The copper scrap market in the United States lacked direction on Wednesday November 3, with many participants saying demand and supply remain in good balance and changes will largely be based on movement in terminal markets. "[The] copper trade is very quiet and stable and well balanced between supply and demand, albeit at lower levels," one dealer source said.A consumer agreed that "there's plent...Read More
VANCOUVER , British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) ("Rover" or the "Company") is please...Read full newsRead More
TRU Precious Metals Corp. encountered visible gold early in its 5,000 metre diamond drill program currently underway at its flagship Golden Rose Project.Read full newsRead More
Grab sample assays up to 13.40 gt Au from new targets north of PeRead full newsRead More
GTI Resources Ltd (GTI or Company) is pleased to advise that the acquisition of Branka Minerals Pty Ltd and the vendor placement of $600,000, as advised to ASX on 18 August 2021, have now both been completed.Settlement of the acquisition and completion of the vendor placement are the final milestone...Read full newsRead More
"Come writers and critics who prophesize with your pen,and keep your eyes wide, the chance won't come again, and don't speak too soon,For the wheel's still in spin" The Times They Are A-Changin' -- Bob DylanBeginning onThursday, October 28, when the European Central Bank held a press conferencefollowing their meeting that took place a few days earlier, which was followedby statements by both the F...Read More
Nonfarm payrolls grew at 531,000 in October, more than the consensus estimate of 450,000. The unemployment rate has fallen to 4.6%, down from 4.8% the previous month.Jim Awad, managing director of Clearstead Advisors said that a recovering labor market is a sign of higher wages to come, which in turn will cause higher inflation and higher interest rates. Speaking to David Lin, anchor for Kitco New...Read More
(Kitco News) With the Federal Reserve's tapering and new employment data out of the way, the gold market is finally moving.Gold jumped $25 on Friday as markets started to anticipate a more patient Federal Reserve going forward. December Comex gold futures were last at $1,818.60, up 1.40% on the day.Despite kicking off tapering this month, Federal Reserve Chair Jerome Powell acknowledged uncertaint...Read More
Dear Outsider,I made my friend Spike $5,000 in just three hours...Now, I've made some great gains for my readers in the past: one wrote in saying that he made over $100,000 on one of my recommendations. But I've certainly never made someone that kind of money in just a slice of an afternoon.I do not say this to brag, as many financial writers are all too happy to do. The fact is that the tip I ga...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - It has been a frustrating couple ofmonths for gold investors as the precious metal has been unable to attract anysustainable momentum. However, it looks like the tide is turning as risinginflation mak...Read More
(Kitco News) - Rising inflationpressures and central banks that are in no hurry to raise interest rates areboosting sentiment in the gold market as prices look to end the week above$1,800 an ounce. Although analysts seeroom for gold prices to move higher, a few still note that the market facessignificant overhead resistance. For gold to regain its luster and attract newmomentum, prices have to ult...Read More
Mr. Peter Grosskopf reports SPROTT ANNOUNCES THIRD QUARTER 2021 RESULTSSprott Inc. has released its financial results for the three and nine months ended Sept. 30, 2021. Management commentary "During the third quarter of 2021, Sprott demonstrated the strength of our strategy and continued to deliver strong financial results despite precious metals trading sideways for most of the period," said Pe...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold prices are fighting to hold resistance just below$1,800 as more Americans found jobs in October.Friday, the Bureau of Labor Statistics said 531,000 jobswere created last month. Economists were expe...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices werelower and hit daily lows in the immediate aftermath of a U.S. jobs report thatwas a bit more upbeat than market expectations. However, prices have sincestabilized and are tr...Read More
Kitco MEDIA ? The Metals, Money, and Markets Weekly by Mickey Fulp - November 5, 2021 Join The Mercenary Geologist Mickey Fulp and Trevor Hall of Mining Stock Daily every Friday afternoon for a recap of metals, money, and markets. Each episode provides commentary on performances and a look ahead to next week's markets. You can listen to the weekly wrap exclusively at Kitco.com. We trust you will...Read More
An anonymous director reports SPROTT INC. DECLARES THIRD QUARTER 2021 DIVIDENDSprott Inc.'s board of directors will pay a third quarter 2021 dividend of 25-U.S.-cents per common share, payable on Nov. 30, 2021, to shareholders of record at the close of business on Nov. 15, 2021.Registered shareholders who are residents of Canada as reflected in the company's shareholders register, as well as benef...Read More
Mr. Glen Williams reportsSPROTT ASSET MANAGEMENT ENTERS AGREEMENT WITH NORTH SHORE INDICES, INC. TO ACQUIRE LICENSING RIGHTS TO THE INDEX TRACKED BY THE NORTH SHORE GLOBAL URANIUM MINING ETF Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., has entered into a definitive agreement with North Shore Indices Inc. to acquire an exclusive licence to use the North Shore Global Uranium...Read More
Whata great way to start November with Equities making new all-time highs, the U.S.creating more jobs than expected, and the dreaded Fed meeting behind us. Itappears on the surface that the Fed was much more accommodative thananticipated, considering when Bernake tapered, Equities fell 5% that week. Goldfutures are back at $1815 and need to clear two more three-star majorresistance levels 1825-182...Read More
Company Website: https://newfoundgold.ca/VANCOUVER, British Columbia -- (Business Wire)New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG, NYSE American: NFGC) is pleased to provide an update regarding its QA/QC Program at Queensway and to announce its plans to proceed with Chrysos whole-core PhotonAssayTM methods for the assaying of core samples from its 100%-owned Queensway Project (...Read More
Mr. Marcel Robillard reportsPUMA EXPLORATION DISCOVERS NEW VISIBLE GOLD-BEARING ZONE AT WILLIAMS BROOK GOLD PROPERTY Puma Exploration Inc.'s continuing surface trenching and stripping programs have uncovered a new 100-metre-long high-density quartz veining zone with visible gold (VG) at its Williams Brook gold project located in New Brunswick, an emerging new gold district of Atlantic, Canada. A l...Read More