lake Project in Northwest B.C.'s Eskay District -- #gold #copper #goldentriangle #mineralexploration #mining #eskaycreek -Read the News Release here: https://t.co/npSZKtM1PW"Read full newsRead More
After the Fed's dovish tone last week, gold has made gains and has stayed over US$1,400 thanks to continued support from safe haven demand.Read full newsRead More
"Paramount Gold Enters Into An Agreement With Ausenco To Complete A Bankable Feasibility Study On Its Grassy Mountain Project https://t.co/ioihlFhBdj @ParamountNV #mining #Oregon"Read full newsRead More
"What is a preliminary economic assessment (PEA)? Here's a look at the information they include and why they're a crucial part of the mining process. https://t.co/5xBUueXUib #mining #exploration #PEA #investing"Read full newsRead More
"Telson's Tahuehueto El Perdido Zone Continues to Impress with New Exploration and Development Assays https://t.co/5QgjAyy4uR @telsonmining"Read full newsRead More
Seahawk Ventures Inc. (CSE: SHV) (Read full newsRead More
Nexus Gold Corp. (Read full newsRead More
'When things are going downhill, and you're getting squeezed, everybody has a bunker mentality'Read full newsRead More
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 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
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
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
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
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
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
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
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
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
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
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